Lee Sang Yoon is the CEO of Locus Chain Foundation. (Image source: Locus Chain Foundation)
Locus Chain Foundation (LCF) has signed a strategic cooperation agreement with the Tunisia Economic City (TEC), the largest Mediterranean city project, to apply Locus Chain blockchain technology as its settlement currency and service platform
SmartStream will provide the bank with three distinct managed services including reconciliations on-boarding, production support and operational reconciliation services. (Image source: Sabine Felidae/Flickr)
As part of its transformation strategy, Deutsche Bank has selected SmartStream Technologies? Centre of Excellence (CoE) to provide an off-site operations platform aiming to streamline, simplify and reduce the costs of its reconciliations environment
The established cooperation aims to maximise the presence of both the companies in the region. (Image source: Mikko Lemola/Adobe Stock)
Everteam, the international content services provider, has signed a strategic partnership deal with the US-based software company Qlik to provide business intelligence solutions to Lebanese and regional clients
Mubadala aims to expand its fund of funds programme and invest in both established and emerging fund managers across the continent. (Image source: Jason Goh/Pixabay)
UAE-based Mubadala Investment Company has announced plans to create a US$400mn fund to invest in leading European technology companies
The Dubai Economy Tracker Index (DET) rose to 57.6 in May 2018 from 53.9 in April 2017, signalling the sharpest improvement in business conditions in over a year.
The UAE?s minister of economy said that preliminary estimates issued by the Federal Competitiveness and Statistics Authority (FCSA) indicate growth in the economic performance of the country in general; which came as a result of growth in oil resources and rise in international oil prices and growth in non-oil sectors
