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Conference on cyber risks to Islamic banking from Dec 5-7

  Abu Dhabi / Emirates Business DarkMatter, an international cyber security firm headquartered in the UAE, announces its participation at the forthcoming World Islamic Banking Conference (WIBC) 2016, taking place between December 5-7, at the ART Rotana Hotel, Amwaj Islands, Manama, Bahrain. DarkMatter is the Cyber Security Innovation Partner to the event. Celebrating its 23rd year of existence, the conference ...

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Schon Properties announces AED3.2bn iSuites

  Dubai / Emirates Business Schon Properties, recipient of the Top Private Developer award for 2016 by Forbes Middle East, announces the development of iSuites – a massive AED3.2 billion (US$870 million) home-grown hospitality portfolio that will see the development of 2,700 hotel apartments at a single site within Dubai Investment Park – close to the World Expo 2020 site. ...

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Swift to organise Business Forum on Dec 7

  Abu Dhabi / Emirates Business SWIFT, a global provider of secure financial messaging services, announces that it is hosting its UAE Business Forum in Abu Dhabi on December 7. Senior representatives from the UAE’s banking and financial industry will join regulators and policy makers to discuss the challenges and opportunities for the country’s financial services industry. The Forum will ...

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ECMIT to participate in Oxford Summit of Leaders 2016

  Dubai / Emirates Business The Emirates College of Management & Information (ECMIT), a leading private higher educational institution based in Dubai, has confirmed its participation in the Oxford Summit of Leaders 2016, the annual event for education, scientific research and business, to be held under the theme ‘Investment in Science and Education: Investing in the Future’ on December 20 ...

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RAK’s hospitality market sees upward trend

  Ras Al Khaimah / Emirates Business According to the Q3 2016 RAK MarketView, RAK’s hospitality market is currently one of the country’s tourism bright spots, as it bucks wider regional trends of declining room revenues, recording year-to-date occupancy growth of 13.6% up to the month of September (STR Global). The Emirate now has well over 5,000 hotel and hotel ...

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US universities press Trump to backtrack on deporting thousands

  New York / AFP More than 350 US universities are urging President-elect Donald Trump to change his mind and keep a program that lets hundreds of thousands of undocumented young people study and avoid deportation. Nicknamed “Dreamers,” they are the estimated 1.2 million young people who were brought to the United States illegally as children, grew up without US residency ...

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Asylum-seeker activists target Aussie parliament

  Sydney / AFP Australia’s parliament was hit by a second day of protests by anti-offshore detention centre activists on Thursday with two people abseiling down the building to unfurl a banner reading “close the bloody camps now”. While the pair scaled Parliament House a dozen others waded into a forecourt pond and added red dye to symbolise blood while ...

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Rio Tinto reveals US probe into Mozambique writedown

  London / AFP Anglo-Australian miner Rio Tinto on Thursday said that for more than three years it has faced an investigation by top US financial regulator SEC over a writedown of Mozambique assets. “In response to press reports regarding a US Securities Exchange Commission investigation, Rio Tinto confirms that it is cooperating with inquiries from the relevant authorities relating ...

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Ukraine launches missile drills near Crimea

  Kiev / AFP Ukraine on Thursday unleashed a barrage of missile tests near Russian-annexed Crimea in a show of strength and defiance bound to irritate Moscow. The two-day military drills near the Black Sea peninsula are a first for the former Soviet republic and a sign that it is regaining assertiveness in the face of its arch-foe Russia. “No one ...

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Australia passes bill to detain terrorists indefinitely

  Sydney / AFP High-risk terror offenders in Australia may now be kept in jail even after serving their sentences, under legislation passed on Thursday that strengthens laws to tackle the threat posed by extremists. Prime Minister Malcolm Turnbull flagged the move in July, prompted by the frequency and severity of attacks around the world. It will allow Attorney-General George Brandis ...

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