News

  Emirates Business Coface, the worldwide leader in credit insurance, has obtained a new company licence from the Dubai Financial Services Authority (DFSA) to offer insurance management and intermediation services in the Dubai International Financial Centre (DIFC), strengthening its presence in the UAE through insurance services. For nearly 70 years, Coface has been helping companies sustain wealth creation worldwide. The ...

  ABU DHABI / Emirates Business DarkMatter, an international cyber security firm headquartered in the UAE, announces its participation as the Cyber Security Innovation Partner of GITEX Technology Week 2016. The technology exhibition and conference, which is the largest annual ICT gathering in the Middle East, is taking place from 16 – 20 October, 2016 at the Dubai World Trade ...

  DUBAI / WAM The Dubai Electricity and Water Authority (DEWA) has won two CFI.co 2016 awards with Saeed Mohammed Al Tayer, MD & CEO of DEWA, winning the Outstanding Contribution to Local Employment – GCC 2016, and DEWA winning Best In-house Corporate Finance Team – GCC 2016. Al Tayer won the award for his role in achieving the objectives ...

  Sharjah / Emirates Business Organisers of the forthcoming Sharjah FDI Forum 2016, held under the generous patronage of His Highness Sheikh Dr. Sultan bin Mohammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, and hosted by the Sharjah Investment and Development Authority (Shurooq) in collaboration with Financial Times and fDi magazine, have highlighted the importance of ...

  Sharjah / Emirates Business Red Hat, Inc. (NYSE: RHT), the world’s leading provider of open source solutions, today announced that it is accepting nominations for the 2017 Red Hat Innovation Awards. Since 2007, the Red Hat Innovation Awards have recognized Red Hat’s global customers and partners for the transformative projects and outstanding results they have experienced with Red Hat’s ...

  MOHSIN SHAH / SPECIAL TO EMIRATES BUSINESS The explosion of smartphones and tablets is transforming the way we communicate, work and manage our personal lives. We stay connected everywhere, and collaborate on the go at every opportunity we get. We need the ability to access business applications at the highest speeds and quality possible – regardless of where we ...

  TEHRAN / AP Iran’s powerful Revolutionary Guard on Tuesday unveiled a new high-speed vessel the force says is capable of carrying a helicopter and up to 100 people, Iranian state TV reported. The report follows a series of close encounters between American warships and Guard vessels in the Persian Gulf. The TV showed a catamaran-type ship described as 55 ...

  Bloomberg Samsung Electronics Co. blamed a minor battery manufacturing flaw for prompting a global recall of its Galaxy Note 7 smartphones and is seeking more time to investigate the cause behind its deepest crisis in years. The Korean company outlined the preliminary findings in a report to the country’s technology standards agency that hasn’t previously been released. Initial conclusions ...

  Bloomberg Ikea Group laid out plans to accelerate its expansion in China and open its first store in India as the world’s largest furniture retailer seeks to boost sales by almost 50 percent over the next four years. In China, where the company opened its first store almost two decades ago, sustained growth will enable an accelerated pace of ...

  Bloomberg Billionaire Robert Kuok is seeking a buyer for Golden Screen Cinemas Sdn., Malaysia’s largest movie theater chain, in a deal that could fetch as much as $500 million, people with knowledge of the matter said. PPB Group Bhd., a Kuala Lumpur-listed company controlled by the Malaysian tycoon, has received first-round bids for the cinema business, according to one ...