Local News

Jumeirah Group to unveil 101 luxury golf buggies

  Dubai / WAM The Jumeirah Group partnered with Brand Dubai and Dubai Culture to unveil 101 luxury golf buggies featuring inspirational Arabic artwork. Guests at Burj Al Arab Jumeirah, Madinat Jumeirah and Jumeirah Beach hotel will soon be travelling between the resorts in these buggies decorated with artwork inspired by the UAE’s heritage and culture. The project sees the ...

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Majid Al Futtaim to invest AED48bn in UAE by 2026

  DUBAI / EMIRATES BUSINESS The Middle East and North Africa’s leading shopping mall, retail and leisure pioneer, Majid Al Futtaim, on Wednesday unveiled a strategic development plan that will see the company increase its total investment in the UAE by AED 30 billion by 2026, taking its total investment in the country to AED 48 billion. The investments, which ...

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Experts discuss trends in payment industry

  RITIKA SHARMA / Emirates Business As technology continues to change the way in which payments are made across the Middle East, improved application performance and flexibility are expected to play an important role in making the region’s digital economy mature. Experts at the Cards and Payments Middle East, and its co-located exhibitions — Retail Show Middle East 2016 and ...

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Etihad Airways holds vendor symposium

  ABU DHABI / Emirates Business Etihad Airways, the national airline of the United Arab Emirates, invited more than 500 local and international suppliers, to a major conference in Abu Dhabi aimed at transforming the traditional buyer and supplier relationship. Hosted by the company’s Procurement and Supply Management team, the theme of the event was ‘Transformation’. The mandate set for ...

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IFC invests US$25mn in Egypt’s Carbon Holdings

  Dubai / Emirates Business Investbridge Capital — an independent alternative asset management and advisory firm based in the Dubai International Financial Centre (DIFC) covering emerging growth markets — has announced that it arranged and advised on a cross-border US$25 million (AED 92 million) convertible loan by the International Financial Corporation (IFC) to Carbon Holdings. The latter is an Egyptian ...

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TRA new directive puts cap on mobile data bundles

  Dubai / Emirates Business The Telecommunications Regulatory Authority (TRA) has issued a directive ordering major operators Etisalat and du to put a ceiling, or hard cap, on their respective mobile data bundles in a bid to protect consumers from unwittingly incurring disproportionately higher additional charges. Directive (1) of 2016 applies to all mobile data bundles whether included as part ...

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Al Ghurair Investment unveils sustainability plan for 3 years

  ALKESH SHARMA Emirates Business ‘Go Green’ is the new corporate mantra of enterprises worldwide in their eco-friendly pursuit to ensure a sustainable tomorrow. Following this green path, UAE-based Al Ghurair Investment — one of the largest diversified industrial enterprises in the Middle East — has unveiled its environmental and sustainability plan for the next three years. Various entities, active ...

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Proclad inks pact with National Industries Park

  Dubai / Emirates Business National Industries Park (NIP) and Proclad have signed an agreement to invest and develop plots in the National Industries Park to a tune of approximately AED 500 million and develop 1.5 million sq. ft. of industrial area specializing in Products and services related to the Oil and Gas Industry. Proclad currently owns four factories in ...

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UAE’s manufacturing sector at the cusp of a new era of growth

  DUBAI / Emirates Business Over the last decade, the United Arab Emirates (UAE), a country with a population of over 9 million, has consistently attracted the world’s attention. With a host of benefits ranging from excellent infrastructure to top-notch services and access to the world’s leading brands, this country is a haven for the highly skilled workforce in the ...

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OSN brings Disney Junior in Arabic

Dubai / Emirates Business OSN, the leading pay-TV network in the Middle East and North Africa, is giving children across the region the opportunity to experience all their favourite Disney Junior content in Arabic. Little ones can now experience the exceptional line-up of magical, musical and heartfelt stories and characters on Disney Junior with dedicated Arabic audio as well the ...

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