Economy bulletins

DIFC Academy and LexisNexis MENA strengthen strategic partnership with the launch of two new technology initiatives

DIFC Academy and LexisNexis MENA strengthen strategic partnership with the launch of two new technology initiatives

Dubai, UAE, 3 August 2020 – The DIFC Academy and LexisNexis MENA are strengthening their strategic partnership with two new initiatives: “The Annual Technology Adoption Index” and “The Legal Tech Glossary.” These projects follow five years of fruitful collaboration, including the publication of the official DIFC Law Commentaries and Law Reports book collections. Through a

Dubai International Financial Centre appoints first Commissioner of Intellectual Property

New role reflects DIFC’s commitment to transforming the future of finance and protecting the intellectual property rights of its creative and innovative businesses Dubai, UAE, 29 July 2020: Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region has appointed Dr Tarek Hajjiri as its

Region’s first global digital security capital raise from the Dubai International Financial Centre

GRIP, an investment banking and wealth management firm in DIFC has announced a multi-million dollar capital raise for a Japanese company – Lead Real Estate, utilising Digital Securities representing investor shares Dubai, UAE, 22 July 2020: Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA)

Dubai International Financial Centre and Dubai FDI to jointly stimulate foreign investment in the Emirate

Agreement to nurture collaboration between entities, attracting more regional and international businesses and investments to Dubai Dubai, UAE, 21 July 2020: Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region has signed a Memorandum of Understanding (MoU) with the Dubai Investment Development Agency (Dubai

DIFC Presidential Directive Ends on 31 July 2020

Dubai, UAE, 8 July 2020: Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region has announced that DIFC Presidential Directive will end on 31 July 2020. On 26 April 2020, DIFC declared DIFC Presidential Directive No 4. of 2020 which addressed the pressing need

UN report finds COVID-19 is reversing decades of progress on poverty, healthcare and education

The effects of the pandemic have devastated the most vulnerable and left them further behind . New York, 7 July—The 15-year global effort to improve the lives of people everywhere through the achievement of the 17 Sustainable Development Goals (SDGs) by 2030 was already off track by the end of 2019. And now, in only a

Lebanon Has Run Out of Time

LIFE is alarmed by the lack of any meaningful progress towards economic reform in Lebanon.  This policy paralysis is especially disconcerting in the face of a clear acceleration in the economic and financial meltdown and the faltering negotiations with the IMF.  As a result, LIFE renews its calls for all stakeholders, including the government, the

Siemens Energy signs Al Hamudhia 400kV Substation contract with Iraqi Ministry of Electricity

Siemens Energy and the Iraqi Ministry of Electricity have signed a contract for the Al Hamudhia substation, which will provide reliable and efficient power supply to the cities of Ramadi, Fallujah, Saqlawyah, Khalediyah and surrounding areas in Al Anbar governorate, North West of Baghdad. Located about 20 kilometers away from Ramadi city, the turnkey 400-

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