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Tag Archives: Investment

Dubai Chamber study shows growth in UAE business competitiveness

The UAE ranks 27th out of 142 countries in the Global Competitiveness Report. Records the first place globally in efficiency of governmental fiscal policy and ranks 5th in the world for cross border trading. Study also highlights challenges in the areas of resolving insolvency and contract enforcement. Dubai, UAE: The UAE ranks as the third-most competitive economy in the region …

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UAE education expenditure up 78 per cent in 2012 as GETEX Autumn 2012 expects bigger turnout from exhibitors, visitors

UAE Government allocates AED 8.2 billion for education or 25 per cent of the total federal budget in 2012 Education expenditure in the UAE now accounts for 25 per cent of the total federal budget, underlining the critical importance of education in the social and economic development agenda of the government. Moreover, the UAE Government has increased its budget for …

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MENA: High-growth companies for regional development

High-growth companies and women’s entrepreneurship are the two key factors to unlock the growth potential in North Africa and the Middle East (MENA). The point was underscored in an OECD report presented at a meeting of the MENA-OECD Working Group on policies for small and medium-sized enterprises (SMEs), entrepreneurship and the development of human capital. The meeting took place at …

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ESCWA Economic Trends in the Region 2011- 2012

During a press briefing to highlight the main findings of the “Survey of Economic and Social Development in the ESCWA Region 2011-2012,” held this morning at the U.N. House in Beirut, Mr. Abdullah Al-Dardari, Director of Economic Development and Globalization Division (EDGD) said that all-time high oil revenue amidst the Arab Spring resulted in growth polarization between major oil exporters …

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EU Ambassador to Jordan: EU – Jordan Relation is Unique

The lecture which was attended by a host of diplomats, government officials and private and public sector representatives tackled the unique bond between the EU and the Kingdom which according to the European Union Ambassador is “at its best.” AMMAN July 16, 2012 HE Ms Joanna Wronecka, Head of Delegation of the European Union/EU Ambassador stressed on the strong and …

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Innovation Crucial in Current Low Growth Economy Say Middle East Manufacturers

  White Paper Including Results from Qatar, Saudi Arabia and UAE Reveals Inadequate Tools and Systems Hinder Innovation-led Strategies Dubai, United Arab Emirates, 08 February 2012 – Manufacturers are investing in product innovation and added value services as a means to compete and drive growth according to IDC Manufacturing Insights’ latest white paper, In Pursuit of Operational Excellence: Accelerating Business …

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Prince Alwaleed Meets Twitter Management in New York

HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company ( KHC ), met with Mr. Dick Costolo, CEO of Twitter, Mr. Ali Rowghani, CFO of Twitter and Mr. Suhail Rizvi from Twitter at The Plaza Hotel in New York on Monday 6th February 2012 during His Royal Highness’s trip to the U.S. Prince Alwaleed was accompanied …

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Presidential Affairs Ministry of Abu Dhabi provides Egypt’s Al-Azhar with AED $42 million

The construction of Al Azhar library will act as the kick-off project for $3 billion commitment signed last year The Ministry of Presidential Affairs on Wednesday signed a Memorandum of Understanding (MoU) with Egypt’s Al-Azhar to provide $42 million in funds to support the University’s educational and cultural projects. This initiative comes as part of the $3 billion commitment signed …

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Energy Trends in Africa: Will Africa be the Global Green Energy Leader?

Frost & Sullivan Host a Complimentary Web Conference With the latest supply of power grids, power generation efficiency and movement toward energy-efficient buildings, Africa is at the brink of a green energy revolution – or is it really? The Frost & Sullivan Energy and Power Systems business unit will be hosting a complimentary web conference that will be contextualising the …

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Alkhabeer Capital to Launch an Extensive Investment Programme Worth SAR1.5 Billion and Includes the United Kingdom

  Jeddah, KSA, 1 July 2012 – Alkhabeer Capital, the Jeddah-based boutique investment and asset management firm, announced that is currently planning a $400 million (SAR1.472 billion) investment programme to be rolled out over the next two years. The firm intends to raise three funds targeting a total of SAR525 million including, for the first time, a fund targeting investments …

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