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Government and private sector to get together at the Africa 2018 Forum in Sharm El Sheikh

Government and private sector to get together at the Africa 2018 Forum in Sharm El Sheikh to foster greater regional integration through investments and cross border collaboration The Forum will also host the largest exhibition of African Investment Promotion Agencies 9 Heads of State expected at the Forum as Egypt takes over chairmanship of the African Union in 2019; Some …

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Kuwait’s central bank sets up test ground for fintech

Bahrain has created a fintech regulatory unit and Abu Dhabi and Dubai is cultivating a financial startup scene. Kuwait’s central bank has issued regulatory guidelines for companies wishing to experiment with new financial technology products and services, it said on Monday. Kuwait’s regulatory testing framework, known as a ‘sandbox’, will include four phases, with representatives from local banks joining a …

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Bahrain targets ICT to become fintech hub

Bahrain’s Economic Development Board (EDB) has made the kingdom a data destination for Amazon Bahrain’s Economic Development Board (EDB) has made the kingdom a data destination for Amazon and is now keen to leverage the Kingdom’s telecoms connectivity and IT knowledge pool to become a regional fintech hub, said a top official. Khalid Al Rumaihi, CEO of EDB, was addressing …

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UAE students compete for the coveted Curtin University Dubai’s Business Cup Challenge 2018

This year’s competition focused on blockchain technology and the use of cryptocurrency in businesses Curtin University Dubai, one of Australia’s most highly regarded and prestigious universities, gets ready for the grand finale of their acclaimed Business Cup Challenge which will conclude on 24th November at Emirates Institute for Banking and Financial Studies Auditorium. The Business Cup Challenge (BCC), running for …

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MEDLAB explores “Lab of the Future” as the UAE prepares to adopt the use of Artificial Intelligence in the medical laboratory

AI set to significantly change the way that laboratory medicine is performed in the UAE AI predicted to add US$182 billion to UAE’s economy by 2035 with the healthcare industry taking a US$22 billion slice of the gains in its GVA Artificial Intelligence conference takes place from 4-7 February 2019 at MEDLAB Exhibition & Congress in Dubai, UAE Dubai, United …

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Dubai Internet City launches GoFreelance to attract international and local tech talent

Work permit offers freelancers in web, mobile, software development and architecture, IT and telecommunication networking Dubai Internet City (DIC), the largest technology business hub in the region, has launched its GoFreelance permit that will enable freelance talent to work in the technology sector. This product will further enhance Dubai’s global credentials as an incubator that thrives by innovating. Introduced by …

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UAE Minister of Education visits RIT Dubai

H E Hussain bin Ibrahim Al Hammadi, UAE’s Minister of Education, visited Rochester Institute of Technology – Dubai (RIT Dubai) earlier this week. He was given a tour of the facilities and introduced to the innovative education solutions and cutting-edge technologies implemented at the university. H E Hammadi was welcomed by Dr Mohammed Al Zarooni, vice chairman and CEO of …

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Renewal of U.S.-Libya Science and Technology Agreement Increases Opportunities for Youth and Science, Technology, Engineering, and Math (STEM) Educators

On November 15, the U.S. State Department hosted a signing ceremony in the Treaty Room in recognition of the ten-year renewal of the U.S.-Libya Science and Technology Cooperation Agreement. Present to sign the Agreement were Libyan Ambassador Wafa Bughaighis and Principal Deputy Assistant Secretary for the Bureau of Oceans and International Environmental and Scientific Affairs Judith Garber. The renewal of …

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UAE eyes 15-20% FDI increase by 2020- Ministry of Economy official

The UAE last month approved a new law aimed at attracting more investments into the country The United Arab Emirates is expecting a 15-20 percent increase in the flow of Foreign Direct Investment (FDI) into the country between the end of this year and 2020, boosted by a new Foreign Direct Investment law that was passed last month, a Ministry …

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Google Pay launched in the UAE

Google Pay will allow users to make purchases using Android devices at stores Internet giant Google announced the launch of its contactless payment service in the UAE, furhter ramping up the competition sector that is gaining wider acceptance. Google Pay will allow users to make purchases using Android devices at stores that accept contactless payments, as well as across all …

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