Tuesday , 28 January 2020
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RAKBANK partners with Etisalat to offer business banking solutions at Hello Business Hub

RAKBANK will provide Business Banking solutions at preferential terms to SMBs who visit Etisalat’s specialized business hub. RAKBANK partners with Etisalat to offer business banking solutions at Hello Business Hub United Arab Emirates – The National Bank of Ras Al Khaimah (RAKBANK) today announced a strategic partnership with Etisalat’s “Hello Business Hub”, a one-stop location that enables small and medium …

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UBS names ex-Investcorp exec as Saudi ultra high net worth head

UBS Group has appointed former Investcorp executive, Gabriel Aractingi, as head of its ultra-high net worth business in Saudi Arabia. UBS Group UBSG.S has appointed former Investcorp executive, Gabriel Aractingi, as head of its ultra-high net worth business in Saudi Arabia from February 1, the bank said in an email. Aractingi previously headed the Saudi business for Bahrain-based Investcorp INVB.BH …

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Regulators must adopt emerging tech: Accenture

Innovative products and services are increasingly challenging regulatory processes By Staff Writer, TradeArabia Regulators must embrace the innovative application of emerging technologies, known as RegTech, to enable a more effective regulatory environment, mitigate risks and drive competitive advantage, said leading global professional services company Accenture in a new report. According to the report titled “RegTech for Regulators”, released in collaboration …

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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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Google offers Aramco unlikely route to IPO heaven

Partnership with Google may provoke some outside-the-box thinking Google found Russia-backed ads on YouTube, Gmail Has Saudi Aramco landed on a cunning plan to boost its future stock-market valuation? Certainly, the $2 trillion valuation desired by the kingdom’s crown prince in the oil producer’s forthcoming initial public offering is hard to square with reality. A new partnership with the owner …

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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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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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Omani government working to create 25,000 jobs in six months The announcement came after hundreds of unemployed people demonstrated on Monday

By Marwa Rashad RIYADH – The Omani government said on Thursday it was working to create 25,000 jobs in six months, part of efforts to curb high unemployment in the small, oil-exporting Gulf Arab state. The announcement came after hundreds of unemployed people demonstrated on Monday at the Ministry of Manpower in Oman’s capital Muscat, and another protest in the …

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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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INTERVIEW: JadoPado founder planning cryptocurrency exchange launch

Omar Kassim backs away from blockchain-based real estate venture, citing lack of regional infrastructure Esanjo’s founder Omar Kassim. The new start- up leverages block chain technology to facilitate real estate transactions The founder of the JadoPado e-commerce platform has revealed plans to launch a cryptocurrency exchange. Omar Kassim, who sold JadoPado to regional e-commerce giant Noon last year, told Zawya …

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