Dubai / Emirates Business The Department of Economic Development (DED) in Dubai has made eight new additions to the list of business activities licensed in the emirate, bringing the total number of activities to 2,133 from 2,125. The decision follows feedback on local market needs and the demand-supply situation gathered periodically from various industry sectors as part of facilitating ...
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Dubai Courts offers ‘quick transition service’
Dubai / Emirates Business The Dubai Courts has added a new achievement to its portfolio with the launching of its ‘Quick Transition Service,’ a special facility that provides Armed Forces personnel with instant access to legal and judicial services. Available at the Dubai Courts’ headquarters and at Al Barsha Mall branch, the service is in recognition of and gratitude ...
Read More »Smart Dubai’s call centre best in ME
Dubai / Emirates Business The Smart Dubai Government Establishment’s (SDG) call centre was recognised as the ‘Best Government Call Centre in the Middle East’ during the 2016 INSIGHTS Middle East Call Centre Awards held recently on the side lines of the Middle East Call Centre Conference 2016 (MECC’16). INSIGHTS is a leading organization with over 20 years of ...
Read More »Al Noor launches CSR campaign for football lovers
Dubai / Emirates Business The holy month of Ramadan is a special time to embrace the spirit of giving and make a difference in the community. The month is also an ideal time for business leaders to reflect on the importance of corporate philanthropy. Encouraging this very concept of corporate social responsibility, Al Noor Training Centre is back with ...
Read More »Bahrain’s historic homes under threat
Manama / Tribune news service Residents of 1,300 rundown homes in the Muharraq Governorate are refusing to renovate their homes according to heritage specifications and threatening to knock them down themselves. Homes in the historic Muharraq, Hidd and Arad neighbourhoods are under a banned list, which means that the Muharraq Municipality can’t grant their owners permission to bulldoze and ...
Read More »Landmark Saudi bond takes a step forward
Reuters Bankers are expecting to be notified soon about the line up to lead Saudi Arabia’s debut international bond transaction after pitches took place in Riyadh. The Kingdom is likely to hire from the list of banks that underwrote a US$10bn loan in May, which was coordinated by JP Morgan, HSBC and Bank of Tokyo-Mitsubishi, though a number of ...
Read More »Iran snaps up its first sugar purchases
Reuters Importers in Iran have bought at least 250,000 tonnes of Brazilian raw sugar in the first purchases since international sanctions were lifted on Tehran in January, trade sources said. One source said the purchases were between 250,000 and 300,000 tonnes for May to June shipment, while another said the quantity was probably bigger than that. “Buyers in Iran have ...
Read More »Oil and gas sector in Gulf region ‘prone to cyber attacks’
Manama / Tribune news service Old and outdated systems running the oil and gas sector in the Gulf are vulnerable to cyber attacks, according to a security expert. Hackers keep exploiting this weakness which is reflected in the sharp rise in the number of attempts reported by a global cyber security watchdog monitoring the situation. “The underlying technology that ...
Read More »IMF urges China to tackle ‘high’ corporate debt immediately
Beijing / Bloomberg The International Monetary Fund’s No. 2 official urged China to take immediate steps to tackle rising corporate debt or risk “dangerous detours†during the country’s transition to a consumption-oriented economy. “Corporate debt remains a serious — and growing — problem that must be addressed immediately and with a commitment to serious reforms,†David Lipton, the IMF’s ...
Read More »India rejects Google Street View plans
New Delhi / Bloomberg India’s Home Ministry has rejected Google’s plan to include photography of the country’s roads, tourist attractions, rivers and mountains in its free Street View mapping service. A panel consisting of security agencies and defense forces concluded Alphabet Inc.’s Google could not offer the 360-degree imagery to users due to security concerns, said a government official ...
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