The Dubai Chamber of Commerce and Industry recently led a study mission to Russia and Belarus which explored business potential within the countries’ IT markets, as well as prospects for new partnerships and joint ventures in several innovation-focused …
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Matthias Knab
Mr. Knab has frequently served as chairman of hedge fund conferences in New York, Greenwich, Tokyo, Shanghai, Hong Kong, Miami, Bahamas, Stockholm, Dubai etc. In addition, he has presented or moderated at hedge fund events in London, Geneva, Zurich …
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New $100-million hospital to open in Sharjah
Sharjah: The Sharjah Healthcare City (SHCC) Authority on Tuesday announced that Abu Dhabi-based Ahalia Group has been given the permission to set up a $100-million, 120-bed hospital in the emirate. This multi-speciality hospital spread across 50,000 square …
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UAE passport now 23rd most powerful in world
Dubai: The UAE has consolidated its position as one of the world’s most powerful passports, now ranked 23rd globally and offering more ease of travel to its citizens. The latest update to the Henley & Partners Passport Index released on Tuesday showed …
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UAE Power Tools Market 2018-2024 By Technology, Tool Types, Verticals, Regions and Competitive Landscape
The “UAE Power Tools Market (2018-2024): Market Forecast By Technology (Electric Power Tool and Pneumatic Power Tool), By Tool Types (Metal Segment, Concrete Segment, Wood Working Segment and Others), By Verticals, By Regions and Competitive Landscape …
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Indian AI Startup Staqu to assist Dubai Police with its AI-based predictive policing technology
Staqu, Gurgaon-based Artificial Intelligence start-up has been selected to assist Dubai police in reducing the crime rate, with its AI-powered predictive policing technology. Staqu made its way to the top slot, out of the 677 applications received by the …
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Dubai telco du says ready to offer 5G network this year
This was recently demonstrated at du’s headquarters in Dubai Media City. It added that preparation … is only expected in 2019 as standards and technologies are still being finalised. “As a transparent and innovative company, we are excited to announce …
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Dubai’s Biggest Bank Bets $3.2 Billion on Turkey’s Wild Ride
Emirates NBD PJSC is buying the lender from Russia’s Sberbank at a time when the country is struggling with a plunging currency, a wave of debt restructurings, looming elections and political meddling in the finance industry. The purchase is both Turkey …
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Ramadan: Abu Dhabi has grown, so have iftar tents
Abu Dhabi: In Ramadan, days are quieter and nights are bustling with activities in Abu Dhabi whereas in the older days, the situation was just the opposite when a small community resided in the capital. Dr Qaiser Anis, 65, who has been residing in Abu …
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Winning the digital banking battle
McKinsey’s latest research reveals that at least 80 per cent of urban consumers in the UAE now prefer to do a portion of their banking through digital channels. The new digital banking experience is about agility, mobility, connectivity, efficiency and …
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UAE Ministry issues stern warning over skipping school
Dubai: The pupils’ attempt to cut classes during exam week has not escaped the eye of authorities. The UAE Ministry of Education has issued a warning to children about missing school, and emphasised that pupils walking around the city during exam week is …
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Personal finance in the UAE: Residents track finances better but struggle with saving and debt
While UAE residents are keeping better tabs on their finances with fewer living beyond their means, saving and staying on top of debts is now a struggle, a new personal finance index from Abu Dhabi Islamic Bank has revealed. According to the bank’s …
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UAE’s credit profile reflects support from hydrocarbon reserves
The UAE’s very high fiscal strength reflects the country’s record of large fiscal surpluses and build-up of very large financial assets in Abu Dhabi’s sovereign wealth fund (ADIA). Although the general government fiscal position deteriorated significantly …
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Artificial intelligence set to add $182bn to UAE economy by 2035
Artificial intelligence (AI) technology may boost the UAE’s economy by 1.6 percent and add $182 billion to its economy by 2035, according to a new report by Accenture. The report – which examined 15 industries in the UAE and 13 in neighbouring Saudi …
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Longer Visas Could Prop Up Sickly U.A.E. Property Markets
As homebuilders in Dubai and Abu Dhabi think up extravagant incentives to shake the property market out of its long slumber, the government will offer potential buyers something the companies can’t: the right to stick around. A decision to extend visas …
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Abu Dhabi-born World Championship silver medallist Besbes eyeing elusive Olympic medal
Since being a small child growing up in Abu Dhabi to spending my time training all alone in France I have always dreamt about having an Olympic medal around my neck. I feel this dream can come true in Tokyo,” Besbes told Gulf News after easing into the f …
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UAE banks can withstand ‘severe yet plausible deterioration’
Dubai: The UAE’s banking system has “sufficient capacity to withstand a severe yet plausible deterioration in macroeconomic and financial market conditions,” according to the country’s central bank. The assessment comes after banks in the UAE …
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