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ABU DHABI / Emirates Business Injazat Data Systems (Injazat) and MDC Business Management Services (MDC-BMS), along with Mubadala Investment Company’s Enterprise Technology Services division, have announced the establishing of ‘Project Tarabot’, a strategic Joint initiative for building a Hybrid Cloud Platform in Abu Dhabi for the Mubadala Group of Companies. The Hybrid Cloud platform will be aligned to the principle ...

ABU DHABI / Emirates Business Etisalat on Sunday announced its exclusive partnership with GSMA for Mobile 360 series-MENA conference in 2018 and 2019, a regional platform that attracts telecom leaders from across the global and regional mobile industry to address key challenges and opportunities in the mobile ecosystem. The three-day conference scheduled to take place from November 27-29 at Dubai ...

Bloomberg TPG, the first major US private equity firm to invest in Myanmar after it emerged from military rule, is working on another landmark transaction in what’s become one of the world’s fastest-growing economies. It’s pursuing a deal to create Myanmar’s biggest independent owner of telecom towers as mobile-phone usage in the country soars, people with knowledge of the matter ...

Bloomberg Chinese conglomerate Fosun International Ltd. is looking to gain a bigger foothold in North America’s tourism and leisure market through acquisitions, as the owner of Club Med SAS launches a new product line for China. “We’re interested in anything related to the tourism sector, from travel agencies and resort brands to recreational content providers,” Qian Jiannong, senior vice president ...

Bloomberg The UK’s white-collar crime prosecutor is preparing to open a formal bribery investigation into Glencore Plc and its work with billionaire Dan Gertler and the leader of Democratic Republic of Congo, according to two people with knowledge of the matter. Investigators at the Serious Fraud Office plan to seek formal approval for a full probe into Glencore’s dealings in ...

Bloomberg The largest proxy advisory firm is recommending that investors reject two of Tesla Inc.’s board members, while also supporting a proposal to split the role of chairman and chief executive officer — jobs now held by Elon Musk, the public face of the electric-car maker. By opposing directors Antonio Gracias and James Murdoch, and seeking to install an independent ...

Bloomberg Facebook Inc. doesn’t know how news organisations will fit into an initiative to provide transparency for political advertising on its social network. The company came up with a policy that puts news publishers in the same category as political publishers for the purposes of its new ad-transparency efforts. Facebook told media organisations they would have to verify their identities ...

Bloomberg Russia said the US will have to drop its opposition to negotiating directly with the Taliban on the eventual pullout of American troops from Afghanistan or face a grinding and bloody war for years to come. The US refusal to talk with the hard-line extremist movement that controls 40 percent of Afghan territory is “why we are at a ...

Sharjah / Emirates Business Sharjah Investment and Development Authority (Shurooq) has signed a Memorandum of Understanding (MoU) with REI Holding Group and Haewon Medical Foundation Sejong General Hospital to establish the first Korean hospital in Sharjah. The signing ceremony took place in the South Korean capital Seoul, where HE Marwan bin Jassim Al Sarkal, as well as several representatives from ...

DUBAI / WAM The Roads and Transport Authority (RTA), signed a Memorandum of Understanding (MoU), with the Dubai Corporation for Ambulance Services enabling the issuance of approvals for ambulance vehicles operated by private health entities online. This move is a part of the RTA’s strategy to step up cooperation with all Dubai government departments and share information and knowledge in ...