August, 2023

• 24 August

  ERC, DIB to provide homes to flood victims in Pakistan

  

  ABU DHABI / WAM The Emirates Red Crescent (ERC) and the Dubai Islamic Bank (DIB) have signed a collaborative agreement to construct homes for those affected by the floods that hit Sindh Province in Pakistan. As per the agreement, the bank will allocate AED5 million to fund the construction of homes, while the ERC will oversee the project. The agreement ...

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• 24 August

  Abu Dhabi Maritime launches Marina Awards

  

  ABU DHABI / WAM Abu Dhabi Maritime, part of AD Ports Group, in collaboration with the Department of Municipalities and Transport (DMT), has announced that entries can now be submitted to the inaugural “Abu Dhabi Maritime Awards (Marinas Edition)”. This brand-new awards programme aims to recognise excellence and success across leading marina facilities in the region. Moreover, the awards will ...

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• 24 August

  UAE government partners with Mastercard to accelerate adoption of artificial intelligence

  

  DUBAI / WAM The UAE’s Artificial intelligence, Digital Economy and Remote Work Applications Office, and Mastercard on Thursday signed a memorandum of understanding (MoU) to increase artificial intelligence (AI) capabilities and readiness in the region. With AI playing an increasingly transformational role across society, an initial focus of the partnership will be dedicated to battling financial crime, securing the digital ...

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• 24 August

  UAE President congratulates Indian Prime Minister on successful Chandrayaan-3 Lunar landing

  

  ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan held a phone call with Narendra Modi, Prime Minister of the Republic of India, during which His Highness congratulated him on the successful landing of the Chandrayaan-3 spacecraft on the Moon. His Highness also extended his congratulations to the people of India for this momentous scientific achievement, emphasising that ...

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• 24 August

  Ministry, Bayt.com sign pact to enhance talent retention in UAE

  

  ABU DHABI / WAM The Ministry of Human Resources and Emiratisation (MoHRE) has signed a memorandum of understanding (MoU) with Bayt.com, one of the leading job search and recruitment platforms in the region. The MoU aims to enhance the retention of competent global talent working in the UAE labour market. According to the ministry, the MoU was signed by Khalil ...

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• 24 August

  COP28 UAE Presidency unveils priorities to drive water up climate agenda

  

  STOCKHOLM / WAM The COP28 UAE Presidency has launched its Water Agenda during World Water Week in Stockholm, which took place from August 20-24. COP28 announced its top priority areas, which include conserving and restoring freshwater ecosystems, enhancing urban water resilience, and bolstering water-resilient food systems. Furthermore, the COP28 Presidency announced a partnership with the Netherlands and Tajikistan to serve ...

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• 24 August

  Sheraa, Wio Bank sign pact  to empower Sharjah start-ups

  

  SHARJAH / WAM Sharjah Entrepreneurship Centre (Sheraa) has signed a memorandum of understanding (MoU) with Wio Bank, the region’s first platform bank, to empower ecosystem players with Wio platform that is built to reboot banking for the new digital age. The agreement comes within the framework of Sheraa’s vision on the importance of robust, reliable and reputable financial services management ...

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• 24 August

  Mohammed bin Rashid, Mansour bin Zayed wish Cambodian PM, Thai PM

  

  ABU DHABI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Minister of the Presidential Court, have sent two messages of congratulations to Hun Manet on his appointment as the Prime Minister of ...

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• 24 August

  Nvidia nears record high as AI demand fuels forecast

  

  BLOOMBERG Nvidia Corp shares were set to hit a record high in early trading after the chipmaker at the forefront of an industrywide artificial intelligence (AI) race delivered a third-straight sales forecast that surpassed Wall Street estimate. Shares rose 8.7% to $512 before markets in New York opened on Thursday after Nvidia said sales will be about $16 billion in ...

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• 24 August

  Snap appoints India head, announces revamp

  

  BLOOMBERG Snap Inc is appointing a former Google executive to lead its India operations as it strives to become a major social media force in a key growth market. Pulkit Trivedi will start as Snap’s managing director for India, the Snapchat parent said. The company also announced a new, localised organisational structure for the region, with teams such as those ...

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