News

Dubai / WAM Sharjah Asset Management (SAM), the official investment arm of the Sharjah Government, and Knight Frank, internationally renowned real estate consultants, are co-hosting a sales event for Al Saja’a Industrial Oasis, ASIO, on May 23 at the Sheraton Sharjah Beach Resort and Spa. They will discuss the industrial investment sector in the UAE and highlight how Sharjah acts ...

Dubai / Emirates Business Dubai International Financial Centre (DIFC), the leading financial hub in the $7.4 trillion Middle East, Africa and South Asia (MEASA), reinforced its position as the largest fund regime in the region at an event which highlighted how property funds and Real Estate Investment Trusts (REITs) are becoming increasingly popular and opening up significant investment opportunities in ...

Dubai / WAM The UAE is joining the world in celebrating World Biodiversity Day, marked annually on May 22, with this year’s celebration coming under the theme of “Biodiversity and Sustainable Tourism”. Marking the day tomorrow, Muna Omran Majed Al Shamsi, Acting Director, Biodiversity Department at Ministry of Climate Change and Environment, said that biodiversity is the foundation of life ...

RIYADH / WAM The GCC-US Summit began on Sunday in Riyadh, Saudi Arabia, with the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud of Saudi Arabia, welcoming GCC leaders and US President Donald Trump. His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, ...

Dubai / Emirates Business Dubai-based company to provide integrated FM services for branches of Emirates Post Group (EPG) throughout the UAE Imdaad, the GCC’s leading integrated facilities management (FM) company, based in Dubai, signed AED6 million deal with EPG. The one-year contract, with the option to extend by another two years, will see Imdaad deliver specialized integrated FM services in EPG’s ...

Dubai / WAM Five new global companies have signed up to be part of Jafza’s Tumoohi (my ambition) programme that provides UAE nationals with work experience and employment opportunities. DP World Group Chairman and CEO Sultan Ahmed bin Sulayem signed a series of agreements with Michelin, Danube Group, Transworld Logistics, Conares and Al Dobowi recently bringing the total number of ...

Dubai / Emirates Business Lieutenant General Dahi Khalfan Tamim, Head of Security for Dubai on Sunday opened the 4th Gulf Information Security Expo and Conference (GISEC) – the Middle East’s largest cybersecurity event – which is running concurrently with the Internet of Things Expo (IoTx) 2017 at Dubai World Trade Centre (DWTC) from May 21-23. The three-day GISEC event has ...

Dubai / Emirates Business Dubai Police has welcomed a new member on to its force. He doesn’t need a visa, medical insurance or hours of training, and he is ready to engage with Dubai’s residents and millions of tourists across the city’s streets. The world’s first operational robot policeman, officially joined the line of duty on Sunday, greeting guests at ...

AJMAN / Emirates Business In line with its global outreach strategy to secure new investments, Ajman Free Zone on Sunday announced that it has opened a representative office in Cyprus and has also entered into an alliance with Freemont Group, a business and corporate consultancy with offices in both Nicosia and the UAE. In a statement, the free zone said ...

Bloomberg BHP Billiton Ltd. is considering further sales of its US shale gas assets as it fends off the second round of attack from activist hedge fund Elliott Management Corp. over the future of the energy business within the world’s biggest mining company. “If there is a natural owner out there who believes more upside can be achieved within this ...