March, 2016

• 16 March

  Jewel Corner: Where affordability wins hearts

  

  ALKESH SHARMA / EMIRATES BUSINESS It all started with only one store at Deira City Centre but today this brand boasts of 35 different stores across the Gulf Cooperation Council (GCC) region and also a strong presence on the e-commerce domain. Jewel Corner, which aims at catering to each strata of the society, has certainly covered a remarkable journey in ...

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• 16 March

  It’s all about ‘chic’ lifestyle

  

  ALKESH SHARMA / EMIRATES BUSINESS OBS Lifestyle is credited with fetching upscale brands from the global corridors right to the doorsteps of UAE residents. Enjoying a rich portfolio of some of the leading brands, dealing with fashion and life, OBS Lifestyle has emerged as one of the prominent retail and distribution division of OBS Group in the last few years. ...

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• 16 March

  IDB registers 193 industrial units across UAE in 2015

  

  ABU DHABI / WAM The Industrial Development Bureau, IDB, of the Department of Economic Development, DED, in Abu Dhabi, has registered 193 industrial establishments across the Emirate of Abu Dhabi in the Health, Safety and Environment Management System, EHSMS, during 2015. Registration is part of the requirements of the system’s regulatory framework and the requirements of Abu Dhabi Occupational Safety ...

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• 16 March

  MBLM rebrands Ajman Tourism

  

  AJMAN / Emirates Business MBLM, the Brand Intimacy Agency focused on building the ultimate brand relationships, announced the recent launch of a new destination identity for the Emirate of Ajman. Under the patronage of His Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Ajman Executive Council, and in collaboration with the Ajman Tourism ...

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• 16 March

  ENOC to begin Project Falcon extension

  

  Dubai / Emirates Business Emirates National Oil Company (ENOC), through its subsidiary Horizon Terminals Ltd, will commence construction of the underground 16 km Jet Fuel pipeline extension that links its storage terminal in Jebel Ali with Al Maktoum International Airport in Dubai South, in Q4 of 2016. Front End Engineering & Design (FEED) for the pipeline extension to Al Maktoum ...

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• 16 March

  Avaya’s new digital approach to business

  Dubai / Emirates Business Avaya — leading provider of solutions — has introduced its concept of Digital Transformation-as-a-Service to emerging markets. Launching SmartDXaaS, the company highlighted its range of cloud-based solutions and professional services at the annual Avaya Technology Forum (ATF) in Dubai. The flagship technology event, the latest round in a series that will move on to Ireland and ...

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• 16 March

  Innovators lead MEFTECH with financial market solutions

  

  Abu Dhabi / Emirates Business A collection of innovative and ‘disruptive’ financial startup organisations are set to descend upon Abu Dhabi to showcase technological products that will transform the way businesses and individuals interact with financial services. The FinTech pavilion, a feature of the upcoming MEFTECH 2016 exhibition and conference, will provide six growth stage startups with an opportunity to ...

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• 16 March

  Japan Inc. cuts wage hikes as Abe’s efforts to bolster economy falters

  

  Tokyo / Bloomberg Japan’s major companies are giving lower wage increases next fiscal year as Prime Minister Shinzo Abe’s efforts to boost the economy falter. Toyota Motor Corp. agreed to increase monthly base salaries 1,500 yen ($13) in the year beginning April, according to a statement from the company on Wednesday. That compares with a 4,000 yen hike this fiscal ...

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• 16 March

  Chinese economy won’t suffer ‘hard landing’, assures premier Li

  

  Beijing / AFP China’s economy will not suffer a “hard landing”, Premier Li Keqiang said on Wednesday, stepping up Beijing’s charm offensive to reassure investors that the government can manage slowing growth. “We have long-term confidence in the Chinese economy and this confidence isn’t without a foundation,” Li told his once-a-year press conference at the end of the National People’s ...

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• 16 March

  Turkmenistan’s president in Pak for talks on TAPI pipeline

  

  Islamabad / AP Turkmenistan’s president has arrived in Pakistan on a two-day visit that is likely to focus on a proposed gas pipeline from Turkmenistan through Afghanistan, Pakistan and on to India. The project, known as TAPI, is aimed at meeting the regional energy needs. Pakistani state-run TV showed Prime Minister Nawaz Sharif receiving Gurbanguly Berdymukhamedov on Wednesday, complete with ...

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