Dubai-based Samana Group, the holding company of Samana Developers, today launched ‘Samana Holidays’, a new entity which will allow homeowners and end-users of its real estate entity, Samana Developers, to rent apartments on a short-term basis, boosting investor returns. Samana Holidays will initially target 500 units and convert them into holiday homes (serviced apartments) for short-term rentals to allow tourists, …

Sukoon has finalized the acquisition of the UAE Life insurance portfolio from Assicurazioni Generali S.p.A. The agreement, signed on February 22nd, 2022, is in line with Generali’s overall strategy to rationalize its business model in UAE by strengthening its ecosystem of partnership proposition. The transfer which covers unit-linked life insurance policies has been approved by regulators including the Central Bank …

Celebrating the 51st UAE National Day on 2 December, Emirates is marking the occasion with a range of activities, from new design motifs and lighting schemes in its aircraft cabins, to traditional Arabic sweets served onboard and in the Emirates Lounges in Dubai, to an exclusive UAE commemoration watch for sale on EmiratesRED. Marking the union of the seven emirates, …

Meezan Bank, Pakistan’s leading Islamic bank has been recognised among the top two winners as ‘Employer of the Year’ by Employers Federation of Pakistan (EFP) – Pakistan’s largest forum for employers. The Bank has received 2nd position as ‘Employer of the Year Award 2021’ in the category of ‘Large National Companies.’ The award was announced at the 9th ceremony of …

The Abu Dhabi Securities Exchange (ADX) has launched its rebranded ADX ETF market pursuant to the introduction of an ETF tracking the FADX 15 – the exchange’s benchmark index launched in March 2022 – which listed today. The launch of ADX’s rebranded ETF platform was marked with a bell-ringing ceremony, coinciding with the listing of Chimera FTSE ADX 15 ETF …

Shell Pakistan Limited signed ABHI, Pakistan’s first financial wellness platform, as its first official customer for the launch of its new voluntary carbon compensation program. This program provides an avenue for all ABHI employees who are using Shell Fuel Cards to offset hard-to-abate carbon emissions from their fuel consumption by using Shell’s global portfolio of carbon credits. ABHI will be …

Bridgestone, a global leader in tyres and sustainable mobility solutions, has applied its very latest tyre technologies and specialist expertise in supporting electric mobility to the development of bespoke tyres for the BMW iX, the company’s first all-electric vehicle since its pioneering BMW i3. The ultra-low rolling resistance Bridgestone Alenza tyres feature a host of cutting-edge technologies that perfectly complement …

Emirates has announced plans to add an additional daily direct flight between Dubai and Colombo, starting from 1 December 2022, to cater to the seasonal increase in the demand for travel. The additional service, operating as EK648/EK649, will increase the number of daily flights between the two cities to three, including two direct flights and one operating via the Maldivian …

The Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF) revealed the details and activities of the Youth Knowledge Forum at a press conference. Held under the patronage and presence of Her Highness Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority (Dubai Culture) and Member of the Dubai Council, the forum will take place on December …

With the success of its first branch in Abu Dhabi, ‘Your Dental and Medical Center’ has now opened its third branch in Dubai as well. YDMC Healthcare, founded in 2015 in Khalifa City, Abu Dhabi, combines cutting-edge technology, and advanced equipment to deliver top-notch patient care. The newly opened Dubai branch of YDMC is located in the academic city. An …