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Masdar’s Green Reit acquires $254mn sustainable property

Abu Dhabi / WAM Masdar Green Reit, the UAE’s first Real Estate Investment Trust to invest solely in sustainable real estate assets, has concluded the acquisition of property worth AED934 million ($254.28 million), taking its portfolio value to AED1.91 billion, with further assets identified for potential future investments. The announcement, made by the fund’s manager Masdar Capital Management Limited (MCML) ...

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Sharjah gears up to celebrate National Day from Nov 24-Dec 3

  Sharjah / WAM Khalid Jasim Al Midfa, Chairman of the Sharjah National Day Celebrations Committee, said that the emirate is preparing to celebrate the annual National Day, which will include UAE citizens, residents and visitors. On the occasion, he congratulated President His Highness Sheikh Mohamed bin Zayed Al Nahyan, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President ...

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TSMC founder: Congratulating Xi on party congress was ‘personal’

Bloomberg Taiwan Semiconductor Manufacturing Co. founder Morris Chang said the congratulations he offered Chinese President Xi Jinping about the congress that his ruling Communist Party recently held were his own “personal” view. “Taiwan’s Presidential Office told me beforehand that if there was an opportunity, there was no need to avoid meeting or greeting him,” Chang said Monday at a press ...

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US, China defense chiefs likely to meet in sign of thawing ties

Bloomberg The US and Chinese defense chiefs are likely to meet for their first talks since Beijing suspended dialog with Washington over House Speaker Nancy Pelosi’s August visit to Taiwan —the latest sign that ties between the two nations are stabilizing. US Defense Secretary Lloyd Austin would welcome a meeting with Chinese Defense Minister Wei Fenghe during a gathering of ...

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Abu Dhabi’s Added launches ‘smart manufacturing’ index

  ABU DHABI / WAM The Abu Dhabi Department of Economic Development (Added) has announced the launch of the ‘Abu Dhabi Smart Manufacturing Index’, that guides and facilitates private sector players’ transition to Industry 4.0 technologies, applications, and methods as part of its rolling out of the initiatives and objectives set forth by the Abu Dhabi Industrial Strategy. Re-affirming the ...

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Dubai’s free digital courses to promote skills of the future

  Dubai / WAM Dubai Future Academy, the capacity building arm of the Dubai Future Foundation (DFF), announced on Sunday the launch of three new digital courses to help promote future thinking techniques through a world-class educational experience. This falls in line with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of ...

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‘Al Sanaa’ pavilion run by Emirati families opens at Global Village

  Dubai / WAM Hessa bint Essa Buhumaid, Minister of Community Development, inaugurated “Al Sanaa” pavilion for Emirati productive families at Global Village in Dubai, with the participation of 67 such families from October 25 to April 29, 2023, coinciding with the 27th season of Global Village. The opening was attended by Ahmed Aboul Gheit, Secretary-General of the Arab League, ...

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Dubai Culture highlights aesthetics of Arabic calligraphy

  Dubai / WAM Dubai Culture and Arts Authority is opening the eyes of the local community, to present to them the origins of an ancient Middle Eastern artform through its ‘Arabic Calligraphy Art’ project. This represents a creative platform through which the authority interacts with Arabic calligraphy enthusiasts, giving the opportunity to learn it and develop their skills. The ...

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EGA, Japan’s Itochu to explore joint industrial projects in UAE

  Dubai / WAM Emirates Global Aluminium (EGA) and Itochu Corporation of Japan on Friday signed an agreement to explore joint projects in the UAE, which would advance the goals of the nation’s Operation 300bn industrial growth strategy. EGA’s relationship with Itochu stretches back to the 1980s, with the Japanese company marketing EGA’s metal to customers in Japan and Japanese ...

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