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Tag Archives: UAE

Al Habtoor founder open to IPO after 2020

The Group is the powerhouse behind real estate mega project, Al Habtoor City By Staff Writer, CPI Financial Khalaf Ahmad Al Habtoor, founder of the Al Habtoor Group (The Group), believes 2018 will be a much better year for businesses in the UAE after a tough year in the previous 12 months. The Chairman conceded 2017 had been a challenging …

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Dubai Quality Group kicked off the 15th Cycle Emirates Women Award 2018 to empower UAE professional & Business Women

The Submission Deadline for Emirates Women Award on 12th April 2018. Under the theme “Wisdom, Goodness and Giving”, Dubai Quality Group kicked off the 15th Cycle of Emirates Women Awards (EWA), under the patronage of H.H. Shaikh Ahmad Bin Saeed Al Maktoum, Chairman and Chief Executive Emirates Airline & Group, to empower UAE professional & Business Women (National and residents) …

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Seed investments: The ideas the UAE is backing to help boost rainfall levels

Zawya speaks to the three scientists whose ideas have received $5 mln via this year’s Rain Enhancement Programme. By Nada Al Rifai, ZAWYA As the United Arab Emirates navigates the path to raise its water security levels, the arid Gulf country is funding a number of new research ideas aimed at boosting rainfall. The UAE’s Rain Enhancement Programme this year …

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UAE leads MENA in digitisation: Report

Digitisation continues to take the global economies by storm The UAE is now leading the MENA region with an impressive 16.4 percent in digital penetration, according to a detailed report by Al Masah Capital Limited titled, “Digital Banking – ME Trends”. “Digitisation continues to take the global economies by storm. As a revolution whose uptake in the Middle East and …

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First Abu Dhabi Bank launches ‘payit’, UAE’s first fully-featured digital wallet

Staff Writer, WAM (Emirates News Agency) ABU DHABI- First Abu Dhabi Bank, FAB, has launched ‘payit’, the country’s first fully-featured digital wallet, in support of the UAE’s goal to become a cashless economy. The safe and secure service is available to anyone with a valid Emirates ID. Using ‘payit’, Emiratis and residents can send and receive money instantly 24/7, make …

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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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