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SoftBank invests in Mubadala's new $400 mn European tech fund: source

Monday, February 18, 2019, 4:56 PM

Japan's SoftBank has invested almost half of the money in Abu Dhabi's state investor Mubadala Investment Co's new $400-million fund for European technology startups, reports said on Monday. Earlier, Mubadala had committed to invest $15 billion in SoftBank's Vision Fund. The European fund has already made a few investments and will be run from a London office, reports added.
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Abu Dhabi Includes Hindi As Third Official Court Language

Sunday, February 10, 2019, 6:20 PM

In a landmark decision, Abu Dhabi has included Hindi as the third official language used in its courts, alongside Arabic and English, as-part-of a move designed to improve access to justice. The Abu Dhabi Judicial Department said it has extended the adoption of interactive forms of statement of claims filed before courts by including the Hindi language alongside Arabic and English in labour cases.
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Abu Dhabi oil company hires India's strategic oil storage

Monday, November 12, 2018, 6:54 PM

India signed an initial pact to lease out a-part of its underground strategic oil storage at Padur in Karnataka to ADNOC for storing crude oil, second such deal with the UAE firm this year, Oil Minister Dharmendra Pradhan said. It has allowed foreign oil-companies to store oil in the storages on condition that stockpile can be used by Delhi in case of an emergency.

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