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Al Shirawi stated that the launch of these projects reflects the Chamber's commitment to support the culture of entrepreneurship while helping young Emiratis to enter the world of business with their own commercial projects.
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The company also announced that it would reduce by 43 per cent the current 5,300 executives and managers.
Developing a purpose and setting goals to accomplish that purpose is the key to success
The investment company reported a 4.3 per cent growth in revenues to Dh34.1 billion, primarily due to higher semiconductor, information and communications technology, healthcare, real estate and infrastructure-related revenues.
Despite strong production volumes, the halving of market commodity prices in 2015 reduced revenues to Dh19.3 billion compared to Dh27.3 billion for the full year 2014. Cash flow and liquidity remained strong.
The various types of drones in Dewa's Sirb (Arabic for fleet) initiative are capable of searching for, and identifying, oil spills and red tide. The drones can collect samples from any location within a 20km radius. Drones are used for various missions, including topographic surveys, thermal inspection, photovoltaic panel maintenance and early detection, using thermal imaging, to identify overhead power lines.
Cameron chairs crisis meet, says nationalisation not an answer
After a marathon board meeting in Mumbai, the steel giant said in a statement in the early hours of Wednesday that the financial performance of its UK arm had deteriorated substantially in recent months - after years of already weak conditions.
The company, which has a portfolio of 70 marine and mainland terminals across six continents, said the strong cash generation was due to the group's ambitious expansion plan and growth of its portfolio of global terminals and business volumes, particularly in Mumbai in India and Yarimca in Turkey.
The project will be implemented according to the Independent Power Producer (IPP) model. The conference aims to clarify details of the last stage of the bid and answer bidders' technical, financial and legal questions and enquiries.
