Economy of the United Arab Emirates

ASANTE GOLD ANNOUNCES NEW BOARD APPOINTMENTS

Retrieved on: 
Wednesday, January 19, 2022

Vancouver, British Columbia, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE: ASE/ FRANKFURT: 1A9/U.S.OTC: ASGOF) (Asante or the Company) announces that Mohammad Alothman and Alexander Smirnov have been appointed to the Board of Directors.

Key Points: 
  • Vancouver, British Columbia, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE: ASE/ FRANKFURT: 1A9/U.S.OTC: ASGOF) (Asante or the Company) announces that Mohammad Alothman and Alexander Smirnov have been appointed to the Board of Directors.
  • Emiral is focused on international natural resources exploration, development, production, trading, and procurement, and currently holds a 19.6% equity interest in Asante.
  • Asante is a pure gold exploration and development company with a high-quality portfolio of projects in Ghana, Africas largest and safest gold producer.
  • Asante is focused on developing high margin gold projects including the Bibiani and Kubi Gold mines located on the prolific Bibiani and Ashanti Gold Belts.

Danube Hospitality Solutions and Delta Food Industries partner with Hozpitality for the 7th Middle East Hospitality Excellence Awards 2021 to be held in Dubai

Retrieved on: 
Friday, June 11, 2021

DUBAI, UAE, June 11, 2021 /PRNewswire/ -- Hozpitality Group opened free online nominations for the 7th Middle East Hospitality Excellence Awards 2021.

Key Points: 
  • DUBAI, UAE, June 11, 2021 /PRNewswire/ -- Hozpitality Group opened free online nominations for the 7th Middle East Hospitality Excellence Awards 2021.
  • Danube Hospitality Solutions and Delta Food Industries will be partnering for the Awards in 2021.
  • Shubhojit Mahalonobis, Director, Danube Home & Danube Hospitality Solutions, said, "I am very excited to partner with Hozpitality Group again for their initiative this year."
  • "Emaar Hospitality's Arabian Ranches Golf Club is the venue partner for the outdoor award ceremony this year," said Raj Bhatt, CEO, Hozpitality Group.

Danube Hospitality Solutions and Delta Food Industries partner with Hozpitality for the 7th Middle East Hospitality Excellence Awards 2021 to be held in Dubai

Retrieved on: 
Friday, June 11, 2021

DUBAI, UAE, June 11, 2021 /PRNewswire/ -- Hozpitality Group opened free online nominations for the 7th Middle East Hospitality Excellence Awards 2021.

Key Points: 
  • DUBAI, UAE, June 11, 2021 /PRNewswire/ -- Hozpitality Group opened free online nominations for the 7th Middle East Hospitality Excellence Awards 2021.
  • Danube Hospitality Solutions and Delta Food Industries will be partnering for the Awards in 2021.
  • Shubhojit Mahalonobis, Director, Danube Home & Danube Hospitality Solutions, said, "I am very excited to partner with Hozpitality Group again for their initiative this year."
  • "Emaar Hospitality's Arabian Ranches Golf Club is the venue partner for the outdoor award ceremony this year," said Raj Bhatt, CEO, Hozpitality Group.

DMCC Launches Crypto Centre To Champion Cryptographic And Blockchain Technologies In Dubai

Retrieved on: 
Monday, May 24, 2021

Located in the state-of-the-art Almas Tower, the DMCC Crypto Centre is set to be a hub for the development and application of crypto and blockchain technologies.

Key Points: 
  • Located in the state-of-the-art Almas Tower, the DMCC Crypto Centre is set to be a hub for the development and application of crypto and blockchain technologies.
  • The DMCC Crypto Centre will also house a leading crypto advisory practice led by CV Labs, the entity behind the Switzerland government-backed Crypto Valley, which has previously spawned Crypto leaders such as Cardano and Ethererum .
  • The DMCC Crypto Centre will offer co-working spaces to crypto entrepreneurs and SMEs and a range of incubator and accelerator programmes, all within the DMCC's vibrant Jumeirah Lakes Towers district, in the heart of Dubai.
  • This aligns perfectly with DMCC's vision to drive the future of trade and is one of the key drivers behind launching the DMCC Crypto Centre.

DMCC Launches Crypto Centre To Champion Cryptographic And Blockchain Technologies In Dubai

Retrieved on: 
Monday, May 24, 2021

Located in the state-of-the-art Almas Tower, the DMCC Crypto Centre is set to be a hub for the development and application of crypto and blockchain technologies.

Key Points: 
  • Located in the state-of-the-art Almas Tower, the DMCC Crypto Centre is set to be a hub for the development and application of crypto and blockchain technologies.
  • The DMCC Crypto Centre will also house a leading crypto advisory practice led by CV Labs, the entity behind the Switzerland government-backed Crypto Valley, which has previously spawned Crypto leaders such as Cardano and Ethererum .
  • The DMCC Crypto Centre will offer co-working spaces to crypto entrepreneurs and SMEs and a range of incubator and accelerator programmes, all within the DMCC's vibrant Jumeirah Lakes Towers district, in the heart of Dubai.
  • This aligns perfectly with DMCC's vision to drive the future of trade and is one of the key drivers behind launching the DMCC Crypto Centre.

United Arab Emirates (UAE) Cards and Payments Market Opportunities and Risks Report 2021-2024 - ResearchAndMarkets.com

Retrieved on: 
Monday, April 12, 2021

b'The "United Arab Emirates (UAE) Cards and Payments - Opportunities and Risks to 2024" report has been added to ResearchAndMarkets.com\'s offering.\n\'United Arab Emirates (UAE) Cards and Payments - Opportunities and Risks to 2024\' report provides detailed analysis of market trends in the Emirati cards and payments industry.

Key Points: 
  • b'The "United Arab Emirates (UAE) Cards and Payments - Opportunities and Risks to 2024" report has been added to ResearchAndMarkets.com\'s offering.\n\'United Arab Emirates (UAE) Cards and Payments - Opportunities and Risks to 2024\' report provides detailed analysis of market trends in the Emirati cards and payments industry.
  • The system was built on the existing UAE Funds Transfer System (UAEFTS) platform and was launched in June 2019.
  • The service only supports transfers between United Arab Emirates dirham-denominated accounts held in the UAE.
  • To use this service, customers need to download the MAF Carrefour app and select the \'Scan & Go\' option in it.

Lion Announces Completion of Acquisition of Lion FinTech Group

Retrieved on: 
Tuesday, April 13, 2021

At closing, Lion Fintech Group Limited will become a wholly-owned subsidiary of the Company.\nLion Fintech Group Limited holds 70% voting rights and economic interest in Royal Lion Investment Limited, a company incorporated in the Cayman Islands, which holds 100% interest in Royal Lion Middle East DMCC, which is licensed to carry out proprietary trading in crypto-commodities through the Dubai Multi Commodities Centre ("DMCC").

Key Points: 
  • At closing, Lion Fintech Group Limited will become a wholly-owned subsidiary of the Company.\nLion Fintech Group Limited holds 70% voting rights and economic interest in Royal Lion Investment Limited, a company incorporated in the Cayman Islands, which holds 100% interest in Royal Lion Middle East DMCC, which is licensed to carry out proprietary trading in crypto-commodities through the Dubai Multi Commodities Centre ("DMCC").
  • Royal Lion Middle East DMCC is the license holder with DMCC that supports FIAT currency.
  • Chunning (Wilson) Wang, Chief Executive Officer of Lion, commented, "We are pleased to complete this acquisition and expand our trading business into the crypto asset market.
  • Lion cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made.

Key Trends and Opportunities in the United Arab Emirates (UAE) Construction Industry to 2025 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, February 17, 2021

The "Construction in United Arab Emirates (UAE) - Key Trends and Opportunities to 2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Construction in United Arab Emirates (UAE) - Key Trends and Opportunities to 2025" report has been added to ResearchAndMarkets.com's offering.
  • The construction industry in the United Arab Emirates (UAE) is expected to rebound in 2021, growing by 3.1% in 2021, following a decline of 4.8% registered in 2020.
  • The industry is then expected to expand at an annual average of 3.8% between 2022 and 2025.
  • It provides -
    Historical (2016-2020) and forecast (2021-2025) valuations of the construction industry in the UAE, featuring details of key growth drivers.

Shanghai Electric Strengthens Environmental, Social, and Corporate Governance for Dubai MBR Solar Park Project

Retrieved on: 
Thursday, January 21, 2021

SHANGHAI, Jan. 21, 2021 /PRNewswire/ --Shanghai Electric Group ("Shanghai Electric" or "the Company") has strengthened its environmental, social, and corporate governance for the Phase 5 project for Dubai's 900MW Mohammed bin Rashid Al Maktoum Solar Park (MBR Solar Park), winning praise from Shuaa Energy, the venture leading the project.

Key Points: 
  • SHANGHAI, Jan. 21, 2021 /PRNewswire/ --Shanghai Electric Group ("Shanghai Electric" or "the Company") has strengthened its environmental, social, and corporate governance for the Phase 5 project for Dubai's 900MW Mohammed bin Rashid Al Maktoum Solar Park (MBR Solar Park), winning praise from Shuaa Energy, the venture leading the project.
  • The MBR Solar Park is set to become the world's largest single-site solar park based on the Independent Power Producer (IPP) model, with a planned total capacity of 5GW and a total investment value of $US136 billion upon completion.
  • As a new global benchmark in the solar industry, the MBR Solar Park deploys some of the world's most cost-effective solar panels.
  • Through such initiatives, Shanghai Electric seeks to further its contribution to the UAE's sustainable development and promote a brighter future for all.

Shanghai Electric Strengthens Environmental, Social, and Corporate Governance for Dubai MBR Solar Park Project

Retrieved on: 
Thursday, January 21, 2021

SHANGHAI, Jan. 21, 2021 /PRNewswire/ --Shanghai Electric Group ("Shanghai Electric" or "the Company") has strengthened its environmental, social, and corporate governance for the Phase 5 project for Dubai's 900MW Mohammed bin Rashid Al Maktoum Solar Park (MBR Solar Park), winning praise from Shuaa Energy, the venture leading the project.

Key Points: 
  • SHANGHAI, Jan. 21, 2021 /PRNewswire/ --Shanghai Electric Group ("Shanghai Electric" or "the Company") has strengthened its environmental, social, and corporate governance for the Phase 5 project for Dubai's 900MW Mohammed bin Rashid Al Maktoum Solar Park (MBR Solar Park), winning praise from Shuaa Energy, the venture leading the project.
  • The MBR Solar Park is set to become the world's largest single-site solar park based on the Independent Power Producer (IPP) model, with a planned total capacity of 5GW and a total investment value of $US136 billion upon completion.
  • As a new global benchmark in the solar industry, the MBR Solar Park deploys some of the world's most cost-effective solar panels.
  • Through such initiatives, Shanghai Electric seeks to further its contribution to the UAE's sustainable development and promote a brighter future for all.