Dubai, May 23, 2017: Doha Bank won the “Best Bank Governance – Qatar 2017” at Capital Finance International (CFI) co Awards 2017 in Second week of May 2017 at London. In recognition of the award, Dr. R. Seetharaman Doha Bank CEO said “The Best Bank Governance award is a recognition for Doha Bank Board for its active involvement in promoting excellence in Corporate Governance.
It reviews and provide guidance about the alignment of corporate strategy with risk appetite and the internal risk management structure. Doha Bank is recognized as one of the few ‘Domestic Systemically Important Bank’ (DSIB) in Qatar. The Bank is committed to adhering to and promoting good corporate governance at every level within the Bank from the Board of Directors and Senior Management down to branch and ......read more
91% of regular savers save monthly, marking a 4% increase from 2015
64% of savers plan to increase their savings, 68% plan to start saving
Potential for saving increases by 19% compared to 2015
55% saved less in 2016 than they did in 2015
45% expect an increase in their income
89% think their savings are not enough for the future
55% saved less than planned, while 28% saved about the same amount
Dubai-UAE: 23 May, 2017: National Bonds Corporation (National Bonds), the leading UAE company specializing in a unique and Sharia-compliant investment program, has released its 2016 Savings Index findings based on a survey conducted among savers and non-savers in the GCC region.
Compiled by Sondos Market Research, the survey aimed to gain feedback on three key areas - financial stability, potential for saving and ......read more
Abu Dhabi and Dubai, UAE – 22 May, 2017: DarkMatter, the international cyber security firm headquartered in the UAE, and du – the UAE-based telecommunications service provider, today announced a commercial partnership to offer enhanced cyber security products and services to enterprises across the country.
The commercial partnership – the first of its kind in the UAE – complements du’s current suite of managed service products and services for its enterprise customers that are demanding higher levels of security. Through the partnership, DarkMatter will provide its expertise to du’s extensive business customer base.
Fahad AlHassawi, Chief Commercial Officer, du said: “Security is a critical component that is already built into the DNA of our products. With the evolving landscape in ......read more
Money transfers from UAE that culminate onto mobile wallets in Kenya are 50% cheaper than other modes
Dubai, May 23, 2017: Owing to its convenience and lower remittance costs, international money transfers to mobile wallets in Kenya have been soaring high in the last few years. In the UAE alone, Xpress Money has seen a 14% increase in remittances that culminate onto mobile wallets in Kenya in the last 2 years. The brand forecasts an additional increase of 5% by the end of 2017.
Mobile payments are growing worldwide, with the number of active users expected to hit 450 million in 2017. A new World Bank report released in 2017 indicates that mobile wallets have emerged as the cheapest way of conducting a remittance transaction, at fees averaging 3.73% . Kenyans overseas are increasingly realizing the convenience that ......read more
Doha, Qatar – 22 May 2017: Barwa bank, Qatar's most progressive Shari’ah compliant service provider, has received the award of ‘Leading Bank in Islamic Services and Products in Qatar’ at the ‘The Arab Banks Awards & Commendations of Excellence 2017’, which was organized by the World Union for Arab Bankers (WUAB) on May 12th in Beirut.
The award was received by Mr. Talal Ahmed Al Khaja, Group Chief Communication’s Officer at Barwa Bank during a grand ceremony held in Beirut, attended by an elite group of international financial and banking leaders, industry experts and VIP guests.
Commenting on winning the prestigious award, Mr. Khalid Al Subaie, Group Chief Executive Officer at Barwa Bank, said:
“At Barwa Bank, we are driven by a dedicated pursuit of ......read more
Global rail technology leader to join Expedia's family of top global brands
BELLEVUE, Wash., USA and LONDON, May 21, 2017: Expedia, Inc., (NASDAQ: EXPE), one of the largest online travel groups globally and owner of brands such as Expedia.com, Hotels.com and Trivago, have announced entry into a definitive agreement with SilverRail Technologies, Inc., the world’s first dedicated rail GDS technology provider. Expedia® will acquire a majority stake in SilverRail.
SilverRail’s core mission is to solve rail's most challenging technology problems and the company has been an important Expedia industry partner, helping to bring online booking for rail to Expedia's customers.
"Rail is ready for an online revolution, and we're ready to be a part of it. Rail's shift online is one ......read more
Company’s regional headquarters in Dubai to serve as base for expansion in one of the world’s top remittance sending regions
Third largest money transfer company in the world unveils new remittance service to India with three new principal agents adding tens of thousands of locations to their Indian network
Dubai, U.A.E., May 21, 2017: Ria Money Transfer (“Ria”), the third largest money transfer company in the world and subsidiary of Euronet Worldwide Inc. (NASDAQ: EEFT), has announced its expansion and ramp-up in the GCC countries and has more than 50 key business partnerships in the banking and financial services sector. Speaking at a press conference in Dubai, Juan Bianchi, CEO & President of Ria Money Transfer also announced that the company has launched an industry leading outbound ......read more
Dubai, 18 May 2017: UAE Exchange, the leading global remittance, foreign exchange and payment solutions brand, is bringing its financial services to the doorsteps of its customers.
Smart Pay, the wages protection system (WPS)-compliant payroll solution of UAE Exchange, is introducing the Mobile Exchange facility for the employees of its corporate clients to withdraw salaries literally from anywhere. This new initiative was brought into operation on the occasion of the 11th anniversary of Smart Pay. The first transaction was conducted at Le Meridian Hotel, Dubai.
The Mobile Exchange is a first-of-its-kind initiative in the UAE. As a pilot, the Mobile Exchange will travel across Dubai only. It will be stationed at key locations, reaching out to all major labour camp areas. Customers can withdraw their salaries during their visit to ......read more
Born on May 19, 1973, the UAE Dirham reflects the Spirit of the Union in its unified form
May 17, 2017, Dubai: As the UAE dirham completes its 44th year on May 19, the currency celebrates its unified form representing the seven emirates after undergoing several transformatios. The 1973 born banknotes began their journey in denominations of 1, 5, 10, 50 and 100, displaying the watermark of an Arabian horse – which was later changed to falcon, the national bird of UAE. The date also marks the formation of United Arab Emirates Currency Board which issued the new notes bearing various local environmental landmarks and geographical boundaries of the UAE.
“The very first denominations were imprinted with landmarks that represented each emirate separately with the name of emirate on the bank note,” said Mr ......read more
showcased 20 high potential startups at leading innovation driven events in the UAE, including AIM Startup, STEP Conference and ING Creative Festival
in5 members raised approximately AED140 million in funding
Dubai-UAE: 17 May, 2017: in5, the enabling platform for entrepreneurs and startups, launched by TECOM Group, is leading the charge in transforming the UAE startup space with its sustained efforts in accelerating the scope and visibility of entrepreneurs amongst a valuable pool of thought leaders, the wider business community and investors.
Commenting on in5’s progress to date, Malek Al Malek, CEO of TECOM Business Parks said: “We congratulate our in5 members who have made the most out of the startup opportunities offered to them. Since the launch of in5 in 2013, our members have raised approximately ......read more
Sultan Butti bin Mejren: Dubai is a center of global real estate innovation
Omar Subhi: National Bonds will soon start phase three
Dubai-UAE: 17 May 2017 - National Bonds Corporation PJSC (National Bonds), the leading sharia-compliant savings and investments company in the UAE, recently won the Best Mortgage Product for its distinguished work on developing the second & third phases of the Green Community project at Motor City which offers buyers the opportunity to own their dream home with a flexible payment plan spanning over eight years.
The company was recognized during the Gulf Real Estate Awards ceremony that was held by the Dubai Land Department in collaboration with “Awards International” with the attendance of over 300 leading real estate companies.
In this context, His Excellency Sultan ......read more
Dubai, May 17, 2017: Doha Bank hosted a knowledge sharing event on “Regulatory Changes and Opportunities” on 15th May 2017 at Four Seasons Hotel, Doha, Qatar. The Guest of the Honour in the evening was H.E. Mr. Nassir Abdul-Aziz Al-Nasser, UN High Representative for the Alliance of Civilizations. Mr. Ali Ibrahim Abdullah Al- Malki, Member of BOD of Doha Bank had also graced the occasion. The speakers at the event include Dr. Ehab Elsonbaty, Senior Legal Counsel, Head of Governance and Government Affairs, Qatar Investment Authority, Mr. Sultan Al-Kuwari, Capability Development Manager, Qatar Development Bank, (QDB), Mrs Prue Morris, Managing Director, Policy and Enforcement, QFCRA and Mr. Craig A Richardson, Partner, Head of Tax, KPMG Qatar and Bahrain.
“H.E Mr. Nassir Abdul – Aziz Al Nasser stated ......read more
Dubai, UAE, May 16: 2017: Marks & Spencer is pleased to announce the launch of its new scent for Ramadan; Opulence OUD.
This delightful scent contains warming and spicy accents with an opulent, enticing floral heart and aromatic saffron accords. The fragrance leaves a warm, woody and sensual trail on the skin with notes of vanilla, sandalwood, patchouli and dahn al oudh.
Opulence OUD Eau De Parfum 100ml
The fragrance leaves a warm, woody and sensual trail on the skin with notes of vanilla, sandalwood, patchouli and dahn al oudh
Opulence OUD Coffret
This gift features eau de parfum 100ml and eau de parfum 25ml. A fragrance to captivate the senses.
Rosie Nuit Parfum 75ml
Rosie for Autograph Nuit Parfum, exclusive fragrance from British model and actress Rosie ......read more
• Awarded ‘Best Islamic Bank’, ‘Best Islamic Retail Bank’, ‘Best Islamic Corporate Bank’, ‘Best Sukuk Arranger’ and ‘CEO Award’
Dubai, UAE, 15 May 2017: Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, continued its dominance of the Islamic finance sector bagging an impressive five ‘Industry Awards’ at a ceremony by CPI Financial, the publisher of Banker Middle East magazine held on May 11, 2017 at the Emirates Towers Hotel in Dubai. A clear indication of the bank’s leadership position in both the wholesale and consumer businesses, DIB once again received the Best Islamic Bank, Best Islamic Retail Bank, Best Islamic Corporate Bank & Best Sukuk Arranger accolades, effectively repeating its impressive feat last year. In ......read more
Continued pick-up in business confidence surveys across the major economies
US and Continential Europe Equity Markets offer best growth prospects
Emerging Markets upgraded to overweight, driven by burgeoning business confidence
Dubai, UAE, May 14, 2017: Barclays revealed today its latest tactical investment recommendations in its Q2 2017 “Compass” report, published by Barclays’ Private Bank.
The latest edition of the Compass research report, which examines major asset classes globally, maintained its overweight allocation to Developed Markets Equities stating that the US and Europe stock markets (excluding the UK) are likely to offer best growth prospects for investors.
The report also assigned an overweight allocation to Emerging Markets Equities as the business cycle continues to ......read more
Dubai, UAE, May 14, 2017: Global shipping, logistics & marine services provider GAC has announced a new round of management appointments at Group and individual company level.
To sharpen the Group’s commercial focus, a new Group Sales Management structure has been put in place with two dedicated Group Sales Directors to guide and oversee the sales strategy of GAC’s shipping, logistics and marine services in the Eastern and Western hemispheres, respectively.
Ronnie Knowles, formerly Managing Director at NSGAC Abu Dhabi, has taken over as Group Sales Director – East, responsible for the geographical regions from the Middle East to Japan. He is based at the GAC Regional Office in Singapore. For the area from the Americas to Europe and Africa, former Marketing Manager – Shipping Services Neil ......read more
Dubai, May 14, 2017: Doha Bank has been named the 'Best Regional Commercial Bank' for the fifth time in a row at the Banker Middle East Industry Awards 2017. The awards were presented in Dubai on 11th May 2017 at Emirates Tower Hotel, Dubai.
Dr R Seetharaman, Group CEO of Doha Bank, received the award on behalf of Doha Bank and said “To be recognised as the foremost commercial bank in the Middle East for a fifth straight year is a firm acknowledgement of the effectiveness of Doha Bank's business strategy and the value it provides to its various stakeholders. In 2016 through the efficient asset allocation model the return on average Shareholders’ equity was 12.1% and return on average assets was 1.21% which is a clear demonstration of the effective utilization of funds. Some of the major initiatives in ......read more
Dubai, UAE, May 11, 2017: Filorga, the first French aesthetic medicine laboratory takes inspiration from the latest advances in aesthetic medicine to develop a cutting-edge serum that can treat all types of wrinkles. By integrating active ingredients usually reserved for aesthetic medicine in a skincare formula, Filorga has created an effective concentrate to erase wrinkles in women aged 35 and above called Time-Zero.
Wrinkles are the first external signs of aging and there are four main types of them that tend to affect your skin. These include, deep wrinkles, fatigue wrinkles, contraction wrinkles and surface wrinkles, which are caused by various reasons. Filorga’s Time-Zero Multi-Correction Serum is equipped to tackle all types of wrinkles as the ingredients contained in the product work in synergy to ......read more
Dubai, UAE: Global Banking and Finance Review has announced ICS Financial Systems Ltd. (ICSFS), the global software and services provider for banks and financial institutions, the “Best Islamic Banking Technology Provider MEA 2017”
Global Banking and Finance Review awards ICS Financial Systems Ltd in recognition for its prominent in particular areas of expertise and excellence within the global financial community. The award reflects the innovation, achievement, strategy, progressive and inspirational changes taking place within the financial sector. ICS BANKS® ISLAMIC provides a complete - shari’a compliant - banking business solutions, and have facilitated banks in achieving a competitive edge by offering a complete integrated End-to-End and comprehensive suite of Islamic ......read more
UAE, May 10, 2017– Salem Ahmad Almoosa Enterprises (SAAE), one of the UAE’s most prominent business conglomerates, has announced its participation as the Gold Sponsor of the 2017 edition of the Dar Al Ber Quran Memorization Project held today (May 10, 2017) at the Headquarters of Dar Al Ber Society in Dubai. This sponsorship comes as part of the company's continuing commitment towards supporting national initiatives and efforts that are aimed at strengthening religious and ethical culture among the UAE youth--also falling in line with the 'Year of Giving' initiative and the directives of the country's wise leadership to develop an integrated and unified community that adheres to Islamic values and principles.
On its ninth year, the event honored the exceptional young students who have achieved ......read more
Brand emphasises career growth opportunities and long-term commitment towards developing UAE National talent
Dubai, UAE, May 11, 2017: The passion for excellence coupled with the commitment of transferring happiness has earned select Emirati staff of UAE Exchange, the leading global remittance, foreign exchange and payment solutions brand, with special promotions. A formal felicitation ceremony was held at the brand’s global headquarters in Abu Dhabi today.
12 Service Supervisors were elevated to the rank of Marketing Managers, Branch Managers and Service Leaders while 11 Emirati Service Officers were promoted to the position of Service Supervisors.
Speaking on the occasion, Abdel Kareem Alkayed, UAE Exchange Country Head for the UAE, said: “The recognition reiterates our commitment towards equitable ......read more
New vision unveiled to guide Mashreq Bank forward for the next 50 years
Mashreq registers 50 years of uninterrupted profits and significant growth
Dubai, 10 May 2017: Mashreq Bank, the UAE’s oldest privately owned bank, is celebrating its 50 year anniversary in the United Arab Emirates today at the Dubai Opera. With 50 years of achievements, the bank is the market leader when it comes to product and service innovation and customer service. This leadership is because of the bank’s dynamism and ability to quickly adjust and respond to changing market trends.
Mashreq Bank, originally called Bank of Oman, was formed by a decree from His Highness Shaikh Rashid Bin Saeed Al Maktoum in 1966, and formally opened on 1st May 1967. With the strong encouragement of His Highness Shaikh Rashid, Mashreq Bank has ......read more
GROHE acquires remaining stake in 50:50 joint venture from Mesma Holdings Ltd.
Acquisition follows almost 45 years of successful business expansion in the Middle East, the East Mediterranean and the North and West Africa region
Decision driven by firm commitment to the region and confidence in its growth prospects
Dubai, UAE, May 10, 2017: Today, GROHE AG, the world’s leading provider of sanitary fittings, announced that it has acquired from Mesma Holdings Ltd. the remaining 50 percent stake in the joint venture entity Grome Marketing (Cyprus) Limited (“Grome”). With this acquisition, GROHE takes full ownership and control of Grome.
Grome was formed in 1983 by Juergen Lorenz as an exclusive agency for GROHE products covering the Middle East, the East Mediterranean and North and West ......read more
Dubai, May 10, 2017: Qatar Exchange and HSBC organized the Annual Investment Forum 2017 on 8-9 May 2017 at New York Palace Hotel. Mr. Rashid Ali Al-Mansoori, Qatar Exchange CEO said, “Qatar exchange aims to provide more products this year to encourage investments from global investors. The Exchange traded fund (ETF) is part of this initiative of Qatar Exchange. This would result in increase in inflows to Qatar economy both from the region and from globe and thereby promote sustainability.”
On the sidelines of the forum, Dr. R. Seetharaman CEO of Doha Bank gave insight on Qatar economy and Doha Bank ETF progress. He said “Qatar economy expected to grow by 3.4 percent in 2017. Qatar continues to follow its non- hydrocarbon diversification model and prudent fiscal management amidst low oil prices. In ......read more
The prestigious ceremony was conducted under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai
DIB wins prestigious award for pioneering work in Islamic Finance
Dubai, UAE, 9 May 2017: Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has been awarded the Global Islamic Business Award in the first ever edition in the region. The award was presented by His Highness Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, Deputy Ruler of Dubai to Dr. Adnan Chilwan, Group Chief Executive Officer, Dubai Islamic Bank. It was presented as part of the 23rd edition of the Business Excellence Awards at a ceremony earlier this month in recognition of outstanding pursuits of excellence.
The presence of both His Highness Sheikh Maktoum ......read more
UAE, May 24, 2017– The Department of Economic Development – Ajman’s (DED – Ajman) Directorate Control and Consumer Protection recently met with representatives of local chain of supermarkets to discuss guidelines for commodity price regulations during the upcoming month of Ramadan. During the meeting, all parties agreed to cooperate and coordinate with the UAE Ministry of ......read more
UAE, May 23, 2017– In line with the declaration of 2017 as the ‘Year of Giving,’ a delegation of directors and officers from the Department of Economic Development – Ajman (DED Ajman) visited the Khalifa Hospital in the emirate. During the tour of the facility, they met patients and presented them with souvenirs, offering moral and psychological support to bring them joy. ......read more
UAE, May 22, 2017- The Dubai Airport Freezone Authority (DAFZA) has organized a special forum for Indian businesses under the theme ‘India: A Strategic Partner for Growth in an Evolving Global Economy’ in the presence of H.E. Dr. Mohammed Al Zarooni, Director General of DAFZA, H.E. Vipul, Indian Consul General in Dubai; Bindu Chettur, President, Indian Business Professional ......read more
UAE, May 22, 2017- Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company, announced that it has donated AED 100,000 to the Dubai Club for people of Determination to demonstrate solidarity for one of its initiatives in support of 2017 as the ‘Year of Giving.’ The initiative aims to assist the newest members of the club who have special needs in ......read more
May 18, 2017– Global fitness brand Reebok, recently announced its “Cotton + Corn” sustainable products initiative, which will bring plant-based footwear to the market later this year.
Cotton + Corn is an initiative developed by the Reebok Future team to create shoes “made from things that grow.” The first release will be a shoe that has an upper comprised of ......read more
Dubai, UAE, 18 May, 2017- Mohit Malhotra, CEO of Dabur International, has been named among Top 50 Indian Executives in the Arab World 2017, a coveted list unveiled recently by the Forbes Middle East. He ranks 22 in the coveted list of the most dynamic, impressive and influential senior management professionals from the region. Malhotra, who has been with Dabur Group for the last two decades and ......read more
May 14, 2017: E-City, a leading operator of a chain of world-class multi-brand electronics retail stores across the UAE and a part of the Albatha Group, has been named ‘Innovative ICT Retailer of the Year’ during this year’s edition of the Choice of Channel (COC) Awards, an initiative organized by one of the region's most recognized industry publications, VAR magazine. Now ......read more
May 11, 2017: ARPUPLUS, a mobile value added services (VAS) pioneer in the MENA region and Emerging Markets, is looking to expand its presence in the region with its application-to-person (A2P) services. A subsidiary of A15, an entrepreneurial company with interests in digital products and technology brands, ARPUPLUS specializes in Mobile Content and Entertainment, Connectivity, and Marketing. ......read more
May 09, 2017- Dhofar Global, a leading supplier of hygiene products in the Middle East, has marked its 10th anniversary with a celebration of its decade-long accomplishments and the unveiling of a more ambitious expansion plan to fully cement its market footprint across the region. The company recently hosted an event for their suppliers, clients and employees at the Westin Dubai Mina Seyahi ......read more
May 08, 2017: In line with its mission to develop the capabilities of the youth and human capital of Sharjah, Sharjah Tatweer Forum (STF), a part of the Rubu' Qarn Foundation for Creating Future Leaders and Innovators, successfully conducted a project management workshop as part of the Project Management Congress of the Sharjah Electricity and Water Authority (SEWA), which was held last May ......read more
Signs MoU to promote innovation and advancement in Fintech in the UAE through disruptive startups.
Abu Dhabi, UAE, 08 May 2017: UAE Exchange and New York University Abu Dhabi (NYUAD) have signed a Memorandum of Understanding (MoU) to advance Fintech (Financial Technology) innovation in the United Arab Emirates (UAE) through startAD, the innovation and entrepreneurship platform ......read more
Biggest-ever contract for Siemens in Qatar
Contract for 35 substations received from KAHRAMAA
Project supports country’s ambitions for a reliable power transmission network
Dubai, UAE, May 8, 2017: State-owned utility Qatar General Water & Electricity Corporation (KAHRAMAA) has awarded Siemens the largest contract to-date in Qatar for the expansion ......read more
May 08, 2017: Menacorp, the UAE’s largest financial services firm, was recently recognized and awarded Certificates of Appreciation by the UAE Securities and Commodities Authority (SCA) during the 7th Awarding Ceremony of the Brokers Licensing Qualifications Program for year 2016 – 2017. The ceremony, held at the SCA premises in Dubai, gathered several market participants and ......read more
UAE, May 8, 2017- To significantly boost the promotion of the competitiveness and attractiveness of the local business and investment sectors, the Department of Economic Development - Ajman recently adopted the ‘Trade Names Booking’ system. The unified and integrated platform for regulating the booking of trade names, economic records and economic licenses is fully integrated with ......read more
Riyadh, Kingdom of Saudi Arabia – 08 May 2017: Alawwal bank was named the 'Best Retail Bank' in Saudi Arabia 2017 at the Asian Bankers, International Finance Excellence Awards held at the Ritz Carlton in Dubai on 20 April.
The award recognises Alawwal bank's customer centric approach and focus on innovation in products, services and its digital ......read more
• New products and services offering for Commerzbank’s clients
• Establishment of a German Desk within Mashreq in Dubai
United Arab Emirates, Dubai, 08 May 2017: Mashreq Bank, the leading financial institution in the UAE, proudly announces its partnership with Commerzbank to enable multinational & corporate clients to utilise ......read more
UAE, May 8, 2017– Falconcity of Wonders LLC, the developer of the Falconcity of Wonders (FCW) multipurpose mega project arising in Dubai, was recently honored by the Dubai Police for its outstanding support of local and national efforts to enhance road safety awareness and best practices. Major General Abdullah Khalifa Al Marri, Commander-in-Chief of Dubai Police, handed over the Diamond ......read more
Landmark deal will help to deliver quality life insurance solutions to customers in the UAE
Dubai, United Arab Emirates, 8th May, 2017: Zurich International Life Limited (Middle East) (Zurich) and Standard Chartered announced today the signing of an exclusive distribution agreement. As part of it, Standard Chartered will offer Zurich’s comprehensive life insurance solutions to its ......read more
UAE, May 7, 2017- The Dubai Airport Freezone Authority (DAFZA) is the lead freezone partner to Automechanika Dubai 2017 which kicked off today (Sunday May 7, 2017) to be held until May 9, 2017, the leading international trade fair for the automotive service industry gathers more than 2000 exhibitors from all over the globe. The partnership between DAFZA and Automechanika underscores the role of ......read more
May 07, 2017: Globe Express Services has once again been honoured at the Maersk Line Platinum Awards, the annual awards that honours Maersk’s outstanding logistics solution providers and top customers. This is the sixth consecutive win for the global supply chain solutions company. John C. George, Branch Manager – Jebel Ali, Globe Express Services, received the award at the gala ......read more
May 06, 2017 - Darlie Global FZC, owner and manufacturer of natural wellness products, has opened a manufacturing plant in the UAE as part of its initiative to pioneer a range of products catering to a growing number of consumers looking for healthier and more natural alternatives in personal care. The facility will locally produce global personal and oral care brands – Dr. Neem and Mr. ......read more
May 04, 2017– SABIC is collaborating with DuPont Sustainable Solutions (DSS) to accelerate progress towards becoming a world leader in environment, health and safety (EHS) performance.
“SABIC’s EHS achievements in recent years have been impressive,” said Ahmed Al-Shaikh, Executive Vice President, Corporate Manufacturing, SABIC. “And yet, there is a strong ......read more
New conceptions of mobility, new perceptions of technology
First-quarter sales in 2017 up 12 percent
Target sales growth for 2017 between 3 and 5 percent
Sales in 2016: 73.1 billion euros
EBIT from operations in 2016: 4.3 billion euros
Research and development expenditure: 7 billion euros
Bosch CEO Denner: “Bosch is shaping tomorrow’s world.”
Dubai, UAE, May ......read more
Supply chain influencers awarded for industry leadership and creating shared value
Dubai, UAE, May 4, 2017: Gulf Petrochemicals and Chemicals Association (GPCA), has announced the winners of the second edition of the Supply Chain Excellence Awards sponsored by SABIC that was held on the sidelines of the Supply Chain Conference at the Rosewood Hotel in Abu Dhabi on May 3.
ALFRED TALKE ......read more
Dubai, UAE, May 4, 2017: Ahli United Bank B.S.C. (AUB) reported a net profit attributable to its equity shareholders of US$ 159.4 million for the quarter ended 31 March 2017. The net profit reflected an increase of 3.1% in Q1/2017 as compared to the comparative net profit figure of US$ 154.6 million achieved in Q1/2016. The Q1/2017 net profit also represents a 24.0% improvement over the ......read more