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Dubai's quest to become the capital of the Islamic economy

Dubai, UAE, November 15, 2018:  With 1.8 billion Muslims in the world and an Islamic economy - which complies with Islamic laws – growing, John Defterios reports that Dubai is positioning itself as the global capital of the Islamic economy.   Dubai is already ranked number one in the world for halal food; halal travel; modest fashion; halal recreation; and shariah compliant pharmaceuticals and cosmetics but, now, it is looking to further diversify its economy.   The launch of global initiatives to create a certified halal accreditation system is one way in which it is doing so. This initiative has the potential to be ......

    Mikaela Shiffrin tells CNN: “For little girls out there growing up… you're enough.”

    Dubai, UAE, October 31, 2018:  Two-time Olympic champion Mikaela Shiffrin kicked off her bid for a third straight World Cup overall crown in Soelden, Austria, last weekend and will be chasing a fourth straight slalom world title at the World Championships in Are, Sweden, in February.   Alongside her summer preparation, Shiffrin earned a spot in Maxim magazine’s Hot 100, traditionally a feature which celebrates physical beauty with the strapline “World’s Sexiest Women”. However, instead of posing in a bikini or an evening gown, Shiffrin chose to wear a white ski jacket with her 2018 Olympic medals ......

      The vintage cars with a high-tech secret

      Dubai, UAE, September 23, 2018:   While most vintage car enthusiasts seek to return vehicles to their former glory, Jonathan Ward prizes and preserves the beauty in their decay, while hiding some high tech secrets under the hood. Ward is the founder of ICON, a California-based company that reimagines classic SUVs like Toyota FJs and Ford Broncos with modern tech and materials.  While that remains the bulk of the business, Ward has another, more unusual passion project: take vintage cars and, instead of restoring it to the way that it would have looked and driven when it was created, preserve the decay that has occurred ......

        “He was young and starting his rocket ship career. I don't imagine I fit into that well”

        Lisa Brennan-Jobs on the complicated relationship she shared with her father, Steve Jobs   Dubai, UAE, September 16, 2018:  On the latest episode of ‘Amanpour’, Christiane Amanpour talks to Lisa Brennan-Jobs, daughter of the late co-founder of Apple, Steve Jobs.   Brennan-Jobs spoke of the complicated relationship she shared with her father, who had denied paternity for several years. After watching from the sidelines as her story was told by authors and film directors, Brennan-Jobs has decided to share her own stories of one of tech’s greatest visionaries through her new memoir “Small ......

          Cheyenne Woods: Stepping out of Tiger's shadow

          CNN Sport spoke to Cheyenne Woods about diversity in golf, female athletes, and stepping out of the shadow of her famous uncle, Tiger Woods. Currently ranked No.245, Woods is now in her third year on the LPGA Tour and hoping to inspire other black women through representation.   Only eight African-American women have been members of the LPGA Tour in its 70 year history and none have won the women’s circuit, something Woods aims to change.   Key excerpts and quotes from the article:   Whilst playing at an event at Wilshire Country in Los Angeles, Woods was introduced to a family who came to watch her. ......

            World's first cyborg on artificial senses

            Dubai, UAE, September 12, 2018:  CNN Style’s guest editor, Chen Man, has commissioned a series of features on visual language and imagining the future. One article, on how technology is changing what it means to be human, features the world’s first legally recognised cyborg, Neil Harbisson. Harbisson writes of how having an antenna implanted in his skull has helped him perceive colours (he was diagnosed with complete colour-blindness as a child) and given him artistic freedom and curiosity. As the co-founder of the Cyborg Foundation, Harbisson aims to create senses and organs that aren’t traditionally human in order ......

              Nancy Pelosi on President Trump: "As long as he's here, I'm here"

              Dubai, UAE, September 11, 2018:  Speaking to CNN’s Christiane Amanpour, Minority Leader of the United States House of Representatives Nancy Pelosi discusses her role and why she has decided to remain in politics. During the interview for CNN’s new one-hour long Amanpour, Pelosi explains how a Trump Presidency has compelled her to remain in her position to maintain a female presence in policy changes and continue to fight for the protection of the Affordable Care Act. Full interview airs tonight on CNN International at 6p.m. BST and 7p.m. CET Please clearly credit CNN with any use of this material Key ......

                Ulissi Looking to Defend Canadian Title as Italian Leads UAE Team Emirates to North America

                Dubai, UAE, September 05, 2018:  UAE Team Emirates’ Diego Ulissi returns to the stage of his last one-day race win as the Italian gears up for the Grand Prix Cycliste de Quebec and the Grand Prix Cycliste de Montreal. Ulissi took home first place in the GP Montreal last year, his second one-day victory in UAE colours, and will be hoping for a repeat performance this time round.    Joining Ulissi will be former European Champion and 2018 Tour de France stage winner, Alexander Kristoff, alongside teammates Rui Costa, Alexandr Riabushenko, Manuele Mori, Marco Marcato and Jan Polanc. The team will be guided through the ......

                  Angelina Jolie: “No one dreams of being a refugee; they dream of living up to their potential”

                  Dubai, UAE, August 30, 2018:  Refugee families endure innumerable forms of mental and physical anguish, including the pain of being unable to provide their children with food when they are hungry or medicine when they are ill or injured. But I have also seen how much it weighs on refugee parents when they are unable to send their children to school, knowing that with each passing year, their life prospects are shrinking and their vulnerability is growing. In a new report, UNHCR, the UN Refugee Agency, warns that rising numbers of refugee children are not receiving an education. While the implications are grave, our response should ......

                    Aseel Al-Hamad tells CNN: Nothing is impossible

                    August 26, 2018:  To celebrate the lifting of Saudi Arabia’s ban on women driving, Aseel Al-Hamad, the first female board member of the Saudi Arabian Motor Federation, drove Renault Sport’s 2012 Formula One car around the 2018 French Grand Prix track and became the first Saudi woman to drive a Formula One car.   On this month’s episode of The Circuit, host Amanda Davies meets Al-Hamad to learn more about her hopes for a future full of possibilities for female drivers.   Key Quotes:   Aseel Al-Hamad on her unique opportunity to inspire women in Saudi Arabia: “I have a ......

                      Huawei's Statement on Australia's Minister Statement

                      Dubai, UAE, August 25, 2018:  The Australian acting minister for home affairs and the minister of communications issued a press release (article attached) on august 23 which says : " The government considers that the involvement of vendors who are likely to be subject to extrajudicial directions from a foreign government that conflict with Australian law may risk failure by the carrier to adequately protect a 5g network from unauthorized access or interference" Australia and other media immediately reported on this matter and interpreted that Huawei was banned from participating from 5g project Huawei’s ......

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Ministry of Tolerance takes initiatives to promote and spread tolerance, coexistence, and happiness ...…

Dubai, UAE, November 15, 2018:  UAE Minister of Tolerance and Chairman of the Higher Committee of the International Institute for Tolerance, His Excellency Sheikh Nahayan Mabarak Al Nahyan, has announced two major initiatives as a commitment to the promotion of tolerance. The announcement was made during the opening day of World Tolerance Summit which is being held in Dubai. In his speech, HE Sheikh Nahayan Mabarak Al Nahyan said that the Ministry of Tolerance is committed to focus on prospering from pluralism and embracing diversity through innovation and collaboration. He said further that the initiatives will be in cooperation with the International Institute for Tolerance (IIT). “The first initiative is the launch of the National Research Project on Tolerance. ......read more

Emirates Group announces half-year performance for 2018-19…

Group: Revenue up 10% to AED 54.4 billion (US$ 14.8 billion), and profit of AED 1.1 billion (US$ 296 million), down 53%. Results impacted by significant increase in fuel cost, unfavourable currency movements, and one-time transaction in dnata. Emirates: Revenue up 10% to AED 48.9 billion (US$ 13.3 billion), and profit decline of 86% to AED 226 million (US$ 62 million). 30.1 million passengers carried, up 3%, on overall capacity expansion of 3%. Dubai’s attraction as a destination remains strong with the airline carrying 9% more customers to its hub city. dnata: Revenue up 11% to AED 7.0 billion (US$ 1.9 billion), profit up 31% to AED 861 million (US$ 235 million) includes gain of AED 320 million from one-time transaction. Without this transaction, the profit recorded would be ......read more

IVI Middle East Fertility to host the region's largest, most prestigious conference for Assisted ...…

The conference will bring international experts to the region who will give insights on breakthroughs in fertility treatments  Abu Dhabi, United Arab Emirates, November 15, 2018: The incidence of infertility is on the rise in the UAE. Research indicates that the causes can be attributed to both female and male conditions. Hence, there is a growing demand for infertility treatments. With the entry of IVI Middle East Fertility Clinic, couples have access to advanced, global quality IVF treatments, right here in the region.  As a leading provider of IVF services, IVI Middle East works continuously towards gaining a better understanding of the challenges couples face in starting a family. Though, some of these infertility problems might be similar to what has been seen in ......read more

Souq.com's Biggest Ever White Friday Sale…

More than two million deals on products from leading brands  Souq empowers over 14,000 sellers and local brand across the region to succeed this White Friday Local and global brands go on sale from 20 to 24 November with up to 70%  More deals than last year across all categories, from electronics to furniture, fashion, toys and more 15 November 2018:   SOUQ.com brought White Friday to UAE in 2014 and is today announcing the return of its biggest online shopping event, with more deals than ever. From the 20th to the 24th November, customers across the GCC and Egypt can choose from more than two million deals and offers, with discounts of up to 70% available.    This year’s White Friday will be the biggest event ever, offering more ......read more

Dragon Mart gears up for a spectacular three-day Oman National Day celebration…

Live traditional dance and music from 16 November       Dubai, 15 November 2018:  Dragon Mart will celebrate the 48th National Day of the Sultanate of Oman with a vibrant line-up of entertainment to commemorate the rich history and cultural heritage of the nation, from 16 to 18 November.   Honouring the close bonds between UAE and Oman, the roaming parade will feature traditional Omani music and folk dance routines - Al Razha, Al Dan and Um Dema - performed daily by artists from 5pm to 9pm at Dragon Mart 2.  Al Razha dance is performed by two rows of men standing across each other and battling with their swords while reciting poetry. Al Dan involves two rows of dancers interspersed with solo routines, while Um Dema is a celebratory dance ......read more

Ideal Standard to showcase world-class innovations at 2018 Downtown Design exhibition in Dubai…

Dubai, UAE, November 15, 2018:  Ideal Standard, one of the leading providers of innovative bathroom solutions operating across Europe, Middle East and Africa is showcasing its latest innovations and designs at the Downtown Design 2018 – Middle East’s trade fair dedicated to original, high-quality design. The fair is returning for a stellar sixth edition and it is organized in the Dubai Design District from November 13th -16th, 2018.  Ideal Standard stand is representative of the brand identity and is divided into four distinct areas. Three areas are dedicated to product display, while the fourth adds to the interactive feel at the exhibition by accommodating a virtual reality experience. Using a VR kit, visitors have the opportunity to experience a fully equipped ......read more

ENBD REIT secures USD 75 million funding to drive portfolio diversification…

The Shari’a compliant financing facility has been agreed with Standard Chartered Bank and delivers a reduction in profit costs Financing will facilitate further portfolio diversification through acquisitions Dubai, United Arab Emirates, 15th November 2018:   ENBD REIT (CEIC) Limited (“ENBD REIT”), the Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management Limited, has confirmed a USD 75 million (AED 275 million) Murabaha finance facility with Standard Chartered Bank for a term of three years with an accordion option to upsize the facility to USD 100 million. The new facility will support the REIT’s focus on portfolio diversification through further acquisitions, to maximise income returns and mitigate ......read more

Oh So Heavenly! Bath Sets from Glambeaute.com that make a great gift this festive season…

Dubai, UAE, November 15, 2018:  Thinking about festive shopping for family and friends and gifts that are easy and memorable without having to make those long and numerous trips to a mall? Then think Glambeaute.com, because it’s a one-stop online shop for every beauty and wellness need in the UAE, and you can put your festive shopping woes to rest here.  South African brand ‘Oh So Heavenly’ has released a variety of festive bath and body sets for you to choose for you loved ones. The sets include products for cleansing, scrubbing and moisturising which makes for a wholesome body care pack and also leaves you smelling like a dream.  Oh So Heavenly Tropical Escape Complete Care Pack (AED 29) This fresh and berry smelling set is perfect for your ......read more

Pure Health celebrates a successful year of partnership with the UAE health ministry…

DUBAI – November 15, 2018:   Pure Health, the leading healthcare technology solutions provider in the UAE, celebrated a successful year of partnership with the UAE Ministry of Health and Prevention (MOHAP) in providing leadership and innovations in the laboratory diagnostics sector.  In 2017, Pure Health took over operations of medical diagnostic laboratories under the Ministry of Health and Prevention, starting with 11 and expanding to over 82 laboratory facilities across all the United Arab Emirates. The laboratories were renovated and updated with state-of-the-art equipment and machines, and also staffed with high calibre laboratory expertise. This move initiated an advanced level of improvement in the efficiency of the laboratories. Pure Health provided the ......read more

XTouch New XBone Bone Conduction Headphone Brings Safe and Convenient Experience…

Adds a stream of new lifestyle products including XSlate and XBook   Dubai, United Arab Emirates, November 15, 2018:   XTOUCH, the leading Dubai headquartered consumer electronics brand today announced the launch of XBone Bluetooth bone conduction headphones. Performing the role of the ear drums, XBone decodes soundwaves in high fidelity and stereo quality sound through cheekbones. The added benefit of being placed outside of the ears keeps you safe from bacterial infections and protects the ear drums from long term exposure to loud noise. Featherweight yet durable, the memory wire design provides a snug fit and with IP65, it is sweat and water resistant.    Priced at only AED 299, it is specially designed for sports enthusiasts, gamers and music ......read more

Al-Futtaim Honda launches ‘The Great Escape' promotion…

Dubai, November 15, 2018:   Al-Futtaim Honda, the exclusive distributor of Honda cars, bikes, marine engines and power products in the UAE, has launched “The Great Escape” promotion across all its showrooms in the UAE, offering customers the perfect opportunity to buy a Honda vehicle before the end of the year.   The Great Escape promotion from Al-Futtaim Honda allows customers to buy their dream Honda vehicle, with a five-year instalment plan with zero percent interest. The offer is available across the entire Honda Sedan, SUV and MPV range, making it the best time to buy a Honda. The Al-Futtaim company is also offering 5 years unlimited mileage warranty, up to 100% finance and roadside assistance on all new cars and up to 5-year or 100,000 kms ......read more

Kors Dubai: Michael Kors Celebrates A New Middle East Flagship Store and Special-edition Handbag…

Dubai, UAE, November 15, 2018:  What: An event to celebrate the opening of the new Michael Kors Middle East flagship store at The Dubai Mall and the launch of a special-edition Whitney handbag created especially for the Middle East.   The exclusive event, held at Soho Beach Dubai, enveloped guests in an atmosphere that was equal parts New York edge and Dubai cool. French DJ Sebastien Perrin and Dubai-based DJ Tala Samman kept the international crowd entertained.   The Michael Kors special-edition Whitney bag is available, starting today, in all Michael Kors stores across the Middle East.   Who: Salma Abu Deif Jessica Kahawaty Carla Di Bello Lana Albeik Leena Ghouti Ola Farahat Alaa Balkhy  Ahmad Daabas Nadya ......read more

The Fourth Edition Of Dubai Design Week Is Now Open!…

Held under the patronage of Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Vice- Chairman of Dubai Culture & Arts Authority, Dubai Design Week has returned for its fourth edition, from 12- 17 November, 2018. Dubai Design Week 2018 holds its most extensive programme to date with 250 events and over 120 participating organizations. Downtown Design has grown to feature over 175 brands - including 40 regional designers. New to Downtown Design this year is Downtown Editions; a curated section within the fair, dedicated to bespoke and limited-edition design. Global Grad Show will exhibit 150 projects – chosen from over 1000 submissions (double that of last year) and is for the first time held in partnership with Investment Corporation of Dubai. Within ......read more

Aston Martin Lagonda celebrates opening of flagship dealership in Abu Dhabi…

Luxury carmaker expands dealer network in the Middle East Aston Martin Abu Dhabi opens in prestigious location close to Emirates Palace 15 November 2018, Abu Dhabi:   Luxury British carmaker, Aston Martin Lagonda celebrated the opening of a new flagship dealership in Abu Dhabi last night in the presence of His Highness Sheikh Zayed bin Sultan bin Khalifa Al Nahyan. At an exclusive evening reception, guests mingled with senior personnel from Aston Martin, including Dan Balmer, President, Aston Martin Lagonda Middle East, North Africa & Turkey and David King, Vice President and Chief Special Operations Officer.    Aston Martin Abu Dhabi is situated in a prime location in the prestigious Etihad Towers, overlooking the beautiful Emirates Palace. The ......read more

Takaful Emarat (‘the Company') reports financial results for the 9-month period ended September 30, ...…

The Company reports net profit of AED 9.1 million for the 9 months ended September 30, 2018, an increase of AED 7.6 million compared to the same period in 2017 The Company maintains its focus on Digitization and Artificial Intelligence development  Dubai, UAE 14th November 2018,   Takaful Emarat (“the Company”), the DFM-listed, Shariah-compliant life, health and general takaful provider and the largest takaful insurer in the UAE, today announced its financial results for the period ended September 30, 2018.    Key Financial Highlights  Net profit for the 9-month period ended September 30, 2018 is AED 9.1 million, an increase of AED 7.6 million year on year  Net profit for the 3-month period ended September 30, 2018 ......read more

Deloitte and ISRA: The necessity for global common practices for Sukuk…

Dubai, UAE, November 14, 2018:  For nearly two decades, financial regulators and investment institutions around the world have been committed to strengthening practices in Islamic capital markets, and leverage standards for Sukuk as a key investment asset class. There has also been strong commitment from industry standards setters and other business supporting institutions (BSIs) to address practice differences and inconsistency. Deloitte’s Islamic Finance Knowledge Center in the Middle East, in collaboration with the International Shariah Research Academy (ISRA), has just launched a new whitepaper, “Sukuk in focus: the necessity for global common practices”, inviting industry experts to share their perspectives on processes and principles of sustainable ......read more

Audi Innovation Award Winner Announced at Dubai Design Week…

The third winner of the Audi Innovation Award is Elias El Soueidi from Lebanon with his project ‘Ruin to Reality’  His prize is $25,000 worth of consultancy together with a trophy and a trip to the Audi Headquarters in Ingolstadt to meet the team in Audi Design.  Second and third places were awarded to Dubai based designers Abdhul Hazeeb with ‘Connect to Thrive’ and Andrea Sensoli with ‘CyRCLE’.  Dubai, November 14, 2018 –   At Dubai Design Week, Audi Middle East announced the third winner of the Audi Innovation Award. Elias El Soueidi from Lebanon, with his project ‘ R2R’, took home the winning trophy and prize of $25,000 worth of consultancy to develop his idea, together with a trip to the Audi ......read more

Smart technology and research to tackle diabetes.…

Dubai, United Arab Emirates, November 14, 2018:   On World Diabetes Day, which takes place on November 14 every year, the Dubai Health Authority (DHA) discussed to use of incorporating technology to provide holistic care to those with the disease. DHA is working with several international firms at the Dubai Future Accelerator’s initiative to evaluate and incorporate new technology to treat and manage the disease.   Senior DHA officials including Dr Younis Kazim, CEO of Dubai Healthcare Corporation (DHC) and Dr Ahmad Bin Kalban, CEO of the Specialised Healthcare Services Sector, met with the companies at DFA, to discuss the use of latest technology in diabetes management. Dr Mohammed Redha, Director of Project Management Office, Informatics and Smart ......read more

World Tolerance Summit 2018 formally opens with resounding success…

Dubai, UAE, November 14, 2018:  World Tolerance Summit 2018 formally opened today with an impressive turnout of local and international delegations at Armani Hotel in Dubai. The summit was formally opened by His Excellency Sheikh Nahayan Mabarak Al Nahyan, UAE Minister of Tolerance and the Chairman of the Higher Committee of the International Institute for Tolerance. The two-day summit is an initiative of IIT, which is a part of the Mohammed bin Rashid Al Maktoum Global Initiatives. Several government officials were also in attendance in support of UAE’s first-ever summit on tolerance which is in conjunction with UNESCO’s International Day of Tolerance.  His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister, and Ruler of Dubai, ......read more

Huawei wins the First Place Prize of the King Khalid Responsible Competitiveness Award…

14th November, 2018:   Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices, won the first place prize of the prestigious King Khalid Responsible Competitiveness Award. This announcement was made during the illustrious annual Award Gala which took place Monday 12th of November at Al Faisaliah Hotel in Riyadh.  Huawei was honored for its excellent sustainability practices and responsible competitiveness leadership, as well as its exceptional management capabilities and innovative social and environmental initiatives.  Launched in 2008, the King Khalid Responsible Competitiveness Award is the first and only award focused on responsible competitiveness and corporate responsibility in the Kingdom, and ......read more

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