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Tag Archives: UAE

UAE Ministry of Finance counts down to Finovate Middle East

More than 400 leaders in the fintech industry will gather in Dubai this month. DUBAI- More than 400 leaders in the fintech industry will gather in Dubai this month to showcase innovation in their sector, highlighting the future of fintech for the global and regional markets. Held in partnership with the UAE Ministry of Finance, MoF, and showcasing the latest …

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Space, the next frontier for UAE-India cooperation

In February last year, for instance, the UAE chose India as a partner to launch its nanosatellite Nayif-1 into space. Image used for illustrative purpose. Space satellite orbiting the earth on a background star sun. Elements of this image furnished by NASA. Image used for illustrative purpose. Space satellite orbiting the earth on a background star sun. Elements of this …

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CEO of Dubai’s BitOasis exchange says UAE’s crypto concerns are “positive”

Zawya Express presents the top story, topic or trend highlighted by our editorial team as recommended reading to start your working day Representation of the Bitcoin virtual currency standing on the PC motherboard is seen in this illustration picture. The CEO and co-founder of Dubai’s popular cryptocurrency exchange BitOasis, Ola Doudin, has said that Sunday’s statement by the United Arab …

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KhalifaSat: Dubai ruler inspects first UAE-made satellite

Emirati engineers are the first in the Arab world to construct a satellite without foreign assistance The ruler of Dubai, Sheikh Mohammed Bin Rashid Al Maktoum, walks toward the United Arab Emirates stable during a veterinary check at the equestrian endurance competition at the 15th Asian Games in the desert outside Doha December 14, 2006. The ruler of Dubai, Sheikh …

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UAE stands to be a big winner from China’s $900bln Belt & Road plan – report

By: Michael Fahy, ZAWYA Ancient trade routes from China through central Asia by rail (Belt) and to Africa and beyond by sea. The United Arab Emirates has been ranked as third in a global index of nations that stand to benefit most from China’s Belt and Road Initiative, according to a new report released on Tuesday by property consultancy Knight …

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UAE ranked 13th most promising economy for investment

Ranking reflects UAE’s liberal and investment-friendly business policies Staff Writer, Khaleej Times The UAE has been named the 13th Most Promising Home Economy for Investment in 2017-19 according to a survey conducted by the United Nations Council for Trade and Development (UNCTAD) and Investment Promotion Agency (IPA) Observer. The ranking, published in the UNCTAD’s recently released annual World Investment Report …

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UAE and Saudi Arabia forecast to be big markets for IT spending in 2018 – expert

IT spending in UAE expected to rise to $7.7bln this year Image for illustrative purposes. Saudi shoppers spent 4,000 riyals each online last year, according to the government’s Communications and Information Technology Commission. Yasmine Saleh, ZAWYA The United Arab Emirates and Saudi Arabia are forecast to be among the biggest markets for information technology (IT) spending in the Middle East …

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UAE Space Agency highlights Mars Mission challenges at CABSAT 2018

Importance of the country’s space programme highlighting challenges faced by his team in the region. DUBAI- Dr. Mohammed Nasser Al Ahbabi, Director-General of the UAE Space Agency, has delivered a keynote session on the importance of the country’s space programme highlighting challenges faced by his team in the region, while planning for their mission to Mars. The talk was given …

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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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