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Groupe Renault acquires a 40% share in the Challenges media group

Groupe Renault and the Challenges Group have combined efforts to develop editorial services for connected, autonomous cars and to respond to new opportunities for innovative ways of distributing content. Groupe Renault will acquire 40% of the capital of the Challenges Group, which comprises five magazines: Challenges, Sciences & Avenir, La Recherche, L’Histoire and Historia. Upon […]

UAE Ministry of Finance partners with Finovate Middle East

….to drive innovation in Financial Technology Preview event calls for innovation, growth and investment in fintech in line with UAE Vision 2021 The UAE Ministry of Finance has joined forces with a global fintech conference series to drive innovation, growth and investment in financial, banking and payments technology in the Middle East.   The strategic […]

New Emiratisation program launched to support nationalisation strategies in banking industry

UAE Financial Markets Association introduces new initiative in line with Vision 2021 ….to boost Emirati national employment in financial sector Caption: Mohammed Al Hashemi, Chairman of the UAE Financial Markets Association, launching the new Emiratisation Optimal Performance scheme   The UAE Financial Markets Association has announced a new Emiratisation Optimal Performance Scheme to encourage and […]

Mercedes-Benz sales November 2017

Mercedes-Benz sold 195,698 vehicles in November – more than ever before in the eleventh month of the year (+7.2%). Thanks to double-digit growth (+10.7%), more vehicles were delivered to customers in the first eleven months (2,095,810 units) than in the entire previous year.   The S-Class Saloon posted an 18.5% increase in unit sales in […]

PwC Studie: Europäische Immobilienmärkte im Vergleich

– Wien ist aufstrebend, hinkt aber (noch) etwas hinterher • Wien im europäischen Gesamtranking für Immobilieninvestitionen und -entwicklung auf Platz 13 von 30 untersuchten Städten • Positiver Trend bei Gewerbeimmobilien: Gesamtinvestitionen stiegen im ersten Halbjahr 2017 in Österreich um 80 Prozent im Vergleich zur Vorperiode auf 2,4 Milliarden Euro • Brexit-Folgen am europäischen Immobilienmarkt stark […]

Lack of transparency must be addressed to progress Middle East Financial Markets

ICA Conference in Dubai to discuss importance of GCC sovereign wealth funds photo caption: Colin Ellis: “Greater transparency would bolster investor confidence” Two leading financial analysts have highlighted the vital need for greater transparency in the current Middle East economic climate, particularly in light of the growing importance of GCC Sovereign Wealth Funds. Colin Ellis, […]

ESCP Europe and Groupe Renault Co-founders of new chair for Intercultural Management

Groupe Renault and the ESCP Europe Business School announced the inauguration of a Chair for Intercultural Management. The new Renault Chair for Intercultural Management at ESCP Europe Business School aims to advance knowledge in managerial practices that afford full consideration for cultural diversities, and to offer the academic world a research corpus on multicultural organisation […]

Dubai Municipality starts geotechnical investigation for Dubai Strategic Sewer Tunnel Project

Multi-billion dirham project to construct more than 70km of tunnels as part of broader development of modern city infrastructure geared to population growth   Caption: Dubai Municipality and engineering consultant Parsons have begun exploratory work on the Dubai Strategic Sewer Tunnels Project     Dubai Municipality has begun exploratory work for a major new sewage […]

Financial Markets Conference Dubai challenges industry experts to brace for change

ICA Conference in Dubai to address the rise of populism in the West, the importance of GCC sovereign wealth funds and the sharing economy     A leading economic macro analyst has called for a “Mini Marshall Plan” to help the Middle East push up economic growth and reduce dependency on commodities.   photo caption: […]

Saudi Aramco signs $4.5bn contracts for mega oil and gas projects

Saudi Aramco signed eight agreements with service contractors for oil and gas mega projects.   Saudi Aramco recently signed agreements with several oil and gas service contractors for oil and gas mega projects designed to enhance the company’s energy sustainability, diversify the economy, expand gas production, and localise domestic content. The agreements are valued at […]

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