Business & Money | Wednesday 22 July, 2015 4:04 am

DAE repays US$705 million bank loan ahead of scheduled maturity

Dubai Aerospace Enterprise (DAE) Ltd. announced today that it has fully repaid a US$705 million bank loan facility from the proceeds of the sale of StandardAero. The facility was provided by Barwa Bank, Deutsche Bank, Emirates NBD Bank, and Noor Bank.   DAE Managing Director Khalifa H....

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Business & Money | Wednesday 22 July, 2015 3:53 am

TP-LINK Middle East, Focuses on Channel Business Development in Egypt

TP-LINK Technologies Co Ltd, a leading provider of SOHO and SMB networking products and wireless solutions, has announced plans that will see the company roll out a comprehensive programme focusing on developing its channel business in in Egypt.  According to the vendor that supplies...

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Business & Money | Wednesday 22 July, 2015 2:28 am

Oman Insurance Company launches the First Roadside Assistance Mobile App

Oman Insurance Company (OIC) has launched AssistPal, a unique mobile application dedicated to roadside assistance for its motor insurance customers. This first of its kind App in the UAE makes requesting assistance faster and convenient when drivers are victim of a car breakdown. The free...

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Business & Money | Wednesday 22 July, 2015 1:07 am

H.E. the Prime Minister endorses MEED’s Qatar Transport Forum 2015

Under the esteemed patronage of H.E. Sheikh Abdullah bin Nasser Al Thani, Prime Minister and Minister of Interior, the Ministry of Transport will host the Qatar Transport Forum 2015 at Sheraton Doha on 15-16 September 2015. The forum will highlight plans, initiatives and projects such...

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Business & Money | Wednesday 22 July, 2015 12:59 am

Oliver Wyman Report Quantifies the Impact of Delivering Excellence on Corporate Banking Return on Equity

Financial burdens from new regulation and digitalization are widely considered to be the biggest threats to banking business models. According to a new Oliver Wyman report, Delivering Excellence in Corporate Banking, the corporate banking segment currently faces a lower level of...

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Business & Money | Tuesday 21 July, 2015 7:37 am

Smartworld achieves Cisco Gold Certification in UAE

Smartworld announced today it has achieved Cisco® Gold Certification. To earn Gold Certification, Smartworld had to meet rigorous standards set forth by Cisco in networking competency, service, support, and customer...

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Business & Money | Tuesday 21 July, 2015 2:45 am

Hamriyah-based Quality International ships huge MED evaporators to Kuwait

With the shipment of the 3rd Multi Effect Distillation (MED) Evaporator to Kuwait, Hamriyah Free Zone-based Quality International has successfully crossed the half-way mark in the execution of its prestigious order from SIDEM, France for the construction & delivery of a...

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Business & Money | Tuesday 21 July, 2015 1:51 am

Emirati Business Women bring Talli craft to Italy’s fashion week

Sharjah Business Women Council (SBWC) attended Accademia Italiana’s fashion show in Rome recently where they showcased the Emirati craft of ‘Talli’ in their designs for AltaRoma AltaModa, Rome’s celebrated Fashion Week.    Accademia Italiana students, who are ...

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Business & Money | Tuesday 21 July, 2015 12:56 am

London’s First Fashion-Branded Residences with Versace Home Launched

 Luxury real estate developer DICO UK Property Holdings Ltd, a wholly owned subsidiary of DAMAC International Limited, has announced the first of its fashion residences in London with a 50-storey, 360 unit project with interior designs by Versace. The lobby, amenities and interiors for each...

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Business & Money | Tuesday 21 July, 2015 12:12 am

PayPal Celebrates Listing on Nasdaq and Completes Separation from eBay Inc.

PayPal Holdings, Inc. (“PayPal”) (Nasdaq : PYPL) announced today that it has completed its separation from eBay Inc. (“eBay”) and is now an independent public company trading on the Nasdaq  Stock Market under the ticker symbol “PYPL.” The company’s...

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