Dubai / Emirates Business The Global Business Forum on Latin America kicked off on November 9 with day one bringing together a number of high-profile speakers and panellists who explored prospects for investment and cooperation between the GCC and the countries of Latin America. In a panel discussion titled “Sector Insight – Energy: The Challenge of Renewablesâ€, Hector Olea, ...
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‘Dubai’s free zones can help Latin American economies diversify’
Dubai / Emirates Business The development of free zones can help resource-reliant countries in Latin America successfully diversify their economies, panellists told the inaugural Global Business Forum on Latin America 2016 which was recently held in Dubai. Speaking during a panel session entitled Accelerating Diversification – The Power of Zones, His Excellency Hamad Buamim, President and CEO of the ...
Read More »IoT boosts biz revenue, strengthens customer ties: Survey
DUBAI / Emirates Business Governments and businesses in the Middle East and Africa will invest over $6.6 billion in Internet of Things (IoT) hardware, software, services and connectivity by the end of the year, according to figures released by the International Data Corporation (IDC). And, according to the findings of a new study sponsored by LogMeIn and conducted by ...
Read More »Adoption of digital records in healthcare industry must: Experts
David Whitton Special to Emirates Business Utilization of electronic record keeping systems is becoming increasingly predominant within the healthcare industry in the UAE due to a wide range of benefits, ultimately resulting in improved quality of care and patient safety, not to mention controlled costs and time savings for healthcare providers. Primary benefits of implementing a comprehensive Electronic Medical ...
Read More »Zain Group expects to finalise Saudi Arabia tower sale in first half of 2017
Reuters Kuwaiti telecoms group Zain expects to sell its mobile transmitter towers in Saudi Arabia for more than $500 million in the first half of 2017, its chief executive said. Zain, which operates in eight countries in the Middle East and Africa, has been exploring the sale of its towers in some of its markets since as early as ...
Read More »Iraq postpones upstream bidding round to mid ’17
Reuters Iraq’s oil ministry is postponing a bidding round for 12 small and medium-sized oil fields across three provinces from Nov. 30 to the middle of next year, the ministry said on its website on Thursday. The ministry’s statement said there are “essential changes†to the previous announcement, including plans for the oil ministry to develop some of the ...
Read More »FB & Twitter contend with their role in Trump’s victory
Bloomberg America just endured its first presidential election in which the majority of the electorate got its news from social media. And the outcome is already prompting soul searching by the companies that shaped it. Facebook Inc. will have to contend with mounting dissatisfaction over its role as the most widely used news filter in history. Forty-four percent of ...
Read More »Alibaba’s US growth ambitions at risk
Bloomberg Chinese internet companies face a new reality after Donald Trump’s surprise victory as US president-elect — and Alibaba Group Holding Ltd. has the most to lose. On the campaign trail, Trump promised to upend global trade, saying that China is “killing us†on trade policy and proposing tariffs on Chinese goods of as much as 45 percent. If ...
Read More »Volkswagen accused of concealing emissions cheating in Audi gas cars
Bloomberg Volkswagen AG’s plot to cheat emissions tests by installing so-called defeat devices in its vehicles wasn’t limited to diesel cars, but also included at least six models of Audi 3.0-liter gasoline engines, according to a consumer lawsuit. In a class action on behalf of owners of more than 100,000 vehicles, the German carmaker’s Audi unit was accused of ...
Read More »Rubik’s cube cracked as EU court strips away its trademark
Bloomberg You might not be able to solve Rubik’s cube, but now you can make one. The multicolored puzzle that’s kept small and big hands busy since the 1970s lost the final round in a fight to hold on to a European Union trademark protection. EU trademark law seeks to prevent a company getting “a monopoly on technical solutions ...
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