Date archive forSeptember, 2014
Eros Group applauds Dubai Customs for its exceptional clearance facilitations
By Staff writer On Tuesday, September 30th, 2014
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Eros Group applauds Dubai Customs for its exceptional clearance facilitations

Eros Group applauds Dubai Customs for its exceptional clearance facilitations  The Eros Group has expressed its appreciation for the services offered by Dubai Customs to all business sectors. Group officials stated More...

ADCB participates in Sibos and IMF meetings
By Staff writer On Tuesday, September 30th, 2014
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ADCB participates in Sibos and IMF meetings

ADCB participates in Sibos and IMF meetings Abu Dhabi Commercial Bank (ADCB) underlines its increasing role in international finance by attending conferences over the next two weeks in the U.S.. Sibos 2014 held More...

Shareholders stamp seal of approval on Amlak restructuring process
By Staff writer On Tuesday, September 30th, 2014
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Shareholders stamp seal of approval on Amlak restructuring process

Shareholders stamp seal of approval on Amlak restructuring process Shareholders of Amlak Finance PJSC at its Extraordinary General Meeting yesterday approved an increase in share capital of the company and agreed More...

Dr. Patrick Allman-Ward, CEO, Dana Gas
By Staff writer On Tuesday, September 30th, 2014
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Dana Gas Plans for Long Term Growth in Egypt

Dr. Patrick Allman-Ward, CEO, Dana Gas Dana Gas, the Middle East’s leading regional private sector natural gas company, on Monday announced that its wholly owned subsidiary, Dana Gas Egypt, has been awarded More...

Mohammed Al Zarooni, Chairman of World Free Zones Organisation (World FZO)
By Staff writer On Tuesday, September 30th, 2014
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World FZO chairman urges NAFTZ to tap its services

Mohammed Al Zarooni, Chairman of World Free Zones Organisation (World FZO) Chairman of World Free Zones Organisation (World FZO), U.A.E.’s Mohammed Al Zarooni, has called on members of the U.S. National Association More...

Ahmed bin Saeed opens Dubai International Project Management Forum
By Staff writer On Tuesday, September 30th, 2014
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Ahmed bin Saeed opens Dubai International Project Management Forum

Ahmed bin Saeed opens Dubai International Project Management Forum Under the auspices of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of the Executive Council, HH Sheikh Ahmed More...

Abu Dhabi to host the GCC Healthcare Innovation Congress in November
By Staff writer On Tuesday, September 30th, 2014
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Abu Dhabi to host the GCC Healthcare Innovation Congress in November

Abu Dhabi to host the GCC Healthcare Innovation Congress in November Abu Dhabi will host the GCC Healthcare Innovation Congress form 24-27 November 2014, where participants will provide innovative strategies to More...

Dr. Ahmad Belhoul, CEO of Masdar, and Abdullah Al Darmaki, CEO of the Khalifa Fund for Enterprise Development
By Staff writer On Tuesday, September 30th, 2014
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Masdar and Khalifa Fund for Enterprise Development join forces to boost Emirati entrepreneurship

Dr. Ahmad Belhoul, CEO of Masdar, and Abdullah Al Darmaki, CEO of the Khalifa Fund for Enterprise Development Masdar has signed a framework agreement with the Khalifa Fund for Enterprise Development with the goal More...

Ali Amiri, Executive Vice President Etisalat Carrier & Wholesale Services
By Staff writer On Tuesday, September 30th, 2014
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Etisalat UAE and MTS Russia to peer their roaming hubs

Ali Amiri, Executive Vice President Etisalat Carrier & Wholesale Services Etisalat today announced an agreement to ‘peer’ with Russian mobile operator, Mobile Tele Systems (MTS) enabling each to More...

Dubai Chamber of Commerce and Industry
By Staff writer On Tuesday, September 30th, 2014
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Dubai Chamber Study reveals key findings on GCC investments in African infrastructure

Dubai Chamber of Commerce and Industry  A study by the Dubai Chamber of Commerce and Industry has revealed that Gulf entities have provided at least US$30bn of funding, at current prices, to African infrastructure More...

Dubai's Food and Beverage Manufacturing Business Group (FBMG)
By Staff writer On Tuesday, September 30th, 2014
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Dubai’s FBMG endorses ‘unique business potential’ of Gulfood manufacturing

Dubai’s Food and Beverage Manufacturing Business Group (FBMG)  Dubai’s Food and Beverage Manufacturing Business Group (FBMG), anon-profit industry body for F&B manufacturers based in the Emirate, More...

Khamis Juma Buamim, Chairman of Drydocks World and Maritime World received the World Leader Business Person Certificate
By Staff writer On Tuesday, September 30th, 2014
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Drydocks World and Maritime World receive Outstanding Business Excellence Award

Khamis Juma Buamim, Chairman of Drydocks World and Maritime World received the World Leader Business Person Certificate Drydocks World and Maritime World, the international providers of maritime and offshore services More...

World Tourism Day
By Staff writer On Monday, September 29th, 2014
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Sharjah marks World Tourism Day

World Tourism Day Sharjah turned the spotlight on its picturesque East Coast by hosting the World Tourism Day, WTD, celebrations in the port city of Khorfakkan last Wednesday, with Khalid Jasim Al Midfa, Director More...

GOIC concludes project management programme workshop
By Staff writer On Monday, September 29th, 2014
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GOIC concludes project management programme workshop

GOIC concludes project management programme workshop The Gulf Organisation for Industrial Consulting (GOIC), has concluded the “Project Management Programme” training held at the Organisation’s headquarters More...

Emirates Steel showcases products to Indian Firms
By Staff writer On Monday, September 29th, 2014
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Emirates Steel showcases products to Indian Firms

Emirates Steel showcases products to Indian Firms  Emirates Steel, has concluded its participation at The Big 5 Construct India 2014 on a high note, attracting the attention of public and official visitors, including More...

Ahmed bin Saeed Al Maktoum rings NASDAQ Dubai bell to celebrate listing of US$500 million Emirates NBD bond
By Staff writer On Monday, September 29th, 2014
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Ahmed bin Saeed Al Maktoum rings NASDAQ Dubai bell to celebrate listing of US$500 million Emirates NBD bond

Ahmed bin Saeed Al Maktoum rings NASDAQ Dubai bell to celebrate listing of US$500 million Emirates NBD bond H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Emirates NBD, today rang the market-opening bell to More...

US dollar, Kuwaiti dinar
By Staff writer On Monday, September 29th, 2014
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US dollar rises to KD 0.288 against Kuwaiti dinar

US dollar, Kuwaiti dinar The exchange rate of the US dollar against the Kuwaiti dinar rose to KD 0.288 on Sunday while the euro dropped to KD 0.365 compared to Thursday’s rates. The Central Bank of Kuwait More...

Kuwait Stock Exchange
By Staff writer On Monday, September 29th, 2014
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KSE ends Sunday on mixed board

Kuwait Stock Exchange Kuwait Stock Exchange (KSE) ended Sunday’s trading on mixed board as the weighted index recorded 495.7 points, losing 1.37 points, the price index reached 7,661.05 points, gaining 5.48 More...

Chairman of Essa Murad, Amman Chamber of Commerce Speaking to Kuwait News Agency (KUNA)
By Staff writer On Monday, September 29th, 2014
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Kuwaiti-Jordanian commerical ties strong

Chairman of Essa Murad, Amman Chamber of Commerce Speaking to Kuwait News Agency (KUNA) Kuwaiti products are of high quality and are capable of competing against international products, said Chairman of Amman Chamber More...

Gold
By Staff writer On Monday, September 29th, 2014
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Gold pursues bearish trend

Gold Gold price continued bearish trend for the third consecutive week reaching USD 1,206 per ounce, affected with the dollar robust rate and bullish US stocks, according to Rajab Hamed, Chief Executive Officer More...

Saleh Al-Kuwari, Chairman of the CRA Sub-Committee
By Staff writer On Monday, September 29th, 2014
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CRA Issues Advertising Code to Monitor Telecom Promotions

Saleh Al-Kuwari, Chairman of the CRA Sub-Committee The Communications Regulatory Authority (CRA), as part of its mandate to protect consumers from misleading and unfair practices by telecommunications service providers, More...

Qatar Stock Exchange
By Staff writer On Monday, September 29th, 2014
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Qatar Exchange Index Drops 39.96 Points

Qatar Stock Exchange Qatar Exchange index continued its downward slide Sunday, dropping 39.96 points (-0.29%) when the bourse closed trading at 13,835.01 points from Thursday’s 13,874.97 points which was 57.33 More...

China world's biggest car consumer, producer
By Staff writer On Sunday, September 28th, 2014
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China world’s biggest car consumer, producer

China world’s biggest car consumer, producer More than 24 million vehicles will be sold this year in the world’s largest auto market, the China Association of Automobile Manufacturers (CAAM) has forecast. China’s More...

Dubai International Project Management Forum kicks off on Monday
By Staff writer On Sunday, September 28th, 2014
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Dubai International Project Management Forum kicks off on Monday

Dubai International Project Management Forum kicks off on Monday Under the patronage of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of the Executive Council, the Conventions More...

automotive sector trade in Jebel Ali Free Zone (Jafza)
By Staff writer On Sunday, September 28th, 2014
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Automotive sector trade in Jafza posts 400% growth

automotive sector trade in Jebel Ali Free Zone (Jafza) The automotive sector trade in Jebel Ali Free Zone (Jafza), the flagship free zone of Dubai and the U.A.E., has seen a whopping 4-fold growth in the last ten More...

Japanese delegation met  by Mohammed Juma Al Musharrakh, Head of Investment Promotion at Shurooq
By Staff writer On Sunday, September 28th, 2014
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Japanese renewable energy SME’s explore opportunities in Sharjah

Japanese delegation met by Mohammed Juma Al Musharrakh, Head of Investment Promotion at Shurooq The Sharjah Investment and Development Authority (Shurooq), recently at its headquarters in Sharjah, welcomed a delegation More...

Abu Dhabi International Airport ready to receive Etihad Airways' Airbus A380s in December
By Staff writer On Sunday, September 28th, 2014
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Abu Dhabi International Airport ready to receive Etihad Airways’ Airbus A380s in December

Abu Dhabi International Airport ready to receive Etihad Airways’ Airbus A380s in December James Hogan, President and CEO of Etihad Airways, has unveiled that the Abu Dhabi International Airport will receive More...

Emirates NBD Properties showcases iconic projects at Cityscape Global 2014
By Staff writer On Sunday, September 28th, 2014
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Emirates NBD Properties showcases iconic projects at Cityscape Global 2014

Emirates NBD Properties showcases iconic projects at Cityscape Global 2014 Emirates NBD Properties has showcased its award winning real estate portfolio at Cityscape Global 2014, the world’s largest networking More...

Kuwait Stock Exchange
By Staff writer On Sunday, September 28th, 2014
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KSE continues making profit

Kuwait Stock Exchange Kuwait Stock Exchange (KSE) has continued making profits amidst a state of optimism and confidence, an economic report said Saturday. Bayan Investment Company said in its report that the next More...

Economy and Commerce Minister Commends Qatar-US Relations
By Staff writer On Sunday, September 28th, 2014
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Economy and Commerce Minister Commends Qatar-US Relations

Economy and Commerce Minister Commends Qatar-US Relations HE the Minister of Economy and Commerce Sheikh Ahmed bin Jassim bin Mohammed Al-Thani has praised the evolving relations between Qatar and the United States, More...

Qatar Development Bank (QDB)
By Staff writer On Sunday, September 28th, 2014
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QDB Organizes Meetings Between Qatari Exporters and Moroccan Importers

Qatar Development Bank (QDB) Qatar Development Bank (QDB) will organize joint meetings for Qatari exporters and Moroccan importers during the period from September 30 to October 2 aimed to enhance trade cooperation More...

QP and Total Celebrate Achievements in Joint R&D Project
By Staff writer On Sunday, September 28th, 2014
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QP and Total Celebrate Achievements in Joint R&D Project

QP and Total Celebrate Achievements in Joint R&D Project Qatar Petroleum (QP) and Total’s joint acid stimulation research project has reached a key phase through the successful installation of the QP Dual More...

Sheikh Sabah Khaled Al-Hamad Al-Sabah, Kuwait's First Deputy Prime Minister and Foreign Minister meets Turkish FM
By Staff writer On Saturday, September 27th, 2014
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Sheikh Sabah Al-Khaled meets Turkish FM

Sheikh Sabah Khaled Al-Hamad Al-Sabah, Kuwait’s First Deputy Prime Minister and Foreign Minister meets Turkish FM Kuwait’s First Deputy Prime Minister and Foreign Minister Sheikh Sabah Khaled Al-Hamad More...

Sheikh Sabah Khaled Al-Hamad Al-Sabah, First Deputy Prime Minister and Foreign Minister  meets with Ditmir Bushati, Albanian Foreign Minister
By Staff writer On Saturday, September 27th, 2014
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Sheikh Sabah Al-Khaled meets Albanian FM

Sheikh Sabah Khaled Al-Hamad Al-Sabah, First Deputy Prime Minister and Foreign Minister meets with Ditmir Bushati, Albanian Foreign Minister  First Deputy Prime Minister and Foreign Minister Sheikh Sabah Khaled More...

Sheikh Abdullah bin Zayed Al Nahyan, Foreign Minister
By Staff writer On Saturday, September 27th, 2014
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Abdullah bin Zayed meets President of Somalia

Sheikh Abdullah bin Zayed Al Nahyan, Foreign Minister Foreign Minister H.H. Sheikh Abdullah bin Zayed Al Nahyan met on Friday at the sidelines of the 69th UN General Assembly meetings with President Hassan Shaikh More...

Sheikh Tamim bin Hamad Al-Thani
By Staff writer On Saturday, September 27th, 2014
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HH the Emir Meets Turkish President

Sheikh Tamim bin Hamad Al-Thani HH the Emir Sheikh Tamim bin Hamad Al-Thani met with President of the Republic of Turkey Recep Tayyip Erdogan at The Peninsula Hotel in New York. During the meeting, the two leaders More...

12th Edition of Project Qatar to be Held Next May
By Staff writer On Saturday, September 27th, 2014
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12th Edition of Project Qatar to be Held Next May

12th Edition of Project Qatar to be Held Next May Doha will host the 12th edition of Project Qatar from 4 – 7 May 2015, at the Qatar National Convention Centre (QNCC). The 12th International Construction Technologies More...

Mohamed Hassad, Moroccan Minister of Interior  met here on Friday with Abdullah bin Falah bin Abdullah Al-Dosari, Qatar's Ambassador to Morocco
By Staff writer On Saturday, September 27th, 2014
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Moroccan Interior Minister Meets Qatari Ambassador

Mohamed Hassad, Moroccan Minister of Interior met here on Friday with Abdullah bin Falah bin Abdullah Al-Dosari, Qatar’s Ambassador to Morocco Moroccan Minister of Interior Mohamed Hassad met here on Friday More...

GGC-US Ministerial Meeting
By Staff writer On Saturday, September 27th, 2014
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Qatari Foreign Minister Participates in Joint GGC-US Ministerial Meeting

GGC-US Ministerial Meeting Qatari Minister of Foreign Affairs HE Dr. Khalid bin Mohammed Al-Attiyah participated in the Joint Ministerial Meeting of the GCC countries with the United States, which was held Thursday More...

Minister of Economy and Commerce Reviews Investment Opportunities in Qatar
By Staff writer On Saturday, September 27th, 2014
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Minister of Economy and Commerce Reviews Investment Opportunities in Qatar

Minister of Economy and Commerce Reviews Investment Opportunities in Qatar HE the Minister of Economy and Commerce Sheikh Ahmed bin Jassim Al-Thani reviewed today with presidents and directors of major American More...

Sheikh Abdullah bin Saud Al-Thani, Governor of Qatar Central Bank (QCB) and Zhou Xiaochuan, Governor of People's Bank of China (China's central bank)
By Staff writer On Saturday, September 27th, 2014
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Qatar Central Bank’s Governor Meets Chinese Counterpart

Sheikh Abdullah bin Saud Al-Thani, Governor of Qatar Central Bank (QCB) and Zhou Xiaochuan, Governor of People’s Bank of China (China’s central bank) HE Governor of Qatar Central Bank (QCB) Sheikh Abdullah More...

Abu Dhabi International Airport ready to receive Etihad Airways' Airbus A380s in December
By Staff writer On Friday, September 26th, 2014
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Etihad Airways unveils new livery on first A380 aircraft

Etihad Airways, new A380 aircraft Etihad Airways, the national airline of the United Arab Emirates (UAE), today unveiled a stunning new livery design which will be introduced across its fleet. Created by leading More...

His Excellency Essa Kazim, Chairman, Dubai Financial Market, His Excellency Jamal Al Hai, Chairman, Marka (PJSC), and senior representatives from both sides attended the listing ceremony at DFM's trading floor.
By Staff writer On Friday, September 26th, 2014
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DFM welcomes listing of Marka

His Excellency Essa Kazim, Chairman, Dubai Financial Market, His Excellency Jamal Al Hai, Chairman, Marka (PJSC), and senior representatives from both sides attended the listing ceremony at DFM’s trading floor.  Dubai More...

DEWA inspects progress at region's largest eco-friendly green workshop
By Staff writer On Friday, September 26th, 2014
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DEWA organises Business Excellence Conference

Dubai Electricity and Water Authority (DEWA) Dubai Electricity and Water Authority, DEWA, has organised the Business Excellence Conference 2014 under the theme “Sustainable Excellence”. The conference More...

DAMAC Properties and ADCB sign mortgage facilities deal on AKOYA project
By Staff writer On Friday, September 26th, 2014
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DAMAC properties launches dedicated real estate initiative for UAE nationals

DAMAC Properties and ADCB sign mortgage facilities deal on AKOYA project One of Dubai’s largest luxury real estate developers, DAMAC Properties, is launching an exclusive product for U.A.E. nationals. The More...

DANS to invest AED9 million to upgrade world’s largest tower simulator
By Staff writer On Friday, September 26th, 2014
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DANS to invest AED9 million to upgrade world’s largest tower simulator

DANS to invest AED9 million to upgrade world’s largest tower simulator Dubai Air Navigation Services (DANS), as part of its strategy to remain at the cutting-edge of an increasingly technology-driven Air Traffic More...

Kuwait Stock Exchange
By Staff writer On Friday, September 26th, 2014
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KSE concludes week’s operations with gains

Kuwait Stock Exchange (KSE) All main indexes of Kuwait Stock Exchange (KSE) posted gains upon closing Thursday’s session with the weighted index reading 497.07, gaining 1.62 points and the price index settling More...

Oil
By Staff writer On Friday, September 26th, 2014
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Kuwait crude oil price down to USD 93.78 pb

Oil The price of Kuwait crude oil per barrel went down USD 0.15 to stand at USD 93.78 pb Wednesday compared to USD 93.93 the day before, said Kuwait Petroleum Corporation Thursday. In London, Brent November futures More...

Industrial, Commercial Bank of China opens Kuwait branch
By Staff writer On Friday, September 26th, 2014
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Industrial, Commercial Bank of China opens Kuwait branch

Industrial, Commercial Bank of China opens Kuwait branch Undersecretary of the Kuwaiti Ministry of Commerce and Industry Abdulaziz Al-Khaledi on Wednesday urged the Kuwaiti and Chinese businesspeople to capitalize More...

Qatar Stock Exchange
By Staff writer On Friday, September 26th, 2014
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Qatar Stocks Dip Slightly

Qatar Stock Exchange Qatar Exchange index declined by 57.33 points (-0.41%) when trading closed Thursday at 13,874.97 points. The trading value fell to QR 406.171 Million from QR 506.730 Million registered Wednesday. The More...

Al Khalij Commercial Bank (al khaliji)
By Staff writer On Friday, September 26th, 2014
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al khaliji Announced Bank of 2014

Al Khalij Commercial Bank (al khaliji) Al Khalij Commercial Bank (al khaliji) QSC has been announced as the ‘Bank of the Year 2014 in Qatar’, by the Arabian Business Award, a premier event in the regional business More...

DAFZA reports 31 pct increase in year-on-year net H1 2014 profit
By Staff writer On Thursday, September 25th, 2014
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DAFZA reports 31 pct increase in year-on-year net H1 2014 profit

DAFZA reports 31 pct increase in year-on-year net H1 2014 profit  Dubai Airport Freezone Authority (DAFZA) has announced a 31 per cent year-on-year increase in net profit and a 30 per cent increase in sales revenues More...

World Green Economy Summit returns to Dubai for second year in April 2015
By Staff writer On Thursday, September 25th, 2014
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World Green Economy Summit returns to Dubai for second year in April 2015

World Green Economy Summit returns to Dubai for second year in April 2015 Al Tayer also highlighted some of the key WGES 2015 participants at the press conference, including; Kandeh K. Yumkella, the United Nations More...

UAE Central Bank
By Staff writer On Thursday, September 25th, 2014
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Central Bank and banks operating in U.A.E. hold third quarterly meeting

Central Bank of the U.A.E. The Central Bank and banks operating in the U.A.E., today held their third quarterly meeting as part of the quarterly consultative meetings. The meeting was chaired by Mubarak Rashed Al More...

Gulfood manufacturing unveils MEA’s biggest-ever hosted buyer programme
By Staff writer On Thursday, September 25th, 2014
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Gulfood manufacturing unveils MEA’s biggest-ever hosted buyer programme

Gulfood manufacturing unveils MEA’s biggest-ever hosted buyer programme The inaugural Gulfood Manufacturing show is poised to generate significant inward investment in the region’s rapidly expanding F&B More...

Marka PJSC
By Staff writer On Thursday, September 25th, 2014
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Marka achieves milestone as company commences trading on Dubai Financial Market

Marka PJSC Marka PJSC, the first public joint stock company focused on the fast growing retail sector in the U.A.E. with a capital of AED500 million, will list its shares on the Dubai Financial Market (DFM) and More...

Mohammed Abdullah Al Gergawi, Chairman of the DIEDC Board
By Staff writer On Thursday, September 25th, 2014
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Dubai Islamic Economy Development Centre to launch State of Global Islamic Economy Report 2014

Mohammed Abdullah Al Gergawi, Chairman of the DIEDC Board The Dubai Islamic Economy Development Centre, DIEDC, in partnership with Thomson Reuters, has announced the date for the launch of its State of the Global More...

Emirates airline
By Staff writer On Thursday, September 25th, 2014
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Emirates Airlines reinforces commitment to Iran with one-off A380 service

Emirates Airline Emirates, a global connector of people and places, will operate a one-off Airbus A380 service to Imam Khomeini International Airport, Tehran, on 30th September 2014, in celebration of the launch More...

Shurooq concludes participation in Cityscape Global
By Staff writer On Thursday, September 25th, 2014
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Shurooq concludes participation in Cityscape Global

Shurooq concludes participation in Cityscape Global  The Sharjah Investment and Development Authority, Shurooq, has successfully concluded its participation in Cityscape Global 2014, the region’s leading More...

Kuwait Stock Exchange
By Staff writer On Thursday, September 25th, 2014
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KSE closes mixed for 3rd day in row

Kuwait Stock Exchange Kuwait Stock Exchange (KSE) closed Wednesday’s operations with the main indices being mixed for the third consecutive day. Weighted index read 495.45, losing 1.18 points, but the price More...

Masdar invests in offshore wind farm and expands presence in UK wind energy market
By Staff writer On Thursday, September 25th, 2014
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Masdar invests in offshore wind farm and expands presence in UK wind energy market

Masdar invests in offshore wind farm and expands presence in UK wind energy market Masdar, the Abu Dhabi renewable energy company, today announced its partnership with Norway’s Statoil and Statkraft in a 402MW More...

Julphar increases investment footprint across Africa
By Staff writer On Thursday, September 25th, 2014
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Julphar increases investment footprint across Africa

Julphar increases investment footprint across Africa  In a step that will expand its investments footprint in African markets, Julphar, the Emirati global pharmaceutical company, is sponsoring and participating More...

James Kaplan, Senior VP Development, Minor Hotel Group with Mohammed Al Habbai, Chief Officer of Urban Planning and Infrastructure at DPG
By Staff writer On Thursday, September 25th, 2014
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DP announces third project in unique Culture Village district

James Kaplan, Senior VP Development, Minor Hotel Group with Mohammed Al Habbai, Chief Officer of Urban Planning and Infrastructure at DPG Following the launch of its Dubai Wharf development earlier this week, real More...

US dollar, Kuwaiti dinar
By Staff writer On Thursday, September 25th, 2014
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USD steady against Kuwaiti Dinar at KD 0.287

US dollar, Kuwaiti dinar The USD exchange maintaned stability against the Kuwaiti Dinar Wednesday at KD 0.287, same as the euro exchange with KD 0.369 compared with Tuesday’s exchange rate. The Sterling exchange More...

Sultan Bin Saeed Al Mansouri, Minister of Economy
By Staff writer On Wednesday, September 24th, 2014
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Al Mansouri, US Secretary of Commerce discuss relations

Sultan Bin Saeed Al Mansouri, Minister of Economy U.A.E. Minister of Economy, Sultan bin Saeed Al Mansouri, has discussed with US Secretary of Commerce, Penny Pritzker, ways to strengthen bilateral relations between More...

Flydubai
By Staff writer On Wednesday, September 24th, 2014
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Moscow welcomes first flydubai flight

Flydubai  Dubai-based flydubai’s inaugural flight to Moscow landed today at Vnukovo International Airport and was welcomed with a traditional water cannon salute. flydubai’s delegation was headed by Ghaith More...

Paper Arabia 2014 closes on strong note, with a focus on use of eco-friendly and green technologies
By Staff writer On Wednesday, September 24th, 2014
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Paper Arabia 2014 closes on strong note, with a focus on use of eco-friendly and green technologies

Paper Arabia 2014 closes on strong note, with a focus on use of eco-friendly and green technologies Paper Arabia 2014 closed on strong note, with a focus on the use of eco-friendly and green technologies in the More...

NBAD reports record Q4 and Full Year 2014 results
By Staff writer On Wednesday, September 24th, 2014
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NBAD launches Shariah Dividend Fund

The National Bank of Abu Dhabi (NBAD) has launched NBAD Shariah MENA Dividend Leader Fund, which invests in select dividend-paying companies traded on the most promising MENA equities markets. The Fund is inspired More...

flydubai
By Staff writer On Wednesday, September 24th, 2014
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flydubai announces three routes in Tanzania

Dubai-based flydubai today announced the launch of flights to Dar es Salaam, Zanzibar and Kilimanjaro in Tanzania. Flights to the East African country will commence in October, expanding the airline’s network More...

Kuwait Stock Exchange
By Staff writer On Wednesday, September 24th, 2014
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KSE session closes with mixed indices

Kuwait Stock Exchange Main indices of the Kuwaiti bourse were mixed upon closing on Tuesday with the weighted and the KSX 15 indices down by 1.24, 5.03 points respectively while the price index was up by 1.78 points, More...

US dollar, Kuwaiti dinar
By Staff writer On Wednesday, September 24th, 2014
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USD steady against Kuwaiti Dinar at KD 0.287

US dollar, Kuwaiti dinar The USD exchange maintaned stability against the Kuwaiti Dinar Tuesday at KD 0.287, same as the euro exchange with KD 0.369 compared with Monday’s exchange rate. The Sterling exchange More...

Phillips to break up into two companies
By Staff writer On Wednesday, September 24th, 2014
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Phillips to break up into two companies

Phillips to break up into two companies Dutch electronics giant Philips Tuesday announced that it is to break itself up by creating two companies focusing on Health tech and lighting solutions. With 2013 sales of More...

oil barrel
By Staff writer On Wednesday, September 24th, 2014
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OPEC oil price rises, demand falls amid glut

oil barrel Price of the Kuwaiti crude oil, on Monday, rose 39 cents to USD 93.98 per barrel compared with USD 93.59 pb on Friday, Kuwait Petroleum Corporation (KPC) said on Tuesday. Demand in the international market, More...

Al Rayan Bank Shelves Plan to Acquire Stake in Libyan Bank
By Staff writer On Wednesday, September 24th, 2014
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Al Rayan Bank Shelves Plan to Acquire Stake in Libyan Bank

Al Rayan Bank Shelves Plan to Acquire Stake in Libyan Bank Al Rayan Bank has halted plans to acquire a stake in a commercial bank in Libya until a further notice or positive investment indications in the country More...

Dubai Duty Free Shopping Complex in Concourse A
By Staff writer On Tuesday, September 23rd, 2014
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US$ 1,750,000,000 and US$ 750,000,000 Equivalent Conventional and Islamic Financing Facilities – Re-pricing

Dubai Duty Free Shopping Complex in Concourse A Dubai Duty Free (DDF) is pleased to announce that it has successfully completed the repricing of its $1.75bn equivalent syndicated facility originally signed in July More...

Egg exports from Brazil to Arab countries up 28 per cent
By Staff writer On Tuesday, September 23rd, 2014
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Egg exports from Brazil to Arab countries up 28 per cent

Egg exports from Brazil to Arab countries up 28 per cent Egg exports from Brazil to Arab countries grossed US$ 16.5 million year-to-date through August, up 28per cent from the same period of 2013, according to figures More...

99.69% establishments complied with midday break decision
By Staff writer On Tuesday, September 23rd, 2014
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99.69% establishments complied with midday break decision: Ministry of Labour

99.69% establishments complied with midday break decision  The Ministry of Labour has announced that 96.69 percent private companies complied with this summer midday break, raising the level of commitment by the More...

Abu Dhabi Securities Exchange (ADX)
By Staff writer On Tuesday, September 23rd, 2014
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ADX participates in Arqaam Capital Investors Conference 2014

ADX participates in Arqaam Capital Investors Conference 2014 Abu Dhabi Securities Exchange (ADX) is participating in Arqaam Capital Investors Conference 2014 being held in Dubai. The conference brings together senior More...

High level Ecuadorian delegation aims to further strengthen Direct Investments from UAE
By Staff writer On Tuesday, September 23rd, 2014
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High level Ecuadorian delegation aims to further strengthen Direct Investments from UAE

High level Ecuadorian delegation aims to further strengthen Direct Investments from UAE Strengthening the direct investments between the U.A.E. and Ecuador, PRO ECUADOR – the Trade and Investment promotion More...

Turkish delegates visit HFZA to discuss mutual cooperation
By Staff writer On Tuesday, September 23rd, 2014
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Turkish delegates visit HFZA to discuss mutual cooperation

Turkish delegates visit HFZA to discuss mutual cooperation Saud Salim Al Mazrouei, Director of Hamiryah Free Zone Authority, HFZA, has invited Turkish companies to utilise the logistic advantages of the free zones More...

EBS reinforces growth plans in Kuwait
By Staff writer On Tuesday, September 23rd, 2014
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EBS reinforces growth plans in Kuwait

EBS reinforces growth plans in Kuwait Emirates Building Systems, EBS, a subsidiary of Dubai Investments, has reinforced its commitment to growth in Kuwait, with a strong focus on oil and gas, industrial and commercial More...

UAE Central Bank
By Staff writer On Tuesday, September 23rd, 2014
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UAE Central Bank holds workshop on implementing FATF recommendations

UAE Central Bank The Central Bank of the U.A.E. has recently held a workshop at the Central Bank branch in Dubai on “The Implementation of Forty Recommendations of the Financial Action Task Force (FATF) of More...

Dubai International Airport
By Staff writer On Tuesday, September 23rd, 2014
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Dubai International registers record 6.6 million passengers in August 2014

Dubai International Airport Passenger traffic at Dubai International has bounced back from a three-month slump resulting from a major runway upgrade project which concluded on July 20th to register a record 6.6 More...

Dubai
By Staff writer On Tuesday, September 23rd, 2014
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UAE is world’s third most attractive infrastructure investment market

Dubai The UAE is the third most attractive market in the world for investment in infrastructure, according to EC Harris, the global asset consultancy company. The UAE ranked third globally and second regionally More...

Abu Dhabi Finance sponsors 2014 Dubai Cityscape Exhibition
By Staff writer On Tuesday, September 23rd, 2014
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Abu Dhabi Finance sponsors 2014 Dubai Cityscape Exhibition

Abu Dhabi Finance sponsors 2014 Dubai Cityscape Exhibition  Abu Dhabi Finance, ADF, one of the U.A.E.’s premier providers of innovative, flexible and transparent residential and commercial mortgage products to More...

Al Zorah, ‘Golf Villas’
By Staff writer On Monday, September 22nd, 2014
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Al Zorah, UAE’s premier lifestyle and touristic destination, highlights luxurious ‘Golf Villas’ at Cityscape Global 2014

Al Zorah, ‘Golf Villas’ Highly exclusive collection of villas set over an 18-hole championship golf course Building on the philosophy of ‘Places for Life,’ Al Zorah is a lifestyle destination set amidst More...

His Highness sheikh Ahmad bin Saeed Al MAktoum visits falcon city of wonders hall at city scape global 2014
By Staff writer On Monday, September 22nd, 2014
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His Highness sheikh Ahmad bin Saeed Al MAktoum visits falcon city of wonders hall at city scape global 2014

His Highness sheikh Ahmad bin Saeed Al MAktoum visits falcon city of wonders hall at city scape global 2014 His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of the Department of Civil Aviation and Chairman More...

Indigo Properties will unveil “ZEN” - its biggest project ever at Cityscape
By Staff writer On Monday, September 22nd, 2014
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Indigo Properties will unveil “ZEN” – its biggest project ever at Cityscape

Indigo Properties will unveil “ZEN” – its biggest project ever at Cityscape Dubai Developer, Indigo Properties, with a history of over a decade of developing excellence in Residential and Commercial  More...

Agricultural Bank of China celebrates listing one billion renminbi bond on NASDAQ Dubai
By Staff writer On Monday, September 22nd, 2014
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Agricultural Bank of China celebrates listing one billion renminbi bond on NASDAQ Dubai

Agricultural Bank of China celebrates listing one billion renminbi bond on NASDAQ Dubai Min Fang, Senior Executive Officer of the Dubai branch of Agriculture Bank of China (ABC), today rang the market-opening bell More...

Ignace Bauwens, Abu Dhabi National Hotels, ADNH, new Chief Executive Officer.
By Staff writer On Monday, September 22nd, 2014
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ADNH appoints new Chief Executive Officer

Ignace Bauwens, Abu Dhabi National Hotels, ADNH, new Chief Executive Officer.  Abu Dhabi National Hotels, ADNH, has appointed Ignace Bauwens as Chief Executive Officer. Mr. Bauwens said that he strategically aims More...

Jebel Ali Free Zone (JAFZA)
By Staff writer On Monday, September 22nd, 2014
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Jafza achieves 21 percent growth in H1, 2014

Jebel Ali Free Zone (JAFZA) Jebel Ali Free Zone (JAFZA) has posted over 21 percent growth in the number of new companies conducting business there in the first half of 2014 compared with the same period last year. 363 More...

Emirates Global Aluminium PJSC, EGA
By Staff writer On Monday, September 22nd, 2014
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EGA to host global aluminium event in Abu Dhabi

Emirates Global Aluminium PJSC, EGA U.A.E.-based aluminium giant, Emirates Global Aluminium PJSC, EGA, will be showcasing the growing value of the U.A.E.’s aluminium industry to the global market by hosting Metal More...

Nakheel unveils The Palm Gateway beachfront residential, retail and leisure complex
By Staff writer On Monday, September 22nd, 2014
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Nakheel unveils The Palm Gateway beachfront residential, retail and leisure complex

Nakheel unveils The Palm Gateway beachfront residential, retail and leisure complex Dubai developer Nakheel has announced the launch today of The Palm Gateway – a three-tower waterfront living and leisure complex More...

Etisalat’s mobile app crosses quarter million downloads
By Staff writer On Monday, September 22nd, 2014
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Etisalat’s mobile app crosses quarter million downloads

Etisalat’s mobile app crosses quarter million downloads  Etisalat has revealed that over a quarter million users have downloaded the company’s new mobile app, Etisalat U.A.E., in just over a month. Etisalat More...

Suhail Al Shamsi, new Treasury GVP for TAQA
By Staff writer On Monday, September 22nd, 2014
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Suhail Al Shamsi appointed Treasury GVP for TAQA

Suhail Al Shamsi, new Treasury GVP for TAQA TAQA, the Abu Dhabi National Energy Company, has promoted Suhail Al Shamsi, currently Head of Treasury Operations, to the role of Group Vice-President, Treasury, and member More...

UAE-US Trade and Investment relations set to register strong growth
By Staff writer On Monday, September 22nd, 2014
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UAE-US Trade and Investment relations set to register strong growth: Al Mansouri

UAE-US Trade and Investment relations set to register strong growth Bilateral trade and investment relations between the U.A.E. and the U.S. have registered an upward trend and are poised for further exponential More...

Dubai's Meraas Holding launches new destination island 'La Mer'
By Staff writer On Monday, September 22nd, 2014
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Dubai’s Meraas Holding launches new destination island ‘La Mer’

Dubai’s Meraas Holding launches new destination island ‘La Mer’ Dubai-based real estate developer, Meraas Holding , on Sunday launched ‘La Mer’, a mixed-use development that will take More...

Arabian Hotel Investment Conference (AHIC 2015)
By Staff writer On Monday, September 22nd, 2014
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Arabian Hotel Investment Conference /AHIC 2015/ holds its Advisory Board Meetings in Dubai

Arabian Hotel Investment Conference (AHIC 2015) The organisers of the Arabian Hotel Investment Conference (AHIC 2015) held their annual Advisory Board Meeting at The Emirates Academy of Hospitality Management in More...

DEWA inspects progress at region's largest eco-friendly green workshop
By Staff writer On Sunday, September 21st, 2014
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DEWA organises conference for phase II of Mohammed bin Rashid Al Maktoum Solar Park bidders

Dubai Electricity and Water Authority (DEWA) Dubai Electricity and Water Authority (DEWA) has organised a conference for qualifying international developers who intend to send their proposals for the second project More...