News

10 years of green innovation

  Abu Dhabi / WAM On Thursday, Masdar employees and alumni gathered in Masdar City to mark ten years of achievement in advancing the clean energy industry in Abu Dhabi and around the world. Under the banner “Seizing the Next Decade,” participants were invited to reflect on Masdar’s significant and widespread impact to date and the promise of the next ten ...

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Sharjah Public Finance Award established

  Sharjah / WAM HH Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, issued an Emiri Decree No. 31 for the year 2016 on the establishment of the Sharjah Public Finance Award. Under Article 2 of this Decree, a periodic award shall be set up in the emirate called the Sharjah Public Finance Award, which ...

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S&P rates TAQA’s credit rating as stable

  Dubai / WAM Abu Dhabi National Energy Company PJSC (TAQA), on Thursday announced that Standard & Poor’s Ratings Services (S&P) has affirmed TAQA’s credit rating at ‘A’ (outlook stable). “We are pleased that S&P affirmed TAQA’s investment-grade credit rating,” said Grant Gillon, TAQA CFO. “The rating demonstrates that we have a strong credit story and speaks of the progress TAQA ...

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New appointments in GAC management team

  Dubai / Emirates Business Global shipping, logistics and marine service provider GAC has announced two new appointments within its Group Management team. HÃ¥kan Wester takes on the new role of Group Vice President – Strategy & Planning, and is charged with coordination and supporting the implementation of GAC strategy throughout the Group’s operations in more than 50 countries around ...

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Dubai Tourism opens up holiday home regulations

Dubai / Emirates Business Dubai’s Department of Tourism & Commerce Marketing (Dubai Tourism) has updated its regulations surrounding holiday homes to become more competitive, with the most significant amendments positively impacting individual owners and better enhancing the emirate’s holiday home segment through greater transparency, safety, standardisation and competitiveness. Under the new resolution, private home owners can apply for a holiday ...

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EPAA honours Sharjah Sustainability Award winners

  Sharjah / Emirates Business Under the patronage of His Highness Sheikh Dr Sultan bin Muhammad Al Qasimi, Member of the UAE Supreme Council and Ruler of Sharjah, the Environment and Protected Areas Authority in Sharjah (EPAA) honoured the winners of the 4th Sharjah Sustainability Award 2016. The award ceremony was held at the Sharjah Cultural Palace, on Thursday, and ...

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Umm Al Quwain, Sobha ink JV on resort

  Umm Al Quwain / Emirates Business The Government of Umm Al Quwain and Sobha Group, a leading luxury real estate developer, announced the launch of “Firdous Sobha”, an integrated world-class resort and residential island development in Umm Al Quwain. Aimed at setting new heights in destination living, the agreement will see the two parties collaborate to develop an island ...

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Tabreed posts AED63mn profit in Q1

  Sunaina Rana / Emirates Business Abu Dhabi-based National Central Cooling Company, Tabreed announced an increase in its 2016 first quarter results. Tabreed has witnessed a robust growth of 4 percent and posted AED63 million in their quarterly financial results. Considering the financial performance of the company, it seems to continue its drive towards strong and effective operations across the ...

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Mashreq’s ‘Salaam Rewards’ wins 2 awards

  Dubai / Emirates Business Mashreq ‘Salaam Rewards’ Customer Loyalty Program by Mashreq, UAE’s leading financial institution, was awarded two of the top awards for its continued efforts to offer enhanced customer experience; “Best Customer Experience Initiative” award at this year’s MEFTECH Innovation Awards – one of the MENA regions’ largest and most prestigious financial innovation gatherings and “Best Customer ...

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MBRF to strengthen role of knowledge in region

  Dubai / Emirates Business Mohammed Bin Rashid Al Maktoum Foundation (MBRF) – a member of the Mohammed Bin Rashid Global Initiatives – announced the expansion of its knowledge initiatives and projects to consolidate its efforts in the dissemination, transfer and localization of knowledge in the region. The enhanced initiatives were unveiled in line with the announcement of His Highness ...

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