News

  Dubai / WAM Dubai Gold and Commodities Exchange (DGCX) recorded a growth of 36% over 2015. In 2016, the Exchange reached its highest annual volume traded with an aggregate of 19.7 million contracts, valued at US$439.5 billion. The year 2016 saw substantial global volatility triggered by a series of notable events; Brexit- leading to increased volumes in the Euro and ...

  Dubai / Emirates Business Emaar Hospitality Group, the hospitality and leisure subsidiary of Emaar Properties PJSC, is now the world’s first hotel chain to secure the ISO 28000: 2007 certification from British Standards Institute (BSI) for its Security Management System. Following an intense review of the security supply chain management system, BSI awarded the prestigious certification, valid for three ...

  Abu Dhabi / Emirates Business Abu Dhabi enjoyed an extremely busy New Year’s period with the emirate’s diverse programme of multiple leisure activities, hotel and dining promotions, music concerts, cultural festivals and entertainment events that were held during December, proving extremely popular with both residents and visitors. As 2016 came to an end, and the emirate welcoming in the ...

  Dubai / Emirates Business du partners with NMC Healthcare in UAE to implement Electronic Health Records (EHR) with the use of Blockchain Technology. This innovative pilot from du demonstrated the application of this technology in the health sector that will benefit the residents and the city itself. This is an initiative from du, being a member of The Global ...

  Dubai / Emirates Business As the UAE officially marks 2017 as ‘The Year of Giving’, The Mohammed Bin Rashid Global Centre for Endowment Consultancy (MBRGCEC) and the Emirates Wildlife Society in association with WWF (EWS-WWF) – part of the world’s leading conservation organization – start off the year with the launch of a first-of-its-kind initiative to support environment through ...

  Dubai / Emirates Business Emirates-based shipyard, Gulf Craft, was recognized for its exceptional customer service and business leading efforts at the prestigious MENAA Awards. The distinguished accolades, which were distributed at the Burj Al Arab, celebrate organizational best practice in leadership and customer service across the Middle East, North Africa, and Asia. The fourth edition of the MENAA Awards ...

  Dubai / Emirates Business Dubai Trade, the single window for cross-border trade and a DP World company, celebrated the graduation of more than 270 trainees in its certified training programmes. The Certified Trade & Logistics Professional (CTLP) programme available in English and Arabic is offered to professionals working in different sectors in the trade and supply chain such as ...

  Bloomberg Energy companies in the Middle East reduced their borrowing by 26 percent in 2016 as an increase in oil prices late in the year provided revenue needed for exploration and production. Bonds and loans issued by energy producers in the six-nation Gulf Cooperation Council declined 26 percent to $17.5 billion from a record $23.7 billion in 2015, data ...

  Bloomberg Iran qualified 29 international oil companies to bid in upcoming tenders for crude and natural gas development projects as the Persian Gulf state seeks investment in energy. China National Petroleum Corp., Royal Dutch Shell Plc and Total SA are among the companies that will be invited to bid in tenders, according to a list published on the website ...

  Bloomberg Singapore’s economic growth quickened to the fastest pace in more than three years last quarter as manufacturing and services rebounded. Gross domestic product rose an annualized 9.1 percent in the three months to December from the previous quarter, when it declined a revised 1.9 percent, the trade ministry said in a statement on Tuesday. The median estimate of ...