Business & Money | Wednesday 19 September, 2018 8:01 am

Saudi banks step up drive against fraud

Saudi banks launched the 10th edition of the anti-fraud awareness campaign tilted “Do not disclose it”. This season’s campaign slogan is # Drag them before they pull you. The media and banking awareness committee revealed that the first phase of the campaign will focus mainly...

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Business & Money | Tuesday 18 September, 2018 12:30 pm

Ajman Media City Free Zone Launches Electronic Licensing System to Facilitate Investors and Partners

Ajman Media City Free Zone launches an electronic licensing service to serve and facilitate a global network of partners, representatives and potential investors based in any part of the world. HE Mahmood Al Hashmi, C.E.O of Ajman Media City Free Zone said: “We are committed to offer...

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Business & Money | Tuesday 18 September, 2018 10:08 am

World premiere: Alstom’s hydrogen trains enter passenger service in Lower Saxony

It was a world premiere being celebrated by Alstom, one of Europe’s largest railway manufacturers, the Minister of Economy and Transport of Lower Saxony, the Federal Ministry of Transport and the transport authorities of Landesnahverkehrsgesellschaft Niedersachsen (LNVG) and Eisenbahnen und...

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Business & Money | Tuesday 18 September, 2018 7:47 am

GCC governments see key role of AI to drive efficiency

According to EY, 53% of senior executives based in the MENA region named artificial intelligence (AI) and Robotic Process Automation (RPA) as the most prominent technologies on their boardroom agenda. In consumer-facing sectors, automation is the leading technology focus in MENA. The EY report...

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Business & Money | Monday 17 September, 2018 8:31 pm

Fidu Properties unveils second office in Dubai

Fidu Properties, one of the leading real estate brokerage companies in the UAE property market, which had a recent transaction of around AED 500 million with Emaar Properties , has announced the opening of its second office in Dubai. The new office, located in Emaar Square is part of the...

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Business & Money | Monday 17 September, 2018 7:23 pm

FVC to focus on strengthening solutions portfolio at Gitex 2018

FVC, a leading value-added-distributor (VAD) in the Middle East and Africa, has announced its participation at Gitex 2018 with the aim of expanding its overall solutions portfolio, and with a particular focus on strengthening its reach towards key verticals like hospitality, healthcare and...

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Business & Money | Monday 17 September, 2018 1:00 pm

EGYPT ANNOUNCED AS COUNTRY OF HONOR AT CITYSCAPE GLOBAL

Egypt has been named the country of honor at the 2018 edition of Cityscape Global, a reflection of the substantial real estate development underway as the country provides solutions to its ever-growing population and expanding urban areas.   Dr Mustafa Madbouly, Egypt’s Minister of ...

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Business & Money | Monday 17 September, 2018 12:00 pm

Berkeley Assets says private equity is raising more capital than ever before; sovereign wealth funds lead surge of interest from institutional investors

Real estate will be a key driver as private equity continues to outperform the world’s stock markets, a Dubai-based expert said today.   “The private equity industry is enjoying continued growth and success and in fact private equity is raising more capital than ever...

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Business & Money | Monday 17 September, 2018 9:46 am

Gulf fertilizer production to hit 47m tons by 2025

GCC fertilizer exports have reached historical record levels, as rising market protectionism continues to dominate global markets, new figures by the Gulf Petrochemicals and Chemicals Associations (GPCA), the voice of the chemical industry in the Arabian Gulf, have revealed. According to figures ...

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Business & Money | Monday 17 September, 2018 4:00 am

Cayan Group Announces New Strategic Project in Jeddah at MIPIM

Cayan Group, the leading Saudi property developer in the Middle East, today announced plans for a new mega project at the Obhur waterfront in Jeddah. Attending the world’s leading property market, MIPIM in Cannes, France, Cayan Group outlined some details of the planned project, and signed...

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