News

UAE, China sign landmark cooperation agreement

  Dubai / Emirates Business Trade ties between the UAE and China received a significant boost today with the signing of a landmark cooperation agreement between two of the countries’ key commercial courts. The Shanghai High People’s Court, the foremost business court in the commercial and financial centre of mainland China, and the DIFC Courts have agreed to work together ...

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Tabreed’s net profit surges to AED 269mn

  Abu Dhabi / Emirates Business National Central Cooling Company PJSC (‘Tabreed’), the leading UAE-based district cooling utility infrastructure company, on Thursday released its 2016 third quarter consolidated financial results. Tabreed continues its strong performance, connecting more than 30,000 Refrigeration Tons (RT) to customers in key markets across the GCC, including the Dubai Parks and Resorts, which enabled it to ...

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Xpress Money brings Christmas cheer to Filipino customers

  Dubai / Emirates Business Xpress Money launched a special Christmas promotion ‘Pamaskong Handog ng Xpress Money’ for its Filipino customers. Beneficiaries of OFWs (Overseas Filipino workers) receiving money from UAE, Qatar & KSA stand a chance to win cash prizes of PHP 5,000 and grand prizes of PHP 50,000. In total, 100 beneficiaries will win PHP 5,000 each and ...

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Digital SMEs dominate Gulf Capital SME awards

  DUBAI / Emirates Business Digital and online businesses have made a splash at this year’s Gulf Capital SME Awards after the list of 2016 winners was revealed by awards organiser MEED. MEED revealed the names of the UAE’s 12 small and medium sized businesses of the year at the Gulf Capital SME Awards 2016 ceremony, held recently at the ...

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ATDD team returns with new strategies to attract German travellers

  Ajman / Emirates Business The Ajman Tourism Development Department (ATDD) delegation returned from a successful four-day trip to Germany with new information and strategies to best attract German travellers into the Emirate. The delegation met ten of the top tour operators in Germany who all expressed positive interests and encouraged the stakeholders to increase the activities and attractions that ...

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Etihad, Jet expand India–UAE services

  Abu Dhabi / Emirates Business Etihad Airways on Thursday announced the expansion of scheduled services between Abu Dhabi and India as strategic partner Jet Airways unveiled new routes and additional frequencies to further strengthen their partnership in one of the world’s fastest growing aviation markets. From early 2017, the two airlines will expand their services between the United Arab ...

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Dubai Chamber hosts ‘road safety’ seminar

  Dubai / Emirates Business As part of their ‘Be Responsible — Drive Safe’ campaign launched in 2014, the Dubai Chamber Sustainability Network in partnership with RTA and Roadsafetyuae.com, conducted a Road Safety seminar ‘The Role of Leadership in Fleet Safety Management’ at the Chamber premises. The seminar, organised by Dubai Chamber’s Centre for Responsible Business’s Sustainability Network Road Safety ...

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SIBF’s professional plan to attract 350 global publishers, literary experts

  Sharjah / Emirates Business The Sharjah Book Authority (SBA) announced the completion of its preparations for the sixth edition of the Professional Programme, to be held as part of the Sharjah International Book Fair (SIBF). Taking place at the Sharjah Chamber of Commerce and Industry from October 30 to November 1, this key event in the international publishing calendar ...

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RAK lifestyle lures AED1bn investment

  Ras Al Khaimah / Emirates Business Its multicultural community is a hallmark of the popular Al Hamra Village neighbourhood in Ras Al Khaimah, as leading market developer Al Hamra Real Estate Development reveals in its latest investor nationality statistics for its flagship community. According to Barry Ebrahimy, Head of Commercial for the company, the established community welcomed investors from ...

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British economy goes up defying recession fears

  Bloomberg The UK economy slowed less than economists forecast in the quarter after the Brexit vote because of a surge in services, providing ammunition for critics of those who warned of a possible fallout before the referendum. The 0.5 percent expansion was better than the 0.3 percent median forecast of economists in a Bloomberg survey. Services surged 0.8 percent, ...

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