Monday , 26 February 2018

Tag Archives: Featured

Oman signs $210mln Saudi financing for key industrial project

Deal could help to ease concern about the health of Oman’s finances. Image used for illustrative purpose. A bank employee counts one hundred dollar notes at a bank in Seoul February 26, 2009. Image used for illustrative purpose. A bank employee counts one hundred dollar notes at a bank in Seoul February 26, 2009. Oman’s government has signed to obtain …

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Don’t hike fees due to VAT, UAE banks told

Central bank tells financial companies that they will absorb applicable VAT until further instructions UAE – The Central Bank of the UAE has asked local banks not to increase the existing fees for customers due to the upcoming value added tax (VAT). “Banks and finance companies will not be permitted to exceed the fees structure for individual customers because of …

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Meeting of Arab Ministers of Higher Education and Scientific Research concludes

The Arab Ministers of Higher Education and Scientific Research have highlighted the importance of coordinating plans for higher education and scientific research to cope up with the needs the labour market in the Arab countries and the priorities of their respective national plans for sustainable development. Concluding their 16th meeting at the Arab League HQ on Wednesday, the ministers urged …

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Competitive Advantage: UAE start-ups invest in cloud computing tech

72 per cent of all start-ups spend less than $50,000 on IT annually Startups across the UAE are increasingly looking to invest in cloud computing technologies to help themselves gain a competitive advantage in the market, new data by the Dubai Silicon Oasis Authority (DSOA) has shown. The Cloud Report 2017, commissioned in partnership with IBM and produced by Thomson …

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Career in UAE: Will your pay hike beat VAT?

Salary increases in 2018 will be based on skills shortages and performance As the New Year approaches, employees generally look forward to pay raise and bonuses, hoping that their efforts will be rewarded through monetary benefits. But that is not the case all the time. With some sectors growing faster than others, the chances for increment and job opportunities are …

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ITFC, Afreximbank join Efforts to Support African Trade with $100 Million and €50 Million Murabaha Partnership Agreements

On the sidelines of the Afro-Arab Trade Finance Forum The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group, and the African Export-Import Bank (Afreximbank) (Afreximbank.com), a multilateral financial institution established by African governments and institutional investors, have signed a US$100-Million agreement and a EUR 50-Million Murabaha agreement with the aim of facilitating and financing …

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Careem Launches Student Ambassadors Program in Jordan

Careem, the leading ride-hailing service in the MENA region, Turkey, and Pakistan, has announced the launch of its Careem Ambassadors Program, which provides university students in Jordan with the opportunity to learn invaluable skills and take their career prospects to new heights. Students from a number of local universities – including the University of Jordan, Princess Sumaya University for Technology, …

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Honoris United Universities announces planned expansion in Egypt

Regent Business School signed a Memorandum of Understanding with the Ministry of Higher Education to establish a branch in the country Honoris United Universities (www.Honoris.net), the first private pan-African higher education platform, announced that its network institution in South Africa, Regent Business School (https://Regent.ac.za), has signed a Memorandum of Understanding (MoU) with the Egyptian Ministry of Higher Education to establish …

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GCC tech companies close gender gap to unlock $100trillion in global GDP

Ann Gallo, chief communications officer of Hitachi Vantara, recently spoke at The Marketing Society UAE’s Leadership Breakfast, sharing her insights as the GCC technology companies work to close the gender gap and increase corporate competitiveness to unlock nearly $100 trillion in global GDP by 2025. Women in the GCC represent only two per cent of board positions and 13 per …

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flydubai touches down at Kilimanjaro International Airport

As part of the inaugural programme, flydubai showcased its new Boeing 737 MAX 8 aircraft which it unveiled for the first time at the Dubai Airshow in November 2017 flydubai becomes first UAE airline to provide direct air links to Kilimanjaro Dubai-based carrier expands network in Africa to twelve destinations with 14 flights a week Kilimanjaro becomes third point in …

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