Abu Dhabi / Emirates Business Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, has allocated $21 million (AED77 million) to finance a specialised ophthalmology hospital in Mauritius as part of its commitment to boosting the healthcare sector in the island nation. HE Mohammed Saif Al Suwaidi, Director General of ADFD, and HE Mohamed Iqbal ...
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Dubai / Emirates Business Dubai Cruise Tourism, a department of Dubai’s Department of Tourism & Commerce Marketing (Dubai Tourism), alongside its public and private sector partners welcomed cruise ship Oceana into Dubai for the debut of UK-based, P&O Cruises into the region as it homeports for the season. With Dubai as its official winter hub, the luxury vessel will commence ...
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Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, have discussed with His Holiness Pope Francis the friendly relations between the UAE and ...
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ABU DHABI / WAM Etihad Rail, the developer and operator of the UAE’s national railway network, has revealed details of their new strategy and brand identity, following the recent financing approval for Stage Two of the UAE’s national rail network. Operating under the directions of HH Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Chairman of Etihad Rail, the new ...
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Emirates Business Worldwide leader of the Catholic Church, His Holiness Pope Francis, touched down in Abu Dhabi for a three-day trip to strengthen interfaith dialogue and understanding in support of peace. Etihad Airways, as the UAE’s national airline, is celebrating this first ever papal visit to the Arabian Gulf with festivities in its offices and on board its flights in ...
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DUBAI / WAM Nasdaq Dubai and FTSE Russell have signed a license agreement for the exchange to launch derivatives on FTSE Russell’s Saudi Arabia equity indices. In its first use of the license, Nasdaq Dubai intends to launch futures on the FTSE Saudi Arabia Index later this month on a date to be announced. The futures, together with other derivatives ...
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ABU DHABI / WAM Abu Dhabi Islamic Bank (ADIB), delivered a strong set of results for 2018 with net profit up 8.7 percent to AED 2,500.8 million and rise of 23.2 percent in Q4 2018 from Q4 2017 to AED748.3 million, driven by a growth in customer financing and an improvement in provisioning. The performance was also supported by higher ...
Read More »DUBAI / WAM As retail CEOs are adjusting their strategy to reinvent and transform their business, the 5th Edition of the Retail Leaders Circle Mena Summit returns to Dubai on March 25-26 in Dubai. Spotlighting a stellar line-up of speakers and renowned thinkers, the annually summit provides a unique platform for the region’s leaders to navigate a complex business environment ...
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DUBAI / Emirates Business Dubai’s Department of Tourism & Commerce Marketing (Dubai Tourism) participated in the 26th edition of South Asia’s largest travel and tourism exhibition (SATTE 2019), in January, in Greater Noida, India, further reinforcing the emirate’s continued commitment to one of its top performing source markets. Marking the first international roadshow of 2019, Dubai Tourism will be represented ...
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Bloomberg First Abu Dhabi Bank PJSC jumped on optimism the lender will follow regional peers and raise the foreign-ownership limit on its stock. The shares climbed as much as 5.8 percent in Abu Dhabi before paring gains to 1.8 percent. The ADX General Index added 0.6 percent, with FAB shares adding the most to the increase. The United Arab Emirates’ ...
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