Wednesday , 20 November 2019

Tag Archives: Economic Growth

Wamda marks a decade of entrepreneurship at Area 2071 in Dubai

Wamda and Area 2071 hosted a panel discussion on Wednesday, November 6, to discuss the growth of the startup ecosystem over the past decade, and investigate the challenges that remain to be addressed. The event opened with remarks by Khalfan Juma Belhoul , chief executive officer (CEO) of Dubai Future Foundation. Moderated by Wamda executive chairman Fadi Ghandour, the session …

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Egypt- Women as Engines of Economic Growth

The Arab International Women’s Forum (AIWF) and the American University in Cairo (AUC), jointly held a major conference on Tuesday as part of the AUC’s centennial celebration dubbed ‘Women as Engines of Economic Growth.’ The conference focused on empowering women innovators, entrepreneurs, executives, and educators toward the fulfilment of the United Nation’s Sustainable Development Goals (UNSDGs) in the Middle East …

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Scale-ups offer significant opportunity for public and private sectors in MENA to accelerate economic growth

Scale-ups are SMEs with a proven business model that are poised for exponential growth Scale-ups have a higher impact on economic growth. In MENA, they are estimated to generate 3.4 times more revenues and 8 times more jobs than SMEs Strategy& and Endeavor assessed the state of the Scale-ups eco-system in the region and outlined the priorities for five key …

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Holding the key: SMEs play major role in economic growth but struggle to gain bank funding

Small and medium-sized enterprises (SMEs) need better access to finance instead of being forced to pay high interest rates and stringent conditions to gain bank loans, a new report states. However, the report published last week by Allied Investment Partners (AIP) adds that governments in the Gulf Cooperation Council (GCC) are addressing the issues faced by SMEs with a number …

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GSMA Welcomes South Africa’s Move to Foster Digital Inclusion and Economic Growth Through Mobile

Government of South Africa Adopts Harmonised Channel Plans for Digital Dividend Spectrum Following the publication of the South African Government’s Final Radio Frequency Spectrum Assignment Plans1, Tom Phillips, Chief Regulatory Officer, GSMA, commented: “The GSMA congratulates the Government of South Africa on its decision to adopt the harmonised spectrum channel plans for the use of the 700MHz and 800MHz bands, …

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du’s robust telecommunications infrastructure provides foundation for UAE’s economic growth

Speaking at a panel organised by the Telecommunications Regulatory Authority during GITEX 2014, Saleem AlBlooshi, Executive Vice President – Network Development & Operations, du , highlighted the critical role that du ‘s infrastructure is playing to drive economic activity in the region. AlBlooshi said: “In today’s digitised world, we are playing a critical role in the development of the UAE …

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QNB Group: Qatar’s Non-Hydrocarbon Sector Continues to Drive Economic Growth

The non-hydrocarbon sector in Qatar continues to drive economic growth, supporting the diversification of the economy. Real GDP growth accelerated to 5.7% in Q2 2014, from a revised 5.4% in the previous quarter, according to figures released last Tuesday by the Ministry of Development Planning and Statistics (MDPS). Rapid growth in the non-hydrocarbon sector (11.3%) was spurred by large investments …

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Securing Reliable Energy Sources Fundamental to Sustaining Future Economic Growth, UAE Minister of Energy Says

UAE Minister of Energy, Sri Lanka Minister of Petroleum Industries Among Senior Officials to Address 5th Gulf Intelligence U.A.E. Energy Forum in January The United Arab Emirates is committed to developing a well-diversified and efficient energy portfolio that will sustain future economic growth and support the country’s position as a reliable supplier of crude oil to global markets, U.A.E. Energy …

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