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Dubai Smartpreneur contest deadline extended

  Dubai / Emirates Business The Dubai Chamber of Commerce and Industry (DCCI) announced March 28 as the deadline for receiving applications for the second edition of the Dubai Smartpreneur Competition, which was launched recently in cooperation with the Smart Dubai Office. The Dubai Smartpreneur Competition gives aspiring entrepreneurs the opportunity to be part of Dubai’s mission to create happiness ...

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DMC, Dubai Lynx to empower creative community

  Dubai / Emirates Business Dubai Media City (DMC), a member of Tecom Group, partnered once more with the Dubai Lynx International Festival of Creativity (Dubai Lynx) to enable the sustained growth of the region’s thriving media and creative communications industry. The annual event for the creative communications industry in the MENA region ran from March 5 to 8 at ...

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India-UAE Business Leaders Forum to boost bilateral trade

  Dubai / Emirates Business India and UAE announced the formation of the Business Leaders Forum (BLF) to augment bilateral trade between both countries. The Forum will work towards strengthening ties between both countries and enhance economic cooperation and investments. The Business Leaders Forum will provide a platform for exchange of ideas and help investors unlock the enormous growth potential ...

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Indonesia lures Middle East investment as US turns inward

  Bloomberg As one of Asia’s fastest-growing economies and the most populous Muslim nation in the world, Indonesia is billing itself as a natural home for Middle Eastern investment at a time when the US is turning inward. With a landmark visit by Saudi Arabia’s King Salman bin Abdulaziz to Southeast Asia winding down this week, Indonesia has won pledges ...

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Myanmar next Vietnam with 10% growth, says UK diplomat says

  Bloomberg Myanmar could be the next Vietnam or Thailand, with the economy having the potential of growing as much as 10 percent, a senior British diplomat said. The Southeast Asian nation, which is opening its economy to investors after decades of military rule, has to overcome challenges including a shortage of power supply, lack of policy clarity and high ...

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No relief for Hong Kong tycoons riled by high China land bids

  Bloomberg Shum Chiu Hung, chairman of Chinese developer Times Property Holdings Ltd., has advice for those dismayed at record land bids in Hong Kong by mainland firms: “Get used to it.” Chinese developers have dominated Hong Kong’s land sales this year, splurging more than $2.9 billion to win all three residential plots tendered, including a record sum for a ...

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Why Eastern Europeans want more sugar in their Sprite!

  The new push for a “multi-speed Europe,” in which only those countries that want a closer union pursue it, will almost inevitably fuel resentment in Eastern Europe, where politicians are already up in arms about being treated as second-class Europeans. A battle over food quality has become a major proxy for that resentment. The Visegrad Four — Poland, the ...

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Europe’s markets need Draghi to fight Germany’s dominance

  European Central Bank President Mario Draghi is set to preside over a lot of nothing happening at policy meeting. This would be a missed opportunity. Bundesbank actions are worsening already-dangerous inefficiencies in European markets, and undermining the impact of the ECB’s bond purchases. Draghi has to demonstrate that his Governing Council is not controlled by the Germans. Financial creativity ...

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India’s big brother may be getting a bit too big

  To govern India is to be constantly overwhelmed. So much needs to be done, and there’s so little to do it with. It’s hardly surprising that the Indian state is rarely ambitious. It seeks to manage, not to transform. One recent government initiative, less than a decade old, is by contrast epic in scope: the attempt to provide every ...

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