Local News

European firms keen to invest in SAIF Zone

  Sharjah / WAM A delegation of senior representatives of different companies and six countries from Europe toured the Sharjah Airport International Free Zone (SAIF Zone). The tour was part of the UAE-Europe Business Forum that was organised by the Sharjah Chamber of Commerce & Industry (SCCI) in co-operation with the London Chamber of Commerce and Industry. The six countries were ...

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TRA takes part in ‘Broadband Commission for Sustainable Development’ meet in New York

  Dubai / Emirates Business HE Hamad Obaid Al Mansoori, Director General of the Telecommunications Regulatory Authority (TRA), discussed the contents and implications of the ‘State of Broadband 2016: Broadband Catalyzing Sustainable Development’ report and the role of a wide range of telecommunication technologies in supporting growth in various countries during his participation in the regular meeting of the Broadband ...

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Maritime leaders to discuss regional prospects in global trade conditions

  Dubai / WAM An economic forum addressing the challenges and prospects of the industry in light of future oil price forecasts, the state of the Middle East economy and the effect of the Chinese trade slowdown on the region’s maritime sector, will open the eighth edition of the biennial Seatrade Maritime Middle East (SMME) exhibition and conference in Dubai, from ...

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Trends in store at GITEX for the tech-savvy

  Abu Dhabi / Emirates Business With a finger on the pulse of the fast-paced consumer electronics industry, GITEX Shopper tracks top 10 trends for tech savvy consumers looking to update devices and tap into the latest developments in the industry. Visitors to the Middle East’s largest consumer IT and electronic show, which will take place from October 1-8 at ...

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‘Digital channels open prospects for remittance sector’

  Dubai / Emirates Business As much as 94% of the remittance industry remains brick and mortar, giving IMTOs (International Money Transfer Organisations) a tremendous opportunity to tap new audiences and deliver additional value to existing consumers through digital channels, says Xpress Money COO, Sudhesh Giriyan. Giriyan’s comments came during a high-powered panel discussion on e-banking and digital transformation at ...

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Facility management market sees positive growth ahead in ME

  Dubai / Emirates Business A recent business confidence survey conducted by the British Institute of Facilities Management on the Middle East’s FM market forecasted a very positive growth, noting that 36 percent of participants intend to completely outsource their FM services, while 60 percent expect more outsourcing of FM operations in the future. Isnaad, a leader in soft FM ...

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Seminar for FMCG brands on tackling challenges in the market

  Emirates Business “Product of the Year,” the world’s largest consumer-voted award for product innovation, organized a seminar for FMCG brands on overcoming the emerging challenges in the unfavorable market. The third edition of “POY talks” brought together a distinguished group of international speakers, consisted of four sessions that unfolded the methods to overcome the current economic challenges by optimizing ...

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UAE Banks Federation welcomes bankruptcy law

  Dubai / WAM The CEO Advisory Council of the UAE Banks Federation, the professional body representing 49 banks in the UAE, has welcomed the bankruptcy law, and recognised the mutual benefit it will bring to banks and owners of businesses, especially the Small and Medium Enterprises (SMEs). This came up during the council’s third meeting of the year held ...

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Emaar lists US$750mn Sukuk

  DUBAI / WAM Dubai has become the world’s largest Sukuk listing centre by value, after Emaar Properties has listed a US$750 million Sukuk on Nasdaq Dubai, raising the total value of Sukuk listed in the emirate to US$45.55 billion. A US$500 million Sukuk issued by Emaar Properties in July 2012 is also listed on the exchange. So far this ...

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Sharjah FDI forum eyes UK, Europe

  Sharjah / Emirates Business The Sharjah Foreign Direct Investment, (Sharjah FDI Forum 2016) will highlight the strategic trade relations between the UAE, the UK and mainland Europe. Taking place on September 28-29 at Al Jawaher Reception & Convention Centre, the two-day Sharjah FDI Forum 2016 forms part of Shurooq’s efforts to introduce international investors and industry leaders to Sharjah ...

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