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Abdullah Bin Zayed Heads Steering Committee On UAE’s Participation In G20 Summit
H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has headed the first G20 Steering Committee Meeting to discuss and review the UAE’s priorities as a guest invitee for this year’s G20 Summit.
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Many UAE Women Underestimate Risk Of Heart Disease, Says New Survey
Many women in the UAE underestimate the significant risks posed by heart disease, believing breast cancer to be the bigger threat, according to a new survey commissioned by Cleveland Clinic Abu Dhabi.
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Abu Dhabi Plans AED10 bn In Public-Private Partnership Tenders
The Abu Dhabi Government announced today its intention to procure approximately AED10 billion of infrastructure projects this year under its public-private partnership, PPP, model in a range of sectors across the emirate.
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Fuel Load Of Barakah Nuclear Energy Plant’s Unit 1 Commences
The move follows the company receiving the operating licence for Unit 1 from the Federal Authority for Nuclear Regulation, FANR.
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Arif Shaikh To Retire As Group Chief Risk Officer After Two Decades With FAB And FGB
Arif Shaikh is to retire as Group Chief Risk Officer (GCRO) of First Abu Dhabi Bank (FAB) later in 2020, after nearly two decades with the bank and legacy First Gulf Bank (FGB).
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Abu Dhabi Police buildings receive AED808 million overhaul
The company announced in a statement that the AED808 million projects include the construction of three civil defence centres
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Abu Dhabi Exports Office, Abu Dhabi Chamber To Help UAE Companies Increase Exports Globally
The newly established Abu Dhabi Exports Office, ADEX, and the Abu Dhabi Chamber of Commerce and Industry, Abu Dhabi Chamber, signed a Memorandum of Understanding, MoU, to cooperate on a series of initiatives.
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US$1.65 billion in construction contracts for Dalma Gas offshore facilities
The Abu Dhabi National Oil Company, ADNOC, announced today it has awarded two contracts for the construction of offshore facilities for the Dalma Gas Development Project located about 190 kilometres northwest of Abu Dhabi city.
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Barakah Nuclear Power Plant’s Unit 1 To Begin Operations
In a press conference in Abu Dhabi today, FANR said it also authorised Nawah to commission and operate Unit 1 of the nuclear power plant located in Al Dhafra, Abu Dhabi, under a 60-year licence.
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18 Banks, Financial Companies Record Profits Of AED46.47 Billion In 2019
A total of 18 out of 19 national banks and financial companies registered in Emirati financial markets declared their financial figures for 2019, which highlighted an increase in their total net profits to AED46.47 billion.
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Abu Dhabi Consumer Price Index Decreased 1.8% In January 2020
The Statistics Centre - Abu Dhabi, SCAD, reported on Sunday that the Consumer Price Index, CPI, decreased by 1.8 percent in January 2020, compared with the same month in 2019.
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FAB Raises Over AED 3 Billion Within 3 Days, Via The Region’s First And Largest Financial Institution Sterling Bond And Its First Kangaroo Issuance Since 2014
FAB issued its inaugural three-year GBP 450 million (AED2.15 billion equivalent) fixed rate bond, under its USD 15 billion Euro Medium Term Note (EMTN) Programme.
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Abu Dhabi Power Corporation Announces The Establishment Of The Largest Independent Thermal Power Plant In The UAE
Abu Dhabi Power Corporation (ADPower) and Japan-based Marubeni Corporation announced, today, the formation of a consortium to develop the Fujairah F3 independent power producer (IPP) project, which will be the largest independent thermal power plant in the UAE.
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AED162 Million In Water Infrastructure Projects Approved
The new projects include the construction of a dam in Wadi Naqab, Ras Al Khaimah, valued at AED26.9 million and measuring 22 metres high and 257 metres wide, with a capacity of some one million cubic meters.
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Hamdan Bin Zayed Participates In Mangrove Seedlings Planting On Al Aryam Island
Upon the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, and the support of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces.
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Louvre Abu Dhabi And Theatre du Chatelet Present The World Premiere Of Singing Trees By Acclaimed Digital Artists Umbrellium
Launching in Abu Dhabi on 25 February 2020, Singing Trees illuminates the pressing need for environmental awareness in the age of climate change.
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Aldar Net Profit Rises 7% To AED 1.98 Billion, Development Sales Increase 53% To Record AED 4.0 Billion
The Company’s Board of Directors recommended a cash dividend of AED 0.145 per share, representing a 4% growth on 2018’s dividend of AED 0.14 per share.
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Abu Dhabi Ports Inks Long-Term Agreement With MSC Cruises
Abu Dhabi Ports announced a long-term agreement with MSC Cruises, giving the world’s largest privately-owned cruise line berthing rights at the Abu Dhabi Cruise Terminal and Sir Bani Yas Cruise Beach.
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Aldar Net Profit Rises To AED1.98 Billion In 2019
Aldar Properties today announced that it reported a 7 percent year on year increase in 2019 net profit to AED1.984 billion, driven by growth across both its development and asset management businesses.
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Sheikh Khalifa Medical City Recognised By American College Of Surgeons For Its Quality Surgical Care
The American College of Surgeons National Surgical Quality Improvement Programme, ACS NSQIP, has recognised Sheikh Khalifa Medical City, SKMC.
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ADNIC Reports Net Profit Of AED284.3 Million In 2019
The Abu Dhabi National Insurance Company, ADNIC, today reported its full year financial results for the year ended 31st December 2019, announcing a net profit up 20.7 percent year-on-year to AED284.3 million.
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ADFD, US International Development Finance Corporation To Exchange Knowledge, Expertise
Abu Dhabi Fund for Development, ADFD, today signed a Memorandum of Understanding with the United States International Development Finance Corporation, DFC, an independent agency of the US Government.
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UAE Stocks Close In Green Monday
Against this backdrop, the Dubai Financial Market’s General Index closed high at 2765 points, a growth of 0.47 percent over the last session, with Abu Dhabi Securities’ Exchange following suit and closing up 0.06 percent at 5093.
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Group 42 Offers AI, Supercomputing Capacity To Tackle Coronavirus Outbreak
Group 42, the UAE based AI and Cloud Computing company, has announced that it is offering high-throughput computational and AI services free-of-charge to scientific researchers working on any aspect of the 2019-nCoV outbreak.
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DCD Signs Global Compact ’Cities4All’ To Make Cities More Accessible For ’People Of Determination’
DCD signed the compact with the Mayor’s offices of Barcelona and Helsinki, the International Union of Architects, Special Olympics Saudi Arabia, along with local civil society organisations such as Accessible AD and Services for Educational Development, Research and Awareness for Inclusion, SEDRA.
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