Wednesday, March 25, 2015

Dubai drives high on payment technology, Smartwatches shake up Baselworld

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Finance and Economy
Dubai drives high on payment technology; unveils DubaiCard
A UAE-focussed prepaid card called 'DubaiCard' has been unveiled at the prepaid payment industry's leading forum, Prepaid Summit: Middle East.
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Top Lebanon banks post over 9 per cent growth
The rise in profits of the top banks is driven by a 10.3 per cent growth in net operating income, a new report reveals.
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Dubai's foreign trade worth AED1.331 tr in 2014
According to statistics from Dubai Customs, imports acquired the biggest share of the overall trade with a value of AED845 billion.
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Energy
UAE's Masdar and ONEE sign partnership agreement
Based on the initiatives of the project, 99 per cent of rural Morocco will have access to energy by the end of 2017.
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Saudi Power 2015 to address power demand
Annual international trade exhibition for electricity and power generation offers direct links with KSA's key decision makers.
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AR research between QAPCO Qatar, CNA-Q
New ties formed to undertake research into the use of Augmented Reality for training oil and gas sector students.
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Real Estate
Raine & Horne reveals opening of its first office in Dubai
Australian real estate franchise firm to initially specialize in residential, commercial and retail property sales in Dubai.
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Cityscape Jeddah continues to grow amid oil price fluctuations
Lifestyle Developers, Binfaqeeh Real Estate Investment and Sabban Property Investments to participate at Cityscape Jeddah.
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     News
Audi records 333 per cent growth for A8 in Qatar
Audi Qatar foresees an even higher growth achievement this year.
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Saudi land tax decision hits real estate shares
There is no clarity on whether the levy will apply to developers, and how and when it will be implemented.
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Smartwatches shake up Baselworld
According to Alpen Capital report: "Dubai is world's fourth busiest airport for international passenger and cargo traffic".
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Photograph by royal adorns Metro carriage
A photograph by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum adorns a Metro carriage.
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