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Dubai / Emirates Business Emirates NBD on Wednesday announced the signing of an agreement to offer clearing services to UAE-based brokerage firm Shurooq Stocks and Bonds. Emirates NBD is the first UAE-based financial services entity to be approved by the Securities and Commodities Authority, SCA, as a ‘General Clearing Member’ providing clearing and settlement services to trading participants of the ...

Ajman / WAM HH Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman, has issued Emiri Decree No. 28 of 2017 on the establishment of the Ajman Statistics and Competitiveness Centre, which is effective from the date of signing. The Decree, which included 16 articles on the definitions and legislations, stipulates that a centre called the Ajman Statistics and ...

Abu Dhabi / WAM Abu Dhabi Airports signed on Wednesday a Memorandum of Understanding (MoU), between Abu Dhabi International Airport (AUH), and Beijing Capital International Airport (BCIA), to become sister airports, strengthening the cooperation and ties between the two international aviation hubs. Abdul Majeed Al Khoori, Acting Chief Executive Officer of Abu Dhabi Airports and Liu Xuesong, Chairman of BICA ...

Abu Dhabi / WAM The Sheikh Zayed Grand Mosque has received 440,000 worshipers of various nationalities from inside and abroad during the month of November, according to the mosque’s centre. The Sheikh Zayed Grand Mosque Centre in a report also mentioned the visits of a number of Arab and foreign top officials, who paid tribute to the late Sheikh Zayed ...

ABU DHABI / Emirates Business Miral announced on Wednesday the appointment of BAM International as it’s chosen main contractor for the arena, plaza, and nearby retail and F&B spaces planned for the upcoming Yas Bay development. The development of the arena has started earlier this year, and is scheduled for completion by end of 2019. The arena is part of ...

Dubai / WAM Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), received Goktug Gur, President and CEO of Philips Lighting in the Middle East and Turkey; and Samir Al Aref, Commercial Director. During the meeting, Al Tayer welcomed the delegation, and explained DEWA’s work including its activities, development, and the continuous progress in its ...

Abu Dhabi / WAM The Board of Directors of the Sheikh Zayed Housing Programme on Wednesday approved housing support for 449 eligible Emiratis with a total value AED322 million. The housing support is part of the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, and the Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh ...

Dubai / Emirates Business Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, announced that it has upgraded to the latest international standards set by leading certifications firm International Standards Organization (ISO). The Dubai-based district cooling company has undergone rigorous evaluation and received the upgraded ISO9001:2015 certification for qualitymanagement and ISO14001:2015 for its environmental management system. ...

Bloomberg Homeowners in states with the highest property taxes are looking to prepay 2018 bills ahead of a $10,000 cap on the deduction for state and local levies, including property taxes, in the GOP tax overhaul President Donald Trump just signed. In New York, residents are peppering local officials with questions about how to prepay their 2018 property tax bills ...

Bloomberg / Emirates Business UK Prime Minister Theresa May refused to rule out running for another term in 2022 as she shrugged off suggestions that 2017 has been the worst year of her political career. The other 27 leaders in the EU agreed in December 2017 that “sufficient progress” had been made to allow Brexit talks to proceed to the ...