January, 2018

• 21 January

  AAAID to host investment meet at AgraMe 2018 in Dubai

  

  Dubai / WAM A recent agreement has been signed with the Arab Authority for Agricultural Investment and Development (AAAID), to host their Affiliate Companies’ Meeting for the first time ever in Dubai. The meeting will take shape in the style of a conference, which will be held at the AgraME exhibition on March 7. AgraME is a global agricultural exhibition, ...

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• 21 January

  Intersec opens in Dubai

  

  Dubai / Emirates Business Taking place until January 23, the three-day event features 1,337 exhibitors from 59 countries, covering 60,000sqm of space at the Dubai International Convention and Exhibition Centre (DICEC), a five percent increase over the previous year. More than 5,000 brands are on show across seven focus areas of Commercial Security, Fire & Rescue, Safety & Health, Homeland ...

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• 21 January

  Al Hilal Bank bags ‘best CSR in Islamic banking UAE’ award

  ABU DHABI / Emirates Business Al Hilal Bank was awarded the “Best CSR in Islamic Banking UAE” Award for its Child Safety CSR Campaign by CPI Financial, a leading financial publication in the Middle East. Alex Coelho, CEO of Al Hilal Bank received the award on behalf of the bank from Saleh Al Akrabi, Chairman CPI Financial and CEO DIFC ...

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• 21 January

  AMAF inaugurates AED8mn endowment project in Dubai

  

  Dubai / Emirates Business Marking the commencement of ‘Year of Zayed’, Awqaf and Minors Affairs Foundation (AMAF) on Sunday inaugurated the first endowment residential and commercial project in Al Bada’a area of Dubai, funded by an endowment from Khalaf Ahmad Al Habtoor, Chairman of Al Habtoor Group. Proceeds from the project will be allocated to AMAF’s general charity mandate. His ...

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• 21 January

  Emirates Palace appoints Martin Cramer as new GM

  ABU DHABI / Emirates Business Emirates Palace appointed Martin Cramer as the hotel’s new General Manager. With a distinguished career in hospitality spanning over 30 years, Cramer brings a wealth of experience to Abu Dhabi’s iconic property. Commenting on his appointment, Cramer said, “Emirates Palace is a jewel among hotels, a symbol of exemplary luxury and hospitality excellence around the ...

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• 21 January

  Air Arabia adds Izmir to Turkey network

  

  Sharjah / Emirates Business Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier (LCC), announced that, from June 2, it will become the first airline to connect the UAE and the Turkish city of Izmir with a direct flight. Izmir, which is the third largest city in Turkey, joins Istanbul, Antalya, Bodrum and Trabzon as the ...

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• 21 January

  Omniyat awards Transguard AED14.5 million FM deal

  

  DUBAI / Emirates Business Dubai-based property developer, Omniyat, appointed Transguard Group, the UAE-based business services provider, to handle facilities management (FM) services across its portfolio of commercial Business Bay properties, including The Opus, which was designed by internationally-renowned architect, the late Dame Zaha Hadid, DBE. Under the terms of the three-year, AED14.5 million contract, mechanical, electrical and plumbing (MEP) maintenance, ...

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• 21 January

  Abu Dhabi Airports receives two pearl Estimada ratings

  

  Abu Dhabi / WAM Abu Dhabi Airports announced the receipt of two ‘Pearl ratings’ from Estidama, for the construction of two of its latest facilities, the District Cooling Plan of the Midfield Terminal (MTB), and the fire station at Sir Bani Yas Island Airport. The objective of the Pearl Building Rating System (PBRS), from Estidama, an initiative from the Department ...

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• 21 January

  India mulls plan to bring iron, coal under steel ministry

  

  Bloomberg India is considering a plan to hand over control of iron ore and coking coal mining to the steel ministry to boost supplies of the key steelmaking materials as the country is poised to become the world’s second-biggest producer, according to a person with knowledge of the plan. The proposal to shift the regulatory authority from the current mines ...

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• 21 January

  Smartphone boom in China hamper iPhone X sales

  

  Bloomberg A closely watched Apple Inc. analyst has whacked about 23 percent off his initial projections for iPhone X shipments, citing weak Chinese demand. Apple should move 62 million units of its most expensive smartphone over its lifetime, down from an earlier estimate of 80 million, Kuo Ming-chi of KGI Securities wrote in a note. Kuo’s was the latest in ...

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