BLOOMBERG Norway’s $1.6 trillion wealth fund added to its bets in the biggest technology companies last year after interest in artificial intelligence drove a surge in the sector. The fund, the world’s single-biggest owner of publicly listed stocks, raised its holdings in Apple Inc, Microsoft Corp, Alphabet Inc, Amazon.com Inc, according to a list of holdings Norges Bank Investment Management ...
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DUBAI / WAM The UAE, represented by the Ministry of Human Resources and Emiratisation (MoHRE), participated in the 14th Global Forum on Migration and Development (GFMD) Summit in Geneva, Switzerland, held under the theme ‘The Impact of Climate Change on Human Mobility,’ alongside France — the current chair of the Forum — and Colombia — the upcoming chair. The three-day ...
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DUBAI / WAM M42 — a first-of-its-kind health powerhouse committed to reshaping the sustainable future of health with technology as a key enabler — and Broad Institute of MIT and Harvard will work with Microsoft and the International Center for Genetic Disease. The group will leverage the Terra platform to explore scenarios for precision health discovery and delivery, collaborating with ...
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HONG KONG / WAM Sheikh Saoud Ali Almualla, UAE Consul-General in Hong Kong, has underscored the exceptional and flourishing ties between the UAE and Hong Kong, spanning economic, trade, and cultural realms. In a statement to the Emirates News Agency (WAM), Almualla emphasised the substantial development in the UAE and Hong Kong relations in recent years. Trade volume reached a ...
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ABU DHABI / WAM Adnoc Gas plc on Tuesday announced a 10-year agreement to supply 0.5 million metric tons per annum (mmtpa) of Liquified Natural Gas (LNG) to GAIL India Limited, India’s leading natural gas company. This agreement underscores Adnoc Gas’ growing global presence, particularly in the Asian LNG market and further reinforces the relationship between the UAE and India. ...
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DUBAI / WAM Schneider Electric, an energy management and automation company, has signed an agreement with ChargeGo by e to drive the development of electric vehicle (EV) charging infrastructure in the UAE. The collaboration aims to deliver on an increasing demand for sustainable transportation in the UAE and will cover the deployment of EV charging solutions. Schneider Electric and e&’s ...
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ABU DHABI / WAM Etihad Airways, the national airline of the United Arab Emirates, is meeting customer demand by adding more flights to key destinations across the Middle East and the Indian subcontinent. The latest increase means the airline now offers almost 27 percent per cent more weekly departures than last summer. The airline is increasing flights to Jeddah and ...
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ABU DHABI / ad media office Abu Dhabi’s Business Activity Report for 2023, issued by the Abu Dhabi Department of Economic Development (Added), has reported annual growth of major indicators. The Business Activity Report for 2023 emphasises the business ecosystem’s attractiveness and its ability to attract quality investments, as well as businesses’ commitment to comply with local and international legislation, ...
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ABU DHABI / WAM The Board of Management of the Federal Authority for Nuclear Regulation (FANR) has held its first meeting for the year 2024, where it reviewed the latest progress of the Barakah Nuclear Power Plant, FANR’s Financial Statement for 2023 as well as an update on its Research and Development Programme. The Board of Management was briefed on ...
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DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai on Tuesday toured the 49th edition of Arab Health, the largest healthcare exhibition in the Middle East and North Africa (Mena) region. During the tour, His Highness said that a comprehensive medical system and collaboration between local and ...
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