News

Dubai / Emirates Business Air conditioning and commercial refrigeration major, Blue Star Limited’s wholly owned subsidiary in Dubai, Blue Star International FZCO, through its subsidiary Blue Star Systems and Solutions LLC, announced the inauguration of its new office and its first state-of-the-art flagship showroom in Dubai. Blue Star International FZCO, headquartered in Dubai, manages the international business operations of Blue ...

DUBAI / WAM Emirates Airline and Ghana’s Africa World Airlines (AWA), have announced a one-way interline agreement whereby Emirates customers can connect onto selected routes of Africa World Airlines’ network, opening up new African destinations for Emirates customers from May 2019. “The agreement between Emirates and Africa World Airlines underpins our commitment to provide greater connectivity across West Africa. This ...

Dubai / WAM Hesham Abdulla Al Qassim, Vice Chairman and Managing Director of Emirates NBD, rang the market-opening bell on Tuesday at Nasdaq Dubai to celebrate the listing of $1 billion conventional bond. The capital raised by the issue supports Emirates NBD’s regional and international business across diverse services including retail, wholesale and investment banking, private banking, asset management, global ...

ABU DHABI / WAM Sultan bin Saeed Al Mansouri, Minister of Economy, discussed ways of reinforcing the economic and commercial ties between the UAE and the Czech Republic, as well as partnership opportunities and the exchange of expertise between their public and private sectors, to serve their economic goals. The discussion took place during a meeting between Al Mansouri and ...

DUBAI / WAM Over 600 professionals and executives from across 25 countries across the globe will take part in the 9th edition of FAHR International Conference, kicking-off on Wednesday in Dubai. Themed ‘Fourth Industrial Revolution Human Capital Challenges’, the conference is a unique annual gathering, bringing together leading HR experts from the public and private sector as well as, regional ...

Abu Dhabi / WAM His Highness Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council, opened on Tuesday, Cityscape Abu Dhabi, the emirate’s leading property investment and development event, at Abu Dhabi National Exhibition Centre. The three-day property event is being staged under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince ...

DUBAI / WAM Hessa Essa Buhumaid, Minister of Community Development, met Akihiko Nakajima, Ambassador of Japan to the UAE, and exchanged views on the UAE’s community development initiatives, and the care for members of society, especially senior citizens. The minister relayed the UAE experience in community care for Senior Emiratis and family cohesion based on diversified policies and legislation following ...

Sharjah / WAM Sharjah Islamic Bank (SIB), reported a six percent increase in its net profit, amounting to AED151.7 million in the first quarter of 2019, compared to AED143.1 million reported for the same period last year. The bank’s total assets reached AED42.8 billion at the end of March quarter with the same level achieved by the end of 2018. Total ...

Abu Dhabi / WAM Abu Dhabi Securities Exchange (ADX), the region’s leading financial market, hosted a delegation from the French Business Group – Abu Dhabi in which the operational framework, vision, mission, and investment opportunities at ADX was highlighted to the delegation. Members of senior management attended the event from both sides. Abdul Aziz Al Neaimi, Assistant Chief Executive of ADX, ...

Dubai / WAM The Mohammed bin Rashid Space Centre (MBRSC), has launched the ‘Hope Generation’ initiative to help schools encourage students to study Science, Technology, Engineering, and Mathematics (STEM), fields and increase their curiosity about space science and exploration. This could be done through lectures, workshops and open meetings by MBRSC’s experts for middle school to high school students, and provide ...