Monday , 24 September 2018

Tag Archives: Dubai

Dubai marches towards becoming the smartest city

Dubai government is saving Dh5.6 for every one dirham spent by Smart Dubai Dubai’s march towards becoming the world’s first smartest city continues unabated as the emirate has been ranked the ‘Most Innovative City’ in the region. It is also No.1 for deployment of smart city applications and has the highest awareness, usage and satisfaction among its residents. Industry executives …

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Fujitsu Implements Enterprise IT Service Management Solution for Dubai Silicon Oasis Authority

The cloud-based solution ensures higher operational efficiency through automated policies and processes Fujitsu has implemented an Enterprise IT Service Management solution for the Dubai Silicon Oasis Authority (DSOA), underlining its expertise in delivering end-to-end solutions for major enterprise clients. The new solution will enable DSOA to achieve higher levels of operational efficiency and productivity through automated policies and processes. Fujitsu …

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Work on University of Balamand Dubai campus completed

Dubai Investments, a leading, diversified investments company listed on the Dubai Financial Market, has announced that the new campus of its wholly-owned subsidiary University of Balamand Dubai [UOBD] is fully complete and ready to welcome students strating from next month. The UOBD campus, spread across 8,000 sq m at Dubai Investments Park [DIP], offers the most-modern classrooms, three laboratories for …

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Dubai Technology Entrepreneur Centre to host AngelHackathon Dubai Hackathon 2018

The Dubai edition will run on August 3 and 4, 2018 Dubai Technology Entrepreneur Centre (Dtec), DSOA’s wholly owned technology startup center that is the largest of its kind in the Middle East, today announced that it will host the Dubai edition of AngelHack’s Global Hackathon Series 2018. Conceptualized by AngelHack, a leading global entrepreneurial community based in San Francisco, …

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DIFC’s Class of 2018: The new additions to Dubai’s main financial hub

Zawya Express presents the top story, topic or trend highlighted by our editorial team as recommended reading to start your working day Dubai International Financial Centre (DIFC) has reported that the number of registered companies within the finance-focused free zone rose 8 percent to break through the 2,000 mark during the first half of 2018, with some of the new …

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SMEs contribute over half of Dubai’s new jobs – study

Zawya Express presents the top story, topic or trend highlighted by our editorial team as recommended reading to start your working day Dubai’s small and medium enterprise (SME) sector contribute 52.4 percent of jobs created in the emirate and 47 percent of its economic output, according to a joint study between Dubai SME and Dubai Statistics Centre. Initiated during the …

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DIFC collaborates with France’s Finance Innovation to promote fintech growth

The collaboration will support the development of the fintech ecosystem in both markets Dubai International Financial Centre (DIFC) has signed a Memorandum of Understanding (MoU) with Finance Innovation, France’s official innovation cluster for the financial industry, based in Paris. The collaboration will support the development of the fintech ecosystem in both markets and facilitate knowledge sharing and collaboration between their …

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Merger with $1bln US start-up was “opportunity of a life”, says Dubai entrepreneur

Faizal Kottikollon says KEF Holdings’ tie-up with Katerra allows it to instantly become a global player Dubai-based entrepreneur Faizal Kottikolon has said that a decision to sell his four-year old company, KEF Holdings, to a Silicon Valley-based competitor backed by $1 billion worth of venture capital was motivated more by a desire to see it succeed than any financial reward …

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Dubai to cut municipal fees, freeze school costs in stimulus effort

The council also decided to scrap 19 fees related to the aviation industry and waived late payment fees on property registrations for 60 days Dubai’s government said it would reduce municipal fees, scrap some aviation charges and freeze school costs in the latest of a series of efforts to stimulate economic growth, which has been hindered by weak real estate …

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Dubai Aerospace signs $480mln loan deal

The $480mln loan, which includes both conventional and Islamic finance tranches, has “accordion facility” allowing it to be increased to $800 mln By Davide Barbuscia, Reuters News DUBAI- Dubai Aerospace Enterprise (DAE), one of the world’s largest aircraft lessors, said on Monday it had signed a four-year loan deal for $480 million. DAE, a government-controlled company set up in 2006, …

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