News

Bloomberg Shortly after taking over Uber Technologies Inc. in September, Dara Khosrowshahi told employees to brace for a painful six months. US officials are looking into possible bribes, illicit software, questionable pricing schemes and theft of a competitor’s intellectual property. The very attributes that, for years, set the company on a rocket-ship trajectory—a tendency to ignore rules, to compete with ...

Dubai / Emirates Business Al Ghurair Properties, the pioneering real estate developer managing commercial, residential, hospitality and mixed use developments, announces a new wave of projects across Dubai, as part of the company’s vision to uplift the property offering in the city. According to reports from real estate agency, JLL MENA, as a result of Dubai’s improving economy, it is ...

RAS AL KHAIMAH / WAM Expo 2020 Dubai will provide an unprecedented platform that will showcase to the world the achievements of the UAE’s creative development process and its constructive role in contributing to the creation of a better future for all mankind, HH Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah said. ...

Abu Dhabi / WAM The UAE Space Agency has signed a Memorandum of Understanding (MoU), with the Government of the Grand Duchy of Luxembourg, defining a framework for collaboration and the exchange of information and expertise in the fields of space science, research, and technology. The MoU was signed by Dr. Ahmad Belhoul Al Falasi, Minister of State for Higher ...

Ras Al Khaimah / Emirates Business Bank ABC (Arab Banking Corporation (B.S.C.)), First Abu Dhabi Bank PJSC (FAB), and Standard Chartered Bank, acting as the Initial Mandated Lead Arrangers and Bookrunners, successfully closed a debut $350 million 3-year Syndicated Term Loan Facility for The National Bank of Ras Al Khaimah, (RAKBANK). The Facility was signed on October 9 and will ...

Dubai / Emirates Business The Dubai Maritime Cluster Office (DMCO) of the Dubai Maritime City Authority (DMCA) signed Memorandums of Understanding (MoUs) with Germany’s Maritimes Cluster Norddeutschland and Canada’s Vancouver International Maritime Cluster as part of its efforts to develop more strategic partnerships with the world’s leading maritime clusters. The signing ceremony was attended by Hamad Buamim, Director General of ...

Dubai / Emirates Business Cargolux Airlines and Emirates SkyCargo have announced that they will be entering into a codeshare partnership for air cargo transportation. The agreement was signed in Dubai by Nabil Sultan, Emirates Divisional Senior Vice President, Cargo and Richard Forson, President & CEO Cargolux Airlines in the presence of François Bausch, Minister of Sustainable Development and Infrastructure, Luxembourg. ...

Abu Dhabi / WAM HH Sheikh Hamdan bin Zayed Al Nahyan, the Ruler’s Representative in Al Dhafra Region, on Tuesday inaugurated ADNOC’s Central Control Centre on Das Island during a visit to the company’s operations on Zirku and Das islands. During the visit, HH Sheikh Hamdan reiterated that the UAE, under the wise leadership of President His Highness Sheikh Khalifa ...

Dubai / Emirates Business Sales within the UAE’s ICT sector reached $4 billion in 2016, driven by growing demand for products and services within the country’s public and private sectors, new analysis conducted by the Dubai Chamber of Commerce and Industry has revealed. The analysis, based on recent data from Business Monitor International (BMI) and Euromonitor International, was released during ...

Dubai / Emirates Business Alpha Data, the UAE’s leading system integrator and one of the longest-standing IT companies in the country, is demonstrating advanced Enterprise Productivity Solutions powered by Hewlett Packard Enterprise (HPE) at the 37th GITEX Technology Week. The secured enterprise mobility experience delivered by the Citrix Workspace Suite in conjunction with solutions from Hewlett Packard Enterprise and Alpha ...