Business

1.5mln job seekers contacted on Bayt.com last year

Artificial Intelligence powers more hiring technologies on Bayt.com Dubai UAE:Bayt.com, the MENA region’s leading job site, reported that the number of CV searches undertaken by employers approached the three-million mark in 2018 alone. This high job talent hunting activity goes hand-in-hand with the number of CVs that were contacted: Bayt.com closed the year with more than 1.5 million job seeker …

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Bahrain Fintech Bay: RegFact conference hailed a success

The event brought together local and global regulators, policy makers and policy advocates RegFact 2019 was held yesterday at the Diplomat Radisson Blu under the patronage of the Central Bank of Bahrain. The event brought together local and global regulators, policy makers and policy advocates in the regulatory technology industry, and 250 delegates from various financial and governmental sectors in …

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Egypt Network for Integrated Development 6th annual conference focuses on clusters to stimulate economic development

This year’s conference will focus on clusters as an effective model for stimulating economic development and employment generation in Egypt’s South Under the auspices of H.E. Dr. Mostafa Madbouly, Egyptian Prime Minister, The Egypt Network for Integrated Development “ENID” holds its sixth annual conference titled “”Clusters and Economic Development in the South” on the 14th and 15th of February at …

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Release of the IMF Departmental Paper on Scaling up Access to Finance for Small and Medium Enterprise in the Middle East and North Africa

Discussions will focus on how small and medium-sized enterprise financial inclusion is at the core of the economic diversification, growth, and job creation challenges many countries are facing The International Monetary Fund (IMF) will launch its departmental paper entitled Scaling up Access to Finance for SMEs in MENA in a seminar which will take placeat the American University in Cairo, …

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New startup mentorship programme aims to foster UAE-Africa cooperation

Dubai Chamber to host first-ever Chamberthon during Africa Tech Summit in Rwanda this week where startups will build a framework for a new mentorship programme Global Business Forum Mentorship Programme pairs innovative UAE and African startups with mentors who can provide valuable expertise, support and guidance Kigali, Rwanda: Startups from the UAE and Africa will participate in the first-ever Chamberthon …

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WARC launches Prize for MENA Strategy 2019

Prize is free to enter and is open to agencies, brand owners and specialists in any marketing discipline. WARC, the global authority on advertising and media effectiveness, is today launching the WARC Prize for MENA Strategy 2019, a search for the best strategic marketing thinking that has driven results in the Middle East and North Africa. Now in its third …

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Emerging technology giants confirm attendance for the inaugural Abundance 360 Summit in March 2019

Dubai hosts Inaugural Abundance 360 Summit in March 2019 Event held under the patronage of His Highness Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of the Executive Council, Chairman of the Board of Trustees at Dubai Future Foundation. Dubai: A world-class speaker line up has just been announced for the signature Abundance 360 (A360) Summit, …

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Gartner predicts global IT spending to reach $3.8 trillion in 2019

Global IT spending is anticipated to increase by 3.2 percent and reach $3.8 trillion in 2019 due to growth in the cloud, Internet of Things (IoT), and data centre markets. According to Gartner, spending is shifting from mobile devices to the cloud and data centres. “Despite uncertainty fuelled by recession rumours, Brexit, and trade wars and tariffs, the likely scenario …

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UAE-based solar developer raises $65mln from global investors, eyes larger funding by 2020 – CEO

Yellow Door Energy plans to use proceeds to break into new Arabian Gulf and African markets Dubai-based Yellow Door Energy (YDE), a provider of solar energy solutions in the Middle East and Africa, has raised $65 million from international investors in Series A funding, its chief executive said. “We have five global investors that are funding this equity in Yellow …

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Statement by International Monetary Fund (IMF) Managing Director Christine Lagarde on Egypt

The Egyptian authorities embarked on an ambitious economic reform program in 2016 that is being supported by an International Monetary Fund (IMF) financial arrangement Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today: I would like to take this opportunity to commend the patience and commitment of the Egyptian people to the reform …

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