The Armed Forces awarded six contracts valued at AED4.42 billion to local companies, international companies won contracts worth AED1.16 billion
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The programme will collaborate on research, training and students can exchange initiatives that will encompass machine learning, computer vision, neural sciences, computational biology and more.
A recruitment drive will be launched for highly qualified researchers and staff to support the programme.
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Industry insiders state companies have adapted to the post Covid-market and have transformed to become ‘brick and click’
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Hub71 is a flagship initiative of Ghadan 21, a programme designed by Abu Dhabi to help drive the emirates development through investing in business, innovation and people.
The hub has selected over 100 start-ups to join their community.
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AgTech start-ups are working hard to come up with solutions that will be a vital part of the UAE future food security system. For the full article click here
Despite the on-going pandemic, investors have continued to pour money into start-up companies in the MENA region, including venture capitalists who have invested over $1 billion.
FinTech was the most popular sector for investors in 2020 - 63 firms invested in mobile and online payment solutions.
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Abu Dhabi Department of Education and Knowledge (ADEK) released new guidelines for children in private schools stating they must take a PCR every two weeks if they wish to continue with face-to-face learning.
Each school will receive swabs for free as well as a designated screening center on specific dates.
This rule applies to teachers and support staff as well.
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Souk Al Marfa is set to open in April with 2,500 shops and pavilions along the seafront of Deira Islands.
The retail hub will offer traders the benefit of 100% foreign ownership, full repatriation of capital and profit, no restrictions on movement, logistical ease, and ancillary amenities such as warehousing, office space, showrooms, retail & F&B facilities, and the potential to ship and import directly to the pavilions.
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The merger of NPCC and NMDC will create much larger engineering and construction company specialising in oil and gas and marine dredging work.
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