News

  Dubai / Emirates Business Amlak Finance PJSC, a leading specialized real estate financier in the Middle East, announced its financial results for first quarter ended March 31. The company’s net group profits were reported at AED 123 million. Amlak’s Total Revenue reached AED 363 million in Q1 2016 compared to AED 104 million in Q1 last year. The strong ...

  Dubai / WAM Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority, RTA, chaired a meeting of an RTA Senior Leadership Team comprising CEOs, Directors and Deputy Directors. The meeting discussed future trends of innovation and how to shape them. Al Tayer began the meeting by stressing the importance of preparing, ...

  ABU DHABI / Emirates Business Classes at International Indian School – Abu Dhabi, an educational institution which has come up recently, will begin on May 15. Located in Baniyas West, the co-educational, independent all-through school will follow the CBSE curriculum. Admission to KG-1, KG-2 and Grades 1 to 8 is in progress, said the school authorities. The school is ...

  DUBAI / Emirates Business Emirates Green Building Council (EmiratesGBC), an independent forum aimed at conserving the environment by strengthening and promoting green building practices, puts the spotlight on Nearly Zero-Energy Buildings (nZEBs) at a Focus Day organised in partnership with the Dubai Chamber of Commerce & Industry (Dubai Chamber) and the Dubai Supreme Council of Energy. Discussing the definitions ...

  ALKESH SHARMa / Emirates Business While the Middle East has surpassed air traffic growth rate globally, the region is also plagued by the persistent hurdles of rising costs and other challenges in smooth supervision of airspace. However, industry experts vouch that a smart redesigning of airspace in this region could significantly add to the course of cost cuttings and ...

  Sunaina Rana / Emirates Business Featuring customised scalability and unmatched efficiency in the automotive industry, leading business consulting and IT service company ProCons joins hands with Al Jaziri Motors to implement digitalisation across all its showrooms, including the World’s biggest Lamborghini Showroom in Dubai. The automobile industry has been moving towards the new means of industrialization, with digital transformation ...

  Ritika Sharma / Emirates Business Aiming to provide entrepreneurial opportunities for young innovators, various UAE companies are creating platforms to nurture the hidden talent in students by organising international competitions and networking workshops. In one such initiative, Al Bayt Mitwahid, a public benefit association in UAE, partnered with Microsoft on the recently held Imagine Cup 2016, where young innovators ...

  Abu Dhabi / Emirates Business The Telecommunications Regulatory Authority (TRA) has announced that ‘Khadamati,’ the one-stop-shop smart portal for federal entities seeking access to all types of government services, has become the first smart application to be hosted and made available through the UAE’s cloud computing project. Under ‘UAE Smart Cloud’, an initiative being implemented by TRA as part ...

  Emirates Business Ramzi R. Solh, CEO of Commercial Development at King Abdullah Economic City (KAEC), is the latest addition to the line-up for the 2nd annual Vision Conference, Saudi Arabia. The conference is a key feature of The Hotel Show Saudi Arabia in Jeddah, from May 17 – 19, featuring a range of industry experts exploring the Kingdom’s booming ...

  Reuters Saudi state oil company Saudi Aramco wants to expand globally and is looking at potential joint ventures in several countries, including Indonesia, India, the United States, Vietnam and China, chief executive Amin Nasser said. “We are looking at the current market status that, even though challenging, is an excellent opportunity for growth,” he told reporters during a rare ...