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Month: September 2023

Posted on 05/09/2023

NYU Abu Dhabi, Mubadala to pursue new collaboration opportunities

New York University Abu Dhabi (NYUAD) has signed a Memorandum of Understanding with Mubadala to expand collaboration on mutually beneficial projects. The MoU identifies several areas where NYUAD and …

Posted on 05/09/2023

Dubai ruler investment vehicle weighs sale of 25% stake in fashion retailer Azadea

Dubai Holding, the investment vehicle of Dubai’s ruler Sheikh Mohammed bin Rashid Al Maktoum, is weighing the sale of its minority stake in Azadea Group, which operates Inditex franchises in the …

Posted on 05/09/2023

Uptown Tower welcomes office tenants as DMCC expands capacity to accommodate FDI demand

Dubai, UAE: DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – has welcomed the first wave of commercial office tenants into its …

Posted on 05/09/2023

UAE Ministry of Finance launches ‘The Future of Finance’ campaign

The campaign highlights top young talents and some of the most skilled individuals working in the financial sector today …

Posted on 05/09/2023

UAE invests $5bn in Africa’s clean energy potential, carbon credits

Saharan Africa alone, 600 million people live without access to electricity.Delivering greater access to clean energy will drive social and economic development. COP28 President-designate Sultan …

Posted on 05/09/2023

It’s now easier to open a digital bank account in the UAE if you’re a non-resident Indian

And now, in an effort to improve financial inclusion, non-resident Indians (NRIs) can open a digital bank account in the country. The move has been enabled by a collaboration between Mashreq NEO and …

Posted on 05/09/2023

Bank of Sharjah acts as mandated lead arranger in a $500mln financing for the Govt. of Sharjah

Commenting on this transaction, Mr. Mohamed Khadiri, CEO of Bank of Sharjah said: “The successful closing of this financing underscores Bank of Sharjah’s unwavering commitment to support the strategic …

Posted on 05/09/2023

Sharjah announces 50% cut in municipal fines, valid for 3 months

The Sharjah Executive Council, on Tuesday, issued a decision upon which there will be a 50 per cent cut in fines resulting from municipal violations committed and registered before issuance of the …

Posted on 05/09/2023

Abu Dhabi’s Masdar City envisions buildings of the future to be AI and data-driven

Abu Dhabi’s Masdar City plans to take advantage of the capabilities of artificial intelligence to create more efficient and smarter techniques to support the UAE capital’s smart city agenda, its chief …

Posted on 05/09/2023

Abu Dhabi decorations celebrate return of Sultan Al Neyadi

Abu Dhabi has celebrated the return of Emirati astronaut Sultan Al Neyadi by lighting up its bridges with special decorations. Illuminated shapes of an astronaut holding the UAE flag and featuring the …

Posted on 05/09/2023

Drew Harris meets with Dubai police over Kinahan cartel investigation

Garda Commissioner Drew Harris has travelled to Dubai for talks with policing and law enforcement officials there about the ongoing transnational investigation into the Kinahan cartel, whose …

Posted on 05/09/2023

Dubai Dream Property $50 Million Dollar Mega Mansion With Private Padel Tennis Court Now For Sale

AED 185 MILLION DIRHAM / USD $50 MILLION Mega-mansion now listed exclusively by Conor McKay of Belleview Real Estate. Unique Turnkey Contemporary …

Posted on 05/09/2023

Dubai-Based Naffco To Set Up Manufacturing Plant In Telangana

Naffco, a global leader in fire safety, will set up a state-of-the-art manufacturing plant in Telangana with an investment of …

Posted on 05/09/2023

UAE announces $4.5bn finance initiative for clean energy projects in Africa

The UAE has pledged $4.5 billion to help accelerate the development of clean energy projects in Africa, the Cop28 Presidency has said. Abu Dhabi’s clean-energy company Masdar, the Abu Dhabi Fund for …

Posted on 05/09/2023

UAE announces $4.5 billion in renewable energy projects in Africa

Following the Africa Climate meeting, the COP28 meeting in Dubai later this year is anticipated to contain conflicting agendas for the world’s energy future …

Posted on 05/09/2023

Netskope launches four NewEdge data centres in UAE, Saudi Arabia

Global cybersecurity leader Netskope expanded its NewEdge Network in the Middle East with four data centres across the UAE and Saudi Arabia … Murhaf Alwan, Head of Information Technology at Netskope …

Posted on 05/09/2023

UAE Announces $4.5 Bn In Africa Clean Energy Investments

The United Arab Emirates announced Tuesday $4.5 billion in clean energy investments in Africa during a landmark climate summit hosted by Kenya that is aimed at attracting funding for efforts to combat …

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