corporate

  • ‘Switch off for a greener world’ and support Earth Hour 2017 with Majid Al Futtaim’s shopping malls

    Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, will be part of the Earth Hour global initiative aiming to raise awareness on sustainability and energy consumption.

  • ‘tecpower’ to leverage its diverse range of products during its initial participation at DISTREE Middle East 2015

    ‘tecpower,’ a leading brand of IT accessories and products in the Middle East region, has announced its participation at this year’s edition of DISTREE Middle East, the ultimate professional networking event for senior executives from the consumer electronics, digital device and ICT products retail channel in the Middle East (ME) region, which will be held from May 12 to May 14, 2015 at the Fairmont Bab Al Bahr in Abu Dhabi. Participating for the first time, ‘tecpower’ is set to showcase its diverse portfolio of products, which includes power banks, USB cables, headsets, mini-projectors, power batteries, screen protectors and car chargers, across tpotential partners and clients present at the event.

  • ‘The all-new PEUGEOT 3008 CUV makes Middle East debut’

    The all-new PEUGEOT 3008 CUV was unveiled last Wednesday during a regional launch event at Jumeirah Beach Hotel, Dubai. The high-profile event was attended by Jean-Philippe Imparato, Chief Executive Officer of Peugeot brand, Jean-Christophe Quemard, Executive Vice-President Africa-Middle East of PSA Group, Cedric Zayoun, Managing Director of the GCC region at PSA Group and UAE’s celebrated rally driver Sheikh Khalid Al Qassimi, in addition to over 100 key figures from the industry and prominent media outlets from the UAE and the region.

  • "BAIN & COMPANY STUDY FINDS SERVICES ARE KEY TO GCC INDUSTRIAL COMPANIES’ SUSTAINED GROWTH"

    In many industrial companies, services play virtually no role. Yet the service business is reporting growth rates up to 40 percent faster than sales of new products. What's more, the gross profit margin of services is on average a good ten percentage points higher. These are the conclusions from international management consultants Bain & Company in their latest study, “Winning in Industrial Services,” in which 45 industrial companies underwent an in-depth benchmarking analysis.

  • "Honda e Prototype" World Premiere at Geneva International Motor Show 2019

    Honda's new urban electric vehicle will be previewed at the 2019 Geneva International Motor Show in the form of the Honda e Prototype. This new model leads on from the brand?s highly acclaimed 2017 Urban EV Concept, and is a key part of Honda's "Electric Vision" strategy for the European region.

  • “1422” A 40 MILLION DIRHAMS READY COUTURE STORE TO LAUNCH IN DUBAI THIS APRIL

    Dubai is set to celebrate the launch of the world’s first Ready Couture store, at City Walk this April. “1422” is a new building dedicated for luxury shopping, custom made fashion and lifestyle experience; and a venue that will become a designer’s acceleration hub - announced today by the Arab Fashion Council (AFC) in partnership with Meraas, a diversified Dubai-based company, and umdasch The Store Makers, a leading multinational Retail Interiors enterprise with their headquarters and roots in Austria.

  • “aafaq Islamic Finance” conferred Business Excellence Award under Dubai Service Excellence Scheme

    aafaq Islamic Finance, a leading provider of Islamic finance products and services in the UAE, has been conferred with the Business Excellence Award under the ‘Dubai Service Excellence Scheme’ category. The award ceremony was hosted by Dubai’s Department of Economic Department (DED), the government body entrusted to set and drive the emirate’s economic agenda, to benchmark quality and excellence for stronger business growth. The company received the ‘Best Service Performance Outlet Award’ for its Altwar center and Al Fujairah outlets. Aafaq recently launched the award-wining ‘Happy Customer’ initiative to ensure that each patron receives exceptional service for an unforgettable customer experience.

  • “aafaq Islamic Finance” signs strategic MoU with University of Bolton’s Centre for Islamic Finance

    Institute of Finance & Management subsidiary of aafaq Islamic Finance, a leading provider of Islamic finance products and services in the UAE, has recently signed a Memorandum of Understanding (MoU) with the University of Bolton’s Centre for Islamic Finance, an initiative designed to facilitate research and promote the understanding of Islamic Finance through lectures, conferences and a joint professional certificate in Islamic Banking. The document was signed in London.

  • “aafaq Islamic Finance” wins ‘Best Islamic Finance Company’ category at ‘Banker Middle East Industry Awards 2015’

    aafaq Islamic Finance, a leading provider of Islamic finance products and services in the UAE, has been named as the ‘Best Islamic Finance Company’ during this year’s edition of the prestigious Banker Middle East Industry Awards, the region’s leading financial event, which held its awarding ceremonies in a special gala dinner recently at the Emirates Towers Hotel in Dubai. The award was given to aafaq Islamic Finance in recognition of its significant contributions and achievements in the field of Islamic Finance, especially for its continuing efforts to provide the region with dynamic and innovative Islamic banking and financial solutions that are in compliance with Islamic Shari’a law.

  • “Abu Dhabi Health Services Company” achieves global industry recognition using Cerner Millennium Electronic Health Record

    All 11 facilities managed by the Abu Dhabi Health Services Company (SEHA) have attained Stage 6 on the Electronic Medical Record Adoption Model EMRAM)SMby HIMSS Analytics Middle East, which is one of the highest recognition for its use of clinical information technology (IT) systems and advanced safety features to enhance the patient care experience.

  • “ALMALL” the Region’s Newest Online Shopping Destination

    Following Crown Prince Mohamed Bin Salman’s ascension to his role last year, Saudi Arabia has been working towards realizing a complete transformation of its economy and society based on key objectives set under its Vision 2030, a national strategy to modernize its economy and diversify the country’s economy, moving it away from oil dependency.

  • “Back to normal; really?”

    Global inflation is about to spike due to higher worldwide commodity prices, competitive devaluations (imported inflation) and, to a lesser extent, increasing property prices.

  • “Brexit increases uncertainty but unlikely to have significant long term impact on Dubai real estate market’

    JLL, the world's leading real estate investment and advisory firm, today has released its Q2 2016 Dubai Real Estate Q2 Overview report that evaluates the impact of Britain’s exit from the European Union on the Dubai Real Estate Market across office, residential, retail and hotel sectors. Dubai caters to the most open real estate market within the region and as a result is more susceptible to external factors. As Brexit brings slight uncertainty into the market, it was noted that in Q2 2016 rent values continue to face a downward slope in the office and residential sectors.

  • “Don’t put yourself at risk”, women are told, as physicians dispel myth that cardiovascular disease mainly afflicts men

    The common myth that heart disease mainly afflicts men is being addressed in an ambitious health initiative by Majid Al Futtaim. The annual ‘Feel the Beat’ campaign encourages ladies to put themselves first and take their own health in their hands.

  • “Don’t put yourself at risk”, women are told, as physicians dispel myth that cardiovascular disease mainly afflicts men

    The common myth that heart disease mainly afflicts men is being addressed in an ambitious health initiative by Majid Al Futtaim. The annual ‘Feel the Beat’ campaign encourages ladies to put themselves first and take their own health in their hands.

  • “Drake & Scull International” to Embark on a Series of Fixed Income Investor Meetings in the Middle East and Europe

    Drake & Scull International PJSC (DSI), a regional market leader in the integrated design, engineering and construction disciplines of General Contracting, Mechanical, Electrical and Plumbing (MEP), Water and Power, Rail, and Oil and Gas, and wastewater treatment, announced today that it has mandated Emirates NBD Capital and HSBC as Joint Global Coordinators, and Al Hilal Bank, Emirates NBD Capital, HSBC and Standard Chartered Bank as Joint Lead Managers to arrange a series of fixed income investor meetings in the Middle East and Europe commencing on the 4th June 2015. An unrated USD Regulation S Senior Perpetual Sukuk offering may follow subject to market conditions.

  • “Dubai CommerCity” first regionale-commerce free zone

    H.H. Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of the Dubai Airport Freezone Authority (DAFZA), witnessed the launch of ‘Dubai CommerCity,’ an AED 2.7-billion, 2.1-million square feetjoint venture between DAFZA and wasl Asset Management Group, in the Umm Ramool area. Dubai CommerCity, the first free zone dedicated to e-commerce in the MENA region, is strategically intended to promote Dubai’s position as a leading platform for international e-commerce and to support economic diversification and smart transformation strategies.

  • “Fares” Acquires 50 Percent of “Tawseel” Delivery Services Shares

    Fifty percent shares of Tawseel Delivery Services, a Sharjah-based food delivery service provider, have been acquired by the UAE-based Fares Foundation for General Trading, which specialises in logistics and distribution through land, air and sea. 

  • “Growth through quality continues to be the engine of our business” confirms new CEO of DHL Express

    The new CEO of DHL Express, John Pearson, is expecting continued positive developments for the global express market and the company, thanks to booming cross-border e-commerce, digitalization and its excellent positioning in all industry verticals. Member of the Board effective January 1, 2019, Pearson was instrumental for DHL Express’ decade long success story and expects growth figures to continue in 2019 and beyond for the Express division of the Group. Pearson took over from Ken Allen who became CEO of the newly established DHL eCommerce Solutions division.

  • “HELLO, MY NAME IS SAYER. I AM THE STEERING WHEEL OF THE FUTURE”

    Jaguar Land Rover is revealing the intelligent and connected steering wheel of the future during the inaugural Tech Fest at Central St Martins art, design and technology college in London, UK.