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  Bloomberg Demand surged for bitcoin as a safe haven from the British pound, which plummeted after the UK voted to leave the European Union. The pound fell to its lowest in more than 30 years, driving demand for assets such as US Treasuries and gold. Stocks and bonds also fell, amid concerns that the UK’s exit from the European ...

  Dubai / Emirates Business Smart Dubai Government Establishment (SDG), in co-operation with a number of its strategic partners in government entities, has organized a brainstorming session titled “Challenges of connected services” as part of its innovative activities and its efforts for developing government shared services, which are offered in partnership or collaboration with several government entities to ensure sustainable ...

  Dubai / Emirates Business The Telecommunications Regulatory Authority (TRA) received a total of 1,300 mobile applications participating this year at the second edition of the ALECSO Apps Award, a mobile app development competition launched by the Arab League of Educational, Cultural and Scientific Organization (ALECSO). TRA said its efforts to promote the event incorporation with ALECSO, have resulted in ...

  Abu Dhabi / Emirates Business Gulf Capital, one of the largest and most active alternative asset managers in the Middle East, received the international ISO/IEC 27001 certification from The British Standards Institution (BSI), the world’s first National Standards Body and a founding member of the International Organization for Standardization. This certification is created by a joint technical committee of ...

  Dubai / WAM The Ministry of Economy organized on Sunday an inspection of the Abu Dhabi Cooperative Society’s Abu Dhabi Mall branch as part of its ongoing programme to visit markets and retail stores across the UAE during the holy month of Ramadan. The initiative aims to ensure that prices are controlled and that commitments to sales offers and initiatives ...

  Dubai / WAM The Dubai Electricity and Water Authority, DEWA, has honoured 118 high-performing students who are enrolled in its scholarship programme for Emirati students in local and foreign universities. Saeed Mohammed Al Tayer, MD and CEO of DEWA, honoured the students who achieved high GPAs in the first semester of the academic year 2015/2016 in a ceremony held at ...

  Abu Dhabi / Emirates Business Tadweer (The Center of Waste Management – Abu Dhabi) organizes a series of social awareness lectures during the holy month of Ramadan under the slogan ‘Let’s Break the Habit with no Excess’. This campaign is conducted in cooperation with General Authority for Islamic Affairs and Endowments. The lectures targeted housewives after Tarawih Prayers in ...

  RITIKA SHARMA / Emirates Business The cost-competitiveness of renewable energy gives the UAE an opportunity to invest in renewables and make sure more of the natural energy is used. Experts believe that based on the current trends in the energy sector, the UAE will achieve at least 10 percent use of renewable energy in its energy-mix by 2030 and ...

  Sunaina Rana / Emirates Business Hair care is an essential element in the global beauty care industry. Reports say that women spend an equal amount on their hair care products as much as they spend on cosmetics. In the wake of the trend, luxury hair care brand Innovatis has introduced a unique hair treatment line that contains diamond and ...

  DUBAI / Emirates Business According to EY’s latest telecommunications report ‘Navigating the Road to 2020 — Opportunities and challenges for telecom operators in the Middle East’, 68% of telecommunications C-suite respondents cite customer experience management as their top strategic priority over the next three years. Wasim Khan, Partner and Chief Operating Officer, EY, says: “A better customer experience can ...