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Palestinian Ambassador to UNESCO Monir Anastas said the 'inscription is a message of hope to our people in Gaza, who are fleeing bombs with no shelter, no food or water'
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Mohammed bin Rashid Establishment signs deal
DUBAI - The Mohammed bin Rashid Establishment for Young Business Leaders signed a strategic co-operation agreement with the Business Entrepreneurs Forum (BEF). In accordance with their joint vision of encouraging economic growth, the agreement will support UAE nationals interested in running their own business.
The agreement was signed by Abdul Baset Al Janahi the CEO of the Mohammed bin Rashid Establishment, and by Abdul Munem bin Essa Al Sarkal the chief of Board of Directors of the Entrepreneurs Forum as well as officials from both parties. Al Janahi said : "The agreement signed with the Entrepreneurs Forum came as an initiative by both sides to assist small and medium size establishments."- Staff Report
Amlak Finance (Jordan) plans to raise capital
DUBAI - Amlak Finance (Jordan) PLC - previously Inwan Investment PLC - was officially established during the recently held Extraordinary General Meeting (EGM).
The company plans to increase capital by 8 million shares - from 55 million shares to 63 million shares, of which 5 million shares will be allotted to Amlak Jordan Limited, a wholly owned subsidiary of Amlak Finance PJSC, UAE and the remaining 3 million shares will be allotted to International Finance Corporate (IFC) of World Bank.- Staff Report
Gulf General Investment opens new firm in Sharjah
DUBAI - Gulf General Investment Company (GGICO) has opened a new company in Sharjah, Horizon Energy Co. L.L.C, for the trading of Bitumen and Manufacturing and sale of other value added Bitumen products.
The project will incorporate a 10,550 square meter plant in Khalid Port and have an installed storage capacity of 16,000 tonne.- Staff Report
Abu Dhabi Aviation profit up 26.76pc in first half
ABU DHABI - Abu Dhabi Aviation reported a net profit of Dh38.57 million during the first half of the year against Dh30.43 million, posting an improvement of 26.76 per cent.
Abu Dhabi Aviation operating profit grew Dh51.94 million, during the first half of 2008, up against Dh20.79 million, in the corresponding period, registering a growth of 150 per cent.
Earning per share grew to Dh0.095 in the first half up from 0.076 in the same of 2007. - Staff Report
Sun Hung Kai launches Alpha MENA Fund to tap growth
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Authority said the exercise will involve movement of military vehicles and urged residents to stay away from designated areas
'I am proud of you. This is going to be historic,' the former first lady told Harris in a live video call