July, 2016

• 30 July

  DEWA requires Ejari for activation of utility services

  

    Dubai / WAM Dubai Electricity and Water Authority (DEWA) requested all its customers to provide their Ejari certificates from the Dubai Land Department (DLD) before activation of water and electricity services. This initiative is in line with DEWA’s efforts to achieve the vision of Dubai Government that aims at enhancing the concept of transparency in the government sector, by ...

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• 30 July

  UAE to witness 4% economic growth in 2017

  

    Dubai / EMIRATES BUSINESS Project activity in the UAE is forecast to recover in 2017 after a difficult 2016 on the back of a strong recovery in economic growth, according to a new report from Middle East business intelligence service MEED. MEED’s annual UAE Outlook Report for 2016 says that a recovery in oil prices combined with growing public ...

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• 30 July

  Musanada, ADEC complete schools rehabilitation project in Western Region

    ABU DHABI / WAM Abu Dhabi General Services Company (Musanada) has announced that rehabilitation works of Khonoor and Al Huweiteen Schools are almost completed and that both schools would eventually be handed over to Abu Dhabi Education Council (ADEC) at the start of the new 2016/2017 academic year. This comes as part of Musanada’s efforts to realise the vision ...

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• 30 July

  Emirates Auction, Al Jalila pact to boost humanitarian work

    DUBAI / WAM Emirates Auction, the world leading company in hosting, organising and managing public auctions of all kinds, and Al Jalila Foundation, the leading institution in support of education and research in the medical sector, signed a cooperation agreement that aims at consolidating their partnership in organising and conducting auctions dedicated to humanitarian work in line with the ...

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• 30 July

  Dubai Police, Mashreq tie up for ‘smart’ payments

  

    Dubai / Emirates Business Mashreq — one of the UAE’s leading financial institutions — has partnered with the Dubai Police to provide unique and innovative payment acceptance services to the UAE public. This comes as part of the Dubai smart city and smart government vision of HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of ...

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• 30 July

  The Big Heart Foundation feeds Gaza strip

  

    Sharjah / Emirates Business Sharjah-based humanitarian project The Big Heart Foundation (TBHF) has teamed up with the United Nations World Food Programme (WFP) to meet the vital food needs of 17,000 of the poorest non-refugees in the Gaza Strip for one month. Through this partnership TBHF will help WFP transfer funds in the form of food electronic cards to ...

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• 30 July

  Thrilling driving experience for Mercedes owners at Yas Marina

  

    Abu Dhabi / Emirates Business Emirates Motor Company (EMC), the Mercedes-Benz authorized distributor in the emirate of Abu Dhabi and the flagship company of Al Fahim Group, has announced that customers who have purchased any AMG after June 1 will receive vouchers to participate in three different AMG experiences at Yas Marina Circuit until December: the Mercedes-AMG GT Experience, ...

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• 30 July

  Saudi vision aims at ‘digital’ push

  

    Riyadh / TNS In the context of the drop in oil prices, which has caused a level of disruption and re-prioritization of development agendas in Saudi Arabia and across the GCC, there is a move on the part of regional governments to look at new models for national revenue through economic diversification planning. On its part, Saudi Arabia has ...

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• 30 July

  New e-portal to enhance Saudi real estate services

    Jeddah / TNS The Ministry of Housing has launched Etmam e-portal to develop the real estate sector and facilitate its procedures. The e-portal is also aimed at creating an attractive opportunity to increase the volume of investments in the sector from within and outside the Kingdom in a manner that will accelerate the pace of work in housing projects. ...

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• 30 July

  DNO makes $300mn bid for oil producer Gulf Keystone

  

    Bloomberg DNO ASA, the oil explorer focused on Iraq’s Kurdistan, offered to pay $300 million for regional peer Gulf Keystone Petroleum Ltd., which just completed a debt-restructuring deal with bondholders. DNO’s cash and share offer represents a 20 percent premium to the price of 1.09 cents at which Gulf Keystone proposed issuing shares to bondholders on July 14, the ...

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