News

  DUBAI / WAM The Dubai Financial Services Authority(DFSA) fined two individuals AED205,520 each for failing to act with due skill, care, which caused an Authorised Firm to breach the DFSA’s Anti-Money Laundering(AML) Rules. Raphael Lilla and Kapparath Muraleedharan were both Licensed Directors and members of the Board of Directors at a DFSA Authorised Firm. In August 2014, Lilla and ...

  Dubai / Emirates Business HH Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority (DCAA) Chairman of Dubai Airports and Chairman and Chief Executive of Emirates Airline and Group, on Tuesday inaugurated the 3rd edition of the World Travel Catering and Onboard Services Expo Middle East (WTCEME) with strong participation from more than 70 international travel ...

  Dubai / WAM The Dubai Chamber of Commerce and Industry has called upon the public and private sectors of the country to support enhancement of UAE investments in the South African market. During its recent trade mission to South Africa, Dubai Chamber urged its trading partners from the public and private sectors, as well as the South African Chambers ...

  Abu Dhabi / Emirates Business Etihad Guest, the multi-airline loyalty programme from Etihad Airways, has won the ‘Best Affinity Covered Card Award’ alongside Abu Dhabi Islamic Bank (ADIB) for the Middle East and Asia region at the Freddie Awards 2016. The annual ceremony was recently held in Las Vegas, Nevada. Introduced in 1988 by InsideFlyer magazine’s Randy Petersen, the ...

  Dhaka / WAM The UAE Ambassador to Bangladesh, Dr. Saeed bin Hajar Al Shehi, has met Nurul Islam, Minister of Expatriates’ Welfare and Overseas Employment of Bangladesh, to discuss methods of qualifying the Bangladeshi workforce overseas. The Bangladeshi minister reviewed efforts being made by his country to achieve welfare for Bangladeshi workers abroad. For his part, Al Shehi affirmed ...

  DUBAI / WAM The Roads and Transport Authority (RTA) revealed that its Call Centre received 529,495 calls during the first quarter of 2016, recording a response time of 12 seconds per call which compared well with the targeted rate of 20 seconds per call. The number of calls handled during the same time last year was 520,258 calls. Ahmed ...

  Dubai / Emirates Business RAKBANK recently signed a Memorandum of Understanding (MoU) with Xpress Money in its headquarters in Dubai Silicon Oasis to facilitate cooperation in the area of money transfer between the two parties. Through this partnership, RAKBANK customers will benefit from Xpress Money’s convenient remittance services and its strong presence in 160 countries across 180,000 locations. The ...

  ABU DHABI / WAM Emirates Nuclear Energy Corporation (ENEC) will host public forums at Baynounah Institute of Science and Technology, in Abu Dhabi’s Western Region on May 16, and at the Abu Dhabi National Exhibition Centre on Wednesday May 18. The forums will be staged next week as part of ENEC’s ongoing commitment to community engagement which focuses on ...

  Dubai / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, attended the opening session of the two-day 2nd Annual International Conference and Exhibition, organised by the World Free Zones Organization on Tuesday at Grand Hayatt Hotel in Dubai. HH watched a documentary on the evolution and progress of the free zone in Dubai. The ...

  Sharjah / WAM Sharjah Investment and Development Authority (Shurooq) in association with the Turkish Business Council in the UAE, organised a business meeting at Sharjah Chamber of Commerce and Industry (SCCI) to discuss ways to enhance cooperation between Sharjah and Turkey and improve economic relations between both sides. The event was attended by Marwan bin Jassim Al Sarkal, CEO of Shurooq, Khalid ...