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Dubai Chambers unveils new corporate identity

  DUBAI / WAM Dubai Chambers has rebranded and unveiled its new corporate identity reflecting the organisation’s restructuring, which was earlier announced by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. Under the new structure, three chambers of commerce operate under Dubai Chambers, namely Dubai Chamber of Commerce, ...

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EVs help owners cut fuel costs by 73% in Dubai

  Dubai / WAM Through its EV Green Charger initiative, Dubai Electricity and Water Authority (Dewa) has provided over 8,800 megawatt-hours (MWh) of electricity to charge electric vehicles (EVs) in Dubai since 2015. This has helped EV users to travel approximately 58 million kilometres in eco-friendly vehicles and experience a 73 percent reduction in refuelling costs. Since 2015, Dubai has ...

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Dubai Chambers rebrands, unveils new corporate identity

  Dubai / WAM Dubai Chambers has rebranded and unveiled its new corporate identity reflecting the organisation’s restructuring, which was earlier announced by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. Under the new structure, three chambers of commerce operate under Dubai Chambers, namely Dubai Chamber of Commerce, ...

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UAE recognises Croatian ‘Register of Shipping’ to issue statutory certificates

  DUBAI / WAM The Maritime Administration at the Ministry of Energy and Infrastructure has signed a memorandum of understanding (MoU) with the Croatian Register of Shipping (CRS), where the ministry will recognise CRS to issue maritime statutory certificates and carry out all necessary survey works to ensure the eligibility of ships to sail safely. As a result of this ...

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Electric vehicles help owners cut fuel costs by 73% in Dubai

Dubai / WAM Through its EV Green Charger initiative, Dubai Electricity and Water Authority (Dewa) has provided over 8,800 megawatt-hours (MWh) of electricity to charge electric vehicles (EVs) in Dubai since 2015. This has helped EV users to travel approximately 58 million kilometres in eco-friendly vehicles and experience a 73% reduction in refuelling costs. Since 2015, Dubai has witnessed a ...

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NBQ posts AED96.57 million net profit in Q1

UMM AL QAIWAIN / WAM National Bank of Umm Al-Qaiwain (NBQ) has posted a net profit of AED96.57 million for the three months of the year 2022, the bank said in a statement. Net profit has increased by 26.26% compared to AED76.49 million for three months of previous year due to the improving external environment. Cost to income stood at ...

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Inflation helping Europe’s stores gain on Walmart

Associated British Foods Plc’s Primark is not the only European discounter winning over American shoppers. Research from footfall-analysis company Placer.ai shows that budget grocers Aldi Einkauf SE and German rival Lidl, part of Germany’s Schwarz Group, are gaining traction with US consumers too. This could accelerate further as inflation takes its toll on household spending. And that should worry the ...

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Sri Lanka shows folly of fringe theories

Cranks are considered cranks for a reason. That is the lesson from Sri Lanka, which has halted payments of its foreign debt and warned that it may default. The country’s ruling dynasty — led by President Gotabaya Rajapaksa and his brother, Prime Minister (and former president) Mahinda Rajapaksa — have lost most of their cabinet and parliamentary majority. Earlier this ...

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