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News

Dubai Chamber joins global coalition to spur climate action

By editor
July 2, 2019 UTC
in :  Business & Finance, News

DUBAI: Dubai Chamber of Commerce and Industry has announced that it has joined more than 450 other chambers of commerce from around the world in signing the Chambers Climate Coalition, a groundbreaking global initiative that aims to take bold and collective climate action. The Coalition, unveiled during the 11th World Chambers Congress in Rio de Janeiro last month, commits chambers …

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VIP Delegation on Emirates’ inaugural flight to Porto

By editor
July 2, 2019 UTC
in :  Business & Finance, News, Travel

DUBAI: Emirates’ inaugural flight to Porto departed this morning from Dubai International Airport, with a VIP delegation on board the flight. Flanked by Emirates Cabin Crew, from left to right are: Gil Azevedo, Senior Vice President Head of Consumer Banking, Emirates Islamic Bank; Jose Silva, Chief Executive Officer, Jumeirah Group; His Excellency Joaquim Moreira De Lemos, Ambassador, Embassy of Portugal in the UAE; Thierry Aucoc, …

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Dubai International welcomes China Eastern’s new service from Qingdao

By editor
July 1, 2019 UTC
in :  Business & Finance, News, Travel

DUBAI: Dubai Airports and China Eastern celebrated the arrival of the carrier’s inaugural flight from Qingdao to Dubai at Dubai International (DXB) on Saturday evening. The thrice weekly service is an important addition to China Eastern’s existing flights connecting DXB to Shanghai and Kunming, and the first ever to connect DXB to Qingdao, a major port city of 9 million …

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Thai Airways flights to Lahore and Islamabad remain cancelled until 15 July 2019

By editor
July 1, 2019 UTC
in :  Business & Finance, News, Travel, World

BANGKOK: Mr. Nond Kalinta, Vice President of Sales, Thai Airways International Public Company Limited (THAI), said that cancellation of THAI roundtrip flights from Bangkok-Lahore and Bangkok-Islamabad has been extended from 30 June 2019 until 15 July 2019, due to partial opening of Pakistani airspace and restrictions on some routes. To facilitate THAI passengers travelling to Lahore and Islamabad, THAI has …

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Dubai Chamber partners with ICC and Perlin to boost adoption of blockchain trade solutions

By editor
July 1, 2019 UTC
in :  Business & Finance, News, World

SINGAPORE: Dubai Chamber of Commerce and Industry has announced that it has signed a memorandum of understanding (MoU) with the International Chamber of Commerce (ICC) and Perlin, making it the first chamber of commerce in the world to offer innovative blockchain solutions developed by ICC and Perlin’s Centre of Future Trade (CoFT) to its members and regional partners. Under the …

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CDC reduces tariff up to 57% for Mutual Fund Industry

By editor
July 1, 2019 UTC
in :  Business & Finance, News

KARACHI: Central Depository Company has significantly reduced its service tariff for the Mutual Fund Industry up to 57% applicable to different categories of funds. Apart from the said reduction, CDC has also rationalized the trustee fee for small sized mutual funds / schemes by permanently eliminating the minimum fee component and implementing flat rate instead of slab system. This reduction will …

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Visa: Nearly two-thirds of UAE retailers see increase in foot traffic and revenue since accepting digital payments

By editor
July 1, 2019 UTC
in :  Business & Finance, News

DUBAI: Visa (NYSE:V), the world leader in digital payments, has revealed the results of an independent merchant study examining perceptions of small UAE retailers on the use and impact of digital payments (card and mobile) on their business. The survey targeted two groups of retailers – those who accept digital payments and those who only accept cash payments. Perception and …

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City Readiness Committee meets Dubai institutions to discuss latest preparations for hosting Expo 2020 Dubai

By editor
July 1, 2019 UTC
in :  Business & Finance, News

DUBAI: The City Readiness Committee to host Expo 2020 Dubai, chaired by His Excellency Mohammed Ibrahim Al Shaibani, Director General of His Highness The Ruler’s Court of Dubai, has held its third meeting at Expo 2020 Dubai headquarters to discuss preparations for the largest ever event held in the region. The meeting was attended by committee members Her Excellency Reem …

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Pepsi Battle of the Bands Season Four kicks off with auditions in Episode 1

By editor
July 1, 2019 UTC
in :  Lifestyle, News

LAHORE: Pepsi Pakistan’s biggest musical platform, Pepsi Battle of the Bands, launched its fourth season with the inaugural episode showcasing talent auditions. While the battleground is being set up, the bands had to face their first obstacle in what will surely a tough and long battle to the top. The first episode began with our new host Hina Altaf who …

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Canon releases nail sticker designs for all 20 teams competing in Rugby World Cup 2019

By editor
July 1, 2019 UTC
in :  Business & Finance, News, Sport

Canon has released nail sticker designs for all twenty teams competing in Rugby World Cup 2019 through its free Nail Sticker Creator for Canon application. Canon designers have created these designs by drawing inspiration from the color schemes of each national team’s kit with plans to release additional designs based on different concepts in July and August for a total …

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The UAE Banking and Financial Sector is Resilient, Strong, Stable, and Well-Positioned to Navigate Regional Developments

editor
March 5, 2026 UTC

ABU DHABI: H.E. Khaled Mohamed Balama, Governor of the Central Bank of the United …

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