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Month: August 2020

Posted on 18/08/2020

Abu Dhabi Investment Office transfers $145.7m Ventures Fund to ADQ

Abu Dhabi Investment Office (ADIO) has transferred its AED535 million ($145.7m) Ventures Fund, a flagship Ghadan 21 initiative, to ADQ. The fund, which invests in start-ups and venture capital (VC) …
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Posted on 18/08/2020

ADQ joins forces with Adio to grow Abu Dhabi’s start-up ecosystem

Abu Dhabi’s state holding company ADQ is partnering with the Abu Dhabi Investment Office (Adio) to develop the emirate’s start-up ecosystem and attract further investments into its digital economy.
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Posted on 18/08/2020

Abu Dhabi returnee workers to be sent back after examination: expats minister

Expatriates’ Welfare and Overseas Employment Minister Imran Ahmad on Monday said Bangladeshi workers who returned from UAE’s Abu Dhabi will be sent back after necessary examinations. The minister came …
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Posted on 18/08/2020

CLYMB Abu Dhabi breaks two Guinness records

CLYMB Abu Dhabi, a new sports and leisure attraction on Yas Island, has been awarded with two Guinness World Records titles for the world’s largest indoor skydiving wind tunnel at 10 m (32 ft) in …
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Posted on 18/08/2020

JinkoSolar to Supply Swan Bifacial Modules for Shanghai Electric’s DEWA Project under Strategic Partnership Agreement

today announced that it has signed a contract with Shanghai Electric to supply approximately 1 GW of solar modules for Phase V of the Dubai Electricity and Water Authority (“DEWA”) Solar Park. The …
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Posted on 18/08/2020

Entire cities could fit inside the moon’s monstrous lava tubes

And the moon hosts even more gargantuan tubes, with heights that dwarf Dubai’s Burj Khalifa, the world’s tallest building, and “skylights” as big as football fields. These yawning, subterranean …
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Posted on 18/08/2020

Don’t subject children to ridicule or public shaming, Sharjah child safety body advises parents

Session seeks to raise awareness against subjecting children to emotional and sexual abuse Sharjah: The Child Safety Department (CSD) of Sharjah recently organised a webinar in collaboration with …
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Posted on 18/08/2020

As Israel, UAE ties come out of closet, businesses are abuzz with excitement

“We are only at the very beginning,” he said. Meanwhile, the announcement of the normalization of ties has injected a buzz of excitement in business circles both in Israel and the UAE. “This has …
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Posted on 18/08/2020

Dubai CSD distributes cash dividends for listed companies on DFM and Nasdaq Dubai

Following the IPO, the Government of Dubai retained the remaining 80 per cent of DFM Company through Borse Dubai Limited. www.dfm.ae Disclaimer: The contents of this press release was provided from an …
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Posted on 18/08/2020

Abu Dhabi-based Imkan’s Morocco waterfront project Phase I set for 2020 delivery

Abu Dhabi-based developer Imkan said work was progressing at a steady pace on its Le Carrousel, a mixed-use project located on the stunning waterfront in Moroccan capital Rabat, with the Phase One due …
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Posted on 18/08/2020

ADIO, ADQ join forces to boost Abu Dhabi’s digital economy, startups

The Abu Dhabi Investment Office (ADIO) and ADQ, one of the region’s largest holding companies, will join forces to spur further investment in Abu Dhabi’s digital economy and strengthen the startup …
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Posted on 18/08/2020

Abu Dhabi officially has the largest skydiving tunnel in the world

CLYMB is home to the world’s largest skydiving tunnel and world’s tallest climbing wall Abu Dhabi: CLYMB Abu Dhabi, the new sports and leisure attraction on Yas Island, has been awarded two …
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Posted on 18/08/2020

Mother saves son’s life with kidney donation at Cleveland Clinic Abu Dhabi

A kidney donation from a loving mother enabled a student to recover from kidney disease and become well enough to attend his graduation ceremony, according to caregivers at Cleveland Clinic Abu Dhabi …
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Posted on 18/08/2020

MIDEAST STOCKS-Property shares weigh on Dubai as major Gulf markets ease

Most major stock markets in the Gulf were subdued in early trade on Tuesday, as the Dubai index was hit by losses in real state shares. Property prices in Dubai, which has a diversified economy that …
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Posted on 18/08/2020

Dubai South Properties launches ten-year rent-to-own scheme

Master-developer, Dubai South Properties, today announced an exciting new rent-to-own scheme for new tenants of The Pulse the heartbeat of its Residential District, with easy and direct access from …
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Posted on 18/08/2020

Dubai International Financial Centre Launches New Innovation License To Boost Creativity and Entrepreneurship

Vice President and Prime Minister of the UAE and Ruler of Dubai. The new License will support innovation, creativity and entrepreneurship in the region. Entrepreneurs will grow and scale their …
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Posted on 18/08/2020

Uber launches ride services in Sharjah

Uber has launched its ride-hailing services in the emirate of Sharjah, it announced on Tuesday. Customers in Sharjah can access UberSelect, Uber’s more affordable service. Apart from serving the …
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