we enhance the country’s competitive position,” he added in comments published by state news agency WAM. Under the new law, the Mubadala Investment Company board of directors will now become the board of directors for the Abu Dhabi Investment Council.
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UAE President orders restructuring of Abu Dhabi Investment Council
Abu Dhabi: President His Highness Shaikh Khalifa Bin Zayed Al Nahyan has issued, in his capacity as the Ruler of Abu Dhabi, a law restructuring Abu Dhabi Investment Council, ADIC, whereby it will become part of the Mubadala Investment Company group.
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Abu Dhabi to Combine Funds to Form SWF Worth $200 Billion
Abu Dhabi Investment Council will become part of Mubadala Investment Co., according to state-run WAM news agency. The council’s incorporation into Mubadala is in line with Abu Dhabi’s efforts to accelerate economic diversification in the United Arab …
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Special Olympics IX MENA Games Athletes Experience The Culture Of Abu Dhabi
Athletes who have been participating in Special Olympics IX MENA Games Abu Dhabi 2018 over the last three days were treated to a Culture Day as part of their visit to the UAE’s capital for the Games. The Local Organizing Committee of the IX MENA Games took …
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UPDATE 1-ADIC to join Mubadala group as wealthy Abu Dhabi consolidates funds
It was not immediately clear whether the ADIC news presaged more mergers or tie-ups for Abu Dhabi funds. The emirate’s biggest sovereign fund, Abu Dhabi Investment Authority, has an estimated $828 billion of assets and is the third biggest in the world.
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First Abu Dhabi Bank : secures Saudi Arabian commercial banking license
First Abu Dhabi Bank (FAB), the UAEs biggest bank by assets, got a licence from the Saudi Arabia Monetary Authority to establish a commercial banking business as foreign banks converge on the kingdom to make deals amid reforms. We are very proud to …
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Noble Group sued by Abu Dhabi-based shareholder
Goldilocks Investment, based in Abu Dhabi, filed a lawsuit Tuesday in the Singapore High … a credit analyst in Singapore at iFast Corp. “It’s not good news for Noble for sure. It remains to be seen how much strength Goldilocks can muster in terms …
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Russian model ‘arrested after breaking spine jumping from sixth-floor Dubai hotel room to flee sex beast trying to rape her’
Gocha Buachidze, the Russian Counsel in Dubai, said: “We are thoroughly studying the situation … Do you have a story for The Sun Online news team? Email us at tips@the-sun.co.uk or call 0207 782 4368 . We pay for videos too. Click here to upload …
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Four UAE universities among top 31 institutions in Arab region
Four universities in the UAE have been named among the top 31 institutions of higher learning in the Arab region, according to the Times Higher Education’s Arab World University Rankings 2018. Khalifa University of Science and Technology placed second …
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Mind-controlled drones go on display at Dubai forum
“Here in Dubai, if there is a sandstorm … it issues a warning and then turns off the engine The future offers much more than levitating drones. The technology that allows devices to be operated just by thought has the power to transform the lives …
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UAE- Technology is bound to change the way people buy and sell property
(MENAFN – Khaleej Times) ‘Come on Omar, do you really believe people could eventually buy property online?’ If I had a dollar every time I heard that, I’d instantly close our series A round (and we’re shooting for $10 million). The short answer is ‘yes …
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Art Dubai returns with themes of diversity, technology
Starting Wednesday, Dubai residents and visitors will get a special treat when visiting Madinat Jumeirah, seeing it transform into colorful galleries of contemporary art. The 12th edition of Art Dubai opened its doors to the public on Wednesday, featuring …
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Dubai’s Future Blockchain Summit to unlock multibillion dollar opportunities
Further, the event will offer complimentary workshops, such as Blockchain 101, designed to demystify blockchain technology. Dr. Aisha Bint Butti Bin Bishr, director general, Smart Dubai Office said: “Blockchain has immense untapped potential for many …
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Which sector’s ‘in top position in 2018’, with Dubai ‘a bright spot’?
READ: Top CEO conference and Awards 2018 – what to expect The emirate is also in the lead when it comes to the adoption of technology. “Dubai is leading the world in a number of technologies that are likely to disrupt the real estate market …
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Dubai Executive Council marks 15th anniversary
Dubai: His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, praised efforts made by the Dubai Executive Council over the course of 15 years. He underlined the council’s role in boosting the …
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UAE a friend of women, children and young adults: Shaikha Fatima
Abu Dhabi: On the occasion of Mother’s Day, which is marked in the UAE on March 21, Her Highness Shaikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of …
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Art Dubai 2018: Big diary date for art curators, collectors and enthusiasts
DUBAI: Art lovers, curators, collectors and enthusiasts are rejoicing as the biggest and most globally diverse art fair is set to open from March 21 to 24 at Madinat Jumeirah. Under the patronage of Sheikh Mohammed bin Rashid Al-Maktoum, Art Dubai’s …
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