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Thursday 02-02-2017


 02/02/2017

Gulf News

The Dubai Islamic Economy Development Centre (DIEDC) announced on Tuesday the launch of a new strategy for 2017-2021, concentrating on the development of the Islamic economy system. The strategy also includes identifying new performance indicators for monitoring growth of key sectors and measuring their contribution to the UAE’s economy.

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The National

Expo 2020 says it will start the launch of tenders aimed at small businesses, for the manufacture of licensed products. Expo licensees can buy the right to produce an expected 5,000 different Expo branded products, which will be sold to visitors during the six months of Expo 2020, as well as online, and through dedicated stores across the UAE

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Gulf News

The Central Bank of the UAE has clarified regulations released on January 1, 2017, stating they do not outlaw virtual currencies such as BitCoin. In a statement to Gulf News clarifying the regulation, Mubarak Rashid Khamis Al Mansouri, Governor of the Central Bank, said: “these regulations do not cover ‘virtual currency’, which is defined as any type of digital unit used as a medium of exchange, a unit of account, or a form of stored value.

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Gulf News

Factories across the world fired up - or at least kept up activity - in January with some registering multi-year output highs, just as a barrage of political risks threatens the global economy with potential harm. Rising protectionism from the United States, concerns over how Britain’s negotiations on leaving the European Union will pan out, and national elections in Europe’s largest economies all lie ahead.

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Page last updated : 15/02/2017 2:50 PM