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Embracing sustainability

  Our Correspondent / Emirates Business Summertown Interiors is among the UAE’s leading and most sustainable contractor, offering superior quality interior solutions as a fit-out company and turnkey provider. Established in 1997, the company has been at the forefront of delivering commercial interior projects in the UAE, specialising in implementing commercial office, education and retail projects for global Fortune 500 ...

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Go bold, chic and urban this summer

  Our Correspondent / EMIRATES BUSINESS It’s finally summer, and whether you’re indulging in a holiday or simply lounging at the beach, Calvin Klein has the perfect watches from its SS16 collection to spice up your summer wardrobe for the ultimate fashion statement. A celebration of the recent ‘90s revival’, Calvin Klein colour pairs minimalistic shapes and vibrant colors for ...

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Altaaqa donates AED2mn to KF

  ABU DHABI / WAM The Khalifa bin Zayed Al Nahyan Foundation, KF, received an AED 2 million donation from Altaaqa Global to support its humanitarian initiatives being implemented in Yemen in order to alleviate the suffering of Yemenis in the light of their dire circumstances. Mohammed Haji Khouri, Director-General of the Khalifa bin Zayed Al Nahyan Foundation, received the ...

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UAE heads for UNCTAD meet

  ABU DHABI / WAM The UAE Ministry of Economy’s delegation has prepared to head to the 14th United Nations Conference on Trade and Development (UNCTAD XIV), to be held from July 17th to 22nd in Nairobi, Kenya. The delegation comprises Juma Mohammed Al Kait, Assistant Under-Secretary of the Ministry of Economy for Foreign Trade Affairs, representatives of competent federal ...

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Emaar unveils exclusive collection of residences

  Dubai / Emirates Business Emaar Properties PJSC will mark the launch of an exclusive collection of elegantly designed homes in Dubai Hills Estate today. A green city within the city, the 11 million sq m Dubai Hills Estate is set to welcome its first residents later this year, ensuring that customers into the new mid-rise tower become part of ...

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Aldar Properties continues to make strong performance

  ABU DHABI / Emirates Business Aldar Properties PJSC (Aldar), Abu Dhabi’s leading listed property development, investment and Management Company, continues to make strong progress across its portfolio of residential projects. Residential construction activities continue to progress at West Yas, Aldar’s first villa community on the iconic Yas Island, with piling, sewerage, utility, telecommunication and lighting work almost complete. The ...

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ADGM, Shanghai Trade Zone sign pact on biz development

  ABU DHABI / WAM Abu Dhabi Global Market (ADGM) and Shanghai Free Trade Zone Authority (SHFTZA) on Wednesday signed a Memorandum of Understanding (MoU) in Shanghai to foster collaboration and facilitate business developments in their respective markets. Richard Teng, Chief Executive Officer, Financial Services Regulatory Authority of ADGM, and Guo Yusong, Department Director, Fiscal and Financial Services of SHFTZA, ...

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‘Falcon Eye’ system launched in Abu Dhabi

  ABU DHABI / WAM The Abu Dhabi Monitoring and Control Centre (ADMCC) announced the launch of the ‘Falcon Eye’ system throughout the city of Abu Dhabi, including Abu Dhabi International Airport, the main islands, and Bani Yas and Musaffah areas. The system is a complete central system that receives a live feed from visual surveillance equipment installed across the ...

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Mashreq & Arab Bank arrange AED1,050mn facilities for Bahrain Int’l Airport Project

  Dubai / Emirates Business Leading financial institution, Mashreqbank psc (Mashreq) announced successful coordination of a BHD 107 million (AED 1,050 million) contracting facility for financing the bonding and working capital requirements of the Arabtec Construction LLC (Arabtec) and TAV Tepe Akfen Yatirim Insaat ve Isletme A.S. (TAV) joint venture (JV) in support of the JV’s main works contract for ...

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Digital payments to generate $2trn in revenue by 2020

  Dubai / Emirates Business GITEX Technology Week 2016 will welcome an exceptional line up of finance and technology experts, including James Barrese, formally CTO of PayPal, and Andres Wolberg-Stok, Global Head of Emerging Platforms and Services from Citi to shed light on the state of FinTech (technology-enabled banking and finance). FinTech solutions are transitioning from startup offices to the ...

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