June, 2016

• 8 June

  Cyber-attack biggest worry for global enterprises

  

    ALKESH SHARMA / Emirates Business Nearly 48 percent companies globally consider cyber-attack the major impediment in the smooth flow of their operations. It is closely followed by confidential data breach (41 percent) and unplanned IT and telecom outage (35 percent) that could hamper the day-to-day working of the enterprise. These startling facts have been revealed in the findings of ...

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• 8 June

  Nurturing goals, shaping journeys

  

    RITIKA SHARMA / Emirates Business Sophia Fromell is an executive coach specialising in guiding entrepreneurs and business corporations to achieve the results they want. A certified coach, she navigates entrepreneurs and teams in corporate world to change their lives and progress towards genuine contentment by understanding who they really are and utilising their full potential to achieve their professional ...

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• 8 June

  Offering high-quality innovative smartphones

  

    Our Correspondent EMIRATES BUSINESS XTOUCH is a leading smartphone brand in EMEA region, providing high-quality and innovative products at affordable price. XTOUCH proudly presents as a Dubai-based brand, with headquarter in Dubai and sales operations across Europe, Middle East & Africa. XTOUCH is focusing on building a win-win solution for the consumers, and providing cost-efficient products that beyond expectation ...

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• 8 June

  MIST’s new tool to boost solar power technology

  

    ABU DHABI / WAM The Masdar Institute of Science and Technology (MIST) faculty discovered a novel way to significantly increase the amount of sunlight that a solar absorber can convert into heat. By converting more of the solar energy that reaches the Earth’s surface into heat in a low-cost way, the solar absorber can help make sustainable technologies that ...

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• 8 June

  UAE, Thailand non-oil trade hits $5.2 billion

  

    Abu Dhabi / Emirates Business A report issued by the Ministry of Economy reveals that non-oil trade – inclusive of free zone activities – between the UAE and Thailand amounted to USD 5.2 billion in 2015. The report mentioned premium raw aluminum, ornaments and precious metals as the main exports from Thailand, with cars and vehicles for transport of ...

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• 8 June

  Emirates NBD Securities wins honours

  

    Dubai / Emirates Business Emirates NBD Securities, the brokerage arm of Emirates NBD and a leading brokerage firm in the UAE, was honoured with the Outstanding Risk Management Excellence Award 2016 at the Middle East Financial Markets Excellence Awards. The brokerage firm was praised for its world standard quality systems and highest grade security platforms, and sophisticated eBrokerMobile app ...

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• 8 June

  DBG to sell 48.36% SHUAA stake to ADFG

    DUBAI / WAM Dubai Banking Group (DBG), a subsidiary of Dubai Group, and Abu Dhabi Financial Group (ADFG) have reached an agreement whereby DBG will sell its 48.36% interest in SHUAA Capital PSC (‘SHUAA’) to ADFG. The completion of the sale is subject to regulatory approvals. Through its subsidiaries, ADFG has widespread expertise and experience across its core sectors, ...

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• 8 June

  Dubai Chamber hosts food export briefing

  DUBAI / WAM As part of its efforts to promote Dubai as an attractive business destination and to familiarise overseas companies with the emirate’s business environment, the Dubai Chamber of Commerce and Industry recently concluded its Food Import Trade Mission to Azerbaijan and Georgia, highlighting the requirements and conditions of exporting foodstuffs to Dubai. During the trade mission, Dubai Chamber ...

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• 8 June

  Saudi weighs income tax on expat workers

  

      Bloomberg Saudi Arabia is considering a plan to tax millions of foreign residents as the kingdom seeks to reduce its reliance on oil revenue after the plunge in crude prices. The proposal was included in the country’s National Transformation Plan, an ambitious multi-year program released this week. But the tax element is only “an initiative that will be ...

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• 8 June

  Iran to seek investors for $3bn refinery project

    Bloomberg Iran will seek international investors for a $3 billion refinery project in the country’s south as the Persian Gulf nation looks to boost sales of its oil and natural gas products in Asia. The refining complex on Iran’s Persian Gulf coast will seek to raise as much as 80 percent of the capital needed from international partners or ...

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