Local News

  Al Ain / Emirates Business The Ministry of Climate Change and Environment and the Al Ain Zoo and Aquarium Public Institution agreed to join forces when it comes to spreading environmental awareness. The agreement came in the form of a Memorandum of Understanding (MoU) signed on Monday between Eng. Aisha Al Abdooli, Director of Environmental Awareness and Education Department ...

  Dubai / Emirates Business Consumers across the Middle East would do well to wait until October to make their technology purchases this year given the extraordinary savings they will make at GITEX Shopper 2016. The region’s largest and most anticipated consumer electronics show continues to attract both the world’s top tech brands and the region’s largest power retailers. Taking ...

  Dubai / Emirates Business Aramex, a leading global provider of comprehensive logistics and transportation solutions, has recently announced its partnership with NewBridge Pharmaceuticals. As part of this collaboration, Aramex is now providing a range of logistics services for NewBridge in the Middle East, Africa, Canada and the UK. Based in Dubai, UAE, NewBridge pharmaceuticals is a regional specialty company ...

  ABU DHABI / Emirates Business Azizi Developments, a leading UAE-based real estate developer with an influence in many international markets, has announced that 85 per cent of its AED 350 million Royal Bay Residence project has been sold. The project is scheduled to be completed by second quarter of 2017. Farhad Azizi, CEO of Azizi Developments, said “Dubai is ...

  Dubai / Emirates Business Etihad Airways, the national airline of the United Arab Emirates, has partnered with luxury department store Bloomingdale’s – Dubai as the retailer launches its Fall 2016 seasonal campaign. The airline is showcasing its iconic ‘penthouse in the sky’, The Residence, inside the store at Dubai Mall. Etihad Airways will also offer Bloomingdale’s – Dubai customers ...

  DUBAI / WAM A new report from Arab Petroleum Investments Corporation (APICORP), owned by Organisation of Arab Petroleum Exporting Countries (OAPEC) says that the total committed and planned energy investments in the MENA region could reach US$ 900 billion over the next five years. The report reveals that planned MENA investments in the energy sector are estimated at US$ 11 ...

DUBAI / Emirates Business ENOC Retail, Emirates National Oil Company’s retail business segment, announced ambitious growth plans of 150 per cent for its ZOOM stores network in the UAE by 2025 to cater to increasing customer demand and population growth. The company also aims to triple its turnover in the next 15 years. ZOOM’s growth plans include the opening of ...

DUBAI / WAM Emirates Central Cooling Systems Corporation, Empower, has launched mobile chiller trailers to ensure 24/7 uninterrupted district cooling service for the company’s customers. Ahmad bin Shafar, CEO of Empower, said, “This innovative project is part of our relentless efforts to continuously enhance our customer service principles and standards.

DUBAI / Emirates Business The Department of Economic Development (DED) presented a certificate of appreciation to ‘Sugar Factory,’ the newly opened celebrity favourite American Brasserie in Dubai in honour of the unique concept being brought to the city under franchise by Tablez Food Company, the F&B division of leading retailer Lulu International Group. The certificate was handed over during a ...

  Bloomberg Nakheel PJSC, the developer of Dubai’s palm-shaped islands, repaid an Islamic bond, bringing an end to a debt restructuring saga that pushed the emirate to the brink of default in 2009. The Dubai government-owned company transferred funds to agent Deutsche Bank AG yesterday to cover a 4.4 billion-dirham ($1.2 billion) sukuk maturing this month, Chairman Ali Rashid Lootah ...