February, 2019

• 24 February

  DFM keen to promote innovation

  Dubai / WAM As part of its efforts to strengthen its leading position amongst most innovative and smart exchanges in the region and beyond, Dubai Financial Market (DFM) organises series of brainstorming sessions during the ‘UAE Innovation Month 2019’. The sessions aim to promote a culture of innovation amongst DFM employees and various market participants including listed companies and brokerage ...

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• 24 February

  Sheikh Mohamed receives heads of BlackRock, KKR

  Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received at the Beach Palace on Sunday, heads of two global investment firms, Larry Fink, Chairman and Chief Executive Officer of BlackRock, and Henry Kravis, Co-Chairman and Co-Chief Executive Officer of KKR. His Highness ...

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• 24 February

  EITC plans to roll out 700 5G-enabled base stations by 2019-end

  

  SHARM EL SHEIKH / WAM In a step towards supporting the UAE’s digital transformation, Emirates Integrated Telecommunications Company (EITC), on Sunday announced advanced level of preparation to roll-out 5G services in the UAE in 2019. Prominent landmarks across the UAE in all seven Emirates are currently being installed with high-technology 5G equipment and will be the first areas to have commercial ...

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• 24 February

  ‘UAE is quickly emerging as a preferred investment hub’

  

  Abu Dhabi / WAM Given how uncertain and volatile the global economic and political landscape currently is, with market uncertainty pervasive and investor confidence deteriorating, global private equity firms are on the lookout for stable, new markets where they can be certain not just of promising returns on investment but also an investor-friendly regime. As a result, the UAE, with ...

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• 24 February

  Dubai hits record in international overnight visitors

  

  Dubai / WAM Dubai welcomed 15.92 million international overnight visitors in 2018, marking a new high, according to Dubai Tourism. The emirate’s tourism department reported that Dubai’s top source markets provided consistently large numbers of tourists, resulting in double-digit growth to ensure targets are met, based upon Dubai’s Tourism Vision 2022-2025, in addition to driving even greater economic impact on ...

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• 24 February

  Dubai private sector’s innovation score rises to 64.4%

  

  Dubai / Emirates Business Companies in Dubai are increasing their efforts to foster innovation, reflected by the 4.7% improvement in the innovation score of Dubai’s private sector over the 2017-2018 period, new analysis conducted by Dubai Chamber of Commerce and Industry revealed. Released on the occasion of UAE Innovation Month, the analysis showed Dubai private sector’s innovation score rising to ...

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• 24 February

  Yahsat to inspire future Emirati innovators

  

  Abu Dhabi / Emirates Business Yahsat, the UAE-based global satellite operator, is announced as the official sponsor of the 2019 Think Science Fair, held across the seven emirates from February 17 to March 21. The event aims to encourage Emirati youth to pursue an education and career in the fields of science, technology and innovation (STI) in response to the ...

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• 24 February

  Etihad Aviation Group encourages youth to engage in science and tech

  

  ABU DHABI / WAM Etihad Aviation Group (EAG) announced that it is taking part in Think Science Fair 2019, which is being held at Khalifa University in Abu Dhabi, as part of its efforts to encourage the youth across the UAE to engage with science and technology and pursue a career in the world of aviation and aircraft engineering. The Abu ...

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• 24 February

  Etisalat unveils Robotic Centre of Excellence

  ABU DHABI / Emirates Business Etisalat on Sunday announced the launch of its Robotic Centre of Excellence that delivers a wide variety of automated solutions to boost efficiency and improve productivity leading to greater customer satisfaction. The initiative is part of Etisalat’s key activities to mark UAE Innovation Month. The centre, which soft launched with six robots last year, currently ...

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• 24 February

  UAE-Oman non-oil trade hits $8.7b in first 9 months of ’18

  

  MUSCAT / WAM Sultan bin Saeed Al Mansouri, Minister of Economy, described the relations between the UAE and Oman as a distinguished example of “strong and well-established ties.” The minister made the remarks while addressing the UAE-Oman Economic Forum, which was held in Muscat to develop investment and business opportunities between the two nations. “The forum represents a practical translation ...

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