News

Emirates NBD top banking brand in UAE

DUBAI / WAM Emirates NBD on Tuesday announced its position as the UAE’s most valuable banking brand with a $3.534 billion brand valuation in The Banker’s annual brand valuation league table. The bank also secured a spot among the top 100 global banking brands, coming in seventy-first worldwide up from seventy-fifth in 2017. Emirates NBD has moved up four places ...

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British MP hails UAE’s ‘innovative approach’

ABU DHABI / WAM Leo Doherty, a British Member of Parliament currently visiting the UAE with a delegation from the UK-UAE All-Party Parliamentary Group (APPG), described himself as ‘very impressed by the UAE’s innovative approach to governance, including e-Governance.’ This was, he said, “something from which the British Government could take some important lessons.” Docherty, a former army officer who ...

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NCM, NRIAG join hands to boost seismology cooperation

ABU DHABI / WAM The National Centre of Meteorology (NCM), and the National Research Institute of Astronomy and Geophysics in Egypt (NRIAG), have signed a Memorandum of Understanding (MoU), on scientific research cooperation in the field of Seismology, as one of the requirements for maintaining sustainable development. The MoU aims to exchange seismic information around the clock to contribute in ...

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Daemaar opens doors to its first retail store in Abu Dhabi

ABU DHABI / Emirates Business Daemaar Group opened doors to its first retail store UPIM (Unico Prezzo Italiano Milano) at Khalidiya Mall, Abu Dhabi marking its entry into the retail sector. UPIM is a famous Italian value brand known for its unique prices with Italian quality which deals in Mens, Womens & Childrens fashion wear. The new Fashion store which ...

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Etisalat’s ‘Hello Business Hub’ to strengthen SMBs, startups

Dubai / Emirates Business Etisalat announced the launch of the ‘Hello Business Hub’, aimed at assisting Small and Medium Businesses (SMBs) to give them the flexibility and ease the process of setting up a business to kick-start their operations in the UAE, as well as services tailored for SMBs beyond telecommunications services, all under one roof. Etisalat’s newly launched Hello ...

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VP, WTO chief discuss global trade, economic situation

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, on Tuesday received Roberto Azevedo, Director-General of the World Trade Organisation (WTO), who is participating at the World Government Summit (WGS 2018). During the meeting, Sheikh Mohammed and Azevedo discussed a number of topics related to global trade ...

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Mohamed, Lemierre discuss ways to develop investment cooperation

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, has received Jean Lemierre, Chairman of the Board of Directors of BNP Paribas, a French international banking group, which recently opened a branch in the Abu Dhabi Global Market (ADGM). During the meeting, Sheikh ...

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Sheikh Mohammed praises UNESCO’s constructive role

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, met Audrey Azoulay, Director-General of the United Nations Educational, Scientific and Cultural Organisation (UNESCO), on the sidelines of the WGS 2018. HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai ...

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Al Ahli secures $340mn funding for mall expansion

Dubai / Emirates Business Seeking to redefine the value shopping space in the UAE retail arena, Al Ahli Holding Group announced a significant development in the Dubai Outlet Mall expansion on Tuesday. Dubai Outlet Mall secured an Islamic club financing facility worth AED 1.25 billion ($340 million) for the expansion and general corporate purposes. Dubai Outlet Mall is part of the ...

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News agencies sign declaration on promoting WGS themes

Dubai / WAM Sixteen news agencies, including the Emirates News Agency, (WAM), signed a declaration agreeing to work to raise awareness of the importance of the main themes of the World Government Summit and of the need to promote global understanding. Signatories included representatives of the following news agencies- Saudi Press Agency, (SPA); Middle East News Agency, (MENA); Indo-Asian news ...

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