“Boardrooms across the UAE are excited about the AI Strategy 2031 in supporting rapid AI adoption, and are investing in AI for their future business models,” argues Savitha Bhaskar, COO at the …
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Dubai Customs Announces Achievements in 2Q 2019
… government departments taking part in enhancing sustainable development and promoting Dubai’s image worldwide, turning it into a principal capital, business and tourism destination, as it …
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Dubai Economy unveils R&D platform initiative to boost competitiveness
Maria Al Rais, Director of Business Development at Dubai Economy, said: “We are delighted with the response from academia and industry. There is keen interest from both sides to join the R&D …
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Dubai-based Jumeirah has cut 500 jobs – report
Read: Welcoming the world: Jumeirah’s CEO on the Dubai brand’s bold new strategy Jumeirah CEO CEO José Silva told Gulf Business earlier this year that the government-owned luxury hotel chain …
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Saudi Sulaiman Al-Habib Medical in IPO talks with banks
DUBAI/RIYADH, July 30 (Reuters … As further encouragement, the regulator has relaxed the traditional IPO requirement to list at least 30% of a company. Saudi mall operator Arabian Centres , owned by …
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Saudi Sulaiman Al-Habib Medical in IPO talks with banks: sources
DUBAI/RIYADH (Reuters) – Saudi Arabia’s Sulaiman Al Habib … could sell as much as a 30% stake in the IPO, although one source said it could sell less if Saudi regulators permit. Officials from the …
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Abu Dhabi creates $163 million fund for ‘mega-events’
ABU DHABI (Reuters) – Abu Dhabi launched a new 600 million dirhams ($163.4 million) “mega events” fund to finance potential global entertainment partners as part of its strategy to boost tourism and …
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Abu Dhabi creates $163 mln fund for “mega-events”
ABU DHABI, July 30 (Reuters) – Abu Dhabi launched a new 600 million dirhams ($163.4 million) “mega events” fund to finance potential global entertainment partners as part of its strategy to boost …
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Billiard ball-sized tumour removed from UAE patient’s brain – News |
(MENAFN – Khaleej Times) Surgeons at Cleveland Clinic Abu Dhabi have removed a brain tumour the size of a billiard ball from a 34-year-old man, ending his 10-year search for a cure to his …
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UAE’s credit demand seen picking up in the third quarter
Respondents of Credit Sentiment Survey of the UAE Central Bank expected a tightening in credit standards but to a lesser extent for the September quarter. Picture is used for illustrative purposes …
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Sharjah police warn against fake bank messages
The Sharjah Police General Directorate have warned residents of the UAE against fraudulent bank messages circulated by fraudsters posing as bank employees, claiming to update personal bank information …
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Collapsed Buyout Firm Abraaj Fined Record $315 Million by Dubai
the collapsed buyout firm that’s already facing legal action in the U.S. The Dubai Financial Services Authority, which regulates the city’s financial freezone, imposed two fines on Abraaj Capital Ltd. …
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Dubai’s Jumeirah Cuts 500 Jobs as Tourism Industry Struggles
Dubai’s hotels are struggling as growth in the tourism sector … The government introduced measures to stimulate the economy such as lowering certain business fees and issuing longer-term visas. …
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UAE- Xerox Launches Suite of Compact Multifunction Printers with WiFi Direct and Mobile Printing
(MENAFN – Dubai PR Network) Three new devices bring … the devices offer high-speed wireless connectivity, allowing users to print anywhere, at any time. Each device features WiFi Direct …
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Trump aide submitted drafts of 2016 ‘America First’ energy speech to UAE for edits, emails show
“tasked to report to his Emirati intelligence handlers on topics of consequence to the UAE,” the House report said, citing an Intercept news report. William F. Coffield, an attorney for al …
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Abu Dhabi’s Mubadala says assets grew by 80% to $229bn in 2018
ABU DHABI: Abu Dhabi state investor Mubadala Investment Co. said on Monday its assets under management rose 80% in 2018, as it continues to invest across sectors globally. The results are the first …
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UAE- Mubadala assets jump 80% on new investments – News |
The Abu Dhabi-based state fund said despite global macroeconomic turbulence in the fourth quarter of the year, the group delivered stable financial results, with total comprehensive income at Dh12 …
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