News

  Dubai / Emirates Business Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager has announced townhouses in the Portuguese-inspired community, Casa Dora at Serena in DUBAILAND, will be released soon for sale at the DP sales and customer services centre in Ras Al Khor. Following the success of the first release of townhouses in the ...

  Dubai / Emirates Business Multi-award winning global retail chain Joyalukkas gives patrons more reasons to rejoice with Happy Diamonds. Launched in 2015, Happy Diamonds successfully brought joy to customers with high-quality diamond jewellery at mid-range prices. “Premium jewellery is meant to be enjoyed and does not have to come at premium prices,” says Mr. John Paul Alukkas, Executive Director, ...

  Bassam Samman / Special to Emirates Business Fraud is always a possibility in any type or size of business, more so during times of global economic uncertainty. Projects are particularly susceptible to fraud given the complexity, scope and huge cost of construction and engineering activities. A report on fraud in the construction industry issued by global advisory firm Grant ...

  Emirates Business Crystal Lagoons, the multinational innovation company and developer of the world’s top amenity patented technology that makes giant crystal-clear lagoons a reality, has announced two new project wins in Egypt, bringing its total portfolio of active and under development projects in the Middle East and India to 15. Showcasing a range of projects at this year’s Cityscape ...

  DUBAI / EMIRATES BUSINESS In strategic partnership with the Central Bank of Bahrain, World Islamic Banking Conference (WIBC) 2016 is set to gather over 1,300 leaders onto a single platform to chart new areas of growth, address economic uncertainties, and unlock opportunities available for the global Islamic finance industry. The event will be held at the Gulf Hotel in ...

  Dubai / WAM Foreign investors purchased AED595.3 million worth of shares on the Dubai Financial Market (DFM) and sold AED596.1 million over the week, DFM said on Thursday. Net foreign investment on the market reached AED780,000 as aggregate sale. Value of shares bought by foreigner investors comprised 39.8 per cent of the total value of stocks traded during the ...

  ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has sent a congratulatory cable to President Tabare Ramon Vazquez Rosas of the Republic of Uruguay, on the occasion of his country’s Independence Day. Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, and His Highness Sheikh Mohamed ...

  Abu Dhabi / WAM Ali Ibrahim, Deputy Director General of the Department of Economic Development (DED) inaugurated the second cycle of the ‘Customer Service Week’ organised as part of the Dubai Service Excellence Scheme (DSES) at the Dubai Festival City Mall. Held August 25-27, the Customer Service Week is part of DED’s strategic objective of enhancing service excellence and customer ...

  Abu Dhabi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has sent a cable of condolences to President Sergio Mattarella of the Italian Republic, expressing his sincere condolences and sympathies to victims of the Italy earthquake, which hit the Lazio region and resulted in dozens of deaths and injuries. He also expressed his condolences to the families ...

  Dubai / WAM The Department of Oil Affairs of the Government of Dubai has announced that it has notified customers that the official price of Dubai crude oil to be delivered in November will be US$0.15 less than the average daily settlement price of the Oman Crude Oil Financial Contract in Dubai Mercantile Exchange for contracts being traded during the ...