August, 2016

• 29 August

  Breitling’s new dial ready for take off

  

    Emirates Business Luxury Swiss watchmaker and aviation chronograph specialist, Breitling has announced the arrival of an all-new version of the Chronoliner model. Now ready for take-off in the Middle East market, the Chronoliner Blacksteel teams a high-tech ceramic bezel with a black steel case, along with a matching dial and rubber strap. Providing a technical and elegant uniform for …

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• 29 August

  Sharjah Expo Centre posts robust first half growth

  

    Sharjah / Emirates Business Expo Centre Sharjah, the region’s premier exhibition organiser & events venue, has reported strong performance in the first half of 2016, registering an impressive rise in the number of events held and increase in visitor turnout. According to H1 2016 figures, Expo Centre Sharjah (ECS) hosted 15 consumer & trade exhibitions and conferences as against …

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• 29 August

  TCA, Abu Dhabi Airports team up for summer season

  

    Emirates Business Abu Dhabi Summer Season (ADSS) will be taken to new heights into September after organisers Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi) teamed up with Abu Dhabi Airports to promote the emirate-wide entertainment extravaganza. ADSS has already brought some fantastic shows and activities to venues across the emirate, including master illusionist Jamie Raven, a Dinosaur …

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• 29 August

  French pavilion to host digital tech at GITEX

  

    Dubai / Emirates Business The French Tech pavilion, a Business France initiative, will be hosting 22 French exhibitors and start-ups that specialize in digital technology at this year’s GITEX in DWTC’s Hall 4 and the new Zabeel Hall from 16 – 20 October. With the help of Business France, the exhibitors will be amongst an estimated 500 start-ups attending …

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• 29 August

  Mashreq strengthens team

    Emirates Business The UAE’s leading financial institution, Mashreq, announced that Christophe Pella has been named Head of its Asset Management unit and CEO of Mashreq Capital (DIFC) Ltd. The appointment of Pella is subject to regulatory approval. Pella arrives from London, where he most recently served as a Global Rates Portfolio Manager at Legal & General Investment Management (LGIM). …

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• 29 August

  du Agent 055 Network continues to empower UAE youth

  

    Emirates Business Following the success of last year’s Agent 055 Network activation, du is once again offering ambitious UAE youth the chance to whet their appetites for entrepreneurship. This year’s initiative will be more dynamic than ever before, immersing young wannabe entrepreneurs in the business world and looking more toward talent recruitment. This initiative enables du to further strengthen …

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• 29 August

  Iran’s move dims oil freeze prospect

  

    Bloomberg Iran’s plan to keep boosting crude production until it regains its OPEC market share is dimming prospects of collective action by major producers to freeze output, according to Patrick Allman-Ward, chief executive officer of Dana Gas PJSC. “I’m not overly optimistic about an oil freeze being agreed,” Allman-Ward said in a Bloomberg Television interview in Dubai on Sunday. …

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• 29 August

  Doha airport brings in passenger tax

    Reuters Qatar’s government will levy a new airport tax on passengers from Tuesday as the country seeks new revenue streams amid falling oil prices. Every passenger leaving Qatar from Doha’s Hamad International Airport, including transit passengers, will be charged 35 riyals ($9.61) for using airport facilities, according to a statement by the airport. The charge will apply to tickets …

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• 29 August

  QNB gets go-ahead to open branch in India

  

    Reuters Qatar National Bank (QNB) has been given approval to open a branch in India offering banking services, the Gulf region’s largest lender said on Sunday. The bank, which in June completed the 2.7 billion euro purchase of Turkey’s Finansbank, has a presence in more than 30 countries across Europe, the Middle East, Africa and Asia. In a statement, …

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• 29 August

  Barzan gas project to start in November

    Reuters Qatar will begin operations at its Barzan gas project in November, two people close to the matter told Reuters on Sunday, as the Gulf state strives to meet rising domestic energy demand as it prepares to host the soccer World Cup in 2022. The $10 billion project, a RasGas-operated joint venture between Qatar Petroleum and Exxon Mobil, was …

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