ABU DHABI / WAM The UAE Pavilion at Expo 2017 Astana, managed and supervised by the National Media Council (NMC) witnessed widespread interest from a broad range of international VIP’s and visitors since its opening on 10th June, reac- hing 150,000 during its first month. The pavilion at Expo 2017 Astana, held under the theme ‘Future Energy’, represents an ideal …
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Masdar, Indonesia sign deal to explore renewables projects
ABU DHABI / WAM Masdar, Abu Dhabi’s renewable energy company, and the leading Indonesian power company PT Pembangkitan Jawa-Bali (PT PJB), signed a Memorandum of Understanding (MoU), to explore areas of collaboration on renewable energy projects in Indonesia. Experts from Masdar and PT PJB will work together to identify opportunities to meet Indonesia’s rapidly growing energy demand, together with its …
Read More »SIB posts AED272.9mn profit in H1
SHARJAH / WAM Sharjah Islamic Bank (SIB), has posted a net profit of AED 272.9 million for the first half of 2017 compared to AED 257.0 million for the same period last year, with an increase of 6.2 per cent. Total assets reached AED 36.9 billion at the end of the 2nd quarter 2017 compared to AED 33.5 billion at …
Read More »Foreign investors’ purchases on ADX hit AED2.1bn in June
ABU DHABI / WAM Foreign investors’ purchases at Abu Dhabi Securities Exchange (ADX) amounted to AED2.114 billion in June 2017, accounting for 55.4% of total buy trades, with their sales staying at AED1.871 billion, comprising 49.1% of total sell trades, bringing to AED243 million the net foreign investments at ADX during the month. In the meantime, institutional investments for the …
Read More »Energy bosses, experts to gather at ADIPEC ’17
Abu Dhabi / Emirates Business An unprecedented number of opportunities for Minister-to-global business leader strategic dialogue, along with a record number of expert submissions on a wide range of industry challenges and trends, will see the world’s energy leaders converge on the UAE capital for the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2017, later this year. Held under …
Read More »UMEX, SimTEX 2018 see strong international exhibitor demand
ABU DHABI / WAM The upcoming editions of the Unmanned Systems Exhibition and Conference (UMEX 2018) and the Simulation Exhibition and Conference (SimTEX 2018) witnessed strong international exhibitor demand from specialised defence and security companies. Set to run from February 25-27, 2018 at the Abu Dhabi National Exhibition Centre, the dual exhibition is co-organised by Abu Dhabi National Exhibitions Company …
Read More »UAE among top global spenders on beauty products
Dubai / Emirates Business With the UAE ranked among the world’s highest per capita spenders on beauty products and the region blossoming into one of the top beauty and personal care markets globally, it was no surprise that the focus of the beauty and wellness industry was firmly on the region at the recent Beautyworld Middle East 2017. According to …
Read More »AUH to recruit 75 happiness ambassadors
Abu Dhabi / Emirates Business Abu Dhabi Airports Company (AUH) is holding a two-day recruitment event to find 75 ‘Customer Happiness Ambassadors’ to work across the terminals at Abu Dhabi International Airport. On July 17 and 18, UAE nationals aged 18 and above are being invited to attend Abu Dhabi Airports’ recruitment open days to discover more about the job …
Read More »New initiative launched to boost financial planning, cash forecasts
DUBAI / WAM The Ministry of Finance (MoF) and the Federal Authority for Government Human Resources have launched the first phase of the ‘e-link’ project between the Financial Planning System, the electronic federal budget, “Hyperionâ€, and the Human Resources Information Management System in the Federal Government, “Bayanatiâ€. The project has been launched to enhance financial planning and cash forecasts, support …
Read More »RTA chief in France to inspect works on new trains for Dubai Metro
DUBAI / WAM A delegation from the Roads and Transport Authority (RTA) headed by Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of RTA, visited France to check on the progress of work in the manufacturing of 50 new trains for the Dubai Metro. These trains will be supplied by the French Alstom Company as part …
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