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GCC IoT market to hit $11bn by 2025

DUBAI / Emirates Business The Internet of Things (IoT) has the potential to unlock up to 11 percent in incremental GDP driving economic growth in the GCC region, according to A. T. Kearney’s latest report, ‘IoT in the GCC: Building a Brighter, More Sustainable Future’. By 2025, the IoT solutions market in the region will be worth $11 billion, generating ...

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Abu Dhabi, Tokyo to boost investment ties

TOKYO / WAM Ways of advancing economic relations between Abu Dhabi and Tokyo to a higher level and promoting the private sector’s contribution to the development drive were discussed at a meeting that grouped senior officials from the two sides in Tokyo on Tuesday. The meeting came during a visit by a UAE delegation participating in the 5th session of ...

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256 institutional investors registered on ADX in H1

ABU DHABI / WAM The total number of investors in Abu Dhabi Securities Exchange (ADX), by the end of H1 2017 reached 961,000 with a total of 2,276 investor numbers issued by ADX during the same period. Of the total numbers issued during the first half of 2017, 2020 were for individuals and 256 for institutions. Up to 1,173 numbers ...

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