Saturday , 17 November 2018

Tag Archives: Featured

Will the next cryptocurrency revolution be green?

Source: Zawya-Ammar Radhi   If bitcoin were a country, it would be 41st in the world in terms of energy consumption, just behind Chile and Austria Last year’s bitcoin frenzy appears to have run its course. The cryptocurrency’s near-vertical ascent to more than $19,000 was followed by an equally precipitous decline as speculators fled the market as fast as they …

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Dubai RTA launches Apple Pay feature in its app

Customers using iPhones can process payment of several fees in a quick and safe environment The Roads and Transport Authority (RTA) in Dubai has launched Apple Pay feature enabling customers using iPhones to process the payment of several fees in a quick and safe environment via RTA Dubai app. The RTA has thus become one of the first government departments …

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Padmini Gupta on the app that aims to help improve the lives of low income workers in the UAE

In the latest of our Business For Good series highlighting the philanthropic work of business families, we speak to the founder of the Rise app aimed at improving the lot of the UAE’s domestic workers When an earthquake shook Nepal at noon on Saturday, April 25, 2015, it killed nearly 9,000 people and ruined the lives of more than eight …

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Dubai Technology Entrepreneur Centre to host AngelHackathon Dubai Hackathon 2018

The Dubai edition will run on August 3 and 4, 2018 Dubai Technology Entrepreneur Centre (Dtec), DSOA’s wholly owned technology startup center that is the largest of its kind in the Middle East, today announced that it will host the Dubai edition of AngelHack’s Global Hackathon Series 2018. Conceptualized by AngelHack, a leading global entrepreneurial community based in San Francisco, …

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SAMA inks agreement with Monami Tech’s Award Winning Digital Lending Platform Lendme

Landmark announcement for both SAMA and Monami Tech Monami Tech enables consumer lending offering for SAMA with Lendme app Dubai, United Arab Emirates – Al Hail ORIX Finance PSC, Parent company of SAMA, has announced the signature of a formal agreement and the formation of a strategic partnership with UAE-based award winning fintech payments company Monami Tech. The primary aim …

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UAE stocks attract foreign investors as H1 results continue

By Zawya- Mahmoud Gamal, Mubasher Listed-stocks have recently hit record highs on the back of the interim financial results The UAE stock markets are currently gaining accumulations by foreign investors as listed-stocks have recently hit record highs on the back of the interim financial results, analysts told Mubasher. Most institutional investors in the UAE’s twin bourses were buyers during Sunday’s …

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UAE Space Agency sponsors eclipse observation events

Residents can witness the longest total lunar eclipse of the century on Friday, July 27 The UAE Space Agency is sponsoring a series of observation points at a number of astronomy centres throughout the UAE, to provide residents with the opportunity to witness the longest total lunar eclipse of the century on Friday, 27th July. Residents are invited to visit …

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UAE’s Etisalat Q2 profit up on lower capital expenditure, more subscribers

Etisalat made a net profit of AED2.2bln ($599million) in the three months to June 30 By Alexander Cornwell, Reuters News DUBAI- Emirates Telecommunications Group, also known as Etisalat, reported on Tuesday a 12.3 percent rise in second-quarter net profit as it cut capital expenditure and added more subscribers. Etisalat made a net profit of 2.2 billion dirhams ($599 million) in …

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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 economy stays robust despite global headwinds

The UAE’s solid and diversified economy has softened the effects of both lower oil prices and weakened global demand for trade. This will also lead to prosperous years ahead for the UAE economy, according to a new report from the Dubai Chamber of Commerce and Industry (Dubai Chamber). In addition to increased confidence, the UAE’s economic outlook is buoyed by …

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