Dubai / Emirates Business Rents on prime office assets across the MENA region continued to increase at around the same pace recording an average growth of 11.3% per annum in the year to Q2 2016 compared to 11.9% per annum in the year to Q1.This confirms the ‘2 tiered’ nature of the market across the region with demand for ...
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Dubai / Emirates Business Dubai Culture & Arts Authority (Dubai Culture), the Emirate’s dedicated entity for heritage, arts and culture, has successfully wrapped up its ‘Reading Corner’ installation at the 2016 edition of Modhesh World. The ‘Reading Corner’ by Dubai’ Culture’s Centre of Studies and Research, focused on inspiring children and young adults from across Dubai to pick up ...
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Emirates Business Azizi Developments, a leading UAE-based real estate developer with global reach into international markets, completed the official handover to owners of its Dubai-based property development – Azizi Yasamine Residence, in Al Furjan. Located just minutes away from the World Expo 2020 site, Azizi Yasamine Residence is a 12-storey property that boasts a mix of one to three-bedroom ...
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Dubai / Emirates Business IMG Worlds of Adventure, the world’s largest indoor theme park, opened its doors on Wednesdayfor the very first time. Wholly owned by the Ilyas and Mustafa Galadari Group and managed by IMG Worlds, IMG Worlds of Adventure is the first international mega-themed park to open in Dubai and will redefine the modern theme park experience ...
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ABU DHABI / WAM The UAE Banks Federation announced that the MoU regarding the ownership and operation of the mWallet platform has been signed by all 16 UAE equity partner banks in the entity. The mWallet platform, which is the financial component of the UAE Smart Government initiative, or the mobile wallet, was initially unveiled in 2014 as an ...
Read More »Dubai / EMIRATES BUSINESS Emirates Islamic, one of the leading Islamic financial institutions in the UAE, on Tuesday announced that it successfully closed a US$ 250 million tap of its earlier US$ 750 million 5-year Sukuk issued in May 2016. This is under the bank’s US$ 2.5 billion Certificate Issuance Programme. The tap generated an order book of US$ ...
Read More »Dubai / EMIRATES BUSINESS The Smart Dubai Office hosted 30 MBA students from the International Institute of Management Development (IMD), Switzerland for an interactive Smart Dubai workshop held at His Highness the Ruler’s Court yesterday. The one hour workshop included HE Dr Aisha Bin Bishr, Director General of the Smart Dubai Office sharing an overview of the office, its current ...
Read More »Dubai / EMIRATES BUSINESS The ICT Fund, the financing tool of the Telecommunications Regulatory Authority (TRA), announced it is organizing the UAE Drones for Good Award and the UAE AI Robotics for Good Award, two different sets of competitions each having local and international categories. The awards aim to encourage innovative ideas and designs intended to help serve humanity using ...
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ABU DHABI / WAM Abu Dhabi Ship Building (ADSB) announced the commissioning of the company’s first floating dock, located in Mina Zayed, with the aim of expanding its commercial service offerings. Commenting on the occasion, Dr Khaled Al Mazrouei, CEO of Abu Dhabi Ship Building, said, “We are proud to announce this latest milestone for Abu Dhabi Ship Building. ...
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Sharjah / Emirates Business Sharjah’s Department of eGovernment (DeG) has announced that it is hosting a workshop to bring together 30 of the emirate’s departments as part of the forthcoming GITEX Technology Week 2016 (GITEX). Taking place on September 1, the activity being held under the umbrella of the Government of Sharjah is being organised to review its preparations ...
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