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Etihad Rail Okays Abu Dhabi- Dubai train pact

Media IN ABU DHABI, 26th June, 2019 (WAM) Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council and Chairman of Etihad Rail, chaired an Etihad Rail board meeting on Tuesday and approved the plan to connect Abu Dhabi with Dubai and other emirates. The …

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Hub71 announces Four startup firms to join ADGM

Media IN Abu Dhabi. 26th-06-2019 Hub71 on Tuesday announced that four start-up firms would soon be joining the new technology hub at Abu Dhabi Global Market. The start-ups include UAE-based BitOasis, the largest digital asset exchange platform in the Middle East, Lamsa, an award-winning Arabic language learning app, US-based Surkus, …

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ICD attains record revenues of AED 232.4 billion

Media IN DUBAI, 26th June, 2019 (WAM) Investment Corporation of Dubai, ICD, has announced its consolidated financial results for the year ended 31st December, 2018, achieving record revenues of AED232.4 billion and a net profit of AED21.4 billion. Revenues increased 15.7 percent from the prior year with increases achieved in …

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New media Licenses issued by RAKEZ shoot 177 Percent

Media IN RAS AL KHAIMAH, 26th June, 2019 (WAM) The number of new media licences and freelancer permits issued under the RAKEZ Media Zone has shoot 177 percent to 360 companies and freelancers in May 2019, up from 130 in May 2018. Of the new licences registered, 150 belong to …

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ADGM launches new FinTech, innovation initiatives

Media IN ABU DHABI 26th-06-2019 Abu Dhabi Global Market, ADGM, has announced its upcoming launch of a new initiative, ‘FinTech 50’, and the third edition of the ‘Innovation Challenge’, as part of the FinTech Abu Dhabi Festival 2019. The ADGM Innovation Challenge poses a set of FinTech problem statements that …

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Dubai Customs apprehend 421 drug smugglers in 3 months

Media IN DUBAI, 26th June, 2019 (WAM) A sum of 421 drug smuggling bids were foiled across Dubai’s various land, sea and air ports of entry in the first three months of 2019. The  Director-General of Dubai Customs, said the drugs seized at various land, air and sea ports included …

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