Business & Money | Thursday 19 January, 2017 2:07 pm

Yahsat Celebrates Its 10 Year Anniversary

UAE-satellite operator, Yahsat, a private joint stock company fully owned by Mubadala, celebrated the tenth anniversary of its inauguration this week. Leading the celebrations at a special gala dinner in Abu Dhabi, Chief Executive Officer Masood. M. Sharif Mahmood was joined by...

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Business & Money | Thursday 19 January, 2017 8:23 am

Dubai One to cover ‘The ceremony's Choice Awards 2017’

Dubai Media Incorporation, represented by Dubai One channel, is to provide exclusive coverage of the ‘People Choice Awards Ceremony 2017’, broadcast live from Los Angeles. Sarah Al Jarman,  Dubai One Channel Manager, said: “Dubai One is always keen to cover the most...

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Business & Money | Thursday 19 January, 2017 4:00 am

NCB’s net income reached SR 9,317 million in 2016

The National Commercial Bank (NCB) announced its record net income in 2016, which reached SR 9.32 billion compared to SR 9.09 billion for the previous year, achieving an increase of SR 228 million, with a growth rate of 2.5% compared to 2015. The Q4 net income reached SR 2.29 billion compared to SR ...

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Business & Money | Thursday 19 January, 2017 3:48 am

L’azurde financial results for FY 2016

L’azurde Company for Jewellery (“L’azurde” or “the Company”), the largest gold and jewelry designer, manufacturer, and distributor in the Middle East, announced today interim financial and operational results for the year ended 31st December...

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Business & Money | Thursday 19 January, 2017 3:44 am

Nakheel invests AED150 million to create 105 km of scenic cycle tracks across communities in Dubai

Master developer Nakheel is investing AED150 million to bring 105 kilometres of bicycle tracks to its communities across Dubai, with all routes linked to the Government’s Cycling Master Plan. Safe, scenic bike routes are being created to encourage recreational cycling and promote health...

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Business & Money | Wednesday 18 January, 2017 5:22 pm

UAE’s KEF Holdings Poised to Deliver GEMS Modern Academy in SmartCity Kochi, Kerala in Record 5.5 Months

KEF Infra, the infrastructure subsidiary of KEF Holdings, the UAE-based multinational diversified group that specializes in innovative offsite manufacturing technology, today announced its collaboration with GEMS Education to build its first school in the South Indian state of Kerala – the...

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Business & Money | Wednesday 18 January, 2017 3:27 pm

HH Sheikh Ahmed Bin Saeed Al Maktoum felicitates Emirates NBD staff completing 25 years of service

His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman, Emirates NBD, felicitated and expressed his gratitude to the 27 employees celebrating 25 years of continuous service at a ceremony held at Emirates NBD headquarters.   The ceremony, attended by members of the Board and members of...

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Business & Money | Wednesday 18 January, 2017 3:22 pm

Kaec Hands Over Single Family Residential Land Plots in Talah Gardens Phase 3

King Abdullah Economic City (KAEC) is handing over single family residential land plots in Phase 3 of the Talah Gardens district as part of the residential projects at KAEC.   “I am proud to say that, following completion of the infrastructure work, we are handing over the land...

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Business & Money | Wednesday 18 January, 2017 3:19 pm

Sultan meets Finnish Minister for Foreign Trade and Development

His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Member of the UAE Supreme Council, Ruler of Sharjah and President of American University of Sharjah (AUS) met with Kai Mykkänen, the Minister for Foreign Trade and Development, Finland, at the Ruler’s palace in Sharjah Late...

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Business & Money | Wednesday 18 January, 2017 3:14 pm

Mastercard helps expand financial inclusion in Pakistan by optimizing National ID cards with e-payment functionality

Mastercard, a leading technology company in the global payments industry, announced a strategic collaboration with Pakistan’s NADRA Technologies to optimize National ID cards with electronic payments functionality. The move will allow Pakistani citizens to carry out financial transactions and ...

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