February, 2016

• 24 February

  RAK Properties posts AED160mn net profit

  

  RAS AL KHAIMAH / WAM RAK Properties reported during its board of directors meeting an impressive 23.5 per cent growth in revenues in 2015. A proposal of dividends distribution of 5% cash for the year 2015 was also recommended by the board and will be presented on the company’s annual general meeting due to be held on March 12th 2016. ...

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• 24 February

  IMF chief lauds economic vibrancy, growth of UAE

  DUBAI / WAM HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance, and Christine Lagarde, Managing Director of the International Monetary Fund (IMF), discussed on Wednesday a variety of regional and global economic and financial developments and ways to stimulate growth in developing countries. Sheikh Hamdan and the IMF chief also explored best ...

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• 24 February

  ZHP’s AED300mn house loans

  Dubai / WAM The Zayed Housing Programme (ZHP) has approved the names of 614 UAE nationals entitled for housing loans and grants worth AED309 million. Of these beneficiaries, 531 will receive loans, while 83 others will receive housing grants. This came during the Board of Directors’ second meeting in 2016 chaired by Dr. Abdullah bin Mohammed Belhaif Al Nuaimi, Minister ...

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• 24 February

  Now, pay through your wrist watch!

  Making a secure payment at a suburban fuel station through your wrist watch by just moving your arm before a machine. With Internet of Things (IoT) technology becoming pervasive, this could be a part of your routine exercise. As the number of IoT-enabled devices is expected to reach a whopping 50 billion by 2020, there is a need to attach ...

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• 24 February

  Coming: Cruise beach stopover in Abu Dhabi

  

  Ritika Sharma Emirates Business Abdulkareem M Al Masabi, Vice President – Ports Operations, Abu Dhabi, said that looking at the year-on-year double digit growth in all cargo sectors that Abu Dhabi Ports witnessed in 2015, the company is confident about its growth prospects in 2016, despite new challenges in global economy. “Delma Port’s infrastructure is being upgraded to include a ...

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• 24 February

  UAE launches world’s first Halal e-learning portal

  

  Dubai / WAM Dr. Rashid bin Ahmed bin Fahad, Minister of State and Chairman of Emirates Authority for Standardization and Metrology (Muwasafat), has launched the Halal e-learning platform, the world’s first integrated portal for the halal economy, during Muwasafat’s participation in Gulfood 2016, a major food and hospitality trade event in the region, which kicked off at the Dubai World ...

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• 24 February

  New members of ADEC sworn in

  

  ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, who is also the Chairman of the Abu Dhabi Executive Council (ADEC), has stressed that upon the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, the UAE entered into a new phase of ...

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• 24 February

  My story is message to every youth’

  

  DUBAI / WAM Women’s rights in the UAE were interwoven into the very foundation of the UAE, Shamma bint SohailFaris AlMazrui, Minister of State for Youth Affairs, at the Global Women’s Forum Dubai on Wednesday. Speaking at the Forum, Al Mazrui, who recently became the youngest Minister in the UAE Cabinet, said: “As we developed schools, universities and the other ...

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• 24 February

  Governor of DIFC welcomes IMF chief

  Dubai / WAM Essa Kazim, Governor of Dubai International Financial Centre (DIFC) on Wednesday welcomed Christine Lagarde, Managing Director of the International Monetary Fund, IMF, in the presence of Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Supreme Fiscal Committee, and ObaidHumaid Al Tayer, Minister of State for Financial Affairs. During her first visit to the DIFC, Lagarde met ...

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• 24 February

  Mars Mission team sheds light on project for UAE’s future

  

  DUBAI / WAM In an interactive session at Global Women’s Forum Dubai, Sarah Amiri, Mars Mission Deputy Project Manager and Science Lead, has discussed her work in the aerospace sector as well as the importance of the Hope Mars Mission project at the Mohamed bin Rashid Space Centre (MBRSC) in developing and sustaining the UAE’s future. Ibrahim Hamza Al-Qasim, the ...

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