ABU DHABI / WAM The Environment Agency- Abu Dhabi (EAD) has been awarded the ISO 22301 Management System Certificate for Business Continuity Management. This certifies that the EAD’s business continuity system is in place, at the highest standards, making it ready and able to continue its operations in the event of any disruption. The certificate was handed over to Dr. ...
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UAE no more enslaved to swings in oil prices
Dubai / Emirates Business The Global Financial Markets Forum organized by National Bank of Abu Dhabi (NBAD) kicked off in Abu Dhabi on Wednesday. Several national and international policy makers, asset managers, sovereign wealth funds and bankers talked about regional and global financial trends, especially in the banking and capital markets sector. Speaking at the event, HE Sheikh Nahyan bin ...
Read More »Abu Dhabi to host Microcredit meet
Abu Dhabi / WAM Global policy makers and microfinance experts will convene in Abu Dhabi from March 14-17 to explore and discuss innovative financial inclusion strategies that can create clear pathways to economic and social inclusion. Under the patronage of HH Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council, the summit will explore how new ...
Read More »Etisalat, du tie up for ‘Taawun’
Abu Dhabi / Emirates Business Etisalat and du on Wednesday announced ‘Taawun’, a joint initiative to support the long-term vision of the government in developing smart infrastructure and giving customers an opportunity to select their operator of choice for telecom services. It initially includes more than 50 projects and will serve as the model for all new greenfield areas in ...
Read More »DIB announces 45% cash dividend in 2015
Dubai / WAM Dubai Islamic Bank (DIB) has announced the distribution of a 45% cash dividend for 2015, a 12.5% increase from the previous year, following the conclusion of its Annual General Meeting (AGM). The assembly approved the bank’s 2015 financial statements. For the 12 months ended December 31, 2015, DIB reported a net profit of AED3.83 billion, a significant ...
Read More »US$1 billion funds to boost start-ups
RITIKA SHARMA Emirates Business A whopping US$1 billion in startup investment funds will be present at the STEP conference, which will host more than 200 start ups and exhibitors, organisers announced. STEP, the largest tech and interactive gathering in the Middle East to be held in Dubai next month, plans to host more than 5,000 industry leaders and entrepreneurs from ...
Read More »63 percent credit card holders in UAE unaware of interest rates
Alkesh Sharma Emirates Business Credit cards could be like double-edged swords. They can come to your aid in dire financial situations, but can also land you in soup if used injudiciously. And prudence calls for being aware. It is this awareness that is lacking here! Known globally for the wide circulation of plastic money, residents in the UAE have a ...
Read More »DEC, S Korea innovation bond
Dubai / WAM Hani Rashid Al Hamli, Secretary-General of the Dubai Economic Council (DEC) has said that Dubai has adopted an “innovation†approach for its development agenda, and there are several institutions in Dubai that are actively working to stoke this trend and turn the city towards being at the forefront of the world’s economies in innovation. He also said ...
Read More »Shurooq to host Food Festival
Sharjah / WAM Sharjah Investment and Development Authority (Shurooq) is preparing to launch the 10th edition of Sharjah Food Festival. It will take place from March 31 to April 9 in four locations across Sharjah: Al Qasba, Al Majaz Waterfront, Al Montazah and Heart of Sharjah. This year, the festival will include live cooking shows, cookery competitions, entertainment and activities ...
Read More »Super Tuesday wins pave way for Clinton, Trump nominations
Bloomberg Democrat Hillary Clinton and Republican Donald Trump emerged from Super Tuesday as the odds-on favourites to capture their parties’ presidential nominations, setting up a White House showdown between a longtime political stalwart and an electoral novice whose candidacy has rocked the Republican party. The pair each won seven states on their way to commanding victories yesterday, as Clinton used ...
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