News

  Abu Dhabi / Emirates Business Landlords in Abu Dhabi are coming under increasing pressure as tenants look for more affordable rental rates against a backdrop of macroeconomic uncertainty, with large units being the most affected tranche, according to the Abu Dhabi Property Review Q3 2016 report from leading real estate consultancy, Asteco. John Stevens, Managing Director, Asteco, said: “The ...

  Abu Dhabi / Emirates Business HE Eng. Sultan bin Saeed Al Mansoori, UAE Minister of Economy, said that economic relations between the UAE and the Republic of Turkey are undergoing a new phase of cooperation and growth. He noted that the past few months have seen the two governments advancing significantly in collaboratively achieving their common interests. The Minister ...

  Abu Dhabi / WAM Emirates Global Aluminium (EGA) is to supply high quality UAE-made aluminium to BMW for use in the manufacture of some of the German car group’s engines. Although EGA has supplied aluminium to the automotive parts industry for decades, the deal with BMW is the first made directly with a major automotive group. EGA will supply BMW ...

  Dubai / WAM Emirati companies and business talent took the limelight at the 2016 Middle East HR Excellence Awards, the region’s most prestigious celebration of HR and talent development professionals, at the InterContinental Hotel. Cleveland Clinic Abu Dhabi took home the Nationalisation Initiative of the Year award for their efforts in attracting and retaining Emirati talent. “We consider the recruitment ...

  Abu Dhabi / Emirates Business Abu Dhabi Art 2016 will continue to present a variety of offerings to the public at Manarat Al Saadiyat, inspiring visitors with intellectual discussions and live performances as part of a diverse arts programme taking place from November 16-19. Held under the patronage of HH Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of ...

  Abu Dhabi / Emirates Business International Petroleum Investment Company (‘IPIC’ or ‘the Group’), wholly-owned by the Government of the Emirate of Abu Dhabi, recorded an operating profit of US$ 1.43 billion for the first half of 2016, with its core energy investments producing a robust performance despite the lower oil price environment. IPIC, which invests across the energy value ...

  Dubai / Emirates Business As a part of its ongoing commitment to environment, health and safety (EHS), Emirates National Oil Company (ENOC) as a socially responsible organization has taken additional safety measures by installing bollards in front of all facilities across its service station network in UAE to protect customers, staff and assets. In an effort to reduce the ...

  Dubai / Emirates Business In its efforts to continue engaging with customers through various channels, Mashreq, the UAE’s leading financial institution will be engaging with customers and the public through a LIVE Facebook session on November 17 at 6 pm to answer any queries about the property market such as when is a good time to buy and what ...

  Sharjah / Emirates Business Fifty percent of the AED 100 million renovation project, Al Bait Hotel in Sharjah, has been developed, as announced by the Sharjah Investment and Development Authority (Shurooq). The new hotel, which is expected to be a prestigious hospitality and heritage landmark located in the Heart of Sharjah – the largest heritage-focused project in the region, ...

  DUBAI / Emirates Business The digital age has drastically altered how businesses market their products. Thanks to the meteoric rise of digital solutions, marketing has now emerged as a more powerful and a resource-rich function of business. Marketing, now more than ever, is the most integral function responsible for creating and sustaining an enduring relationship with the most important ...