News

  Dubai / Emirates Business Hussain Al Qemzi, CEO, Noor Bank, one of the fastest growing Islamic banks in the region, on Wednesday rang the market-opening bell to celebrate the listing of Noor Bank’s USD 500 million debut Tier 1 Sukuk on Nasdaq Dubai. It was the 11th Sukuk listing in Dubai this year, as well as the first perpetual ...

  DUBAI / Emirates Business Dubai Chamber Sustainability Network in partnership with Dulsco organised the ‘Open Source Circular Economy’ Days. Dubai is the only city in the region to be part of ‘OSCE Days’ among 70 other global cities. Industry experts from Dubai shared best practices with regard to efficiently recycling resources, collaborating with peers and thereby creating a new ...

    RITIKA SHARMA / Emirates Business The recent partnership of Neon Energy — a leading global provider of green energy solutions — and Dubai-based Al Fajer Group is successfully providing affordable integrated solutions in the renewable energy and energy efficiency sectors, the company CEO affirms. According to the top executive, this partnership is expected to make huge contributions in ...

  DUBAI / Emirates Business UAE-based LiFi Company, Zero.1 is in the final development stages for HEALTHCARE4U, a revolutionary management system for the healthcare sector. The UAE healthcare market is projected to reach $19.5 billion (Dh71.56 billion) by 2020, achieving an annual average growth of 12.7 per cent, marginally higher than the GCC growth average. Light Fidelity (LiFi) is a ...

  Emirates Business UAE-headquartered hospitality company, TIME Hotels Management, has added another environmental accolade to its achievements with the announcement of its first Green Key status for all hotels and hotel apartments across the hospitality groups’ portfolio. A leading international standard of excellence in the field of environmental responsibility and sustainable operation within the tourism industry, the Green Key award ...

  DUBAI / Emirates Business Emirates NBD, a leading banking Group in the region, announced the winners of the 2016 GEMS Citizens of Tomorrow Innovation Competition, an initiative undertaken as part of Emirates NBD Group’s External Innovation program, in partnership with Emirates Islamic. Three winning teams received gift vouchers worth AED 5,000, AED 3,000 and AED 2,000 for first, second ...

  Ritika Sharma / Emirates Business Driven by demand, spa and wellness industry in the region is poised for a double digit growth in next two years, experts say. Coming years are expected to see a considerable rise of 19 percent in the region as far as the number of wellness brands or spas are concerned. UAE alone is expecting ...

  Ritika Sharma / Emirates business Medical Technology (MedTech) industry in the Middle East and North Africa region, which employs more than 140,000 people, is preparing for a strong growth in coming years. The MedTech market which includes developers and suppliers of medical devices and diagnostics is presently worth over $7 billion and is expected to reach the mark of ...

  Dubai / Emirates Business ENOC Global Marine, a specialised business division of Emirates National Oil Company (ENOC), is set to expand its international footprint through a shipping agreement with Dubai Trading Agency (DTA). The partnership enables DTA to be a key distributor of ENOC’s marine lubricants portfolio in both local and global markets. Along with having rights to distributing ...

  Sharjah / Emirates Business The first step towards the establishment of an Emirates Librarians’ Association has been taken with an inaugural meeting held to discuss it in detail. Held at Sharjah Public Library, the meeting followed the call made by Sharjah Book Authority (SBA) in April for setting up of a dedicated librarians’ organisation to promote high quality UAE ...