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Abu Dhabi / WAM The Abu Dhabi Exports Office (Adex), the export-financing arm of the Abu Dhabi Fund for Development (ADFD), has entered into a strategic partnership with Ras Al Khaimah (RAK) Chamber of Commerce and Industry as part of its efforts to support Emirati exporters and build a diverse and sustainable national economy. Both parties formally sealed their cooperation ...

Abu Dhabi / WAM The UAE has dispatched an aircraft carrying 100,000 doses of the Covid-19 vaccine to Mauritania to help curb the spread of the virus and support Mauritania’s efforts to accelerate its recovery. Additionally carrying 15 metric tonnes of medical supplies, the aircraft is the fifth of its kind to be sent to Mauritania. Hamad Ghanem Al Mehairi, ...

Dubai / WAM Dubai Economy and Emirates Integrated Telecommunications Company PJSC (du), signed a Memorandum of Understanding (MoU) to launch the ‘Start @ du’ initiative to facilitate doing business in Dubai. The MoU is in line with the joint commitment to promote excellence in providing smart services and initiatives that contribute to raising the competitiveness and sustainability of businesses in ...

Bloomberg Former President Donald Trump frequently teases another presidential bid, without actually announcing, a strategy that leaves him with access to a $102 million war chest, an unrivaled haul that could scare off donors to other candidates and freeze the Republican 2024 race. By not formally declaring, Trump is free to use money from his political action committees to act ...

Bloomberg The UK is set to take the lead among developed economies by raising new taxes that will help trim pandemic budget deficits, an issue that’s likely to dominate policy debate across the world in the coming years. A 12-billion pound ($17 billion) charge on workers and companies is due to come before Parliament for a vote. If approved, it ...

Sharjah / WAM Sharjah Islamic Bank (SIB) has announced the launch of its corporate digital banking services, providing an integrated banking experience characterised by speed, flexibility and security. Rahma Mohammed Al Shamsi, Head of Corporate Banking Group, Sharjah Islamic Bank, said that it is part of the bank’s efforts to enable companies to obtain an integrated digital banking experience, allowing ...

Dubai / WAM Expo 2020 Dubai is expected to create huge tangible and intangible economic benefits for the emirate and the wider region, with new and expanded infrastructure serving business communities and societies for the long-term, says Shukri Eid, Managing Director, Gulf Region, Cisco. “What’s fascinating is the sheer scale of Expo 2020. We are talking about vast investments in ...

Dubai / WAM The Dubai Sports Council announced the completion of the evaluation of Dubai clubs and football companies for the “Dubai Sports Excellence Model Awards” in collaboration with an internationally renowned specialist to ensure transparency. The council had received more than 100 nomination files for the fifth edition of Dubai Sports Excellence Model Awards, which takes into consideration the ...

Bloomberg Neptune Energy Group Ltd, the private equity-backed explorer, is considering options including a merger with Harbour Energy Plc that could create one of Europe’s largest independent oil and gas companies, people familiar with the matter said. Neptune, part-owned by Carlyle Group Inc and CVC Capital Partners, is working with an adviser as it studies a potential combination with London-listed ...

Bloomberg North Korea could hold a military parade this week as it celebrates a national anniversary, Yonhap News Agency reported, an event that would mark the first major public display of its weaponry since US President Joe Biden took office. Given the status of preparation, leader Kim Jong Un’s regime may stage the event at night and have it coincide ...