DUBAI / EMIRATES BUSINESS With 33,516 BMW and MINI cars sold across 12 countries and an increase of 11 percent in sale over 2-14, the BMW Group is looking forward to another positive year in the Middle East. The UAE market has been on a roll in terms of sales with 20,090 cars delivered to customers across all the Emirates ...
Read More »Dubai / Emirates Business Emirates Integrated Telecommunications Company’s (du) share hit the highest level in one year and a half, amid expectations the company would raise foreign ownership ceiling to be listed onthe MSCI Emerging Markets Index. The share rose 6.54%, the best performance since late June 2014 when it Jumped 7.6%. Arqaam Capital expected du to be the next ...
Read More »Dubai / Emirates Business du has announced that during this year’s Special Numbers Auction, which is being organised in collaboration with Online Auctions, a total of 50 exclusive packages in four different categories will be up for grabs. These categories include Auction Gold, Auction Diamond, Auction Platinum and Auction Platinum Plus. The event takes place on February 6, 2016 at ...
Read More »Abu Dhabi / WAM The Ministry of Economy and the Mohammed bin Rashid Al Maktoum Foundation have signed a Memorandum of Understanding that will see the two sides cooperate in supporting research and development, publishing, translation, and developing public awareness by issuing books and organising cultural events mutually beneficial to both sides. Under the MoU, entitled, ‘Reading is a Catalyst ...
Read More »Abu Dhabi / EMIRATES BUSINESS ’Pakistan-based JS Bank has officially opened its first branch office outside of its home country, in the Kingdom of Bahrain, targeting the GCC, and eventually the wider Middle East and North Africa (MENA). The announcement follows the awarding of a wholesale conventional banking license to JS Bank by the Central Bank of Bahrain (CBB) last ...
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Abu Dhabi / EMIRATES BUSINESS The Abu Dhabi Education Council (ADEC) and Mubadala Development Company (Mubadala), the Abu Dhabi-based investment and development company, has announced the commencement of Live Science, a joint initiative to bring together aspiring engineers, scientists and curious UAE youth. Live Science launched at Mushrif Central Park in Abu Dhabi. The event welcomes Abu Dhabi’s youth to ...
Read More »Sunaina Rana / EMIRATES BUSINESS SAP SE and Lenovo has announced a multidimensional partnership to develop cloud solutions in China. The creation is an innovation between SAP HANA platform and Lenovo systems, both the entities would jointly implement global go-to-market programmes. The arrangement is anticipated to significantly reinforce a current association and further combine SAP solutions with Lenovo’s data center. ...
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RITIKA SHARMA / EMIRATES BUSINESS Jebel Ali Free Zone, Jafza, the flagship Free Zone of Dubai and trade and logistics hub for the wider Middle East region, is home to hundreds of companies from SMEs to big business houses. In recent years as much as have the trade figures increased, the frequency of business travel has increased too. The business ...
Read More »DUBAI / EMIRATES BUSINESS The overall investment market is not looking very promising due to fluctuating oil prices and financial meltdown in various industries, but Dubai property firm Aqua Properties is sure to make good out of even dismal market. In a bid to achieve its aim of providing an opportunity to individuals to own their own home in the ...
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Abu Dhabi / EMIRATES BUSINESS Al Forsan Real Estate welcomed its first group of tenants in ‘Al Forsan Village’. Located in the heart of Khalifa City, the project has 385 villas that are for lease as well as sale. Rent in these villas starts from AED210000. The sale price of a four bedroom villa at Al Forsan Village starts from ...
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