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Month: July 2017

Posted on 26/07/2017

Dubai’s Nakheel says half-year net profit falls to $720m

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Posted on 26/07/2017

Statement by Saudi Arabia, Egypt, UAE, and Bahrain relating to new terror designations

The United Arab Emirates, the Kingdom of Saudi Arabia … 5- Al-Saraya Media Center- Libya. 6- Boshra News Agency – Libya. 7- Rafallah Sahati Brigade – Libya. 8- Nabaa TV – Libya. 9- Tanasuh Foundation for Dawa, Culture and Media – Libya.
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Posted on 26/07/2017

Qatar news updates: Turkey warms up to Qatar as embargo continues – latest on Gulf crisis

10.15am: UAE says Turkish President’s visit did not “carry anything … discussed the Gulf crisis during talks with Erdogan yesterday, according to Qatari state news agency QNA. The agency said the leaders “reviewed regional developments, specifically …
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Posted on 26/07/2017

UAE banks to get SWIFTSmart eLearning platform

Employees of over 170 banks, financial institutions and corporate customers in the UAE will be able to use SWIFTSmart modules … SWIFTSmart version 2.0 will be available as of July 2017. – TradeArabia News Service
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Posted on 26/07/2017

Sharjah proposes to upgrade Al Ittihad Road

The total number of vehicles using this road exceeds 250,000 vehicles per day, according to previous Gulf News reports. Shaikh Abdullah Bin Salem Al Qasimi, Sharjah Deputy Ruler and Deputy Chairman of the Executive Council, held a council meeting at the …
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Posted on 26/07/2017

Smart taxi meters with a raft of new features in Dubai

Dubai: Taxis in Dubai are being equipped with new smart meters that will add more safety and efficiency to taxi operations in the emirate, the Roads and Transport Authority announced (RTA) on Tuesday. Being installed at a cost of Dh68.8 million, 4,850 …
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Posted on 26/07/2017

Hunt on for masked men who robbed Sharjah bank

an official at Sharjah Police told Gulf News. The daring attack occurred at Al Buhaira cornichea branch of Habib Bank at 11am on Tuesday. Three armed men wearing masks entered the bank, rushed to a counter and took unspecified amount of cash from a teller …
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Posted on 26/07/2017

Three armed and masked men rob bank in Sharjah

Sharjah: Sharjah Police have launched a hunt for three armed … Police sources said investigators were looking at the CCTV footage and speaking to eyewitnesses. Gulf News visited the bank and found that all staff members had been taken to Al Buhairah …
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Posted on 26/07/2017

Sharjah Moon Sailors Latest of Over 50 Indian Sailors to Return Home from UAE

The stranded Indian crew members of MV Sharjah Moon have finally returned home, India’s Consulate General in Dubai informed. ” With our persistent efforts, 5 Indian sailors of Sharjah Moon stuck for many months returning home tonight. We had …
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Posted on 26/07/2017

Sharjah Ruler congratulates Egyptian President on Revolution Day

SHARJAH, 23rd July, 2017 (WAM) — H.H. Dr. Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has sent a message of congratulations to Egyptian President, Abdel Fattah el-Sisi, on the occasion of his country’s Revolution Day …
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Posted on 26/07/2017

Coral Beach Resort Sharjah remains #1 on TripAdvisor

Coral Beach Resort Sharjah continues to be the leading hotel in Sharjah … our guests’ requirements and meet their expectations at every step.” – TradeArabia News Service
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Posted on 26/07/2017

Sharjah airport to build new private jet terminal

The agreements are part of Sharjah Airport Authority’s strategy to develop the general aviation industry in order to accommodate the increasing growth of this industry in the UAE and the Emirate of Sharjah. – TradeArabia News Service
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Posted on 26/07/2017

Sharjah launches $40m road upgrade project

The Sharjah Urban Planning Council (SUPC), has launched the University … reported Wam, the Emirates official news agency. The space will include wide sidewalks, native species landscaping areas, a bike path and parking. Sheikh Khalid Bin Sultan Al …
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Posted on 26/07/2017

Bank of Sharjah P J S C : Sharjah Islamic H1 net profit rises by 6.2pc

Sharjah Islamic Bank, SIB, has posted a net profit of … reported Wam, the Emirates official news agency. Net customer receivables of the bank amounted to Dh19.0 billion at the end of the 2nd quarter 2017, an increase of 11.2 per cent or Dh1.9 million …
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Posted on 26/07/2017

ADFD to Study Feasibility of UAE Export Finance Programme With Korea Development Institute

Abu Dhabi Fund for Development (ADFD), the leading national entity in development aid, appointed the Korea Development Institute (KDI), a prominent Korean think tank, as expert consultants to advise on the need for a UAE-based Export Finance Programme.
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Posted on 26/07/2017

UAE residents warned against financial frauds

The Abu Dhabi Judicial Department has warned residents against investing in financial portfolios that are not licensed by authorities or falling victims to fraudsters. The judicial officials also highlighted about the dangers of these portfolios, and how …
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Posted on 26/07/2017

Dubai Financial Market posts 4% rise in net profit

Dubai Financial Market has announced a net profit of AED145.6 million for the first six months of 2017, up 4 percent on the year-earlier period. The increase was recorded despite net profit slumping 19 percent in the second quarter of the year, the bourse …
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