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Business & Finance

Masroor Mahmud appointed as GE’s CEO for Pakistan

By Rafiq Vayani
May 11, 2020 UTC
in :  Business & Finance, News

ISLAMABAD: GE (NYSE:GE) has announced the appointment of Masroor Mahmud as its CEO for Pakistan. He is mandated with driving the company’s growth in the country and aligning business strategy across all GE sectors with the government’s vision for development. In addition, Masroor will focus on enhancing talent development, ensuring risk management, and building a strong GE brand, through long-term, …

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KLM requires passengers to wear face masks

By Rafiq Vayani
May 11, 2020 UTC
in :  Business & Finance, News, Travel

AMSTELVEEN: Facial protection refers to non-medical face masks and to surgical face masks. The mask has to be large enough to cover the wearer’s entire nose and mouth. For the time being, this measure applies until 31 August 2020. Passengers who do not wear adequate facial protection/mouth masks may be refused boarding at the gate. Children under 10 years of …

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Portofino Hotel to open in fourth quarter of 2020

By Rafiq Vayani
May 11, 2020 UTC
in :  Business & Finance, News, Travel

DUBAI: Kleindienst Group, developer of The Heart of Europe – the US$5 billion (Dh18.3 billion) master-planned leisure tourism island destination – has speeded up the construction activities to deliver the Phase 1 of the mega project in the fourth quarter of 2020 that includes Portofino Hotel, an authentic Italian retreat in Dubai. Once delivered, it will create a unique experiential …

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Analysis by Dubai Chamber reveals consistent and positive performance of e-commerce platforms during Covid-19

By Rafiq Vayani
May 11, 2020 UTC
in :  Business & Finance, News

News Desk DUBAI: A recent analysis by the Dubai Chamber of Commerce and Industry revealed that e-retail companies in the UAE have succeeded despite the challenges of high demand due to the spread of Coronavirus (Covid-19) and disruption of supply chain worldwide. The companies have managed to achieve benefits beyond the domestic market to include neighboring markets as well. The …

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Etiqa extends COVID-19 relief to annual travel insurance and private car customers

By Rafiq Vayani
May 11, 2020 UTC
in :  Business & Finance, News, Travel

SINGAPORE: Amid lifestyle disruptions caused by the COVID-19 situation and local circuit breaker measures, Etiqa is extending goodwill relief to eligible annual travel and private car insurance customers. Customers holding or who have held annual travel insurance policies that expire between 1 March to 31 December 2020 will automatically receive a 6-month policy extension, to help cover the opportunity cost of being unable to …

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Union Coop announces Consumer orders through online store delivered within 2 days

By Rafiq Vayani
May 11, 2020 UTC
in :  Business & Finance, News

News Desk DUBAI: Union Coop, the largest Consumer Cooperative in the UAE announced that Consumer orders through Union Coop online store are delivered within 2 working days maximum, as of May 10th 2020, as this comes within the framework of improving its services to delight the community members and contribute towards curbing the spread of Coronavirus. Spokesperson: “Union Coop raised …

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Majid Al Futtaim announces new opening date for City Centre Al Zahia

By Rafiq Vayani
May 11, 2020 UTC
in :  Business & Finance, Lifestyle, News

DUBAI: Majid Al Futtaim, the leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa and Asia, has announced a new opening date for its upcoming mall in Sharjah – City Centre Al Zahia.  Now set to open in March 2021, the decision allows tenants sufficient time to prepare for their new store openings and ensure they can provide a compelling …

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RTA achieves record savings 45m gallons of water, 30m litres of fuel

By Rafiq Vayani
May 10, 2020 UTC
in :  Business & Finance, News, Travel

DUBAI: Dubai’s Roads and Transport Authority (RTA) has achieved record savings in the use of power by implementing 46 projects and initiatives during 2019 as part of its Green Economy strategy. Numbers released reflect that RTA’s savings amounted to 45 million gallons of water, 30 million litres of fuel, and 39 million kilowatt-hours. Results achieved can be contributed to RTA’s …

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HBMSU calls for quality and innovation to re-engineer higher education in 21st century

By Rafiq Vayani
May 10, 2020 UTC
in :  Business & Finance, News

News Desk DUBAI: Dr. Mansoor Al Awar, Chancellor, Hamdan Bin Mohammed Smart University (HBMSU), has highlighted the need for continuous efforts to tap innovation, quality and excellence as the key foundations to re-engineer the future of higher education and create a new generation of graduates who are qualified to lead in the 21st century. The call was raised during Dr. …

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Dubai Chamber introduces private sector to UAE National Self Employment platform

By Rafiq Vayani
May 10, 2020 UTC
in :  Business & Finance, News

News Desk DUBAI:  Dubai Chamber’s Center for Responsible Business recently organized an online training workshop on the UAE National Self Employment Platform, which has been launched by the Ministry of Human Resources and Emiratisation. The workshop aimed to enhance awareness of the citizens and companies about this platform and its benefits, along with the methods of applying, especially in light …

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