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Tag Archives: firms

Chinese firms to invest $300mln in Abu Dhabi

Five Chinese companies will start operations in Abu Dhabi’s industrial zone with an initial investment of $300 million in a boost for the oil-rich emirate’s economic diversification plans. The companies, from Jiangsu province on China’s east coast, are involved in sectors ranging from power and metals to natural resources and banking, Abu Dhabi officials said. Chinese companies are increasingly seizing …

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Bahrain launches new rules for fintech firms

Bahrain’s central bank has issued new rules to create a regulatory unit that will allow financial technology firms to test and experiment banking ideas in a controlled environment. Other global regulators from Hong Kong to Brazil have established similar regulatory incubators to allow fintech firms to experiment with new business models and products without falling foul of financial rules. Bahrain’s …

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UAE firms confident of attaining digital maturity in marketing and promotion by 2018

A survey of over 400 consumer goods retail and manufacturing executives from 27 countries, including executives from the UAE, reveals that companies who want to keep in front of change and secure competitive advantage are transforming themselves into fully integrated omni businesses. For the first time this year, 7100 consumers from 19 countries – including the UAE – were surveyed …

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Entrepreneurial Firms In Bahrain Optimistic To Continue to Grow

Entrepreneurs’ Organization (EO) Bahrain reveals the latest results of the Global Entrepreneur Indicator research project Manama – The latest survey results from the Entrepreneurs’ Organization’s (EO) Global Entrepreneur Indicator research project report an optimistic outlook among local entrepreneurial firms with profit margins and the number of full-time employees expected to increase over the forthcoming months. EO Bahrain chapter president Safa …

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NGOs urged to push for more firms to hand over data

By Puneet Koliparra – SciDev.Net NGOs could play a pivotal role in shaping how the treasure-trove of data held securely by the private sector drives global development, a UN expert has said. Big data has a raft of potential development applications, from measuring outcomes of projects to predicting the spread of diseases. But at last month’s annual conference of Bond, …

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