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Executive Committee Issues Resolution Forming Abu Dhabi Workers Committee
The Executive Committee of the Abu Dhabi Executive Council has issued a resolution forming the Abu Dhabi Workers Committee, chaired by the Chairman of the Department of Economic Development.
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ADX Grants Al Ramz Short Term Margin Trading License And Opens New Investment Opportunities
Abu Dhabi Securities Exchange (ADX), granted Al Ramz PJSC, a leading financial institution in the UAE, short-term margin license thus becoming one of the first financial institutions in the UAE to offer this offering to its customers.
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FSRA Launches Regulatory Technology ’RegTech’ Initiatives
The Financial Services Regulatory Authority, FSRA, of Abu Dhabi Global Market, ADGM, has launched three regulatory technology, RegTech, pilot initiatives.
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Abu Dhabi National Takaful Offers 40% Discount To Its Customers
In its commitment to pay back to the UAE community, Abu Dhabi National Takaful company announced 40% discount on Car Insurance renewal premiums for the months of April and May effective 01 May 2020 until the end of 2020.
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UAE Banks’ Required Reserves Up To AED132.6 bn In March
According to a CBUAE report, the required reserves have been steadily growing over the recent months. In December 2019, they increased to AED129.7 bn from AED126.2 bn in September same year.
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US Data Residency Platform, InCountry, Selects Hub71 For Middle East Headquarters
Abu Dhabi’s Hub71, the tech ecosystem powered by Mubadala, has been selected by the top US data residency hosting platform, InCountry, to be the home of its Middle East headquarters.
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Abu Dhabi Food, Beverage Trade Totals AED1.2 Billion In January 2020
The trade in food and beverage in Abu Dhabi in January 2020 amounted to a total value of AED1.2 billion, according to a report by the Statistics Centre-Abu Dhabi on non-oil merchandise trade.
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Maqta Gateway Announces New Commercial Offering For Warehouse Storage
Maqta Gateway, the digital arm of Abu Dhabi Ports has announced the expansion of its digital logistics solution, Margo, with the addition of a new commercial offering for warehouse storage.
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Renewable Energy Can Support Resilient And Equitable Recovery
Advancing the renewables-based energy transformation is an opportunity to meet international climate goals while boosting economic growth.
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IDB Offers Registering Mortgage Services For Abu Dhabi Industrial Facilities
The Industrial Development Bureau ,IDB, of the Abu Dhabi Department of Economic Development, ADDED, has revealed the provision of a new service covering the registration of industrial project mortgage contracts for licensed industrial facilities in the industrial registry.
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