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Etisalat’s operating expenses amount to AED 34.6 billion in 2016

 The total operating expenses of Emirates Telecommunications Group Company PJSC, Etisalat, amounted to AED 34.6 billion from AED 32.75 billion last year. The 5.6 percent growth, which excludes the royalty fees to the Federal Government , comes on the back of tremendous business development and strong performance by the Group in 18 markets across the world. 

Jafza partners with multinationals to train fresh Emirati graduates

Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World and Chairman of the Ports, Customs and Free Zone Corporation has signed a Memorandum of Understanding with leading multinationals in Jebel Ali Free Zone (Jafza) for Jafza’s ambitious internship programme — Tumoohi. Under this initiative, Emirati graduates will intern with partner companies between six months to one year. The ceremony was held at the Careers UAE at the Dubai World Trade Centre in the presence of Adel Bin Turkeya, Chief Resources Officer and Khawla Ali, Head of Human Resources. In the second phase of Tumoohi, Jafza is joined by leading organisations in the UAE, including Unilever, Proclad, Agility, MAN Truck & Bus AG, BSA Ahmad Bin Hezeem & Associates, Ocean Fair International, Nestle and Ajman University.

Nasdaq Dubai to launch ’Market Site’ strengthen communication between regionís financial ecosystem and rest of world

Nasdaq Dubai, the region’s international stock exchange, announced on Monday it will create a premier platform for capital market, economic, and business thought leadership. Named ‘Market Site’, the venue at the Dubai International Financial Centre (DIFC) will feature an attractive and technologically advanced event space for corporate functions and seminars as well as broadcasting studio facilities. 

Retailers are failing to drive devotion amongst UAE shoppers

Global loyalty marketing agency, ICLP reveals research which states that whilst Club Apparel, which comprises of over 70 international brands, is considered to be performing the most strongly in the eyes of UAE shoppers when it comes to rewarding customer loyalty, retailers in general are failing to drive devotion amongst consumers. Just 29% of UAE consumers feel that their custom and loyalty is being rewarded by their favoured retailer, while 36% said that they felt appreciated if they were a regular customer. ICLP surveyed UAE consumers to understand how far their expectations were being met by a named retail brand that they shop with frequently and are loyal to, and revealed that brands still have a significant journey to make in order to build a strong relationship with their customers. Working with Professor Rogge of the University of Rochester, ICLP applied Sternberg’s Triangular Theory of Love to the relationship between shoppers and brands, and defined the ideal, or ‘devoted’ relationship, as one where shoppers feel passion, intimacy, and commitment to the brand. 

Will the Trump Presidency Split The Middle East?

Many questions have been raised since President Donald Trump signed his January 27 executive order banning Muslim citizens from seven countries from entering the United States. The initial outrage to protests and court hearings. The first case involved a pair of Yemeni brothers who were two of the thousands of Muslims whose visas were revoked. More than 60,000 people found themselves in the same predicament. More legal action and complete turmoil has continued as several countries began to rethink relations with the United States. Will Trump’s actions divide the Middle East?

Al Tayer hails RTA’s winning Dubai Chamber CSR Label

HE Mattar Al Tayer, Director General and Chairman of the Board of Directors of the Roads and Transport Authority (RTA), praised RTA’s achievement of obtaining the Dubai Chamber Corporate Social Responsibility (CSR) Label, rendering it the first government entity to win this accolade. “The RTA is always keen to introduce new initiatives to reinforce its social responsibility and support all initiatives and programs of the Dubai Government in various scientific, social, humanitarian and economic fields. Realizing these objectives is part of RTA’s continuous efforts to enhance its CSR and profile besides achieving people’s happiness. Achieving this Label culminates RTA’s efforts at the local level, highlighted by the scores of CSR initiatives such as ‘Read More’, which benefited more than half a million people, and the ‘Charity Bus’ initiative which serves 3,000 meals to public transport users in Ramadan,” said Al Tayer.

Businesses can now share and request locations in Direct Messages

Businesses can now build on our Direct Messages platform can request and share locations with people. Alongside quick replies and welcome messages, this is yet another feature in the canvas we’re providing for businesses to create great human- and bot-powered customer experiences on Twitter.

Cloud and Application Security a High Priority for UAE Organizations

Palo Alto Networks®, the next-generation security company, today announced the results of its 2017 cloud security survey, coinciding with the Palo Alto Networks Cybersecurity Summit 2017 in Dubai. Surveying over 1,000 IT decision-makers in the United Arab Emirates and Saudi Arabia, the survey explores the state of cloud adoption and security amongst organizations in the region. As a result of automation and cloud services integration advancements, effective next-generation security measures can now be easily applied, without causing administrative friction; and the notion that security is a bottleneck to embracing any cloud model is a thing of the past.

Dubai World Trade Centre and Careem partnership to enhance visitor experience ground transportation services

Dubai World Trade Centre (DWTC) has partnered with Careem, the region’s leading ride-hailing app, leveraging technology to provide efficient ground transportation services that would offer a seamless visitation to the DWTC’s Dubai International Convention and Exhibition Centre, the leading venue for the MICE sector in the region. Through the partnership, Careem will optimise their presence at the DWTC venue with dedicated pick-up and drop-off ranks to facilitate an efficacious solution for the arrival and departure of DWTC visitors. 

Family Businesses’ Commitment to Evolutionary Growth is Key to their Continuity

Family Business Council – Gulf (FBCG), the regional association of Family Business Network International (FBNi), announced its Annual Summit 2017 to be held under the theme ‘Secrets to Family Business Continuity: Committed to Evolve Over Generations’ on 12-13 April 2017 in Dubai. Held for the third consecutive year, the Summit will bring together regional and international family business leaders, experts and academicians to share family business experiences, principles, and innovative mechanisms that help family businesses evolve to achieve continuity and sustained growth.

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