Bloomberg As monuments to Britain’s past glories go, it’s hard to beat the Royal Air Force Club. Housed in a handsome stone building in London’s tony Mayfair district, the facility for current and former RAF personnel is stuffed with oil paintings of great moments in British aviation, busts of accomplished pilots and historic treasures like the first flight-test report for ...

Dubai / WAM Expo 2020 Dubai has so far awarded AED10.8 billion construction and AED411 million non-construction contracts in 2017. Preparations are firmly on track, with the global destination exceeding its pledge of distributing AED360 million non-construction contracts this year. It will reach its target of AED11 billion construction contracts after awarding urban planning and event overlay packages due to ...

ABU DHABI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, a number of world leaders, dignitaries and senior officials on Sunday attended the final ...

DUBAI / WAM The Board of Directors of the Sheikh Zayed Housing Programme approved the names of 737 Emiratis, who are eligible for housing support, with a total value of AED476 million, coinci-ding with the celebrations of the 46th National Day in the country. During a meeting at the Etihad Museum in Dubai, Dr Abdullah bin Mohammed Belhaif Al Nuaimi, ...

ABU DHABI / WAM Abu Dhabi Global Market (ADGM) and Al Fardan Exchange, have entered into a cooperation partnership to develop and support the FinTech ecosystem in the UAE. The Memorandum of Understanding (MoU) was signed by Richard Teng, Chief Executive Officer of the Financial Services Regulatory Authority (FSRA) of ADGM, and Osama Al Rahma, CEO of Al Fardan Exchange. ...

ABU DHABI / WAM SHUAA Capital announced that its securities brokerage arm, ‘SHUAA Securities’, has officially commenced operations in the Egyptian market, following a green light from the Egyptian Financial Supervisory Authority (EFSA). With an initial and dedicated 40 person strong task-force, SHUAA Securities Egypt has been executing its first transactions since being granted approval. SHUAA Capital had earlier confirmed ...

Dubai / Emirates Business His Highness Sheikh Ahmed Bin Saeed Al Maktoum officially inaugurated Middle East’s largest construction event, The Big 5, and the co-located Big 5 Solar on Sunday. The President of the Dubai Civil Aviation Authority, CEO and Chairman of the Emirates Group also took a tour of the exhibition that covers the entire Dubai World Trade Centre ...

DUBAI / Emirates Business The Smart Dubai Office (SDO), has partnered with regional technology business solutions (TBS) provider Nearbuy to host a trial of the first ‘robot receptionist’ in the Middle East. Farah, which stands 1.50 metres tall, started work today at the Smart Dubai Office headquarters in the Dubai Design District. It features a touch-screen panel where visitors to ...

Dubai / Emirates Business The UAE Chapter of the International Chamber of Commerce (ICC-UAE) and the Dubai Chamber of Commerce and Industry recently organised and hosted the 6th ICC-UAE Trade Finance Conference, which attracted the participation of more than 100 representatives from the UAE’s business community. The conference, held at Dubai Chamber’s premises, provided participants with an overview of economic ...

DUBAI / Emirates Business The Board of Directors of UAE Banks Federation (UBF), a professional representative body comprising 48 member banks operating in the UAE, held its meeting to review the progress of the initiatives the Federation launched this year, and adopted the priorities and action plan for 2018. “Rising customer expectations, increasing cyber threats and a number of significant ...