January, 2018

• 21 January

  ADNOC Distribution buoys Abu Dhabi

  REUTERS Gulf stock markets mostly edged down on Sunday with Saudi Arabia pulling further away from a major resistance level, although a surge by fuel distributor ADNOC Distribution buoyed Abu Dhabi. The Saudi index slipped 0.3 percent to 7,518 points, pulling away from the July peak of 7,586 points. Dairy company Almarai dropped 1.9 percent after reporting fourth-quarter net profit ...

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• 21 January

  WFP chief commends UAE’s global humanitarian role

  

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, received on Sunday David Beasley, Executive Director of the Rome-based World Food Programme (WFP). The WFP is holding its annual meeting of its Executive Board in Dubai for the first time out of Rome. His Highness Sheikh Mohammed bin ...

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• 21 January

  Mohamed briefed on outcome of Al Azhar conference on Al Quds

  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, on Sunday received a call from the Grand Imam of Al Azhar, Dr. Ahmed Al Tayeb, on the outcome of the conference recently held by Al Azhar in Cairo in collaboration with the Muslim Council ...

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• 21 January

  DEWA awards $17.81mn water distribution project

  

  Dubai / WAM Dubai Electricity and Water Authority (DEWA), awarded a project to supply and commission a smart water distribution project. The project will monitor and control remote data collection of the water distribution network in Dubai. This is part of DEWA’s strategic plan to enhance the operational efficiency of its water network, and meet growing demand for its services, ...

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• 21 January

  RTA spreads Dirham Khair initiative to 7,000 taxis

  Dubai / WAM The Roads and Transport Authority (RTA), revealed that it had spread the Dirham Khair; one of the seven initiatives launched under RTA, to 7,000 taxicabs. It involves an elective donation by taxi riders, and the proceeds will be directed to support humanitarian activities at local, regional and international levels. Having 34,945 clients supporting the Dirham Khair during ...

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• 21 January

  Oracle opens AI centre in Dubai

  Dubai / WAM In yet a new bid to help drive the implementation of artificial intelligence (AI), across the UAE, Oracle on Sunday announced the opening of a first-of-its-kind Innovation Hub in Dubai. As the nation celebrates the centennial of the birth of late Sheikh Zayed bin Sultan Al Nahyan with the ‘Year of Zayed’ initiative, Oracle has named the ...

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• 21 January

  AAAID to host investment meet at AgraMe 2018 in Dubai

  

  Dubai / WAM A recent agreement has been signed with the Arab Authority for Agricultural Investment and Development (AAAID), to host their Affiliate Companies’ Meeting for the first time ever in Dubai. The meeting will take shape in the style of a conference, which will be held at the AgraME exhibition on March 7. AgraME is a global agricultural exhibition, ...

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• 21 January

  Intersec opens in Dubai

  

  Dubai / Emirates Business Taking place until January 23, the three-day event features 1,337 exhibitors from 59 countries, covering 60,000sqm of space at the Dubai International Convention and Exhibition Centre (DICEC), a five percent increase over the previous year. More than 5,000 brands are on show across seven focus areas of Commercial Security, Fire & Rescue, Safety & Health, Homeland ...

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• 21 January

  Al Hilal Bank bags ‘best CSR in Islamic banking UAE’ award

  ABU DHABI / Emirates Business Al Hilal Bank was awarded the “Best CSR in Islamic Banking UAE” Award for its Child Safety CSR Campaign by CPI Financial, a leading financial publication in the Middle East. Alex Coelho, CEO of Al Hilal Bank received the award on behalf of the bank from Saleh Al Akrabi, Chairman CPI Financial and CEO DIFC ...

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• 21 January

  AMAF inaugurates AED8mn endowment project in Dubai

  

  Dubai / Emirates Business Marking the commencement of ‘Year of Zayed’, Awqaf and Minors Affairs Foundation (AMAF) on Sunday inaugurated the first endowment residential and commercial project in Al Bada’a area of Dubai, funded by an endowment from Khalaf Ahmad Al Habtoor, Chairman of Al Habtoor Group. Proceeds from the project will be allocated to AMAF’s general charity mandate. His ...

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