Business & Money | Friday 19 October, 2018 12:37 am

Emaar Development General Meeting approves AED 1.04 billion (US$ 283.15 million) special cash dividend for shareholders

The General Meeting of Emaar Development (DFM: EMAARDEV), the UAE build-to-sell property development business majority-owned by Emaar Properties PJSC (DFM: EMAAR), approved the distribution of AED 1.04 billion (US$ 283.15 million), representing 26 per cent of the share capital being 26 fils per...

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Business & Money | Thursday 18 October, 2018 12:00 pm

King Abdullah Port Key Participant in Uae Maritime Week

King Abdullah Port has announced its participation as a sponsor and speaker at the UAE Maritime Week, the Middle East’s first comprehensive maritime event. The port’s participation comes in an effort to capitalize on the major opportunities offered by this strategic platform for...

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Business & Money | Thursday 18 October, 2018 10:45 am

ENOC and Microsoft team up to pilot AI-powered Service Station of the Future

ENOC Group (Emirates National Oil Company)  announced a new partnership today with Microsoft to design and develop the Service Station of the Future. The Memorandum of Understanding was signed by Zaid Alqufaidi, Managing Director, ENOC Retail and Sayed Hashish, Regional General Manager,...

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Business & Money | Thursday 18 October, 2018 5:00 am

Saudi Arabia highlights the importance of the implementation of the UN Vision 2030

Saudi Arabia’s permanent delegation to the United Nations said that the Kingdom puts great importance to the implementation of the UN Vision 2030’s goals encompassing the economic, social and environmental fronts. This was stated in the speech delivered by the First Secretary Bandar...

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Business & Money | Wednesday 17 October, 2018 3:07 pm

Dubai Customs partners with HTC Vive and VRMADA to deliver world’s first Virtual Reality training programme for the customs industry

As Virtual Reality becomes more embedded in the business and the public sector, HTC Vive™—the global leader in Virtual Reality (VR) innovation and design—collaborates with VRMADA to deploy a one-of-a-kind virtual reality training programme for Dubai Customs to train ...

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Business & Money | Wednesday 17 October, 2018 2:11 pm

Ghassan Aboud Group Appointed as Hindustan Petroleum Distributor

UAE headquartered multi-business conglomerate Ghassan Aboud Group was appointed as a Distributor for export markets by Indian public sector petroleum giant Hindustan Petroleum Corporation Limited (HPCL) through its 100% subsidiary in the UAE, HPCL Middle East FZCO.  HPCL is a Global Fortune ...

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Business & Money | Wednesday 17 October, 2018 12:37 pm

SEDCO Holding welcomes the fourth wave of SEDCO Group Stars under its strategy to prepare future leaders

SEDCO Holding Group has welcomed the fourth wave of SEDCO Group Stars under its strategy to identify high potential employees and fast track them to leadership roles in companies across the Group. A total of 15 Stars have been enrolled in the upcoming wave IV of the program nominated from...

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Business & Money | Wednesday 17 October, 2018 11:00 am

Airbus celebrates inventive spirits of communication solutions

 The unique and first “Critical App Challenge for the Middle East and North Africa” has ended with an award ceremony at the Gitex exhibition in Dubai this week. An independent jury picked four outstanding applications for the Tactilon Dabat which were developed for public safety...

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Business & Money | Wednesday 17 October, 2018 5:30 am

Abu Dhabi Fund for Development Earmarks AED11 Billion to Support Education, Healthcare Sectors

In a bid to elevate the standard of living in developing countries and eradicate global poverty, Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, has highlighted its allocation of nearly AED11 billion towards development projects in the education as...

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Business & Money | Wednesday 17 October, 2018 3:10 am

Hempel sets the foundation stone for its new solvent coatings factory in Jeddah

Hempel, the leading global coating company has recorded a new industry milestone with the groundbreaking of the most advanced solvent based coatings plant in the Middle East. With an estimated cost of $8.5million to build, the technologically advanced factory represents the latest investment by...

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