News

Dubai / Emirates Business Cisco announced that Smartworld, an Etisalat and Dubai South joint venture company, has deployed the Cisco Digital Ceiling framework to create a smart, highly secure and connected indoor space at its new headquarters in Dubai South. The implementation brings together Cisco’s secure IT network with an advanced LED connected lighting system from Philips Lighting to enable ...

Dubai / Emirates Business As part of its efforts to support creative and commercially-minded youth and to help them turn their business ideas into reality, the Dubai Chamber of Commerce and Industry initiative, Tejar Dubai entrepreneurship development programme, launched three commercial projects. These include ‘Video Tube’, offering services in marketing and digital media; Redjani‘E-Shop’ for trading online; and ‘Etihad OS’, ...

REUTERS Kuwait’s Jazeera Airways said on its major shareholder had no current plans to divest its stake in the airline. The carrier was responding to press reports that Boodai Corporation, an investment holding conglomerate, hired HSBC Bank Middle East Limited to advise it on a possible stake sale. Sources had confirmed this to Reuters early last week. Jazeera Airways’ major ...

Ritika Sharma / Emirates Business As we advance towards technically intertwined work environment, it is imperative to be informed and alert about the possible cyber threats and the misuse of social media, UAE cyber experts warn. According to ‘Global Economic Crime Survey 2016: Middle East’ report by pwc, cybercrime has been cited as the second most reported economic crime affecting ...

Dubai / Emirates Business Dubai Islamic Bank (DIB) has announced that it has awarded the contract to Engineering Contracting Company (ECC L.L.C.) valued at AED687 million to construct the Badr Project Phase 1. The project is part of a self-contained residential community that consists of five distinct zones with apartment buildings as well as a number of villas and other ...

Ritika Sharma / Emirates Business Abu Dhabi Ports is celebrating its tenth anniversary this year and the occasion proclaims more than the number of years of its existence. The master developer, operator and manager of ports and Khalifa Industrial Zone in the Emirate, has a long list of achievements over the last ten years. However, for the company’s management, this ...

DUBAI / EMIRATES BUSINESS A trendy lifestyle at ‘your own price’ is taking tangible shape as Nshama unveiled the first-look of the townhouses, ready to welcome its residents in 2017, at Town Square, Dubai’s one-of-its-kind smartly designed, stylish green neighbourhood. At a special preview, Nshama revealed Zahra Townhouses, which have been launched to overwhelming investor response. The thoughtfully designed homes ...

Dubai / EMIRATES BUSINESS Dubai Electricity and Water Authority’s (DEWA’s) Women’s Committee has launched the ‘Happier, Healthier, and Prettier Employee’ initiative for its female staff. The initiative was launched at the Women’s Committee’s meeting at DEWA’s main office in Zabeel East. It was chaired by Khawla Al Mehairi, Vice President of Marketing & Corporate Communications at DEWA, and Chairperson of ...

Abu Dhabi / WAM Mubadala Development Company (Mubadala), the Abu Dhabi-based investment and development company, on Thursday announced its full year audited financial and operational results for 2015, showing that the revenues increased to AED 34.1 billion as profit remains stable at AED1.2 billion. Group CEO and Managing Director, Khaldoon Khalifa Al Mubarak, said: “Mubadala managed through the significant macroeconomic ...

ABU DHABI / WAM Abdullah bin Ahmed Al Saleh, Under-Secretary of the Ministry of Economy for Foreign Trade and Industry, discussed with Gao Yan, Vice Minister of Commerce of the People’s Republic of China, and the delegation accompanying him, ways of enhancing bilateral relations in various economic sectors and investment opportunities between the two countries during the coming phase. During ...