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Banking & Finance
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Program removes geographical barriers to financial education and promotes greater access to financial services
ECI and Free Zones Authority of Ajman will strengthen and enhance their partnership in several insurance and risk management areas
The approved state general expenditures amount to SAR1.285 trillion ($342.07 billion)
The move raises its total funding commitment to $8 billion
In a truly hybrid future, we might see a financial system that uses DeFi's technology to underpin TradFi’s infrastructure
The Baku Finance Goal is the centerpiece of a package of agreements that deliver progress across all climate pillars
Energy
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Brent oil futures set to expire in January dropped by 0.3 percent to $72.80 per barrel
Brent oil futures for January delivery rose 0.4 percent to $74.54 a barrel
Brent oil futures for January delivery increased by 0.4 percent, reaching $73.07 a barrel
ADNOC is investing approximately AED175 billion in the Ruwais LNG, Hail and Ghasha, Borouge 4 and TA’ZIZ mega-projects
Mubadala’s investments in Brazil have greatly contributed to the country’s socioeconomic development over the past 12 years
Brent oil futures for January delivery held steady at $73.31 a barrel
Health
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Both parties discussed strategies to improve lives by combating preventable diseases like polio and neglected tropical diseases
The event, now in its seventh edition, saw a 72 percent increase in international attendance from over 138 countries
CEPA facilitates UAE service providers' access to various sectors in Vietnam, including business, finance, and tourism
Patients can visit SEHA-affiliated facilities in Al Dhafra for remote consultations and medical exams with PureHealth doctors
The country secured the top position globally in four key indicators from the Institute for Management Development World Competitiveness Yearbook 2024
Gitex has also reaffirmed its status as a catalyst for collaboration and forward-facing projects
Industry
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Emirati industrial enterprises will be eligible to benefit from Bahrain's Takamul Program by receiving a 10 percent preference
Dubai Industrial City is expanding, adding 13.9 million sq. ft. of industrial land this year
Both parties discussed strategies to improve lives by combating preventable diseases like polio and neglected tropical diseases
Airbus initiated its partnership with the UAE more than a decade ago, starting in 2010
Awards for a wide range of products enabled by the company's In-Country Value (ICV) program
TA'ZIZ is set to commence production in 2027, targeting an output of 4.7 million tons per annum of chemicals by 2028
Logistics
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Plaza Premium Group becomes the first company in MENA to offer luxury caviar and other delicacies across its lounges
Over the next ten years, the Jeddah Food Cluster is expected to contribute SAR8 billion to national exports and add SAR7 billion to the nation's GDP
Intra-non-oil trade between the two countries totaled over $1.850 billion in 2022, up from $830.3 million in 2021
This initiative aligns with RTA’s strategy to enhance Dubai’s road network and update street lighting systems citywide
The Kingdom ranked 20th globally in the Quality Infrastructure for Sustainable Development Index (QI4SD) 2024
The airline took delivery of its first A350 yesterday
Markets
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Inclusion comes more than a week after the company announced robust financial results
Outflows sharply contrast with last week's $3.3 billion in Bitcoin ETF inflows, where IBIT captured over 60 percent
Brent oil futures set to expire in January dropped by 0.3 percent to $72.80 per barrel
With Trump back in focus, the precious metals market may see some uncertainty ahead
China's crude imports rebounded in November as lower prices drew stockpiling demand
Despite the sharp decline in the U.S. dollar, gold prices fell on prospects of easing tensions in the Middle East
Miscellaneous
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Meeting focuses on strengthening defence cooperation among the armed forces of GCC states
Over the next ten years, the Jeddah Food Cluster is expected to contribute SAR8 billion to national exports and add SAR7 billion to the nation's GDP
The initiative supports Dubai's vision to empower Emirati talent and strengthen the digital economy.
This represents an increase of AED54.4 million compared to November 2023, during which pension payments totaled AED749.05 million
This initiative aligns with RTA’s strategy to enhance Dubai’s road network and update street lighting systems citywide
‘Earth Dreams’: Sheikh Hamdan reveals first-of-its-kind immersive exhibition at Museum of the Future
The exhibition utilizes millions of photographs of the natural world, alongside satellite imagery and meteorological data
Real Estate
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The company features amongst top 4 percent of global entities striving for excellence in ESG performance
Sheikh Hamdan bin Mohammed reviews operations of Dubai Land Department and developments in the real estate sector
Corporation reports 28 percent increase in revenues from January to October 2024
The Dubai real estate market saw a surge in new handovers in Q3 of 2024, propelling the UAE's property growth
Majority of branded residences entering the Ras Al Khaimah market are affiliated with hotel brands, which is the most prevalent model
This influx has driven rental prices up by 19 percent year-on-year
Telecom
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Total revenues grew 3.92 percent compared to the same period last year
Accenture will also support du with the adoption of new technologies and products
EBITDA rose by 4 percent to $2.11 billion, resulting in an EBITDA margin of 44 percent
The Group further reinforces its commitment to sustainability, connectivity, and technological advancement at FII8
Q3 net profit stood at AED3 billion, and was reported at AED8.5 billion for the first nine months of the year
