October, 2016

• 26 October

  Azizi Developments launches AED470mn project

  

    Dubai / Emirates Business Azizi Developments, a leading UAE-based real estate developer with global reach into international markets, announced its newest project in the emerging Dubai Healthcare City: Azizi Aliyah. The fully-serviced residence, a B+G+2P+14+R structure, is Azizi Developments’ first project in Dubai Healthcare City, conveniently located between Burj Khalifa and the future tallest skyscraper in the world, The …

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• 26 October

  Shurooq outlines key investment opportunities for Russian firms

  

    Sharjah / WAM The array of opportunities for Sharjah and Russia to do business was the topic of discussion at a roundtable event organised by the Sharjah Investment and Development Authority (Shurooq) at the Sharjah Chamber of Commerce and Industry on Wednesday. More than 100 businesspersons and representatives of Sharjah-based Russian companies attended the meeting, which was aimed at boosting …

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• 26 October

  Etisalat Group posts net profit of AED6.2bn in first nine months

  

    Abu Dhabi / WAM The Etisalat Group reported a net profit of AED6.2 billion for the first nine months of 2016, an increase of 9 percent compared to same period last year. The consolidated financial statements issued on Wednesday show that consolidated revenues of the group amounted to AED13.2 billion and increased year-over-year by 3 percent. Similarly consolidated net profit …

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• 26 October

  TRA asks telecom retailers to avoid selling fake devices

    Al Ain / WAM The Telecommunications Regulatory Authority (TRA) has called on telecommunications devices retailers to avoid selling unapproved and unlicensed devices in the country and make sure these devices have authentic stickers provided by suppliers before selling them to customers. The TRA has made the warning during an awareness workshop organised in Al Ain City in collaboration with the …

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• 26 October

  Dubai Customs bags six awards at Ideas America

    DUBAI / WAM Dubai Customs (DC) won two golds, one silver, and three bronze medals at the 74th Ideas America 2016 Summit, held recently in Atlanta, Georgia. The department also bagged certificates of appreciation and praise from the organising body. Sultan Ahmed bin Sulayem, Chairman of DP World and Chairman of Ports, Customs and Free Zone Corporation, commented, “Excellence is …

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• 26 October

  Over 80 percent of Dubai people are happy: Study

  

    Dubai / Emirates Business Eighty three percent of people in Dubai consider themselves happy today, and 95% predict that they will be happy 5 years from now, according to a study released by the Smart Dubai Office at the first meeting of the ‘Happiness Champions’ for the Smart Dubai Happiness Agenda. Her Excellency Dr Aisha bin Bishr, Director General …

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• 26 October

  DMCA launches new ‘Maritime Dubai’

  Dubai / Emirates Business As part of the ongoing initiatives to cement Dubai’s leadership in the global maritime map, the Dubai Maritime City Authority (DMCA) launched its new ‘Maritime Dubai’ initiative. Placed under the management of ‘Dubai Maritime Cluster Office,’ the initiative seeks to sustain the local maritime sector’s exceptional achievements and lay the foundation for a new phase of …

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• 26 October

  Gulf Navigation to expand fleet

  

    Dubai / Emirates Business Gulf Navigation Holding PJSC is expanding the company’s fleet through a strategic long-term partnership with Wuchang Group, China’s heavy industry giant. The decision was made at Gulf Navigation Holding’s latest board meeting. The move aims to meet the increasing demand for transferring chemicals from the UAE and other GCC countries to global markets. The signing …

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• 26 October

  Curtains down on NATRANS exhibition

  

    Abu Dhabi / Emirates Business NATRANS Expo successfully concluded its second edition at the Abu Dhabi National Exhibition Centre on Wednesday. The event was held under the patronage of His Excellency Dr. Abdullah Belhaif Al Nuaimi, Minister of Infrastructure Development, and Chairman of the Federal Transport Authority – Land and Maritime. The exhibition hosted more than 1,000 participants over …

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• 26 October

  Trump’s America would look like India of 1991

  

    Donald Trump may never have an opportunity to put his nationalist economic ideas into practice, but they are almost certain to outlive his campaign. Many workers have come to believe that free trade kills jobs and that they and the U.S. economy overall would be better off if more stuff was made at home rather than in China or …

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