March, 2016

• 8 March

  Half a million Emiratis to benefit from KF’s products

  ABU DHABI / WAM Half a million UAE citizens will benefit from subsidised national food products. The gesture is in line with the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. Mohammed Haji Al ...

  Read More »
• 8 March

  DGCX’s unveils Stellar Trading Systems

  Dubai / WAM The Dubai Gold and Commodities Exchange (DGCX) on Tuesday announced that Stellar Trading Systems, a multi-asset trading software and services specialist, has become an approved Independent Software Vendor, ISV, on the exchange. Stellar Trading Systems has hosted its infrastructure at DGCX colocation facility to deliver its market making, low-latency order routing and algorithmic trading solutions to DGCX ...

  Read More »
• 8 March

  DAFZA to help advance cause of women empowerment

  

  Dubai / WAM In celebration of International Women’s Day, the Dubai Airport Free Zone Authority (DAFZA) has launched ‘Elham,’ a committee tasked to help advance the cause of women empowerment in the UAE. The announcement was made during a brunch event, which was held on Tuesday at the DAFZA headquarters. The creation of ‘Elham’ comes in line with the vision ...

  Read More »
• 8 March

  Abu Dhabi air expo gets off to a flying start

  

  Abu Dhabi / Emirates Business The Abu Dhabi Air Expo 2016 began on Tuesday in a spectacular fashion with two Etihad Airways’ Extra EA 330 LT Trainer aircraft conducting an aerial ribbon-cutting during an acrobatic display at Al Bateen Airport, Abu Dhabi. The expo is just one event that is taking place during Abu Dhabi Aviation Week 2016, which runs ...

  Read More »
• 8 March

  Mubadala, Boeing ink pact on research & development initiatives

  

  Abu Dhabi / Emirates Business Abu Dhabi-based investment and development firm Mubadala Development Company and Boeing [NYSE: BA] on Tuesday announced a new strategic agreement for collaboration on Research and Development (R&D) initiatives to further expand aerospace manufacturing capabilities in the UAE. The agreement spans over five years and will see Boeing join Mubadala’s existing R&D ecosystem in Abu Dhabi, ...

  Read More »
• 8 March

  ‘Youth empowerment need of the hour’

  

  DUBAi / Emirates Business To coincide with International Women’s Day 2016 theme, du on Tuesday released poll results from the first ever Global Women’s Forum Dubai. During the event, which occurred at the end of February, prominent UAE female figureheads gathered at du’s Social Impact Hub and discussed social issues in the society. Youth empowerment topped the list, according to ...

  Read More »
• 8 March

  Nissan Sentra marks big sales in the region

  

  Sunaina Rana / Emirates Business Nissan’s compact saloon, the Sentra, emerges as a highly competitive C segment to have an increase in its sales by one percent in 2015. The region has witnessed a fall in the sales of the C segment cars by 13 percent, but Nissan Sentra has appeared as a winner by increase in the sales by ...

  Read More »
• 8 March

  ENOC launches photovoltaic panels at service stations

  DUBAi / Emirates Business Emirates National Oil Company (ENOC) has commenced a solar photovoltaic (PV) panel pilot project which aims to reduce carbon emissions and achieve over 50 percent savings in energy consumption at individual service stations. The project is being implemented at ENOC’s Dubai Media City filling station on Sheikh Zayed Road, as part of the rebuild scheme for ...

  Read More »
• 8 March

  Saudi real estate acquisition in Turkey soars 70% in 2 years

  

  Jeddah / Emirates Business Investors from Saudi Arabia will have a unique opportunity to discover Turkey’s diverse real estate landscape and meet with leading local and international developers and market experts at the inaugural Cityscape Turkey exhibition, which will be held on March 24-26 at the Istanbul Congress Centre. The latest addition to the Cityscape portfolio of global events, the ...

  Read More »
• 8 March

  USA commercial property prices drop for first time in 6 yrs

  Bloomberg U.S. commercial real estate prices dropped in January for the first time since 2010, a sign of weakening demand by investors after a six-year rally that pushed values to records. The Moody/RCA Commercial Property Price Index slipped 0.3 percent from December, Moody’s Investors Service said. The decline was led by office and industrial buildings, which each had a price ...

  Read More »