October, 2019

• 8 October

  New IMF chief warns of ‘serious risk’ global slowdown will spread

  

  Bloomberg Kristalina Georgieva, in her first major address as head of the International Monetary Fund (IMF), painted a downbeat picture of the world economy and said a more severe slowdown could require governments to coordinate fiscal-stimulus measures. In a speech that sets the tone for next week’s annual meeting of the IMF, Georgieva said the fund will cut its growth ...

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• 8 October

  Emirates offers special fares to Mexico

  

  Dubai / Emirates Business Ahead of its inaugural flight to Mexico City via Barcelona on December 9, Emirates is offering travellers in the UAE a chance to book early and discover one of most fascinating and vibrant cities in the Americas. Families and solo travellers can also take advantage and venture to a new destination this winter. Economy Class passengers ...

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• 8 October

  ADX showcases tech advances at Gitex

  

  Abu Dhabi / Emirates Business Abu Dhabi Securities Exchange (ADX) is showcasing its key advances in artificial intelligence and in digitisation that enhance the services of the Exchange for local and international investors. The technology developments Arqam and ADX Digital Wallet powered by payit were demonstrated at the Abu Dhabi Government Pavilion at Gitex Technology Week 2019, taking place 6th-10th ...

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• 8 October

  AFZ launches innovative apps, IT platforms at Gitex

  

  Ajman / Emirates Business Ajman Free Zone (AFZ) chose this year’s Gitex exhibition to officially launch a number of IT platforms and APPs in order to further simplify the business set-up process and improve efficiencies. The organisation’s new technologies are transforming the customer experience and are enabling it to compete on a global scale for business investment. The Free Zone’s ...

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• 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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