Category archives for: Featured

Cryptocurrencies are no substitute for gold

Bitcoin’s parabolic price rise was the big story of 2017 – putting the spotlight on the cryptocurrency market. While gold’s performance was a solid 13%, it was a fraction of the 13-fold increase of bitcoin by the end of the year. Download the report Some commentators went as far as to claim cryptocurrencies could replace […]

IMF Global Growth Outlook

The IMF is predicting an uptick in global growth in coming years, in part due to the impact of US tax cuts spurring investment and spending, the organization announced Monday.   Global GDP growth will rise to 3.9% in 2018 and stay at that level in 2019 according to the figures released in the latest […]

IMF Regular News Briefing

IMF Regular News Briefing

The IMF supports maintaining subsidies and economic measures that help the poor in Tunisia, while at the same time supporting economic reforms to boost growth and employment spokesman Gerry Rice told reporters Thursday (January 18) in Washington.   The Fund supports measures by Tunisia’s government to reform its tax structure to reduce evasion and boost […]

SIAL Middle East records business deals worth AED4.6 billion

Al Qasemi honours participants in ADFCA’s ‘Year of Giving’ initiative Caption: SIAL Middle East records business deals worth AED4.6 billion     Organisers of SIAL Middle East have confirmed that deals worth AED4.6billion were recorded at the 8th edition of the three day exhibition, boosted by an increase in participants which attracted more than 26,000 […]

XIN etabliert sich als Kryptowährung

Deutliche Wertentwicklung in den nächsten Monaten zu erwarten   The most modern blockchain   Ein Jahr nach dem Start ihrer Kryptowährung XIN kann die Community-Finanzplattform Infinity Economics (IE) erste Erfolge vorweisen. Rund 30.000 registrierte User halten 40.000 Accounts (Wallets), der aktuelle Kurs steht bei 2,6 ¢ pro Token bei einer Marktkapitalisierung von rund 230M USD. […]

Venture Capital Fonds capital300 startet – „First Closing“ mit über 20 Millionen Euro

capital300 als neuer Wachstumsmotor im österreichischen Start-Up-Ökosystem Photo: capital300 Peter Lasinger (l.) und Roman Scharf Wenige Monate nach seiner EuVECA Registrierung startet capital300 die operative Investment-Tätigkeit. Der von startup300 mitgegründete österreichische Venture Capital Fonds meldet das „First Closing“ mit über 20 Millionen Euro.   Das Kapital stammt von Banken, renommierten Unternehmern und Investoren. Mit dem […]

SIAL Middle East 2017 record 28% increase in visitors

AED3.3 billion worth of deals   – ADFCA affirms role as auditing body for safe food practices – Jenaan pen deal to set up infrastructure to rear organic chickens in the UAE     The 8th edition of SIAL Middle East has seen a growth of 28% year-on-year for visitor numbers, with the event organisers […]

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 […]

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