Local News

  Dubai / Emirates Business Dubai’s Department of Tourism and Commerce Marketing (DTCM) revealed the #BeMyGuest film starring Bollywood superstar, Shah Rukh Khan. After 6 days from the release of the popular campaign teasers which kept Bollywood fans from all over the world in anticipation, the film today firmly establishes why Dubai is the Bollywood superstar’s home away from home. ...

  Dubai / Emirates Business Jumeirah Golf Estates (JGE) announced the launch of an in-house leasing brokerage and resale services, enabling buyers and leasers to deal directly with the developer as it enhances its personalized service offering. Expanding its remit from developer and community manager to encompass this new function, Jumeirah Golf Estates will now offer leasing brokerage and resale ...

ABU DHABI / WAM Foreign and institutional investments at the Abu Dhabi Securities Exchange (ADX) totalled AED7.9 billion by the end of November 2016. Net flow of foreign investments in the last six months, from June to November, reached almost AED850 million. Data from the exchange shows that institutional investments in the last eleven months reached AED4.6 billion, whereas investments ...

  ABU DHABI / WAM Abdullah Al Saleh, Under- Secretary of the Ministry of Economy for Foreign Trade and Industry, recently met Yoshio Kishimoto, Director-General of International Affairs at the Japanese Ministry of Economy, Trade and Industry, and his accompanying delegation at the Ministry’s office in Abu Dhabi. The meeting highlighted developments in economic and trade cooperation between the two ...

  DUBAI / WAM The Islamic Development Bank (IDB) listed a $1.25 billion Sukuk on Thursday on Nasdaq Dubai, the region’s international financial exchange. It is the seventh Sukuk listing on the exchange by the IDB, making it the largest Sukuk issuer on Nasdaq Dubai at 8.55 billion US dollars. Altogether, Nasdaq Dubai has 56 Sukuk listings totalling US$43.96 billion, ...

  DUBAI / WAM Foreign investors purchased AED 2.5 billion worth of shares on Dubai Financial Market (DFM) and sold AED 2.4 billion over the week, DFM said on Thursday. Net foreign investment on the market reached AED 148.5 million, as aggregate buy. Value of shares bought by foreigner investors comprised 43.9 per cent of the total value of stocks ...

  ABU DHABI / WAM The Ministry of Finance (MoF) in collaboration with the Arab Monetary Fund held a workshop on modern technologies applied to financial services, its impact on the banking sector, and the challenges faced by Arab regulatory authorities to establish a suitable environment to adopt these new technologies. The workshop was held in the presence of Younis ...

  DUBAI / WAM The Telecommunications Regulatory Authority (TRA) recently hosted a workshop on ‘Implementing the Business Continuity Management Programme in Emergencies’, for the purpose of ensuring business continuity in the Information and Communications Technology sector, in emergency and crisis situations. The workshop saw the attendance of ICT sector operators in addition to nominees from the local emergency and crisis ...

  Abu Dhabi / Emirates Business Abu Dhabi Systems and Information Center (ADSIC), organized the Abu Dhabi Government Contact Centre Forum at the Rosewood Hotel – Abu Dhabi. The event, aimed at discussing the latest achievements, updates and future plans of the Contact Center that have been designed to achieve customer service distinction and happiness. The Forum kicked off its ...

  Dubai / Emirates Business Premium realty exhibition for non-resident Indians, the Indian Property Show, raised its curtain on Thursday in the presence of Bollywood celebrity Arbaaz Khan, Chief Guest HE Butti Saeed Al Ghandi, Second Vice-Chairman of the Dubai World Trade Centre, and the Indian real-estate fraternity. The three-day extravaganza is playing host to top developers across India with ...