DUBAI / Emirates Business Emirates NBD, a leading banking Group in the region, helped workers in the UAE beat the heat this summer by distributing cooling vests at the Al Manar mall extension construction site, managed by Sun Engineering & Contracting. Bank executives gave away 500 of the specially made vests to the workers, designed to reduce the wearer’s …

  Dubai / Emirates Business Dubai property price increases are on the horizon says Dubai realtor, who points to “affordable housing” as the key driver pushing up demand. Over the last quarter, one of the UAE’s leading property agents, Allsopp & Allsopp, has recorded substantial sales growth, with 83 per cent of all properties sold for under Dh4 million. Coinciding …

  DUBAI / Emirates Business du prepaid customer, Atif Nizam Chaudhary, became an instant millionaire after purchasing a du prepaid bundle during Ramadan. In a ceremony held on Wednesday, July 20 at du’s flagship store in Media City, Fahad Al Hassawi, Chief Commercial Officer at du, handed over a cheque for AED1 million to Atif Nizam Chaudhary. Throughout the Holy …

  DUBAI / WAM The Millennium Corniche Hotel Abu Dhabi won the Best Newcomer International 2016 Award, Investors In People (IIP) in London in an event held at Old Billingsgate Market and was hosted by “Bridget Jones’s Diary” actress, Sally Phillips. Millennium Corniche Hotel Abu Dhabi, was the only Hotel Company out of many shortlisted companies and the only one from …

  Abu Dhabi / Emirates Business Innovative lighting technologies have drastically changed the future of the lighting industry. The influence of new trends such as smart lighting and connected lighting have reshaped various lighting categories – architectural, indoor, outdoor, residential and street lighting, to name a few. Further, industry reports indicate that the residential market is the largest market sector …

  WAM The Roads and Transport Authority (RTA), represented by a delegation from the Licensing Agency, has attended the conference held by the International Commission for Driver Testing (CIECA) in Madrid, Spain. The event focused on the best practices adopted in training, qualifying and licensing of drivers, and sharing expertise with the Licensing Agency. The overall objective of the event …

  Emirates Business Over 100 baskets of dabbas were lined up on tables, awaiting judgement for the tastiest, healthiest and the best looking date. This variety of date, especially popular in Liwa oasis, was the first of the 10 ratab — half ripen dates — competitions to start the 12th annual Liwa Dates Festival. Organised by the Cultural Programmes and …

  Emirates Business Visitors to Al Majaz Waterfront in Sharjah can enjoy a host of new activities on offer, with the premier tourist and leisure destination having commenced its exciting ‘Summer Fun’ annual programme which will run every weekend (on Thursday and Friday) until the end of August. Starting on the first day of Eid Al Fitr, Summer Fun at …

  Bloomberg The thwarted coup attempt in Turkey is leaving derivatives traders with little doubt the country’s three-year sojourn in investment grade is coming to an end, potentially triggering a fire sale of almost $9 billion of bonds. In the three trading days since President Recep Tayyip Erdogan survived a bid by a faction of the military to depose him, …

  Bloomberg Daimler AG maintained the profitability of its Mercedes-Benz Cars unit in the second quarter even as it spent money to introduce a new version of the E-Class sedan, a model it said will help boost returns the rest of the year. Adjusted for special items, the return on sales was 10 percent at the division, which includes the …