News

DUBAI / Emirates Business Emirates NBD, a leading bank in the Middle East and a front-runner in digital banking solutions, and Dynamics Inc. at the 2018 Consumer Electronics Show (“CES”) announced plans to introduce the first battery-powered, interactive payment cards to the United Arab Emirates in 2018. Wallet Card is the world’s first connected, secure payment card. In recognition of ...

Abu Dhabi / WAM Etihad Aviation Group (EAG) on Tuesday confirmed the appointment of Mark Powers as its new Group Chief Financial Officer (CFO), who will join the Group in January 2018. Powers will be responsible for the finance function across the Abu Dhabi-based group’s five divisions, which comprise UAE national airline Etihad Airways, Etihad Airways Engineering, Etihad Airport Services, ...

Dubai / WAM The Dubai Chamber of Commerce and Industry has announced that it will organise and host the 2nd Global Business Forum (GBF) on Latin America in Dubai on February 27-28, under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai. The two-day forum will be ...

Dubai / WAM The Dubai Islamic Economy Development Centre (DIEDC) has become an observer member of the London-based Responsible Finance and Investment (RFI) Foundation, it has been announced. The step represents the rising stature of Islamic finance among the world’s responsible finance systems. Under the terms of the partnership, the RFI Foundation and DIEDC will collaborate towards the common goal ...

Abu Dhabi / WAM Ways of promoting investment and cooperation in multiple areas, particularly renewable energy and infrastructure, were the crux of a meeting on Tuesday HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation held with Deputy Minister for Foreign Affairs of Turkmenistan Berdyniyaz Myatiyev. The two sides discussed an array of regional and ...

Abu Dhabi / WAM The Abu Dhabi National Oil Company (ADNOC), on Tuesday awarded the two Front End Engineering Design (FEED), contracts for its planned offshore ultra-sour gas mega-project, which consists of the Hail, Ghasha and Dalma fields. Bechtel was awarded the Hail and Ghasha FEED Contract, and TechnipFMC the Dalma FEED Contract. Both are worth many hundreds of millions ...

Dubai / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has said that developing practical approaches to enhancing the happiness of the public is a critical part of realising the vision of the Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al ...

Dubai / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, on Tuesday attended the graduation ceremony of postgraduates with master’s and doctoral degrees, as well as the 25th batch of cadet officers with a Bachelor’s degree in Law and Police Science. The ceremony was attended by HH ...

Dubai / WAM Sheikha Bodour bint Sultan Al Qasimi, Chairperson of the Sharjah Investment and Development Authority (Shurooq) and Chairperson of Sharjah Entrepreneurship Centre (Sheraa), has valued the support of the wise leadership for creative youth, through the Mohammed bin Rashid Award for Young Business Leaders, affirming that the UAE has become a preferred regional and an international destination for ...

Dubai / WAM Majid Al Futtaim-the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia on Tuesday opened My City Centre Al Dhait to meet the everyday dining, lifestyle and retail needs of Ras Al Khaimah’s fastest-growing communities. Today’s inauguration marks Majid Al Futtaim’s first investment in a community and convenience focused retail and ...