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FROM AROUND THE WORLD

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BIAC shares Saudi Arabia's ambitious startup initiatives at Web Summit 2018

The Business Incubators and Accelerators Company (BIAC), a leading Saudi government company specialized in the establishment, operation and management of business incubators and accelerators, has announced its successful participation in Web Summit 2018, one of the world’s largest and most influential technology events.




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TD Propels 10 Innovative Solutions Designed to Prepare Workers for an Inclusive Future

Today, TD announced the 10 recipients of the inaugural TD Ready Challenge. Each organization will receive CDN $1 million (USD $775,000) to help them scale their innovative solutions aimed at preparing Canadians and Americans for the economy of the future.




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«Saudi Re» aims to further expand its presence in Egypt’s market

Saudi Re for Cooperative Reinsurance Company (Saudi Re), the leading reinsurance company in the MENA region, is reinforcing its brand presence in Egypt ahead of the next year's busy reinsurance renewal season.


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The world's wealth will grow 26% in the next five years, up to 399 billion dollars

According to the report, wealth per adult has increased by 3.2%, raising world average wealth to a historic high of $ 63,100 per adult. Within this growth, the United States is the region that has contributed most to the world's wealth , with a total of 98 billion dollars, have added 6.3 billion dollars this year and maintain since 2008 an uninterrupted rate of growth of total wealth and of wealth per adult.


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Matteo Patrone new EBRD Managing Director, Eastern Europe and Caucasus

Matteo Patrone has been appointed EBRD Managing Director, Eastern Europe and the Caucasus.Based in Kiev,he will be responsible for the Bank’s operations and engagement in Ukraine,Belarus,Moldova,Armenia,Azerbaijan and Georgia.


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EBRD appoints Bruno Balvanera new Managing Director, Central Asia

Bruno Balvanera has been appointed new EBRD Managing Director, Central Asia. In this position he will be responsible for one of the most geographically diverse regions of the Bank’s operations, with current commitments close to US$ 13.5 billion (€11.6 billion).


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Exclusive: France to spend €32m on sustainable presence at Expo 2020 and beyond

Europe's third largest economy aims to showcase at least 500 companies at the expo




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Singapore:Insurance sector receives tripartite guide on human capital practices

The Tripartite Advisory on Human Capital Practices for Insurance was released last week, setting out good human resource practices for the insurance industry in the areas of building a talent pipeline, skills-based hiring, and managing retrenchment responsibly, according to a statement issued by the MAS.


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Five ways Dubai is becoming a global tech leader

The emirate is already a global player in sectors such as transportation and logistics and its on a path to lead in tech




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TOP STORIES

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Thailand Sustains Focus on Business Environment with Four Additional Reforms

Thailand carried out four key reforms last year to improve business regulations affecting small and medium-sized businesses, says the World Bank Group’s Doing Business 2019: Training for Reform report, released yesterday.


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BNP Paribas strengthens its social commitment worldwide

BNP Paribas has signed an agreement with UNI Global Union on seven subjects relating to fundamental rights at work and the establishment of a global social framework.


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Morgan Stanley Advisor Joins Bolton’s New York City Office

Nicolas Schreiber has joined Bolton Global Capital's New York City office. Schreiber, formerly with Morgan Stanley, manages $180 million in client assets. His international clientele includes high net worth individuals and institutions based in the US, Europe and Latin America.


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Digital Theft: The New Normal

The digital theft of just under 100 million records stolen from both the Office of Personnel Management and Anthem pales compared to the revelation that at least 500 million Yahoo accounts have been compromised—though one might argue that the impact is just as significant.


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Q&A with Fullerton Markets CEO Mario Singh

Question #1: Hi Mario, congratulations on winning the coveted award for Research and Education in Asia Pacific. Could you tell us a bit more about Fullerton Markets?


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International Business Magazine names SeABank as Most Favourite Retail Bank Vietnam 2018

SeABank was felicitated as the Most Favourite Retail Bank Vietnam 2018 by International Business Magazine, a Dubai, UAE based publication. This prestigious award has been bestowed because of excellent service this year in the Retail Banking Sector.






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30,000 Ukrainian households benefit from EBRD’s energy efficiency programme

The EBRD-managed programme supporting energy efficiency in Ukrainian homes has reached a milestone of investing over UAH 1 billion (equivalent of over €30 million). More than 30,000 Ukrainian households took out loans from local commercial banks which participate in the programme to invest in green technologies for their homes; of those, over 20 thousand projects have already been verified as eligible for investment grants.

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Asia:Role of CEOs is to create a "new legacy

The role of the insurance CEO today is to create new legacy, and this comes down to bringing in the right talent and building a conducive work environment, said Mr Chris Wei, Executive Chairman for Asia & FPI, and Global Chairman, Aviva Digital.






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INVESTBANK continues its CSR support for Autistic Students for the third year in a row

INVESTBANK, the leader in providing innovative banking solutions, continues to support children diagnosed with autism and their families, offering new scholarships and training opportunities






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Competitive Cities: A Local Solution to a Global Lack of Growth and Jobs

A new World Bank Group report analyzes what makes a city competitive and how more cities can grow their economies.






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Decisive, Coordinated Policy Actions and Strong Fundamentals Enhance Indonesia’s Economic Resilience

Policy and institutional reforms can help more Indonesians benefit from urbanization






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deVere Acuma wins ‘Best Independent Financial Advisory UAE 2018’

I’m delighted to announce deVere Acuma has been named Best Independent Financial Advisory UAE 2018 in the International Business Magazine Awards.






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