February, 2016

• 28 February

  Our goal is to expedite progress

  

  Abu Dhabi / wam The UAE’s newly-reshuffled Cabinet, presided over by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, met on Sunday for the first time and discussed government-related issues. His Highness Sheikh Mohammed bin Rashid said the UAE Government, under the leadership of His Highness Sheikh Khalifa ...

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• 28 February

  Mohamed rejigs board of Media Zone Authority

  Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, in his capacity as Chairman of Executive Council of Abu Dhabi, has issued a resolution restructuring the board of the Media Zone Authority – Abu Dhabi, under the chairmanship of Noura Mohammed Surour Al ...

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• 28 February

  Fuel prices for March announced

  

  Abu Dhabi / WAM The Fuel Price Follow-up Committee, chaired by Dr. Matar Hamed Al Neyadi, Under-Secretary of the Ministry of Energy, on Sunday concluded its meeting at its headquarters in Abu Dhabi and announced fuel prices for March. Diesel prices went up by 2 percent to AED1.40 per liter from the February price of AED1.37. Petrol prices dropped, with ...

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• 28 February

  UAE, Mauritius sign MoU over labour, manpower

  

  Dubai / WAM The UAE, represented by the Ministry of Human Resources and Emiratisation, and the Republic of Mauritius, represented by the Ministry of Labour, Industrial Relations and Employment, have signed a Memorandum of Understanding to enhance cooperation between the two countries in the areas of labour and manpower. Following the signing at the office of the ministry in Dubai, ...

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• 28 February

  Abu Dhabi DED calls on companies for ‘amendments’

  

  ABU DHABI / WAM The Department of Economic Development (DED) Abu Dhabi, has called on registered companies to amend their articles of association and bylaws so they can be approved as per the guideline form mutually approved by the DED and Abu Dhabi Securities Exchange (ADX). Khalifa bin Salem Al Mansouri, DED’s Acting Under-Secretary, said that this procedure comes as ...

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• 28 February

  UAE invests AED2bn in Kazakh

  Dubai / WAM Kairat Lama Sharif, the Ambassador of Kazakhstan to the UAE, has emphasised the importance of strong UAE-Kazakhstan relations, revealing that UAE investments in Kazakhstan have surpassed AED2 billion, according to the Kazakhstani Ministry of Investment and Development. He elaborated that trade exchange recorded US$135 million by the end of 2015. Lama Sharif said that Kazakhstan is willing ...

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• 28 February

  AUH sees 2.15mn passengers

  Abu Dhabi / Emirates Business Abu Dhabi Airports has reported a 14.1% increase in passenger traffic at Abu Dhabi International Airport (AUH) for January 2016 compared to the same period last year. A total of 2,154,241 people travelled through AUH last month. “The remarkable growth of Abu Dhabi as a global destination for business and leisure has catalyzed the corresponding ...

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• 28 February

  Cartier Awards churns out women leaders

  

  ALKESH SHARMA Emirates Business Female entrepreneurs considerably identify importance of business networks to build contacts, gain resources and reduce isolation prior to business plan validation, while 5,200 new jobs have been created by the women-led businesses the Cartier Women’s Initiative Awards have supported in the last few years. These findings were put on table by the Abu Dhabi-based Insead Business ...

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• 28 February

  Sharjah Islamic Bank posts AED409.9mn profit in 2015

  

  Sharjah / WAM Sharjah Islamic Bank’s ordinary general assembly meeting has approved a cash dividend of 10 percent of the nominal value of the shares, following the bank’s announcement of a net profit of AED409.9 million in 2015. This represents an increase of nine percent, compared to the AED 377.2 million profit reported in 2014. The announcement was made during ...

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• 28 February

  Sharjah Islamic Bank posts AED409.9mn profit in 2015

  

  Sharjah / WAM Sharjah Islamic Bank’s ordinary general assembly meeting has approved a cash dividend of 10 percent of the nominal value of the shares, following the bank’s announcement of a net profit of AED409.9 million in 2015. This represents an increase of nine percent, compared to the AED 377.2 million profit reported in 2014. The announcement was made during ...

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