Local News

  Sharjah / Emirates Business The Big Heart Foundation (TBHF) — a Sharjah-based global humanitarian charity dedicated to helping refugees and people in need worldwide — has donated US $150,000 (AED550,000) to support Rohingya refugees in Malaysia and displaced people in Iraq. Distributed by the United Nations High Commission for Refugees (UNHCR), the funds will be used to help overcome ...

    Dubai / Emirates Business dubizzle, the UAE’s leading classifieds platform, has announced user trends and behaviours on the motors section in Ramadan 2016, revealing an increase in demand for sports cars during this period. The holy month marks a major season for the automotive industry in the UAE with many residents buying new cars and selling current ones. ...

  Sharjah / Emirates Business ‘Lughati,’ the Sharjah-based initiative dedicated to supporting learning Arabic the smart way, has launched its first summer camp for students. Running from July 13 – August 17, the camp will host around 500 male and female students, with activities taking place at various locations across the emirate; including Sharjah Ladies Club, Sharjah Women Sports Department, ...

  Emirates Business SriLankan Airlines, the national carrier of Sri Lanka and a member airline of one world, has launched its Arabic website, providing its Middle Eastern travellers an enhanced and personalized browsing experience. The new site (http://www. srilankan.com/en_uk/ae) is equipped with advanced features to provide a hassle-free and comprehensive web experience, allowing the users the convenience of fulfilling travel ...

  ALKESH SHARMA / Emirates Business An all-new generation of tech-savvy individuals, who believe in making the most out of technology marvels, is apparently giving a boost to the wearables market in the UAE. Driven by an increased adoption of smart watches, techie wristbands and competitive prices, the country’s wearables industry is certainly enjoying one of the most money-spinning phases ...

  RITIKA SHARMA / Emirates Business Boasting of exemplary corporate structure and productivity, companies in the UAE are now pulling up their socks to stay at pace with the international standards in employment, by focusing on elements like company culture and digital presence. According to a recent survey, transparent company culture and effective online presence have become a top priority ...

  DUBAI / Emirates Business The Rental Disputes Center (RDC) — the judicial arm of the Dubai Land Department (DLD) — has signed a Memorandum of Understanding (MoU) with the Central Bank of the United Arab Emirates, in order to facilitate prompt information exchanges between the RDC and banks operating in the UAE for Rental Disputes. Furthermore, an electronic framework ...

  Emirates Business Japanese heavy trucks manufacturer, UD Trucks has unveiled a range of trucks specifically built with Middle East customers in mind, with significant launch events taking place in Saudi Arabia, Qatar and Oman. The all-new Quester is a modern and robust heavy-duty truck platform designed to serve a wide range of applications including construction, distribution and long-haul transportation. ...

  Abu DHABI / Emirates Business Abu Dhabi Islamic Bank (ADIB) reported a net profit of AED 989.5 million for the first half of 2016, a year-on-year (YoY) increase of 3.8 percent. Total assets grew by 5.6 percent YoY to AED 121.5 billion, with customer deposits rising 9.3 percent to AED 97.4 billion, while loans grew by 6.9 percent to ...

  ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan sent a congratulatory cable to the President of the French Republic, Francois Hollande, on the occasion of his country’s National Day. Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, and His Highness Sheikh Mohamed bin Zayed Al ...