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Miral Partners with Khalifa Fund for Enterprise Development for second year to support local entrepreneurs
April 7, 2024April 7, 2024by In Business

Miral Partners with Khalifa Fund for Enterprise Development for second year to support local entrepreneurs

For the second consecutive year, Miral - Abu Dhabi's leading creator of immersive destinations and experiences - continues its collaboration with the Khalifa Fund for Enterprise Development to bolster local entrepreneurs at Yas Bay Waterfront’s "Waterfront Nights" market.

The market has been running since 22nd March 2024 and is currently showcasing 20 small businesses and artisans, 10 of which are supported by the Khalifa Fund.

Highlighting the strong partnership, Alia Al Mazraouie, CEO of Khalifa Fund for Enterprise Development, and Mohamed Abdalla Al Zaabi, Group CEO of Miral, visited the “Waterfront Nights” market to support the entrepreneurs and learn more about their local businesses and product offerings.

Homegrown brands supported by the Khalifa Fund at this year’s “Waterfront Nights” include IV Perfume, Sada Oud, and FAE Oud & Perfumes, which bring their luxury perfumes and Emirati incense. There is also Glaza Collection and Manout Tailoring, which feature intricately adorned and locally sourced traditional textiles, and Boomah Cafe, which merges the charm of live owls with Japanese military-themed décor.

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DCT Abu Dhabi forges strategic alliances during debut at Moscow’s International Travel and Hospitality Show
April 1, 2024April 1, 2024by In Business

DCT Abu Dhabi forges strategic alliances during debut at Moscow’s International Travel and Hospitality Show

The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) made its inaugural appearance at the 30th International Travel and Hospitality Show (MITT) in Moscow, held from 19th to 21st March. Winning the ‘Outstanding Debut Award’, the Abu Dhabi stand took centre stage in the main hall, with the DCT Abu Dhabi International Operations Department and a delegation of 10 stakeholders spotlighting the emirate’s wide array of attractions and offerings.

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ENBD Capital arranges Lenovo Group’s debut $500 million Middle East RCF
April 1, 2024April 1, 2024by In Business

ENBD Capital arranges Lenovo Group’s debut $500 million Middle East RCF

Emirates NBD Capital, the investment banking arm of Emirates NBD, has successfully arranged a US$500 million Syndicated Revolving Credit Facility (RCF) for Lenovo Group Limited. The facility represents Lenovo's first entry into the Middle East Syndicate Loan Market and is aimed at supporting the technology leader's corporate and operational financing needs.

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Hamdan bin Zayed visits Bu Hasa field, praises ADNOC’s efforts in employing AI in production processes
March 30, 2024March 30, 2024by In Business

Hamdan bin Zayed visits Bu Hasa field, praises ADNOC’s efforts in employing AI in production processes

H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler's Representative in Al Dhafra Region, said that the United Arab Emirates, under the leadership of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, is at the forefront of leveraging cutting-edge technologies like AI to drive sustainable growth and progress, particularly in the energy sector.

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UAE Council for Artificial Intelligence and Blockchain launches award to enhance competitiveness in future sectors
March 20, 2024March 20, 2024by In Business

UAE Council for Artificial Intelligence and Blockchain launches award to enhance competitiveness in future sectors

Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, stated that the UAE government is proactively embracing digital transformation and is dedicated to harnessing the potential of artificial intelligence solutions to empower both individuals and communities, while encouraging their adoption to ensure tangible benefits from these advancements.