SHARJAH / Emirates Business Strategically located at the intersection of Sheikh Mohammed bin Zayed Road and University Road, City Centre Al Zahia is a super-regional mall of 136,200 sqm of gross leasable area. The super-regional mall will address the shopping and leisure needs of the residents of Sharjah, Northern Emirates and Al Zahia, an award-winning residential destination with six …
Read More »SHARJAH / WAM Sharjah Economic Development Department (SEDD) and Emirates Post Group (EPG) have discussed prospects of e-linking economic activities related to postal system between the two organisations. The idea was discussed at a meeting between Sultan Abdullah bin Hadda Al Suwaidi, Chairman of SEDD and delegation from Emirates Post Group, led by Obaid Al Qatami, Acting Chief Commercial …
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Sharjah / Emirates Business As part of its commitment to supporting the growth of socially-conscious entrepreneurs in the region, Sheraa – a launch pad for aspiring entrepreneurs in the United Arab Emirates – has entered in to an exclusive strategic partnership with Crescent Enterprises, the founding partner for Sheraa’s social entrepreneurship track, to co-create initiatives that develop the region’s …
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DUBAI / WAM Dubai Customs has updated its valuation system to provide more advanced services to clients to serve the vision of Dubai becoming the smartest city in the world. With this in mind, Dubai Customs regularly updates and automates its processes and applications, delivering added value to its clients and reaffirming Dubai’s position as a preferred hub for …
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DUBAI / WAM The Dubai Financial Market Company (DFM) announced its financial results for the first quarter of the year ending 31 March 2017, reporting a net profit of AED102.34 million, 19% increase compared to AED86 million during the corresponding period of 2016. The company’s total revenue has grown by 18% to AED149.34 million in Q1 of 2017 compared to …
Read More »ABU DHABI / WAM An annual exhibition organised by the Abu Dhabi Businesswomen Council opened on Monday to showcase the innovative projects launched by Emirati women entrepreneurs. Entrepreneurs from the UAE, Bahrain and Kuwait are participating in the exhibition held under the patronage of HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, Supreme Chairwoman of the …
Read More »DUBAI / WAM Emirates NBD announced it is the first bank in UAE to process loan or card applications utilising Al Etihad Credit Bureau Consumer Retail Banking Score. The AECB Consumer Retail Credit Bureau Score is the first scoring system for UAE’s retail banking customers, exclusively developed for risk prediction using historical data on repayment behaviour reported to Al Etihad …
Read More »Dubai / WAM Merger and acquisition (M&A) activity in the Middle East and North Africa (MENA) declined in the first quarter of 2017 recording 84 deals, compared to 115 deals in Q1 of 2016, according to the Q1 2017 M&A report from global professional services firm EY. However, the report shows that MENA deal values remained broadly stable reaching …
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Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, witnessed on Monday the launch of Miral’s AED12 billion master development plan to transform the southern end of Yas Island in Abu Dhabi. His Highness welcomed Miral’s delegation today at the Sea Palace Abu …
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Abu Dhabi /Â WAM The Telecommunications Regulatory Authority (TRA), signed new strategic partnerships with Etisalat and du telecommunications at its headquarters in Abu Dhabi. The memoranda are part of the TRA’s plan of action aimed at achieving the objectives of the UAE National Vision 2021 to raise the country’s ranking among the top 10 countries in the National Readiness Index …
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