Local News

ABU DHABI / WAM National Bonds Corporation, the leading UAE company specialised in a unique and investment Sharia compliant programme, released its 2015 Savings Index findings based on a survey conducted among 2,000 respondents in the GCC region. Compiled by Sondos Market Research, the survey aimed to gain feedback on three key areas: financial stability, potential of saving and existence ...

Sunaina Rana / Emirates Business Crucial role of women in the corporate boardrooms and the importance of their say in the final decision making took the center-stage during recently held session by a Dubai-based NGO ‘Reach’ that conducted it in association with Australian Business Group in Abu Dhabi. In a bid to promote women in business circles, Reach held panel ...

Dubai / Emirates Business The 11th annual World Takaful Conference (WTC) played host to powerful keynote addresses to a packed audience of over 300 industry leaders from the Middle East, East Asia, Europe and Africa. Convened by Middle East Global Advisors and in strategic partnership with the Dubai International Financial Centre (DIFC) Authority, WTC is held under the theme “Prudent ...

Abu Dhabi / Emirates Business Marina Mall, the capital’s leading shopping destination, attracted over 2,500 visitors of all ages to the Tom and Jerry show and activity area during its ‘15 Years of Inspiring Moments’ festival. Over the course of the two-week festivities, visitors experienced 15 days of fun-filled activities at Abu Dhabi’s favourite mall. Thousands of visitors across the ...

Dubai / Emirates Business The Dubai Financial Market (DFM), the leading exchange in the region, powered by Avaya’s SDN FX fabric networking technology, was awarded ‘Network Project of the Year 2015’ at the Network World ME Awards. The exchange selected Avaya’s scalable and high security network to effectively cater to its growing requirements and to provide a reliable, stable and ...

RITIKA SHARMA / Emirates Business For the first time, UAE is all set to get a taste of an untapped but creative side of film industry – the pop up cinema. Named ‘Film in a Box’, the new concept will showcase non-dialogue films at various locations across the UAE, and cater towards enhancement of the region’s film and art industry. ...

Alkesh Sharma / EMIRATES BUSINESS Unaffected by the recurrent economy fluctuations, residential sales market remained largely muted during the first quarter of 2016 in Abu Dhabi. Realtors in the Emirates capital experienced weak appetite for property purchases that was in tandem with overall market sentiment in the region. These startling findings have been revealed by CBRC Group in its recent report ...

Dubai / Emirates Business The new Kia Sportage has been received recognition for being the most desirable ‘Best Small SUV of the Year’ at the prestigious 2016 Middle East Car of the Year Awards. The fourth-generation Kia Sportage features a bold new look, with the vehicle’s designers creating a sense of sporty and powerful energy from every angle. Soon-Nam Lee, ...

Dubai / Emirates Business With millions of subscribers, dozens of products and plans, and a significant growth in the number of apps and services, the Middle East’s telecom providers require more out of their customer experience management platforms than companies in most other sectors. The region is also witnessing an accelerated shift to smartphones – at 78 percent the UAE’s ...

Abu Dhabi / EMIRATES BUSINESS DarkMatter, an international cyber security firm headquartered in the UAE, has announced the appointment of seasoned technology executive, Rabih Dabboussi as its Senior Vice President of Sales, Marketing and Business Development. Rabih joins DarkMatter from Cisco UAE, where he was Managing Director. In his new position at DarkMatter, Rabih is responsible for the company’s overall business ...