Oracle, one of the world’s largest tech companies, plans to increase its headcount in Dubai by more than 40 per cent, as Mena companies increasingly switch to the cloud.
The company currently has 280 employees and wants a total of 400 workers, mostly technical and salespeople, by the end of its financial year in June.
The Mena region has been lagging the globe in its take-up of cloud technology, but Oracle said that it registered the highest global growth in the region with revenues jumping nearly 100 per cent compared with 2015.
“We are signing up 250 new customers every quarter in the Mena region,” said Giovanna Sangiorgi, the regional vice president at Oracle Digital.
She said the company is targeting mid-market corporates in the region with revenues up to US$350 million per year.
“We are looking to hire digital natives, millennials, that are comfortable working in the digital space. Finding people with digital skills is not difficult, but finding people with cloud skills is a lot harder,” Ms Sangiorgi said.
Oracle also expects to open a data centre in Abu Dhabi in the third quarter to support the region’s switch to cloud computing and cloud-based applications.
It expects the region’s governments, public bodies and large corporate entities to make the switch to cloud computing in 2017 having already signed up Dubai Airports, the Landmark Group and Apparel Group.
The UAE’s cloud computing sector is becoming an increasingly competitive field as Amazon Web Services, a subsidiary of online retail giant Amazon, recently announced it will be opening offices in Dubai and Bahrain this year to accelerate the adoption of cloud computing in the region.
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How to register as a donor
1) Organ donors can register on the Hayat app, run by the Ministry of Health and Prevention
2) There are about 11,000 patients in the country in need of organ transplants
3) People must be over 21. Emiratis and residents can register.
4) The campaign uses the hashtag #donate_hope
The story in numbers
18
This is how many recognised sects Lebanon is home to, along with about four million citizens
450,000
More than this many Palestinian refugees are registered with UNRWA in Lebanon, with about 45 per cent of them living in the country’s 12 refugee camps
1.5 million
There are just under 1 million Syrian refugees registered with the UN, although the government puts the figure upwards of 1.5m
73
The percentage of stateless people in Lebanon, who are not of Palestinian origin, born to a Lebanese mother, according to a 2012-2013 study by human rights organisation Frontiers Ruwad Association
18,000
The number of marriages recorded between Lebanese women and foreigners between the years 1995 and 2008, according to a 2009 study backed by the UN Development Programme
77,400
The number of people believed to be affected by the current nationality law, according to the 2009 UN study
4,926
This is how many Lebanese-Palestinian households there were in Lebanon in 2016, according to a census by the Lebanese-Palestinian dialogue committee
Who has lived at The Bishops Avenue?
- George Sainsbury of the supermarket dynasty, sugar magnate William Park Lyle and actress Dame Gracie Fields were residents in the 1930s when the street was only known as ‘Millionaires’ Row’.
- Then came the international super rich, including the last king of Greece, Constantine II, the Sultan of Brunei and Indian steel magnate Lakshmi Mittal who was at one point ranked the third richest person in the world.
- Turkish tycoon Halis Torprak sold his mansion for £50m in 2008 after spending just two days there. The House of Saud sold 10 properties on the road in 2013 for almost £80m.
- Other residents have included Iraqi businessman Nemir Kirdar, singer Ariana Grande, holiday camp impresario Sir Billy Butlin, businessman Asil Nadir, Paul McCartney’s former wife Heather Mills.
Hunting park to luxury living
- Land was originally the Bishop of London's hunting park, hence the name
- The road was laid out in the mid 19th Century, meandering through woodland and farmland
- Its earliest houses at the turn of the 20th Century were substantial detached properties with extensive grounds
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
A cryptocurrency primer for beginners
Cryptocurrency Investing for Dummies – by Kiana Danial
There are several primers for investing in cryptocurrencies available online, including e-books written by people whose credentials fall apart on the second page of your preferred search engine.
Ms Danial is a finance coach and former currency analyst who writes for Nasdaq. Her broad-strokes primer (2019) breaks down investing in cryptocurrency into baby steps, while explaining the terms and technologies involved.
Although cryptocurrencies are a fast evolving world, this book offers a good insight into the game as well as providing some basic tips, strategies and warning signs.
Begin your cryptocurrency journey here.
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UAE currency: the story behind the money in your pockets
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