DUBAI / Emirates Business Mashreq bank, the UAE’s leading financial institution closes a $100 million dual tranche syndicated term facility for Stanbic Kenya Bank Limited (Stanbic Bank Kenya) – a subsidiary of the Standard Bank Group (SBG). The transaction closed nearly two and a half times oversubscribed. Mashreq, the sole coordinating bank and book-runner for Stanbic Bank Kenya’s fourth international ...

DUBAI / Emirates Business Noor Bank, one of the leading Shari’a-compliant banks in the UAE, on Wednesday announced the launch of the Noor Business Council (NBC), which is a thought leadership platform. Bringing together SMEs and large corporate clients of Noor Bank, the NBC has been designed to serve as a platform to discuss topics relevant to the business landscape, ...

Dubai / Emirates Business Global air services provider, dnata, has been certified by IATA’s Center of Excellence for Independent Validators in Pharmaceutical Logistics (CEIV Pharma) for its pharma-handling processes and facilities in Dubai. The CEIV Pharma was created by IATA to provide a globally consistent and recognized pharmaceutical product handling certification that focuses on airfreight and temporary storage. The stringent ...

Dubai / Emirates Business Future Blockchain Summit, the world’s largest blockchain festival, hosted by Smart Dubai and organised by Dubai World Trade Centre (DWTC), opened its doors on Wednesday. From a world-class line up of speakers to game-changing signings, experts from around the world have come to Dubai – the future blockchain capital of the world. During her keynote speech ...

Sharjah / WAM In a groundbreaking achievement for the UAE, Sharjah has been named a ‘Child- Friendly City’ (CFC), by the United Nations Children’s Fund (UNICEF), in recognition of its outstanding efforts and accomplishments in the protection and promotion of children’s rights. The accolade comes just three years after the emirate was named ‘Baby-Friendly City’ by the UN and World ...

DUBAI / WAM The Dubai Business Women Council (DBWC), received a delegation from the University Leadership Consortium (ULC), to discuss coordinating joint efforts and exchange skills and expertise. This came during a meeting at the Dubai Chamber of Commerce and Industry headquarters, which was attended by Dr Raja Al Gurg, President of the DBWC, and a number of board members ...

Dubai / WAM Passenger traffic at the Dubai International (DXB), grew year on year by 4.5 percent, after 7.85 million passengers travelled through the airport during the month of March. Taking into consideration the Easter holiday period, passenger figures climbed from 7,511,431 during the same period in 2017, to 7,852,501 in March of this year. Overall passenger numbers are up ...

Harvard / WAM Jebel Ali Free Zone, the region’s premier business and logistics hub is showcasing its auto sector capabilities at the 16th Automechanika Dubai show, which opened at the Dubai World Trade Centre (DWTC) on Tuesday. Jafza has reinforced its position as the location of choice for the industry handling over a fifth of Dubai’s total automotive trade worth ...

Dubai / WAM Emirates Central Cooling Systems Corporation (Empower), launched its pre-summer awareness campaign, ‘Steps to Cooler Summer’, aiming to prepare the customers, by providing best practices and ways, to reduce district cooling consumption during the upcoming summer season. The campaign will help reduce the energy consumption cost of customers, and ensures customer happiness by providing the best and most ...

Abu Dhabi / Emirates Business The Fikra Labs Acceleration Programme, a new concept to drive innovation and foster entrepreneurship in the Abu Dhabi travel and tourism sector, concluded its four-week acceleration programme with the announcement of the four winning MENA start-ups. The winning start-ups that were awarded the coveted investment opportunity included Tapklik Technologies mentored by DCT Abu Dhabi, ViaFone ...