Abu Dhabi /Â WAM Government, police and industry leaders witnessed a three-day meeting which focussed on thoughts and efforts to identify a more effective path to meet challenges posed by terrorism, organised crime and cybercrime in order to improve global security. Held under the patronage of His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the United Arab Emirates, ...
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Dubai Economy adopts ‘Global Rating’ for services
Dubai / WAM Dubai Economy on Thursday announced the adoption of the ‘Global Star Rating System for Services’ for application across commercial establishments in the emirate in the presence of Ohood bint Khalfan Al Roumi, Minister of State for Happiness. The rating system is one of the pioneering initiatives launched by the Government of Dubai in line with the directives ...
Read More »RTA briefs ENOC team on asset management system
Dubai /Â WAM The Asset Management Department of Roads and Transport Authority (RTA) briefed a visiting delegation from the Emirates National Oil Company, ENOC, in Dubai on the best practices and processes in asset management. The orientation began with planning for procurement of new assets, processes of monitoring the performance of assets, listing inventory as well as the numbering and ...
Read More »Indonesian Sukuk raises Nasdaq Dubai listing to record US$50bn
DUBAI / WAM The government of Indonesia on Thursday listed two Sukuk with a total value of US$3 billion on Nasdaq Dubai. The listings raised the total nominal value of all Sukuk listed in Dubai above US$50 billion for the first time, to a global record high of US$52.06 billion. The Indonesian government is the largest issuer on the ...
Read More »Marka posts AED294mn revenue
Dubai / Emirates Business Marka PJSC (DFM: MARKA), the first retail-focused listed company in the UAE, on Thursday released its audited full year 2016 financial results. For the 12 months ending December 31, 2016, the company reported total revenue of AED 294 million, an increase of 36.89 % over the full year results for 2015. The results revealed an ...
Read More »Mashreq Al Islami donates AED100,000 to ERC
Dubai / Emirates Business Mashreq Al Islami – the Islamic banking division at Mashreq bank, as part of its ongoing campaign to make a difference to the lives of the underprivileged, has tied up with Emirates Red Crescent to deliver its promise of the ‘contribute for good’ feature on its credit card. The bank, inspired by the UAE’s Year ...
Read More »Aster DM Healthcare expands network to GCC, India
Dubai / Emirates Business Aster DM Healthcare, the Dubai based healthcare conglomerate, reported a healthy 2016-17 fiscal year led by its continued expansion and acquisition strategy. Over the past year, the group has expanded its network across GCC as well as India. Aster DM Healthcare also announced the closure of US$295 million, comprehensive group-wide credit facility with Axis Bank. ...
Read More »Healthcare sector in UAE to hit AED103bn
ABU DHABI / WAM The move towards quality healthcare as well as an increase in demand for preventive care and digital health will contribute to a massive 60 percent growth of the UAE’s healthcare sector in five years, according to a new study by MENA Research Partners (MRP), a leading research company in the region. The current AED64 billion ...
Read More »ZonesCorp’s new development to support SMEs
ABU DHABI / WAM ZonesCorp, the largest developer and operator of purpose-built industrial zones in the UAE, unveiled a new development designed to support the growth of small and medium-sized enterprises, SMEs, in Abu Dhabi. The new zone being developed by ZonesCorp will feature 261 prefabricated, ready-to-use units covering an area of just over 300,000 square metres. Overall, 80 ...
Read More »AED396mn worth of business deals sealed at Dubai Derma
Dubai /Â WAM AED396 million worth of business deals were sealed at the 17th edition of the Dubai World Dermatology and Laser Conference and Exhibition, known as Dubai Derma, which concluded on Wednesday. Some 540 companies from 85 countries took part in the three-day event, which included participation from around 15,000 visitors, according to Dr. Abdul Salam Al Madani, Executive ...
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