Dubai Internet City (DIC) expects the number of people working in the region’s leading technology hub will increase by 15,000 to 40,000 by 2025, sai …
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Over 3,000 Delegates Take Part in Global Business Forum Africa 2021 in Dubai
The high-level event, organised by Dubai Chamber in partnership with Expo 2020 Dubai on October 13-14, 2021, hosted a record 550 bilateral meetings between African and UAE investors. Commenting on the …
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These Bank Robbers Used Deepfake To Imitate Boss’ Voice And Siphon $35 Million
Advertisement Excess of everything is bad… Not long ago, Justin Bieber fell prey to a deepfake version of Tom Cruise and now it seems like the technology is even being used to commit heists. A bank in …
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Israel, UAE jumping forward with Fintech cooperation
At a joint Israeli-Emirati conference in Abu Dhabi, officials from both countries delved deep into the details of how cooperation has already moved forward.
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Saudi fast-food franchise operator Alamar Foods considers IPO, sources say
Saudi Arabia’s Alamar Foods, the regional franchise operator for Domino’s Pizza, is considering an initial public offering (IPO) that would allow The Carlyle Group sell some of its stake, three …
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Gitex Global 2021: At Dubai Internet City, the in5 startup programme is picking winners
Dubai: Fintech-focussed startups are emerging as the favoured category in Dubai Internet City’s in5 incubator programme, as more UAE and Gulf residents take to digital payments and services. “Is there …
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India vs England, ICC World T20: Who will win India vs England warm-up match at Dubai?
Virat Kohli-led Team India will lock horns with Eoin Morgan’s England in their first warm-up game ahead of the ICC World T20 in Dubai. Team India will kickstart their T20 World Cup campaign against …
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Emirates NBD releases inspiring video campaign “People without limits” to mark the commencement of Expo 2020 Dubai
Dubai: Emirates NBD, a leading banking group in the Middle East, North Africa and Turkey (MENAT) region and a Premier Partner and the Official Banki …
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UAE: Experts share insights on why some family businesses fail, yet some survive
Family businesses make up more than half of the world’s gross domestic product (GDP). They are engines of growth and recovery in times of great challenge and in the last decade, they have been …
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Unprecedented Demand for The UAE’s Multi-Tranche Sovereign Bond Package
The UAE Government, represented by the Ministry of Finance (MoF), has successfully closed its offering of a U.S. dollar-denominated multi-tranche sovereign bond package, which is comprised of medium …
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Dubai’s Mashreq Bank scores a regional first with new API portal for businesses
Dubai: The UAE based Mashreq Bank has launched an active Application Programming Interface (API) developer portal, allowing developers to consume Mashreq’s APIs for use on their own applications.
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After IPO, Abu Dhabi’s ADNOC Drilling wants greater global exposure on key FTSE indicies
Dubai: Fresh from a record IPO, Abu Dhabi owned ADNOC Drilling Company is aiming for inclusion in three global market indices: the FTSE Emerging Index, FTSE Global Large Cap Index and FTSE All-World …
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Live: All the views and news from GITEX Global in Dubai
With the large scale events industry back in form in Dubai [Expo 2020, Arabian Travel Market, Dubai Airshow next month], the region’s largest tech event, GITEX Global, is back for its 41st edition.
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GFH to buy 100% of Khaleeji Commercial Bank to boost its portfolio
GFH said in a statement to Dubai Financial Market, where its shares are traded. “GFH intends to maintain KHCB’s commercial registration and vocation as an Islamic retail bank,” GFH said. “KHCB will …
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Deep Voice AI Used to Con Dubai Bank Out of $35 Million USD
A Dubai bank was defrauded of $35 million USD when an attacker used Deep Voice Artificial intelligence to simulate a client in a call to a branch manager.
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Bahrain investment bank GFH gets set to pick full ownership in Al Khaleeji Commercial Bank
Dubai: Bahrain investment bank Gulf Finance House (GFH) is in the final stretch to pick up full ownership of Khaleeji Commercial Bank, in what will be one of the bigger consolidations within the …
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Tunisia in talks with Saudi Arabia, UAE to obtain funds
Tunisia’s Central Bank is in advanced talks with Saudi Arabia and the United Arab Emirates (UAE) to obtain financial resources, a senior banker said …
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