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July 17, 2016 Local News
Sharjah / Emirates Business Mothers and their little ones made the most of an exciting programme of water-based activities that started at Sharjah Ladies Club (SLC). Titled ‘Fun, Splashy Summer,’ the programme features an array of entertaining shows and aquatic activities that takes place every Thursday, Friday and Saturday up until July 30. Fun, Splashy Summer saw a large ...
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July 17, 2016 Local News
DUBAI / Emirates Business The UAE is experiencing a digital wave. Consumers are increasingly going online for all their needs. From booking air tickets to shopping for electronics, consumers rely on digitalization for convenience shopping. As such the UAE government aims to offer digital platforms across all works of life. In line with the Dubai Government strategy to promote ...
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July 17, 2016 Local News, Uncategorized
RITIKA SHARMA / Emirates Business Though much is being said and done to promote small and medium scale enterprises (SME) in the region, there are certain aspects that need special attention, experts opine. A recent report suggests that SMEs in the region are still struggling with funding gaps and lack of commercial expertise. It is notable that while SME sector ...
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July 17, 2016 Local News
Emirates Business In yet another expert-led analysis of the regional as well as global market trends, Al Masah Capital Management Limited reviewed a rise in Venture Capitalism, the dynamic nature of Small and Medium Enterprises and their significant roleplay in fostering innovation and promoting global economies. Suggesting a robust growth, the weight of SMEs in global economies have been ...
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July 17, 2016 Local News
RITIKA SHARMA / Emirates Business Not only are cloud-based services making various companies in the Middle East efficient and productive, they are also helping in saving a huge amount of money that was otherwise spent on data connectivity and hardware maintenance. Regional experts claim that a thoughtful use of cloud services by all industries can cut the additional costs by ...
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July 17, 2016 Local News
Dubai / Emirates Business Despite apartment and villa sale prices dropping steadily for 2 years, a recent survey of propertyfinder’s consumer audience found that just 30% of its UAE residents have bought property here, meaning a sizeable 70% of them are still renting, even though half have resided here for 5 years or more. This is contrary to more developed ...
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July 17, 2016 International News, Uncategorized
Bloomberg Discount Investment Corp. is poised for the biggest increase on record after entering into an accord to sell its remaining stake in Adama Agricultural Solutions Ltd., the world’s largest maker of generic agro-chemicals, to China National Chemical Corp. Shares in Discount leaped 23 percent to 10.94 shekels in Tel Aviv in 21 times the 3-month average daily volume. ...
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July 17, 2016 International News
Bloomberg India’s first Masala bond from Housing Development Finance Corp, the nation’s biggest mortgage lender, opens the door for other high-quality issuers to tap the nascent offshore rupee-debt market, according to Credit Suisse Group AG and Nomura Holdings Inc. HDFC sold 30 billion rupees (US$447 million) of three-year, one-month notes at an annualized yield of 8.33 percent, compared with ...
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July 17, 2016 International News
Bloomberg Some of Asia’s biggest technology companies are backing the latest fund from DCM Ventures, extending the corporate venture boom that hit a 15-year high last year. DCM Ventures had completed a final close of its primary fund at US$500 million and had wrapped up two separate funds: a US$100 million vehicle for fledgling startups using emerging platforms such ...
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July 17, 2016 International News
Bloomberg New Zealand Prime Minister John Key will be joined by Trade Minister Todd McClay in Indonesia this week as he seeks to boost trade between the two countries. McClay said he is traveling to Indonesia Sunday to join Key and a high-level business delegation for a two-day visit to New Zealand’s 11th largest export market. “Our two-way trade ...
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