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Etihad Rail signs $327m deal for passenger trains with CAF
Etihad Rail, the developer of UAE's rail network, has signed a AED1.2 billion ($327 million) agreement with Spanish group CAF for the design, manufacture, supply and maintenance of passenger trains as per the European standards for its new rail network.
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Adib and Visa sign exclusive partnership deal
Abu Dhabi Islamic Bank (Adib), a leading financial institution, has signed an exclusive deal with Visa to further grow digital payments in the UAE, offering innovative and customer-centric solutions to Adib cardholders.
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Siemens Energy, Air Liquide form JV for hydrogen electrolyzers
Siemens Energy and Air Liquide have announced the creation of a joint venture dedicated to the series production of industrial scale renewable hydrogen electrolyzers in Europe.
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Backbase seals partnership with Bahrain FinTech Bay
Backbase, a key engagement banking platform provider, has joined hands with Bahrain FinTech Bay, one of the leading fintech hubs in Mena, to help accelerate digital banking adoption in the region and offer new opportunities for key regional players.
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How to prevent SMBs from fuelling supply chain attacks
Small and medium-sized businesses (SMBs), increasingly vulnerable to cyber-attacks, should consider engaging an experienced Managed Security Service Provider (MSSP).
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Egypt, Saudi sign $7.7bn deals; focus on infra, green energy
Egypt and Saudi Arabia have signed 14 agreements worth $7.7 billion covering key sectors such as infrastructure, industrial, green hydrogen and renewable energy during the recent visit to Cairo by Saudi Crown Prince HRH Prince Mohammed bin Salman.
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Thousands of holidaymakers suffer as chaos hits UK airports
Thousands of holidaymakers have been affected by the sudden cancellation of flights at London's Heathrow Airport due to technical issues affecting baggage, said media reports. It comes on the first of three days of nationwide rail strikes in Britain.
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Awris picks GBM Bahrain for digital transformation
The Arab War Risks Insurance Syndicate (Awris), which backs local Insurance markets in the Gulf, has chosen Gulf Business Machines (GBM) in Bahrain to fast-track its digital transformation by implementing a new re-insurance system.
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Iffco opens largest out-of-home engagement centre in Dubai
Iffco Out of Home has officially opened the customer engagement centre (CEC), the largest of its kind in the region at Dubai. Spread over a 2,300 sq m area, the CEC is fully equipped with dedicated areas for baking, culinary kitchens and beverages.
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Hyundai says building a hydrogen-fuelled future
Hyundai Motor Company is investing in hydrogen, the most lightweight and abundant element in the universe, to achieve a more sustainable future for humanity, the company said.
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Pure Health commits $2.72 bn to local procurement
Pure Health, the UAE’s largest integrated healthcare group, has committed AED10 billion ($2.72 billion) over the next 10 years in local procurement as part of its decision to join the National In-Country Value Programme.
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50 businesses advance to pitch for investment on Beban season 2
A total of 50 businesses have advanced to the Season Two of Bahrain's first entrepreneurship-themed reality show, Beban, produced by Hope Ventures, the investment arm of Hope Fund, a major fund established on the directives of His Majesty King Hamad.
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New senior leaders join American School of Bahrain
The American School of Bahrain (ASB) recently onboarded two new appointees to key positions at the school as part of its efforts to elevate student experience and the quality of education.
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Afghan quake toll rises to 1,000; over 1,500 injured
The death toll in the powerful earthquake that hit eastern Afghanistan has risen to at least 1,000 people, a BBC report quoting an official of the ruling Taliban said.
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