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Abu Dhabi-based InsurTech Hala has successfully closed its Series A round at $5 million, MAGNiTT reports. The investment round was led by Entrée Capital, with participation from Mubadala Investment Company, EQ2 Ventures, Global Founders Capital, 500 Startups, and Hambro Perks Read more
Qatar and the UAE discussed Thursday ways to boost ties between the two countries in areas including economy, trade and investment projects. Discussion took place in Doha as Emir Sheikh Tamim bin Hamad Al-Thani received a delegation headed by UAE’s Read more
The UAE will host next year in March, during Expo 2020, an international Summit to find appropriate solutions to some of the ongoing issues around the world, the Gulf country said Thursday. The conference to take place March 30 will Read more
The UAE Wednesday said it will grant golden residency visas to humanitarian workers as part of efforts to encourage more people to get involved in humanitarian work, Gulf Business reports. Announced by Sheikh Mohammed bin Rashid Al Maktoum, Vice President Read more
Afghan President Ashraf Ghani is in the UAE, state news agency Wam reported on Wednesday. “The UAE Ministry of Foreign Affairs and International Co-operation can confirm that the UAE has welcomed President Ashraf Ghani and his family into the Read more
Abu Dhabi National Oil Co. (ADNOC) is investing $187 million to expand the production capacity of the Al Nouf oilfield to 175,000 barrels per day (bpd) by 2024 from the current 160,000 bpd, Zawya reports, citing the company. By 2030, Read more
The Sultanate of Oman has established a national hydrogen alliance to develop an industry for the production, transport and use of the fuel as part of a national plan to replace fossil fuels. The alliance, reports note, includes 13 institutions Read more
UAE-based Company, Sky Abu Dhabi Real Estate Development, the real estate arm of Diamond Group is planning to invest 15 billion Egyptian pounds ($959 million) in Egypt in the next two years, including more than 4 billion pounds in two Read more
The UAE have extradited Abdelmoumen Ould Kaddour, former boss the state-run energy giant Sonatrach, wanted in Algeria for corruption in two cases. The protégé of ex-leader Abdelaziz Bouteflika arrived Wednesday at Algiers international airport handcuffed, from Dubai. He was arrested Read more
Military troops from Oman and the U.S are holding joint exercises codenamed “Valley of Fire 2021” aiming at maintaining preparedness and high combat ability, reports say. The drill involves the sultanate’s paratroopers, Armored Division and Artillery, the royal Air Force Read more