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  Abu Dhabi / WAM Abu Dhabi Commercial Bank (ADCB) received three prestigious awards from Asian Banking and Finance, a highly respected financial publication based in Singapore. ADCB Commercial Banking has been awarded the “SME Bank of The Year” and “UAE Domestic Technology & Operations Bank of the Year” awards for the distinctive proposition it offers commercial clients in the form ...

  Dubai / Emirates Business Apparel and footwear retailers in Dubai are experiencing a boom in business this summer, as residents and visitors make a beeline for outlets of home-grown, regional and international brands to snap up diverse deals that are being offered during Dubai Summer Surprises (DSS). With Dubai being only second to London as the city with the ...

  AFP Japan’s cabinet on Tuesday approved a mammoth 28-trillion yen ($273 billion) package in its latest attempt to stimulate lacklustre growth, including cash to improve infrastructure and raise the birthrate in the ageing nation. The stimulus plan announced last week is the latest in a series in recent years designed to fire up the world’s number three economy. “We ...

  Bloomberg India’s liquefied natural gas buyers are being encouraged to renegotiate long-term contracts after spot prices tumbled amid a global glut. “We have asked the companies to renegotiate the LNG deals wherever there is a possibility,” Oil Minister Dharmendra Pradhan said in an interview Monday in New Delhi. “I am hopeful our companies will successfully steer the negotiations.” India ...

  DUBAI / WAM Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum visited on Monday the headquarters of Abu Dhabi’s renewable energy company (Masdar), in the capital Abu Dhabi, where he toured Masdar City and reviewed major clean energy projects and initiatives. HH toured Masdar city, which hosts ...

  DUBAI / WAM Dubai Customs (DC) launched an integrated action plan to implement the fourth generation of Government Excellence System, launched by Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, in 2015, to upgrade the government work system based on innovation and standards of excellence. DC has begun conducting awareness ...

  Dubai / Emirates Business The Department of Tourism and Commerce Marketing, Dubai Tourism, has launched its inaugural ‘Ticketed Events in Dubai’ 2015 report, as it seeks to share collective findings to better equip organisers in the decision making process. The report will help grow existing events and to launch new ones based on type, scale, price points, calendar opportunities, ...

  Dubai / WAM Emirates Green Building Council (EmiratesGBC), an independent forum aimed at conserving the environment by strengthening and promoting green building practices, has joined hands with the Dubai Supreme Council of Energy for initiatives to double the rate of energy efficiency in buildings by 2030. This follows the new partnership between the World Green Building Council (WorldGBC) and ...

  ABU DHABI / WAM Etihad Airways Medical Centre (EAMC), the UAE’s first aeromedical facility, and Fatima College of Health Sciences (FCHS) of The Institute of Applied Technology, announced a new partnership to support the training and continued development of Emirati nurses in Abu Dhabi. The partnership, which is the first of its kind in the UAE, forms an important ...

  Beirut / AFP Five people on board a Russian military helicopter were killed on Monday when it was shot down over Syria, in the single deadliest incident for Moscow since it intervened in the war. The attack came as Syrian opposition fighters and their extremist allies battled government forces outside Aleppo in a bid to ease the regime’s siege ...