Tag Archives: United Arab Emirates

ADNOC Announces US $45 Billion Investment Plan to Become Leading Global Downstream Player

The Abu Dhabi National Oil Company (ADNOC) unveiled plans to invest US $45 billion alongside partners, over the next five years, to become a leading global downstream player. The plans were unveiled at the ADNOC Downstream Investment Forum, which took place today in Abu Dhabi, UAE. The event brought together more than 40 CEOs and 800 senior business leaders from the global oil and gas, energy, petrochemical and finance industries, as well as many other sectors. read more

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The United Arab Emirates Scraps VAT on precious metals

According to government news outlets, the government of United Arab Emirates has exempted the value-added tax (VAT) on gold, diamonds and precious metals. read more

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AURAK Hosts 16th UAE Mathday

The American University of Ras Al Khaimah hosted the 16th UAE Mathday, featuring keynote speakers: Salah-Eddine Kabbaj of King Fahd University of Petroleum and Minerals, and Nader Masmoudi of New York University. read more

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Hawkamah hosted 12th annual conference with a focus on corporate governance in the age of technology

Hawkamah, The Institute for Corporate Governance, hosted its annual conference on April 30 at Palace Downtown Dubai. A gathering of leading regional and international corporate authorities, the event drew over 200 attendees and provided the perfect platform for a discussion on the 2018 theme, “Navigating Transformation and Disruptions: Overcoming Governance Challenges”. read more

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Building on a Legacy: Introducing the Zayed Sustainability Prize

Evolving from 10 years of success as the Zayed Future Energy Prize, the UAE’s preeminent sustainability Prize undergoes a strategic refocus  read more

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Expert Says UAE is a Leading Healthcare Destination in the Region

Speaking on World Health Day, Dr Yehia El Gabbani, Hospital Director of Emirates Hospital-Jumeirah, said the UAE healthcare market’s innovative progress make it the leading healthcare destination in the MENA region. The country has seen a surge in new specialised services and treatments for residents and innovative products such as surgical robots, augmented reality systems, and artificial intelligence. read more

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M Hotel Downtown by Millennium Unveils an Egg-citing Easter Brunch at Lemon Pepper Restaurant

Celebrate an eggs-quisite Easter this Sunday, April 1, 2018 with friends and family at Lemon Pepper Restaurant located in M Hotel Downtown by Millennium. read more

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Finance Professionals in the UAE Are Urged To ‘Think Local and Act Global’ As the Country Continues To Become A Key Global Financial Hub

ACCA (Association for Chartered Certified Accountants) recognised over 200 members in the UAE who achieved a momentous professional milestone by becoming ACCA members. They were honored at an event held at the Address Dubai Mall on the evening of 21 March which was attended by leading businesses, finance professionals and the corporate community of the UAE. read more

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RAK Properties’ AGM Approves Increase of Cash Dividends To 6% For 2017

RAK Properties PJSC held the second annual general meeting of shareholders last Saturday at Double Tree by Hilton Resort & Spa Marjan Island. The meeting reviewed and approved the Board of Directors’ report on the company’s activities, the auditor’s report for the 2017/18 fiscal year, the corporate balance sheet, and the profit and loss account. They also presented current and future projects. read more

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ABB Records Steady Growth in the UAE

Digitalization and clean energy integration transforming the energy landscape in the country read more

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The Leaking Pipeline Needs to be an Immediate Priority for all Current and Future Business Leaders in the UAE States ACCA

Forty years on from the phrase ‘glass ceiling’ being used to define thwarted careers and ambitions – especially for women – ACCA is calling for business leaders to show real and measurable progress on diversity and social mobility issues. read more

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Julphar Targets Double-Digit Growth in 2018

Julphar reviewed non-audited preliminary financial results for 2017 and forecasts for 2018, following its Board of Directors’ meeting, which was chaired by His Highness Sheikh Faisal Bin Saqr Al Qasimi, Chairman of the Board of Julphar. read more

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RAK Properties records 10% growth in net profit in 2017

RAK Properties PJSC (ADX: RAKPROP) announced its financial results for the full fiscal year of 2017 following its Board of Directors’ meeting which was chaired by H.E. Mohammad Hasan Omran, Chairman of RAK Properties. read more

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Saif bin Zayed Launches Global Inspiration Platform, “Zayed, the Inspirer”

During a late afternoon session at the 6th World Government Summit, Lt. General Sheikh Saif Bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior, launched the “Global Inspiration Platform – Zayed the Inspirer”, to serve as a global platform to share inspirational success stories from around the world. The initiative aims to celebrate the legacy of the UAE founder, late Sheikh Zayed bin Sultan Al Nahyan, and is in line with the directives of HH Sheikh Khalifa bin Zayed Al Nahyan, UAE President, who has declared 2018 as the “Year of Zayed“. read more

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Best’s Market Segment Outlook: Gulf Cooperation Council Market Outlook is Negative

A.M. Best has a negative outlook on the insurance markets of the Gulf Cooperation Council (GCC). Insurers in the GCC (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates) have historically enjoyed significant capital buffers and benefited from extensive reinsurance support; however, continuing headwinds could lead to potential volatility in the operating performance and capitalisation of market participants. read more

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Global Leaders Converge On Abu Dhabi for Inaugural MENA Milken Institute Summit

The UAE capital will welcome more than 500 delegates from around the world to address the region’s most critical challenges read more

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AURAK and WSU Sign Student Transfer Program

Arabic.pdf The American University of Ras Al Khaimah (AURAK) has signed a cooperation agreement with Wayne State University (WSU) of Detroit, Michigan of the United States, establishing the U.S.-based university into its latest international partner. read more

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