Local News

Novus expands portfolio with 3 Boeing 737-900ER

  Dubai / WAM Novus Aviation Capital, a leading global aircraft leasing platform based in Dubai, has announced the acquisition of three Boeing 737-900ER aircraft from PT Lion Mentari Airlines, Lion Air, which have been placed on long operating leases with the airline. The successful conclusion of the sale and leaseback transaction with the Indonesian low-cost carrier further expands Novus’ ...

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Etihad, FCHS partner to sponsor Emirati nurses

  ABU DHABI / WAM Etihad Airways Medical Centre (EAMC), the UAE’s first aeromedical facility, and Fatima College of Health Sciences (FCHS) of The Institute of Applied Technology, announced a new partnership to support the training and continued development of Emirati nurses in Abu Dhabi. The partnership, which is the first of its kind in the UAE, forms an important ...

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Audio-visual players look to tap Mideast market

  Dubai / Emirates Business International players in the professional audio-visual (AV) and entertainment equipment sectors are looking to the Middle East as a key growth market, as they turn to the region’s dedicated industry trade show in Dubai to take their businesses to the next level. Economic development fuelled by upcoming mega events and investments into hospitality, education and ...

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Dubai Trade, PCFC Security launch 24-hr online gate pass service

  Dubai / Emirates Business Dubai Trade, the premier cross-border trade facilitator, in collaboration with Ports, Customs & Free Zone Corporation (PCFC) Security has launched “Tasreeh”, an advanced automated gate pass service to help customers enter Jebel Ali Free Zone. The 24-hour online service allows hosting companies and port visitors to issue passes and to pay for and receive approvals ...

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HMH hotels sees rise in ratings and reviews

  Emirates Business HMH – Hospitality Management Holdings has achieved an increase of 12 per cent positive guest reviews year to date as compared to last year at the various hotels managed by the group. Securing an average of 75 to 95 per cent positive reviews, most hotels including The Ajman Palace Hotel, Coral Beach Resort Sharjah and Coral Dubai ...

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Schneider Electric’s next-gen UPS for harsh environments

  DUBAI / Emirates Business Schneider Electric, a global specialist in energy management and auto- mation, launched Gutor PXC, a standardized, fully industrial uninterruptible power supply (UPS) for harsh environments, in the Gulf region. Ideal for rugged and outdoor settings such as oil and gas exploration and production sites, marine and offshore environments and climates with extreme temperatures, the Gutor ...

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Dubai South issues AED 300mn infra contract to Tristar

  DUBAI / WAM Master developer Dubai South awarded a contract worth AED300 million for infrastructure works at its flagship Residential District. Central to the contract, which was awarded to Tristar Engineering & Construction LLC, is the delivery of the completed infrastructure works of Phase 1 and 2 of the Residential District in Dubai South by Q4 2017. The contract ...

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UAE ranks 8th worldwide in UN’s e-smart services index

  ABU DHABI / WAM The UAE moved up four places in its position in the e-smart services index of the E-Government Development Index (EGDI), issued by the United Nations Department of Economics and Social Affairs (UNDESA) ranking in joint 8th place globally with the Republic of Estonia. The EGDI is an important component in the overall index used to ...

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du offers AED594.3 million dividends at 13 fils per share

  Dubai / WAM The Emirates Integrated Telecommunications Company, known as du, has said it plans to distribute AED594.3 million of interim dividends to its shareholders for the first half of 2016 at 13 fils per share, subject to approval at the General Meeting in September 2016. In its published financial results for the second quarter of 2016, du delivered AED ...

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