ABU DHABI / WAM Emirates Development Bank (EDB), a key financial engine for the economic development and industrial advancement of the UAE, and Hub71, Abu Dhabi’s global tech ecosystem, have co-hosted the ‘Hub71 FinTech Pitch Day’ at the EDB Business Lab Abu Dhabi to support and explore growth opportunities for Hub71’s leading fintech startups. Nine Hub71 fintech startups presented advanced ...
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DUBAI / WAM Tecom group has approved the group’s financial statements for the year ended December 31, 2022. The Board of Directors approved to distribute a cash dividend of AED200 million in April 2023, bringing the total amount of dividend distributions for the second half of 2022 to AED400 million. The announcement came during the annual general assembly meeting at ...
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DUBAI / WAM The first COP28 Presidency-hosted and youth-led event “Road to COP28†kicked off on Wednesday at Expo City Dubai, under the patronage of His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation and Chairman of the Higher Committee overseeing preparations for COP28. The event represents a significant moment for the country’s youth ...
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DUBAI / WAM Deyaar Development has launched its seafront project Mar Casa with a total value of AED1.1 billion. A residential destination at Dubai Maritime City where heritage meets modernity, Mar Casa is connected to the old city, the financial centre of Dubai and the Jumeirah area. Mar Casa presents an iconic architecture that seamlessly blends the beauty of the ...
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ABU DHABI / WAM Dubai Electricity and Water Authority (Dewa) has been recognised as the second most valuable Middle Eastern utilities brand and its brand value has risen by 30%, according to Brand Finance, the world’s leading brand valuation consultancy. Saeed Mohammed Al Tayer, MD and CEO of Dewa, has been ranked 3rd among the top CEOs in the Middle ...
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DUBAI / GULF TIME The opening ceremony of the Orthognathic Surgery Center, specialised in dentistry and jaw surgery, was held at the Hyatt Regency Creek Heights Hotel in Dubai Healthcare City on Monday. The center’s founders Dr Ahmad Al-Zahaili, Dr Jean Francois Tulasne and a large group of senior guests, doctors, media professionals and the center’s employees attended the event. ...
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NEW DELHI / WAM Abdullah bin Touq Al Marri, Minister of Economy, participated in the CII Partnership Summit 2023, which is being held in New Delhi, India, from March 13-15 under the theme “Partnerships for Responsible, Accelerated, Innovative, Sustainable and Equitable Businessesâ€. The summit aims to facilitate the exchange of visions and ideas that can support sustainable development efforts and ...
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ABU DHABI / WAM The United Arab Emirates, represented by the Ministry of Finance (MoF) as the issuer, in collaboration with the central bank of the UAE (CBUAE) as the issuing and paying agent, has announced the results of the second auction in 2023 of the Treasury Bonds programme (T-Bonds), which is part of the T-Bond issuance programme for 2023 ...
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ABU DHABI / WAM Aldar Properties has announced the launch of Reeman Living, a new residential development that brings design-led urban living to Aldar’s Alreeman project in the Al Shamkha neighbourhood of Abu Dhabi. The project provides a selection of vibrant and inclusive communities within prime areas of Abu Dhabi. The development also offers bespoke design elements and colour palettes, ...
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DUBAI / WAM Joel Van Dusen, Group Head of Corporate & Investment Banking at Mashreq, said that since January 2021, Mashreq has facilitated AED56.9 billion ($15.5 billion) of sustainable finance and adaptation-related investments. In a statement to Emirates News Agency (WAM), Dusen said that ESG is related to cash flow in five important ways. It minimises regulatory and legal intervention, ...
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