Abu Dhabi / WAM The Emirates Red Crescent (ERC), has held a ceremony for 7,692 orphans sponsored by the organisation in Khartoum, attended by Hamad Mohammed Humaid Al Junaibi, UAE Ambassador to the Republic of Sudan, and a number of Sudanese Ministers and officials. During the event, the orphans and their guardians received over AED33.8 million in aid which was deposited ...
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MoI’s e-game to raise awareness on UAE history
Abu Dhabi / WAM An innovative e-game dubbed ‘Zayed The Leader’ was officially launched by HH Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, at the Ministry of Interior (MoI) premises on Tuesday to promote awareness among youngsters about the UAE history and its establishment at the hands of late Sheikh Zayed ...
Read More »Underwriting Managers set to be licensed by SCA
Abu Dhabi /Â WAM The Securities and Commodities Authority (SCA) has requested all entities wishing to administer public subscription to get a prior licence from SCA. The licence can be easily obtained by contacting the department concerned at the authority, said SCA in a circular distributed on May 7 to stock companies operating in the country, underlining the necessity that ...
Read More »AED2.6bn City Centre Al Zahia to open its doors in 2020
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 »SEDD and EPG discuss e-linking of economic activities
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 ...
Read More »Sheraa, Crescent to develop social entrepreneurship
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 ...
Read More »Dubai Customs updates smart valuation system
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 ...
Read More »DFM’s Q1 net profit hits AED102.34mn
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 expo hosts innovative projects by Emirati women
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 »Emirates NBD first bank to utilise AECB scoring system
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 ...
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