Thursday , August 17 2017


DSP, Al Jalila Foundation sign deal to support scientific community

Dubai Science Park, Al Jalila to support scientific community copy

DUBAI / WAM Dubai Science Park (DSP), a member of TECOM Group, and Al Jalila Foundation, signed a Memorandum of understanding (MoU) to support Dubai’sscientific community. Marwan Abdulaziz Janahi, Executive Director at DSP and Dr. Abdulkareem Sultan Al Olama, Chief Executive Officer of Al Jalila Foundation signed the MoU. Under ...

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ADGM launches UAE’s first Foundations regime


ABU DHABI / Emirates Business Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, launched the first of its kind Foundations regime in support of more effective structures for wealth preservation and wealth management. The ADGM Foundations regime provides a strategic platform for financial planning and structuring, ...

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Private data exchange between businesses outpaces public internet

Private data exchange between businesses outpaces public internet copy

DUBAI / Emirates Business The capacity for private data exchange between businesses is outpacing the public Internet, growing at nearly twice the rate and comprising nearly six times the volume of global IP traffic by 2020, according to the Global Interconnection Index, a new market study published by Equinix that ...

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Ireland says it won’t be pawn in Brexit talks, puts EU on spot

epa06037666 British Prime Minister Theresa May (R) and new Taoiseach Irish Prime Minister Leo Varadkar (L) during a press conference after their meeting at 10 Downing Street in London, Britain, 19 June 2017. Taoiseach Irish Prime Minister Leo Varadkar on a first foreign visit meets with British PM May to discuss Brexit negotiations which started today  EPA/SIMON DAWSON / POOL

­­­­­­­­­­­Bloomberg Ireland warned it won’t be used as a pawn in wider negotiations on the terms of the UK’s departure from the European Union, as it called Britain’s plans to avoid border checks after Brexit a “step forward.” Envoys need to show “flexibility and imagination” to devise post-Brexit arrangements on ...

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Italian economy extends gain, boosting optimism on recovery

epa05426122 A view of the Colosseum that opened a third entrance for tourists to access the amphitheater in Rome, Italy, 15 July 2016. The new entrance allows visitors to pass through the Colosseum directly to the arena floor.  EPA/FABIO CAMPANA

Bloomberg Italy’s economic recovery extended for a tenth straight quarter, boosting optimism that growth can become sustainable this year amid a rise in industrial production. Gross domestic product expanded 0.4 percent in the three months through June, the same as in the first quarter, Rome-based statistics agency Istat said in ...

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From Alibaba to China Life join Unicom’s $11.7bn stake sale

epa05473374 (FILE) A file photo dated 20 June 2012 showing employees inside Alibaba headquarters in Hangzhou, China. Alibaba Group Holding Limited on 11 August 2016 announced its  financial results for the quarter ended 30 June 2016, saying 'Alibaba Group had an outstanding quarter with a 59 per cent revenue growth for the company overall and a 49 per cent revenue growth of their China retail marketplaces'.  EPA/QILAI SHEN

Bloomberg Companies from Alibaba Group Holding Ltd. to China Life Insurance Co. will participate in a $11.7 billion share sale by China’s second-largest wireless carrier as part of a government push to draw private capital into its state-owned enterprises. According to the plan, investors including Tencent Holdings Ltd. and Baidu ...

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