May, 2018

• 2 May

  ADFD launches third cycle of internal excellence award

  

  Abu Dhabi / Emirates Business Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, on Wednesday launched the third cycle of its Internal Excellence Award. In line with the Abu Dhabi government’s strategy to promote excellence across government and public sector institutions in the emirate, the award reaffirms the Fund’s commitment to encouraging innovation and creativity ...

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• 2 May

  Strata, Italian company to collaborate in aerospace sector

  

  Abu Dhabi / Emirates Business Strata Manufacturing PJSC (Strata), the advanced composite aerostructures manufacturing company wholly owned by Mubadala Investment Company PJSC (Mubadala), signed a Cooperation Agreement (CA) with Dema SpA, the Italian aerospace company headquartered in Naples. The agreement will enable Strata and Dema SpA to create a roadmap that will enable both companies to transfer knowledge and exchange ...

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• 2 May

  Mashreq leads Stanbic Kenya loan syndication for $100mn

  DUBAI / Emirates Business Mashreq bank, the UAE’s leading financial institution closes a $100 million dual tranche syndicated term facility for Stanbic Kenya Bank Limited (Stanbic Bank Kenya) – a subsidiary of the Standard Bank Group (SBG). The transaction closed nearly two and a half times oversubscribed. Mashreq, the sole coordinating bank and book-runner for Stanbic Bank Kenya’s fourth international ...

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• 2 May

  Impact of VAT in UAE under focus at Noor Bank meet

  

  DUBAI / Emirates Business Noor Bank, one of the leading Shari’a-compliant banks in the UAE, on Wednesday announced the launch of the Noor Business Council (NBC), which is a thought leadership platform. Bringing together SMEs and large corporate clients of Noor Bank, the NBC has been designed to serve as a platform to discuss topics relevant to the business landscape, ...

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• 2 May

  dnata gets IATA certification for pharma-handling processes

  

  Dubai / Emirates Business Global air services provider, dnata, has been certified by IATA’s Center of Excellence for Independent Validators in Pharmaceutical Logistics (CEIV Pharma) for its pharma-handling processes and facilities in Dubai. The CEIV Pharma was created by IATA to provide a globally consistent and recognized pharmaceutical product handling certification that focuses on airfreight and temporary storage. The stringent ...

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• 2 May

  Future Blockchain Summit opens

  

  Dubai / Emirates Business Future Blockchain Summit, the world’s largest blockchain festival, hosted by Smart Dubai and organised by Dubai World Trade Centre (DWTC), opened its doors on Wednesday. From a world-class line up of speakers to game-changing signings, experts from around the world have come to Dubai – the future blockchain capital of the world. During her keynote speech ...

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• 2 May

  Unicef names Sharjah as ‘Child-Friendly City’

  

  Sharjah / WAM In a groundbreaking achievement for the UAE, Sharjah has been named a ‘Child- Friendly City’ (CFC), by the United Nations Children’s Fund (UNICEF), in recognition of its outstanding efforts and accomplishments in the protection and promotion of children’s rights. The accolade comes just three years after the emirate was named ‘Baby-Friendly City’ by the UN and World ...

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• 2 May

  DBWC promotes role of women in UAE’s labour market

  

  DUBAI / WAM The Dubai Business Women Council (DBWC), received a delegation from the University Leadership Consortium (ULC), to discuss coordinating joint efforts and exchange skills and expertise. This came during a meeting at the Dubai Chamber of Commerce and Industry headquarters, which was attended by Dr Raja Al Gurg, President of the DBWC, and a number of board members ...

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• 2 May

  Passenger traffic at DXB up 4.5 percent in March

  Dubai / WAM Passenger traffic at the Dubai International (DXB), grew year on year by 4.5 percent, after 7.85 million passengers travelled through the airport during the month of March. Taking into consideration the Easter holiday period, passenger figures climbed from 7,511,431 during the same period in 2017, to 7,852,501 in March of this year. Overall passenger numbers are up ...

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• 2 May

  Jafza exhibits capabilities at Automechanika

  

  Harvard / WAM Jebel Ali Free Zone, the region’s premier business and logistics hub is showcasing its auto sector capabilities at the 16th Automechanika Dubai show, which opened at the Dubai World Trade Centre (DWTC) on Tuesday. Jafza has reinforced its position as the location of choice for the industry handling over a fifth of Dubai’s total automotive trade worth ...

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