News

VIENTIANE / WAM Khaled Ibrahim Abdul Aziz Shuhail, UAE Non-Resident Ambassador to Laos, has met with Khemmani Pholsena, the Laotian Minister of Industry and Commerce, within the framework of joint cooperation and continuous coordination aimed at developing bilateral relations between the two countries. During the meeting, they discussed the development of bilateral relations and ways of boosting trade and investment ...

DUBAI / WAM Nakheel announced a net profit of AED5.67 billion for 2017, up 14 percent on 2016. Nakheel generated a net profit of AED1.67 billion in Q4 2017, an increase of 58 percent on the same period in 2016. The 2017 results highlight the stability and maturity of Dubai’s real estate sector and reflect the robust business and economic ...

DUBAI / WAM UAE Innovation Month, the largest national initiative to celebrate innovative and creative thinkers, kicks off on Thursday, February 1. Under the directives of the Vice President and Prime Minister of the UAE and Ruler of Dubai, HH Sheikh Mohammed bin Rashid Al Maktoum, the month-long event covers all Emirates and regions of the country, focussing on a ...

ABU DHABI / WAM Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State and Adnoc Group CEO, held a series of meetings with government and corporate leaders in Beijing, focussed on strengthening the strategic relationship between the UAE and China and deepening partnerships between Adnoc and China’s energy, chemical, technology sectors. Dr Al Jaber met with Wang Yi, Minister ...

DUBAI / Emirates Business Dubai Chamber of Commerce and Industry and Google will officially launch the ‘Get Dubai Businesses Online’ programme on February 5, which will set new targets to increase the online exposure of Dubai’s business community. Hamad Buamim, President and CEO of Dubai Chamber, said, “We are very pleased with the results of the successful pilot programme and ...

ABU DHABI / WAM National Central Cooling Company (Tabreed) released its audited 2017 financial results. The company ended the year with a robust performance, adding 43,900 RT to its cooling capacity across the GCC in 2017. Tabreed posted 9% percent higher net profit, reaching AED400.1 million. Based on the strong results, Tabreed’s Board of Directors recommended increasing cash dividends for ...

Dubai / Emirates Business Malabar Gold & Diamonds, one of the BIG 5 jewellery retailers globally launched a special collection of diamond and 18K gold jewellery named ‘Heart to Heart’ to celebrate the season of love. ‘Heart to Heart’ jewellery collection showcases the exclusive heart shaped jewellery which symbolizes the best way to express your love. As the demand for ...

Dubai / Emirates Business Data has become the biggest commodity in this age of digital transformation and securing this data has become paramount importance for everyone whether it’s an individual user, corporate or even government users. The loss of sensitive data and information can have long lasting ramifications leading to significant financial losses, penalties and reputational damage. The Data Privacy ...

Dubai / WAM Dubai Electricity and Water Authority (DEWA), achieved a world record in the Sustainability Culture Indicator achieving 88.8% in 2017, which exceeds the global average of 62% achieved by the international participating entities during the same year. The Sustainability Culture Indicator is conducted annually by organisations to measure their ability to instil a culture of sustainability among the ...

DUBAI / Emirates Business Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) has collaborated with two digital tour apps to launch two new free Dubai tours that will help visitors discover and learn more about significant and historic sites and landmarks in the city. The tours, titled ‘Metro Moments’ and ‘Al Fahidi Architecture Tour’, are available to download for ...