Local News

  DUBAI / Emirates Business IMA (Institute of Management Accountants) announced a new specialty credential designed specifically for professionals holding the CMA (Certified Management Accountant) certification. The CSCA (Certified in Strategy and Competitive Analysis) complements and expands upon the strategic planning, competitive analysis, and decision-making skills developed through the CMA. According to research by IMA and other organizations, CFOs and ...

  DUBAI / Emirates Business Masrouji Group, one of the largest distributors of an extensive international range of top branded products for FMCG, personal care, beauty, pharmaceuticals, and baby care products, announced the launch of world-class Alfaparf Milano hair styling products in the UAE. The high-end Alfaparf Milano products, which has carved a niche globally in hair care, was launched ...

  DUBAI / WAM Emirates Central Cooling Systems Corporation, Empower, has announced that it has awarded contracts valued at AED62million in the first quarter of the year. According to Empower, the main reason behind the increase in the number and value of contracts is the customers’ growing trust in the district cooling service in terms of its efficiency compared to ...

  Dubai / WAM The United Arab Emirates and Saudi Arabia have the main bulk of private equity (PE) investments in the Middle East and North Africa (MENA) in 2014 at more than 75 percent by value, according to an international report. Emerging only in the late 1990s, MENA’s PE market is still at its infancy compared to other well-established ones, ...

  Sharjah / WAM His Highness Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, on Wednesday opened the ninth Sharjah Children’s Reading Festival, SCRF 2017, the region’s largest children’s reading event, at Expo Centre Sharjah. Running until April 29, this year’s festival has the theme ‘Discover Beyond’ and features 2,093 cultural, artistic and entertainment activities, ...

  Rabat / WAM A proposal from the UAE to develop innovative plans to help other Arab countries in addressing current economic and financial problems, while boosting economic development, was presented to Arab finance ministers at the eighth ordinary session of the Council of Arab Ministers of Finance, being held in Rabat, Morocco. The proposal can help achieve significant progress in ...

  Dubai / WAM The first branch of the UAE Foodbank opened on Wednesday in the Al Quoz area in Dubai. During the opening ceremony, HH Sheikha Hind bint Maktoum bin Juma Al Maktoum, Chairperson of the UAE Foodbank Board of Trustees said, “I am extremely proud to see the first branch open only three months after the announcement of the ...

  Abu Dhabi / WAM The Tourism Development and Investment Company (TDIC), the master developer of major tourism, cultural and residential destinations in Abu Dhabi, announced on Wednesday that 60 per cent of the units has been sold after unveiling a compelling selection of residential units on Saadiyat Island at Cityscape Abu Dhabi 2017, taking place from April 18-20 at the ...

  ABU DHABI / WAM Dr Sultan Ahmed Al Jaber, UAE Minister of State, ADNOC Group CEO and Chairman of the UAE’s National Media Council, on Wednesday shared details of ADNOC’s 2030 strategy, which will deliver smart growth and long-term value and profitability, with leading local and regional media. Dr Al Jaber was speaking at the third GCC Petroleum Media ...

  Abu Dhabi / Emirates Business Abu Dhabi Fund for Development (ADFD) announced a contribution of AED330 million (US$90 million) to implement development projects and programs in key sectors in Somalia, particularly infrastructure and transport. The contribution underpins efforts to improve public services, create new job opportunities and ensure stability and social development. Moreover, the AED330 million aims to help ...