Local News

DUBAI / Emirates Business The Dubai Chamber of Commerce and Industry (DCCI) announced that it will host a series of “Business Best Practice Seminars” this month as part of the 10th cycle of Mohammed bin Rashid Al Maktoum (MRM) Business Award and the 2nd cycle of the MRM Business Innovation Award. Three best practice seminars, to be held on January 22nd, ...

Dubai / Emirates Business World-renowned home-grown airline and lifestyle brand Emirates has topped consumer brand sentiment in the UAE for the third year running in the latest Best Brand Rankings, released today by YouGov BrandIndex. YouGov used Buzz scores to compile the rankings. Buzz is calculated by asking consumers daily if they have ‘heard anything positive or negative about a ...

DUBAI / Emirates Business Emirates NBD Asset Management has consolidated its position as one of the leading regional asset managers, announcing strong full-year growth in Assets Under Management (‘AUM’), as well as top quartile returns across the bulk of its fund range. The business’ reputation as the asset manager of choice for institutional clients was further cemented by 2017 inflows ...

DUBAI / Emirates Business The 2nd UAE Public Policy For-um has called for developing a national strategy for public-private partnerships that acts as a roadmap for collaboration between the government and the private sector at national level. The two-day forum was organised by the Mohammed Bin Rashid School of Government (MBRSG), the first research and teaching institution focusing on governance ...

DUBAI / Reuters Emirates NBD, Dubai’s largest lender, posted a 17 percent rise in fourth-quarter net profit on Tuesday, buoyed by loan growth, interest rate rises and higher sales. The bank, the first major lender from the United Arab Emirates to report its earnings during the quarter, made a net profit of AED2.18billion ($593.5 million) in the three months to ...

ABU DHABI / WAM The Centre of Waste Management in Abu Dhabi (Tadweer) on Tuesday announced the signing of five new contracts, worth AED165 million, for waste management investment projects in Abu Dhabi with leading firms in the waste sector. The total capital of these projects will be funded by the investors. The contracts were made public at the CWM-Tadweer ...

ABU DHABI / WAM Masdar, Abu Dhabi Future Energy Company, is collaborating with Envyron Energy, a subsidiary of Alliances for Global Sustainability, to advance plastic-to-fuel technology, it was announced on Tuesday at Abu Dhabi Sustainability Week. The objective of this collaboration is to explore the further refinement of the plastic derived fuel produced by Envyron to up-cycle it into a ...

Sharjah / Emirates Business His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, on Tuesday unveiled three ground-breaking real estate projects to be developed in Sharjah. Worth a total of AED2.7 billion, the trio of projects are the result of a joint venture between Sharjah Investment and Development Authority (Shurooq) and Eagle Hills, ...

SHARJAH / WAM His Highness Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, issued an Emiri Decree that establishes ‘Al Medayna Nature Reserve’ in the Emirate of Sharjah. Emiri Decree No. 02 of 2018 stipulates that a nature reserve will be established in the Emirate of Sharjah under the name of ‘Al Medayna Nature ...

Abu Dhabi / WAM The mobile Zayed Giving clinics and its field hospitals have treated, locally and globally, more than 10 million children and elderly people in the last 17 years, it has been announced. The project was launched in line with the humanitarian spirit of the late Sheikh Zayed bin Sultan Al Nahyan, and in line with the directives ...