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Emirates Auction, Al Jalila pact to boost humanitarian work

  DUBAI / WAM Emirates Auction, the world leading company in hosting, organising and managing public auctions of all kinds, and Al Jalila Foundation, the leading institution in support of education and research in the medical sector, signed a cooperation agreement that aims at consolidating their partnership in organising and conducting auctions dedicated to humanitarian work in line with the ...

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Dubai Police, Mashreq tie up for ‘smart’ payments

  Dubai / Emirates Business Mashreq — one of the UAE’s leading financial institutions — has partnered with the Dubai Police to provide unique and innovative payment acceptance services to the UAE public. This comes as part of the Dubai smart city and smart government vision of HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of ...

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The Big Heart Foundation feeds Gaza strip

  Sharjah / Emirates Business Sharjah-based humanitarian project The Big Heart Foundation (TBHF) has teamed up with the United Nations World Food Programme (WFP) to meet the vital food needs of 17,000 of the poorest non-refugees in the Gaza Strip for one month. Through this partnership TBHF will help WFP transfer funds in the form of food electronic cards to ...

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Thrilling driving experience for Mercedes owners at Yas Marina

  Abu Dhabi / Emirates Business Emirates Motor Company (EMC), the Mercedes-Benz authorized distributor in the emirate of Abu Dhabi and the flagship company of Al Fahim Group, has announced that customers who have purchased any AMG after June 1 will receive vouchers to participate in three different AMG experiences at Yas Marina Circuit until December: the Mercedes-AMG GT Experience, ...

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Saudi vision aims at ‘digital’ push

  Riyadh / TNS In the context of the drop in oil prices, which has caused a level of disruption and re-prioritization of development agendas in Saudi Arabia and across the GCC, there is a move on the part of regional governments to look at new models for national revenue through economic diversification planning. On its part, Saudi Arabia has ...

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New e-portal to enhance Saudi real estate services

  Jeddah / TNS The Ministry of Housing has launched Etmam e-portal to develop the real estate sector and facilitate its procedures. The e-portal is also aimed at creating an attractive opportunity to increase the volume of investments in the sector from within and outside the Kingdom in a manner that will accelerate the pace of work in housing projects. ...

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DNO makes $300mn bid for oil producer Gulf Keystone

  Bloomberg DNO ASA, the oil explorer focused on Iraq’s Kurdistan, offered to pay $300 million for regional peer Gulf Keystone Petroleum Ltd., which just completed a debt-restructuring deal with bondholders. DNO’s cash and share offer represents a 20 percent premium to the price of 1.09 cents at which Gulf Keystone proposed issuing shares to bondholders on July 14, the ...

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Libya govt, oil guards reach deal to reopen ports

  BENGHAZI / Reuters Libya’s U.N.-backed government has signed a deal with an armed brigade controlling the major Ras Lanuf and Es Sider oil ports to end a blockade and restart exports from the terminals shut down since December 2014. Reopening the ports would be a huge step for the North African state, which since the 2011 fall of Muammar ...

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Tourism on the rebound in Iran as number of visitors surge

  Tribune News Service When the video Don’t Go To Iran first hit the internet this spring, the title made some Iranians fear it would be yet another effort to taint the country’s image. But it was quite the opposite. French filmmaker Benjamin Martinie said the video aimed to clear up misconceptions about Iran, by countering common stereotypes through clips ...

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