After leaving banking, they decided to create a solution that would help the trade finance and banking industry become more efficient and profitable. TradeAssets is supervised by the Dubai Multi Commo…
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WGS 2019: Integration of blockchain tech crucial to Dubai
The Dubai government is working tirelessly to facilitate the right implementation of this technology,” said Dr Aisha Bin Bishr. Speaking about the use of Blockchain in the Estonian government …
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Finablr’s UAE Exchange and Ripple begin blockchain payments service
expects to grow the company’s footprint in cross-border payments using blockchain technology. Ravindranath K / The National Finablr, the UAE-based payments and foreign exchange company, said its brand…
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UAE experts to discuss future of trade at conference
Leading figures from the UAE’s government, trade, investment, and technology are set to attend and share predictive analysis on the shifts taking place within the world economy at a conference to be h…
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Dubai to implement AI-powered traffic system next year
Yet, we are getting prepared to cope with them.” Dubai Metro’s disruptive technology Did you know that Dubai residents were initially afraid to take the Metro when it first began its operation back in …
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Dubai to host first Global Robotics this Year
Al Gergawi stressed that the UAE is one of the most advanced countries in the adoption of robotics technology and is already using it in many sectors that touch people’s lives. He added that WGS adds …
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UAE minister sees a balanced oil market within the first quarter
The oil market should reach a balance between supply and demand in the first quarter of this year, UAE Energy Minister Suhail Al Mazrouei told Al-Arabiya television on Monday. He said he was satisfied …
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Dubai Plans Desert City’s First Solar-Powered Desalination Plant
Dubai will seek partners this year to build its first solar-powered desalination plant as the emirate tries to diversify away from burning fossil fuels to increase its water supply, the head of the Du…
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Dubai’s public transport system now connects to Muscat in Oman
In true Emirati style, the 50-seater coaches are being called ‘luxury’ and come equipped with free Wi-Fi. ‘The new bus service connecting Dubai and Muscat is going to open more channels for tourism an…
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UAE federal bank to sell bond following passage of debt law
Dubai: A federal lender in the UAE will be the first to utilise the country’s newly effective debt law by selling its first bond later this month, according to a senior government official.
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UAE Federal Bank to sell bond after passage of debt law
DUBAI: A federal lender in the United Arab Emirates (UAE) will be the first to utilize the country’s newly effective debt law by selling its first bond later this month, according to a senior governme…
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Dubai’s South Energy, SP Group sign MoU to expand district cooling services
South Energy, the energy solution’s arm of Dubai South, announced that it recently signed a Memorandum of Understanding (MoU) with SP Group as part of its efforts to boost its district cooling capabil…
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Restaurant and cafés in Dubai increased 10% in 2018
We’re spoilt for choice when it comes to brilliant restaurants in Dubai, and recent news from the emirate’s Department of Economic Development (DED) proves it further. A new report issued by the Busin…
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Emirates NBD sees cash and gold among top investments for 2019
Emirates NBD, Dubai’s biggest bank, said gold and cash tops the list of its preferred asset investments this year, while emerging market equities are attractive in the long term. Well selected hedge f…
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WGS 2019: World Government Summit in Dubai Ushers in New Era
DUBAI, United Arab Emirates — A raft of announcements and statements of intent from some of the world’s leading policymakers and figureheads ushered in a new era of modern tolerance on the …
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UAE woman who fled family begs to be allowed to claim asylum
They stayed friends, visiting each other in Dubai and Skopje. “She said she couldn’t use … Her 20-year-old daughter, Fatma, has been desperate for news of her mother, but contact with her stopped su…
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UAE is role model: ILO chief
Guy Rider, Director-General of International Labour Organisaion (ILO) has commended the UAE’s efforts in fighting human trafficking. Speaking to the Emirates News Agency (Wam) on the sidelines of the …
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