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ECI, Greece’s export credit agency sign deal to boost bilateral trade

Dubai / WAM Etihad Credit Insurance (ECI), the UAE Federal export credit company, signed a Memorandum of Understanding (MoU) with Greece’s Export Credit Insurance Organisation (ECIO), to enhance the bilateral trade and economic cooperation between the UAE and Greece. The two state export credit agencies will support local businesses of both countries operating in agriculture, construction, steel and aluminium, ceramics, ...

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Expo 2020 Dubai visit numbers nudge 4.8mn

Dubai / WAM Expo 2020 Dubai visit numbers have climbed to 4,766,419 in the period up to November 28, driven by music, sporting stars and continued strong take-up of the November Weekday Pass. Jubilee stage played host to a packed week of entertainment, including Kuwaiti singer Abdullah Al-Ruwaished and famed Egyptian singer Mohamed Hamaki, while a formidable all-female line-up delighted ...

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BP plans green hydrogen base in UK amid energy transition

Bloomberg BP Plc plans to build a green hydrogen facility in northeast England that could start producing the gas by 2025, part of a massive project to help the oil major transition towards cleaner sources of energy. The HyGreen Teesside proposal follows one made earlier this year to develop a blue hydrogen facility in the same location. That would produce ...

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Indian farmers press Modi for more after forcing his retreat

Bloomberg Indian PM Narendra Modi’s government moved to repeal controversial farm laws as parliament reconvened, to quell protests from a crucial vote bank that show little sign of abating with key state elections due next year. Both houses of parliament approved the scrapping of the legislation in rushed voice votes even as the opposition parties demanded a debate. However, the rollback ...

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Amazon to open Abu Dhabi fulfillment centre by 2024

Abu Dhabi / WAM As part of the Abu Dhabi Investment Office’s (Adio) programme to attract investment, Abu Dhabi will become home to Amazon’s most technologically advanced fulfillment centre in the region. Expected to be launched by 2024, the new fulfillment centre comes as part of a wider collaboration between Amazon and Adio which will also unlock job opportunities over ...

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ECI teams up with Tradeling to boost trade in Mena region

Dubai / WAM Giving a major boost to trade relations and continued business growth in the region, Etihad Credit Insurance, the UAE Federal export credit company, signed a memorandum of understanding (MoU) with Tradeling, the hyper-growing eMarketplace focused on business-to-business (B2B) transactions in the Middle East and North Africa region. Under the agreement, signed by Massimo Falcioni, CEO of ECI, ...

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UAE stresses importance of concerted global efforts to fight human trafficking

NEW YORK / WAM The UAE has stressed the importance of concerted international efforts to combat human trafficking during the United Nations General Assembly high-level meeting on the appraisal of the Global Action Plan to Combat Trafficking in Persons. The UAE praised the plan as “an important tool for unifying global efforts” and emphasised its commitment to action on the ...

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NYU Abu Dhabi welcomes 530 students in 12th class

Abu Dhabi / WAM New York University Abu Dhabi (NYUAD) welcomed its 12th class of 530 students this fall, coming from 87 countries and six continents, and speaking more than 75 languages. With the Class of 2025, the undergraduate student population now stands at more than 1,800 from over 120 countries and all seven Emirates in the UAE. Students at ...

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Bolsonaro’s foe in Covid plan to run for Brazil presidency

Bloomberg The governor of Brazil’s richest and most populous state was picked by the Brazilian Social Democracy Party as its candidate for next year’s election challenging President Jair Bolsonaro. Joao Doria, governor of Sao Paulo, was declared the winner of the primaries for the party known as PSDB, according to Bruno Araujo, who heads the group seeking to reemerge as ...

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