Dubai / Emirates Business Since the announcement of visa free travel for Emiratis to Ireland in early 2018, dnata Travel, the UAE’s longest-standing travel provider, has experienced a 63.5% overall increase in year on year travel from the UAE to Ireland. The report showed a dramatic 55% increase in travel arrangements made within 14 days in advance of travelling, including ...
Read More »Splash ‘life after fashion’ campaign benefits underprivileged people
Dubai / Emirates Business A pioneering sustainability initiative introduced by leading retail brand, Splash, which encouraged householders to recycle their old clothes, resulted in over 11 tonnes of clothes being collected. Some of the collected items were distributed amongst underprivileged communities in Africa. The ‘Life After Fashion†campaign saw Splash working closely with UAE-based laundry firms to communicate message of ...
Read More »Millennial loyalty isn’t enough: Brands want love
Bloomberg Gone are the days when the only goal of a company was to persuade you to buy its product. Now, making you feel kinship with a brand—even love—takes precedence. At least, that’s what a group of influential startups believe. Eyewear maker Warby Parker, makeup seller Glossier, mattress retailer Casper—all of these companies are “direct-to-consumer†brands largely born on the ...
Read More »FAB surges as it seeks to raise foreign ownership
Bloomberg First Abu Dhabi Bank PJSC jumped on optimism the lender will follow regional peers and raise the foreign-ownership limit on its stock. The shares climbed as much as 5.8 percent in Abu Dhabi before paring gains to 1.8 percent. The ADX General Index added 0.6 percent, with FAB shares adding the most to the increase. The United Arab Emirates’ ...
Read More »Senaat to serve as co-host sponsor of ‘Energy Congress’
Dubai / Emirates Business The UAE Organising Committee of the 24th World Energy Congress announced signing an agreement with Senaat, one of the UAE’s largest industrial investment holding companies, to serve as co-host sponsors for the 2019 Congress. The agreement was signed by Dr Matar Al Neyadi and Eng Jamal Salem Al Dhaheri at Saint Regis Abu Dhabi. Aligning with ...
Read More »Agthia profit reaches AED211mn in 2018
Abu Dhabi / Emirates Business Agthia Group PJSC, one of the UAE’s leading food and beverages companies, reported preliminary and unaudited resu- lts for fiscal year that ended on December 31, 2018. Fiscal year net profit increased to AED211 million, growing 2.1 percent over the previous year. The group posted AED2 billion in revenues. When several non-repeating items are excluded ...
Read More »Market Access program fosters business tie-ups
Dubai / Emirates Business Leading companies in the UAE have announced new partnerships with several start-ups that were selected as part of the third cycle of Dubai Startup Hub’s Market Access programme. During a ceremony held recently at Dubai Chamber’s premises, Emirates Post Group announced its intention to work with Safe Driving Network on a pilot project testing the startup’s ...
Read More »New book on ‘Celebrating Tolerance’ in UAE launched
ABU DHABI / WAM To coincide with the historic visits to the UAE by His Holiness Pope Francis and His Eminence the Grand Imam of Al Azhar Al Sherif, a new book celebrating the country’s diversity was launched on Sunday. Published by Dubai-based Motivate Publishing and entitled ‘Celebrating Tolerance: Religious Diversity in the United Arab Emirates’, the book was launched ...
Read More »Costa Rica ‘guest of honour’ at WGS
Dubai / WAM Costa Rica’s Vice President Epsy Campbell Barr will head his ministerial delegation as the Guest of Honour to the seventh World Government Summit (WGS 2019), in Dubai. Costa Rica is one of the three guest countries this year, alongside Estonia and Rwanda. In recent years, Costa Rica has sought to integrate happiness and quality of life into the ...
Read More »Mohamed bin Zayed welcomes Pope Francis
Abu Dhabi / WAM His Holiness Pope Francis, head of the Catholic Church, arrived in Abu Dhabi on Sunday evening to begin his historic visit to the United Arab Emirates. He was received at the airport by His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and His ...
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