DP WORLD, UAE REGION GAINS RECOGNITION

FOR ITS REMARKABLE CONTRIBUTION TO THE MARITIME INDUSTRY IN THE MIDDLE EAST The company was commended for its excellence in port development, performance, efficiency and innovation at the Maritime Standard Awards 2020 Dubai, United Arab Emirates, November 24, 2020: DP World, UAE Region, the leading enabler of smart trade bagged the Terminal Operator of the Year award at The Maritime Standard Awards 2020. Held on November 23, 2020, under the patronage of His Highness Sheikh Ahmed Bin Saeed Al Maktoum, President, Dubai Civil Aviation Authority and Chairman and Chief Executive,…

Al Musharrkh: New decree overhauling foreign ownership rules

 of commercial companies in the UAE opens up local economy to global businesses and investors in an unprecedented way  Presidential decree annuls the requirement for commercial companies to have a major Emirati shareholder or agent, providing full foreign ownership of onshore companies.  Mohamed Juma Al Musharrkh, CEO of the Sharjah FDI Office (Invest in Sharjah), operating under the Sharjah Investment and Development Authority (Shurooq), and the Regional Director of WAIPA Steering Committee for the MENA region, has asserted that the issuance of the new decree to revamp the UAE Federal Law No. 2…

Abu Dhabi Securities Exchange (ADX) Signs MOU with Sharjah Investment and Development Authority (Shurooq

Abu Dhabi, UAE- 24 November 2020, Abu Dhabi Securities Exchange (ADX) announced today that it has signed a Memorandum of Understanding (MOU) with the Sharjah Investment and Development Authority (Shurooq), with aims to aims to foster bilateral cooperation and to provide advanced, innovative services and facilities development to the business community in the UAE. During the signing the ceremony, H.E. Mohammed Ali Al Shorafa Al Hammadi, Chairman of ADX witnessed the signing of this agreement between H.E. Marwan bin Jassim Al Sarkal, Executive Chairman of Shurooq and Mr. Saeed Hamad…

TBHF supports UNHCR project to enhance health services

for Kakuma refugees and host community in Turkana County Sharjah-based charity fully funds the US$266,250 clinic which will boost provision of essential health services in the Kakuma Camp and the nearby Kalobeyei Settlement Beneficiaries include 22,000 refugees, asylum seekers and adjoining host community Mariam Al Hammadi: Health services are of paramount importance in building strong communities and such projects are investments that will pay rich dividends for refugees and their host communities The Big Heart Foundation (TBHF), a Sharjah-based global humanitarian organization dedicated to helping people in need worldwide, has…

UAE, UK join hands to boost trade ties, export credit opportunities

المشرخ: تعديلات قانون الشركات تواكب مستجدات سوق الاستثمار العالمي

Etihad Credit Insurance (ECI), the UAE Federal export credit company and the UK Export Finance (UKEF), the UK’s export credit agency, have signed a reinsurance agreement to enhance the competitiveness, scale and scope of both countries’ export industry through strategic partnership and cooperation. The agreement, which was signed by Massimo Falcioni, CEO of ECI, and Louis Taylor, CEO of UKEF, aims to provide a robust turnkey platform, which the two parties can utilise to draw new business opportunities and identify areas for future collaboration to foster a greater trade alliance…

Amazon invests in delivery infrastructure, employees, and technology

Ahead of White Friday: to meet growing demand in the UAE Last-mile delivery stations and sort centre space nearly doubled, while fulfilment network capacity increased by more than 45% New global technologies introduced for Amazon.ae first full year in the region Dubai, United Arab Emirates – 24 November 2020 – Ahead of its flagship event White Friday, Amazon announced that it has invested in strengthening its operations in the UAE to ensure a smarter, faster, and more consistent experience for its customers and sellers. Spread across three key pillars: delivery…

“Jewels of Emirates” Show kicks off Wednesday at Expo Centre Sharjah

The 1st edition of the “Jewels of Emirates” Show, the first 100% Emirati exhibition for jewelry, gold, silver, pearl, precious stones, luxury watches, and perfumes will kick off on Wednesday. Spanning over an area of 6000 sqm, the 4-day event is bringing together over 100 local jewelers from different emirates of the country and the best jewelry designers, as well as the most famous local brands in gold, silver, diamonds, precious stones, pearls, gemstones, and watches, including the show sponsor “Salem Al Shueibi Jewellery”. The show also features a special…

Rove Hotels Black Friday Sale Celebrate National Day with the

Book a stay on rovehotels.com and take advantage of Rove Hotels’ Black Friday Sale, between 25th and 27th November, with discounts of up to 60% on Rover Rooms across all Rove locations; valid for stays up to 26th December 2020. Dubai, UAE (November 2020): With the Commemoration Day and 49th National Day holiday just a week away, and the festive period on the horizon, staycation season has well and truly arrived! And thanks to the Rove Hotels’ 72-hours Black Friday Sale, which goes live tomorrow, you’ve got the ideal excuse…

Mohammed Bin Rashid Al Maktoum City – District One , announces the winner of its Dhs 1.2 Million waterfront apartment

United Arab Emirates – Dubai, 24 November 2020: Mohammed Bin Rashid Al Maktoum City, District One – part of the master development Meydan – announces Mr. Mohammad Sadegh Sihawi as the winner of its Dhs 1.2 Million waterfront 1-bedroom apartment from a month-long promotion held by District One. The winner was chosen in a raffle draw and announced during a virtual event conducted by none other than, Kris Fade, radio presenter in Dubai. The event was attended by Guurpal Singh, Vice President – Finance, Sales and Project Operations, Mohammed Bin…

Zayed Sustainability Prize Partners with BNP Paribas on the 20by2020 Initiative

Zayed Sustainability Prize Partners with BNP Paribas on the 20by2020 Initiative

Abu Dhabi, United Arab Emirates– (AETOSWire)- The UAE-driven humanitarian initiative, 20by2020, has entered into a strategic partnership with BNP Paribas, a leading European bank with presence in 71 markets worldwide, making it the first international private company to support the global initiative. BNP Paribas has been operating in the Middle East and Africa (MEA) region for over 40 years in the fields of corporate and institutional banking and international financial services. As part of the agreement, BNP Paribas will support the upcoming 20by2020 deployments in Bangladesh, Cost Rica, and Indonesia,…