DUBAI / WAM His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Board of Dubai World Trade Centre Authority (DWTCA) announced the 2016 annual performance of Dubai World Trade Centre (DWTC) as the business surpassed a significant milestone in visitation traffic hosting 3.03 million delegates and attendees to events. The results represent an impressive 11% year-on-year footfall …
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SIB posts 5.9 percent rise in Q1 net profit
SHARJAH / Emirates Business Sharjah Islamic Bank (SIB) posted a net profit of AED 139.1 million for the first quarter of 2017 compared to AED 131.4 million for the same period last year, a 5.9 % increase. Total assets reached AED 34.6 billion at the end of the 1st Quarter 2017 compared to AED 33.5 billion at the end …
Read More »Etisalat-Al Fardan Exchange deal to boost efficiency
DUBAI / Emirates Business Etisalat on Sunday signed an agreement with Al Fardan Exchange, one of the oldest and most established names in the UAE remittance market, to improve customer experience and provide convenient seamless payment solutions across the country. The agreement signing ceremony was held at Etisalat Head Office in the presence of senior executives from Etisalat and …
Read More »Lectures on ‘The Future in 60 Minutes’ launched
DUBAI / WAM The government of the UAE has launched “The Future in 60 Minutes” initiative, which includes a series of 60-minute lectures to discuss various topics on vital aspects of the UAE’s strategy to predict the future. The Future in 60 Minutes initiative will host international experts speaking on the subject of predicting the future, who will provide a …
Read More »UAE food safety rating rises to 98% in 3 years
Dubai / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, issued a press statement on the occasion of the GCC Food Safety Day, marked annually on April 15 by the Gulf Cooperation Council (GCC) states as a special day to shed light on food safety issues and to raise public awareness about the importance …
Read More »ADM, Desert General Co ink AED172mn deal for community market in MBZ city
ABU DHABI / WAM The Abu Dhabi City Municipality (ADM) and the Desert General Transport and Clearance Co. have signed a Musataha Agreement, under which the Company will design, build and invest a community market project in Mohamed bin Zayed City, Abu Dhabi, at cost AED172 million. After signing the agreement, Musabbah Mubarak Al Murar, Acting General Manager of …
Read More »DWE-DFM tie up to support ‘Women in Boards’ initiative
Dubai / WAM The Dubai Women Establishment (DWE) has signed a Memorandum of Understanding (MoU) with Dubai Financial Market (DFM to foster bilateral collaboration and further women’s economic empowerment by encouraging their participation on the boards of listed companies. The move follows directives of HH Sheikha Manal bint Mohammed bin Rashid Al Maktoum, wife of HH Sheikh Mansour bin Zayed …
Read More »Mohammed urges Arab youth to keep pace with a transforming world
Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, and Prime Minister of UAE and Ruler of Dubai, urged Arab youth to evolve, adapt and learn to keep pace with a transforming world. In an open letter to the Arab Youth in the inaugural issue of Popular Science Arabia Magazine, he said, “We live in a time …
Read More »TRA and DED ink collaboration pact
Abu Dhabi /Â WAM The UAE Telecommunications Regulatory Authority (TRA) and the Department of Economic Development of Dubai (DED) recently signed a collaboration agreement to enhance their co-operation and co-ordination efforts in the field of joint national indicators of the Network Readiness Index (NRI), a key indicator from the World Economic Forum, WEF, to measure how countries are doing in …
Read More »Air Arabia takes ‘Invest in Sharjah’ brand to skies
Sharjah / Emirates Business The ‘Invest in Sharjah’ brand is taking to the air following an agreement between Sharjah FDI Office (Invest in Sharjah) – the FDI office operating under the government of Sharjah – and Air Arabia, the first and biggest low-cost airline in MENA region. Under the terms of the agreement, Air Arabia will place decals of …
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