Wednesday, June 26, 2019

Dubai state fund’s profit falls by 19% in 2018

Investment Corporation of Dubai (ICD) witnessed a 19.3 percent decline in profit to its owner in 2018 to 16.3 billion United Arab Emirates dirhams ($4.37 billion), newly-filed accounts show.Profit declined at the sovereign fund...

UAE Launches #YouthForGood, First of Its Kind Initiative in the World

The #YouthForGood initiative, the first of its kind in the world, aims to promote the use of Twitter to support humanitarian and social causes and sustain a culture of volunteering among youth in the...

Indian carriers to expand Middle East operations after Jet allocation

Indian airlines are expected to launch services to new and existing in destinations in the Middle East after they were allotted additional weekly seats from Jet Airways' quota, sources have said. India's Directorate General Civil...

ADFG’s reverse takeover of Shuaa Capital agreed

Abu Dhabi Financial Group's (ADFG) plan for a reverse takeover of Dubai's Shuaa Capital is set to proceed after gaining approval from the latter's board on Tuesday.The proposed deal will see Abu Dhabi Financial...
Dubai Forum - Dubai News

MetLife Names Michael Mansour as Head of Growth Partnerships

DUBAI, United Arab Emirates--(BUSINESS WIRE/AETOSWire)-- MetLife today announced the appointment of Michael Mansour as Head of Growth Partnerships, Gulf, Levant, and Turkey.Mansour joined MetLife from UAE health insurer Daman and brings more than...

Saudi German Hospital opens specialty clinics in Dubai

  Humaid Al Qutami, Director General of the Dubai Health Authority (DHA) has inaugurated the Saudi German Hospital’s (SGH) new specialty clinics in Al Jumeirah, Dubai, UAE’s WAM has reported.   “The new...

New conference is a showcase for Rock’s maritime sector

Maritime experts from across the world will be able to learn what Gibraltar has to offer the global shipping industry during the first Gibraltar Maritime Week, a conference that started yesterday.The Chief Minister Fabian...

Etihad Rail awards Abu Dhabi ? Dubai construction contracts

UAE: Etihad Rail has awarded the next two civil engineering and track works contracts for the construction of Stage Two of the national railway network. With a total value of 4·4bn dinars, the 216 km Package...

GEMS Education schools partner with Dubai Cares to raise Dhs 500,000 for charity

Two GEMS schools have collectively raised Dhs 500,000 for Dubai Cares ‘Adopt a School’ initiative. By A Staff Reporter Two GEMS Education schools, The Millennium School and GEMS Jumeirah Primary School...

$11mln Al Maqtara-Hamim road improvement project in Abu Dhabi completed

ABU DHABI - Abu Dhabi General Services Company, Musanada, in collaboration with the Integrated Transport Centre, ITC, has completed all the works of the Al Maqtara-Hamim road traffic safety improvement project extending over...