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June 2018 — BUSINESS DIRECTORY | Brand-GID | United Arab Emirates

June 5, 2018 no comments 773
The oil giant is considering selling another 10% stake in its fuel distribution business Abu Dhabi National Oil Company is considering selling another 10 percent stake in its fuel distribution business, which listed in an initial public offering last year, but the timing is uncertain,...

June 5, 2018 no comments 678
Integrated project to produce white oil, liquid paraffin, hydraulic liquid, transformer oil, rubber processing oil, motor oil and industrial oil. SHARJAH- Saud Salem Al Mazrouei, Director of the Hamriya Free Zone Authority and the Sharjah International Airport Free Zone Authority, signed...

June 5, 2018 no comments 643
Aggregate profits of UAE’s 13 publicly listed property companies rose by almost 30% The aggregate profits of the UAE’s 13 publicly listed property companies rose by almost 30 percent in the first quarter, state-run news agency WAM reported. The real estate companies’ profits surged to...

June 4, 2018 no comments 754
Available to book from Monday, customers will be able opt for an electric vehicle when they are booking a scheduled journey anywhere in Dubai Careem, the Dubai-baseds ride hailing app, has announced the introduction of an electric car type option onto the fleet. Available to book from...

June 4, 2018 no comments 622
Airline president Tim Clark says aircraft will start returning to service following the month-end Eid al Fitr holiday Emirates grounded 20 aircraft during Ramadan as the Islamic month’s timing this year exacerbated a seasonal slump in demand from Gulf passengers and business travellers...

June 4, 2018 no comments 640
Address Downtown re-opened two and a half years after the New Year's fire that destroyed the luxury property Two and a half years after a massive New Year’s fire destroyed much of the Address Downtown, the flagship hotel of Emaar Hospitality Group has reopened its doors to guests. The...

June 4, 2018 no comments 834
47% also found the business environment in the UAE to be nurturing of SMEs UAE - More than 60 per cent are of the UAE’s top small and medium enterprises (SMEs) are confident of achieving as much as 20 per cent growth for remainder of 2018 compared to their performance last year, a report...

June 4, 2018 no comments 712
The combined profits of 13 listed property companies in the UAE surged to Dh4.35 billion ($1.18 billion) during the first quarter (Q1) of the year, a growth of 29.4 per cent from Dh3.36 billion in Q1 2017, a media report said. The marked profit growth beats the expectations of industry analysts...

June 4, 2018 no comments 681
Dubai has become the first city in the Middle East region and 24th in the world to be declared as the Creative City of Design by the United Nations Educational, Scientific and Cultural Organisation (Unesco). The announcement regarding the selection of Dubai as the first Creative City of Design...

June 4, 2018 no comments 824
The Saudi stock market jumped on Sunday The Saudi stock market jumped on Sunday after the weekend appointment of a prominent businessman as labour minister, a move widely welcome by the private sector. Ahmed bin Suleiman al-Rajhi is expected to create a friendlier business environment,...
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