By Ole Hansen, Head of Commodity Strategy at Saxo Bank
May 12, 2019 - Dubai, UAE
It took one Sunday tweet from President Trump to shatter the relative calm across global financial markets. Instead of going into a week widely expected to yield a long-awaited trade deal between the US and China, the president instead tweeted that he was preparing to lift tariffs from 10% to 25% on $200 billion worth of Chinese imports.
The decision was taken in response to an apparent backtracking by China on almost all aspects of the trade deal. Predictably, it spooked the market and risk sentiment was hit across the board, with safe-haven US bonds and the Japanese yen being two of the few markets receiving a boost.
A record short position held in the Cboe VIX future, which tracks equity volatility as represented in the S&P 500 ......read more
Dubai, UAE, 11 May 2019: Customs World, a subsidiary of the Ports, Customs and Free Zone Corporation (PCFC) showcased their revolutionary in-house developed customs (RIISE) project in Uzbekistan. As part of an official UAE delegation to Uzbekistan that aims to enhance investment and development between the two countries, Nadya Abdullah Al Kamali, CEO of Customs World delivered a presentation about RIISE to a number of Uzbekistani officials.
RIISE, the new platform, will be rolled out globally to empower different countries with a cost-effective and sustainable customs system that allows them to effectively and transparently manage core customs activities and conduct trade in the global market. The disruptive system has been developed as a flexible, plug-and-play solution that can be deployed and customized based on the ......read more
Abu Dhabi, United Arab Emirates, 1st April 2019: Under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs and Chairman of the Abu Dhabi Agriculture and Food Safety Authority, Her Excellency Mariam bint Mohammed Saeed Hareb Almheiri, Minister of State responsible for future food security, opened the 6th edition of the Global Forum for Innovations in Agriculture in Abu Dhabi, in the presence of His Excellency Dr. Thani Bin Ahmed Al Zaidi, Minister of Climate Change and Environment .
The Global Forum for Innovations in Agriculture held on the 1st and 2nd of April, at the Abu Dhabi National Exhibition Center (ADNEC), in conjunction with the region’s largest honey production conference and exhibition ApiArab Expo. Over 310 exhibitors are ......read more
Dubai, UAE, March 25, 2019: On Thursday, March 14th, 2019, 40 tons of live honeybees landed at Ras Al Khaimah International Airport on an Egypt Air Cargo flight from Cairo for the first time in 2019. Many customers were waiting to welcome the bees and take them to various farms across the UAE.
Al Najeh Honey entrusted Ras Al Khaimah International Airport (RAK) with this task and the entry of the honeybees to UAE was executed flawlessly by RAK airport offering best handling services thereby ensuring that the honey bee shipment is delivered and handed over to the consignee in the shortest possible time.
Mr Sanjay Khanna, CEO, RAK Airport said that “the entire team at RAK Airport put in immense efforts to join all the dots together. Lot of planning has gone behind this to achieve the final goal of handling and delivering ......read more
Dubai, UAE - 5 March 2019: His Excellency Engineer Saif Al Shara, Assistant Undersecretary for the Sustainable Communities Sector at the Ministry of Climate Change and Environment (MOCCAE), has officially inaugurated AgraME today (5 March), one of the region’s key agribusiness, aquaculture and animal health trade events taking place until 7 March at the Dubai World Trade Centre.
His Excellency Eng Al Shara delivered a keynote address, setting the tone for the event that has put both food security and the United Nations Sustainability
Development Goals at the forefront of the free-to-attend CPD accredited conference stream, which spans across the full three days of the landmark event. The conference agenda for day one focusses on a series of presentations under the theme ‘Investment opportunities in the Arab ......read more
HE Mr Simon Penney, Her Majesty’s Trade Commissioner for the Middle East visits Al Maya
March 04, 2019 - Dubai, UAE
HE Mr Simon Penney, Her Majesty’s Trade Commissioner for the Middle East, Afghanistan & Pakistan has welcomed by Mr Kamal Vachani, Group director at Al Maya. They discussed the ways to enhance business relationship with UK companies and to increase imports from UK. Al Maya Group imports a large number of FMCG goods from UK and are constantly expanding their range of UK products in their supermarkets. The UK products have well accepted in UAE and Middle East and Al Maya has been a pioneer in stocking, displaying and distributing British products.
UAE, March 4, 2019: eToro, a global multi asset investment platform, utilizing data from its platform has found that those who trade in crypto assets are also becoming investors in other assets, including stocks, commodities and forex.
Globally, the data shows that from the new investors who started to use eToro in 2017 and 2018 to trade crypto, 11% of them then went on to diversify their investments into traditional stocks, commodities and forex.
Interestingly Arab crypto investors who used eToro also went on to trade in other assets. According to the findings, 9% of crypto traders from the GCC and Arab region went on to invest in other assets. 30% of the Arab and GCC crypto traders went on to trade commodities. In other words 2.7% of the total of 9% of GCC and Arab Crypto traders invested in trade commodities. A ......read more
04 March, Dubai, UAE: Agriculture industry professionals from around the world are in Dubai for this week’s AgraME, one of the industry’s leading regional trade events, to debate, promote and reshape the future of the regional agriculture, aquaculture and animal health sectors which are all experiencing game-changing growth.
A wide range of regional and international companies, speakers, buyers and industry pioneers will be descending on the event to make the most out of the conferences and workshops, at the three-day exhibition which runs from March 5 until 7 at Dubai World Trade Centre (DWTC).
AgraME will offer visitors free access to four different conference streams – the Agriculture Investment Forum; Controlled Environment Agriculture; Aquaculture and Animal Health. The conference streams for 2019 have ......read more
Dubai, UAE – February 25, 2019: Dubai Trade, the premier trade facilitation entity that offers integrated electronic services from various trade and logistics service providers in Dubai, honoured Kanoo Shipping, a division of The Kanoo Group, with ‘Electronics Services Award to Shipping Agent for General Cargo Service’ at the 11th E-Services Excellence Award.
The 11th cycle of E-Services Excellence Award (ESEA) ceremony was held at the Intercontinental Festival City Hotel, Dubai, on 18th February 2019, under the patronage of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai.
Abdulla Bin Damithan, Chief Commercial Officer, DP World, UAE Region, delivered his keynote speech and Hussain Alblooshi, Acting Chief Operating Officer, Dubai Trade, gave his welcome remarks in ......read more
Representative from the UN Food and Agriculture Organisation to speak at the AgraME Conference in Dubai.
14 February, Dubai, UAE: Under the Patronage of the UAE Ministry of Climate Change and Environment, AgraME, the regions longest running exhibition for Agriculture have collaborated with the UN to enable food security in the region through adoption of the United Nations Sustainable Development Goals (SDGs) in their upcoming Conference.
Taking place on 5 – 7 March at the Dubai World Trade Centre, the event will be hosting a high level, free-to-attend conference which focuses on the SDG’s and covers key advancements and trends within the MEA Industry in Agriculture Investment, Animal Health, Aquaculture and Controlled Environment Agriculture.
The UN SDG’s have been created as a framework for the ......read more
28 January 2019, Abu Dhabi – UAE: SENAAT, one of the largest industrial investment holding companies in the UAE, is all set to showcase a wide range of job opportunities at Tawdheef, the region’s leading recruitment event, taking place at Abu Dhabi National Exhibition Centre.
As an Industrial Partner for seventh consecutive year, the Abu Dhabi-based industrial conglomerate will offer over 172 potential job openings and career-development opportunities, which represent a wide range of disciplines at the group level and at its portfolio companies, including Emirates Steel, Al Foah, Arkan, National Petroleum Construction Company, Al Gharbia Pipe Company and Ducab.
H.E. Eng. Jamal Salem Al Dhaheri, CEO of SENAAT, said: “A well-nurtured human capital is one of our greatest ......read more
Thursday 17th January 2019:
The Board of Directors of the Central Bank of the UAE, held its first meeting for 2019 following its restructuring, on 14th January 2019, at the Central Bank Head Office – Abu Dhabi, under the chairmanship of H.E. Hareb Masood Al Darmaki, the Chairman of the Board. The meeting was attended by H.E. Abdulrahman Saleh Al Saleh, Deputy Chairman of the Board and H.E. Mubarak Rashed Al Mansoori, the Governor, and Board members; Their Excellencies Younis Haji Al Khoori, Khaled Mohammed Salem Balama, Khalid Ahmad Al Tayer and Ali Mohammed Al Madawi Al Remeithi, 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.
H.E Chairman of the Board opened the meeting by ......read more
UAE, Dubai, 7 January 2019 – Up to 1 in 5 candidates across the EMEA Life Science’s industry have been found misrepresenting information on their job applications, according to recent findings by HireRight, a leading provider of global candidate pre-employment screening services. The findings have been released as part of HireRight’s 2018 EMEA Employment Screening Benchmark Report, which surveyed over 6,000 HR professionals across the EMEA, APAC and US regions.
Life Sciences, a field ranging from pharmaceuticals and biotechnology to food processing and environmental organisations, has witnessed huge growth in recent years, with the global pharmaceutical industry alone forecast to reach US 1.06 trillion by 2022, according to Deloitte’s 2018 Global Life Sciences Outlook. In line with this ......read more
Dubai, UAE, December 27, 2018: The Ministry of Human Resources and Emiratisation has introduced job descriptions as part of a new occupational classification scheme. The scheme is used for new work permit applications in the mainland. It is now more challenging for employers to select a suitable job title that matches the foreign national’s responsibilities and educational qualifications.
The Ministry of Human Resources and Emiratisation (MOHRE) has introduced job descriptions as part of a new occupational classification scheme which is now used for new work permit applications in the mainland.
New occupational classification scheme
The new occupational classification scheme is comprised of a list of 726 job titles in nine professional categories, including managerial positions, specialists and ......read more
Dubai, UAE, December 18, 2018: National Detergent Company SAOG (NDC), a leading FMCG company in the Sultanate of Oman, appointed industry veteran William Hunt as its new CEO. Prior to joining NDC, William Hunt was the CEO of Soaps and Chemicals Industrial and Trading in Sharjah (UAE) prior to joining NDC.
Hunt comes with exposure in a number of industries including plastics, chemicals, and fast-moving consumer goods industries. He has seen great success in dealing with global retailing giants such as Walmart, Menards, Carrefour, Tesco, and Woolworths.
A well-respected international executive - Hunt has been a key member of several globally renowned companies’ executive and leadership teams for the past 20 years. He has held the position of President of Access Business Group, in the USA; Executive Director of ......read more
Middle East’s leading free zone focused on helping build Dubai’s food and agriculture industries
Dubai, United Arab Emirates, 05 Nov 2018: Jebel Ali Free Zone (Jafza), the GCC’s leading free zone showcased its range of services at this year’s Agriscape 2018, the Middle East’s leading trade show for the agribusiness sector.
Jafza has become the preferred destination for agribusiness-related trade in the Middle East, including leading industry players such as Mars, Nestle, and Mondelez among others.
Foodstuff, animal and agricultural products are one of Jafza’s top five sectors with trade volumes of 3.5 million metric tonnes in 2017, and over 4,900 port customers. Fruits and vegetables, animal feed, grains and by-products and beverages are top traded commodities.
Over 500 ......read more
Effective 11 September 2018, employment across four sub-sectors within the retail sector in Saudi Arabia will be restricted to Saudi nationals only. Foreign nationals will be prohibited from working in forty-three different professions.
September 09, 2018: Thirteen professions across three additional sub-sectors will be subject to restrictions effective from 9 November 2018, and forty-four designations within five other sub-sectors will be affected from 7 January 2019 onwards.
Professions restricted to Saudi nationals are within the below listed sub-sectors:
From 11 September 2018 onwards:
Automobile and motorbike showrooms;
Shops selling ready-to-wear apparel, children and men’s cloths;
Shops selling ......read more
Dubai, UAE, August 14, 2018: HireRight, a leading provider of global candidate due diligence services, has announced findings from its 2018 EMEA Employment Screening Benchmark Report. Finding, retaining and developing talent has been earmarked as a key challenge this year for more than half (52%) of EMEA businesses, according to the latest annual EMEA employment screening benchmark report from HireRight.
In this year’s survey of human resource (HR) and risk professionals in Europe, the Middle East and Africa (EMEA), employee growth emerged as one of the top priorities for EMEA businesses. 71% of companies reported that they are planning to grow their workforce in 2018, compared to 59% in 2017. Further, there has been a shift from attracting talent to retaining it, with 43% of businesses having identified maximising ......read more
Superbrands, the independent authority and arbiter of branding, announced it will host its annual tribute event to honour and recognize 58 of UAE’s strongest brands on June 27, 2018. At the event, Superbrands will also announce the highly awaited ‘Brand of the Year’ award and unveil the 14th edition of the much sought-after Superbrands book, which includes a two-page profile of each of the Superbrands.
In its 14th edition, the Superbrands tribute event is considered the ‘Oscars of Branding’ by the corporate world and speaking about the event, Mr. Mike English, Director, Superbrands Middle East, said, “Marketers have always had to juggle two seemingly contradictory goals: making their brands distinctive and making them central in their category. Being acknowledged a Superbrands helps strengthens a ......read more
April 28, 2018 United Arab Emirates: The UAE, ably deputized by the Ministry of Climate Change and Environment (MOCCAE), participated in the first Jordan International Agricultural Forum and the 35th session of the General Assembly of the Arab Organization for Agricultural Development (AOAD) in the Dead Sea region, Jordan on April 25 and 26.
The UAE’s deputation was presided by His Excellency Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of Climate Change and Environment, and comprised of high-level officials from the Ministry as well as representatives of the private sector.
His Excellency Dr Al Zeyoudi attended the Forum and associated exhibition and held bilateral meetings with several Arab ministers concerned with environment and climate change to discuss further areas of cooperation in agriculture, livestock ......read more
Multiple Full & Part Time Jobs with Flexible Working Hours Available, Helping Mothers to Return to the Workplace
Dubai, UAE, April 16, 2018: Mumzworld, the region’s leading e-commerce platform for all things mother, baby and child, has taken yet another innovative step in helping to empower mothers with the re-introduction of their pioneering and highly successful ‘return to work’ programme for qualified and professional mums who are looking to return to the workplace.
The initiative introduced by the leading award-winning company that was founded by two mums and includes a dynamic team of women at all levels of the organisation, promises flexible working hours, the opportunity to work from home, and specialised training that will provide the toolkit for women to resume and develop their ......read more
DUBAI – April 16, 2018: Dubai-based Al Kasir Group launched three Crypto assets backed by certified diamonds. Al Kasir Jewellery Trading and Al Kasir portal, a joint venture under the private office of His Highness Sheikh Ahmed Bin Obaid Al Maktoum, announced the launch of the innovative diamond trading model using the blockchain technology for the first time in the world.
Al Kasir Group, a joint venture under the private office of His Highness Sheikh Ahmed Bin Obaid Al Maktoum and Dr. Amit Lakhanpal, Indian entrepreneur, property developer and director of the Al Kasir Group.
Speaking at a press conference in Dubai, Dr. Lakhanpal said, “Cryptocurrencies with their underlying Blockchain technology are increasingly popular amongst individuals, financial institutions and governments, however many of ......read more
Dubai, UAE, March 31, 2018: Skyline University College hosted the National Seminar on Case Studies and Research on March 26, 2018 at SUC campus. The Chief Guest of the event was Dr. Faisal Ali Mousa, Chairman of FAM Holding. Dr. Mousa delivered a motivational speech where he shared his experiences of a journey starting from 3000 dirhams to 3 billion dirhams. He talked about the challenging times of his career as well as the strategies and the principles he always adhered to.
SUC Professor, Dr. Gouher Ahmed was the first speaker of the seminar who discussed the topic, “Case Research Some Issues” followed by the welcome remarks by SUC Dean, Dr. Amitabh Upadhya. Other guest speakers of the seminar were Dr. Narjes Haj-Salem of the College of Business Administration, University of Sharjah; Dr. Christopher Abraham, ......read more
Dubai, 27 March 2018: An Alliance for Youth bringing together companies and other entities interested in helping young people in the region enhance their skills and develop their careers is launching in Saudi Arabia, contributing to the regional commitment to impact 50,000 and employ 3,000 local youth by 2020.
The Alliance in Saudi Arabia, coming two years after the regional launch based on a model created by Nestlé Middle East; is starting off with partnership between Alawwal Bank, Ikea, Mayar (Muhaidib Foods), Nielsen, Savola, Tamer Group, and the University of Business and Technology.
“We know from experience in other countries that concerted collective efforts through partnerships and collaboration amplify positive impact in society,” said Samer Chedid, General Manager at Nestlé ......read more
Abu Dhabi, 27th March, 2018: Do you pride yourself on being a connoisseur of all things luxury? Airbnb is looking to hire a luxury home consultant based in Abu Dhabi. The hospitality brand posted a job description for the role on global careers site LinkedIn earlier this month.
The job posting states that the role is for the Luxury Retreats arm of Airbnb and would involve the candidate going through detailed inspections of the Luxury accommodation, being Airbnb’s eyes on the ground in terms of ensuring the standards and quality of homes. The position is only for four hours a week, and offers a flexible work schedule. The successful candidate should be fluent in English and have their own vehicle. Experience in hospitality, customer service, or related fields are preferred.
Dubai – 26 March 2018: Following the wise directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan of empowering UAE citizens and providing them with jobs within a holistic strategy and approach that supports the UAE Vision 2021, Dubai Customs is participating in the 3rd National Service Career Fair 2018.
The 3-day event is organized by the National ......read more
March 25, 2018 - Software AG, a global leader in enterprise architecture, IT & business transformation, agile processes, IoT and big data, has announced that it has partnered with IDC to hold the ‘Smart Services Transformation in the Public Sector’ aimed at helping government organizations implement scalable smart services. The one-day event to be held at the Burj Al Arab in Dubai ......read more
UAE sales professionals list more relationship-based sales skills in their LinkedIn profiles
Data reveals Skills Mismatch between sales skills UAE employers are seeking and skills being listed on LinkedIn
In addition, data shows an increase in social selling through the platform
Dubai, United Arab Emirates, 25 March 2018: An in-depth analysis by ......read more
Written by Vinod Vasudevan, co-founder & CTO at Paladion
The increasingly-complex, data-flooded threat landscape has created new challenges for cyber security. Attacks and attackers are no longer known, and must be uncovered in near real-time.
The threat landscape has changed. Organizations have more vulnerability points than ever—and these will only grow as organizations ......read more
Dubai, 19 March 2018 - “The UAE has been ranked in the 20th place of the World Happiness Report, in addition to being listed as the happiest country in the Arab World for the fourth consecutive year in the UN Sustainable Development Solutions Network's 2018 World Happiness Report, ahead of the United Nations International Day of Happiness. True happiness arises from self-compassion as ......read more
UAE, March 19, 2018 - Hamdan Bin Mohammed Smart University (HBMSU) recently hosted a delegation from the Dubai Committee of Military Human Resources led by Major General Muhammad Saad Al Sherif, Assistant Commander for Administrative Affairs, Chairman of Dubai Committee of Military Human Resources, in line with its efforts to promote cooperation in human resources (HR) development, following the ......read more
Are you a full time mum but a big kid at heart? We have the perfect job for you
Dubai, 18 March 2018: Think your powers of observation and deduction could rival those of the great Sherlock Holmes? If so, your services could be in demand at Dragon Mart as it launches a massive job hunt for a Toy Detective to explore the mall for the coolest kids’ toys on the market.
This ......read more
March 15, 2018: The Middle East Facility Management Association (MEFMA) has announced that it has formed a new category for its members, the Strategic Corporate Members, and established the Strategic Corporate Members Committee, which would include MEFMA’s pioneering members. MEFMA said it reflects the Association’s focus on developing new opportunities for strategic engagements by ......read more
Dubai-UAE: 15 March, 2018 – Awqaf and Minors Affairs Foundation (AMAF) witnessed significant interest from Emiratis seeking job opportunities in the charity and social work domain at Careers UAE 2018.
During its participation in the leading job fair for UAE nationals that concluded today at the Dubai World Trade Centre, AMAF’s representatives introduced job ......read more
Dubai, UAE, March 13, 2018 - The General Secretariat of the Supreme Legislation Committee in the Emirate of Dubai (SLC) continues to attract qualified national cadres to promote legal and legislative excellence during its successful participation in Careers UAE 2018, which is being held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime ......read more
Khalifa Fund for Enterprise Development (KFED) hosted recently a forum on ‘Strategic Alignments – Connections 2018’ which brought together top-level officials from federal and local entities within the legislation and banking sector, as well as development institutions that support and fund local, small and medium enterprises (SMEs) and entrepreneurs in the UAE. The event formed ......read more
Under the theme “Innovative workplace searches for you”
Dubai, UAE, 13th March 2018: Dubai Customs participated in Careers UAE 2018 in its 17th year, organized by the Dubai World Trade Centre from 13 to 15 March 2018 under the theme “Innovative workplace searches for you”. The participation is part of Dubai Customs efforts to qualify and develop national ......read more
UAE, March 12, 2018- A contingent of government officials from Brazil’s Ministry of Agriculture, Livestock, and Supply (MAPA) recently visited the UAE as part of its mission to establish its presence in new major Asian and Middle Eastern markets, according to the Arab Brazilian Chamber of Commerce (ABCC). Led by MAPA’s Executive Secretary, the government delegation was joined by ......read more
Dubai, UAE: Kanoo Machinery, a member of The Kanoo Group and one of the exclusive dealers of world-class brands in the Middle East, showcased its most recent range of farming technologies from Massey Ferguson®, Bobcat®, and Snorkel® at AgraME 2018 which was held at the Dubai World Trade Centre on 6-8 March 2018.
AgraME has always been one of the most important trade exhibitions in ......read more
SonicWall, the trusted security partner protecting more than 1 million networks worldwide, announces research and intelligence from its 2018 Cyber Threat Report. In sum, the company recorded 9.32 billion malware attacks in 2017 and saw more than 12,500 new Common Vulnerabilities and Exposures (CVE) reported for the year.
“The cyber arms race affects every government, business, ......read more
Dubai, UAE, 6 March 2018: Under the patronage of the Ministry of Climate Change and Environment AgraME, which opens tomorrow (6 March) at the Dubai World Trade Centre, is set to attract buyers, both locally and internationally, looking to source the latest products and innovative solutions.
Offering a complete end to end solution of products and services, the show has a ......read more
Consistent with the breeding season from 1st March to 30th April,
Dubai, UAE: 17 February 2018 - The Ministry of Climate Change and Environment (MOCCAE) has launched an awareness campaign for implementing the Ministerial Decision No 501 of 2015 regulating the fishing and trading of Arabian Sheri (emperor fish) and Safi (rabbitfish) during the breeding period starting from 1st ......read more
Growing population, rising incomes, evolving dietary patterns and thriving tourism spark demand
Dubai, 17 February 2018 - Middle Eastern consumers are showing a fast-growing appetite for eggs. According to the latest data from the U.S. Department of Agriculture (USDA), U.S. egg imports to the MENA (Middle East North Africa) region grew 73 percent in USD value in 2017 over the ......read more
Q4 2017 Highlights
• Q4 2017 Revenues increases 11% to AED 656 Million compared to Q3 2017
• Company returns to Profitability and records AED 0.7 Million of Net Profit for Q4 2017 compared to a Net Loss of AED 359 Million recorded in Q3 2017
• Total Projects Backlog stands at AED 5.5 Billion as of December 31st 2017
• New project awards valued at AED 494 Million ......read more
Brands to be recognized as Consumer Superbrands or Business Superbrands for this first time based on who their end customer is
Dubai, UAE, February 11, 2018: Superbrands, the independent authority and arbiter of branding, announced that the voting process to choose the brands in the UAE which will be recognised and honoured as a Superbrand 2018 has commenced. This year Superbrands ......read more
First global money transfer business in Middle East to offer real-time, seamless payment solutions by using blockchain technology
Dubai, 10 February 2018: UAE Exchange, a leading global money transfer, foreign exchange and payment solutions brand, announced it has partnered with San Francisco-based Ripple to enable instant, seamless and real-time cross-border payments. ......read more
Fourth Quarter 2017 Highlights
DowDuPont reported a GAAP loss per share from continuing operations of $0.52. Adjusted earnings1 per share increased 41 percent to $0.83, compared with pro forma adjusted earnings per share in the year-ago period of $0.59. Adjusted earnings per share excludes significant items in the quarter totaling net charges of $1.26 per share, as well as a $0.09 per share ......read more
Remittances from the GCC remain strong; 2018 expected to witness continued growth
Dubai, February 5, 2018: Xpress Money, one of the world’s most dependable money transfer brands, witnessed a 10% growth in its global operations in 2017. The growth was backed by new partnerships in crucial corridors, innovative solutions, and a global expansion in the Xpress Money agent ......read more
H.E. Abdullah Al Saleh, the UAE Ministry of Economy’s Undersecretary for Foreign Trade Affairs, and H.E. Iurie Usurelu, Minister of State for Agriculture, Regional Development and Environment of the Republic of Moldova, discussed areas of joint cooperation, ways to develop them, and how to take advantage of the diverse opportunities and possibilities of the countries during a meeting held ......read more
Dabur Egypt, one of the most trusted and recognized brands in the field of personal and healthcare products, has witnessed key growth in its product portfolio in 2017, which has resulted in many significant achievements, including its recent success in entering six new markets. The successful move has allowed the company to widen the reach of its products from Egypt to the rest of the world. ......read more
UAE, January 30, 2018 -Brazil's trade relations with the Middle East, including Saudi Arabia, the UAE, Egypt, Algeria, Iraq, Oman, Bahrein and Kuwait, scaled new heights in 2017, recording a Year-on-Year growth of 18.43 per cent in exports from USD 11.5 billion in 2016 to 13.6 billion in 2017 and 23.37 per cent in imports from USD 5.2 billion in 2016 to 6.4 billion in 2017. The figures were ......read more
Dubai, UAE; January 22, 2018– Drake & Scull International PJSC (“DSI” or the “Company”), a regional leader in engineering and construction services, continues its strong start in 2018 with its latest announcement of a new labour camp in Dubai aimed at boosting performance, productivity and projects delivery in the UAE. The development is part of DSI’s ......read more
Where comfort meet elegance. The famous Link model, which received a masterful makeover in 2016, is presented today on a luxury version with a diamond bezel.
Dubai, UAE, January 2, 2018: Link. A design that dates back to 1987. Its defining feature is the immediately recognisable bracelet, boasting the signature S-shaped links. It is both an iconic design and a ......read more
Strengthening businesses between Hong Kong and the UAE
DUBAI - 18 December 2017: Hong Kong and the UAE have enjoyed robust bilateral trade relations on a range of products and services over the years. Adding to Hong Kong’s business advantages, the Hong Kong Trade Development Council (HKTDC) gathers the latest market intelligence and form partnerships to develop ......read more
UAE, December 05 2017 - Arabia CSR Network, the Middle East region’s leading training service provider and think tank, announced that it will conduct a three-day training course on the new Global Reporting Initiative (GRI) Standards for Sustainability Reporting from December 12 to 14, 2017 in Dubai. The training also aims to raise awareness and spread the culture of Corporate Social ......read more
Sultan Bin Sulayem: Achieving another important step forward in supporting Smart Dubai initiative
Dubai, UAE, 25 November 2017: Dubai Trade, the single window for cross-border trade and a DP World company, has implemented the ISO 18295-1:2017 standard in its Customer Contact Centre. It is one of the first organisations in the world to implement the standard which was ......read more
A recent study conducted by Oman Insurance Company (OIC) and Bupa Global shows employee productivity hinges on happiness in the workplace
Over 72% say work-life balance is the key to overall happiness in the workplace
OIC and Bupa Global launch a Wellness Quiz to help people in the UAE to understand their current state of wellbeing so employers can better understand key to workplace ......read more
On September 12, DowDuPont announced certain targeted portfolio adjustments to the Materials Science and Specialty Products divisions to align with end-markets and enhance the competitive advantages of the intended companies.
The Company started up its new ethylene and ELITE™ enhanced polyethylene facilities, both in Freeport, Texas. The Sadara joint venture ......read more
November 2, 2017 – DowDuPont™ (NYSE:DWDP) today announced that DuPont has completed its acquisition of FMC Corporation’s Health & Nutrition business (FMC H&N), except for the Omega-3 business, and its divestment to FMC of a portion of DuPont’s Crop Protection business.
The transaction includes consideration to DuPont of $1.6 billion to reflect the difference in ......read more
October 25, 2017 – Saudi International Petrochemical Company (SIPCHEM) is collaborating with DuPont Sustainable Solutions (DSS) to accelerate progress in improving process safety management.
“SIPCHEM has embraced strong principles related to safety, and is dedicated to protecting its employees,” said Ahmad A. Al-Ohali, CEO of SIPCHEM. “There is a strong desire ......read more
First-of-its-kind international exhibition on agricultural investments to offer unique perspective on current and future agriculture landscape worldwide
Abu Dhabi-UAE: 25 October, 2017: Abu Dhabi is gearing up to showcase Agriscape 2017, an international exhibition dedicated to agricultural investments abroad and organized by the Abu Dhabi Food Security Alliance (ADFSA) in ......read more
October 24, 2017: Genetec Inc, the leading technology provider of unified security, public safety, operations and business intelligence solutions, successfully hosted a two-city roadshow in the Middle East region, which was held last October 24, 2017 at the JW Marriott Hotel in Kuwait City and October 25, 2017 at the JW Marriott Marquis Hotel in Dubai. The roadshows are organized in partnership ......read more
Demand for eco-products on the rise, even as the global market for sustainable cleaning products is expected to reach USD 51 billion by 2021, says industry experts ahead of MECTW 2017
Dubai, United Arab Emirates: Middle East Cleaning Technology Week (MECTW) launches ‘Green Zone’, a platform which will allow the exhibitors of the three shows under MECTW, to showcase their ......read more
Trade mission aimed to strengthen bilateral ties and explore trade and investment opportunities opening up in Malta
Chamber-led delegation held meetings with Maltese Prime Minister, top government officials, and business leaders
Maltese Minister of Foreign Trade and Promotion: Malta compliments Dubai’s role in the Gulf region as a player in the field of trade and investment
H.E. Al ......read more
October 15, 2017: Global Food Industries (GFI), a world-class value-added frozen food manufacturing company and part of Albatha Holding, one of the largest conglomerates in UAE. GFI has expressed its commitment towards playing a significant role in the ongoing efforts to address the steadily increasing demand for healthy food products in the UAE. In line with this, the company has revealed its ......read more
14 October 2017 - As per the directives of Major General Dr. Abdul Quddus Abdul Razzaq Al Obaidly, Assistant Commander-in-Chief for Dubai Police’s Quality and Excellence and Chairman of the Emirates Intellectual Property Association’s (EIPA) Board of Directors, the participants of a recently concluded joint workshop between EIPA and Dubai Government Excellence Program (DGEP) has ......read more
Addaera Research & Polls Centre, the first local independent public opinion survey centre in the UAE, launched two new publications on the awareness level about domestic violence and human trafficking crimes.
The first publication titled “The Level of Awareness about Domestic Violence in the UAE Community” examines and evaluates the level of public awareness about domestic ......read more
October 8, 2017 - ELM, a leader in innovative solutions and owned by the Public Investment Fund of the Kingdom of Saudi Arabia (KSA), has unveiled the launch of its three new electronic services--‘Ethraa,’,‘(HIS) Medical service’ and ‘Salamah’--during their participation at the 37th edition of GITEX Technology Week (GITEX 2017), an annual consumer computer and ......read more
Event highlights opportunities, challenges in transition towards greener economy
Eng. Al Abdooli from Ministry of Climate Change and Development (MoCCaE): Green growth efforts would result in 4 to 5.5% higher GDP growth and create 160,000 new jobs by 2030
Dubai-UAE: 4 October, 2017: Dubai Science Park (DSP), the region’s first business community dedicated to the science ......read more
Bahrain - October 3, 2017- RIPE NCC successfully organized a roundtable meeting of Arab telecommunications ministries and Arab ICT regulatory bodies recently at the Ritz-Carlton, Manama in Bahrain. The meeting, which was opened by His Excellency Eng. Kamal bin Ahmed Mohammad, Minister of Transportation and Telecommunications, Kingdom of Bahrain. Axel Pawlik, Managing Director of RIPE NCC, ......read more
October 03, 2017: The Middle East Facility Management Association (MEFMA) will put the spotlight anew on a range of contemporary issues and growth drivers that are influencing the steadily climbing regional facilities management (FM) industry when it hosts this year’s edition of the premier Saudi Arabia Confex.
Set to take place from October 9 to 10, 2017 at the Movenpick Hotel in ......read more
The first career platform using artificial intelligence, LEAP, has set up its base in Dubai after securing 3 million AED in funding.
The team behind the conception of LEAP are experienced professionals from within the region – many of whom have a network of existing enterprises within the GCC. With 3 million AED in funding, LEAP has plans to expand quickly, on a global scale within its ......read more
Internet sensation, unshakable optimist and inspirational speaker, Simon Sinek believes HR must focus on the humans, not the resources
Dubai, UAE; 2 October 2017: Simon Sinek, the world-renowned speaker, best-seller author and popular advocate for workforce fulfilment, believes that the misconceived role of HR and the people who work in the profession needs to change in order to ......read more
September 30, 2017: The Emirates Intellectual Property Association (EIPA) successfully presented a working paper entitled 'Innovation and Creativity in the UAE' during its participation at the second China Quality Conference, which was held recently, 2017 in the People's Republic of China (PROC). EIPA's presence at the event was aimed towards sharing and learning more about best ......read more
DUBAI, U.A.E., 28 September 2017: The Emirates Group has partnered with PwC Middle East to offer UAE National graduates a secondment opportunity in one of the world’s leading professional services network. Two UAE National Emirates Group employees have been selected this year to partake in PwC’s Watani Graduate Programme, providing them with a unique training opportunity in ......read more