April, 2016

• 2 April

  Adding character to your walls

  

  Our Correspondent / Emirates Business Founded in 1926 in Norway, Jotun — one of the world’s leading paint manufacturers, established its presence in the Middle East in 1974, with Jotun UAE Ltd. Ever since, Jotun has expanded dramatically throughout the region and is the first paint manufacturer to be awarded the ISO 9001: 2008, ISO 14001 & OHSAS 18001 certification. ...

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March, 2016

• 31 March

  Authorities ring alarm over growing cyber-extortion

  

  Ritika Sharma / Emirates Business As we advance towards technically intertwined work environment, it is imperative to be informed and alert about the possible cyber threats and the misuse of social media, UAE cyber experts warn. According to ‘Global Economic Crime Survey 2016: Middle East’ report by pwc, cybercrime has been cited as the second most reported economic crime affecting ...

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• 31 March

  DIB appoints contracting firm for construction of Badr Project Phase 1

  Dubai / Emirates Business Dubai Islamic Bank (DIB) has announced that it has awarded the contract to Engineering Contracting Company (ECC L.L.C.) valued at AED687 million to construct the Badr Project Phase 1. The project is part of a self-contained residential community that consists of five distinct zones with apartment buildings as well as a number of villas and other ...

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• 31 March

  Turning ‘10’ – Abu Dhabi Ports celebrates a fruitful decade of powerful existence

  

  Ritika Sharma / Emirates Business Abu Dhabi Ports is celebrating its tenth anniversary this year and the occasion proclaims more than the number of years of its existence. The master developer, operator and manager of ports and Khalifa Industrial Zone in the Emirate, has a long list of achievements over the last ten years. However, for the company’s management, this ...

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• 31 March

  Nshama’s Town Square ready to welcome first residents in 2017

  DUBAI / EMIRATES BUSINESS A trendy lifestyle at ‘your own price’ is taking tangible shape as Nshama unveiled the first-look of the townhouses, ready to welcome its residents in 2017, at Town Square, Dubai’s one-of-its-kind smartly designed, stylish green neighbourhood. At a special preview, Nshama revealed Zahra Townhouses, which have been launched to overwhelming investor response. The thoughtfully designed homes ...

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• 31 March

  DEWA’s Women’s Committee launches unique initiative for female staff

  

  Dubai / EMIRATES BUSINESS Dubai Electricity and Water Authority’s (DEWA’s) Women’s Committee has launched the ‘Happier, Healthier, and Prettier Employee’ initiative for its female staff. The initiative was launched at the Women’s Committee’s meeting at DEWA’s main office in Zabeel East. It was chaired by Khawla Al Mehairi, Vice President of Marketing & Corporate Communications at DEWA, and Chairperson of ...

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• 31 March

  Mubadala revenues grow to AED34bn

  

  Abu Dhabi / WAM Mubadala Development Company (Mubadala), the Abu Dhabi-based investment and development company, on Thursday announced its full year audited financial and operational results for 2015, showing that the revenues increased to AED 34.1 billion as profit remains stable at AED1.2 billion. Group CEO and Managing Director, Khaldoon Khalifa Al Mubarak, said: “Mubadala managed through the significant macroeconomic ...

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• 31 March

  UAE, China discuss economic coop

  

  ABU DHABI / WAM Abdullah bin Ahmed Al Saleh, Under-Secretary of the Ministry of Economy for Foreign Trade and Industry, discussed with Gao Yan, Vice Minister of Commerce of the People’s Republic of China, and the delegation accompanying him, ways of enhancing bilateral relations in various economic sectors and investment opportunities between the two countries during the coming phase. During ...

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• 31 March

  IMF for innovation to boost GDP

  

  Washington / AFP Facing slowing growth in the global economy, the International Monetary Fund (IMF) called on Thursday for policies that support research and development to promote innovation. “Fiscal policy can play an important role in stimulating innovation through its effects on research and development (R&D), entrepreneurship, and technology transfer,” the IMF said in a report ahead of its twice-yearly meeting ...

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• 31 March

  Bank of Sharjah assets hit AED27,587 million

  SHARJAH / WAM Bank of Sharjah, reported its financial results for the year ended December 31, 2015, showing a continued growth of its loan book while maintaining the solid structure of its balance sheet, with high levels of both liquidity and equity. Total assets reached AED 27,587 million, an increase of 10 percent over the corresponding December 31, 2014 figure ...

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