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Gulf Capital Closes Its Second Private Debt Fund Above Its $250 Million Target
Gulf Capital, one of the largest and most active alternative investment firms in the Middle East, today announced the successful final close of its second private debt and mezzanine fund, Gulf Credit Opportunities Fund II, over its target cover of US$250 Million (AED925 million).
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Second Abu Dhabi Competitiveness Report 2016 launched
Due to the dramatic drop in oil prices in 2014, the decline in the emirate’s growth expectations is inevitable, but such decline is expected to be mitigated by the contribution of non-petroleum commodities sectors which will reduce the impact of the decline in oil prices.
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Foreign Investors Acquire AED2.97 Billion Worth Of Shares On ADX
The value of shares bought by foreign investors registered at the Abu Dhabi Securities Exchange in November 2016, amounted to AED2.97 billion, constituting 48.3 per cent of the total trading value.
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Masdar Launches 5th International ’Engage’ Blogging Contest
Abu Dhabi’s renewable energy company, Masdar, has launched its fifth annual international ’Engage’ blogging contest ahead of the Abu Dhabi Sustainability Week, ADSW, 2017, in January.
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Emirates Islamic and Emirates Foundation join forces to support youth development and boost talent pipeline in UAE
Emirates Islamic and Emirates Foundation have joined forces to identify, attract, and develop critical talent to support the growing need for qualified youth in the private sector, particularly the banking industry.
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Gulf and Indian Ocean Hotel Investors Summit Announces Speakers for Second Annual Conference in Abu Dhabi
The Gulf and Indian Ocean Hotel Investors Summit will bring together 70 speakers, including 36 hospitality industry CEOs.
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Contest Launched To Encourage Students Creative Thinking To ’Recycle And Innovate’
The event was targeted for students across the country with the objective of building awareness around a sustainable environmental friendly lifestyle, while encouraging creative thinking towards new recycling means and approaches.
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MoHRE to begin processing applications for recruitment of domestic workers in Dubai from Q1, 2017
Ministry of Human Resources and Emiratisation will begin receiving and processing applications for the recruitment and employment of domestic workers in the Emirate of Dubai in the first quarter of 2017.
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Masdar to present new technologies at Abu Dhabi Sustainability Week 2017
Abu Dhabi’s renewable energy company Masdar will present technical data from an innovative pilot programme that could pave the way for the commercial adoption of seawater desalination powered by clean energy.
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UAE provided AED32.34 billion in foreign aid in 2015
The UAE has provided AED32.34 billion (US$8.8 billion) in foreign aid during 2015, according to the Ministry of Foreign Affairs and International Cooperation.
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