DUBAI / WAM The Dubai Land Department (DLD) and the Telecommunications Regulatory Authority (TRA) signed a mem- orandum of understanding (MoU) during the Gitex Technology Week. The agreement aims to regulate real estate advertisements by setting an operational framework in the control departments, thus reducing misleading real estate advertisements. Hamad Obaid Al Mansoori, Director-General of the TRA, said, “The Authority ...

ABU DHABI / Emirates Business A predicted boom in flexible working could contribute $10.04 trillion to the global economy by 2030, according to the first comprehensive socio-economic study of changing workplace practices. The analysis, commissioned by Regus and conducted by independent economists, studied 16 key countries to delve into the state of flexible working both now and through 2030. Regus ...

DUBAI / Emirates Business Commercial Bank of Dubai (CBD) reported its financial results for the first nine months of 2018. The bank’s year to date net profit of AED843 million was 26.8% higher on the back of a 1.5% increase in operating income and a 5.3% decline in operating expenses; impairment allowances meanwhile decreased by 17.2%. Operating income for the ...