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ABU DHABI / GULF TIME The National Aquarium announced that Pristine Seas: Bringing the Ocean Back, an audio visual exhibition curated by the National Geographic, will open at the aquarium in Al Qana, the liveliest waterfront destination in Abu Dhabi, this Eid (April 21). The exhibition draws upon over a decade worth of global expeditions conducted by the National Geographic ...

ABU DHABI / GULF TIME Ethmar International Holding (EIH) has signed a strategic partnership agreement with Ajman Bank, one of the leading Islamic financial institutions in the UAE, as part of the preparations for listing EIH as a joint stock company in the UAE stock market. The partnership agreement, whereby Ajman Bank will act as a strategic partner during the ...

ABU DHABI / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, welcomed the agreement to resume diplomatic relations between the Kingdom of Bahrain and the State of Qatar, stressing that it is an important step towards supporting the efforts to advance joint Gulf action, for a brighter future for the GCC countries ...

DUBAI / WAM The UAE Food Bank, which is a part of the Mohammed bin Rashid Al Maktoum Global Initiatives, collaborated with Meta’s Facebook platform to distribute approximately 720 food baskets, which are equivalent to 55,000 meals, to blue-collar workers in Dubai’s Al Quoz neighbourhood. The food baskets were generously provided by Carrefour, a brand represented by Majid Al Futtaim. ...

ABU DHABI / WAM Adnoc Logistics & Services (Adnoc L&S), the shipping and maritime logistics arm of Adnoc, announced on Thursday the deployment of five new-build Very Large Gas Carriers (VLGC). The gas carriers were built at Jiangnan Shipyard in Shanghai, China, and will be owned and operated by AW Shipping, an Adnoc L&S joint venture with Wanhua Chemical Group ...

ABU DHABI / WAM Emirates Development Bank (EDB), a key financial engine for the economic development and industrial advancement in the United Arab Emirates (UAE), has partnered with the UAE Ministry of Economy’s Entrepreneurial Nation to support the Smart Farming Global Innovation Challenge, in line with the bank’s commitment to the UAE’s sustainable economic development and food security — one ...

DUBAI / WAM Dubai Airports has won two major accolades with its integrated Contact Centre being recognised with a Gold Stevie Award and an International Business Excellence Award (IBXA). Dubai Airports was awarded the “Contact Centre of the Year (Up to 100 Seats) — in the All Other Industries” category at the 17th annual Stevie Awards for Sales & Customer ...

DUBAI / WAM Mashreq has joined the World Green Building Council’s (WorldGBC) Advancing Net Zero Readiness Framework as a collaborator in the Mena region to promote a Net Zero built environment in the region. The initiative aims to create a community of Net Zero collaborators to speed up investment and build confidence in Net Zero. As a collaborator, Mashreq will ...

BLOOMBERG The European Central Bank (ECB) has to continue to raise borrowing costs, according to Governing Council member Klaas Knot, conceding that a slower pace of tightening could be warranted. “We are certainly not done with interest-rate hikes,” the Dutch central bank chief told the NRC newspaper in an interview. “Core inflation in the euro zone is now almost 6%, ...

BLOOMBERG  New Bank of Japan (BOJ) Governor Kazuo Ueda struck a dovish tone once again by highlighting the risk of inflation slowing below the central bank’s target. Comparing the risk of inflation overshooting and falling below 2%, “it’s appropriate to conduct monetary policy by focusing on the latter risk” considering economic conditions, Ueda told reporters in Washington. Coming three days ...