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Montegrappa Welcomes Back Hazzaa Al Mansoori and Marks the Historic Occasion by releasing an Exclusive Edition of Writing Instruments

Charles Nahhas, Middle East Distributor of Montegrappa presenting the unique MBRSC pen to Salem Al Marri, Assistant Director General, MBRSC Dubai, United Arab Emirates, 17 October 2019:  To mark the historic event of Hazzaa AlMansoori becoming the first Emirati astronaut in space and his safe return from the International Space Station (ISS), Montegrappa has created a very exclusive collectors’ edition of pens based on the unique 1/1 piece presented earlier to MBRSC. The luxurious writing instrument is also available as a rollerball, and without some of the key elements of the unique version. On the 25 September 2019, the celebrated Emirati Astronaut Hazzaa AlMansoori was launched to the International Space Station, making him the first Emirati in space. The project was managed and executed by the Mohammed Bin Rashid ......read more

Worldsteel Short Range Outlook October 2019

Dubai, United Arab Emirates - October 15, 2019:   The World Steel Association (worldsteel) today released its Short Range Outlook (SRO) for 2019 and 2020. In 2019 worldsteel forecasts that steel demand in China will grow by 7.8% to reach 900.1 Mt and the rest of the world is expected to record 0.2% growth to 874.9 Mt. In 2020, Chinese steel demand is expected to grow by 1.0%, whereas steel demand in the rest of the world will grow by 2.5%, driven by 4.1% growth in the emerging and developing economies excluding China.  Global steel demand will grow by 3.9% to 1,775.0 Mt in 2019 and will grow by another 1.7% in 2020, reaching 1,805.7 Mt. Global steel demand remains resilient despite an uncertain global economic environment, driven by developing and emerging economies Commenting on the outlook, Mr Al Remeithi, ......read more

Commercial Bank of Dubai adopts the Microsoft Cloud to accelerate digitization

• Commercial Bank of Dubai will be amongst the early adopters of Microsoft’s UAE cloud regions to avail high performance, security, compliance and data residency   • “The Microsoft Azure cloud will deliver on CBD’s vision to digitally transform itself into a modern banking institution that can adapt and respond to the ever-changing customer needs.” Said Sayed Hashish, General Manager, Microsoft UAE   October 15, 2019; Dubai, United Arab Emirates:   In a further boost to its digital transformation initiative, Commercial Bank of Dubai (CBD), one of the leading banks in the UAE, today announced its partnership with Microsoft for the deployment of mission critical workloads on Azure Cloud aligned with the cloud strategy.    The announcement comes after ......read more

DAFZA contributes 12% to Dubai's foreign trade in first half of 2019

• Results show 8% growth in foreign trade • Trade surplus exceeds AED 11 billion • His Highness Sheikh Ahmed Bin Saeed: the growth of Dubai's foreign trade addresses global economic fluctuations and showcases its strength and sustainability • Dr. Mohammed Al Zarooni: results are a direct reflection of the positive reputation and confidence of foreign companies and investors     13 October, 2019: Dubai – United Arab Emirates:  Dubai Airport Freezone Authority (DAFZA) has further established itself as a global facilitator for business growth and prosperity and a vital engine for Dubai's economy following the announcement of its half year results for 2019. DAFZA's contribution to Dubai's foreign trade reached 12% in the first half of the year, confirming the success ......read more

IFS lays out blueprint for new era of intelligent and autonomous enterprise solutions

• Evolved architecture for service management, enterprise resource management (ERP) and enterprise asset management (EAM) for rapid innovation • Previews technologies to power augmented/mixed reality-powered remote assistance, digital twins and predictive maintenance    Dubai, United Arab Emirates, October 13, 2019 – IFS, the global enterprise applications company, unveiled its evolved industry-focused architecture at IFS World Conference 2019 in Boston.    Faced with uncertainties driven by the pressures of digital transformation and threats of disruption, businesses around the world are in need of software vendors whose primary focus is on outcomes rather than exclusively on technology. IFS demonstrated its outcome-centric approach by revealing its vision for how new technologies will ......read more

Dubai-Based NRI business leader donates INR 10m to his Alma Mater to setup Innovation and Incubation Centre

Sudhakar R. Rao, Chairman of Gemini Group pledge financial support of INR 10 million to his Alma Mater NIT Warangal on the occasion of its Diamond Jubilee celebrations. Funds to be used towards setting up a state of the art innovation and incubation center.      Dubai, United Arab Emirates - October 13, 2019:    Dubai-based Non-Resident Indian (NRI) business leader – Sudhakar R. Rao, Chairman of Gemini Group - has donated INR10 million (equivalent of more than Dh 500,000) to his Alma Mater NIT Warangal on the occasion of Diamond Jubilee Celebrations of the institute, to help setup Innovation and Incubation Centre.  On behalf of Mr Sudhakar Rao, the cheque was handed over by his mother, Mrs Ganga Raghavendra Rao and sister, Ms Sujatha Srinivasan Rao in presence of eminent dignitary KK Agarwal, ......read more

Dubai Refreshment Company Wins First Prizeat the Dubai Green Industrial Award 2019

Dubai, United Arab Emirates, 13 October 2019:  Dubai Refreshment Company PJSC “DRC”, the franchisee, sole producer and distributor of PepsiCo products in Dubai, Sharjah and the Northern Emirates, took first place at the Dubai Green Industrial Award 2019 presented by Dubai Exports in cooperation with Dubai Electricity and Water Authority “DEWA”, Etihad Energy Services and Dubai Energy Efficiency Program “TAQATI”.   The prestigious award recognizes Dubai Refreshment’s continuous efforts and commitment to operational excellence and environmental sustainability, which effectively reduced energy and water consumption by more than 20%, in addition to reducing the company’s carbon footprint by more than 4,000 tons compared to the previous year.   Three years ago, ......read more

Union Coop Hosts Almarai's Gifting Ceremony For the Second Time

Almarai Emirates Company LLC conducts the gifting ceremony of their ‘Back to School’ promotion at Etihad mall   Dubai, United Arab Emirates - October 12, 2019:    Saudi-based firm ‘Almarai’ hosts the gifting ceremony of its ‘Back to School’ campaign at Etihad Mall.  Union Coop and Almarai are two of the most familiar and trustworthy brand names we have in the UAE. Almarai announcing ‘105’ winners through this event is living proof of their commitment towards their valued customer.  As part of Almarai’s 2019 Back To School Campaign, a raffle draw was conducted on 26th Sept 2019 at Almarai Office, Dubai. The draw was conducted in presence of Dubai Economic Department official and a total of 100+ coupons were selected for families tickets to Warner ......read more

The My Perfumes Group receives the Golden Visa

Dubai, United Arab Emirates - October 12, 2019:   The 10 year Golden Visa found its way to veterans in the perfumery business – My Perfumes. The visas were ceremoniously granted to Mr. Firoz Husaini and Mr. Mustafa Firoz, owners of the 25 year old group. Their contribution to the perfumery industry is well known, they have been pioneers in the Perfumes and Bakhoors industry locally. Originating in 1993 they have traded in Oriental, French and local scents, with their own extensive manufacturing units.  Mr Firoz Husaini, the founder and Chairman of the group said that “This decision endorsed my commitment and love for the nation. Having spent more than 40 years in this country, I already felt an integral bond with the culture and had long term friendships with the local Dignitaries.” Mr. Mustafa Firoz, ......read more

du, Nokia & SRTIP Sign a Strategic teaming Agreement to Bring Sharjah's Knowledge-Based Economic Future into Fruition

The agreement will serve as a catalyst for driving Sharjah’s development into a regional and global business hub for Research and Development Dubai, UAE, 10 October 2019:  du, from Emirates Integrated Telecommunications Company (EITC), has signed a strategic teaming agreement with Nokia and the Sharjah Research, Technology and Innovation Park (SRTI Park) – a landmark agreement which will see the formation of a consortium to develop a range of innovative smart city initiatives for the Emirate of Sharjah. In the presence of the Finnish Ambassador to the UAE, Marianne Nissila and Osman Sultan, CEO of EITC, the agreement was signed on the sidelines of GITEX Technology Week 2019 by His Excellency Hussain Al Mahmoudi, CEO of SRTI Park, Saleem AlBlooshi, Chief Technology Officer at Emirates Integrated Telecommunications ......read more

Aquaplex with an eye on the future expansion of Specification sales, launches new Sales office in Dubai

Aquaplex has opened a new office following AED 8 million investment in reinforcing its ISD division. Dubai, United Arab Emirates, 10 October 2019:  Aquaplex, the leading supplier of plumbing and bathroom fixtures has opened a new office at Mazaya Business Avenue 2, Jumeirah Lake Towers, Dubai. The new office aims to cater to project-driven commercial opportunities presented by consistently growing construction activities in UAE, and the region.   Launched particularly for the Institutional Sales Division Team, the brand-new office will host a team of the 16 professionals. Ravi Hinduja, Founder & CEO of Aquaplex said, “This is an exciting time for Aquaplex, with us opening a new office and offering enhanced services to our ISD clients, amidst consistent talk of doom and gloom, on the street ......read more

Caparol Paints completes two decades of success, innovation and sustainability in the Middle East

The leading German paint manufacturer marked two decades of growth and innovation in the region Dubai, United Arab Emirates - October 09, 2019:     Caparol Paints, a global manufacturer of German paints and coating solutions, marked its twentieth anniversary of successful operations in the Middle East and Africa. Caparol Paints is bringing its technologically advanced and sustainable solutions suitable to the region for two decades now. The company’s celebration of 20 years in the region witnessed augmentation of its operations to the next level by catering to larger interior, exterior and architectural projects across the Middle East and Africa. Over the last two decades, Caparol has introduced innovative solutions and products that have set new benchmarks in the region’s painting and coating segment. ......read more

du, NXN, & TELUS Health Collaborate to Optimise the UAE Healthcare Sector

The organizations will select and implement the best in class TELUS eHealth solutions in line with the UAE’s visions to provide world-class healthcare services Dubai, UAE, 8 October 2019:  du, from Emirates Integrated Telecommunications Company (EITC), along with and NXN and TELUS Health, a specialized advisory and consulting organization, are collaborating to roll out the TELUS Health eHealth solution portfolio in the UAE. This consortium complements the organizations’ focus in developing a national eHealth capability to improve the healthcare outcomes in line with the UAE Vision 2021 to provide world-class healthcare. As an integral part of enabling technologies in multiple industries for the UAE, du is working with TELUS Health and NXN to optimise the UAE’s healthcare system as well as widen its ......read more

Nesma collaborates with Hytera for IoT-enabled mission critical communication technologies

The solutions will cater to massive public safety and smart city projects in Saudi Arabia and the UAE DUBAI- October 7, 2019:  Nesma Telecom & Technology Co. Ltd. (Nesma), a subsidiary of Saudi Arabia-based multinational conglomerate Nesma Holding, announced its plans to provide multi-mode advanced mission critical communication technologies of Hytera for public safety and smart city projects in Saudi Arabia, the UAE and other GCC countries.  Nesma has partnered with radio transceivers and radio systems manufacture Hytera to introduce mission critical communication solutions for public safety and smart city projects in the region. Hytera is one of the world’s leading professional mobile radio communication solutions provider with presence in over 40 countries.  Nesma is participating at GITEX Technology ......read more

DHL is one of the World's Best Workplaces recognized by Great Place to Work®

• DHL Express was ranked on this year’s list as one of the best 25 multinational workplaces, the third time in a row • DHL Express moved up two spots since 2018 (# 4)   Dubai, 7th October 2019:  DHL Express, the world’s leading international express service provider, has been recognized as the fourth best place to work globally in the 2019 employer ranking from Great Place to Work® and FORTUNE. Every year, Great Place to Work®, a global people analytics and consulting firm, assesses the work experience of employees through their certification program. In 2019, more than 8,000 organizations participated in the survey process, representing the voices of 12 million employees worldwide. From that pool of companies, the 25 World’s Best Workplaces have been selected. The assessment ......read more

Together with Airbus and Submer Technologies, 2CRSi has won a very high-performance server contract for a European anti-crime agency

United Arab Emirates, October 7,2019:   2CRSi announces that it has been chosen by AIRBUS to provide very high-performance calculation servers that will be used by a European anti-crime agency.   This commercial success relates to the rollout of OCtoPus 1.8B servers for a total 3,744 CPU Intel® Xeon® cores and more than 7.45 million NVIDIA® CUDA® cores. These OCP (Open Compute Project) servers have been specially designed to function in immersion cooling tanks developed by SUBMER TECHNOLOGIES.   The range of OCtoPus servers, launched by 2CRSi in 2017, provides a tangible response to the energy requirements of datacenters in order to meet their ecological challenges1 with a reduction in the energy consumption of OCtoPus servers of more than 23% compared to equivalent servers fitted with ......read more

Union Coop Honored by Dubai Chamber for the Seventh Consecutive Year

The prestigious CSR Label recognized Union Coop’s efforts in the field of Corporate Social Responsibility initiatives for the seventh year in a row   Dubai, United Arab Emirates - October 06, 2019:    Union Coop, the largest consumer cooperative in the UAE, has been awarded the Dubai Chamber Corporate Social Responsibility (CSR) Label for the seventh consecutive year. This is a recognition of the retail pioneer’s distinguished efforts in the field of corporate social responsibility and its commitment to develop responsible practices, its role in supporting vital sectors through participation and organizing community initiatives and environmental – friendly activities.   From Union Coop, Mr. Mohammed Berregad, Director of Admin Affairs Dept. received the award from H.E. Majid Saif Al ......read more

du Introduces Innovative Marketplace for AI-Powered eHealth Solutions at GITEX Technology Week 2019

The customer-centric AI innovations build on du’s drive towards enhancing patient safety and physician efficiency through technological innovation Dubai, UAE, 6 October 2019:  Through its commitment to making the United Arab Emirates the happiest country in the world, du, from Emirates Integrated Telecommunications Company (EITC), has unveiled three innovative Artificial Intelligence (AI) eHealth solutions during GITEX Technology Week. During the event showcase, du is enabling visitors and government ministries the chance to experience AI’s role in the future of the health and diagnostics space. Collaborating with three best-in-class AI companies, Infermedica, Infervision and Enbisys, du is showcasing unique AI-enabled healthcare applications at GITEX 2019. Not only do these applications augment du’s ......read more

Headline: UAE all set for 10th edition of Annual Investment Meeting

5 Pillars, One Belt One Road event, Football Investment World Cup & Fun Run are major highlights of the event to be held in Dubai on 24-26 March 2020  Dubai, United Arab Emirates - October 05, 2019:    Annual Investment Meeting (AIM), world’s leading investment platform, an initiative of the UAE Ministry of Economy, held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE, and Ruler of Dubai, is gearing up to mark its 10th edition at Dubai World Trade Centre on 24-26 March 2020. AIM 2020 themed ‘Investing for the Future: Shaping Global Investment Strategies’ will offer delegates from around 150 countries a unique platform to keep abreast of latest trends and best practices in investments around the world. Registration for ......read more

Union Coop Heads to China to Maintain Fish Food Security Standards

Dubai, United Arab Emirates - October 03, 2019:    Union Coop, the largest Consumer Cooperative in the UAE signed agreements with ‘Fish Farms’ and exporters in the People’s Republic of China, which will contribute towards the price reduction of Fish and marine products by 20 to 25%, compared to the current prices. In addition to building a sustainable Food and Fish security in the country, this move will lead to a rise in Union Coop's purchases of marine products to approx. AED 45 Million annually.  Mr. Yaqoob Al Balooshi, Fresh Category Trade Dept. Manager, Union Coop believes the move will contribute towards sustainable economic development and support the initiatives of environmental government agencies as well. He said: - “The agreements signed with the Chinese will contribute ......read more

Dubai Chamber awards CSR Label to Alpen Capital for the eighth time

Dubai, United Arab Emirates -  October 02, 2019:   Alpen Capital (ME) Limited, Dubai, was recognized once again with the Dubai Chamber CSR Label. This is the eighth consecutive year that the organization has won the accolade for its Corporate Social Responsibility (CSR) efforts. H.E. Majid Saif Al Ghurair, Chairman, Dubai Chamber of Commerce and Industry presented the award to Sameena Ahmad, Managing Director, Alpen Capital and Blessy Maben, Assistant Vice President, Alpen Capital at a special event held yesterday. Alpen Capital has always shown a strong commitment to inculcating CSR and sustainability practices as a part of its everyday work life.  Alpen Capital’s CSR framework is an integral part of its business strategy and is reflected in its approach towards employees, vendors, the larger community ......read more

Refinitiv: Assets Under Management of Arabian Fund Markets increased to US$ 32.4 billion in H1 2019

Dubai, United Arab Emirates -  October 02, 2019:   The fund industry in the Arabian markets including Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates enjoyed overall estimated net inflows of $2.5 bn in H1 2019 according to Refinitiv Lipper Data. These inflows occurred in a volatile but positive market environment driven by discussions about a possible trade war between the U.S. and China, a possible return of the euro crisis caused by developments in Italy and France, and a general economic slowdown with decreasing earnings at the company level. Nevertheless, since the equity markets showed a rebound over the course of H1 2019, one would expect to see net inflows into mutual funds. “The overall assets under management in the Arabian fund markets increased from $30.5 bn to $32.4 bn in ......read more

The region's first Middle East Instrumentation Control and Automation Conference held successfully

The event was powered by industry stalwarts including Saudi Aramco, SABIC, Siemens, ADNOC, Kuwait Oil Company, Yokogawa and several others Dubai, United Arab Emirates -  October 02, 2019:   The selection of right instrumentation plays a vital role across varied industries. It aids in heightened efficiencies, allows for reduced environmental impacts and is a valuable face to stay competitive. In lieu of the same, major stakeholders from oil and gas, logistics, as well as the aviation industry discussed latest technologies related to Instrumentation control, Automation and Industrial Cyber Security at the Middle East Instrumentation Control and Automation Conference & Showcase (MEICA) that took place in Dubai recently. Spanning over three days, from 1st to 3rd October, the event witnessed the presence of leading ......read more

The Most Powerful and Advanced Smartphones — iPhone 11 Pro and iPhone 11 Pro Max — and All New Dual Camera iPhone 11, Available from du

du is providing the new iPhone 11 line-up to both individual and enterprise customers via a customer-centric range of offers Dubai, UAE, 1st October  2019:  du, from Emirates Integrated Telecommunications Company (EITC), today announced it is offering the latest products from Apple, including iPhone 11 Pro and iPhone 11 Pro Max, a new pro line for  iPhone, as well as the new dual camera iPhone 11. Customers can order iPhone 11, iPhone 11 Pro and iPhone 11 Pro Max from du’s retail outlets or online at www.du.ae. ‘Advanced Smartphone Offerings’ Fahad Al Hassawi, Deputy CEO – Telco Services at EITC, said: “At du, we are always on the lookout for innovative technology offerings to boost our customers’ lifestyles as well as the business continuity of the UAE’s enterprise ......read more

Tabreed Concludes its Participation in UN Climate Action Summit 2019

30 September 2019, Abu Dhabi, UAE:  The National Central Cooling Company PJSC “Tabreed,” the global leading UAE-based district cooling developer, participated in the United Nations Climate Action Summit 2019 and related side events, which took place in New York City, USA from 21 – 25 September 2019.  The summit brought together international stakeholders from the public and private sectors under the theme ‘A Race We Can Win. A Race We Must Win’ to discuss means of accelerating actions to implement the Paris Agreement on Climate Change by focusing on energy transition, climate finance and carbon pricing, industry transition, nature-based solutions, infrastructure, cities and local action, resilience and adaptation. Through its participation in the “We Will: Efficient, Clean Cooling for ......read more

Other Top Stories from Banking and Investments
 
Ajman Bank Wins Sharjah Gulf Nationalization Award…

Ajman Bank, one of the leading Islamic financial institutions in the UAE, was named the winner of Sharjah Gulf Nationalization Award at the Sharjah Economic Excellence Awards. The coveted accolade was presented by H.H. Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Deputy Chairman of Sharjah Executive Council to Mr. Mohamed Amiri, the Chief Executive Officer of Ajman ......read more

Ajman Bank Supports UAE Federal Council Election Process…

To support the UAE Federal Council Elections and facilitate voting, Ajman Bank has announced paid time off for its employees. All eligible Ajman Bank staff will be able to leave work 2 hours early at the end of the day from 1st to 3rd October to cast their votes. Mr. Mohamed Amiri, Chief Executive Officer, Ajman Bank, stated, “Very often, people opt not to vote despite the significance ......read more

11 per cent of Al Ansari Exchange workforce made up of UAE Nationals…

97 per cent of Al Ansari Exchange sales call center is managed and operated by Emiratis   UAE, September 30, 2019:   Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company, affirmed its commitment towards the UAE’s Emiratisation drive to boost the national workforce in the private sector in line with the UAE Vision 2021 National ......read more

P&O Marinas Reinforces Dubai's Position as Leading Destination for Yachting Enthusiasts…

Participation In Monaco Yacht Show Underpins Rapidly Rising Profile Of The Yacht And Superyacht Sector In The UAE Dubai, United Arab Emirates -  September 30, 2019:   P&O Marinas, a DP World company, has showcased Dubai’s position as a growing and highly sought-after destination for the global yachting community at the Monaco Yacht Show, superyacht enthusiasts and the ......read more

UAE all set for 10th edition of Annual Investment Meeting…

Five Pillars, One Belt One Road event, Football World Cup & Fun Run are major highlights of the event to be held in Dubai on 24-26 March 2020 Dubai, September 29, 2019:  Annual Investment Meeting (AIM), world’s leading investment platform, an initiative of the UAE Ministry of Economy, held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President ......read more

BIOS Middle East puts the spotlight on Multi-Cloud during GITEX 2019…

BIOS Middle East will be participating at the week-long technology trade show with Cisco, highlighting the benefits of Multi-Cloud environments.    Dubai, UAE – September 29, 2019:  Successfully advancing customers’ cloud journeys, UAE-headquartered BIOS Middle East together with global technology giant Cisco, will be showcasing how customers can efficiently and ......read more

HUECK Middle East showcases innovative products & solutions at ‘Windows, Doors & Facades Event 2019'…

HUECK is known for its collaborations with research & development institutes for system developments including green technology sector September 26, 2019:   HUECK Middle East Aluminium Systems, one of the leading and most trusted aluminium solutions system provider, is showcasing its latest, and some of the most innovative solutions for the façade industry at the ......read more

Anglo-Gulf Trade Bank Brings International FinTech Talent Home to Abu Dhabi…

Innovative internship program bolsters Abu Dhabi’s status as a world-class centre for finance and innovation Abu Dhabi, UAE, 26 September, 2019: Anglo-Gulf Trade Bank (AGTB), a global pioneer in digital transaction banking, recently brought a new wave of fresh, creative, and curious financial minds to the world-leading financial hub of Abu Dhabi as part of the company’s inaugural ......read more

Zurich launches global contest to spot promising startups from around the world, including from the ...…

Dubai, United Arab Emirates -  September 25, 2019:    Zurich Insurance Group (Zurich) has launched the second edition of its global ‘Zurich Innovation Championship’, offering startups from around the world the opportunity to work with the global insurer to grow their business.  In its second year, the global contest which prides itself as one of the leading ......read more

FANR Certifies second group of UAE National Nuclear Reactor Operators…

- A major milestone in the UAE Peaceful Nuclear Energy Program - 53 SROs and ROs now qualified to work at the Barakah plant; of which 22 are UAE Nationals  - Certification is part of Operational Readiness; a key requirement of the Operating License Application   Abu Dhabi, UAE - 24 September 2019:  The second group of 38 multinational Senior Reactor Operators ......read more

Al Ain Book Fair Launches its 11th Edition…

Event held under the Patronage of HH Sheikh Tahnoun bin Mohammed bin Khalifa Al Nahyan Prominent Emirati and resident authors, artists and intellectuals to take part in a varied cultural programme, organised by Department of Culture and Tourism - Abu Dhabi Al Ain Book Fair set to run from September 24 to October 3 Al Ain, UAE – September 23, 2019:  Under the Patronage of HH ......read more

H.E. Eng. Hessa Al Malek awarded Integration of Women in the Maritime Sector Award at Seatrade ...…

September 23, 2019:  In a glittering awards ceremony awarding the best of the regional maritime industry, H.E Eng. Hessa Al Malek, Marine Transport – Executive Director, Federal Transport Authority - Land & Maritime, was given the Integration of Women in the Maritime Sector Award while Capt. Rado Antolovic Phd, CEO & Managing Director, DP World - Maritime Services Division was ......read more

DHL Express announces annual price adjustments for 2020 in United Arab Emirates…

Average rate increase of 4.9%, effective January 1, 2020 Dubai, United Arab Emirates -  September 23, 2019:   DHL Express, the world’s leading international express services provider, announced a price increase today that will take effect on January 1, 2020. The average shipment price will be 4.9% compared to 2019. “It is our goal at DHL Express to support our ......read more

Dubai Soars to Number Eight Amongst Global Financial Powerhouses…

Maktoum bin Mohammed: Dubai’s steady ascent in rankings driven by DIFC’s remarkable success in building an ecosystem that fosters financial industry growth • Dubai recognised as a top ten financial centre in Global Financial Centres Index for its role in contributing to the development of the regional economy and identifying new pathways to boost the financial technology ......read more

Global thought leaders gather at AVSEC 2019…

Dubai, United Arab Emirates -  September 23, 2019:   More than 650 delegates, from over 50 countries, and 30 speakers headlined another thought-provoking and action-packed edition of the aviation security conference – AVSEC Global 2019. The symposium was officially opened earlier today by HH Sheikh Ahmed bin Saaed Al Maktoum, Chairman and Chief Executive Emirates Airline ......read more

RAK ICC strengthens Ras Al Khaimah's status as global business hub…

Appointment of three global leaders underscores RAK International Corporate Centre’s serious intentions to win the global flight to quality Dubai, United Arab Emirates -  September 23, 2019:   His Highness Sheikh Ahmed bin Saqr Al Qasimi, Chairman of RAK International Corporate Centre (RAK ICC), has re-affirmed the RAK ICC’s commitment to achieve global recognition ......read more

KhalifaSat congratulated people of KSA with a capture of the skyscraper, Kingdom Centre, image ...…

September 22, 2019:   KhalifaSat, an earth observation satellite, congratulated people of KSA with a capture of the skyscraper, Kingdom Centre, image from space.  The image is 70 cm in resolution and taken from 6 degrees roll tilt angle.   KhalifaSat was fully developed at MBRSC facilities by Emirati engineers and was launched to space in October 2018. It has 5 patents ......read more

Tilal Properties showcases Tilal City at Cityscape Global…

Providing reduced rates, significant cash discounts, flexible payment plans & fees waivers for end-users, investors & brokers Invites home seekers and investors to avail exclusive offers during the 3-day exhibition in Dubai Sharjah, UAE - 21st September 2019: Tilal Properties, a joint venture between Sharjah Asset Management and Eskan Real Estate Development, has announced its ......read more

BCG's 2019 SEDA Global Standings, Report GCC as a Global Leader…

The GCC region performed well compared to the rest of the world, most notably in the area of income, BCG’s latest SEDA global report reveals.   Dubai, September 19, 2019 — The Gulf Cooperation Council (GCC) region has emerged as a global leader in several SEDA dimensions, according to a new report compiled by Boston Global Consulting Group (BCG), titled Measure Well-Being ......read more

Peru brings craftsmanship and exclusive designs to the region's design and hospitality sector…

Dubai, United Arab Emirates -  September 18, 2019:    Peru, one of the most beautiful Latin American nations, exhibits a diverse range of inimitable home décor products with great vision and aesthetic qualities at INDEX Dubai.  The Peruvian pavilion will showcase a balance between innovation and tradition with unique and high-quality decorative items designed to meet the ......read more

AdColony Intelligence Summit 2019 unveils the latest trends while shaping the future of the Digital ...…

Survey findings reveal that 9 out of 10 smart phone users play mobile games in the MENA region and among all the participants' regions, Egypt plays more often compared to others.   18th September, 2019:  This year, world's largest mobile advertising network - AdColony organized its must-attend event’s Digital Industry Get Together for ACIS’19 in Istanbul, with ......read more

Group Partnership wins back DEWA account in five-way pitch…

Dubai, UAE (September 17, 2019): Group Partnership, a WPP company, has won back the DEWA creative services account following a five-way pitch.   The Dubai-based agency has been appointed to create and implement a plethora of communications supporting DEWA’s business, with a key focus being their innovation and sustainability agendas as the organization gears up for Expo ......read more

Jumbo Electronics launches series of Green Initiatives…

UAE retailer expects to cut down on usage of paper by 1 million tons a year  Dubai, UAE; 17th September 2019:  Jumbo Electronics, the leading OmniChannel retailer in the region has launched a series of green initiatives to build a culture of environmental awareness and sustainability among shoppers and staff. Since July 2019, Jumbo Electronics has replaced paper invoices with ......read more

Saeed Al Tayer commends Ahmad Bin Shafar for his pivotal role in developing Empower and the ...…

Dubai, UAE, 17 September 2019:  HE Saeed Mohammed Al Tayer, Chairman of Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, honoured Ahmad Bin Shafar, CEO of Empower in recognition of his pivotal role in enhancing the cooling sector in the Middle East, promoting Empower internationally, and supporting global strives for ......read more

Refinitiv Announces the 2019 D&I Index Top 100 Most Diverse & Inclusive Organizations Globally…

D&I Index measures relative performance against multiple factors that define diverse and inclusive workplaces. Industries leading this year’s index include 13 pharmaceutical firms; 11 banking, investment services & insurance; 9 telecommunications services; 7 personal & household products & services. United States leads the Top 100 list with 25 firms followed by United ......read more

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