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UAE announces 381 new COVID-19 cases, 389 recoveries, no deaths in last 24 hours

The Ministry of Health and Prevention (MoHAP) announced that it conducted 205,134 additional COVID-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Tuesday, the Ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus …

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ADNOC delivers latest blockbuster IPO, largest-ever Abu Dhabi listing to date

Abu Dhabi National Oil Company (ADNOC) together with its long-standing partner Borealis AG today announced the successful completion of the bookbuild and public subscription process for the Initial Public Offering (IPO) of Borouge plc, their petrochemicals joint venture, on the Abu Dhabi Securities Exchange (ADX). The offering of 3,005,769,158 ordinary …

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UAE-Egypt-Jordan industrial partnership to usher in new era of economic integration: Ministers, officials

Ministers and officials affirmed the Industrial Partnership for Sustainable Economic Growth, signed by the UAE, Egypt and Jordan, will usher in a new era for competitive industries by engaging in added-value manufacturing sectors, which will help bolster economic integration. Sheikh Saqer bin Humaid Al Qasimi, Chairman of the Board, Julphar, …

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UAE stands in solidarity with Brazil and offers condolences over victims of floods and torrential rains

 The UAE expressed its sincere condolences and solidarity with the Federative Republic of Brazil over the victims of torrential rains and floods that struck several states in the country, killing dozens of people, necessitating the evacuation of tens of thousands, and causing severe damage. The Ministry of Foreign Affairs and …

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