Friday , 22 June 2018
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CEO of Dubai’s BitOasis exchange says UAE’s crypto concerns are “positive”

Zawya Express presents the top story, topic or trend highlighted by our editorial team as recommended reading to start your working day Representation of the Bitcoin virtual currency standing on the PC motherboard is seen in this illustration picture. The CEO and co-founder of Dubai’s popular cryptocurrency exchange BitOasis, Ola Doudin, has said that Sunday’s statement by the United Arab …

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Google offers Aramco unlikely route to IPO heaven

Partnership with Google may provoke some outside-the-box thinking Google found Russia-backed ads on YouTube, Gmail Has Saudi Aramco landed on a cunning plan to boost its future stock-market valuation? Certainly, the $2 trillion valuation desired by the kingdom’s crown prince in the oil producer’s forthcoming initial public offering is hard to square with reality. A new partnership with the owner …

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Saudi Arabia plans up to $11 bln investments in water sector in 2018

The largest desalinated water investment will be in Jubail 3 Image used for illustrative purpose. A worker stands at a desalination plant, 35 lm south of Riyadh, May 4, 2011. By Nada Al Rifai, ZAWYA Saudi Arabia is attracting investments worth $11 billion into large-scale water projects across several regions of the kingdom, primarily in water desalination, a Saudi official …

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UAE stands to be a big winner from China’s $900bln Belt & Road plan – report

By: Michael Fahy, ZAWYA Ancient trade routes from China through central Asia by rail (Belt) and to Africa and beyond by sea. The United Arab Emirates has been ranked as third in a global index of nations that stand to benefit most from China’s Belt and Road Initiative, according to a new report released on Tuesday by property consultancy Knight …

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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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