Local News

  DUBAI / Emirates Business For the seventh year in a row, National Bonds Corporation (National Bonds), the leading sharia-compliant savings and investment company in the UAE, is distributing ‘Eidiyah’ to more than 500 lucky minor bondholders. Eidiyah is an annual initiative that rewards minor bondholders via special electronic draws for AED50 and a grand draw for AED50,000 – held ...

  Emirates Business Underscoring Majid Al Futtaim’s leadership in the retail sector, the Luxury Wing has undergone a complete revamp as part of the mall’s Evolution 2015 AED1 billion multi-stage redevelopment journey, contemporising the avenue to offer a premium location for international luxury brands. Most recently, Mall of the Emirates has welcomed MCM, Boucheron, Brunello Cucinelli, Etro, Marc Jacobs, Roger ...

  Abu Dhabi / WAM The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) has issued an announcement to alert the financial services community and members of the public on certain claims made by a Rothschild Gulf Investment Bank (RGIB). RGIB has claimed on its website that it maintained private offices in the ADGM on Al ...

  ABU DHABI / Emirates Business Etihad Airways was named ‘Best International Airline – Offline’ at the 2016 Travel Agents’ Association of New Zealand (TAANZ) National Travel Industry Awards held recently in Auckland. Voted for by the New Zealand travel industry, the award recognises the airline’s world-class product and service. Etihad Airways’ General Manager for Australia and New Zealand, Sarah ...

  DUBAI / Emirates Business A long-term drop in oil prices makes investment in Small and Medium Enterprises (SMEs) essential for GCC countries. The findings are part of BLOOVO.COM’s latest research on the beneficial role SMEs play in catalysing economic diversification and employment. BLOOVO.COM’s latest research shows that SMEs already account for 90% of all registered companies in the MENA ...

  Sharjah / Emirates Business Multi-award winning Sharjah Islamic Bank (SIB) has received yet another accolade to add to its list of achievements, having been recognised with a Wells Fargo Straight-Through Processing Award – for “consistently demonstrating thoughtful and organised commercial payment volumes and quick and seamless transactions”. SIB came first in the category: “Global Financial Institutions Payment Services”. The ...

  Emirates Business Salem Ahmad Almoosa Enterprises, one of the UAE’s most prominent business conglomerates, recently marked over 40 years of excellence across a wide range of industries with a special event highlighted by the formal awarding of three ISO certifications to its companies. A number of employees were also recognized for their dedication, loyalty and outstanding performance. During the ...

  Emirates Business Global provider of integrated shipping, logistics and marine services, the GAC Group, has announced a swathe of management changes and transfers. At Group level, changes come with Erland Ebbersten, formerly Group Vice President for the Africa, Russia and Central Asia region, assuming responsibility as Group Vice President – Marine heading the newly established Marine region covering Abu ...

  Emirates Business Etihad Airways was named ‘Best International Airline – Offline’ at the 2016 Travel Agents’ Association of New Zealand (TAANZ) National Travel Industry Awards held in Auckland on 10 September. Voted for by the New Zealand travel industry, the award recognises the airline’s world-class product and service. Etihad Airways’ General Manager for Australia and New Zealand, Sarah Built, ...

  ROME / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, arrived in Rome on Wednesday to begin an official visit to the Vatican City where on Thursday he is due to meet with Pope Francis. Sheikh Mohamed and Pope Francis will discuss bilateral ties ...