Business & Money | Wednesday 4 May, 2016 4:43 pm

AHLI UNITED BANK B.S.C. REPORTS A Q1/2016 PROFIT OF US$ 154.6 million ATTRIBUTABLE TO THE SHAREHOLDERS OF THE BANK

Ahli United Bank B.S.C. (AUB) reported a net profit attributable to its equity shareholders of US$ 154.6 million for the quarter ended 31 March 2016. The net profit reflected an increase of 5.0% in Q1/2016 as compared to the net profit figure of US$ 147.2 million achieved in Q1/2015. The Q1/2016...

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Culture & Education | Wednesday 4 May, 2016 4:41 pm

Dubai Customs rolls out two new reading initiatives

The people of Dubai Customs can now start to really delve into books and have the best book talks. “My Home Library” and “Permanent Libraries” are two new initiatives flagged off by Dubai Customs to boost employees’ reading experiences and knowledge.  ‘My ...

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Culture & Education | Wednesday 4 May, 2016 4:38 pm

“6th Sense for the Visually Impaired” student invention wins ‘Innovator of the Year’ award at GEMS Innovation Awards Ceremony

GEMS Education awarded AED 10,000 and the opportunity to convert a wearable object detection device for the visually impaired idea into a business start-up to the ODI team at the GEMS Innovation Awards Ceremony as part of the culmination of the Arab Innovation Centre for Education (AICE)...

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Business & Money | Wednesday 4 May, 2016 4:34 pm

Deloitte: Record revenues sustain impressive profits despite Premier League clubs’ investment in players

For the first time since 1999, Premier League clubs have recorded a second consecutive year of aggregate pre-tax profits, generating approximately £120m in 2014/15, according to Deloitte, the business advisory firm. This is the second highest-ever aggregate pre-tax profit for Premier League...

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Business & Money | Wednesday 4 May, 2016 4:31 pm

Danube strengthens affordable housing segment with AED300 million Glamz Residence

Danube Properties, an innovative real estate developer and part of Danube Group, today announced the launch of their 6th project- Glamz Residence, AED300 million development in Al Furjan area of Dubai near Discovery Gardens- targeted at affordable housing segment. Danube Properties’...

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Tourism & Hospitality | Wednesday 4 May, 2016 4:25 pm

Etihad Airways statement 2

Etihad Airways flight EY474 from Abu Dhabi to Jakarta on 4 May, operated by an Airbus A330-200 aircraft, encountered severe and unexpected turbulence about 45 minutes prior to arrival at Soekarno Hatta International Airport.   A total of 31 passengers and crew were injured. Twenty two...

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Technology & IT | Wednesday 4 May, 2016 4:14 pm

Teradata Unveils SpecialOps IoT Analytics Team Aimed at Making it Easier to Analyze the Internet of Things

Teradata (NYSE: TDC), the big data analytics and marketing applications company, today announced the creation of its Global IoT Analytics unit within Teradata Labs, based in the United States, UK and India and focused on developing innovations to derive the greatest...

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Business & Money | Wednesday 4 May, 2016 4:09 pm

Supported by Dubai Municipality & Fujairah Municipality Smart Building Automation Summit 2016 Concluded Successfully.

Information Exchange Group (IXG) organized Smart Building Automation Summit 2016 which was held at Hilton Jumeirah Beach Resort, Dubai on April 26-27, 2016. The summit was supported by Dubai Municipality, Fujairah Municipality, Emirates GBC, ASHRAE Falcon Chapter and Middle East lighting...

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Business & Money | Wednesday 4 May, 2016 4:04 pm

MasterCard’s Raghu Malhotra named among ‘Top Ten Indian Leaders in the Arab World 2016’ by Forbes Middle East

Raghu Malhotra, MasterCard’s President for the Middle East and Africa (MEA), has been named among the ‘Top Ten Indian Leaders in the Arab World’ by Forbes Middle East.  The announcement was made at the Forbes Middle East Gala Dinner held at Waldorf Astoria Dubai Palm...

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Technology & IT | Wednesday 4 May, 2016 4:02 pm

IT Budget Priorities Put Under the Spotlight on First Day of IDC Saudi Arabia CIO Summit 2016

International Data Corporation (IDC) today hosted the first day of its sixth annual Saudi Arabia CIO Summit. With more than 200 CIOs and line-of-business leaders in attendance at the Bay La Sun Hotel in King Abdullah Economic City, the event represents the largest gathering of its kind in the...

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