The IXC, which is located at Cisco’s Middle East HQ in Dubai Knowledge Village, is intended to provide a showcase for Cisco solutions, and to provide a focus for local partner ecosystems and startups to build on Cisco technology. The $10m centre was …
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UAE’s tax authority urges businesses to register for VAT before Dec 4
A business will be required to register if the total value of its taxable supplies made within the UAE exceeds Dh375,000 over the previous 12-month period, while businesses may choose to register for VAT voluntarily if their supplies and imports are below …
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EAC is ready for business with the world, says Kagame, Museveni
Dubai. Rwandan President Paul Kagame and his Ugandan counterpart Yoweri Museveni have stated that the East Africa Community has a huge potential and is ready for business with the world. Speaking during the fourth Global Business Forum on Africa Wednesday …
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Mission Attracts Greater Attention to Dubai’s Innovation Focus in Seattle and Portland
His Excellency Abdulla Alsaboosi, UAE Consul General in Los Angeles also accompanied the delegation during the tour, which was also supported by the US-UAE Business Council. The delegation presented Dubai’s development strategies and policy initiatives as …
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Dubai is sixth most visited city on earth: Euromonitor
This year, Dubai is regarded as the most sought-after destination for business travellers, or for meetings, incentives, conferencing and exhibitions (MICE) due to its modern infrastructure and premium lodging landscape. “Regional offices in free zones …
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Dubai’s DP World, Egypt’s Suez Canal Authority to develop economic zone
Dubai-based ports operator DP World has signed an agreement … It is anticipated to create more than 400,000 jobs. The business sectors will include light and medium-sized industries, logistics, and service utilities. Targeted industries include medical …
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Sharjah boy, 14, turns inspirational author
Sharjah: A 14-year-old Sharjah boy will be making his debut as a published author at the Sharjah International Book Fair on Saturday with the launch of his first book. Aryan Muralidharan, who is from India and lives in Sharjah with his parents, has pledged …
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Swiss Property to hand over inaugural Dubai project in Q1 2018
RELATED ARTICLES: Dubai’s La Reserve Residences bags award at Cityscape Global | La Reserve Residences slated for Dubai Healthcare City Phase 2 | Video: JLL expects stability for Dubai real estate Dubai-headquartered real estate developer, Swiss Property …
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Blockchain, robotics, AI, wireless tech to reshape digital business in 2018
DUBAI – Blockchain, together with artificial intelligence … Another exciting trend to look forward to is the boom in new wireless technologies that will enable IoT and bring us a step closer to the dream of pervasive connectivity.
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Jailed Hedge Fund Head Is Star Witness in Amanat Fraud Trial
Disgraced hedge fund founder Steven Maiden will testify Tuesday … Their goal was to prop up the fund run by Amanat’s brother, Enable Invest Ltd. It didn’t work out. The Dubai-based fund collapsed, as did Maiden Capital. KIT Digital filed for …
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DEWA secures $650m for green projects
Dubai’s Electricity and Water Authority (DEWA … and that they were already in talks with a state-owned Chinese bank.” Lars Kroijer, a veteran hedge fund investor and CEO of AlliedCrowds said: “It sends a hugely positive message to institutional …
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Dubai Green Fund raised $650 million for investment in sustainability projects
The Dubai Green Fund constitutes the investment arm of DEWA and … that they were already in talks with a state-owned Chinese bank. Lars Kroijer, a veteran hedge fund investor and CEO of AlliedCrowds applauded the initiative by saying that it is a …
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DOJ Official Aided Ponzi Schemer in FBI’s Probe, Lawyer Says
Maiden’s decision to invest $1 million in KIT, a troubled video-software company, and another $2 million in Enable Invest Ltd., a fund run by Amanat’s brother in Dubai, would ultimately lead to the collapse of Maiden’s hedge fund, Maiden Capital LLC …
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Dubai gold price inches down, Dh144.50 for 22k
Dubai gold prices in Dubai are Dh153.75 for 24-karat and … fell 0.03 per cent to 845.75 tonnes on Friday. Hedge funds and money managers reduced their net long position in COMEX gold contracts for the seventh straight …
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All the Reasons Cryptocurrencies Will Never Replace Gold as Your Financial Hedge
As Russia, India, and Estonia are considering their own digital money, Dubai has already taken it one step further … One of the world’s most successful hedge fund managers, Ray Dalio of Bridgewater Associates, certainly seems to think so.
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Tech entrepreneur’s trial is biggest battle of a glossy career
Federal prosecutors claim Amanat conspired to manipulate KIT Digital’s shares while defrauding investors in a hedge fund, Maiden Capital. The goal, to prop up Enable Invest, didn’t work out. The Dubai-based fund collapsed, as did Maiden Capital.
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Price of Dubai gold drops, will the fall continue?
Dubai gold prices in Dubai are Dh154 for 24-karat and 22 … two policymakers said on Friday. Hedge funds and money managers cut their net long positions in COMEX gold contracts for the sixth straight week, in the week to Oct 24 …
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