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  Dubai / WAM The Jebel Ali Free Zone (Jafza) recently organised a forum for the machinery and equipment sector, entitled, ‘Energy Engineering Technologies’, which was attended by companies operating in the niche field of energy engineering. The machinery and equipment sector, which occupies over 3.1 million square metres in Jafza, has over 29,000 employees, almost 21 percent of the total workforce ...

  Dubai / WAM The Masdar Institute of Science and Technology on Tuesday announced that it has signed an agreement to be the Official Sustainable Energy Partner of “Innovation Live!”, an initiative aligned with the UAE National Innovation Strategy and Vision 2021. Facilitated by MEED, “Innovation Live!” responds to the vision of Vice President and Prime Minister and Ruler of Dubai, ...

  Dubai / WAM His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, UAE Minister of Finance, and Chairman of Dubai Municipality, approved the awarding of a AED1 billion contract for the construction of the Mohammed bin Rashid Library, the biggest cultural project in the Arab world. Construction work will commence in September 2016 and be completed by ...

  Dubai / WAM Abu Dhabi Fund for Development (ADFD) and the International Centre for Biosaline Agriculture (ICBA) signed a Memorandum of Understanding to complete the construction of the Emirates Soil Museum in the Emirate of Dubai. The museum, a unique hub for soil education, will be the first of its kind in the Gulf Cooperation Countries and the Middle East ...

  Dubai / WAM The Ministry of Human Resources and Emiratisation (MoHRE) recently organised its sixth forum on human resources to enhance internal communication and promote staff connectivity. Speaking on the occasion, Mohammed Saqr Al Nuaimi, Acting Assistant Under-Secretary for Institutional and Support Services, emphasised the importance of organising forums according to directives from Saqr Ghobash, Minister of Human Resources and ...

  Abu Dhabi / WAM The Ministry of Economy recently organised a workshop to discuss the terms of the Trade Facilitation Convention of the World Trade Organisation (WTO) and its implementation in relation to international trade. Organised at the Ministry’s office in Abu Dhabi, the workshop was attended by representatives from the Abu Dhabi Global Market, Dubai Silicon Oasis Authority, Dubai ...

  Dubai / WAM The Emirates Group in collaboration with the General Electric company, Etisalat and Dubai Silicon Oasis Authority (DSOA) on Tuesday announced the launch of a joint initiative targeting young entrepreneurs and students in the UAE. The joint initiative, called ‘Intelak’ (taking off), will bring together selected entrepreneurs and students from across the UAE to participate in a travel, ...

  Bloomberg The minister in charge of trade in Finland says there’s a real risk global advances are reversed amid a geopolitical shift that threatens to kill jobs and undermine prosperity. For a small country like Finland — a euro member that shares the European Union’s longest border with Russia — the picture is “very dark,” Kai Mykkanen, foreign trade ...

  AFP German healthcare giant Fresenius said it will buy Spain’s largest private hospital group Quironsalud for 5.76 billion euros ($6.4 billion), adding more than 40 hospitals to its portfolio and expanding its European reach. Shares in Fresenius jumped nearly four percent on the news in early trading on the Frankfurt stock exchange on Tuesday. The deal marks the group’s ...

  AFP The German pharmaceutical and chemicals group Bayer said it would sweeten its offer for US rival Monsanto. In a statement, Bayer said it would raise its offer for the US seed giant to $127.50 per share from $125. That would bring the deal’s total value to almost $66 billion including debt. Monsanto confirmed Bayer’s improved bid for a ...