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DEWA unit-Dell deal to develop cloud computing solutions

Dubai / WAM Data Hub Integrated Solutions (MORO), a fully-owned subsidiary of Dubai Electricity and Water Authority (DEWA) signed a Memorandum of Understanding with Dell to enhance collaboration and partnership between the two companies and to develop and deliver cloud computing solutions, integrated infrastructure administration services and servers, secure data storage solutions, innovative information technology applications. The MoU facilitates enhanced ...

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SCA: 633 marketing foreign funds in UAE by end of 2016

ABU DHABI / WAM The number of marketing foreign funds incorporated by the Securities and Commodities Authority (SCA) in the UAE grew 5.6 percent to 633 funds by the end of 2016, from 599 in 2015. SCA in recent statistics indicated that the number of foreign marketing funds operating in the country over the past five years jumped from 218 ...

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Emirates, flydubai seek closer ties to boost returns

PARIS / Reuters Emirates, the Middle East’s largest airline, and budget carrier flydubai will start to deepen their relationship over the next 18 months as their owner, the Dubai government, seeks to improve returns. Emirates President Tim Clark told reporters on Wednesday that changes could include more closely coordinated connecting – or feeder – flights, and a joint decision on ...

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