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Month: January 2017

Posted on 17/01/2017

Zayed Future Energy Prize Announces Winners of 2017 Awards

View the full release here: http://www.businesswire.com/news/home/20170116005483/en/ HH Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, and heads of state with representatives of the nine winners of the 2017 Zayed Future Energy Prize at the …
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Posted on 17/01/2017

Golf-McIlroy out of Abu Dhabi Championship with rib injury

Jan 16 (Reuters) – World number two Rory McIlroy has withdrawn from the Abu Dhabi Championship after tests on Monday showed he picked up a rib injury in South Africa last week, the European Tour said. The Northern Irishman had intense physiotherapy …
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Posted on 17/01/2017

McIlroy WDs from Abu Dhabi with rib injury

Rory McIlroy won’t play in this week’s Abu Dhabi HSBC Championship after an MRI exam determined that he had a stress fracture in one of his ribs. “To be forced to miss this week through injury is really quite annoying to be perfectly honest,” he …
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Posted on 16/01/2017

Dubai Has Bought ‘A Significant Stake’ In a Swiss Banking App Startup

Dubai’s sovereign wealth fund Investment Corporation of Dubai (ICD) has picked up a significant stake in Swiss banking app Centralway Numbrs. Centralway said on its website that it raised investment from Dubai’s sovereign wealth fund though it did not …
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Posted on 16/01/2017

Dubai lender Emirates NBD’s fourth quarter profit drops on higher cost of funding and devaluation of Egyptian pound

Dubai’s largest bank said on Monday its net profit fell to Dh1.85 billion for the three months to the end of December, a decline of 12.8 per cent compared with the same period a year earlier. The bank blamed the decline on the higher cost of fixed …
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Posted on 16/01/2017

McIlroy to undergo MRI; Abu Dhabi status uncertain

McIlroy is in the field for next week’s Abu Dhabi HSBC Championship and hopes to play. The world No. 2 told reporters Sunday that the MRI is precautionary, to “see what’s up with this joint in my back.” The injury may have been caused, McIlroy said …
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Posted on 16/01/2017

YZER Property Becomes UAE's Largest Specialist Property Portal

Dubai-based property portal YZER Property has announced that its website has increased it’s listings for property available for sale or rent by 300% in 2 months, making it the fastest- growing and largest specialist property listings website in the UAE …
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Posted on 16/01/2017

Abu Dhabi Ports and Khalidia International Shipping sign AED 80 million Musataha Agreement

Abu Dhabi Ports has signed a Musataha Agreement with Khalidia International Shipping LLC, a subsidiary of Emirates Business Group (EBG), to set up a third-party logistics (3PL) warehouse with a total investment of AED 80 million in Khalifa Industrial Zone …
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Posted on 16/01/2017

Dubai's Yzer Property listings hit new high

Dubai-based property portal Yzer Property said the listings for property available for sale/rent on its website increased by 300 per cent within two months, making it the fastest-growing and largest specialist property listings website in the UAE.
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Posted on 16/01/2017

Purple connects PizzaExpress in UAE

PizzaExpress UAE selected Purple and CDW to offer fast, free and secure guest WiFi to customers while gathering valuable analytics. CDW has delivered a fully integrated solution comprising hardware, software and services in partnership with Cisco Meraki …
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Posted on 16/01/2017

Rory McIlroy a doubt for Abu Dhabi

Rory McIlroy’s participation in this week’s Abu Dhabi HSBC Golf Championship is in doubt due to a back injury. The four-time major winner hurt it before teeing it up in the second round of the BMW SA Open and almost withdrew from the event. However …
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Posted on 16/01/2017

Changing perceptions about animal care in Dubai

technical director of Dubai Safari, told Gulf News. He said utmost care will be given to the animals, right from their selection itself. Tests are done to ensure their fitness and experienced trainers and keepers from different parts of the world have been …
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Posted on 16/01/2017

Bank Muscat fourth quarter profit up 1.3%, in line with estimates

Dubai: Bank Muscat, Oman’s largest lender, posted a 1.3 per cent increase in fourth-quarter net profit on Sunday, according to Reuters calculations, in line with analysts’ estimates. The bank made a profit of 39.7 million riyals (Dh379.2 million …
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Posted on 16/01/2017

Abu Dhabi Grand Slam 2016-17: Abu Dhabi Day 2 – Xande Ribiero Wins 94kg Gi Gold

Abu Dhabi, UAE, 14 January, 2017: The Abu Dhabi Grand Slam in Abu Dhabi continued where it left off yesterday, as UAE players rose to the occasion in the Gi divisions and won a total of 103 medals in the presence of UAEJJF board members Mr. Yousef Al …
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Posted on 16/01/2017

Foreign Direct Investments in Abu Dhabi grew by 8% in 2016, says SCADA

The growth of Foreign Direct Investments (FDIs) in the Emirate of Abu Dhabi in 2016 has hit 8% equaling AED 95.145 billion compared with AED 88.95 billion in 2015. The new figures came in the estimation of the annual report on Direct Foreign Investment in …
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Posted on 16/01/2017

President Nazarbayev met with UAE business elite

ABU DHABI. KAZINFORM – Within the framework of his official visit to the UAE President of Kazakhstan Nursultan Nazarbayev met with the business elite of the country. According to Kazinform correspondent in Abu Dhabi, the meeting took place at the Emirates …
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Posted on 16/01/2017

UAE sends strong high-level team to WEF’s Davos meeting

Top-level delegations from Saudi Arabia and the UAE form the biggest contingents from GCC states among the 3,000 global leaders travelling to the Alpine town for the gathering of policymakers, business leaders, intellectuals and celebrities. This year’s …
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