Friday , 19 October 2018

Government

Saudi efforts to improve education system showcased

Saudi Education Minister Ahmed bin Mohammed Al-Issa on Thursday highlighted the great support provided by King Salman and Crown Prince Mohammed bin Salman to improve the country’s education system. Al-Issa did so at a meeting of education ministers in Argentina. Participants included education ministers from all G-20 states, as well as those from Singapore, Chile, Jamaica, Spain and the Netherlands. …

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High costs and data skills shortage the main barriers to AI in banking: Emirates NBD official

Consultancy firm PwC predicts potential contribution of AI to the economic growth of the UAE to stand at 13.6 percent by year 2030 Artificial Intelligence (AI) is being integrated into many services already provided by banks in the United Arab Emirates, but its high cost and a shortage of specialist data scientists could preclude a more widespread use, according to …

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Microsoft joins MENA Innovation Summit this year in Egypt

“Digitisation of classrooms is key to creating the world of tomorrow” Cairo, Egypt – 19 July, 2018 – As part of its mission to empower students and educators around the globe through technology, Microsoft is participating in the 2018 MENA Innovation Summit, taking place in Cairo, Egypt, from July 29 – 31. The Forum will bring together ministers, senior government …

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Hamdan bin Mohammed appoints CEO of Corporate Technology Support Services, RTA

AbdulAziz Essa Ahmed Hareb AlFalahi as CEO of Corporate Technology Support Services at Dubai’s Roads & Transport Authority Government of Dubai Media Office : Crown Prince of Dubai and Chairman of Dubai Executive Council, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum issued Resolution No. (35) of 2018 appointing AbdulAziz Essa Ahmed Hareb AlFalahi as CEO of Corporate …

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UAE and China: Business and trade deals signed during the historic visit

The United Arab States and China have signed more than a dozen business and trade agreements and memoranda of understanding during a landmark visit by the Chinese President Xi Jinping to the UAE over the past three days. The agreements included an announcement on Friday that a Chinese state-owned financial services company would set up within Abu Dhabi’s main financial …

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UAE, China sign 13 agreements and MoUs

MoUs signed between the two countries with the aim to strengthen strategic partnerships and bilateral cooperation across various sectors His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and President …

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Oriental opportunity: UAE seeks more trade with China

The United Arab Emirates Ambassador to the People’s Republic of China has said that he hopes the country will be able to double its trade with China over the next 10 years ahead of a three-day visit to the emirates later this week by China’s President, Xi Jinping. According to the UAE’s state news agency WAM, Dr Ali Obaid Al …

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E-commerce portal noon opens buying offices in China and Hong Kong

Noon launched in the UAE and Saudi Arabia last year By Yasmine Saleh, ZAWYA UAE-based online shopping portal noon has announced plans to introduce products from China and Hong Kong on its e-commerce portals in Saudi Arabia and the United Arab Emirates, a noon official said. “We have opened sourcing offices… We spotted a gap in the market for high …

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China’s Xi pledges $20bln in loans to revive Middle East

The loans will fund a plan of “economic reconstruction” and “industrial revival” that would include cooperation on oil and gas, nuclear and clean energy, Xi said Chinese President Xi Jinping on Tuesday pledged a package of $20 billion inloans and $1.6 billion in financial aid to countries in the Middle East, as part of what he called an “oil and …

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Dubai to cut municipal fees, freeze school costs in stimulus effort

The council also decided to scrap 19 fees related to the aviation industry and waived late payment fees on property registrations for 60 days Dubai’s government said it would reduce municipal fees, scrap some aviation charges and freeze school costs in the latest of a series of efforts to stimulate economic growth, which has been hindered by weak real estate …

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