Local News

  Dubai / Emirates Business Dubai International Financial Centre (DIFC), the global financial services hub connecting businesses and financial institutions with emerging markets across the Middle East, Africa & South Asia (MEASA), marked a strong participation at City Week 2016 in London. Showcasing its unique offering among the world’s financial industry, DIFC explained its distinct proposition to key firms during ...

  Sharjah / Emirates Business The Etisalat Award for Arabic Children’s Literature, sponsored by Emirates Telecommunications Corpor- ation (Etisalat) and organised by the UAE Board on Books for Young People (UAEBBY), held a number of discussion panels at two schools in the Northern emirates — one at Umm Al Shahid primary school in Umm Al Quwain and one at Salem ...

  ALKESH SHARMA / Emirates Business Drifting away from traditional norms of recruiting using emails and phone calls, the 21st century recruiters are strategically using smart devices to hunt the right talent in the market. The GCC nations are prolifically using mobile technology to attract, engage and hire potential candidates. According to the reports, UAE is the main harbinger in ...

  Dubai / Emirates Business Dubai is sharpening its focus on ensuring sustainable growth in line with the environmental objectives of Dubai Plan 2021 and the broader UAE Vision 2021. Dubai Integrated Energy Strategy 2030 has already been set into motion to reinforce energy security through the diversification of energy sources as well as a 30 per cent reduction in ...

  Abu Dhabi / Emirates Business Geometry Global has launched a bespoke marketing consultancy offering – Geometry Global Intelligence (GGI) – in Europe, Middle East and Africa (EMEA). The platform is designed to advise and support marketers and brands on all elements of purchase-journey marketing using astute data, research and expertise. Geometry Global Intelligence will enhance the agency’s offering across ...

  Dubai / Emirates Business Visa Inc. — a global payments technology company — has announced results of the Professionals Study conducted in the UAE. The study is part of a global research by Visa that looks at consumer spending habits, priorities and optimism about the future. The UAE study, based on responses from UAE citizens and residents aged 18-to-55 ...

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, congratulated the mountaineering team of the UAE Armed Forces for scaling Mount Everest, the world’s highest peak at 8,848 metres (29,029 feet) above sea level. In a text message to the team on achieving ...

  Dubai / Emirates Business Azizi Developments, the biggest private developer in Al Furjan, awarded a contract worth AED200 million to Dubai-based Keilani Construction Company LLC to construct two new serviced residences in the area. The high-end serviced residences – named Roy-Mediterranean and Montrell – will comprise studios and one-bedroom apartments, each standing 9 storeys tall, including the ground level ...

DUBAI / WAM Foreign investors purchased AED 667.4 million worth of shares on Dubai Financial Market (DFM) and sold AED 561.3 million over the week, DFM said on Thursday. Net foreign investment on the market reached AED 106.1 million, as aggregate buy. Value of shares bought by foreigner investors comprised 50.2 per cent of the total value of stocks traded ...

  SHARJAH / WAM Abdullah Sultan Al Owais, Chairman of the Sharjah Chamber of Commerce and Industry(SCCI) said that the historical and fraternal relations between the UAE and the Sultanate of Oman is a starting point and an additional incentive to continue working hard for the development of bilateral economic relations to achieve a compatible system within the GCC’s common ...