03-03-2019 Media in\ Dubai United Arab Bank reported a net profit of AED 77 million for the 12 months ended December 31, 2018, a 345% increase over last year. The successful implementation of the restructuring strategy paved the way for a return to profitability. The Bank’s restructuring process has four …
Read More »Emirates Airline wins ‘Best First Class and Business in the Middle East
‘ 03-02-2019 Media in\ Dubai Emirates Airline has won the “Best Class and Business Classes in the Middle East” award at the Condi Nast Traveler Awards ceremony recently held in Dubai with a gathering of industry leaders in the region. The award was received by Khalid Al Jafla, Vice President …
Read More »Dewa: Issuing applications for the completion of phase 5 of the Mohammed Bin Rashid Solar Power Complex
02-03-2019 Media in\ Dubai Dubai Electricity and Water Authority (DEWA) has announced the issuance of qualification applications for qualified developers to build and operate the Phase 5 project of the 900 MW solar power plant and the solar PV system under the independent product system, to be phased in from …
Read More »DP World and Jafza to hold 2019 Partners Forum
Media IN Dubai 02-03-2019 DP World and the Jebel Ali Free Zone held the 2019 Partners Forum, a special gathering of key partners from around the world who promote Jafza services. The forum was attended by HE Hamad Buamim, Director General of the Dubai Chamber of Commerce and Industry and …
Read More »Dubai Gold & Commodities expands its portfolio of core metals contracts
02-03-2019 Media in\ Dubai Dubai Gold and Commodities Exchange (DGCX) and Dubai Commodity Clearing Company (DCCI) today announced the expansion of their existing metal products portfolio through the launch of new base metals contracts. The new producers of aluminum and zinc futures contracts will begin trading on March 22nd. The …
Read More »Emirates Bank for Development successfully issues the first US $ 750 million bond issue
02-03-2019 Media in\ Abu Dhabi Emirates Development Bank (EAD), rated AA- by Fitch, has successfully issued a $ 750 million bond with a maturity of 5 years. Emirates Development Bank, which is wholly owned by the federal government of the United Arab Emirates, has launched its first 750 million dollar …
Read More »Jafza reviews the opportunities and services of the food and beverage trade sector
01-03-2019 Media in\ Dubai Jebel Ali Free Zone discussed with customers from food and beverage companies how to develop strategies that will help the sector achieve growth and explore opportunities and challenges for the next few years. Abdullah Bin Damithan, Executive Director, Commercial Affairs, DP World, UAE, delivered a speech …
Read More »“Economy” honors the winners of the “Generations of Cooperative”
01-03-2019 Media in\ Dubai The Ministry of Economy honored the winners of the “Ajyal Co-operative” award in its ninth session and honored the winners and sponsors since its launch 10 years ago at a special ceremony organized by the Department of Cooperatives at the Intercontinental Festival City Hotel in Dubai. …
Read More »AED 4.3 billion in Dubai property transactions in a week
01-03-2019 Media in\ Dubai Real estate action in Dubai this week was AED 4.3 billion. The Dubai Land Department recorded a total of 960 pledges of AED 2.3 billion, of which 77 million were sold for land and AED 883 were sold for apartments and villas worth AED 1.3 billion. …
Read More »Dubai Customs presents its experience and initiatives to the UAE Government Leaders program
01-03-2019 Media in \Dubai Dubai Customs has reviewed its pioneering experience in the customs sector and its innovative initiatives for graduates and employees of the UAE Government Leadership Program as part of the “Emirates Practices” initiative launched by the program aimed at enhancing the continuous learning tools that it provides …
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