Business & Money | Sunday 4 August, 2019 1:18 pm

CAFU to provide on-demand vehicle maintenance services with ‘CAFU Essentials’ in partnership with ExxonMobil

 Today, the MENA region’s first-ever fuel on-demand mobile application, CAFU, announced the expansion of its services, by introducing “CAFU Essentials.” A new service under the CAFU brand, “CAFU Essentials” will provide on-demand maintenance services such as...

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Business & Money | Sunday 4 August, 2019 11:49 am

Abu Dhabi Commercial Bank Partners with Silicon Valley’s Plug and Play to Join Global Ecosystem of Financial institutions

Abu Dhabi Commercial Bank (ADCB) has announced its partnership with Plug and Play, the largest global innovation platform headquartered in Silicon Valley, and Abu Dhabi Global Market (ADGM), the award-winning international financial centre in Abu Dhabi. Along with 80 other financial institutions...

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Business & Money | Sunday 4 August, 2019 11:40 am

AVEVA Releases First Unified Operations Center Solution with Industry-specific Best Practices to Help Middle East Customers Capitalize on Digital Transformation

AVEVA, a global leader in engineering and industrial software, today launched Unified Operations Center, its command-and-control solution for infrastructure operators such as smart cities and facilities management, and for industries like Oil & Gas and Mining.  Working side-by-side with ...

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Business & Money | Sunday 4 August, 2019 11:00 am

ADFG and SHUAA Capital merger completed

Following final regulatory approvals on the transaction with ADFG (Abu Dhabi Financial Group), SHUAA Capital psc is pleased to announce the completion of the merger with ADFG and the raising of its Authorized Capital from AED1,065,000,000 to AED2,535,720,000. This comes following the admission of...

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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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