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Dubai Investments to distribute 10% cash dividend

DUBAI / WAM Dubai Investments, the leading diversified investments conglomerate listed on the Dubai Financial Market, has decided to distribute 10 percent cash dividend to its shareholders for the financial year ending December 31, 2018. A proposal to this effect was approved by shareholders at the group’s 23rd annual general meeting (AGM). The company’s shareholders also approved all other resolutions ...

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Grandweld Shipyards delivers four crew boats to Kuwait Oil Company

Dubai / Emirates Business The UAE-based, Grandweld Shipyards, has announced a delivery of four Crew Boats to Kuwait Oil Company “KOC”. As per the contractual agreement signed in May 2017, Grandweld should build six Pilot Boats and four Crew Boats for KOC. Five boats have been delivered and the remaining five will be delivered in June 2019. Furthermore, the newly ...

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Fairmont Bab Al Bahr unveils Al Andalus Ramadan Tent

Abu Dhabi / Emirates Business Traditional Iftar and Sohour experiences in celebration of the Holy Month of Ramadan await at the Fairmont Bab Al Bahr’s stunning Al Andalus Ramadan Tent. With breathtaking views of Sheikh Zayed Grand Mosque, the enchanting Al Andalus Tent provides the ultimate venue to enjoy an authentic Arabian Iftar and Sohour with stunning surroundings, lavish spreads ...

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