Abu Dhabi / WAM startAD, the innovation and entrepreneurship platform anchored at NYU Abu Dhabi, has partnered with Khalifa Fund for Enterprise Development for the first time to present an updated version of Ibtikari (My Innovation). The fourth edition of Ibtikari will be an intensive six-month incubator aimed at helping UAE nationals advance their technology startups. Scheduled to take place ...
Read More »Hamdan bin Zayed inspects infra projects in Al Mirfa
Abu Dhabi / WAM His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, visited the city of Al Mirfa to inspect several current and future development and infrastructure projects. Sheikh Hamdan visited several residential, commercial, industrial and investment areas that were recently surveyed, with the aim of developing them as residential and commercial properties for ...
Read More »Ministry launches ‘unified smart platform service’
Abu Dhabi / WAM The Ministry of Finance (MoF), launched a smart unified platform service that links all e-revenue collection systems of the federal government, during a workshop by the ministry, which saw the participation of more than 20 federal government entities. The platform was designed to connect all revenue collection E-Systems for Federal Government, which, in turn, enhances the ...
Read More »Dubai among 50 cities selected to host innovation contest
Dubai / WAM Dubai is among the 50 international destinations selected to play host to the 2018 edition of ‘Falling Walls Lab’, a global innovation challenge that aims to identify ground-breaking ideas and nurture high potential talent. The competition, which will take place at the Canadian University Dubai (CUD), on September 30, was launched at the Dubai Technology and Entrepreneur ...
Read More »UAE-China trade rises 15% to $53bn in 2017
ABU DHABI / WAM The value of trade exchange between the UAE and China in 2017 grew to $53.3 billion (AED195.8 billion), compared to $46.3 billion (AED169 billion) in 2016, an increase of 15.1 percent. A report on the non-oil foreign trade exchange between the UAE and China explained that this increase is the result of the rise in re-exports ...
Read More »Waha Capital plans to hire for new funds
Bloomberg Abu Dhabi investment firm Waha Capital PJSC plans to hire more people as it seeks to start new funds, one of which will target undervalued US and European equities. “Our strategy is to increase fee income by raising third-party assets under management,†Chief Executive Officer Michael Raynes said in an emailed response to questions. “The focus is to take ...
Read More »MoF unveils smart platform to link e-revenue systems
ABU DHABI / WAM The Ministry of Finance (MoF) launched a smart unified platform service that links all e-revenue collection systems of the federal government, during a workshop by ministry, which saw participation of over 20 federal government entities. The platform was designed to connect all revenue collection e-Systems for Federal Government, which, enhances the delivery of public services to ...
Read More »Uber in talks with Careem to merge in Middle East
Bloomberg Uber Technologies Inc and Careem Networks FZ are in preliminary talks to combine their Middle Eastern ride-hailing services, hoping to resolve a costly rivalry as Uber prepares for a public offering next year, according to three people familiar with the matter. The companies have discussed a number of potential deal structures, but they haven’t come to an agreement on ...
Read More »Expo 2020 ties up with DarkMatter to protect digital network, data
DUBAI / WAM Expo 2020 Dubai is teaming up with UAE-headquartered DarkMatter to deploy advanced cyber security technologies that will help safeguard Expo’s digital experience for millions of visitors and 180 country participants. As Expo 2020 Dubai’s Official Cyber Security Provider, DarkMatter is responsible for overseeing the cyber security of Expo 2020’s entire digital platform, as well as the applications ...
Read More »CPI for health group up 3.1% in first quarter
ABU DHABI / WAM The Consumer Price Index (CPI) for the health group rose 3.1 percent to 103 points during the first quarter as compared to the corresponding period last year, according to figures issued by Statistics Centre – Abu Dhabi (SCAD). The figures showed an increase in prices of medical equipment, devices and diagnostic products of 4.7 percent during ...
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