ABU DHABI: Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, has formalised an US$3 billion (AED11 billion) deposit into the State Bank of Pakistan to support Pakistan’s economic growth and achieve the long-term objectives of its monetary policy. Announced in December 2018, the decision to formalise the deposit was made under the directives of …

DUBAI: Dubai South Properties – the development and real estate arm of Dubai South– revealed that preparations are well on track to effectively meet the constantly evolving property and community needs of discerning investors and end-users, who seek to explore the attractive propositions offered in Dubai South. Recognized as the UAE’s flagship urban development, Dubai South builds on the vision …

By Irfan Pardesi AJMAN: The Department of Economic Development – Ajman (DED-Ajman) revealed the signing of a strategic new cooperation agreement with Ajman Free Zone, to integrate and promote joint cooperation mechanisms on the unified commercial register and market control, through electronic connectivity and the strengthening of communication channels between the two sides. The agreement was signed by H.E Ali …

By Karim Helal, CEO and Co-Founder, ProTenders Even if technology isn’t your key area of interest, you will likely have read something about blockchain and its potential impact on how we trade and conduct business, Blockchain researcher and entrepreneur, Bettina Warburg said “Blockchain technology is a decentralised database that stores a registry of assets and transactions across a peer-to-peer record. …

DUBAI: Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia and which holds the exclusive franchise rights to operate Carrefour in 38 countries, has launched the region’s first Retail Business School, designed to build state-of-the-art learning into the company’s employee professional development and help foster a new generation of innovative …

DUBAI: Emirates Skywards, the award-winning loyalty programme of Emirates and flydubai, today celebrated the opening of its new Emirates Skywards Centre in Terminal 3 at Dubai International Airport (DXB). The centre was inaugurated by Dr Nejib Ben Khedher, Senior Vice President, Emirates Skywards and Nick Moore, Senior Vice President, Passenger Services, Emirates. The Emirates Skywards Centre at DXB will function …

DUBAI: : Digital of Things (DOT) has won the prestigious Digital Agency award at Gulf Customer Experience Awards 2018. The winners of the Gulf Customer Experience Awards were announced at the Conrad Dubai Hotel on 22nd January 2019 where the Finals and Awards Ceremony took place. The awards are designed to recognise best practice in delivering outstanding customer experience in the Gulf and it provides …

By Rafiq Vayani DUBAI, UAE: Members of the Evaluation Committee has begun assessing applications for projects in order to select the distinguished ones to advance to the final competition of the exhibition. Dubai Maker Faire 2019 will take place on 26-28 March 2019 at Zabeel Halls 2 & 3 of the Dubai World Trade Centre. Dr. Jamal Al Muhairi, Deputy Chairman of the Board of Trustees, …

ISLAMABAD: Pakistan Telecommunication Company Limited (PTCL), hosted startups and entrepreneurs from National Incubation Center (NIC), Peshawar, who presented their ideas, business models and prototypes to the senior management at PTCL Headquarters in Islamabad. The session was led by Dr Daniel Ritz, President & CEO, PTCL, along with senior executives of PTCL. Murtaza Zaidi, Director, NIC Peshawar, participated with top startups …

DUBAI: Emaar has made significant progress in the construction of five new retail link bridges that will further strengthen road connectivity to The Dubai Mall, the world’s most-visited retail and lifestyle destination. Scheduled to open in February, the retail link bridges connect the mall with Doha Road/Financial Centre Road. The new bridges are part of The Dubai Mall’s Zabeel expansion …