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UBS aims to double its growth in the Middle East, focusing on economic fundamentals rather than optimistic scenarios, according to CEO Sergio Ermotti. The bank is integrating its operations post-Credit Suisse merger and anticipates significant growth driven by wealth creation and an influx of affluent individuals to the region. With a strong presence in Dubai and Abu Dhabi, UBS is poised to leverage opportunities in the evolving financial landscape of the Gulf.
BitOasis, a Dubai-based cryptocurrency trading platform, has secured a full virtual asset service provider license from the Virtual Assets Regulatory Authority, following its acquisition by Indian exchange CoinDCX. This milestone allows BitOasis to enhance its existing services for retail and institutional investors in the MENA region. The firm, which previously held a provisional permit, aims to expand its product offerings and comply with regulatory requirements in the UAE.
Qatar’s Energy Minister Saad Sherida Al Kaabi expressed little concern over President-elect Trump’s plan to lift the cap on U.S. LNG exports, emphasizing that additional competition is welcome. He noted that LNG projects require significant time to develop and are driven by market viability. Al Kaabi also highlighted the potential negative impact of the EU's Corporate Sustainability Due Diligence Directive on companies, warning it could deter foreign investment in struggling European economies.
QatarEnergy's CEO Saad Al-Kaabi criticized a new EU directive imposing stringent ESG reporting standards, arguing it poses unreasonable challenges for companies like his. He questioned whether the EU is signaling a desire to exclude Qatari LNG from its market during his remarks at the Doha Forum.
The global healthcare analytics market is poised for significant growth post-COVID-19, driven by increased venture capital investments and a focus on improving patient outcomes. Key segments include hardware, software, and services, with applications spanning financial, clinical, and operational analytics. Major players in the field include Allscripts, Cerner, and IBM, among others.
BRICS countries, including India, Russia, and China, have no intention of undermining the U.S. dollar, stated Indian External Affairs Minister Subrahmanyam Jaishankar during an event in Doha. His comments followed U.S. President-elect Donald Trump's warning to BRICS nations against creating or supporting an alternative currency to avoid potential tariffs.
The Companion Animal Healthcare Market, valued at USD 29.72 billion in 2023, is projected to reach USD 49.11 billion by 2032, growing at a CAGR of 7.44%. Key drivers include rising disposable incomes, increased pet ownership, and heightened awareness of animal health, while challenges involve strict regulations and limited veterinary professionals. The market encompasses a range of products and services, including medicines, diagnostic tests, and nutritional supplements for pets.
The Global Telehealth Market is poised for significant growth, driven by increasing demand for remote monitoring solutions, rising healthcare spending in developing economies, and a growing geriatric population. Key trends include the adoption of wearable technologies and the prevalence of chronic diseases. Major players in the market include Koninklijke Philips N.V, Medtronic plc, and Cisco Systems, among others, as the industry adapts to technological advancements and evolving healthcare needs.
Canary Wharf Group has received approval from its bondholders to raise new debt, enabling the refinancing of approximately £600 million ($760 million) in maturing notes. The move will address the company's 2026 notes and £350 million in bonds due in April, with plans to roll over other bonds maturing in 2028.
London's most expensive mansion, 2-8a Rutland Gate, has failed to attract buyers after Qatar's interest waned. An inspection revealed the property, overlooking Hyde Park, requires extensive refurbishment that could take nearly five years to complete, leading to the Gulf state's withdrawal from negotiations.
QAT
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
ubs aims to double growth in middle east amid economic transformation
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Mohammed Al-Jadaan
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04:02 18.12.2024
BitOasis secures full crypto license in Dubai after CoinDCX acquisition
09:50 09.12.2024
Qatar Energy Minister Unconcerned by US LNG Export Cap Lifting Plans
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Saad Sherida al-Kaabi
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05:32 09.12.2024
Qatar Minister Criticizes EU ESG Standards Impacting LNG Trade
10:28 08.12.2024
Global Healthcare Analytics Market Set for Significant Growth by 2030
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14:10 07.12.2024
BRICS Nations Affirm Commitment to US Dollar Stability Amid Tariff Threats
10:14 07.12.2024
Companion Animal Healthcare Market Set for Significant Growth by 2032
Elanco Animal Health Inc
Merck and Co. Inc.
Vetoquinol S.A.
Zoetis Animal Healthcare
Bayer Animal Health GmbH
Virbac SA
Merial
Hill's Pet Nutrition Inc.
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13:03 06.12.2024
Global Telehealth Market Set for Growth Driven by Technology and Demand
Care Innovations
GlobalMedia Group, LLC
AMD Global Telemedicine, Inc.
Honeywell Life Care Solutions
Aerotel Medical Systems Ltd.
Cisco Systems, Inc.
Medtronic plc
Cerner Corporation
Medvivo Group Ltd.
Koninklijke Philips N.V.
Tunstall Healthcare
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13:05 05.12.2024
Canary Wharf Secures Bondholder Approval for New Debt Financing
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Qatar Investment Authority
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15:27 04.12.2024
Qatar Backs Out of Buying London's Most Expensive Mansion After Inspection
12:30 04.12.2024
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