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Business & Finance

RAK Investment and Development Office completes FDI transaction with Indian cement giant

By editor
July 11, 2018 UTC
in :  Business & Finance

RAS AL KHAIMAH: The Government of Ras Al Khaimah today completed a Foreign Direct Investment (FDI) deal with India’s Shree Cement. The agreement completes the acquisition of the Emirate’s Union Cement Company (UCC) by Shree Cement exactly six months to the day after the initial deal announcement was made (11 January 2018). The transaction was managed on behalf of the …

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Planning a last minute trip? Emirates is offering its passengers flying to and through Dubai exceptional summer experiences across the city

By editor
July 11, 2018 UTC
in :  Business & Finance, Travel, World

DUBAI: Travellers who are yet to decide on summer plans can take advantage of attractive holiday packages to Dubai by simply flying with Emirates. Upon booking, passengers can avail exclusive rates at world-class hotels, enjoy outstanding entertainment and experience theme parks across Dubai, including tickets to some of the city’s world-class shows and attractions*. Customers can experience Dubai starting at …

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dnata celebrates 25 years of international growth

By editor
July 11, 2018 UTC
in :  Business & Finance, Travel, World

DUBAI: dnata, one of the world’s largest air services providers, celebrates the 25th anniversary of its first overseas operation. The Gerry’s Group in Pakistan and UAE-based dnata joined hands in July 1993 as Gerry’s dnata to provide ground handling services at Karachi Airport. The joint venture has since grown to become Pakistan’s largest cargo and ground handling company operating at …

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PTCL, PSEB sign agreement for cloud based services

By editor
July 10, 2018 UTC
in :  Business & Finance

KARACHI: Pakistan Telecommunication Company Limited (PTCL) inks a strategic agreement with Pakistan Software Export Board (PSEB) for theprovision of Cloud Based Services. The agreement was signed by Adil Rashid, Chief Business Services Officer, PTCL and Shaukat Ali, CTO, PSEB. Dr. Daniel Ritz, President & CEO, PTCL, Syed Raza Shah, Member IT, Ministry of Information Technology (MoIT) and Syed Ali Abbas …

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Dubai Chamber reveals 106% increase in international delegation visits for first half of 2018

By editor
July 10, 2018 UTC
in :  Business & Finance

DUBAI: Dubai Chamber of Commerce and Industry has revealed that the number of international delegations it hosted during the first half of this year increased by 106% over the same period last year. The chamber, which represents the interests of Dubai’s business community, announced that it received 721 visiting delegations, compared to 350 for the same period last year. Dubai …

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Golden Sands Hotel Apartments returns from a successful China roadshow

By editor
July 9, 2018 UTC
in :  Business & Finance, Travel, World

DUBAI: Golden Sands Hotel Apartments, part of A.A. Al Moosa Enterprises and pioneered the concept of hotel apartments in the region, is pleased to announce its successful participation in the 2018 Dubai Tourism China Roadshow. The team of Golden Sands Hotel Apartment visited the cities of Shanghai, Wuhan, Zhengzhou, Guangzhou and Hong Kong where they met with tour operators and …

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ADNOC aims to deepen investment and partnership opportunities with Chinese energy majors

By editor
July 9, 2018 UTC
in :  Business & Finance, World

BEIJING: His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of State and Abu Dhabi National Oil Company (ADNOC) Group CEO, held a series of meetings with Chinese oil, gas, refining and petrochemical industry leaders, focused on expanding and deepening investment and partnership opportunities across ADNOC’s integrated Upstream and Downstream value chain, during a visit to Beijing. H.E. Dr. Al …

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Oman Air resumes its service to the Maldives this October

By editor
July 9, 2018 UTC
in :  Business & Finance, Travel, World

MUSCAT: Oman Air, the national carrier of the Sultanate of Oman, will resume its service between Muscat and Malé in the Maldives this October. Flights to the Maldives with Oman Air will recommence for the 2018-19 winter season from 28 October 2018. The service will be operated by the new Boeing 737 aircraft. Oman Air flights from Muscat to Maldives …

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Emirates Skywards launches mobile travel app Emirates Skywards GO, in partnership with the ENTERTAINER

By editor
July 9, 2018 UTC
in :  Business & Finance, Travel, World

DUBAI: Emirates Skywards, the loyalty programme of Emirates airline, has partnered with the ENTERTAINER to launch its own Emirates Skywards GO app for members. The app is a mobile travel companion that offers members access to over 4,400 2-for-1 offers at some of the best restaurants and spas in over 20 cities. In addition to value for money offers, Emirates …

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DED Ajman records outstanding growth in issued licenses after strong move to enhance businesses

By editor
July 9, 2018 UTC
in :  Business & Finance

AJMAN: The Department of Economic Development in Ajman (DED-Ajman) recorded an outstanding 5 per cent growth in the number of new and renewed licenses during the first quarter of 2018. The high number of issued commercial licenses reflects the confidence of the local, regional and global investment community in Ajman’s competitive economic and investment capabilities and was the result of …

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