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ABU DHABI NEWS |
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Abu Dhabi real estate market experiences growth JLL, the world's leading real estate investment and advisory firm, has released its second quarter (Q2 2014) Abu Dhabi Real Estate Overview report, whichprovides the consultancy's perspective on the latest trends in the office, residential, retail and hotel sectors in the Abu Dhabi market. Zayed Programme approves AED 1.1 billion housing aid The Sheikh Zayed Housing Programme, SZHP, has approved the names of 1,369 beneficiaries of the 2nd batch of housing aid valued at AED 1.157 billion. The names of the beneficiaries were approved during a meeting chaired by Dr. Abdullah Bel Haif Al Nuaimi, Minister of Public Works and Chairman of SZHP. The approval is in line with the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan to provide Emiratis a dignified life since their welfare tops the priorities of the government. UAE based compareit4me.com closes first round of funding compareit4me.com, the UAE based finance comparison site has announced the completion of its first round of funding at a valuation of over $3 million. The investment was led by Mulverhill Associates, a Dubai based investment and advisory firm focused on the Middle East. Jonathan Hall, Managing Director of Mulverhill Associates said ‘it’s fantastic to be involved with such an energetic and rapidly growing company as compareit4me.com. They have bootstrapped their way to being industry leaders, have 15 active banks working with them, are already profitable and most interestingly for us, they have enormous growth potential.’ Hall continued,’compareit4me has a significant foothold in a fantastic industry, it is a business model that has been extremely successful in other markets and we are delighted to be supporting the team.’ |
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SHARJAH NEWS |
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Sharjah International Book Fair Announces Registration For First Joint SIBF /ALA Library Conference The Sharjah International Book Fair (SIBF) has announced that registration is now open for individuals and organisations working in the library sector. Sharjah Islamic Bank Announces A 50% Rise In Net Profits To Reach AED 202.1 Million For The 2nd Quarter Of 2014 Sharjah Islamic Bank announced its 1st Half 2014 results with Net Profits reaching AED 202.1 million, compared to 134.7 million achieved in the same period last year, a 50% growth rate. Sharjah Islamic Bank Launches Personal Finance Summer Offer The new offer aims to provide the best rates on personal finance, which will also enable personal finance clients to benefit from reduced rates on all personal finance products. |
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New book features unique collection of Islamic textiles from Sharjah One of the world’s most important collections of Islamic textiles from the Sharjah Museum of Islamic Civilisation is being celebrated in a new publication created by Sharjah Museums Department (SMD). Sharjah Commerce and Tourism Development Authority Established in 1996 by the Government of Sharjah, the SCTDA has been in the forefront of promoting and taking Sharjah to the world with its relentless efforts and unmatched enthusiasm. The Authority constantly explores possibilities and avenues of promoting and developing tourism and commercial sectors in the emirate through special events, activities and festivals at home and around the world. It pursues its goals by planning and drawing up strategic plans to promote and develop tourism sector in all its forms. It conducts social and economic research and studies as well to evolve its strategies and pursue its goals. And as part of its strategy to promote Sharjah, SCTDA participates in local, regional and international exhibitions, focusing on the factors of distinction and exclusivity. The Economist praises Sharjah’s efforts in water conservation The Economist, a weekly international news and business publication, has confirmed that Sharjah s per capita consumption of water is consistent with the recommendations of the United Nations, pointing to the emirate’s numerous efforts in water conservation. A report by Sharjah Media Centre mentioned that the magazine in its recent issue titled "The World in 2014", commended on the fact that daily water consumption in Sharjah is estimated at around 200 liters per person, which is the average recommended by the UN.
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