May, 2017

• 9 May

  Abdullah welcomes participation of New Zealand in Expo 2020

    Abu Dhabi / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has held a telephone conversation with Gerry Brownlee, Minister of Foreign Affairs of New Zealand, congratulating him on his appointment as the New Zealand Foreign Minister. During the telephone conversation, Sheikh Abdullah expressed his happiness as New Zealand announced that it …

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• 9 May

  ERC sponsors over 7,000 Somali orphans

    Abu Dhabi / WAM The Emirates Red Crescent (ERC), has held a ceremony for 7,692 orphans sponsored by the organisation in Khartoum, attended by Hamad Mohammed Humaid Al Junaibi, UAE Ambassador to the Republic of Sudan, and a number of Sudanese Ministers and officials. During the event, the orphans and their guardians received over AED33.8 million in aid which was deposited …

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• 9 May

  MoI’s e-game to raise awareness on UAE history

  

    Abu Dhabi / WAM An innovative e-game dubbed ‘Zayed The Leader’ was officially launched by HH Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, at the Ministry of Interior (MoI) premises on Tuesday to promote awareness among youngsters about the UAE history and its establishment at the hands of late Sheikh Zayed …

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• 9 May

  Underwriting Managers set to be licensed by SCA

    Abu Dhabi / WAM The Securities and Commodities Authority (SCA) has requested all entities wishing to administer public subscription to get a prior licence from SCA. The licence can be easily obtained by contacting the department concerned at the authority, said SCA in a circular distributed on May 7 to stock companies operating in the country, underlining the necessity that …

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• 9 May

  AED2.6bn City Centre Al Zahia to open its doors in 2020

  

    SHARJAH / Emirates Business Strategically located at the intersection of Sheikh Mohammed bin Zayed Road and University Road, City Centre Al Zahia is a super-regional mall of 136,200 sqm of gross leasable area. The super-regional mall will address the shopping and leisure needs of the residents of Sharjah, Northern Emirates and Al Zahia, an award-winning residential destination with six …

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• 9 May

  SEDD and EPG discuss e-linking of economic activities

    SHARJAH / WAM Sharjah Economic Development Department (SEDD) and Emirates Post Group (EPG) have discussed prospects of e-linking economic activities related to postal system between the two organisations. The idea was discussed at a meeting between Sultan Abdullah bin Hadda Al Suwaidi, Chairman of SEDD and delegation from Emirates Post Group, led by Obaid Al Qatami, Acting Chief Commercial …

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• 9 May

  Sheraa, Crescent to develop social entrepreneurship

  

    Sharjah / Emirates Business As part of its commitment to supporting the growth of socially-conscious entrepreneurs in the region, Sheraa – a launch pad for aspiring entrepreneurs in the United Arab Emirates – has entered in to an exclusive strategic partnership with Crescent Enterprises, the founding partner for Sheraa’s social entrepreneurship track, to co-create initiatives that develop the region’s …

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• 9 May

  Dubai Customs updates smart valuation system

  

    DUBAI / WAM Dubai Customs has updated its valuation system to provide more advanced services to clients to serve the vision of Dubai becoming the smartest city in the world. With this in mind, Dubai Customs regularly updates and automates its processes and applications, delivering added value to its clients and reaffirming Dubai’s position as a preferred hub for …

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• 9 May

  China stock shakeout creates most divided market in 15 years

  

    Bloomberg All Chinese stock indexes are not equal. As Beijing intensifies a campaign to clean up markets and reduce leverage, state-owned enterprises that dominate old growth industries, such as banks and commodity producers, have been among the worst hit, while new-economy shares remain in favor among overseas investors. That’s led to a yawning gap between the nation’s two main …

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• 9 May

  Saudi gets boost from Jarir’s strong Q1 results

  

    DUBAI / Reuters Shares of companies that beat quarterly earnings estimates outperformed on Tuesday with electronics and bookstore retailer Jarir helping lift the mood on the Saudi Arabian exchange. Markets across the region rose modestly in thin trade. Shares of Jarir surged 6 percent to 141.0 riyals in the heaviest volumes in two weeks after it reported a 26.5 …

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