News

  Dubai / WAM The Giving Retreat was held on Wednesday under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The retreat included the largest brainstorm of its kind in the UAE, bringing together over 100 experts, stakeholders, officials and humanitarian workers in an interactive dialogue ...

  Dubai / WAM Nakheel announced on Wednesday its highest annual net profits in the company’s history: AED4.96 billion in 2016 – a 13 per cent increase on the 2015 net profit of AED4.38 billion. Nakheel generated a net profit of AED955 million for the last quarter of 2016 – up 22 per cent on the AED781 million posted for the ...

  Abu Dhabi / WAM The Ministry of Finance (MoF) announced that it received certification for the PAS 99:2012 Integrated Management System, including ISO 20000, ISO 27001, and ISO 22301. Commenting on the announcement, Musabah Mohammed Al Suwaidi, Assistant Under-Secretary for Support Services Sector at MoF, said, “This achievement falls in line with the ministry’s continuous commitment to adopt the best ...

  Sharjah / Emirates Business The seventh annual Sharjah Light Festival (SLF) kicks off yesterday in University City Hall in Sharjah City, and will go on for 10 days from February 2 to 11, covering 14 locations across the emirate. Initiated, managed, and produced by the Sharjah Commerce and Tourism Development Authority (SCTDA) – under the patronage and in the ...

  Dubai / Emirates Business Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, received four remarkable awards at two prestigious events this month, appraising its distinctive practices of delivering exceptional customer experience. The bank collected three awards at the 2016 Service Olympian Awards, including ‘Best Customer Experience Strategy’, Best Customer Experience Improvement Program – Call Center and ...

  DUBAI / Emirates Business The Ministry of Health and Prevention has recently signed an Agreement with Boehringer Company Middle East and North Africa, to strengthen collaboration towards reducing the rate of illnesses and deaths resulting from strokes and heart attacks. This was done in conjunction with Arab Health 2017, which is currently taking place at the World Trade Dubai ...

  Ajman / Emirates Business Reiterating their commitment towards providing seamless consumer experiences ranging from state-of-art pipeline and water treatment solutions to facilitating remote interactions with its customers, Ajman Sewerage Private Company Limited (ASPCL) announced strong growth in user-base for its brand new Mobile Application and E-Payment website that was launched mid-October last year. This free application has been made ...

  Dubai / Emirates Business Dubai World Trade Centre (DWTC) won a strategic bid to host nine new international congresses at the venue from 2017 – 2021, adding to its already robust calendar of confirmed events over the coming years. Expected to welcome over 24,000 delegates from around the world, these high-profile events are set to deliver a solid economic ...

  Abu Dhabi / emirates business The Abu Dhabi Systems and Information Centre (ADSIC) announced the winners of its Excellence Award 2016 ‘Tamayuz’ – an internal competition for employees, projects, and teams – in a ceremony held at the Centre’s headquarters. The awards ceremony, which was organized recently, was attended by His Excellency Rashed Lahej Al Mansoori, Director General of ...

  Bloomberg President Donald Trump’s energy policies are good for the petroleum industry and Saudi Arabia sees no problem with growth in US oil production as long as it’s in line with demand, Saudi Energy Minister Khalid Al-Falih said. “President Trump has policies which are good for the oil industries,” Al-Falih said in an interview with the BBC. “He has ...