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Omani government working to create 25,000 jobs in six months The announcement came after hundreds of unemployed people demonstrated on Monday

By Marwa Rashad RIYADH – The Omani government said on Thursday it was working to create 25,000 jobs in six months, part of efforts to curb high unemployment in the small, oil-exporting Gulf Arab state. The announcement came after hundreds of unemployed people demonstrated on Monday at the Ministry of Manpower in Oman’s capital Muscat, and another protest in the …

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UAE ranked 13th most promising economy for investment

Ranking reflects UAE’s liberal and investment-friendly business policies Staff Writer, Khaleej Times The UAE has been named the 13th Most Promising Home Economy for Investment in 2017-19 according to a survey conducted by the United Nations Council for Trade and Development (UNCTAD) and Investment Promotion Agency (IPA) Observer. The ranking, published in the UNCTAD’s recently released annual World Investment Report …

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INTERVIEW: JadoPado founder planning cryptocurrency exchange launch

Omar Kassim backs away from blockchain-based real estate venture, citing lack of regional infrastructure Esanjo’s founder Omar Kassim. The new start- up leverages block chain technology to facilitate real estate transactions The founder of the JadoPado e-commerce platform has revealed plans to launch a cryptocurrency exchange. Omar Kassim, who sold JadoPado to regional e-commerce giant Noon last year, told Zawya …

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Middle East M&A activity rallies in Q4 2017

Global M&A deal-making in 2017 stayed in line with 2016 levels, with overall global deal volumes rising slightly by three per cent and flat growth in terms of value, and Middle East activity rallied in the last quarter of the year, according to the latest report by global law firm Baker McKenzie. Despite tighter scrutiny on foreign deals, the United …

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Youth, happiness, space and cryptocurrencies: Main topics on the agenda of Dubai’s World Government Summit

By- Yasmine Saleh, ZAWYA Officials in the United Arab Emirates (UAE) have announced the key themes that will be discussed at the World Government Summit (WGS) in Dubai next month. The sixth edition of the WGS is scheduled to take place on February 11-13. It will include 4,000 attendees from 140 countries, according to a press release sent to the …

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Sheikh Mohammed launches eco-tourism project in Dubai

  The reserve spans 10% of the emirate of Dubai’s total area Vice President and Prime Minister of the UAE and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum attends the Dubai World Cup at Meydan racecourse. Image used for illustrative purpose. DUBAI: The Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al …

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UAE largest receiver of FDIs in Arab region in 2016: Minister of Economy

Al Mansouri noted that the law will increase allowed percentage of foreign ownership of local investment projects, up to 100% in specified sectors. Panoramic sunset city skyline. UAE law will increase the allowed percentage of foreign ownership of local investment projects, up to 100 percent in certain specified sectors. ABU DHABI- Sultan bin Saeed Al Mansouri, Minister of Economy, has …

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East Africa Islamic Economy Summit 2018 returns to Nairobi, Kenya

Tapping into East Africa’s tech savvy population to drive Innovation and Financial Inclusion ‘East Africa’s fairly developed infrastructure and communication sector, a young educated tech savvy population and their ability to capitalise on technology development provides a great opportunity for the region to lead in the Islamic Finance digital economy’ – Agnes Gitau, GBS Africa (http://GBSafrica.co.uk) elaborating the theme of …

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Egypt’s Startup Reactor is Seeking out Startups!

Startup Reactor, the 6-month accelerator program in Egypt, is now accepting applications for its 5th cycle Following the successful conclusion of its 4th cycle with its last phase “Startup Nova – Entrepreneurship Explosion”, Startup Reactor is accepting applications for its 5th cycle! Startup Reactor is a 6-month accelerator program designed to support innovative startups with high growth potential in Egypt. …

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Tax, Trump and tech: Zawya’s 10 most important stories of 2017

By: Zawya.Com Zawya Express presents the top story, topic or trend highlighted by our editorial team as recommended reading to start your working day Zawya presents its top picks of the stories that were written by its in-house team of journalists in 2017 The introduction of value-added tax (VAT), the inauguration of President Donald Trump and the changing e-commerce landscape …

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