April, 2018

• 14 April

  Deyaar revenues, profit up 25%

  DUBAI / WAM Deyaar on Saturday announced its preliminary unaudited financial results for the first quarter of 2018, ending on March 31, 2018. Deyaar reported a year-on-year increase in revenues by nearly 25 percent to over AED176 million for the first quarter of 2018, compared to AED142 million last year. Deyaar reported a healthy rise in net profit by more ...

  Read More »
• 14 April

  Sharjah Islamic Bank receives ISO certification

  SHARJAH / WAM Sharjah Islamic Bank (SIB) has been awarded the ISO 27001 Certification, and is among few in the region to have been given this accolade. ISO 27001 is a globally recognised standard for “Information Security Management System” and provides the accreditation on SIB’s security practices to customers, regulators, partners and other stakeholders and ensures that SIB is aligned ...

  Read More »
• 14 April

  Saudi, Chinese firms sign contract to build 4th phase of Dubai solar park

  

  SHANGHAI / WAM Saudi Arabia’s ACWA Power and China’s Shanghai Electric have signed an Engineering, Procurement, and Construction (EPC) contract for the 700MW fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park. Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority (DEWA), said, “I am pleased to be here today (Saturday) in Shanghai ...

  Read More »
• 14 April

  FAHR event to host 500 experts from HR sector

  Dubai / Emirates Business Under the patronage of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, the 8th edition of FAHR International Conference begins this Monday, at the Jumeirah Emirates Towers Hotel in Dubai. The FAHR International Conference & Exhibition is the Middle East’s largest government HR event held by the Federal Authority for ...

  Read More »
• 14 April

  Dafza all set to highlight growing opportunities within halal sector

  

  Dubai / Emirates Business The Dubai Airport Freezone Authority (DAFZA) is taking part in the Alimentaria 2018 Exhibition, the international business event geared towards professionals in the food, drinks and gastronomy industry, being held from April 16-19 at the Gran Via Venue – Barcelona. DAFZA will be showcasing its wide range of services and offerings in the Halal sector, and ...

  Read More »
• 14 April

  ECall system mandatory in 2021 vehicle models

  

  ABU DHABI / WAM The UAE Cabinet last week adopted the technical regulations for the emergency communication system in vehicles ‘ECall’, (UAE.S 5019: 2018) issued by the Emirates Authority for Standardisation and Metrology (ESMA), which aims to reduce the response time for vehicles involved in traffic accidents by up to 40 percent. Commenting on the announcement, Abdullah Al Maeeni, Director-General ...

  Read More »
• 14 April

  DP World partners with Al Jalila ‘volunteer service’

  

  Dubai / Emirates Business As part of its community service commitments, DP World, UAE region is partnering with Al Jalila Children’s Specialty Hospital’s volunteer programme, becoming the first UAE based organisation to do so. Al Jalila Children’s Specialty Hospital is the first dedicated children’s hospital set up in the UAE, created under the directive of HH Sheikh Mohammed Bin Rashid ...

  Read More »
• 14 April

  Sharaf Exchange unveils digital loyalty programme

  Dubai / Emirates Business Sharaf Exchange, a premier exchange house operating for 22 years in the UAE and Bebuzzd, a multi-store digital loyalty/customer retention programme based in Dubai, announced their strategic partnership on Sharaf Exchange’s exciting new customer loyalty program – Usrati. Usrati offers unparalleled benefits to members including a large number of deals and offers, emergency flight ticket coverage ...

  Read More »
• 14 April

  UAE safe haven for investors: VP

  

  Dubai / WAM Investors’ trust in the UAE business environment reflects the country’s resilient and diversified economy, said His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, affirming that the UAE boasts a unique model of economic development that has positioned the country as a safe global haven for ...

  Read More »
• 14 April

  Dubai cruise terminal doubles influx of tourists

  

  DUBAI / WAM DP World continues to boost the capabilities of Dubai’s cruise tourism sector, setting the city as a premier international cruise destination. The Dubai Cruise Terminal at Port Rashid, operated by DP World, welcomed 625,000-holidaymakers in 2016-2017 cruise tourism season, doubling the 320,000 cruise visitors that arrived in Dubai in the 2013-2014 season. Key to this growth is ...

  Read More »