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Dubai Quickly Becoming Popular as a Startup Hub

February 8, 2017 UAE Business 0

The recent immigration ban has caused a lot of startups and large tech companies in the US to rethink their strategies. It is more difficult to get existing talent – those who already have a valid visa and a job in a US-based company – back after they leave the country. Trying to bring in new talent is even more difficult. Read more

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Cyber Criminals Name and Shame 1000 ‘Rippers’ On New Website

February 7, 2017 UAE Business 0

Cyber criminals develop service to protect themselves from scammers

A service set up to protect cyber criminals from being ‘ripped off’ by their fellow criminal cohort has recently identified the 1,000th culprit that has failed to come up with the goods. Ripper.cc was formed in June 2016 and is the only known service to keep a database of known ‘rippers’ – those who rob others on the dark web and other criminal marketplaces. Digital Shadows has been tracking the service since its inception. Read more

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Al Shafar Steel Engineering to Double Facilities at Dubai Industrial Park

February 6, 2017 UAE Business 0
  • AED175 million expansion to make ASSENT one of the largest steel companies in the region
  • The new expansion makes Shafar one of the largest steel companies in the region, spread over an area of 2.4 million square feet.

Al Shafar Steel Engineering LLC (ASSENT), a leading company in the field of structural steel design and manufacturing and a member of the UAE-based Al Shafar Group of Companies, has announced the expansion of its facilities located at Dubai Industrial Park. The expansion, which will result in one of the largest steel manufacturing companies in the region, is geared to grow the company’s operational footprint in the UAE and the wider GCC region. Read more

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Five Key Questions to Ask Before Migrating to the Cloud

February 4, 2017 UAE Business 0

Migrating applications to the cloud offers incredible opportunities that can make your business more versatile and efficient. Collaboration is often easier with the cloud, for example, and it can make disaster recovery a breeze. However, the cloud isn’t necessarily the right choice for every application. Is your team thinking of shifting your application to a cloud-based model? Make sure to take the following considerations into account before making your move: Read more

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Hamdan Bin Rashid Al Maktoum Award for Distinguished Academic Performance joined Dubai Quality Group as an Investor partner

February 2, 2017 UAE Business 0

Hamdan bin Rashid Al Maktoum Award for Distinguished Academic Performance signed an investor partnership agreement with Dubai Quality Group (DQG) to activate fruitful cooperation between both parties to foster quality, business excellence, innovation, education performance, and leadership in the education sector Read more

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Emirates NBD act as Sole Global Coordinator for Africa’s $150m Inaugural Susuk Issuance.

January 30, 2017 UAE Business 0

The Africa Finance Corporation’s (AFC) issuance represents the global market’s first USD Sukuk transaction of 2017 and the first Sukuk transaction from an African supranational entity. The pan-African multilateral development finance institution and project developer, AFC, issued its maiden Sukuk which is the highest-rated Sukuk issuance from an African institution. Emirates NBD Capital played a role as the Sole Global Coordinator in the 150 million USD transaction which has an estimated final order book of approximately 230 million USD. Read more