DMCC NOW HANDLES 53 MILLION KILOS OF TEA PER YEAR, REPORTS 29 PER CENT CAGR AS WORLD TRADE GATHERS AT 7TH GLOBAL DUBAI TEA FORUM 2018
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- Category: Corporate World
DMCC, the world’s leading Free Zone for commodities trade and enterprise, hosted the first day of its two day Global Dubai Tea Forum at The Address Dubai Marina, under the theme of “Brewing the Future of Trade".
TIPA World Awards 2018 honours for the Nikon D850, D7500, COOLPIX W300, and AF-S NIKKOR 180-400mm f/4E TC1.4 FL ED VR
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- Category: Technology
Nikon Middle East FZE is proud to announce that four of its latest imaging products are recipients of the prestigious TIPA World Awards 2018. The Nikon D850 was selected for the Best DSLR Professional award, the Nikon D7500 for the Best APS-C DSLR Expert award, the COOLPIX W300 for the Best Rugged Camera award, and the AF-S NIKKOR 180-400mm f/4E TC1.4 FL ED VR picked up the Best Professional Lens award.
Dubai Culture Hosts a Reading Initiative to Celebrate International Children’s Book Day
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- Category: Events and Conferences
Dubai Culture & Arts Authority (Dubai Culture), the Emirate’s dedicated entity for culture, arts and heritage, joined the world in celebrating International Children’s Book Day on 2nd April 2018 through the Dubai Public Library.
Paladion Launches the First AI-Driven SOC in the Middle East
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- Category: Technology
Paladion has launched the first AI-driven SOC in the Middle East to protect enterprises in the region from next-generation threats.
Falconcity of Wonders to foster exchange of knowledge & collaboration at 69th FIABCI World Real Estate Congress hosted by Dubai Land Department
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- Category: Corporate World
Falconcity of Wonders LLC - the developer behind Falconcity of Wonders (FCW) multipurpose mega project being built in Dubai - announced its participation at the 69th FIABCI World Real Estate Congress hosted by the Dubai Land Department (DLD) and organized by the International Real Estate Federation, as the Congress’ Platinum Sponsor. The ‘FIABCI Dubai 2018,’ held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, reflects the international community’s trust in the emirate’s investment opportunities, also owing to the unique elements that rightly position it to host some of the world’s largest events. The FIABCI Congress will be held from April 27th to May 2nd, 2018, at the Dubai World Trade Center’s Al Maktoum Hall.
Economic Confidence In Middle East Rebounds Amid Reforms And Strong Global Outlook
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- Category: Finance World
The latest Global Economic Conditions Survey (GECS) from ACCA (the Association of Chartered Certified Accountants) and IMA® (Institute of Management Accountants) found that global economic confidence is at its highest level in years, with strong growth since the start of 2017.
Confidence in the Middle East has rebounded strongly, and now stands at its highest level since Q2 2015. GECS is the largest regular economic survey of accountants around the world, in terms of both the number of respondents and the range of economic variables it monitors.
‘Economies in the Middle East have benefited from rising oil prices along with an improving global outlook,’ says Lindsay Degouve de Nuncques, Head of ACCA Middle East. ‘The UAE in particular has enjoyed an increase in non-oil exports and increased spending ahead of the 2020 World Expo. The rise in confidence is encouraging given the country introduced VAT this year, providing further economic stimulus.
In Saudi Arabia, the government is making great strides in realizing Vision 2030 by further embracing economic reforms, including the introduction of VAT and the recent push to open up and include more women in the workforce, further promoting a diverse and inclusive economy. With economic diversification, reform and further fiscal solidarity across the region, the increase in sentiment provides further encouragement for businesses and finance professionals.”
Hanadi Khalife, Director, MEA & India Operations, Institute of Management Accountants states “the results of the report show positive trends for the Middle East region, where diversifying the economy is a major focus for many of the key markets including the UAE and Saudi Arabia. Regional governments are investing heavily in driving innovation, new technology and creating job opportunities for current and future generations. The management accountancy industry is one of the sectors that is providing exciting opportunities for successful careers and we look forward to seeing continued growth in confidence and economic development within the region.”
Commenting on the global outlook Narayanan Vaidyanathan, Head of Business Insights at ACCA mentions that ‘the outlook for the global economy is as good as it has been for some time.’ ‘The continued rising confidence, led by North America, is also benefitting other key trading economies such as Africa and South Asia.’
‘The biggest concern on a global level is the potential for a full-blown trade war between US & China. While initial measures taken are not sufficient to disrupt either economy, an escalation could have global effects for their many regional trade partners.’
Source: AETOSWire
Saja Hotels & Resorts Announces its Participation in the Arabian Travel Market 2018 Exhibition in Dubai
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- Category: Hotels and Dining
Saja Hotels and Resorts, the leading Saudi hotel and condominium management and operation company that recently opened the Saja Al Madinah Hotel in Madinah, Saudi Arabia is participating at the 25th Arabian Travel Market (ATM) exhibition taking place in Dubai from 22 to 25 of April 2018.
DUBAI INITIATIVES DRIVING SHORT-TERM RENTAL GROWTH ‘SHOWS CITY TACKLING GLOBAL CHALLENGES HEAD ON’
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- Category: Corporate World
Dubai government initiatives driving the growth of short-term property rentals show an innovative city prepared to tackle global market challenges head on, a real estate chief said today.
