Local News

  Dubai / Emirates Business Merck, the world’s oldest pharmaceutical and chemical company, announced the start of Merck Diabetes Award and Merck Hypertension Award across more than 30 African And Asian universities with the aim to build a platform of Diabetes and hypertension experts across the globe. In February 2015 Merck in partnership with Dubai Medical University invited all medical ...

  Dubai / Emirates Business Businesses in Dubai expect the market to hold steady through the second quarter of 2016 after the first quarter saw strong performance across the manufacturing, services, transport and construction sectors helping the emirate offset the impact of the slowdown felt across regional markets. The quarterly business survey conducted by the Department of Economic Development (DED) ...

  Dubai / Emirates Business Several Telecommunications Regulatory Authority’s (TRA) executives have made eight field visits to its customers’ centers since the launching of the ‘Hathreen’ initiative in October 2015. The initiative aims to promote direct communication with customers, establish proper ways to receive and welcome visitors, identify the best methods to deliver services to ensure quality and satisfaction, and ...

  Dubai / Emirates Business Volunteer Emirates, one of Dubai Cares’ most popular volunteering initiatives, has kicked off with the first edition of 2016 taking place at the National Charity School for Girls in Maysaloon, Sharjah. The first of four planned editions for the year saw125 volunteers from the UAE come together to help enrich the school’s learning environment by ...

  Sharjah / Emirates Business Bank of Sharjah has announced its financial results for the three months ended on March 31, 2016. During the period, the Bank of Sharjah continued to grow its loan book while maintaining the solid structure of the balance sheet, with high levels of both liquidity and capital. Total assets reached AED27,651 million, an increase of ...

  Sunaina Rana / Emirates Business UAE-based automobile company, Swaidan Trading, also the exclusive distributor for Peugeot, has announced a new addition to its passenger vehicle portfolio of HAVAL SUVs. The automotive company has opened an exclusive HAVAL showroom on Sheikh Zayed Road, Dubai. Ajit Kumar, CEO of Swaidan Trading, told Emirates Business, “At Swaidan Trading, we are looking at ...

  Abu Dhabi / Emirates Business Organisers of Cityscape Abu Dhabi have reported that more than 15,000 visitors attended the three-day real estate showcase, which saw numerous property development launches, hundreds of units sold and a record turnout at the Cityscape Abu Dhabi Conference. The exhibition, held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown ...

  Dubai / Emirates Business The World Bank Group’s Migration and Development April 2016 Report has positioned the GCC as a global hub of outward remittances, particularly to non-GCC Arab countries. The report, which highlights the movement of people as well as remittance flows, presents data that dovetails with internal research of UAE Exchange, the leading global remittance, foreign exchange ...

  Abu Dhabi / Emirates Business Etihad Airways, the national airline of the UAE, has announced a comprehensive new global agreement with WME | IMG to become a major long-term partner to the fashion industry by supporting 17 fashion week events around the world annually. Under the agreement, which is the first multinational, multi-year airline sponsorship supporting the fashion industry, ...

  DUBAI / WAM In his capacity as Ruler of Dubai, Vice President and Prime Minister of UAE, His Highness Sheikh Mohammed bin Rashid Al Maktoum, on Thursday issued decree No (17) of 2016 forming the Board of Directors of Meydan City Corporation. Pursuant to the decree, the new Board has been formed with Saeed Humaid Al Tayer as Chairman, ...