Dubai PR Network, Online Press Release from Dubai and Middle East
Featured in Banking and Investments
Zurich launches Allocated Passive funds, offering investors a new, simple, low-cost investment solution

Five ready-made portfolios to invest simply with ZAP funds Each fund created with 6,000 to 20,000 underlying holdings One-stop access to the world’s equity and bond markets Full range of sectors including technology, media and energy Low-cost, easy to maintain, scalable solution that is rebalanced regularly Dubai, UAE, June 21, 2018:  Zurich International Life Ltd. (Zurich) is today launching Zurich Allocated Passive (ZAP) funds, a new investment solution which provides customers with five ready-made portfolios that make investing simple.   Some investors love the thrill of anticipating and identifying growth opportunities. Others prefer a simpler lower-cost investment strategy, so if you are looking for a simple and low cost investment strategy with potential for strong returns, then passive ......read more

SBWC Visits Italy to Analyse Advantageous Trading Opportunities

5 SBWC members in Milan explore Italian supply chains in fashion, jewellery, furniture and F&B Sharjah, June 21, 2018:  Through several trade missions and strategic matchmaking, the Sharjah Business Women Council (SBWC) has been supporting new and established female entrepreneurs in the UAE by taking them to key overseas markets and showcasing their capabilities to potential buyers, investors and trading partners. In a recent four-day trip to the Italian fashion capital, Milan, SBWC - one of NAMA Women Advancement Establishment’s (NAMA) entities – organised one-to-one matchmaking and business prospect meetings for five of its members, with Italian suppliers in a number of sectors including furniture and interior design, fine jewellery making, fashion and the F&B sectors. The meetings enabled the ......read more

Why The Global Sukuk Market Is Stalling In 2018

Dubai, UAE, June 20, 2018:  The global sukuk market experienced a significant slow down in issuance in the first half of 2018, as we predicted in January. Total sukuk issuance dropped by 15.3% compared with the same period last year, reaching $44.2 billion compared with $52.2 billion first half of 2017. This drop was even more pronounced for foreign currency sukuk issuance a t45%. We believe thatt his is due to the absence of major issuances from the Gulf Cooperation Council (GCC) countries seen in 2017. In the second half of 2018, we expect sukuk issuance volumes will continue to be slowed by the global tightening of liquidity conditions as well as byl ower financing needs of some GCC countries as a result of oil prices stabilizing at higher levels.The sharp increase in geopolitical risks int he Middle East will also likely ......read more

CBUAE Announces New Caps on Banking Fees for Customers

Abu Dhabi – 19 June 2018:   UAE Central Bank (CBUAE) announces that it has published an Amendment to ‘Annexure 2’ of the Regulations Regarding Bank Loans & Services Offered to Individual Customers (2011). This Amendment sets out the new maximum limits or ‘fee caps’ for fees or commissions charged on retail customer service. The fee caps apply to banking consumer related charges for example, home loans and late fees for credit cards.   This Amendment comes as CBUAE is undertaking more active supervision of the banking sector with the adoption of consumer protection principles - competition inhibiting, usury, notary function, and strategic related principles. Furthermore, banks and finance companies must have the appropriate product approval processes in place for all products which ......read more

A Fresh New Look to the World's Oldest Islamic Bank

DIB’s new website focused around the theme “tech that helps” Customer First concept core to the enriched user experience Dubai UAE, 18 June, 2018:   Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has launched a new and completely revamped website (www.dib.ae), which offers a vastly enriched and superior experience to its fast growing customer base. The redesigned website will allow users to easily access information relating to DIB’s products and services, while enjoying a new, modern and simplified layout complemented by significantly enhanced and rich content.   The mobile-friendly website has been aesthetically enhanced with advanced functionality supported by the latest technology to deliver a more intuitive and user-friendly experience. The list of the new ......read more

CBUAE will raise interest rates by 25 basis points

Dubai, UAE, June 14, 2018:  The Central Bank of the UAE (CBUAE) announced that, effective Thursday, 14 June 2018, it will raise interest rates applied to the issuance of its Certificates of Deposits in line with the increase in interest rates on US Dollar, following the Federal Reserve Board’s decision to increase the Federal Funds Rate by 25 basis points at its meeting of today. The Repo Rate applicable to borrowing short-term liquidity from CBUAE against Certificates of Deposits has also been increased by 25 basis points to 2.25%. Certificates of Deposit, which CBUAE issues to banks operating in the country, are the monetary policy instrument through which changes in interest rates are transmitted to the UAE banking system.  

...read more

Crowe Horwath announces global rebrand to “Crowe” Sometimes a smart decision is a simple one.

Crowe Horwath, the eighth largest global accounting network, has announced that the network and its member firms have rebranded to “Crowe”.    Dubai, UAE, June 11, 2018:  The rebrand has seen over 220 member firms globally adopt the name, Crowe, reflecting the increasingly integrated and seamless nature of the network as well as its shared values and core purpose.     The move has assisted in promoting the network’s shared knowledge and global resources in response to changing client needs, driven by digitalization and the borderless world of modern business. The change of brand happens shortly after another significant development for the network, the appointment of a new Global CEO, David Mellor, who took over leadership as of 1st April 2018.      Under the new brand ......read more

Central Bank of the UAE

Dubai, United Arab Emirates, June 11, 2018:  Central Bank of the UAE announced that it has decided to downgrade the license of the following exchange houses to deal in sale and purchase of foreign currencies and travelers cheques only:  1.    Taher Exchange Est. 2.    Al Hadha Exchange LLC 3.    Al Hemriya Exchange Company LPC 4.    Dubai Express Exchange 5.    Sanaa Exchange 6.    Cosmos Exchange 7.    Bin Bakheet Exchange Est. As the above exchange houses violated Central Bank’s regulations, including Anti-Money Laundering regulations. Based on this decision, the above exchange houses were prohibited from conducting any activities relating to remittances or payment of wages. This decision comes after ......read more

Global payment solutions leader EastNets partners with Kuwait's Boubyan bank to launch SWIFT gpi for faster cross-border payments

Dubai, UAE, June 6, 2018:  Leading provider of compliance, payment and cloud solutions, EastNets has announced its partnership with Kuwait’s Boubyan Bank to roll out SWIFT’s global payments innovation (gpi) service for its customers across the country. With the introduction of SWIFT gpi, Boubyan Bank will offer its customers high-speed cross-border payments with end to end tracking, transparency on bank fees and FX rates (Foreign Exchange), ultimately allowing the bank to credit payments to end beneficiaries within minutes, even seconds.  EastNets will assist Boubyan Bank in implementing SWIFT gpi without having to re-engineer the bank’s existing payment systems, thereby lowering the cost of ownership, decreasing time to market, reducing risks and providing greater payment efficiency. The roll-out of ......read more

Win $100,000 with UAE Exchange

UAE Exchange Summer Promotion ‘Win Big. Win More’ offers $100,000 grand prize to one winner 6 winners to win $5,000 and 45 to walk away with $2,500 each Dubai, 05 June 2018:  This Ramadan, UAE Exchange, a leading money transfer, foreign exchange and payment solutions brand in the country, launched its summer promotion ‘Win Big. Win More’. During this promotion, UAE Exchange is giving out 52 lucky draw cash prizes with the grand prize of $100,000. Apart from the grand prize, 6 lucky customers will win $5,000 and 45 customers will win $2,500 each.    “Our intent behind this year’s summer promotion is to make a positive impact on the lives of as many people as possible. That is why we have a large number of cash prizes up for grabs including daily and weekly prizes ......read more

Businesses Can Now Settle Their Vat Payments Through 150 UAE Exchange Outlets

Dubai, 03 June 2018, United Arab Emirates:  UAE Exchange, the leading money transfer, foreign exchange and payment solutions brand in the country, announced that it has started accepting Value Added Tax (VAT) payments on behalf of the Federal Tax Authority (FTA).  All entities registered with the FTA who have a valid Tax Registration Number (TRN) and a GIBAN account number can now make their VAT payments in any of the 150 UAE Exchange branches spread across the seven emirates.  Abdel Kareem Alkayed, Country Head for UAE Exchange-UAE said: “We are pleased to partner with the Federal Tax Authority and offer businesses in the UAE a stress-free offline payment solution for their VAT obligations. Through our vast network of strategically-located branches, including 18 in Dubai metro stations, customers can settle ......read more

New business licences in Ajman Free Zone increase 28% to 12,362 in Q1 2018

Dubai, UAE, June 2, 2018:  The strategic and dynamic location of the Ajman Free Zone (AFZ) plays a significant role in driving the commercial and industrial sectors in the emirate in particular and in the UAE in general, with the AFZ management stepping up efforts to maintain its investment-conducive environment as a leading business hub in the region. The number of companies registered with AFZ until the end of Q1 2018 increased to 12,362, showing a significant growth of 28% over the corresponding period last year as the free zone is growingly becoming an essential hub for many companies operating in different sectors, such as trade, services, jewelry, consultancy and others. During the first quarter of this year, 783 new companies have registered with AFZ, operating across diverse domains, including import & export ......read more

Central Bank of the UAE Holds its 4th Board of Directors Meeting for 2018

Dubai, UAE, May 30, 2018:  The Board of Directors of the Central Bank of the UAE held its 4th meeting for 2018 at 10:00am on Sunday, 27th May 2018, at the Central Bank Head Office – Abu Dhabi, under the chairmanship of H.E. Khalifa Mohammed Al Kindi, Chairman of the Board. The meeting was attended by H.E. Khalid Juma Al Majid, Deputy Chairman, H.E. Mubarak Rashed Al Mansoori, the Governor, and Board members; Their Excellencies Younis Haji Al Khoori, Khalid Mohammed  Salem Balama, Khalid Ahmad Al Tayer, Hamad Mubarak Buamim, as well as by Their Excellencies Mohamad Ali Bin Zayed Al Falasi, Deputy Governor, Saif Hadef Al Shamsi, Assistant Governor and a group of senior Central Bank staff.  The Board reviewed a presentation regarding the CBUAE Dashboard. The Dashboard will allow CBUAE management to review the ......read more

Deloitte: Transfer pricing should be top of agenda for all tax executives in 2018

Dubai, UAE, May 30, 2018:  Deloitte has just issued its 2018 edition of the Middle East Tax handbook. The handbook is a comprehensive guide to help businesses keep abreast of the Middle East tax rates and to guide businesses through the important changes to tax regimes across the Middle East region.  Changes in regulation and tax reform continue to be on the increase in the Middle East, and include the implementation of a value added tax (VAT) regime that commenced in the Kingdom of Saudi Arabia (KSA) and United Arab Emirates (UAE) on January 1, 2018. As a transactional tax, the introduction of VAT poses a real challenge for KSA and UAE businesses, especially with the significant impact it has across their entire operations. During the ensuing period it is anticipated that the remaining four GCC member states will each ......read more

Spend Wise, Save More – A Short Guide to Better Financial Planning

Dubai, UAE, May 29, 2018:  No one wants to be wasteful with money, but with our busy schedules it's often challenging to pause and reflect on those little changes we can make to save or protect our hard-earned cash. The introduction of Value Added Tax (VAT)  in the United Arab Emirates this year and the rising cost of inflation especially have drawn attention to the impact on consumer spending habits.  Whilst these potential pressures on people’s expenditure can seem concerning, they don’t need to be. However, it is important for everyone to take stock of their own financial planning to ensure long-term security and, if this is something you have been putting off, then we've got some easy tips to get you started... Tip #1: Budget better Before you start dreaming about your savings stacking up, ......read more

Shuraa bestowed with World's Greatest Brands & Leaders Asia & GCC 2017-18 award

Dubai, UAE, May 27, 2018:  Shuraa bestowed with World’s Greatest Brands & Leaders Asia & GCC 2017-18 award at India UAE Business & Social Forum 2018. The award and business summit organized jointly by URS Media Consulting PL and AsiaOne magazine was recently held at J W Marriot Marquis Dubai. The award was presented by H.E.Saud Salim Al Mazrouei, Director, Hamriya Free Zone Authority & Sharjah Airport International Free Zone in the presence of  H.E.Dr. Akima Umezawa, The Consul General of Japan in Dubai to Michael Gillies, Director- Operations, Shuraa Business Setup. The award was bestowed after an extensive research by the United Research Services. The evaluation was performed by the editorial team of URS media in coordination with the audit firm Price Waterhouse Coopers, reviewing and validating the ......read more

Dubai Islamic Bank receives two prestigious ISO certifications

Dubai Islamic Bank’s HR - Learning and Development Centre is the first to achieve ISO 29990 certification in the region. Sharia Department becomes the first to receive ISO 9001 QMS certification in the UAE. Dubai UAE, 27 May, 2018:  Two key departments of Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, received ISO certifications, making it the first Islamic bank in the UAE to achieve an international accreditation of this significance. DIB’s Human Resources Department -Learning and Development Centre (L&D) was awarded the ISO 29990:2010 certification, while the bank’s Sharia Department was bestowed the ISO 9001:2015 certification.    The ISO 29990:2010 accredited certification achieved by DIB’s L&D Centre is a prestigious certification recognizing the ......read more

Leading National Company, INDEX Holding, Opens a New Branch in Singapore

Dubai – United Arab Emirates, 27 May 2018:   INDEX Holding announces the opening of its new branch in Singapore, due to its strategic location in the Asia-Pacific region and its strong economic and commercial ties with the United Arab Emirates. Through its new branch, INDEX Holding aims to keep up its constant endeavor of supporting the UAE vision and strengthening its position in different parts of the world. In fact, INDEX Holding intends to replicate its UAE business model in Southeast Asia by taking advantage of Singapore as a vital regional hub for business, investment, innovation, technology, and tourism. Through its new branch in Singapore, INDEX Holding will organize a number of regional and international scientific and commercial events, and it will serve as gateway for collaboration between regional and ......read more

Trend Micro Expertise Results in Conviction from Scan4You Trial

Three-year collaboration with law enforcement confirms Trend Micro’s leading role in global cybercrime fight May 27, 2018 - Dubai, United Arab Emirates Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity solutions, today announced details of its close cooperation with the FBI to identify, arrest and bring to trial the individuals linked to the infamous Counter Antivirus (CAV) service Scan4You. Ruslans Bondars was found guilty as a result of the trial, while Jurijs Martisevs pled guilty in March 2018. The arrest and trial were the result of an exclusive investigative cooperation between Trend Micro researchers and the FBI. Scan4You allowed cybercriminals to check the detection of their latest malware against more than 30 modern antivirus engines, enabling them to make attacks more ......read more

Bayzat – Solving Problems for SMEs

May 23, 2018 - Dubai, UAE: Bayzat (www.bayzat.com)is looking to become the one stop solution for small- and mid-sized companies. The technology company provides insurance and HR solutions for SMEs. Founded in 2013, the company is making waves in the Middle East – in 2017, it made it to the Forbes list of Top 100 Startups in the Arab World. The company’s founder, Talal Bayaa, and his team noticed the fragmentation in the UAE financial sector and they decided to launch a product that would make it easier for individuals and companies to compare different insurance options. Bayzat’s main product isthe Health Insurance comparison service, which examined policies in real time. The service can cut processing times by 50% and save at least 20% on associated insurance costs. The service is available for companies but ......read more

Capillary Technologies Grows its Global Business by 200% YoY

Promotes Abhijeet Vijayvergiya as President & Managing Director, Global Accounts and Asia Pacific Global brands such as Pizza Hut, VF Brands, KFC, Bata, Asics, Unilever, Siam Makro leverages Capillary solutions across multiple countries DUBAI – May 23, 2018: Capillary Technologies, with presence in 30+ countries and helping consumer businesses achieve digital transformation, using its AI Powered technology platform; today announced that it has grown its global business by 200% YoY and has elevated Mr.Abhijeet Vijayvergiya as its President & Managing Director, Global Accounts and Asia Pacific.  In the new role, Abhijeet will be not only continue to own sales for Asia Pacific but also be responsible to nurture and scale Capillary’s global accounts such as Pizza Hut, KFC, Bata, Asics, VF Brands, Siam Makro. ......read more

The French Business Council Dubai and Northern Emirates receives the Dubai Quality

 Appreciation Award for Representative Entities during the DED Business Excellence Awards Ceremony Dubai, UAE, May 22, 2018:  The French Business Council Dubai and Northern Emirates (FBC) has received the Dubai Quality Appreciation Award for Representative Entities, presented by HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, and HH Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Chairman of the Mohammed bin Rashid Al Maktoum Knowledge Foundation. This award was given during the Business Excellence Awards Ceremony held on Tuesday, 24th April 2018 at Dubai Opera.  The Dubai Quality Award is an initiative created by the Department of Economic Development (DED) to promote quality and excellence. It provides organizations a tool to benchmark performance and document existing gaps, but also ......read more

CBUAE Publishes 2017 Financial Stability Report

Abu Dhabi, UAE – 22, May 2018:   The Central Bank of the UAE (CBUAE) today publishes the Financial Stability report for the year 2017. The Financial Stability Report provides information on the strengths and vulnerabilities of the UAE financial system and the regulatory and policy measures introduced by the Central Bank. The Financial Stability Report also includes an assessment of key macro-financial and banking-sector developments that may affect financial stability in the United Arab Emirates. The Financial Stability report is produced annually, in line with the UAE Government’s goal of creating greater transparency throughout the UAE financial system.    H.E. Governor, Mubarak Rashed Al Mansoori, said: “The UAE banking sector remains resilient, with robust capital ratios, liquidity ......read more

Deloitte launches new Islamic Finance insights series

Islamic Finance: Scalable and sustainable source of funding social infrastructure  Dubai, UAE, May 21, 2018:   Policy makers, the private sector and governments continue to find ways to bridge gaps in infrastructure funding, with social infrastructure landscape climbing to the top of agendas in importance.  Deloitte Middle East continues to bring the latest insights on this trend through its new Islamic Finance insights series, “Scalable and sustainable source of funding social infrastructure”. The industry whitepaper published by Deloitte’s Islamic Finance Knowledge Center (IFKC) in the Middle East, is produced in collaboration with the Chartered Institute of Securities and Investment (CISI), UK. The analysis, views and policy recommendations have been contributed by prominent industry thought ......read more

Relief for Ransomware Victims with Free Tools from Trend Micro

Middle East accounts for 4.75% of global ransomware numbers in Q1 of 2018, finds Trend Micro report; Free tools ideal for businesses who do not use Trend Micro endpoint solution   May 21, 2018 - Dubai, United Arab Emirates   The Middle East and North Africa in Q1 of 2018, have accounted for 4.75% and 1.75% respectively of global ransomware threats, and Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity solutions, is committed to protecting customers and consumers against today’s greatest security threats. Trend Micro has blocked more than 100 million ransomware threats for their customers in the last six months alone, with 99 percent of threats blocked from email and web traffic. Recognizing the growth and impact of ransomware, the company has taken a holistic approach to ......read more

Other Top Stories from Banking and Investments
 
Dubai FDI organises economic mission to Australia to boost trade ties…

Dubai, 17 June 2018​: Dubai FDI, the investment development agency of the Dubai Economy, is organising one of the largest economic delegations from Dubai in recent years for an official economic mission to Australia as part of its continuing efforts to strengthen existing economic cooperation and attract investments into the emirate. The mission, which will take place from June 25 to 29, ......read more

Al Ansari Exchange kicks off grand Summer Promotion 2018…

UAE, May 30, 2018 - Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company, is rolling out the fifth edition of its much-awaited Al Ansari Exchange Rewards – Summer Promotion 2018 starting from June 1st to July 31st. Several major prizes - the biggest in the industry - are up for grabs this year, with a whopping AED 1 million in cash once again awaits one ......read more

Euromax Launches ‘Bring your own Razor' to Salons Campaign…

DUBAI – May 20, 2018: Euromax Personal Care, a division under Dubai-headquartered Eurostar Group, has initiated a campaign titled ‘Bring your own razor’ (BYOR) to salons, aimed to educate consumers about raising the bar on personal hygiene and safety. The campaign focuses on ‘one man, one razor’ theme about using own shaving products in salons in line with the ......read more

UAE Investors Look for Reassurance as Market Volatility Causes Anxiety…

  Holborn Assets reveals their clients’ most common current concern is based on predicted market volatility  Dubai based firm explains how a diversified investment portfolio offered great returns during the steady markets in 2017, but also protects against the volatility that has been seen this year. Dubai, United Arab Emirates,  May 20, 2018:  A leading ......read more

CBUAE Foreign Currency Rates…

Dubai, United Arab Emirates, may 17, 2018:  The Central Bank of the UAE (CBUAE) announced that, as of May 17, 2018, it will publish on its website, a list of foreign currency rates against the AED (Arab Emirates Dirham), to help UAE business entities calculate their VAT obligations to the UAE Federal Tax Authority. This service is in line with the requirements of Federal Law No. 8 on ......read more

The Higher Sharia Authority Held Its Third Meeting…

United Arab Emirates, May 17, 2018:  The Higher Sharia Authority (HSA) for financial and banking activities in the UAE held its third meeting at 9am of Sunday 13 May 2018. The meeting was chaired by His Eminence Sheikh Dr. Ahmad Bin Abdulaziz Al Hadad, the Chairman Higher Sharia Authority. The HSA discussed a number of matters related to the creation of a unified Sharia governance ......read more

Ithmaar Holding and its Wholly-Owned Subsidiary, Ithmaar Bank, Report First Quarter Profits…

Dubai, UAE – 14 May 2018 – Ithmaar Holding B.S.C., a Bahrain-based financial institution, and its wholly-owned subsidiary, Ithmaar Bank B.S.C. (closed), a Bahrain-based Islamic retail bank, each announced their financial results for the first quarter of 2018 with both reporting profits for the period. The announcement by the Ithmaar Holding Chairman His Royal Highness Prince Amr Al ......read more

Caparol Paints Celebrates 20 Years of Excellence of the Prestigious CapaStone Range of Products…

Dubai - May 14, 2017: Caparol Paints, a global provider of German paint and coating solutions, has announced celebration of 20 years of excellence for CapaStone, a premium natural stone-like finish texture paint for interior and exterior surfaces. CapaStone has carved out its legacy and emerged as a market leader for over the past two decades in the Middle East. CapaStone is a superior quality ......read more

Amira to Set New Jewellery Trends for Millennials with its First Store in UAE…

Unique collection and first of its kind jewellery makes debut at the AMIRA store in Dubai Festival City  The first jewellery brand in the UAE that is crafted specially for the growing millennial demandswithin UAE  Dubai, 14th May2018: AMIRA proudly announces the opening of its exciting new flagship store located in Dubai’s most popular shopping destination, Dubai ......read more

ADNOC Announces AED 165 Billion Investment Plan to Become Leading Downstream Player…

ADNOC will build on existing foundation in Ruwais, Abu Dhabi, to create the world’s largest integrated refining and petrochemicals complex Creation of new partnership and investment opportunities to enable ADNOC to further stretch the value of every barrel produced and leverage growth in demand for higher value downstream products  Development of an integrated downstream ......read more

Hormann Launches Additional Safety Features for DOBO System for Warehouses…

Dubai, UAE; May 09, 2018: Hormann Middle East and Africa, has launched the upgraded DOBO system allowing increased security and reduced heat loss through the loading bay doors when trucks dock.  DOBO system ensures safety and prevention of theft. With this system, the lorry doors are only opened shortly before loading. The semi-trailer can remain docked to the loading bay unattended, for ......read more

P&O Marinas Partners with Monaco for Projects in Mediterranean and Worldwide…

DP World subsidiary to work on chain of superyacht marinas in exclusive agreement with Ports of Monaco Dubai, UAE, 08 May 2018: DP World Group subsidiary, P&O Marinas has announced an agreement with Monaco government owned Société Monegasque International Portuaire (SMIP) to work on selected marina projects in the Mediterranean and other locations around the world. A Memorandum of ......read more

Investment in Human Capital and Business Innovation are Fundamentals for Business Success and ...…

Hyper Island introduces its expertise in the UAE to offer solutions that enables professional development Tuesday, May 8 (Dubai) — Global brands such as Volvo, Coca Cola, Unilever, P&G, Microsoft, Dentsu, IKEA and Adidas have all sought the business and educational solutions of Hyper Island, a Swedish pioneer that brings transformation in businesses and empowers employees with new ......read more

Milano Annual Dealer's Meet -2018…

May 06, 2018 - Dubai, UAE: Milano, UAE’s leading brand in sanitary ware, electrical, water purifier, hardware and tiles, held its annual gathering for authorized dealers on Friday at Bollywood Parks, Dubai where more than 400 dealers across the UAE attended the event. Milano presented the latest product range to the dealers which included new variation added in sanitary ware, electrical, ......read more

Central Bank of the UAE Holds its 3rd Board of Directors Meeting for 2018…

Abu Dhabi, UAE – 06 May 2018:  The Board of Directors of the Central Bank of the UAE held its 3rd meeting for 2018 at 9:30am on Tuesday, 1st May 2018, at the Central Bank Head Office – Abu Dhabi, under the chairmanship of H.E. Khalifa Mohammed Al Kindi, Chairman of the Board. The meeting was attended by H.E. Khalid Juma Al Majid, Deputy Chairman, H.E. Mubarak Rashed Al ......read more

FERG Attends the 3rd Edition of Awareness Training by Dubai Police…

Initiative helps bring down money exchange and bank theft in the UAE by 90% Dubai. UAE – May 5, 2018: The Foreign Exchange and Remittance Group (FERJ), a consortium of businesses engaged in the foreign exchange and remittance industry, attended the 3rd edition of Awareness Training by Dubai Police, held on 25th April at Dubai Police Officers Club. The initiative by Dubai Police works on ......read more

GCOX signs MOU with His Highness Sheikh Khaled Bin Zayed Al Nahyan to expand global celebrity token ...…

Agreement paves the way for the launch of UAE’s first fully-licensed celebrity crypto exchange Dubai, 2 May 2018 –   In a partnership aimed at expanding its celebrity token footprint to the Middle East, the Global Crypto Offering Exchange (GCOX) has signed a memorandum of understanding (MOU) with Bin Zayed International L.L.C. In addition to meeting the growing demand ......read more

GCC banks resilient in the face of political and economic challenges: KPMG GCC listed banks report…

      Banks’ asset growth remains robust at 4.4 per cent     Overall net profit increased 6.7 per cent year-on-year     Non-performing loan (NPL) ratio for the GCC banking sector reduced by 0.3 per cent to 3.2 per cent Dubai, United Arab Emirates, May 02, 2018:  KPMG has released the findings from the third edition of its annual ......read more

Trend Micro Highlights the Need to Bolster Digital Security with KSA's Smart City Transformation…

Saudi Arabia’s ICT spend to reach US$ 40 billion this year Trend Micro participates in Smart Transformation Summit as strategic partner May 2, 2018 - Dubai, UAE   Saudi Arabia’s digital transformation continues to burgeon with reports showing that the Kingdom’s ICT spend grew 6 per cent in 2017 to over US$36 billion and is predicted to expand further this ......read more

FIABCI World Congress 2018 discusses opportunities and challenges of youth in real estate investment…

 Youth Seminar on ‘The Benefits of Real Estate Investment’ – A Local Perspective with a Global Vision 2018 Dubai, United Arab Emirates, 1st May 2018:  Youth in real estate investment was the focus of the second day of the 69th edition of the International Real Estate Federation’s FIABCI World Congress, which was inaugurated on Monday 30th April in Dubai ......read more

Board of Directors of Awqaf and Minors Affairs Foundation Approves 2018-2020 Strategic Plan…

Al Mutawa: Strategic Plan mandates implementation of several initiatives and meets fourth-generation system of government excellence Plan outlines 18 objectives under five key pillars to achieve AMAF’s mission and extend support to larger number of charity beneficiaries  Dubai-UAE: 30 April 2018 – Awqaf and Minors Affairs Foundation’s (AMAF) new strategic plan for ......read more

Locus Chain Foundation Launches Fourth Generation Blockchain Technology…

A secure transaction – end-to-end – can now be concluded in under two seconds irrespective of the broadband speed. DUBAI - April 29, 2018: Locus Chain Foundation, a Singapore-headquartered organization, today announced the launch of the fourth generation of blockchain technology. In a global first, this fourth generation blockchain platform will enable a transaction using ......read more

Great Place to Work® reveals UAE's ‘Best 25 Workplaces'…

UAE-based company THE One named ‘Best Workplace in the UAE’ and its CEO named ‘Leader of the Year for 2017-2018’ Dubai Airport Freezone Authority (DAFZA) becomes first UAE government entity to be recognized by Great Place to Work for its outstanding workplace culture  Dubai, UAE, 28 April 2018:  Great Place to Work® - a global research, ......read more

Region's happy workplaces revealed…

Based on multiple parameters, the inaugural edition of ‘Happiness @ Work Awards’ recognizes organisations in five different categories.  DUBAI – April 26, 2018:   The quotient of happiness existing among entities of the region was recognized at “The Happiness @ Work Award” program’s inaugural edition staged in Dubai. The workplace happiness ......read more

Boehringer Ingelheim Has a Very Successful 2017 Financial Year…

Sharp increase in net sales to nearly 18.1 billion euros (+15.7 per cent in currency-adjusted terms; +13.9 per cent in  euro terms) Operating income rises significantly to around 3.5 billion euros Return on net sales of 19.3 per cent Strengthened animal health business successful Boehringer Ingelheim Middle East, Turkey, Africa (META) achieved a sales growth of 10% in ......read more

Bosch Blazing New Trails in Mobility and Environmental Protection…

Record business performance in 2017 Successful business year in 2017: sales revenue increases to 78.1 billion euros Record earnings in 2017: EBIT from operations reaches 5.3 billion euros Bosch CEO Denner: “We want to keep people mobile and improve air quality” Breakthrough: diesel NOx emissions far lower than legally prescribed limits Strategy: cross-domain IoT ......read more

  • Page 1 of 6   300
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
Search PR 
Filter PR by


RSS DubaiPRNetwork.com on Twitter DubaiPRNetwork.com on InstaGram DubaiPRNetwork.com on Linkedin
 
Top Stories
 
Top Sections