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  Sharjah / WAM Sharjah and Belgium scoped out new partnership avenues and opportunities during a meeting which saw the presence of Sheikh Majid Al Qasimi, Director of the Department of Government Relations (DGR) in Sharjah, and Antoine Delcourt, ambassador of the Kingdom of Belgium to the UAE. During the meeting, the director briefed the delegation on DGR’s initiatives that ...

Abu Dhabi / WAM HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Presidential Court and Chairman of the Board of the Emirati Talent Competitiveness Council has launched the first cycle of ‘Nafis Award’ for the year 2022-2023. The award aims to recognise private sector establishments that have excelled in hiring UAE nationals and fostered ...

  Dubai / WAM Tecom group has broken ground on the Innovation Hub Phase 2 in Dubai Internet City, as Dubai’s legislative framework and ease of doing business attract a high volume of international companies and investors. The group is expanding its leasing portfolio to capture the increasing demand in Dubai’s commercial real estate market underpinned by the emirate’s economic ...

DUBAI / GEORGE TOWN / WAM Under the patronage and presence of Dr Mohamed Irfaan Ali, President of the Cooperative Republic of Guyana, the governments of the UAE and Guyana launched the Guyana Coders Initiative (GCI). This forthcoming initiative was conceived as part of government knowledge exchange collaboration between the two countries and marks a first in Latin American. This ...

  Abu Dhabi / WAM The Abu Dhabi Judicial Department (ADJD) has launched an extensive awareness campaign for workers in labour camps in the emirate of Abu Dhabi, aiming to further the dissemination of legal culture among workers and to make them aware of their rights and duties guaranteed by the law in the UAE, particularly with the implementation of ...

  Abu Dhabi / WAM Emirates Development Bank (EDB), one of the key financial engines for the economic development and industrial advancement of the UAE, announced its recognition for Best Micro Finance Bank in the Middle East by the 2022 Global Banking & Finance Awards. The Best Micro Finance Bank Middle East 2022 award falls under the Micro & SME ...

  Abu Dhabi / WAM Edge group entity, Jaheziya, a single-stop service provider for defence solutions and emergency response services, and Abu Dhabi Maritime Academy (Adma), a world-class maritime education and training institute, part of AD Ports group, announced on Monday they have signed a memorandum of understanding (MoU) to expand regional fire safety and maritime training programmes. As per ...

  Bloomberg British retailers are drumming up new credit offers to encourage shoppers to spend more during one of the most challenging Christmas periods for business in years. For the first time in a decade, department store John Lewis Partnership Plc, a favourite of middle-class Britons, has lowered the threshold for interest-free loans to £500 ($608) from £1,000. High Street ...

  Bloomberg L3Harris Technologies Inc has agreed to buy rocket engine maker Aerojet Rocketdyne Holdings Inc in a deal valued at about $4.7 billion. L3Harris will pay $58 per share in the all-cash transaction, which includes debt, the company said in a statement. The transaction price represents a 37% premium to what Aerojet cited in an investor document as its ...

  Bloomberg Woolworths Holdings Ltd. agreed to sell Australia’s oldest department store chain David Jones to Anchorage Capital Partners, ending an expensive misstep for the South African retailer. The deal will remove about 17 billion rand ($965 million) of liabilities related to the David Jones store portfolio, Woolworths said in a statement. Management expects to get more than the carrying ...