Business & Money | Thursday 26 November, 2020 4:05 pm

ENBD REIT announces H1 NAV of USD 198 million (USD 0.79 per share)

ENBD REIT (CEIC) PLC (“ENBD REIT”), the Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management Limited, has announced its Net Asset Value as at 30th September 2020. ENBD REIT’s NAV stands at USD 198 million (USD 0.79 per share), decreasing from USD 230...

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Business & Money | Thursday 26 November, 2020 3:54 pm

Bahri bags three honors at The Maritime Standard Awards 2020

Reaffirming its reputation as a frontrunner of excellence and innovation in the region’s maritime industry, Bahri, a global leader in logistics and transportation, was honored with three prestigious recognitions at the seventh edition of The Maritime Standards Awards 2020, held at Dubai World...

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Business & Money | Thursday 26 November, 2020 1:01 pm

Al Wahda Mall announces the launch of IKEA

Al Wahda Mall announces the launch of IKEA  Al Wahda Mall, an iconic landmark and central Abu Dhabi’s leading shopping and lifestyle destination, announces the opening of IKEA, world-famous home furnishing retailer from Sweden. Abu Dhabi’s second and UAE’s fifth store, IKEA is now...

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Business & Money | Thursday 26 November, 2020 11:11 am

talabat launches its revolutionary Cloud Kitchen concept in the UAE

talabat has officially opened its first-ever Cloud Kitchen concept in Abu Dhabi, bringing F&B concepts to life through this revolutionary operating model.The kitchen is fully operational and leased to a number of world-famous brands, fitted with the highest standards in tech, food safety and...

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Business & Money | Thursday 26 November, 2020 5:25 am

Zain KSA expands its 5G network coverage to Dammam’s 2nd Industrial City

Zain KSA has announced the successful expansion of its 5G network in Dammam’s 2nd Industrial City in collaboration with the Saudi Authority for Industrial Cities and Technology Zones (MODON), thus empowering more than 612 Saudi and global factories with advanced 5G capabilities and an array of...

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Business & Money | Thursday 26 November, 2020 4:28 am

Visa Commercial Pay Brings Virtual Card Capabilities to Clients and Partners Worldwide

 Visa (NYSE:V), the world’s leader in digital payments, and Conferma Pay, the world’s foremost provider of virtual payments technology, today announced a strategic partnership to launch Visa Commercial Pay, a suite of B2B payment solutions, to help improve cashflow for businesses and...

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Business & Money | Thursday 26 November, 2020 3:03 am

APICORP extends a USD50million revolving construction facility to Yellow Door Energy to finance solar projects

The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, announced today that it has signed USD 50 million revolving construction facility with Yellow Door Energy Limited (”Yellow Door Energy”), a leading UAE based sustainable energy provider for...

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Business & Money | Thursday 26 November, 2020 1:23 am

Saudi Arabia collects six Arab governmental excellence prizes

The Kingdom of Saudi Arabia harvested six prizes in the field of Arab governmental excellence, a competition organized by the Arab Organization for Administrative Development, an affiliate of the Cairo-based Arab League, in cooperation with the government of the United Arab Emirates, aiming to...

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Business & Money | Wednesday 25 November, 2020 4:03 pm

Labour Standards Development and Prevention and Safety Authorities discus enhancing safety and occupational health in Sharjah work environment

His Excellency Salem Yousef Al Qaseer, Chairman of the Labour Standards Development Authority in Sharjah, received in his office Tuesday, November 24, 2020, His Excellency Sheikh Khalid bin Saqr Al Qasimi, Chairman of the Prevention and Safety Authority and the accompanying delegation, and...

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Business & Money | Wednesday 25 November, 2020 3:30 pm

Emirates Islamic Reveals 2020 Findings of Islamic Banking Index by Emirates Islamic™

Emirates Islamic, one of the leading Islamic financial institutions in the UAE today announced the latest edition of its ISLAMIC BANKING INDEX by EMIRATES ISLAMIC™, a benchmark survey revealing the progress, penetration and perception of the Shari’a-compliant banking sector in the UAE, as well...

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