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Dubai among 50 cities selected to host innovation contest

Dubai / WAM Dubai is among the 50 international destinations selected to play host to the 2018 edition of ‘Falling Walls Lab’, a global innovation challenge that aims to identify ground-breaking ideas and nurture high potential talent. The competition, which will take place at the Canadian University Dubai (CUD), on September 30, was launched at the Dubai Technology and Entrepreneur ...

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UAE-China trade rises 15% to $53bn in 2017

ABU DHABI / WAM The value of trade exchange between the UAE and China in 2017 grew to $53.3 billion (AED195.8 billion), compared to $46.3 billion (AED169 billion) in 2016, an increase of 15.1 percent. A report on the non-oil foreign trade exchange between the UAE and China explained that this increase is the result of the rise in re-exports ...

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Waha Capital plans to hire for new funds

Bloomberg Abu Dhabi investment firm Waha Capital PJSC plans to hire more people as it seeks to start new funds, one of which will target undervalued US and European equities. “Our strategy is to increase fee income by raising third-party assets under management,” Chief Executive Officer Michael Raynes said in an emailed response to questions. “The focus is to take ...

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