Bloomberg Cable companies are settling on a new strategy to combat streaming services like Netflix and Hulu: If you can’t beat ’em, join ’em. Comcast Corp. and Charter Communications Inc., the two biggest US cable operators, are in talks to offer Hulu’s on-demand service through their set-top boxes, according to people with knowledge of the matter. Comcast, the largest cable ...
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Expo 2020 allots contracts worth AED10.8bn in 2017
Dubai / WAM Expo 2020 Dubai has so far awarded AED10.8 billion construction and AED411 million non-construction contracts in 2017. Preparations are firmly on track, with the global destination exceeding its pledge of distributing AED360 million non-construction contracts this year. It will reach its target of AED11 billion construction contracts after awarding urban planning and event overlay packages due to ...
Read More »VP, Mohamed attend F1 Grand Prix final
ABU DHABI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, a number of world leaders, dignitaries and senior officials on Sunday attended the final ...
Read More »737 Emiratis receive AED476 million in housing assistance
DUBAI / WAM The Board of Directors of the Sheikh Zayed Housing Programme approved the names of 737 Emiratis, who are eligible for housing support, with a total value of AED476 million, coinci-ding with the celebrations of the 46th National Day in the country. During a meeting at the Etihad Museum in Dubai, Dr Abdullah bin Mohammed Belhaif Al Nuaimi, ...
Read More »ADGM, Al Fardan Exchange partner to foster UAE’s fintech ecosystem
ABU DHABI / WAM Abu Dhabi Global Market (ADGM) and Al Fardan Exchange, have entered into a cooperation partnership to develop and support the FinTech ecosystem in the UAE. The Memorandum of Understanding (MoU) was signed by Richard Teng, Chief Executive Officer of the Financial Services Regulatory Authority (FSRA) of ADGM, and Osama Al Rahma, CEO of Al Fardan Exchange. ...
Read More »SHUAA capital initiates Egypt operations
ABU DHABI / WAM SHUAA Capital announced that its securities brokerage arm, ‘SHUAA Securities’, has officially commenced operations in the Egyptian market, following a green light from the Egyptian Financial Supervisory Authority (EFSA). With an initial and dedicated 40 person strong task-force, SHUAA Securities Egypt has been executing its first transactions since being granted approval. SHUAA Capital had earlier confirmed ...
Read More »Mideast’s largest construction show opens its doors in Dubai
Dubai / Emirates Business His Highness Sheikh Ahmed Bin Saeed Al Maktoum officially inaugurated Middle East’s largest construction event, The Big 5, and the co-located Big 5 Solar on Sunday. The President of the Dubai Civil Aviation Authority, CEO and Chairman of the Emirates Group also took a tour of the exhibition that covers the entire Dubai World Trade Centre ...
Read More »Smart Dubai Office gets first ‘robot receptionist’
DUBAI / Emirates Business The Smart Dubai Office (SDO), has partnered with regional technology business solutions (TBS) provider Nearbuy to host a trial of the first ‘robot receptionist’ in the Middle East. Farah, which stands 1.50 metres tall, started work today at the Smart Dubai Office headquarters in the Dubai Design District. It features a touch-screen panel where visitors to ...
Read More »ICC-UAE event examines role of trade finance
Dubai / Emirates Business The UAE Chapter of the International Chamber of Commerce (ICC-UAE) and the Dubai Chamber of Commerce and Industry recently organised and hosted the 6th ICC-UAE Trade Finance Conference, which attracted the participation of more than 100 representatives from the UAE’s business community. The conference, held at Dubai Chamber’s premises, provided participants with an overview of economic ...
Read More »UBF board reviews progress of initiatives
DUBAI / Emirates Business The Board of Directors of UAE Banks Federation (UBF), a professional representative body comprising 48 member banks operating in the UAE, held its meeting to review the progress of the initiatives the Federation launched this year, and adopted the priorities and action plan for 2018. “Rising customer expectations, increasing cyber threats and a number of significant ...
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