News

  Dubai / Emirates Business This week, Visa Inc. (NYSE:V), the exclusive payment provider at the Olympic and Paralympic Games, launched its most ambitious integrated global Olympic Games campaign in the company’s history. Marking a bold new direction in Visa’s marketing and communications, the “Carpool” campaign will air in the lead-up to, and throughout, the Rio 2016 Olympic Games — ...

  Dubai / Emirates Business The Board of Trustees of the Emirates Maritime Arbitration Centre (EMAC), has adopted advanced global arbitration rules and is implementing special fast-track arbitration rules to ensure speedy decision-making and less time, effort and cost for all parties involved. The decisions were made during the Centre’s first official meeting at the Dubai International Financial Centre (DIFC) ...

  Tribal Areas / WAM The UAE-Pakistani Friendship Road, funded by the Abu Dhabi Fund for Development (ADFD) at cost of US$60.6 million, has been inaugurated in the Federally Administered Tribal Areas (FATA) in Pakistan. The move follows the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of ...

  Dubai / WAM Dubai Electricity and Water Authority (DEWA) staff are distributing Iftar meals to drivers on the roads and at traffic intersections before Maghrib prayers during the holy month of Ramadan. The gesture is in implementation to the directives of Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, to mark June ...

  Dubai / Emirates Business The Dubai Health Authority (DHA) and Unilever signed an agreement to promote healthy lifestyle through a yearlong campaign comprising of several awareness initiatives and outreach programs for Dubai residents. The MoU was signed at the DHA headquarters by His Excellency Humaid Al Qatami, Chairman of the Board and Director-General of the Dubai Health Authority(DHA) and ...

  Dubai / WAM In line with its continued efforts to offer optimum services to customers, the Inheritance Department at the Awqaf and Minors Affairs Foundation (AMAF) has launched an initiative to provide enabling services to beneficiaries at their homes, particularly widows and the elderly. Customers who are sixty years old and above, as well as widows passing through the Idda ...

  Sharjah / Emirates Business Al Qasba, Sharjah’s premier leisure, tourism and family destination, hosted a group of fatherless children from the Sharjah Social Empowerment Foundation (SSEF) in commemoration of the 12th annual Zayed Humanitarian Day. Celebrated on Ramadan 19, Zayed Humanitarian Day honours the legacy of the late Sheikh Zayed bin Sultan Al Nahyan, the founder of the nation, with ...

  Tokyo / Bloomberg Japanese companies, which have embarked on a $210 billion global acquisition spree over the past three years, are getting a surprise bargain out of Brexit. The yen soared to the highest in more than two years, boosting local firms’ purchasing power for deals abroad and potentially saving them hundreds of millions of dollars on purchases they’ve ...

  Beijing / Bloomberg Chinese authorities will require Baidu Inc. and other search engines to report banned content and verify advertisers’ qualifications in its latest attempt at Internet regulation. Under rules to take effect Aug. 1, search engines operating in the country will be prohibited from providing banned information in various formats including links, summaries, cached pages, associative words, related ...

  Bangkok / Tribune News Servicve Thai exports slipped for a second straight month in May, with the low value attributed to a slowdown in the global economy and low prices for farm products and oil. The Commerce Ministry said that exports fell 4.4% year-on-year in May to US$17.6 billion, with imports edging up 0.5% last month to $16 billion. ...