Abu Dhabi /Â WAM The Securities and Commodities Authority (SCA) has requested all entities wishing to administer public subscription to get a prior licence from SCA. The licence can be easily obtained by contacting the department concerned at the authority, said SCA in a circular distributed on May 7 to stock companies operating in the country, underlining the necessity that …
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SHARJAH / Emirates Business Strategically located at the intersection of Sheikh Mohammed bin Zayed Road and University Road, City Centre Al Zahia is a super-regional mall of 136,200 sqm of gross leasable area. The super-regional mall will address the shopping and leisure needs of the residents of Sharjah, Northern Emirates and Al Zahia, an award-winning residential destination with six …
Read More »SHARJAH / WAM Sharjah Economic Development Department (SEDD) and Emirates Post Group (EPG) have discussed prospects of e-linking economic activities related to postal system between the two organisations. The idea was discussed at a meeting between Sultan Abdullah bin Hadda Al Suwaidi, Chairman of SEDD and delegation from Emirates Post Group, led by Obaid Al Qatami, Acting Chief Commercial …
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Sharjah / Emirates Business As part of its commitment to supporting the growth of socially-conscious entrepreneurs in the region, Sheraa – a launch pad for aspiring entrepreneurs in the United Arab Emirates – has entered in to an exclusive strategic partnership with Crescent Enterprises, the founding partner for Sheraa’s social entrepreneurship track, to co-create initiatives that develop the region’s …
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DUBAI / WAM Dubai Customs has updated its valuation system to provide more advanced services to clients to serve the vision of Dubai becoming the smartest city in the world. With this in mind, Dubai Customs regularly updates and automates its processes and applications, delivering added value to its clients and reaffirming Dubai’s position as a preferred hub for …
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Bloomberg All Chinese stock indexes are not equal. As Beijing intensifies a campaign to clean up markets and reduce leverage, state-owned enterprises that dominate old growth industries, such as banks and commodity producers, have been among the worst hit, while new-economy shares remain in favor among overseas investors. That’s led to a yawning gap between the nation’s two main …
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DUBAI / Reuters Shares of companies that beat quarterly earnings estimates outperformed on Tuesday with electronics and bookstore retailer Jarir helping lift the mood on the Saudi Arabian exchange. Markets across the region rose modestly in thin trade. Shares of Jarir surged 6 percent to 141.0 riyals in the heaviest volumes in two weeks after it reported a 26.5 …
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SINGAPORE/NEW DELHI / Reuters India’s record jet fuel exports may fall this year as an expanding middle class and cheaper air travel boost local consumption, refinery executives and analysts said, potentially raising ailing profit margins for the fuel. Prime Minister Narendra Modi last month launched the first flight under the Regional Connectivity Scheme that is designed to spur air …
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Bloomberg Warren Buffett, the top investor in United Continental Holdings Inc., faulted the airline for a confrontation last month with a passenger who was ripped out of his seat and dragged off a plane after refusing to give up his spot for a crew member. “Obviously, it was a terrible mistake,†Buffett said on Monday in a televised interview …
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Dubai / Emirates Business In a bid to offer Mideast customers direct access to commercial equipment on sale by contractors from world over; Grays Mideast Plant (GMEP) announced the launch of its full end-to-end online auctions on www.graysmideastplant.com. The strategic announcement included both the launch of its unparalleled website for online auctions as well its first construction and earthmoving …
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