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FINANCIAL NEWS
Dubai Economic Council and Philips create non-profit center
10 Dec 2015
(MENAFN) The Dubai Economic Council (DEC) and Philips, the Dutch technology company are joining together to create a non-profit advanced center.
Moreover, this move had been created in order to improve economic growth at a time when a fall in oil prices is slowing down GDP performance.
Additionally, this center will focus on innovations to develop performance in the field of technology, intellectual property, research and design.
“Innovation is a qualitative shift in the methods of production, increases productivity, and thus enhances the national product competitiveness in global markets,” said the DEC secretary general.
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05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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