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June 26, 2019

GMC ranks highest when it comes to customer service among mass market brands in the UAE with a score of 809, according to a study by analytics firm JD Power.

Nissan ranks second with a score of 804, while Mazda ranks third with a score of 799, revealed the JD Power 2019 UAE Customer Service Index (CSI).

It also showed that Cadillac ranks highest in customer service satisfaction among luxury brands with a score of 853, followed by Porsche with a score of 848, and Land Rover with a score of 841.

The"...

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June 26, 2019

Four hundred people have so far been granted the gold card residency visas, Major General Mohamed Ahmed Al Marri, director general of the General Directorate of Residency and Foreigners Affairs (GDFRA) in Dubai, announced.

Al Marri, speaking at a press conference on Tuesday, said the GDFRA plans to issue a further 6,400 gold card visas by the end of the year. The first batch of investors would hold total investments of AED100 billion ($27 billion).

The UAE's new permanent visa is intended to generate foreign investment and attract top engineers, scientists, and star"...

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June 26, 2019

SHARJAH, 25th June, 2019 (WAM) -- Sharjah-based Air Arabia on Tuesday announced the launch of direct flights between Sharjah and Vienna, capital of Austria, starting 15th September, 2019.

The non-stop six-hour flight to Vienna, popularly known as the ‘City of Music’, will initially operate four times a week, on Sundays, Wednesdays, Fridays and Saturdays, and will increase to daily flights starting mid-December.

Flights on Sundays, Tuesdays, and Fridays depart Sharjah International Airport at 17:35 local time arriving at Vienna International Airport at 21:50 local"...

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June 26, 2019

DUBAI, 25th June, 2019 (WAM) -- Dubai Government Workshop, DGW, will provide technical vehicle support services for activities related to the upcoming Expo 2020 Dubai.

The Expo 2020 Bureau signed a Memorandum of Understanding, MoU, with DGW, which also covers opportunities for building and expanding relations between the two parties. DGW has already started to provide fast vehicle services, collectively known as mobile workshop, at the Expo 2020 venue.

The agreement was signed by Najeeb Mohammed Al-Ali, Executive Director, Expo 2020 Bureau, and Fahad Ahmed Al Raeesi, DGW’s"...

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June 26, 2019

Etihad Airways is preparing to launch seasonal summer flights from Abu Dhabi to the historic Egyptian city of Alexandria, one of oldest continuously-inhabited locations in the world, and which was home to the Great Library of Alexandria and the Pharos Lighthouse.

The famous coastal city is also a convenient gateway for many of the Egyptian expatriates living in the UAE and planning to return home during the summer holidays. Between July 2 and August 31, the Airbus A320 flights will depart Abu Dhabi at 2.15pm every Tuesday, Thursday, Saturday and Sunday, arriving in Alexandria at 4:00pm. Return flights will depart Alexandria at 4:50pm, arriving back"...

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June 26, 2019

RAS AL KHAIMAH, 25th June, 2019 (WAM) -- The National Bank of Ras Al Khaimah, RAKBANK, has announced the repayment of the outstanding nominal amount of US$681.67 million on its RAKFunding Cayman Ltd. 5-year US$800 million bond matured on 24th June 2019.

RAKBANK had issued US$500 million bond earlier this year in April 2019 through RAKFunding Cayman Ltd.

Proceeds from the issue along with other internal sources were used to pay back the bond maturing in June 2019, the bank said in a statement.

RAKBANK"...

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June 26, 2019

LONDON, 25th June, 2019 (WAM) -- Dr. Sultan bin Ahmad Sultan Al Jaber, Minister of State and ADNOC Group CEO, participated, today, in the inaugural 'Bloomberg Emerging and Frontier Forum', which brought together global financial policymakers in a dialogue on the key economic issues related to growth in emerging and frontier markets.

Speaking during the day-long forum which was opened by Michael Bloomberg, founder of Bloomberg L.P. and Bloomberg Philanthropies, Dr. Al Jaber began his remarks by noting that stability and energy security are paramount to economic growth.

'As"...

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June 26, 2019

Saadiyat Development and Investment Company (SDIC) has officially announced the appointment of Shapoorji Pallonji Middle East as the main contractor for the Dh1.5 billion Qaryat al Hidd development on Saadiyat Island.

Sharpoorji Pallonji joins international construction and real estate consultants Drees & Sommer, lead international design consultants B+H Architects Corp, and lead international architectural and engineering multi-disciplinary consultants Khatib & Alami, who have all previously been awarded contracts to provide project management and architecture expertise.

The"...

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June 26, 2019

DUBAI, 25th June, 2019 (WAM) -- Dubai CommerCity is participating in the 2019 edition of the SIL and eDelivery Barcelona Expo and Congress to demonstrate the opportunities available to those looking to operate in the region and to showcase its services and offerings.

To be held from 26th to 28th June, 2019, at the Fira de Barcelona Montjuïc site, the 21st edition of the international event will gather nearly 650 companies. It will be held under the theme, 'Supply Chain and Industry 4.0: the new era of digitalisation and sustainability', in parallel to the AICE and the Intrade Summit BCN, which includes the Alacat Congress, and the International"...

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June 26, 2019

ABU DHABI, 25th June, 2019 (WAM) -- Following a recent announcement from Ghadan 21 that aims to bolster private sector growth in Abu Dhabi, Hub71 has announced today the strategic decision of four startup pioneers to set up a presence with the majority of their development and engineering capabilities at Hub71 in Abu Dhabi.

The startups include UAE-based BitOasis, the largest digital asset exchange platform in the Middle East, Lamsa, an award-winning Arabic language learning app, US-based Surkus, the world’s most powerful experiential marketing tech platform and Bayzat, an insurance and HR tech startup, who will all start operations at Hub71"...

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