News

  AL AIN / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister and Ruler of Dubai, attended the Prince Agha Khan Award for Engineering and Architecture ceremony, which was held on Sunday evening, at the Jahili Fort in Al Ain. The ceremony was also attended by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, ...

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on behalf of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, on Sunday opened the 2nd ordinary session of the 16th Legislative chapter of the Federal National Council at the council’s headquarters. In his opening remarks, ...

  Dubai / Emirates Business Emaar Malls (DFM: EMAARMALLS), the shopping malls and retail business majority-owned by global property developer Emaar Properties, recorded a net profit of AED1.42 billion during the first nine months (January to September) of 2016, an increase of 16 percent over the same period last year at AED1.22 billion. The total revenue for the first nine ...

  Abu Dhabi / WAM The UAE seeks to expand economic relations and trade with Hong Kong, even as it remains the Chinese island’s largest trade partner in the region, Under-Secretary for Foreign Trade and Industry Affairs at the UAE Ministry of Economy Abdullah Al Saleh said during a recent event in Dubai. The volume of non-oil trade with Hong Kong ...

  Abu Dhabi / Emirates Business The UAE has successfully participated in the 1st EU-Arab World Summit, which was held from November 3-4 in Athens, Greece. The pioneering summit saw the discussion of a series of sessions focused on how to reach a common vision on regional and international developments, while also looking towards the promotion of economic cooperation in ...

  Abu Dhabi / WAM The 2016 Investcorp Investors Conference will take place in Abu Dhabi from November 9-10 at Jumeirah at Etihad Towers Hotel, under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the Bahrain-based global provider and manager of alternative investment products ...

  Abu Dhabi / WAM More than 2,000 exhibiting companies, 25 country pavilions, 700 speakers, 8,500 delegates, and 100,000 trade professionals from more than 125 countries, are participating in the 19th Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC 2016), which begins at the Abu Dhabi National Exhibition Centre today. Held under the patronage of President His Highness Sheikh Khalifa bin ...

  Dubai / Emirates Business With an aim to provide customers with affordable access to green products, Dubai Green Economy Partnership (Dubai GEP) signed an agreement with Emirates Islamic to provide easy financing options for individual consumers in Dubai to purchase green products on the Green Deal website. The agreement was signed on the sidelines of the World Green Economy ...

  DUBAI / Emirates Business Dubai International Financial Centre (DIFC), the region’s leading financial hub, connecting business and financial institutions with emerging market opportunities across the Middle, East, Africa and South Asia (MEASA), has become home to the first Equity Crowdfunding platform in the region, Eureeca. It is the first multi-regulated global Equity Crowdfunding platform, has over 12,000 investors from ...

  DUBAI / Emirates Business Emirates NBD, a leading bank in the region, on Sunday announced that its Wholesale Banking unit has introduced a postdated cheque facility, through smartBUSINESS, its online banking channel. Corporate customers can now scan postdated cheques through ‘ICCS Collect’, the flagship collections offering on smartBUSINESS and digitally warehouse these images until the date of clearance. ICCS ...