Business & Money | Tuesday 6 March, 2018 12:45 pm

SWIFT gpi reduces cross-border payment times to minutes, even seconds

100 financial services professionals from across the Middle East are attending SWIFT gpi Day in Dubai today. More than 100 billion USD in SWIFT gpi messages are being sent every day, enabling payments to be credited to end beneficiaries within minutes - many within seconds.   Overall,...

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Business & Money | Tuesday 6 March, 2018 12:24 pm

‘ZAK World of Facades’ to examine future trends in façade materials

The fourth edition of the ‘Zak World of Façades’ in Dubai, will examine the use of new cladding materials as an alternate replacement to aluminium composite panels.  Over 400 delegates from the regional industry are expected to attend the event which will have on...

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Business & Money | Tuesday 6 March, 2018 8:53 am

Portsmouth Aviation partners with Sipchem’s Subsidiary WAHAJ to Build Local Parts Manufacturing Capabilities in Aerospace & Defense Sector

Portsmouth Aviation Limited and Saudi Specialized Products Company - Wahaj (“WAHAJ”) have signed a Teaming Agreement in order to establish advanced manufacturing capabilities in the Kingdom of Saudi Arabia, for the joint integration and manufacture of sub-components mechanical parts for ...

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Business & Money | Tuesday 6 March, 2018 6:53 am

Billions of dollars are being spent in Dubai to retrofit buildings

Dubai’s Etihad ESCO announced in 2017 that they are planning to implement up to US$ 43.56 million worth of projects this year, diversifying beyond building retrofits into industrial retrofits and solar power projects – ESCO has awarded the tender in May 2017 for the development and...

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Business & Money | Tuesday 6 March, 2018 5:22 am

Dubai non-oil foreign trade with Japan stands at AED 42 billion in 2017

Dubai's non-oil foreign trade with Japan reached AED 41.82 billion in 2017. Imports totaled AED 38.35 billion, while exports stood at AED 2.69 billion and re-exports at AED 780 million.   According to recent data released by Dubai Customs, in parallel with the UAE-Japan Strategic...

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Business & Money | Tuesday 6 March, 2018 3:16 am

UAE Exchange partners with Kayan Labs for rise mobile application

The UAE population comprises of approximately 80% migrant workers, with blue-collared constituting the major segment. The blue-collared workers are also among the underserved and unbanked communities who have no or limited access to the financial services. To bring such workers under the financial...

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Business & Money | Tuesday 6 March, 2018 2:04 am

Packed Agenda for Invest in Sharjah Strengthens Trade Ties with India

Sharjah FDI Office (Invest in Sharjah) has met with many of India’s leading industrialists, entrepreneurs and government officials in a highly impactful tour of the sub-continent, participating in trade conferences and partnership summits in a packed schedule to promote Sharjah’s vast...

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Business & Money | Monday 5 March, 2018 6:16 pm

The Board of Directors of the Central Bank of the UAE held its 2nd meeting for 2018

The Board of Directors of the Central Bank of the UAE held its 2nd meeting for 2018 at 9:30am on Sunday, 4th March 2018, at the Central Bank Head Office – Abu Dhabi, under the chairmanship of H.E. Khalifa Mohammed Al Kindi, Chairman of the Board. The meeting was attended by H.E. Khalid Juma...

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Business & Money | Monday 5 March, 2018 5:38 pm

90% of Professionals Say Fresh Graduates Should Have a Career Objective on Their CV, According to a Bayt.com Survey

‘The Perfect Fresh Graduate CV in the Middle East’ poll, conducted by Bayt.com, the Middle East’s leading Job Site, revealed a variety of insights about the content, structure, and components that make the ideal fresh graduate CV for getting hired today. According to the survey, a ...

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Business & Money | Monday 5 March, 2018 5:28 pm

Dubai Customs honours ‘Innovator Award’ winners

The Service Innovation Department of Dubai Customs (DC)  honoured the winners of Innovator Award, an innovation-centred internal competition among DC employees and business units. The winners were congratulated and recognized by Ahmed Mahboob Musabih, DC Director, in presence of executive...

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