Tuesday , 28 January 2020
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8 Egyptian Tech Startups Participate at CES 2020

ITIDA, which is the executive IT arm of the ministry of ICT in Egypt is funding the local startups’ participation to attract big global companies and investments as part of the agency’s mandate to help these companies enter the global market to scale up their operations. With a focus on disruptive and emerging technologies like artificial intelligence (AI), augmented reality …

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Growth seen among Qatar’s tech SMEs, says Qatari entrepreneur

Backed by public and private sector support, Qatar’s small and medium-sized enterprise (SME) ecosystem has experienced steady growth in the past years, especially in the technology sector, according to a Qatari entrepreneur. Asked about digitisation and use of technology among startups and SMEs in Qatar, hapondo co-founder Abdulla al-Fadhala lauded the government for providing entrepreneurs with incubation facilities, such as …

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Oman 2020 budget projects modest rise in spending, deficit at 8% of GDP

Oman’s government expects to increase spending this year by 2% Oman’s government expects to increase spending this year by 2% to 13.2 billion rials ($34.38 billion), but its fiscal deficit will remain high at 8% of gross domestic product (GDP), its state news agency said on Wednesday. The government expects a deficit of 2.5 billion rials in 2020, slightly lower …

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Deloitte announces admission of over 60 partners, directors and principals in the Middle East

Over 230 partners from Deloitte gathered in Dubai in early November 2019 for the Middle East’s regional annual partners meeting. The meeting’s theme was “Disrupt the norm” and focused on new pervasive trends such as digital, cloud, analytics, and artificial intelligence (AI) affecting the business environment. Senior partners from the global Deloitte network, including Sharon Thorne, Global Board Chair, David …

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Bahrain’s Tamkeen spent $2.65bln on support programmes

Tamkeen’s programmes witnessed a tremendous transformation. Tamkeen (Labour Fund) hase spent more than BD1 billion on various support programmes and initiatives, its chairman Shaikh Mohammed bin Essa Al Khalifa said. He was speaking at Tamkeen’s annual Consultation Forum yesterday. The forum invited partners from various sectors in Bahrain, including startups, SMEs, individuals and other stakeholders that play an important role …

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Three e-businesses compete in the final judging round of 5th KIPCO Tmkeen Award for Young Entrepreneurs

KIPCO – the Kuwait Projects Company – and the Youth Empowerment Organization (Tmkeen) held the final judging round to determine the winner of the Fifth KIPCO Tmkeen Award for Young Entrepreneurs. Competing in the final round were three e-media and technology businesses: Drop In (@dropin_kw) – a local concierge application that allows you to place orders from stores near you; …

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UAE marching towards becoming a $500bln economy

Leadership determined to scale new heights by boosting all sectors. Rapid economic diversification underpinned by a string of bold reforms and a series of government stimulus measures are set to drive UAE growth at a steady pace as its gross domestic product (GDP) remains on track to surpass the $500 billion mark over the next few years. The latest projections …

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Travel community looks to tech for success in 2020

New sophisticated tools are helping travel companies within the region to better identify, understand, and connect with travellers. As the travel and tourism industry remains a pillar of many GCC economies, executives at Amadeus have previewed some of the emerging technologies and business models that will lead to better experiences for travellers in 2020 and beyond. During a recent forum …

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Investors, take note: Top five UAE investment opportunities for 2020

At the moment, from a geopolitical perspective, the Middle East region and the UAE look reasonably stable relative to historical trends. In a wide-ranging interview Anita Yadav, CEO of Century Financial, picks the investment opportunities available in the UAE. What would be the top 5 investment opportunities for investors in UAE for 2020? Right now in the UAE there is …

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Looking for a job in 2020? Opportunities, salaries you should expect in UAE

Specific industries in the UAE are poised to experience significant market-range salary increases in 2020. UAE salaries will remain broadly flat across most sectors next year, but people working in Saudi Arabia will have good reason to cheer, as salaries across many sectors are expected to go up by at least 3 percent. According to the Salary Guide for the …

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