August, 2017

• 26 August

  Dubai Ladies Club ‘open day’ honours elderly Emirati women

  

  DUBAI / Emirates Business Dubai Ladies Club, a member of Dubai Women Establishment, on Saturday hosted an Open Day for all Emirati women to mark the occasion of Emirati Women’s Day. The Open Day had a line-up of activities to celebrate the health and wellbeing of guests through a wide range of fitness and recreational exercises, including a special event …

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• 26 August

  RTA to procure 554 hybrid taxis in push to cut pollution

  

  DUBAI / WAM The Board of Executive Directors of the Roads and Transport Authority (RTA) has endorsed a contract for procuring 554 environment-friendly hybrid vehicles. These vehicles, which are fitted with a combination of fuel engine and electric motors, currently constitute about 11 percent of the fleet of the Dubai Taxi Corporation (DTC). The move is part of a master …

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• 26 August

  FTA website to guide businesses, consumers on UAE excise tax, VAT

  

  Dubai / WAM The Federal Tax Authority (FTA) launched its website, providing businesses and consumers with a wealth of information on the upcoming introduction of excise tax and VAT in the UAE. The FTA website includes information about the Authority, as well as the introduction of the different types of indirect taxes in the country, the legislations regulating them, and …

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• 26 August

  Musanada to deliver new schools in Abu Dhabi, Al Ain on time

  

  ABU DHABI / WAM Abu Dhabi General Services Company (Musanada) revealed that scheduled delivery is on track for the construction of six schools in the emirate of Abu Dhabi, two of which are on Abu Dhabi island and four in Al Ain, during the period from April to September 2017. The project, in cooperation with Abu Dhabi Education Council (ADEC) …

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• 26 August

  ‘Sharjah National Hotels’ records over 70 percent occupancy in first half

  SHARJAH / WAM Sharjah National Hotels Company, a subsidiary of Sharjah Islamic Bank (SIB), recorded a strong performance during the first half of this year, confirming the emirate’s position as a preferred destination for families. The company reported an average of more than 70 percent occupancy during the first six months of 2017. A strong performance during the first half …

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• 26 August

  Trend Micro to provide tech support to ADSIC, partners

  

  ABU DHABI / Emirates Business The Abu Dhabi Systems and Information Centre (ADSIC), has signed a strategic partnership MoU with the leading global cybersecurity company Trend Micro, to provide advanced software solutions to 84 entities within Abu Dhabi’s e-Government. As part of the MoU, Trend Micro will provide cybersecurity services to boost the general security environment of ADSIC and its …

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• 26 August

  Damac villas to feature Cavalli designs

  

  Dubai / Emirates Business DAMAC Properties, a leading luxury real estate developer in the region, has announced a collaboration with the Roberto Cavalli Group to launch the world’s first villas to feature interiors with the “Just Cavalli” signature-style. Located in one of Dubai’s most prestigious golf communities, the luxury villas perfectly embody the designer’s bold and iconic styling and ethos, …

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• 26 August

  EU to UK: Irish peace not a bargain chip

  

  Bloomberg European Union officials warned Britain not to make peace in Ireland a bargaining chip in their bid for a post-Brexit UK-EU trade deal. With talks on the UK’s withdrawal from the bloc scheduled to resume next week, officials in Brussels said they wanted Theresa May’s government to come up with more ideas to keep the border between Northern Ireland …

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• 26 August

  Square opens first ‘brick and mortar’ store to lure sellers

  Bloomberg Jack Dorsey’s latest bet is positively old-school. Square Inc., the mobile payments processor run by Dorsey, unveiled its first physical store to offer hands-on support for merchants using its technology and showcase some of their wares. To most passersby, the cozy space looks like any other boutique store in Manhattan’s Nolita neighbourhood, with eclectic merchandise for sale like handmade …

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• 26 August

  Hudson’s Bay shares two-month high, at $9.18

  

  Bloomberg Hudson’s Bay Co., the owner of the Saks Fifth Avenue and Lord & Taylor chains, spiked as much as 14 percent after Reuters reported the company is reviewing its strategic options. The department-store company, which has already hired an investment bank as it responds to pressure from activist shareholder Land & Buildings Investment Management LLC, plans to hire an …

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