Friday , 17 August 2018

Business

Islam Analysis: Reviving a culture of entrepreneurship

The Muslim world and donors should use nongovernmental networks to nurture the dormant seeds of entrepreneurship, says Athar Osama. Entrepreneurship and innovation may look like inherently Western ideas in the twenty-first century. Yet they have been part and parcel of Muslim societies even before the heyday of the earliest Islamic Empire. Mecca, the birthplace of Islam, was long known as being …

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UnitedHealthcare International Launches Strategic Alliance to Offer Insurance in the Middle East

Seamless coverage for UnitedHealthcare’s ‘Global Solutions’ expatriate insurance clients in eight Middle Eastern countries  DUBAI, United Arab Emirates, Mar 14, 2012 (BUSINESS WIRE) — UnitedHealthcare International, a UnitedHealth Group UNH +0.11% company, is offering international insurance coverage to employers with employees in the Middle East through a new strategic alliance with Dubai-based Al Sagr National Insurance Co. This new alliance will provide local …

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Prepaid Middle East Awards; Finalists announced ahead of the summit

Prepaid Summit: Middle East 2012 Conference, Expo and Awards Networking Dinner, March 21 2012 Westin Dubai Mina Seyahi Beach Resort & Marina, Dubai www.vrl-financial-news.com  Inaugural Middle East Prepaid Awards in five key categories  More than 40 nominations across the region Local names such as Abu Dhabi Islamic Bank and RAK Bank chosen in multiple categories including Product Innovation UAE retailers MAF Finance, …

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Commitment to the MENA delivers results, with positive outlook for 2012

Hikma Pharmaceuticals PLC (LSE: HIK) (NASDAQ Dubai: HIK), the fast growing multinational pharmaceutical group, with sales in more than 40 countries across Europe, MENA and the USA, reports its preliminary results for the year ended 31 December 2011. Group revenue increased by 25.6% to $918.0 million, with organic growth of 7.6%, in line with the company’s guidance. Adjusted operating profit grew by …

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Emerging Best Practices of Chinese Globalizers

Among China’s largest enterprises, “going out”—or globalization—is a central theme of business. Chinese companies are increasingly establishing operations in overseas markets. Along with this expansion comes the requirement to engage directly with local communities and improve them through corporate citizenship activities. However, the traditional view is that corporate citizenship will have a negative effect on corporate profits. As a result, …

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Global climate models ‘need regional sensitivity’

Global climate change models are of limited use to agricultural policymakers in some regions of the developing world, according to a report by theCGIAR Research Program on Climate Change, Agriculture and Food Security (CCAFS). The report was launched at the Climate Models and Farm Crop Forecasting in South Asia and Africa meeting last month (21 February). It focused on Eastern and Western Africa, and the …

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ICT uptake continues to accelerate across the Arab region

New figures released by the International Telecommunications Union show that information and communication technology (ICT) uptake continues to accelerate across the Arab region. But ITU underlines the need for more effort to be put into rolling out broadband infrastructure to meet burgeoning demand from a young, tech-savvy population. Data from ITU’s ICT Adoption and Prospects in the Arab Region 2012 …

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SAP announces four-year US $450 million additional spend in MENA

More than 500 new SAP jobs to be created, consultant capability to triple DUBAI, United Arab Emirates, March 12, 2012 SAP AG SAP +0.43% today announced a four-year plan worth US $450 million (AED1.65 billion) to up-skill local talent and drive sustainable innovation and growth in the Middle East and North Africa (MENA) region. The decision highlights the region as a fast-growth market …

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Amadeus receives 2012 Air Transport News award as Best IT Company

  The ATN Global Awards recognise the companies that contribute most to the industry. Dubai, UAE, March 12, 2012 – Amadeus, a leading transaction processor and provider of advanced technology solutions for the global travel and tourism industry, was given the 2012 Air Transport News award as Best IT Company of the year during the official ceremony held in Athens …

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Investors eye UAE prospects as hotel revenues soar

  UAE spends heavily on transport infrastructure to support tourism sector – GDP contribution set to reach US$19.9 billion this year Top industry executives and officials will head to the annual Arabian Hotel Investment Conference 2012 (AHIC), which takes place in Dubai on 28-30 April at Madinat Jumeirah, to discuss investment opportunities in the Gulf where governments are ploughing billions …

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