Friday , 24 January 2020

Tag Archives: investments

Microsoft’s AI Business School Expands Investments to Cover Government and Education Sectors

Microsoft has rolled out a new release of its AI Business School, as part of its efforts to empower governments, businesses decision-makers and education leaders in their digital transformation journeys. “AI has come into mainstream today, and it’s changing how work is done across all sectors and industries. This calls for everyone to skill, upskill and reskill their capabilities in …

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Huawei falls to third spot in GCC smartphone market

The Inaugural Middle East Conference to Feature Notable Business Leaders and Policy Officials from Around the Globe SALT, a top global thought leadership forum, will bring together a diverse and prestigious group of global business leaders, investors and policy experts for its first annual SALT Abu Dhabi conference, which will be held at the Emirates Palace from December 9 to …

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MENA startup update: $517mln investments YTD; UAE top in funding; rise in fintech deals

The UAE remains top recipient of funding, Egypt tops in deals The startup ecosystem is growing quickly in the Middle East and North Africa (MENA), with $517 million being invested in 354 deals in 2019 so far. 2019 year-to-date (YTD) saw $517 million in total funding, an increase of 30 percent compared to the same period of 2018, with a …

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Abu Dhabi’s Mubadala Ventures focuses investments in tech startups

Mubadala’s objective is to become one of the largest global tech investors Mubadala Investment Company is investing millions of dollars in many companies in US and worldwide, according to UAE daily The National, which cited a top executive at the Abu Dhabi–owned state fund. “Mubadala has taken a view that technology is going to become core to a lot of …

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WETEX & Dubai Solar Show present the latest developments, investments and technologies in energy, water, solar, environment and green development

Dubai Electricity and Water Authority (DEWA) is organising the 21st Water, Energy, Technology, and Environment Exhibition (WETEX) under the directives of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and under the patronage of HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance and …

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Mideast firms ramping up investments with an AI on the future

Survey shows 95% believe that AI will have a positive impact on their firm Middle East entities, especially in the UAE and Saudi Arabia, are increasingly streamlining their strategies with artificial intelligence as they see its advantages, which would allow them to keep in step with each other and better respond to the changing needs of their customers, among other …

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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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“Gulf Islamic Investments” raises US.$145 million for Silicon Valley Technology Company “Apttus”

Gulf Islamic Investments LLC (‘GII’), a UAE based Islamic financial services company, today announced the successful closing of US.$145 million fund raising for “Apttus”, a Silicon valley based company delivering Enterprise Class, Software-as-a-Service (Saas) Solutions to complete the Quote-to-Cash customer process and the Procure-to-Pay supplier process. This is the fourth company out of Silicon Valley for which GII has raised …

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Kuwait’s Zain Telecom Group promotes Dr. Andrew Arowojolu to Chief Regulatory Officer

With over 25 years of telecom strategy experience, Dr. Andrew to interact closely with industry and regulatory authorities as well as support the execution of Zain’s unfolding digital lifestyle ambitions Kuwait City – Zain Group, a leading mobile telecom innovator across the Middle East and Africa, announces the promotion of Dr. Andrew Arowojolu to Group Chief Regulatory Officer (CRO), effective …

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Booming education sector creates opportunities in Alternative Investments across the Middle East

Alternative Real Estate investments gain traction. Education sector is leading the way as an increased number of real estate investors, developers and builders seek ‘alternative investments’ to diversify their portfolios The total school age population within the five major Middle East cities of Dubai, Abu Dhabi, Jeddah, Riyadh and Cairo is expected to increase by over 1 million by 2020, …

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