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13 Dec 2018

Athens Alive Consortium Selects Poseidon as Climate Action Partner

(AETOS Wire) -- The Poseidon Foundation (“Poseidon”) is proud to announce its partnership with Redstone – the investment and strategy firm behind the Athens Alive regeneration project. Redstone and Athens Alive will integrate Poseidon's reduce platform into all phases of their €1.7 billion regeneration project, which will restore and expand the 2004 Calatrava-designed Olympic Athletic Center of Athens (O.A.K.A.). reduce leverages blockchain and AI technologies to empower consumers to effortlessly rebalance their carbon footprints in real time, at point of sale, by making micro-donations to forest conservation. reduce......

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13 Dec 2018

2018 a Year of Recognition for Tech Mahindra

Tech Mahindra, a leading provider of digital transformation, consulting and business re-engineering services and solutions announced some of the many accolades won in 2018. The Forbes Digital 100 list which ranks the top 100 public companies that are shaping the digital economy placed Tech Mahindra at # 15 - the top non-US company in its 2018 listings. Tech Mahindra continues to retain its position in the Forbes Asia 50 list joined last year, was recognized as a Leader in the Dow Jones Sustainability Indices 2018 for the fourth consecutive......

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13 Dec 2018

AIDUS Coin Successfully Raises Investment from CoinBene, the World's Leading Exchange

(AETOS Wire) -- AISYS GLOBAL PTE. LTD. announced that it has received investment from CoinBene, one of the world’s leading crypto assets exchanges. AISYS GLOBAL is building the AIDUS Decentralized Fund Platform (ADFP), where users can subscribe to funds only via AIDUS coin. ADFP is the platform to connect investors and asset management companies with AIDUS coin without barriers of borders, language, currency. The most important part of the ADFP is the Smart QTS (Quant Trading System), which boasts an annual average return of 100% (as of December 1, 2018). Smart QTS is an automated trading program that has been validated through more than......

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13 Dec 2018

Datamount launches Oman’s largest data center in Jebel Akhdar

Data center hosting services company - Datamount announced that it has launched the nation’s largest commercial data center at Jebel Akhdar. A cost-efficient, data center facility with a total floor area of around 9000 square meters, the center will accommodate around 1000 racks, making"...

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12 Dec 2018

Egypt wants World Bank, IMF to include informal sector in GDP

Cairo: Egypt's central bank wants the World Bank and International Monetary Fund to include the country's informal sector in their gross domestic product figures and other macro-indicators for Egypt, the bank's deputy governor Gamal Negm said on Wednesday.

'We"...

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12 Dec 2018

Solid economic growth ahead: Focus Economics forecasts

In the first quarter (Q1) of fiscal year (FY) 2019, which runs from July 2018 to June 2019, the annual economic growth rate eased slightly from the previous quarter’s multi-year high, according to Focus Economics, a leading provider of economic forecasts from the world’s leading"...

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12 Dec 2018

Petroleum minister reviews sector achievements in 4 years

Cairo: In the period from 2014 to 2018, Egypt signed 63 petroleum agreements with investments of $14 billion, Minister of Petroleum Tarek el- Molla said.

Molla reviewed achievements in the sector, saying that the"...

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12 Dec 2018

Egypt comes third within largest importers of European Apples

ArabFinance: Egypt is the most densely populated country in North Africa and the Middle East, and has growing economic potential classified among the highest in Africa. Along two years, and under the slogan of 'Time for Apples from Europe” campaign, European exhibitors specializing"...

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12 Dec 2018

Anticipated surge in industrial activity: FECC

After the decision was declared, the Federation of Egyptian Chambers of Commerce (FECC), announced through its chairperson Ahmed Al Wakil, that it will weigh the decision and its consequences, adding that this decision was taken without considering the FECC.

In"...

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12 Dec 2018

Negative message to investors: former head of Importers Division at CCC

Critical of the new verdict, Ahmed Shiha, an importer and former head of the Importers Division at the Cairo Chamber of Commerce, (CCC) said that this decision was taken in response to pressures from stakeholders on the government to protect domestic manufacturers’ interests, rather"...

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