ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX) celebrated the joining of Shuaa Capital’s brokerage subsidiary ‘Integrated Securities’ to the list of companies providing the technical short selling (TSS) service at the exchange. This makes Integrated Securities the third company to provide such service on the ADX. The ceremony included ringing of the opening bell on the ADX trading ...
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Muslim travellers to spend $157bn by 2020
Dubai / Emirates Business Muslim travellers will spend $157 billion by 2020, driven by millennial travellers and the top outbound market remains Saudi Arabia, which will grow 17 percent over the next three years alone, to reach $27.9 billion. The figures were released during Arabian Travel Market’s Global Halal Tourism Summit 2018, which was held at the Dubai World Trade ...
Read More »Global blockchain spend to hit $9.7bn
Dubai / Emirates Business Blockchain adoption continues to grow across industries world-wide with total spending on blockchain solutions set to grow to $9.7 billion in 2021 according to International Data Corporation (IDC), leading provider of market intelligence, advisory services, and events for the information technology, tele-communications, and consumer technology markets. Startups in the nascent blockchain industry are driving this growth ...
Read More »flydubai to resume flights to Sulaimaniyah from May 10
Dubai / WAM flydubai, the Dubai-based airline, on Wednesday announced that flights to Sulaimaniyah will resume from May 10. The carrier now operates to five points in Iraq including Baghdad, Basra, Erbil and Najaf. The decision to relaunch the flights was taken following Iraqi Authorities to reopen its airport last March. flydubai is the first carrier from the UAE to ...
Read More »Iron Mountain acquires Derby Records Management
Dubai / Emirates Business Iron Mountain Incorporated, the global leader in storage and information management services, on Wednesday announced the acquisition of Derby Records Management FZ LLC in Dubai, expanding the company’s presence and scale in the fast-growing Dubai market. The acquisition of Derby Records Management FZ LLC will add two facilities and over 100 customers to Iron Mountain’s existing ...
Read More »90% food transport vehicles comply with hygiene rules
Dubai / WAM The Food Inspection Section of Dubai Municipality’s Food Safety Department, in collaboration with the Roads and Transport Authority (RTA), Dubai Police and the Assets Management Department of the municipality, have organised an inspection campaign for food transport vehicles at the Warsan Vegetable and Fruits Market to ensure that they meet the hygiene requirements of the Food Safety ...
Read More »Emirates introduces home check-in service in Dubai
Dubai / Emirates Business Emirates has introduced Home Check-in, a new service which allows customers to check in for their flights from anywhere in Dubai. The service is available for customers across all classes travelling on Emirates flights. The new service enables Emirates passengers to complete the security check and check-in from the comfort of their home, hotel or office ...
Read More »dnata Travel picks up two awards
Dubai / Emirates Business dnata was presented with the two prestigious awards at the World Travel Awards Middle East Gala Ceremony 2018 – for the fifth year running, securing the accolade of ‘UAE’s Leading Travel Agency’ and ‘The Middle East’s Leading Business Travel Agency’. The World Travel Awards Middle East, presented at a gala dinner in Ras Al Khaimah, in ...
Read More »Sharjah Ruler allocates AED2.5mn to enrich emirate’s libraries
SHARJAH / WAM His Highness Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has ordered the allocation of AED2.5 million to purchase books from participating publishers at the ongoing edition of the Sharjah Children’s Reading Festival (SCRF 2018). The books to be purchased will be selected from the latest publications at the SCRF, and ...
Read More »Retirees honoured for their vast contribution to Adnoc’s growth
Abu Dhabi / WAM The Abu Dhabi National Oil Company (ADNOC), has honoured the vast contributions of its retirees to the growth and development of ADNOC. At an event to launch the ADNOC Pioneers alumni programme, ADNOC brought together more than 700 retirees in its first event in recognition of the company’s retirees’ contributions to the success of the company. ...
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