April, 2016

• 30 April

  Offering full-fledged property management solutions

  

    Our Correspondent / EMIRATES BUSINESS Founded in 2001, HMG aims to provide properties with sustainable features and reasonable prices. The company is the first real estate group in the GCC and the Middle East to offer refurbished, pre-rented and fully managed villas at the most prime locations in the United States. Abdul Aziz Bin HouHou, Board of Directors, Chairman ...

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• 28 April

  Global stocks slide after BoJ shock, weak US data

  

    London / AFP European and US stock markets slipped on Thursday, taking their lead from Tokyo which fell heavily as the Bank of Japan shocked traders by deciding against fresh stimulus measures. The surprise move by the BoJ came a day after the US Federal Reserve provided a positive outlook on the global economy, highlighting mixed signals from the ...

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• 28 April

  VP issues decree on Meydan City Corp

    DUBAI / WAM In his capacity as Ruler of Dubai, Vice President and Prime Minister of UAE, His Highness Sheikh Mohammed bin Rashid Al Maktoum, on Thursday issued decree No (17) of 2016 forming the Board of Directors of Meydan City Corporation. Pursuant to the decree, the new Board has been formed with Saeed Humaid Al Tayer as Chairman, ...

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• 28 April

  DEWA team meets Chinese public and private firms

    SHANGHAI / WAM A delegation from Dubai Electricity and Water Authority (DEWA), headed by Saeed Mohammed Al Tayer, MD & CEO of DEWA, has begun meetings with Chinese public and private organisations. The delegation to China is building stronger ties and developing partnerships with China’s public and private sectors. This supports the Dubai Clean Energy Strategy 2050, which gives ...

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• 28 April

  Masdar marks decade of ‘green innovation’

  

    ABU DHABI / WAM On Thursday, Masdar employees and alumni gathered in Masdar City to mark ten years of achievement in advancing the clean energy industry in Abu Dhabi and around the world. Under the banner “Seizing the Next Decade,” participants were invited to reflect on Masdar’s significant and widespread impact to date and the promise of the next ...

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• 28 April

  Abu Dhabi at Hannover fair

    HANNOVER / WAM Mohammed Hilal Al Muhairi, Director- General of the Abu Dhabi Chamber of Commerce and Industry, has confirmed that the Chamber participation in the 2016 Hannover Messe International Industrial Fair in Hannover, comes as part of its strategy to promote and attract more industrial investments to the Emirate of Abu Dhabi. He said that the participation also ...

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• 28 April

  DP World’s volume up 3.7%

    Dubai / WAM DP World Limited handled 15.5 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals during the first quarter of 2016, with gross container volumes growing by 3.7% on a reported basis, and up 2.4% on a like-for-like1 basis, DP World Chairman, Sultan Ahmed Bin Sulayem, said today during a meeting the Annual General ...

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• 28 April

  UAE gears up for big bite of US$140bn Halal sector

    RITIKA SHARMA / Emirates Business With global Halal industry growing, UAE-based hotels are gearing up to grow their share in the segment. Halal sector was worth US$140 billion in 2014, representing around 13 percent of global travel expenditure, and this figure is expected to reach US$233 billion by the year 2020. Glenn Nobbs, General Manager, Copthorne Hotel Dubai, one ...

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• 28 April

  Tabreed’s Q1 net profit rises by 4%

  

    SUNAINA RANA / Emirates Business Abu Dhabi-based National Central Cooling Company, Tabreed has announced an increase in its 2016 first quarter results. Tabreed has witnessed a robust growth of 4 percent and posted AED63 million in their quarterly financial results. Considering the financial performance of the company, it seems to continue its drive towards strong and effective operations across the ...

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• 28 April

  10 years of green innovation

  

    Abu Dhabi / WAM On Thursday, Masdar employees and alumni gathered in Masdar City to mark ten years of achievement in advancing the clean energy industry in Abu Dhabi and around the world. Under the banner “Seizing the Next Decade,” participants were invited to reflect on Masdar’s significant and widespread impact to date and the promise of the next ten ...

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