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Masdar transforms business operations

DUBAI / WAM The Abu Dhabi Future Energy Company, Masdar, has implemented Tejari-JAGGAER sour- cing and eProcurement system to facilitate an automated, efficient and paperless procurement and contracts system for the company. One of Masdar’s core objectives is to support the UAE Energy Strategy 2050, which aims to increase clean energy 25 to 50 percent. Masdar recognises that a streamlined ...

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Abu Dhabi scraps IPO of Spanish oil refiner Cepsa

Bloomberg Abu Dhabi shelved plans for an initial public offering of a 25 percent stake in Spanish oil refiner Cepsa. “Recent international economic developments have created uncertainty in international capital markets,” said Cepsa, which is controlled by Abu Dhabi’s state-owned Mubadala Investment Co. The offering would have valued Spain-based Cepsa at between 7 billion euros ($8.1 billion) and 8.1 billion ...

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Digital health start-ups raise record $11.5 billion in 2017

DUBAI / WAM Arab Health, an exhibition for healthcare and trade professionals in the Mena region, has outlined the role of tech start-ups in playing a more vital role in the healthcare industry in areas such as personalised medicine and more efficient technology-enabled care models. The report, titled ‘Technology: Accelerating Innovation Across Healthcare’, revealed that digital health start-ups are said ...

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