TimeLine Layout

October, 2016

  • 18 October

    BlackRock profit jumps 3.8% in third-quarter

      Bloomberg BlackRock Inc., the world’s largest money manager, said third-quarter profit rose 3.8 percent as the firm cut costs while assets under management increased. Net income increased to $875 million, or $5.26 a share, from $843 million, or $5, a year earlier, according to a statement on Tuesday. Adjusted earnings of $5.14 a share beat the $4.98 average estimate ...

    Read More »
  • 18 October

    Role of asset-management firms key to clean bad loans

      Bloomberg Chinese central bank Deputy Governor Fan Yifei talked up the importance of asset-management firms created to clean up bad loans at a briefing on Sunday, saying that they played a key role in reducing corporate leverage. Speaking in Beijing at the launch of a restructured China Orient Asset Management, a bad-loan manager backed by the Finance Ministry and ...

    Read More »
  • 18 October

    UN adopts approach to sustainable urban agenda with UAE backing

      QUITO / WAM The 193 countries of the United Nations, represented by over 30,000 delegates, on Monday night adopted a milestone new approach to sustainable urban development, with prominent assistance from the United Arab Emirates. Cities now represent around 80% of global GDP, and by 2050 are expected to grow in population from 3.9 billion in 2014 to 6.3 billion ...

    Read More »
  • 18 October

    Mohammed launches campaign to preserve national heritage

      Dubai / WAM Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum announced the launch of the national campaign ‘Let’s Preserve the Legacy’ and extended an open invitation to the community to contribute historical items to the Etihad Museum, which will be officially inaugurated during the UAE National Day ...

    Read More »
  • 18 October

    IDEX, NAVDEX pavilion a big hit at Euronaval expo in France

      Abu Dhabi / WAM The Abu Dhabi National Exhibition Centre pavilion showcasing the 2017 editions of the International Defence Exhibition and Conference (IDEX) and Naval Defence Exhibition (NAVDEX) drawn high interest from key decision makers and delegates attending Euronaval 2016, the leading maritime defence show currently underway in Paris, France. Humaid Matar Al Dhaheri, Acting Group CEO of Abu Dhabi National ...

    Read More »
  • 18 October

    Malabar Gold & Diamonds’ new campaign to ‘brighten-up’ Diwali

      Dubai / Emirates Business Malabar Gold & Diamonds’ the prominent global jewellery retailer unveils the ‘Delightful Diwali’ campaign in United Arab Emirates commencing from today. This season, Malabar Gold & Diamonds showcases the latest collection of gold, diamond & precious gems jewellery in their outlets, to celebrate this festive period. Malabar Gold & Diamonds give their customers an opportunity ...

    Read More »
  • 18 October

    Dubai among world’s leading innovation-driven cities

      Dubai / WAM Dubai has achieved the rank 16 place out of the 28 peer global cities which are currently considered the most prominent players in the field of innovation and creativity, registering an innovation rate of 39.14%. Dubai has also progressed to 11th place in the world for efficiency in innovation outputs, according to Dubai Chamber’s Innovation Index. The ...

    Read More »
  • 18 October

    Etihad expands Madrid route to daily operations

      Abu Dhabi / Emirates Business Etihad Airways on Tuesday announced its Abu Dhabi – Madrid route will operate daily with the introduction of three new flights each week, effective June 1, 2017. The additional frequencies underscore the airline’s commitment to offer guests greater choice and more travel options. Continuing to operate with a two-class Airbus A330-200 offering 22 Business ...

    Read More »
  • 18 October

    Middle East FireSafe Summit kicks off in Dubai

      Dubai / Emirates Business The 7th Annual Middle East FireSafe Summit, supported by Directorate General of Civil Defence-Dubai, kicked off on Tuesday at the Shangri-La Hotel, Dubai. The two-day summit will witness government bodies, fire safety institutions, trade bodies and global fire safety leaders coming together and staging a dialogue on achieving fire safety excellence in the region. Brigadier ...

    Read More »
  • 18 October

    Sharjah to hold promotional roadshow in India

      Sharjah / Emirates Business Sharjah Commerce and Tourism Development Authority (SCTDA) is preparing for a roadshow in India, covering the four major areas of Mumbai, Delhi, Chandigarh, and Bangalore, on October 17-21. The SCTDA delegation to the India includes representatives from Sheraton Hotel Resort, Ramada Hotel, Golden Tulip Hotel, Marbella Resort, Hotel Holiday International, Oceanic Hotel – KF, SATA ...

    Read More »
Send this to a friend