DUBAI / WAM Dubai International (DXB) has been named the ‘Favourite Airport for Layovers’ at the Conde Nast Traveller Readers’ Choice Awards Middle East. Dubai International along with Singapore Changi International and Hong Kong International Airport were the three international hubs that were voted to the top by readers of Conde Nast Traveller Middle East in the Favourite Airport for ...

DUBAI / Emirates Business Mashreq Bank, the UAE’s leading financial institution was presented with the Best Consumer Mobile Banking Global award at the Digital Bank Conference and Awards dinner hosted by Global Finance magazine in London, England. The award is in recognition of Mashreq bank’s development of its mobile banking app, Snapp and its efforts in enhancing its customers’ experiences ...

DUBAI / WAM Dr Amin Hussein Al Amiri, Assistant Under-Secretary for Public Health Policy and Licensing at the Ministry of Health and Community Prevention, discussed, with Adrian Macelaru, Ambassador Extraordinary and Plenipotentiary of Romania to the UAE, ways of developing cooperation and the exchange of knowledge in the health sector between the two countries. During the meeting, the two sides ...

Dubai / WAM The Real Estate Investment Management and Promotion Centre, the investment arm of Dubai Land Department (DLD), has concluded its real estate roadshow and workshops in the United Kingdom. London was the last destination in the real estate roadshow, which aimed to promote Dubai’s real estate market and attract British investors. The roadshow, which earlier visited the Russian ...

Dubai / Emirates Business With its Serenia Residences project due for completion in only few weeks’ time, Palma has announced that it will be providing its clients with a range of exclusive financing options in partnership with leading specialised financiers including Emirates NBD, Sharjah Islamic Bank, Amlak Finance PJSC and Mortgage Finder. Kareem Derbas, CEO of Palma Holding, commented: “We ...

Abu Dhabi / WAM The Department of Health (DoH), released on Monday the Abu Dhabi Healthcare Statistics report for the year 2016, providing a summary of population health, births and deaths, common diseases, healthcare demand and supply, as well as future healthcare needs in the emirate. According to the report, the total number of births in Abu Dhabi in 2016 ...

Bloomberg President Donald Trump will declare China a “strategic competitor’’ to the US in a speech that lays out an official national security strategy heavily influenced by his views on trade and economic relations, senior administration officials said. The language, as described by the officials, appears softer than the label used by National Security Adviser H.R. McMaster, who last week ...

Bloomberg National Bank of Kuwait, the country’s largest lender, plans to hire hundreds of people and open more branches in Saudi Arabia and Egypt as it targets growth in the Middle East’s biggest markets. NBK, as the bank is known, will open in Riyadh and Dammam by the end of next year after opening its first branch in Saudi Arabia ...

Bloomberg South Korea’s goal of creating its own Goldman Sachs has stalled as big brokerages wait on approvals to raise new funds for expansion. The focus is on so-called promissory notes, short-term contracts that authorities had said brokerages might start using to raise funds to fuel their growth, as part of the government’s goal of creating a more active domestic ...

Bloomberg Ignazio Visco will defend the Bank of Italy’s oversight of the country’s lenders this we- ek after a crisis that led to taxpayer-funded bailouts, losses for small investors and a damaged reputation for the financial system abroad. As a two-and-half month probe by the country’s parliament into the industry comes to an end, Visco will make his long-awaited appearance ...