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The two companies also announced the successful completion of Dh100 million bond conversion and investment transaction with - Green Crescent Insurance Company (GCIC).
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The seven-year credit facility, signed with Qatar National Bank (QNB) and its UAE subsidiary Commercial Bank International (CBI), will ensure timely completion of infrastructure development across the Meydan territory.
Regardless of a deluge of media reports about their embattled chairman, some 60 employees working in UB Emirates main office in Dubai and branches in Abu Dhabi and Ajman continued with their routine work on Thursday without showing any sign of concern.
Safehotels certification independently verifies the safety and security best practice in hotel and meeting venues with regards to the hotel facilities and safety services process and procedure, training management, security equipment, fire equipment, fire procedures and training risk prevention and crisis recovery management.
According to a statement on the fourth quarter earnings, the Board accepted his resignation and appointed Hatem Dowidar as the acting CEO.
EFG Hermes sees diversification in the Mena region as main driver for the market.
UAE's private sector targets happiness as a key driver for sustainability.
Promotions included giveaways sponsored by the region's most eminent brands such as: Emax Electronics, Souq.com, Zomato, Careem and Icflix.
The kick off meeting started with the opening remarks delivered by the director general of IP Innovation Department of Jetro headquarters, Toshihiro Mitsuhasi.
Over 300 of the region's most successful CEOs gathered together as the winners were announced.
