April, 2019

• 29 April

  Emaar Malls Q1 profit up 7%

  DUBAI / Emirates Business Emaar Malls recorded an increase in net profit by 7 percent to AED584 million ($159 million) during the first quarter (January to March) of 2019, compared to the net profit of AED548 million ($149 million), during the first-quarter (January to March) of 2018. Revenue for the first three months of 2019 reported a growth of 4 ...

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• 29 April

  Deal signed to launch cost of doing business index for SMEs in Dubai

  

  DUBAI / WAM Dubai SME, the agency of the Department of Economic Development (DED), mandated to develop the small and medium enterprise (SME) sector, has signed a memorandum of understanding (MoU) with the Dubai Chamber of Commerce and Industry, to launch an index that will evaluate the cost of doing business for SMEs in Dubai. The MoU was signed by ...

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• 29 April

  Sharjah Airport welcomes 3.15m passengers in Q1

  SHARJAH / WAM Sharjah Airport announced its 2019 first quarter results during Arabian Travel Market event, registering over 3.156 million passengers. The increased number of passengers highlighted a recorded growth of 9.56 percent in passenger movement, compared to the same period in 2018 which registered 2.880 million passengers. It also revealed developments and projects that expect to increase capacity and ...

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• 29 April

  Etisalat partners with CBD for co-branded smiles credit card

  

  Dubai / Emirates Business Etisalat and Commercial Bank of Dubai (CBD) on Monday announced their partnership to launch a co-branded CBD-Etisalat credit card. The new card will be available in two variants – Visa Platinum and Visa Signature – and will be UAE’s pre-eminent ‘Lifestyle’ credit card offering cardholders the fastest way to earn points on Etisalat’s award-winning Smiles platform. ...

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• 29 April

  Air Arabia introduces ‘SkyTime’

  SHARJAH / WAM Sharjah-based Air Arabia announced the launch of its new complimentary in-flight entertainment system ‘SkyTime’ that allows passengers to live stream digital content on smartphones, tablets or laptops while traveling with the carrier. The new innovative entertainment system is now available across Air Arabia’s fleet. Commenting on the launch, Adel Al Ali, Group Chief Executive Officer of Air ...

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• 29 April

  Now, pay Dubai government fees and fines in installments

  

  DUBAI / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, issued Executive Council Resolution No. 05 of 2019 approving the payment of select Dubai government fees and fines in instalments. The Resolution aims to support individuals and entities in fulfilling their financial obligations and enhance the process of ...

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• 29 April

  Swiss firm opens new R&D facility in Dubai Science Park

  

  Dubai / Emirates Business Dubai Science Park (DSP), a holistic science-focused business community, announced that it has entered an agreement with its existing business partner Firmenich, the UAE branch of the world’s largest privately owned fragrance and flavour company, to build a new facility within the hub. Set for completion in Q4 2020, the 38,064 square feet built-to-suit (BTS) project ...

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• 29 April

  Tolerance values is a social responsibility for all in UAE

  

  ABU DHABI / WAM The values of tolerance are a social responsibility for every individual in the country, affirmed His Highness. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation and Chairman of the Education and Human Resources Council. During the Council’s meeting, held at the Zayed University campus in Abu Dhabi, His Highness said that ...

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• 29 April

  UAE offers world an advanced model for governance, says VP

  

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE  and Ruler of Dubai, said that the UAE offers the world an advanced model for governance centred on ensuring the happiness of its people and improving their quality of life. Sheikh Mohammed’s comments came as he honoured winners of the second ...

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• 29 April

  Hamdan bin Rashid inaugurates M-Station extension in Jabel Ali

  

  DUBAI / WAM HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance and President of Dubai Electricity and Water Authority (Dewa), inaugurated the extension project of M-Station in Jebel Ali, the largest power and water desalination plant in the UAE. With the construction of the extension, the total cost of M-Station reached AED11.669 billion while ...

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