May, 2016

• 3 May

  EDB assets increases 50%

  Dubai / WAM Led by its Chairman HE Khalid Mohammed Salem Balama, the Board of Directors of Emirates Development Bank (EDB) has concluded its second meeting of 2016. The meeting at the Bank’s headquarters in Abu Dhabi discussed numerous agenda items, ratified the previous meeting’s minutes, and assessed the actions taken by management on the implementation of resolutions and recommendations. ...

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• 3 May

  Meraas unveils UAE’s first upscale outlet mall

  

    Dubai / EMIRATES BUSINESS Meraas, a Dubai-based holding company, announced details of its latest retail development, The Outlet Village, the UAE’s first upscale outlet mall. Located adjacent to Dubai Parks and Resorts and within easy reach of Dubai and Abu Dhabi, The Outlet Village will offer discounted high-end brands merchandise all year round in a scenic and charming medieval ...

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• 3 May

  Arab food security summit opens in Fujairah

    FUJAIRAH / WAM HH Sheikh Mohammed bin Hamad bin Mohammed Al Sharqi, Crown Prince of Fujairah, opened on Tuesday at Fujairah Novatel Hotel the Fifth Arab Conference for Investment in Food Security, organised by Fujairah Chamber of Commerce and Industry (FCCI) under the patronage of HH Sheikh Hamad bin Mohammed Al Sharqi, Member of the Supreme Council and Ruler ...

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• 3 May

  Khalifa directs National Reading Law

  

    Abu Dhabi / WAM His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, has given directions to start the legislative procedure of drafting a UAE National Reading Law, which aims to ensure the sustainability of all government efforts to consolidate reading in the UAE for all ages, as well as identify the key responsibilities of government agencies ...

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• 3 May

  Shurooq highlights growth of Sharjah’s real estate sector

  

    Sharjah / WAM Sharjah Investment and Development Authority (Shurooq) highlighted growth of Sharjah’s Real Estate Sector at Middle East Investment Summit (MEIS) 2016, which concluded on Tuesday at Dubai International Financial Centre. Among the statistics being highlighted by Shurooq at MEIS 2016 were 2014 figures that revealed a 20 percent growth in Sharjah’s real estate market transactions when compared to ...

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• 3 May

  Conference for investment in food security opens in Fujairah

    Fujairah / WAM HH Sheikh Mohammed bin Hamad bin Mohammed Al Sharqi, Crown Prince of Fujairah, opened on Tuesday at Fujairah Novatel Hotel the Fifth Arab Conference for Investment in Food Security, organised by Fujairah Chamber of Commerce and Industry (FCCI) under the patronage of HH Sheikh Hamad bin Mohammed Al Sharqi, Member of the Supreme Council and Ruler of ...

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• 3 May

  Emirates Development Bank assets reach AED6.9bn

  

    Abu Dhabi / Emirates Business Led by its Chairman HE Khalid Mohammed Salem Balama, the Board of Directors of Emirates Development Bank (EDB) has concluded its second meeting of 2016. The meeting at the Bank’s headquarters in Abu Dhabi discussed numerous agenda items, ratified the previous meeting’s minutes, and assessed the actions taken by management on the implementation of ...

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• 3 May

  Business excellence winners honoured

  

      DUBAI / EMIRATES BUSINESS His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, and His Highness Mansour bin Mohammed bin Rashid Al Maktoum, Chairman of Dubai International Marine Club, attended the 22nd Business Excellence Awards ceremony hosted by the Department of Economic Development (DED) in Dubai and honoured 42 winners of Dubai Quality ...

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• 3 May

  Moscow hosts UN envoy for talks to save Syrian truce

  

    Moscow / AFP Desperate efforts to salvage Syria’s ceasefire shifted to Moscow on Tuesday as the country’s battered second city of Aleppo came under fresh fire that killed at least four people. Foreign Minister Sergei Lavrov was due to hold talks with UN envoy Staffan de Mistura in the Russian capital in a last-ditch bid to rescue peace negotiations that ...

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• 3 May

  UN Yemen envoy bids to revive troubled peace talks

    Kuwait City / AFP The UN envoy has met delegates of Yemen’s warring parties separately in a bid to restart peace negotiations after a protest walkout by the government, the United Nations said on Tuesday. The government delegation quit on Sunday in protest at the rebels’ seizure of one of the few loyalist army bases in the northern mountains in ...

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