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DUBAI NEWS

Dubai Islamic Bank Foreign Ownership Limit (FOL) raised to 25 Percent
Dubai Islamic Bank announced that Foreign Ownership Limit allowed for the bank has been increased by an additional 10 per cent post completion of all regulatory formalities.

Second Day Of Celebrations For H.H. Sheikh Hamdan At Dubai Duty Free Spring Trials
The two-day Dubai Duty Free Spring Trials Meeting, now in its 18th year, heralds the start of Newbury Racecourse’s 19-day Flat season and was graced by the presence of Her Majesty the Queen for the sixth consecutive year.

Dubai Duty Free Announced 163rd Winner Of US$1 Million
The draw for Dubai Duty Free’s Millennium Millionaire took place today (Tuesday) at Dubai International producing the promotion’s 163rd US$1 million winner, Mr. Massoud Mikhael Antoun, a Canadian national based in Kuwait, with winning ticket no.1374.

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DUBAI FEATURES

BMW Group Middle East sales reach all-time high for the month of March and first quarter
In the race for leadership in the premium car segment, BMW Group Middle East remains in pole position as it posts stronger than ever sales for the month of March as well as the first quarter. Powered by robust sales of BMW 5 Series, X5 and X6 models, the company sold a total of 7,460 BMW and MINI vehicles in 12 Middle East markets during the first three months of the year resulting in an 18% increase compared to the first quarter in 2013.

DCEB lauds tourism stakeholders for seamlessly hosting 14,500 delegates
Dubai’s tourism industry stakeholders have been lauded for successfully showcasing their collective capacity to host international mega-groups this past week, accommodating, transporting and organising large-scale sightseeing tours and gala dinners for 14,500 delegates from China’s Nu Skin Enterprises Inc.’s incentive group.

The ’One and Only’, Audi A8 L arrives in the Middle East
The result of uncompromised design, the 2014 Audi A8 L is the zenith of Audi engineering. Its wide stance and sporty lines hold a finely-tuned Audi quattro® all-wheel drive system. With advanced technologies including Audi MMI® touch, and an exquisite interior, the A8 has a fit and finish unequalled in the industry. The Audi A8 exemplifies its flagship status with distinctive LED lighting.

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ABU DHABI NEWS

Etihad Airways Announces Strong First Quarter With Positive Growth Over Previous Year
Etihad Airways, the national airline of the United Arab Emirates, has announced its strongest ever passenger and cargo volumes for a first quarter.

Troon Golf Junior Inter-Club Series To Launch In The UAE
Troon Golf, the region’s leading golf course management company, has announced the launch of the UAE’s inaugural Troon Golf Junior Inter-Club series will tee off at Abu Dhabi Golf Club on April 26.

Abu Dhabi Customs Foils Three Smuggling Attempts Of 3KG Of Heroin Capsules, 3.8 KG Of Narcotic Substances And 1 KG Of Cannabis
Abu Dhabi Customs inspectors recently foiled two smuggling attempts of 372 heroin capsules weighing 3.8 kg and 1 kg of cannabis at Al Ghuwaifat customs post.

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ABU DHABI FEATURES

GCC Scholarships launches ’The Gulf Online Education Guide’
GCC Scholarships, an upcoming online education portal in Gulf, today announced the official launch of its very first free online guide ‘The Gulf Online Education Guide’. Featuring information on the current higher education scenario in the Middle Eastern region, challenges faced by online students, local and international efforts being made and major influences on e-learning, the guide aims to assist e-learning students, aspiring professionals, educators and everyone related to the Gulf’s education industry gain a better understanding of its current and future standing.

ZonesCorp Provides Ideal Platform for Growth in the UAE
ZonesCorp continues to provide an ideal platform for growth according to partner companies exhibiting alongside ZonesCorp at the prestigious Hannover Messe industrial fair in Hannover, Germany, this week. ZonesCorp partners provided testimonials on how the ZonesCorp model has delivered a readymade solution that facilitates the rapid growth of its partner companies through a broad selection of readily available industrial land and sophisticated infrastructure in key locations around Abu Dhabi with fast and efficient connections to highways, ports, airports, and rail and road networks.

IPL Schedule in UAE
The UAE has been awarded the hosting rights of 20 matches in the Indian Premiere League’s to be held in Abu Dhabi, Dubai and Sharjah.

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SHARJAH NEWS

 
University Of Cambridge And Crescent Enterprises Study Growth Potential For Private Aviation In Sharjah
MBA students from the University of Cambridge Judge Business School recently completed a month of research and analysis on the opportunity to develop Sharjah as the leading private aviation hub within the MENA Region.

Students of International School of Creative Science, Sharjah Win Top Honours in University Competition
Students at ISCS International School have showcased their academic prowess by scooping top honours at a regional inter-college competition. Pupils from the institution,

Sharjah Ladies Club Gears Up To Launch
In conjunction with the Sharjah Islamic Culture Capital 2014 Celebrations and under the patronage of Wife of the Ruler of Sharjah, Her Highness SheikhaJawaherBint Mohammed Al Qasimi, Chairperson of the Supreme Council for Family Affairs.

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SHARJAH FEATURES

IPL Schedule in UAE
The UAE has been awarded the hosting rights of 20 matches in the Indian Premiere League’s to be held in Abu Dhabi, Dubai and Sharjah.

Sahara Centre launches 360 degrees virtual tour
The Sahara Centre is one of the leading shopping destinations in the UAE and is strategically located on the Dubai-Sharjah Highway. Since it opened its doors in February 2002 the mall has become a Sharjah landmark that is today bigger and better than ever before. Sahara Centre has recently launched a virtual tour on its new web site at www.saharacentre.com

UAE to launch several initiatives to boost Emiratisation in media
The UAE is planning to launch a major initiative to increase the level of Emiratisation in the media sector from the existing 25 per cent, although experts and senior government officials stressed on the importance of quality over quantity.

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