The UAE and the UK are expected to agree on an ambitious ‘Partnership for the Future’ today, building on the historic relationship between the two countries and setting a broad foundation for future …
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UAE to announce investment expansion across Britain
Mubadala Investment Company are expected to sign an expansion of the Sovereign Investment Partnership SIP on Thursday, British PM Boris Johnson’s press office said in a statement. The deal will …
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UAE: 46 ministries, influencers shortlisted for government communication award
Forty-six UAE ministries, media houses and influencers are vying for the Sharjah Government Communication Award’s (SGCA) 14 categories. Winners will be announced at the closing ceremony of the 10th …
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StanChart to add bankers in sustainable finance, capital markets in Saudi Arabia
Standard Chartered is looking to add bankers to focus on sustainable finance, project finance and capital markets in Saudi Arabia, a market it sees will become a “front-runner” for its regional …
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ACWA Power seeks to raise up to $1.2bn in initial public offering
Saudi Arabian energy company ACWA Power is set to raise up to SAR4.5bn ($1.1bn) through a planned offering of 81.2 million shares. The company will sell the shares for between SAR51 ($13.6) to SAR56 …
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UAE’s ADFD to finance $7.83mln modernisation of local Mauritania fishing port
Tanit Fishing Port is a traditional fishery that serves fishing-reliant households to earn their annual family income …
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United Arab Emirates Gift Card and Incentive Card Market Intelligence Report 2021, Q2 Update
The “United Arab Emirates Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) – Market Size and Forecast (2016-2025) – Q2 2021 Update” report has been added to …
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UAE and Israel non-oil trade hits $700m in one year since normalisation of ties
The non-oil trade between the UAE and Israel has reached $700 million in one year after the two countries normalised relations following the signing of the Abraham Accords in 2020, according to the …
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Mobile Premier League turns unicorn after Series E funding round led by Dubai’s Legatum
Mobile Premier League (MPL) said on Wednesday that it has raised Series E funding at a pre-money valuation of $2.3 billion (Rs …
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ADNOC Drilling IPO values company at $10 billion
The Abu Dhabi National Oil Company (ADNOC) today announces that it has set the offer price per share for the initial public offering of ADNOC Drilling. ADNOC Drilling IPO values company at $10 billion …
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UAE tags six Nigerians, others as Boko Haram, terrorism financiers
Authorities in the United Arab Emirates (UAE) have named six Nigerians with ties to Boko Haram as terrorist financiers.
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UAE’s Mashreq Bank signs MoU with DAFZA to boost SME growth
DAFZA companies will also be given priority access to digital banking services through Mashreq’s NEOBiz platform, where they will be able to open instant accounts.
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Six Nigerians, 32 others financing terrorism – UAE govt
Nigerians on the UAE’s terrorism list include Abdurrahaman Ado Musa, Salihu Yusuf Adamu, Bashir Ali Yusuf, Muhammed Ibrahim Isa, Ibrahim Ali Alhassan and Surajo Abubakar Muhammad.The six persons were …
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Six Nigerians, 32 others financing terrorism, says UAE
The UAE Cabinet on Monday issued Resolution No 83 of 2021, designating a total of 38 individuals and 15 entities on its approved list of persons and organisations supporting Boko Haram and other …
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9mobile distances director from UAE terrorism financiers’ list
The authorities of 9mobile say that one Abdurrahaman Ado Musa on the UAE list of terrorism financiers is not a director of the mobile telecommunications company. The company, in a statement in Lagos, …
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Full list: UAE names six Nigerians, 47 others as ‘terrorism sponsors’
The UAE Cabinet has issued Resolution No 83 of 2021, designating 38 individuals and 15 entities on its approved list of persons and organisations supporting terrorism (Local Terrorist List). “The …
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UAE’s employees could be in for 4% salary hike in 2022 as pandemic effects wear off
Dubai: UAE employers plan to give staff an average annual pay rise of 4 per cent in 2022 as signs emerge of a recovery in the labor market following the turmoil from the pandemic over the last 19 …
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