Thursday , 22 November 2018

Tag Archives: Investment

UAE eyes 15-20% FDI increase by 2020- Ministry of Economy official

The UAE last month approved a new law aimed at attracting more investments into the country The United Arab Emirates is expecting a 15-20 percent increase in the flow of Foreign Direct Investment (FDI) into the country between the end of this year and 2020, boosted by a new Foreign Direct Investment law that was passed last month, a Ministry …

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DWS Group acquires stake in digital investment platform Neo Technologies

DWS Group enters into a strategic partnership and acquires an equity stake of 15% in Neo Mena Technologies Neo Technologies is a first mover in digital asset management solutions for financial institutions in the MENA region, based out of the Dubai International Financial Centre Neo team has worked with NBK Capital to launch Kuwait’s first digital investment service DWS Group …

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DIFC will make first investment from $100mln fintech fund “shortly”

Fund is “in the process of being seeded and structured as we speak”, says chief business development officer Salman Jaffery The first investment to be made from the $100 million financial technology (fintech) fund launched by Dubai International Financial Centre (DIFC) is set to be made “shortly”, according to the centre’s chief business development officer, Salmaan Jaffery. Speaking to Zawya …

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Abu Dhabi Investment Office’s $1.36bln projects to boost economic diversification

Abu Dhabi is looking at a big push into the tourism sector. UAE – Abu Dhabi Investment Office is giving wings to the Government’s Vision 2030 of economic diversification with real estate projects worth Dh5 billion. ADIO adviser Mohamed Al Hosani said Delma Island – considered the most difficult place to invest – will see massive uplift with implementation of …

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Education in the Middle East and North Africa

ACHIEVEMENTS The Middle East and North Africa Region (MENA) has taken great strides in education. It has quadrupled the average level of schooling since 1960, halved illiteracy since 1980 and achieved almost complete gender parity for primary education. Access: Enrolment in the region’s school systems has increased significantly over the past decade to the point where universal primary education has …

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Will Morocco’s Chinese-Funded ‘Tech City’ Ever Break Ground?

In the desert scrubland of Morocco’s Tangier region, a donkey laden with water bottles trots down a pebble lane chased by two small children. A farmer herds his cows in the near distance. Crickets leap in the dry grass. It’s within these gently undulating hills, just inland from the coast, that China plans to build an entire city that will …

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All about the green: UAE’s wealthy more likely to invest sustainably

Zawya Express presents the top story, topic or trend highlighted by our editorial team as recommended weekend reading Wealthy individuals from the United Arab Emirates are more likely to place a part of their portfolio in sustainable investments than their global counterparts, according to Swiss investment bank UBS. The bank’s latest UBS Investor Watch report issued on Thursday found that …

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UAE’s Khalifa Fund calls entries for entrepreneurs contest

Pitch@PalaceGCC to encourage innovation among the youth and promote SMEs. Khalifa Fund for Enterprise Development is inviting creative entrepreneurs to participate in the second edition of ‘Pitch@PalaceUAE’ and the first edition of ‘Pitch@PalaceGCC to encourage innovation among the youth and promote SMEs. Pitch@Palace plays a vital role in supporting innovative enterprises and ideas at the local and regional levels, with …

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All quiet on the investment front?: Middle East venture capital funding lower, but market conditions remain positive, funders say

The $112 million raised in VC funding by Mena firms is lower than 2016 and 2017 when big bets were made on Souq.com and Careem Still, Wajdi Ghoussoub, associate director of venture capitalist firm Middle East Venture Partners (MEVP), did not think that the lower value of money invested was an issue for concern. In response to questions by email, …

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UAE stocks attract foreign investors as H1 results continue

By Zawya- Mahmoud Gamal, Mubasher Listed-stocks have recently hit record highs on the back of the interim financial results The UAE stock markets are currently gaining accumulations by foreign investors as listed-stocks have recently hit record highs on the back of the interim financial results, analysts told Mubasher. Most institutional investors in the UAE’s twin bourses were buyers during Sunday’s …

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