October, 2017

• 16 October

  Etihad Airways awards IBS Software a multi-year contract

  

  ABU DHABI / Emirates Business IBS Software (IBS) has been selected by Etihad Airways for implementing its award winning cargo management solution, iCargo. The multi-million dollar, multi-year contract was signed in Abu Dhabi. The engagement will see iCargo system manage the airline’s air cargo sales and operations worldwide, automating its network-wide booking, pricing and capacity management functions with real-time revenue ...

  Read More »
• 16 October

  President issues federal law for regulation of veterinary products

  

  DUBAI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued Federal Law No. 09 of 2017 regulating the handling, trading, marketing and circulation of veterinary products considering its direct impact on animal and public health, as well as the environment at large. The move emphasises the critical role of veterinary medicines and related products in animal ...

  Read More »
• 16 October

  UAE vows to promote human rights at UN

  NEW YORK / WAM The UAE has expressed its unwavering commitment to promoting and protecting human rights within the domestic legal framework, stressing it’s commitment to continue serving as a pioneering model for change in the region, as well as an active member of the international community. A statement, at the General Debate of the Third Committee of the United ...

  Read More »
• 16 October

  ENEC highlights ‘safety culture’ at WorldSkills 2017

  

  ABU DHABI / WAM The Emirates Nuclear Energy Corporation (ENEC) said that health and safety are on top of its priorities, highlighting the importance of safety culture, which comes as part of ENEC’s role as official Safety Partner and National Gold Partner for the event. This commitment is demonstrated by ENEC’s team of ‘Health and Safety Ambassadors’ at WorldSkills Abu ...

  Read More »
• 16 October

  Madi International backs WorldSkills

  Emirates Business Madi International, the leading distributor of internationally renowned professional beauty brands in the GCC, has extended its support to the first Middle-East WorldSkills Competition being organized in Abu Dhabi. Madi is sponsoring competitions for Hair, Skin and Nail Care in the event. Mohammed Madi, President of Madi International Group said, “There should be no barriers to lifelong learning. ...

  Read More »
• 16 October

  Barco expands footprints in Dubai

  

  Dubai / Emirates Business The MEA division of global technology company Barco has announced the expansion of its Demo and Training Center based in Dubai Media City’s Concorde Tower. The new Barco Experience center was officially inaugurated on Monday by Her Excellency Dominique Mineur, Belgian Ambassador to the UAE, in the presence of Eric Brouwers, Vice President MEA, Barco. The ...

  Read More »
• 16 October

  Dubai South, DQG sign deal to strengthen mutual cooperation

  Dubai / WAM Dubai South and Dubai Quality Group (DQG) signed a Memorandum of Understanding (MoU) to strengthen their cooperation in exchanging expertise, enhancing quality and excellence, developing institutional performance, and providing mutual support. In line with the MoU, the parties have committed to work together towards elevating institutional performance and adopting quality standards and excellence in the former’s initiatives ...

  Read More »
• 16 October

  Mashreq posts AED1.7bn net profit in nine months

  

  Dubai / Emirates Business Mashreq, one of the leading financial institutions in the UAE, on Monday reported its financial results for the first nine months ending September 30, 2017. The net profit for 9M 2017 stood at AED1.7 billion, a 12% increase YoY. The impairment allowance was down by 30% YoY, while operating expenses were lower by almost 2% on ...

  Read More »
• 16 October

  ADFD team reviews progress of AED423mn projects in Albania

  Abu Dhabi / Emirates Business A technical delegation from the Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, visited Albania to review the status of three of its financed ventures – the Tirana River Rehabilitation project, Tirana River Northern Boulevard project, as well as the Tirana-Elbasan Road project. During the visit, the delegation toured the ...

  Read More »
• 16 October

  UAB records AED50 million gains

  SHARJAH / WAM The United Arab Bank (UAB) announced its financial results for the nine months ended September 30, 2017, reporting a net profit of AED50 million. The performance in the third quarter reflects continued positive traction against the Bank’s Transformation Strategy set out in H2, 2015 to become a safer, stronger and sustainable Bank. The bank continued to strengthen ...

  Read More »