On Wednesday, however, Mansouri said the central banks wanted to understand blockchain technology better. He told reporters that the UAE-Saudi digital currency would be used among banks, not by individual consumers, and would make transactions more efficient.
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Yep, The UAE Is Adopting Tech Faster Than The West
An HSBC Study has found that the UAE is embracing digital adoption faster than West in all areas of life including financial services. HSBC’s new global research report, Trust in Technology, which includes research from over 12,000 people in 11 countries …
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A Roaring Success: Dubai Technology Entrepreneur Centre (DTEC)
You’re reading Entrepreneur Middle East, an international franchise of Entrepreneur Media. November was a busy month for Dubai Technology Entrepreneur Centre (Dtec), a tech startup hub developed by Dubai Silicon Oasis Authority (DSOA), the regulatory body …
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Solar power reaches Dubai’s chickens
A new solar power plant has been installed at Emirates Modern Poultry (Al Rawdah) farm in Dubai, providing power for more than 45,000 birds. The poultry farm, located 40 kilometres from Dubai, spans 538 hectares and is the UAE’s first such facility to …
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Dubai utility awards floating solar contract
Etihad Esco is set to develop and install floating solar PV systems after being awarded a contract by Dubai Electricity Water Authority (DEWA). Ali Al Jassim, CEO of Etihad Esco, said: “The installation of solar PV systems at DEWA water reservoirs comes …
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Xiaomi opens its second Mi store in Dubai with over Dh3m investment
Dubai: Chinese technology company, Xiaomi, is focusing on brick and mortar stores to boost its sales after suffering setbacks at the hands of local competitors over the past two years. The firm was the top seller in China in 2014 and 2015 but lost ground …
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Dubai fund invests in US farming tech start-up
Investment Corporation of Dubai (ICD), the emirate’s investment arm, has completed a major investment in US-based farming technology start-up Indigo Agriculture. The Dubai fund was the largest investor in its Series D funding round which raised a total of …
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UAE looks to Mars for STEM inspiration
It’s all part of a plan to stimulate the nation’s science industries and boost its STEM (science, technology, engineering and math) credentials. “Our primary target is having education and outreach,” says Sarah Amiri, UAE minister of state for advanced …
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Mohammad Bin Zayed receives defence technology CEO
His Highness Shaikh Mohammad Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received Dr. Thomas Kennedy, Chairman and CEO of Raytheon, a technology and innovation leader specialising in defence …
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U.S. defense giant Raytheon sets up subsidiary in UAE capital
DUBAI, Dec. 7 (Xinhua) — U.S. defense and technology firm Raytheon Company said on Thursday that it has formed Raytheon Emirates, a new and wholly-owned subsidiary headquartered in the capital of the United Arab Emirates (UAE). New York-stock listed …
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UAE launches plan to send four Emirati astronauts into space
The UAE on Wednesday launched its ambitious plan to send four Emirati astronauts into space. Young Emiratis have been invited to register for the UAE Astronaut Programme by Sheikh Mohammed bin Rashid Al Maktoum, the UAE’s Vice President and Prime Minister …
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Solar panels on skyscrapers not so farfetched
Dubai has just launched the world’s largest concentrated solar power project, and following two world records set in Dubai and Abu Dhabi last year, the cost of solar energy is also expected to reach record lows this year. Solar energy is at the brink of …
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UAE’s Enviromena acquired by UK investment firm
US-based independent infrastructure investment advisory company, Arjun Infrastructure Partners (AIP) has agreed to acquire UAE solar company, Environmena for an undisclosed sum. This is the first time a regional renewables company is being purchased …
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UAE looks to the future at 46th national day celebrations
As it enters its 47th year union, the UAE’s official national day celebrations in Abu Dhabi highlighted advanced technology and the promise it holds for the country’s future country. Held on Saturday evening, the 46th national day celebration was …
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UAE Catering Services Market 2017-2021 – Digital Technology to Drive the Catering Services Market
The “UAE Catering Services Market Outlook to 2021 – Growing Airline Passengers and Enhancing Digital Technology to Foster Future Growth” report has been added to Research and Markets’ offering. This report provides a comprehensive analysis of in-flight …
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UAE: Rooftop specialist Environmena acquired by UK investment firm
U.K. investment firm, Arjun Infrastructure Partners is expected to bring strategic support and access to capital to the UAE-based solar developer. U.K.-based independent infrastructure investment advisory company, Arjun Infrastructure Partners (AIP …
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HFTP and Naseba Set New Standard in The Middle East with HITEC Dubai
more than 600 hospitality technology professionals came together for the inaugural HITEC Dubai. The event served as a regional, Middle Eastern counterpart to HFTP’s 45-year-old Hospitality Industry Technology Exposition and Conference (HITEC®) – the …
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