October, 2019

• 8 October

  Sheikh Mohamed meets delegates from UAE’s ‘top government centres’

  

  Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has received the representatives from the UAE’s top five best performing government service centres. During the reception, held at the Sea Palace in Abu Dhabi, His Highness congratulated the representatives noting their dedication and ...

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• 8 October

  UAE continues to support education sector in Yemen

  

  TAIZ / WAM The UAE continues to support the education sector in Yemen, including opening a new school which is helping more than 1,000 students continue their studies. The Qutaibah ibn Muslim School in Al Wazi’iyah, Taiz, is the fifth school to be inaugurated since September as part of the UAE’s “Back to School Campaign” in the area, which so ...

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• 8 October

  Dubai elected for Waipa presidency

  Dubai / WAM Dubai, represented by the Dubai Investment Development Agency (Dubai FDI), has been elected for the Presidency of the World Association of Investment Promotion Agencies (Waipa). Dubai FDI will be president of new Steering Committee that will lead global FDI body from 2019 to 2021, reflecting the confidence of the international community in the emirate’s abilities to lead ...

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• 8 October

  Global experts discuss adoption of blockchain tech in key sectors

  

  Dubai / WAM The UAE’s Centre for the Fourth Industrial Revolution hosted local and international experts from government and private entities, and blockchain technology providers, to identify the main governance challenges in adopting blockchain technology in government and private sectors. The meeting was held as part of the centre’s Blockchain Governance Accelerator programme, organised in collaboration with the World Economic ...

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• 8 October

  IT spending in UAE forecast to exceed $6.3b by 2019-end

  

  Dubai / Emirates Business The UAE’s IT spending is expected to grow by a compound annual growth rate (CAGR) of 8 percent to reach AED 23.1 billion by the end of 2019, new analysis from Dubai Chamber of Commerce and Industry has revealed. The analysis, based on recent data from Fitch Solutions, was released on the sidelines of Gitex Technology ...

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• 8 October

  DIFC receives Fintech hub of the year’ award

  

  Dubai / WAM Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia and home to the largest, most developed fintech ecosystem in the region has been awarded ‘FinTech Hub of the Year’ in the FinX awards. This accolade reflects DIFC’s achievements as a global hub for innovation and excellence and further cements ...

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• 8 October

  UAE’s best practices, governance models explored

  ABU DHABI / WAM Government delegations from Egypt, Jordan and Uzbekistan explored the UAE’s successful experiences and governance models through official visits, as part of relevant strategic partnership agreements related to government modernisation. The visits aim to reinforce related partnerships and exchange knowledge and success stories, as well as present development ideas and visions for improving government work and supporting ...

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• 8 October

  FANR keen to reinforce UAE’s response to N-emergencies

  

  Abu Dhabi / WAM The Federal Authority for Nuclear Regulation (FANR), is keen to coordinate with the National Emergency and Crisis and Disasters Management Authority (NCEMA), to reinforce the country’s response to radiation or nuclear emergencies. According to its annual report, FANR conducted around 15 training sessions and related exercises to ensure its readiness to handle radiation and nuclear emergencies, including ...

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• 8 October

  SoftBank damage from Uber, WeWork may exceed $5bn

  

  Bloomberg Masayoshi Son’s startups have had a rough few months, from a botched initial public offering by WeWork to a sharp decline in shares of Uber Technologies Inc. Now analysts are beginning to calculate that the damage for Son’s SoftBank Group will likely reach into the billions of dollars. Mitsubishi UFJ Morgan Stanley Securities Co cut its profit estimate for ...

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• 8 October

  Samsung heir Lee to give up board seat before bribery probe

  

  Bloomberg Samsung Electronics Co’s de facto leader, Lee jae-yong, plans to give up his board seat after his directorship expires late October as he prepares for another trial over alleged bribery, a person familiar with the matter said. The billionaire heir won’t seek to extend his three-year term on the board of the tech behemoth when it ends on October ...

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