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Trump plans tech export curbs in swipe at China

Bloomberg The Trump administration is considering tighter curbs on technology exports, a step that Deutsche Bank AG says would have a “profound and long lasting adverse impact” on relations between the US and China. A request for public comment, published on the US government’s Federal Register, asks if a list of new technologies that have national security applications — from ...

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Letters of guarantee amount to AED12.7bn

Abu Dhabi / WAM The letters of guarantee issued by banks and other business entities in the UAE amounted to AED12.7 billion during the first nine months of 2018, a growth of 15 percent as compared to the end of 2017, according to the Central Bank of the UAE. In September, the value of the letters of guarantee provided by ...

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GCC fintech startups to attract $2bn in funding

Sharjah / Emirates Business Investments in Gulf-based fintech startups are expected to reach $2 billion in the next decade, compared to a $150 million invested in the last 10 years, according to a new study by Mena Research Partners (MRP), a leading rese-arch company in the region. The study was released on Tuesday, to coincide with the Sharjah Entrepreneurship Festival, ...

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