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Month: September 2018

Posted on 12/09/2018

Dubai Chamber Signs MoU With Shanghai Federation of Industry and Commerce

During the visit, Dubai Chamber signed a Memorandum of Understanding (MoU) with the Shanghai Federation of Industry and Commerce which aims to facilitate bilateral trade and investment, build bridges …
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Posted on 12/09/2018

Dubai, Shanghai sign bilateral trade agreement

Dubai Chamber has signed an agreement with the Shanghai Federation of Industry and Commerce aiming to facilitate bilateral trade and investment, build bridges between the UAE and Chinese business comm…
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Posted on 12/09/2018

Abu Dhabi set to cash in Cepsa investment with $11.6bn IPO

Cepsa could announce the IPO as early as next week … in downstream industries such as oil refining to ensure future demand for crude from the United Arab Emirates. The Madrid-based company is expect…
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Posted on 12/09/2018

Abu Dhabi Set to Cash in Cepsa Investment With $11.6 Billion IPO

Cepsa could announce the IPO as early as next week … in downstream industries such as oil refining to ensure future demand for crude from the United Arab Emirates. The Madrid-based company is expect…
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Posted on 12/09/2018

Abu Dhabi’s Aldar creates $5.4bn real estate giant

DUBAI: Aldar Properties, the Abu Dhabi-government controlled real estate group, is to spin off its property assets into a new company that could eventually list separately on a stock exchange in an in…
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Posted on 12/09/2018

Nominations closing soon for the Arabian Business StartUp Awards 2018

The Arabian Business StartUp Awards 2018 will take place at Le Méridien Dubai Hotel & Conference Centre on Tuesday 23rd October to recognise the country’s best performing start-ups, SMEs and entrepren…
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Posted on 12/09/2018

DCG to host ‘Business Leadership Conclave’

The Dubai Computer Group (DCG), has said it plans to host a two-day business leadership summit to held on 29th and 30th September 2018 for its members. Dubbed “Business Leadership Conclave: Make It Ha…
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Posted on 12/09/2018

Dubai’s Emaar to offer 10-year investor visas to some buyers – report

Dubai developer Emaar Properties will offer … The UAE has revealed several measures to improve business conditions in the country and boost foreign investment in the last year.
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Posted on 12/09/2018

UAE Banks’ Three-Way Merger a Boon for Banking System

ADCB also announced that separate potential merger discussions have commenced with Al Hilal Bank PJSC (AHB) shareholders. The proposed merger, pending approvals by the banks’ boards of directors, shar…
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Posted on 12/09/2018

Three-way merger of UAE banks ‘credit positive’ for industry, says Moody’s

It would also contribute to consolidation of the “overbanked” UAE banking sector, the report added. Abu Dhabi Commercial Bank, the second largest lender in the emirate, said last week it is exploring …
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Posted on 12/09/2018

UAE banking system expands credit to 10 economic sectors

The UAE’s economic sectors have continued their growth since the start of the current year, according to a digital review of relevant indicators, which encouraged the banking system to fund the activi…
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Posted on 12/09/2018

New round of merger to create Dh415 billion bank

The prospects of a new cycle of bank mergers – the fourth round of consolidation in the UAE’s banking history – would be credit positive for the banking sector and serve to further consolidate the ove…
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Posted on 12/09/2018

Mashreq Becomes the First Private Bank in the UAE to Implement Solutions that Utilize Artificial Intelligence and Machine Learning

Virtusa Corporation VRTU, +0.23% a global provider of digital strategy, digital engineering, and IT outsourcing services that accelerates business outcomes for its clients, and Mashreq Bank, the leadi…
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Posted on 12/09/2018

Mashreq Becomes the First Private Bank in the #UAE to Implement Solutions that Utilize #AI Artificial Intelligence and Machine Learning

DUBAI, United Arab Emirates & SOUTHBOROUGH, Mass. – September 11, 2018 (Investorideas.com Newswire) Virtusa Corporation (NASDAQ GS:VRTU), a global provider of digital strategy, digital engineering, an…
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Posted on 11/09/2018

First 3D printed eyewear goes on sale in the UAE

Immensa Technology Labs, the UAE-based 3D printing company, has announced a partnership to offer the first 3D-printed eyewear product line in the UAE. After over a year of internal tests and prototype…
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Posted on 11/09/2018

Tata Communications opens fourth global SoC in Dubai

Adoption of digital technologies by consumers, enterprises, and governments is growing at a rapid pace in the Middle East, Moussali observed. The facility was jointly inaugurated by His Excellency Oma…
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Posted on 11/09/2018

Dubai’s Emaar denies plan to offer 10-year visa on some projects

It said projects in the plan include those in Dubai Creek Harbour and Downtown Dubai. Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UA…
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