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Tag Archives: Finance

Abu Dhabi Council for Economic Development receives Singapore Management University Students

Abu Dhabi – Abu Dhabi Council for Economic Development (ADCED) received a student delegation from the Singapore Management University (SMU), as part of their “Business Study Mission” course at the SMU. This is the fourth time such a delegation from SMU visits ADCED. The visit came in line with ADCED’s programme of educational and professional development where opportunities are made …

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Launch of the 2012 African Economic Outlook

Special theme: Promoting Youth Employment All data on AfricanEconomicOutlook.org will be available as of 10:00 EAT (CEST/UTC+2) Monday, 28 May, 2012 to coincide with the release of the eleventh edition of the African Economic Outlook at the Annual Meetings of the African Development Bank in Arusha. In addition to economic forecasts for 2012 and 2013, the updated website features a comprehensive analysis of …

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Tunisia deal with India opens developing country links

This article was originally published on the SciDev.Net Website 23 May 2012. Tunisia and India increase co-operation, spending US$8-million to fund research in  biotechnology and medical sciences.  Tunisia is taking its first steps towards boosting scientific links with other developing countries following the 2011 revolution that overthrew a government perceived to be more concerned with politics than science. Following calls from the …

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MENA Political and Economic Forecast

The AKE Intelligence department has issued new analysis on a number of countries in the Middle East and North Africa. The findings have been published on Global Int AKE – AKE‘s worldwide risk analysis website. The department predicts economic growth in Kuwait, Lebanon and the United Arab Emirates, but the Eurozone crisis will have a knock-on effect on several economies. Israel will continue to threaten …

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NBAD Launches Sukuk Income Fund

Abu Dhabi: The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, has launched its Sukuk Income Fund, a unique product investing in Sharia’h-compliant investment instruments that offers investors attractive returns with low levels of risk. The NBAD Sukuk Income Fund is an open-ended and actively managed product targeting a profit rate of 5% based on …

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Injazat: Businesses must head to the clouds to meet evolving market demands

Cloud computing is widely regarded as the next big trend in enterprise IT. However, many organizations remain hesitant to adopt the technology, arguing that it is still in its nascent stages. Industry experts counter that the value proposition of doing business on the cloud is too substantial to ignore and is the right direction to take to ensure strong and …

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Bonn meeting commits to COP17 outcomes

Representatives from the 32 countries in the United Nations Framework Convention on Climate Change (UNFCCC) negotiating blocs have expressed determination to build on the strong momentum of the Durban UN climate talks. The representatives, who met in Bonn, Germany, this weekend, looked at what needed to be done to ensure that key decisions that emerged from the Durban conference were …

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Africa Analysis: Taking charge of university fundraising

Stunning fundraising success at Stellenbosch University is a model for others in Africa, but leadership is crucial, says Linda Nordling. Stellenbosch University (SU) in South Africa has achieved a feat that could change how African universities view their financial plight. Last month, the university announced it has attracted record investment from external sources amid the global economic downturn — showing what is possible …

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UAE: Contracts worth over AED 800 million signed at ‘DEAL 2012’

  Over 200 firms from across 30 countries and over 6000 trade visitors were at the show  Dubai, UAE, April 26th, 2012: International Expo Consults (IEC), a division of UAE’s multi-faceted business conglomerate – Falak Holding, stated that exhibitors at this year’s DEAL show have signed contracts worth over AED 800 million. These contracts were for all the equipments, rides …

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The Rise of Social Safety Nets in Africa

Social safety nets are taking off across Africa, where more than 120 cash transfer programs have been set up in the past 10 years alone. There is growing evidence that they significantly help to reduce poverty. In Rwanda, for example, the government has attributed rapidly falling poverty between 2006 and 2011 partly to the Vision 2020 Umurenge program of public …

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