Business & Money | Sunday 4 August, 2019 5:06 am

Dubai Customs, handles 3.9m passengers and 7.2m bags in Terminal (1), DXB International Airport in H1

During his evening tour to Dubai International Airport on Wednesday, Director of Dubai Customs Ahmed Mahboob Musabih urged employees to go above and beyond in order to provide passengers at the busiest airport in the world with the best smart services, and take all procedures to ensure highest...

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Business & Money | Sunday 4 August, 2019 2:04 am

Grocery stores get 24 months to comply with new conditions

Grocery stores and supermarkets have been given a 24-month grace period to comply with new municipal conditions. These conditions have been approved by the Acting Minister of Municipal and Rural Affairs Dr. Majid Al-Qasabi. The list of conditions in the bylaw stipulates that the building should...

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Business & Money | Saturday 3 August, 2019 1:57 pm

Dubai Investments receives ESQR Quality Choice Prize 2019

Dubai Investments PJSC, the leading, diversified investments company listed on the Dubai Financial Market, announced that it has been conferred with the ESQR Quality Choice Awards 2019 in Berlin, Germany.  The award, presented in recognition of the company’s exemplary leadership...

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Business & Money | Saturday 3 August, 2019 2:27 am

Saudi Arabia, China have established ‘comprehensive strategic partnership’

Zhu Xinglong, counselor at the Chinese Embassy in Riyadh, said Saudi Arabia and China have established a comprehensive strategic partnership. Discussing Chinese-Saudi bilateral relations during an interview, he said: “The two countries have set up the China-Saudi Arabia high-level joint...

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Business & Money | Friday 2 August, 2019 5:09 am

Hub71 welcomes seven new startups from six sectors

Hub71 today announced that seven new startups will bring a significant part of their operations and presence to the Abu-Dhabi based tech hub. The seven startups are specialised in fintech, health tech, travel tech, Artificial Intelligence, blockchain, and social impact. Spanning across many...

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Business & Money | Friday 2 August, 2019 4:13 am

Emaar Malls records 6% growth in revenue to AED2.2 billion in H1 of 2019

From January to June 2019, Emaar Malls, the shopping malls and retail business majority-owned by Emaar Properties, recorded a three percent increase in net profit of AED1.130 billion (US$308 million), compared to the net profit of AED1.102 billion ($300 million) during the same period in...

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Business & Money | Friday 2 August, 2019 2:00 am

SAGIA Signs US$200 million MoU With UNIBIO and Local Partner EDHAFAT

SAGIA announced today that it has signed a memorandum of understanding with Denmark-based biotechnology firm Unibio, along with its local Saudi Arabian partner Edhafat, worth US$200 million. As part of the MoU, Unibio has committed to commence development of a facility in Saudi Arabia that will...

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Business & Money | Thursday 1 August, 2019 2:03 pm

National Identification Number enrolment centre opens for Nigerians residing in the Kingdom of Saudi Arabia

  VFS Global launches centre in Jeddah city on 29 July 2019 for the convenience of Nigerians residing in the Kingdom of Saudi Arabia  Another centre scheduled to open in the capital city of Riyadh in the near future    As part of the endeavour to support the...

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Business & Money | Thursday 1 August, 2019 1:24 pm

ENBD REIT announces Q1 NAV of USD 255 million; active leasing strategy protects occupancy

      ENBD REIT (CEIC) PLC (“ENBD REIT”), the Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management Limited, has announced its Net Asset Value for its first quarter ended 30th June 2019. ENBD REIT’s NAV ...

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Business & Money | Thursday 1 August, 2019 11:37 am

Ideal Standard’s ‘Modern Classic’ design trend

blends authentic styling and craftsmanship   Complemented by the most seamless, innovative experience, Ideal Standard, one of the leading providers of innovative bathroom solutions operating across Europe, Middle East and Africa offers its customers the flexibility to create their own...

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