News

  Sharjah / WAM A panel discussion to explore the strategic relationship between the UAE and India will be the highlight of this year’s Sharjah Foreign Direct Investment Forum (Sharjah FDI Forum 2016), on September 28-29, at the Sheraton Sharjah Beach Resort & Spa. Themed ‘Growing Trade Links between India and the UAE,’ the activity will form a central plank of ...

  Dubai / Emirates Business Further to the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, in boosting the status of the country as the Global Capital for Islamic Economy, the secretary-general office of the International Halal Accreditation Forum (IHAF) has started the groundwork in solidifying ...

  Dubai / Emirates Business Azizi Developments, a leading UAE-based real estate developer with a reach into multiple international markets, has announced its plans for its newest project, Azizi Shaista Residence—a modern, urban-luxury development located in the bustling and highly-accessible Al Furjan neighbourhood in Dubai. The property adds to Azizi Developments’ already impressive portfolio, with the developer currently involved in ...

  Abu Dhabi / WAM The Executive Committee of the Executive Council, headed by Saeed Eid Al Ghafli, Chairman of the Executive Office, has approved during its meeting a number of development and service projects in the Emirate of Abu Dhabi at cost of AED700 million. The committee approved awarding the project to develop the traditional market to contractors based on ...

  Dubai / Emirates Business Reflecting its commitment towards innovative financial solutions, Mashreq’s contactless sticker solution Tap n Go can be used to make payments without carrying physical cards. Tap n Go can be used by all Mashreq Credit Card customers and it reduces transaction time from 45 seconds to less than 8 seconds. Leading financial institution, Mashreq has announced ...

  New York / WAM The Sharjah Business Women Council (SBWC) an affiliate of the NAMA Women Advancement Establishmen, NAMA, was one of the participants at the CGI 2016 Annual Meeting held from September 19-21 at the Sheraton Hotel and Towers in New York. Ameera BinKaram, Deputy Chairperson of NAMA and Chairperson of SBWC, highlighted efforts and initiatives undertaken by the ...

  Abu Dhabi / Emirates Business ADNOC Distribution on Wednesday opened the Al Marfaa Marine service station in the Western Region of Abu Dhabi as part of its sustained commitment to expanding its service station network to meet the ongoing population growth and urbanisation of the UAE. The inauguration of the new station was attended by Amer Mohd. Zayed Almansouri, ...

  Dubai / Emirates Business SMEs are a crucial component for sustainable economic growth in the GCC post the oil price decline but need to overcome key challenges to succeed. The finding comes from the latest research by Bloovo.com on the role SMEs play in catalysing economic success across the region. With a USD 275 billion export shortfall due to ...

  Manila / AFP President Rodrigo Duterte’s deadly war on crime is threatening the Philippines’ economy and endangering its democratic institutions, international credit rating agency Standard and Poor’s warned on Wednesday. S&P maintained its stable outlook for the Philippines, but highlighted a range of “weaknesses” under the new Duterte administration that also included his foreign policy and national security statements. ...

  Bloomberg India is considering expanding the basket of steel products that attracts an anti-dumping tax to stem inflows of cheaper supplies into the world’s third-biggest producer. The steel ministry is likely to levy anti-dumping taxes on some of the 66 products that are currently covered by the minimum import price rule before it expires on Oct. 4, Steel Secretary ...