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Tag Archives: investments

Saudi Arabia plans up to $11 bln investments in water sector in 2018

The largest desalinated water investment will be in Jubail 3 Image used for illustrative purpose. A worker stands at a desalination plant, 35 lm south of Riyadh, May 4, 2011. By Nada Al Rifai, ZAWYA Saudi Arabia is attracting investments worth $11 billion into large-scale water projects across several regions of the kingdom, primarily in water desalination, a Saudi official …

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“Gulf Islamic Investments” raises US.$145 million for Silicon Valley Technology Company “Apttus”

Gulf Islamic Investments LLC (‘GII’), a UAE based Islamic financial services company, today announced the successful closing of US.$145 million fund raising for “Apttus”, a Silicon valley based company delivering Enterprise Class, Software-as-a-Service (Saas) Solutions to complete the Quote-to-Cash customer process and the Procure-to-Pay supplier process. This is the fourth company out of Silicon Valley for which GII has raised …

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Kuwait’s Zain Telecom Group promotes Dr. Andrew Arowojolu to Chief Regulatory Officer

With over 25 years of telecom strategy experience, Dr. Andrew to interact closely with industry and regulatory authorities as well as support the execution of Zain’s unfolding digital lifestyle ambitions Kuwait City – Zain Group, a leading mobile telecom innovator across the Middle East and Africa, announces the promotion of Dr. Andrew Arowojolu to Group Chief Regulatory Officer (CRO), effective …

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Booming education sector creates opportunities in Alternative Investments across the Middle East

Alternative Real Estate investments gain traction. Education sector is leading the way as an increased number of real estate investors, developers and builders seek ‘alternative investments’ to diversify their portfolios The total school age population within the five major Middle East cities of Dubai, Abu Dhabi, Jeddah, Riyadh and Cairo is expected to increase by over 1 million by 2020, …

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Technology startup sector in MENA grows by ten-fold according to BECO Capital

Dubai – BECO Capital, a regional venture capital firm focused on technology investments in the Gulf Cooperation Council (GCC) countries, today said that the tech entrepreneur sector has grown by over ten-fold since the nascent Venture Capital industry emerged four years ago, allowing for more and better quality investments in promising startups. Dany Farha, Co-founder and CEO of BECO Capital …

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Solar energy investments will help achieve net zero energy buildings, say experts at EmiratesGBC Focus Day

Dubai, UAE: The UAE has the right regulatory environment to foster solar energy investments, which will help achieve net zero energy buildings to support the nation’s sustainable development goals, experts said at a Focus Day organised by the Emirates Green Building Council ( EmiratesGBC ). An independent forum aimed at conserving the environment by strengthening and promoting green building practices, …

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17th Arab Investors and Businessmen Conference 2015 to highlight relationship between renewable energy and investments

To be held under the patronage of HH Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE: Dubai, UAE: The 17th Arab Investors and Businessmen Conference (ABIC), which will be held under the patronage of HH Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, will highlight investment in renewable energy and its relevance to innovation and leadership. …

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UAE signs agreement on mutual encouragement and protection of investments with the Republic of Mauritius

On behalf of the UAE, the Ministry of Finance (MoF), signed yesterday an agreement on mutual encouragement and protection of investments with the Republic of Mauritius. This is following the Ministry’s commitment to strengthen the UAE’s role and its position both locally and internationally, and specifically in fields related to the UAE’s economic development, foreign investment network, and providing the …

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Investments in solar energy to reach USD50bn in the next decade

Opportunities arising from Dubai’s massive push for energy renewables to be highlighted at the inaugural MEED Dubai Clean Energy Forum, in partnership with DEWA and under the patronage of the Ministry of Energy Dubai – Arab nations are poised to make significant investments in solar energy, estimated at $50bn over the next ten years, as part of a push to …

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Think Tech: ICT investments accelerating Middle East’s development agenda

The Middle East has been a seedbed of cutting-edge science and technology for centuries. It gave the world the word ‘algebra’ and local doctors were already surgically removing cataracts and treating kidneys at a time when Europe was still using leeches. Europe relied heavily on knowledge culled by Arab innovators to emerge from the Dark Ages and step into the …

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