News

  DUBAI / WAM Nasdaq Dubai and Amman Stock Exchange (ASE) signed a Memorandum of Understanding to explore cooperation possibilities, including facilitating a process for dual listings. The MoU calls for cooperation on a range of activities and exchange of information and expertise, including on dual listings for companies on the ASE and Nasdaq Dubai, in addition to establishing a ...

  DUBAI / WAM Nakheel officially opened Al Furjan Pavilion, the latest project in its AED16 billion retail expansion and the fourth in its growing collection of community retail centres. With a development value of AED110 million, Al Furjan Pavilion is the fifth Nakheel Malls project to open this year and brings the company’s 2016 retail project delivery value to ...

  Ajman / WAM Takaful Emarat Insurance is to provide Sharia-compliant life and health insurance to the clients of Ajman Bank under an agreement signed between the two parties. The signing was witnessed by Mohammad Amiri, CEO of Ajman Bank, and Wael Al-Sharif, CEO, Takaful Emarat. Mohamed Amiri said that the agreement entitles bank customers to acquire insurance and banking ...

  Dubai / Emirates Business Dubai SME, the agency of the Department of Economic Development (DED) in Dubai mandated to develop the small and medium enterprise (SME) sector, signed an agreement with the e-procurement solutions provider Tejari to launch a smart services portal for pre-qualification and registration of members participating in the government procurement programme (GPP). The portal, which is ...

  Dubai / Emirates Business HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), received HE José Eugenio Salarich, Ambassador of Spain to the UAE. Salarich led a delegation of the largest Spanish companies. The delegation included Eric Robina, Economic and Commercial Adviser to the Spanish Embassy in the UAE. The visit enhanced relations ...

  Sharjah / WAM Sharjah Chamber of Commerce and Industry (SCCI) reviewed investment opportunities in the emirate with a high-profile economic delegation from China’s Shaanxi Province on Sunday. The delegation consisted of 18 businessmen and was headed by Li Xiaodong , Vice Chairman of the Shaanxi Provincial Committee of the Chinese People’s Political Consultative Conference. The Chinese delegation included first-time-in-Sharjah businessmen who ...

  Dubai / WAM The gastroenterology centre of the Rashid Hospital, part of Dubai Health Authority (DHA) has received international certification for treatment of gastroenterological diseases, from KPMG UK. KPMG UK carried out a study to help understand how to deliver good inflammatory bowel disease (IBD) care for patients and how to help improve care delivery across healthcare systems. A team ...

  Dubai / Emirates Business Dubai Culture & Arts Authority (Dubai Culture), the Emirate’s dedicated entity for culture, arts and heritage, signed a Memorandum of Understanding (MoU) with the Arabic Language Protection Society — a non-profit association which operates in the United Arab Emirates. The MoU is intended to work towards instilling pride in the Arabic Language as the language ...

  Dubai / Emirates Business Professional Communication Corporation – Nedaa, a government corporation specializing in the deployment of wireless communications technologies for Dubai, announced that it has forged a strategic partnership with Finnish multinational ICT giant Nokia to establish an Innovation and Creativity Lab in Dubai. The pioneering technology incubator will support ongoing efforts to transform Dubai into a ‘Smart ...

  Dubai / Emirates Business The Sustainable City — the Middle East’s first operational sustainable development located in Dubai — received the ‘Best Residential Development Arabia’ and ‘Best Residential Property Arabia’ in the Middle East during the world-renowned International Property Awards 2016. The prestigious accolade was presented during a gala dinner and winners’ ceremony held at The Savoy, London. This ...