Business & Money | Monday 22 April, 2019 1:00 pm

Emirates Islamic inaugurates new branch in Baniyas, Deira

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced the opening of its new branch in Baniyas, Deira. The branch was officially inaugurated in the presence of Hesham Abdulla Al Qassim, Chairman of Emirates Islamic and Vice Chairman and Managing Director ...

More Details

Business & Money | Monday 22 April, 2019 10:31 am

Hala China’s Big C Forum sees Meraas sign agreement with Samanea Group for AED1 billion mall

The inaugural Big C Forum witnessed the signing of a Memorandum of Understanding (MoU) between Dubai-based holding company Meraas and Singapore-based Chinese company Samanea Group that will see the launch of an AED1 billion mall by Q2 2021 near Dubai International City. Six key Chinese...

More Details

Business & Money | Monday 22 April, 2019 4:30 am

Abu Dhabi National Exhibitions Company Generates Global Momentum for Abu Dhabi International Boat Show 2019

To further enhance international participation for the upcoming edition of the Abu Dhabi International Boat Show (ADIBS 2019), the team at Abu Dhabi National Exhibitions Company (ADNEC) participated in two key events in the international boat and fishing show calendar in Japan and the United...

More Details

Business & Money | Monday 22 April, 2019 3:02 am

Middle East Lighting Design Summit With Ligman as the Platinum Sponsor Will Begin Next Week

The 8thAnnual Middle East Lighting Design Summit, held with the support of Abu Dhabi Quality and Conformity Council as the Official Supporting Partner and Etihad ESCO as the Official Government Partner is set to begin in a week’s time. Organized by Expotrade Middle East, the conference will...

More Details

Business & Money | Monday 22 April, 2019 1:25 am

Financial year 2018: Boehringer Ingelheim grows and invests

The research-driven pharmaceutical company Boehringer Ingelheim ended 2018 with net sales of 17.5 billion euros. Adjusted for currency effects, as well as one-off effects due to the asset swap with Sanofi in 2017, net sales grew by 4 per cent. At 3.2 billion euros (+2.8%), R&D expenses...

More Details

Business & Money | Sunday 21 April, 2019 4:07 pm

Jebel Ali Center performs 766,000 customs transactions in Q1 2019

Jebel Ali Customs Centers Management carried out around 766,000 customs transactions and made 30 seizures during the 1stquarter of 2019.  The strategic customs management, which performs all customs operations of Jebel Ali Port; the largest marine terminal in the Middle East and the...

More Details

Business & Money | Sunday 21 April, 2019 4:05 pm

MODON, Nahdi sign agreement to develop Middle East’s first smart logistics warehouse

As part of its social responsibility and commitment to building strategic partnerships with government entities, Nahdi Medical Company signed an agreement with the Saudi Authority for Industrial Cities and Technology Zones “MODON” to develop the first smart logistics warehouse in the...

More Details

Business & Money | Sunday 21 April, 2019 3:52 pm

Al Hilal Bank embarks on digital transformation under the leadership of Amr Al Menhali, newly appointed CEO

UAE-based Al Hilal Bank has set out a new road map to transform into a digital-focused retail bank, investing significantly in distinctive and innovative technology to substantially enhance its customer experience. Amr Al Menhali, newly appointed as Al Hilal Bank’s Chief Executive Officer by...

More Details

Business & Money | Sunday 21 April, 2019 3:50 pm

Alkhabeer Capital reports operating income of SAR 188 million for FY 2018

Alkhabeer Capital, a prominent asset management company specializing in alternative investments, announced its financial results for the fiscal year 2018 (FY 2018), ending the year with an operating income of SAR 188 million.    The company ramped up its investment activity in...

More Details

Business & Money | Sunday 21 April, 2019 3:47 pm

4th Annual General Meeting of Emaar Malls on April 23 to propose AED 1.301 bn (US$ 354 mn) dividend

The fourth Annual General Meeting (AGM) of Emaar Malls (DFM: EMAARMALLS), the shopping malls and retail business majority-owned by Emaar Properties (DFM: EMAAR), will be held on Tuesday, April 23, 2019, 2PM, at the Diamond Ballroom at Address Dubai Mall in Downtown Dubai. If the meeting falls short ...

More Details