DUBAI / Emirates Business The third installment of the Global Islamic Economy Summit (GIES) is set to take place on October 11 and 12 at Madinat Jumeirah to discuss the developments occurring on the Islamic Economy front. Bearing the theme “Inspiring Change” and endorsed by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the ...

  Emirates Business Coface, the worldwide leader in credit insurance, has obtained a new company licence from the Dubai Financial Services Authority (DFSA) to offer insurance management and intermediation services in the Dubai International Financial Centre (DIFC), strengthening its presence in the UAE through insurance services. For nearly 70 years, Coface has been helping companies sustain wealth creation worldwide. The ...

  ABU DHABI / Emirates Business DarkMatter, an international cyber security firm headquartered in the UAE, announces its participation as the Cyber Security Innovation Partner of GITEX Technology Week 2016. The technology exhibition and conference, which is the largest annual ICT gathering in the Middle East, is taking place from 16 – 20 October, 2016 at the Dubai World Trade ...

  DUBAI / WAM The Dubai Electricity and Water Authority (DEWA) has won two CFI.co 2016 awards with Saeed Mohammed Al Tayer, MD & CEO of DEWA, winning the Outstanding Contribution to Local Employment – GCC 2016, and DEWA winning Best In-house Corporate Finance Team – GCC 2016. Al Tayer won the award for his role in achieving the objectives ...

  Sharjah / Emirates Business Organisers of the forthcoming Sharjah FDI Forum 2016, held under the generous patronage of His Highness Sheikh Dr. Sultan bin Mohammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, and hosted by the Sharjah Investment and Development Authority (Shurooq) in collaboration with Financial Times and fDi magazine, have highlighted the importance of ...

  Sharjah / Emirates Business Red Hat, Inc. (NYSE: RHT), the world’s leading provider of open source solutions, today announced that it is accepting nominations for the 2017 Red Hat Innovation Awards. Since 2007, the Red Hat Innovation Awards have recognized Red Hat’s global customers and partners for the transformative projects and outstanding results they have experienced with Red Hat’s ...

  MOHSIN SHAH / SPECIAL TO EMIRATES BUSINESS The explosion of smartphones and tablets is transforming the way we communicate, work and manage our personal lives. We stay connected everywhere, and collaborate on the go at every opportunity we get. We need the ability to access business applications at the highest speeds and quality possible – regardless of where we ...

  Paris / AFP A global oil glut that has hurt producers but means cheaper pump prices for consumers looks set to go on at least six months longer than previously thought, the International Energy Agency said on Tuesday. The IEA said demand growth was slowing while supply was rising, meaning the glut was now due to linger “at least ...

  DOHA / Reuters Qatar Petroleum is interested in the Mozambique gas business of Italian energy group Eni and could opt to join Exxon Mobil in buying a multibillion-dollar stake, sources familiar with the matter said. State-controlled Eni is looking to reduce a 50 percent stake in its giant Mozambique gas acreage as part of plans to sell 5 billion ...

  Bloomberg Kazakhstan’s giant Kashagan oil field has taken 16 years and more than $50 billion to bring to the verge of production. It could take another decade to reach its potential, with initial output at half the forecast level. Eni SpA, working with partners Royal Dutch Shell Plc, Total SA and the Kazakh state, expects Kashagan to start in ...