Wednesday , 22 November 2017

Tag Archives: Featured

DP World keen to explore new investment opportunities in Africa

DP World pushes ahead with its long-term strategy focusing on the continent. DP World is looking for new investment and expansion opportunities across Africa, as it pushes ahead with its long-term strategy focusing on the continent, the company’s Senior Vice President and Managing Director for the UAE Region Mohammed Al Muallem told delegates on Thursday at the fourth Global Business …

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Expo 2020 Dubai, Unido to deliver development goals

Both organisations signed a MoU to work together on some of the targets for 2030 by exploring initiatives. Expo 2020 Dubai is set to work with the United Nations Industrial Development Organisation, UNIDO, to promote entrepreneurship and investment around the world to help realise the UN’s Sustainable Development Goals, SDGs. The two organisations signed a Memorandum of Understanding, MoU, on …

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Saudi fund agrees plan to invest in Virgin space ventures

Saudi Arabia’s Public Investment Fund plans to invest about $1 billion in Richard Branson’s space company, Virgin Galactic, and sister companies The Spaceship Company and Virgin Orbit, according to a joint statement published on Thursday. “This investment will enable us to develop the next generation of satellite launches and accelerate our programme for point to point supersonic space travel,” the …

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Mohammed Bin Rashid School of Government Releases Arab World Online 2017 Report

The Mohammed bin Rashid School of Government (MBRSG) has released a report titled The Arab World Online 2017 today (Wednesday, October 25, 2017), which examines the digital transformations and societal trends brought about by the Fourth Industrial Revolution in the Arab region. The findings assess public readiness towards, and concerns about emerging digital technologies across the Arab region. This is …

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MeRck KGaA marks the launch of Merck Foundation during the Fourth edition of Merck Africa Asia Luminary in Cairo, Egypt

More than 450 African healthcare providers, policy makers and researchers from Africa and Asia benefit from several educational and social development sessions Fourth Luminary held in partnership with the Ministry of Higher Education and Scientific Research of Egypt brings together African and Asian countries from 24th – 25th October 2017 in Cairo, Egypt to contribute towards building healthcare capacity. “Merck …

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MEPI Student Leaders Program 2018

Applications for 2018 will be accepted from October 23, 2017, through December 14, 2017 The Student Leaders program offers outstanding undergraduates from across the MENA region an intensive leadership training course of approximately 5 weeks in the United States. The program emphasizes lessons in participatory governance and the application of leadership skills. The Student Leaders program is a rigorous exchange …

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Data analytics at the epicentre of smart city design

Big data will drive the next stage of urban revolution and improve the lives of future generations, according to a panel of government and industry experts who discussed the future of smart cities at the World Green Economy Summit (WGES 2017) in Dubai on Tuesday. “Data analytics is at the epicentre of smart city design,” Osman Sultan, CEO of Dubai-based …

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WGES 2017: Region needs green bonds to fund renewable schemes, says bank project finance head

By: Imogen Lillywhite, ZAWYA Capital markets need to get involved in investing in green projects to meet the region’s renewable energy targets, according to a UAE banking head. Frank Beckers, head of project finance and advisory, First Abu Dhabi Bank, told delegates at the World Green Economy Summit in Dubai on Wednesday that while the region was leading the way …

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Saudi Arabia reform push targets wealth fund doubling assets

Saudi Arabia presented ambitious plans for economic and social renewal before a host of A-list global investors on Wednesday, saying its main sovereign wealth fund wants to increase its financial clout to 1.5 trillion riyals ($400 billion) by 2020. The Public Investment Fund (PIF) announced the assets-under-management goal at a conference showcasing a programme to turn the strictly conservative country …

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Future focus: What is Dubai’s Area 2071 initiative?

Area 2071, the innovation initiative which has been established with a physical presence at the foot of Dubai’s Emirates Towers building, will feature 10 different sectors, through which Dubai’s government will promote collaboration, an executive responsible for its development has said. Abdulaziz Khalid Al Jaziri, the director of Area 2071, told reporters on the sidelines of a press conference held …

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