Dubai / EMIRATES BUSINESS British representation at Cityscape Global this week almost doubled year on year, as developers compete for Middle Eastern investment amid the post-Brexit vote and a period of uncertainty. With the three-day real estate exhibition drawing to close on Thursday, UK developers reported good levels of interest across the board from GCC investors. Underlining the increased ...
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September, 2016
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8 September
Caracal signs MoU with S Korean Dong In Optical
DUBAI / WAM Caracal International, an Abu Dhabi-based arms manufacturing company, has signed a Memorandum of Understanding, MoU, with Dong In Optical (DI Optical) of South Korea to establish close technical cooperation between two manufacturers. Hamad Salem Al Ameri, CEO of Caracal, and Jung In, CEO of DI Optical, signed the agreement during their participation at the DX Korea ...
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8 September
Foreigners buy shares worth AED862.8million on DFM
DUBAI / WAM Foreign investors purchased AED862.8 million worth of shares on the Dubai Financial Market (DFM) and sold AED880 million over the week, DFM said on Thursday. Net foreign investment on the market reached AED17.2 million as aggregate sale. Value of shares bought by foreigner investors comprised 42 percent of the total value of stocks traded during the ...
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8 September
Dubai Future Accelerators lures international experts
Dubai / EMIRATES BUSINESS The Dubai Future Accelerators Programme has attracted international experts John Bradford and Paul Smith. Both amassed extensive experience and boast an impeccable track record in managing the biggest business accelerators around the world. Saif Al Aleeli, CEO of Dubai Future Foundation said, “Selecting them to be a part of the team is a testament to ...
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8 September
Petroleum sector must look at new energy landscape
ABU DHABI / WAM Oil and gas giants are calling for greater industry collaboration and an increased focus on operational efficiency, as global energy leaders prepare to gather in the UAE capital for the upcoming Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC 2016) in November. Established as the world’s most influential exhibition and conference for the oil and ...
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8 September
DEWA takes part in Photovoltaica 2016
CASABLANCA / WAM Dubai Electricity and Water Authority (DEWA) is participating in the 2nd International Solar Energy Exhibition and Conference, Photovoltaica, which is organised under the patronage of H M King Mohammed VI of Morocco from September 7-9. In his speech at the conference, Saeed Mohammed Al Tayer, MD and CEO of DEWA, said, “Today, UAE-Moroccan relations are growing ...
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8 September
UAE and Egypt discuss ways to bring peace, security to region
Cairo /Â WAM President of the Arab Republic of Egypt, Abdel Fattah El Sisi, received on Thursday at Al-Ittihadiya Palace, HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, and his accompanying delegation. During the meeting, they discussed cooperation between the UAE and Egypt, issues of mutual concern, and the latest regional and international developments. ...
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8 September
Mohammed issues resolution on formation of Board of DIMC
Dubai /Â WAM In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE HH Sheikh Mohammed bin Rashid Al Maktoum issued Resolution No. (13) of 2016 on the formation of the Board of Dubai International Marine Club. Pursuant to the Resolution, the new Board is chaired by Ahmad Saeed bin Meshar. The other members of ...
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8 September
Dubai Customs rolls out ‘Reading is Life’ online library
Dubai / WAM The Corporate Communication Department of Dubai Customs, DC, launched a new project aiming to promote the culture of reading and research amongst the DC community. The “Reading is Life” project will be implemented by establishing an online library accessible to all booklovers via Dubai Customs’ intranet website. Employees can explore detailed summaries of selected Arabic and international ...
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8 September
Emirates NBD hosts employee wellness fair across UAE
Dubai / Emirates Business Emirates NBD Group, a leading financial institution in the region, held its inaugural Employee Wellness Fair for thousands of employees across the United Arab Emirates. With over 33 partners ranging from hospital and clinics to gym and yoga centers, Emirates NBD Group hosted various activities and knowledge sharing workshops across its premises including its offices ...
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