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Abu Dhabi launches Dhs520 million ‘Hub71’

ABU DHABI: A new platform to support high tech startups has launched in Abu Dhabi. The Dhs520 million ‹Hub71› was launched on Sunday by Sheikh Khalid Bin Mohamed Bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council, and Chairman of the Executive Committee. He also announced a new Dhs535 million fund, to invest in technology businesses established in Hub71,

6 hours ago

alfanar, Huawei to bring greener power solutions to Saudi Arabia

alfanar, the Middle East’s leading manufacturer of wide range of electrical products and solutions, has partnered with Huawei to explore how IoT and 5G technologies can be used to bring greater sustainability, efficiency and cost-savings to alfanar’s electrical products. Together the two companies will co-create 5G and IoT solutions that will accelerate the digital transformation of the Middle East’s electricity industry.

7 hours ago

UAE construction sector asked to create central data repository

Construction companies and developers in the UAE have been called upon to centralise their resources requirements and create a repository of shared project data to reduce cost and time overrun and increase profitability. Engineers from more than 60 different construction and realty companies and developers suggested that the industry should collaborate to formalise such a repository by integrating data

7 hours ago

ADX workshop cements listed companies’ ties with investors

As part of Abu Dhabi Securities Exchange (ADX) held a workshop for listed companies on enhancing relations between listed companies and investors and the role of investor relations manager in this regard in line with international best practice. The workshop comes as part of ADX’s efforts to enhance the role of investor relations in listed companies and the continuous collaboration between the Exchange

7 hours ago

Dubai, Abu Dhabi continue to rank highest for quality of living

Mercer’s 21st annual Quality of Living survey reveals that Dubai continues to rank highest for quality of living across the Middle East, closely followed by Abu Dhabi. The cities have integrated aggressive targets to significantly use less energy, as well as facilitate the development of smart cities. While Dubai and Abu Dhabi top the list for quality living in the Middle East, Greece, Hungary and other four countries in Europe

23 Mar 2019

UAE to ban import of cigarettes carrying no Digital Tax Stamp

“The import to the UAE of cigarettes not carrying the ‘Digital Tax stamps’ will be banned as of May 2019,” reaffirmed the Federal Tax Authority (FTA) at a training workshop held to introduce employees at customs agencies across the UAE to the objectives and implementation tactics for the “Marking Tobacco and Tobacco Products Scheme”. Taking place at the FTA’s Dubai headquarters,

23 Mar 2019

AJCCSR and Thumbay sign MoU

AJMAN: The Ajman Centre for Corporate Social Responsibility (AJCCSR) of Ajman Chamber signed a memorandum of understanding (MoU) with the Thumbay Physical Therapy and Rehabilitation Hospital to enhance the strategic partnership and launch effective initiatives serving both parties. The MoU was signed at the Hospital by Nasser Al Dhafri, CEO of AJCCSR and Riccardo Aggujaro,

23 Mar 2019

Pilot phase of Business Voice Portal launched

Dubai Chamber of Commerce and Industry has launched the pilot phase of its Business Voice Portal, a new digital platform designed to streamline public-private sector cooperation and contribute towards Dubai’s economic progress and development. Through the interactive portal, members of business groups and business councils in Dubai can share valuable insights and feedback

22 Mar 2019

Manila ranks top luxury homes market

The latest market report by Knight Frank points to luxury homes as a great investment in the thriving industry. In 2018, Manila’s luxury home market saw the most growth in the world, with an 11 per cent increase in prices. The report compiled a list of the world’s hottest 100 cities, using each market’s price increase as its main unit of measurement. Manila’s increase is speculated to spring from a six per cent growth

22 Mar 2019

DIB emphasises on Emiratisation

DUBAI: Islamic Bank (DIB), the UAE’s largest Islamic Bank, participated in the 19th Edition of the Careers UAE Exhibition. The exhibition took place from March 19 to 21, 2019 and is organised every year by the Dubai World Trade Centre, in conjunction with Higher Colleges of Technology, Zayed University and Ministry of Education. In-line with UAE’s Vision 2021 National Agenda,

22 Mar 2019

GE showcases new solutions to complement UAE Energy Strategy

GE Power showcased a suite of innovative technologies shaping the future of the energy sector, at the ‘UAE Advanced Power Technology Day’ organised in collaboration with the US Embassy in Abu Dhabi. The solutions presented complement the direction under UAE Energy Strategy 2050 to increase the contribution of clean energy to the total energy mix from 25 per cent to 50 per cent

22 Mar 2019

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