Category Archives: Business & Investments

RAKBANK Concludes its AGM

RAKBANK Concludes its AGM

United Arab Emirates – 11 April 2021: RAKBANK successfully concluded its Annual General Meeting (AGM) today through electronic participation, where the shareholders approved the cash dividend of 15% of the Bank’s paid-up capital amounting to 15 fils per share, for the financial year ended 31 December 20. The dividend distribution will result in approximately 49.8% of Group’s net profit being paid out.  

Participating shareholders approved all agenda items including the Bank’s consolidated balance sheet and profit and loss statements for the financial year ended 31 December 2020.

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Devmark Group lands exclusive sales & marketing contract to launch Palm View project

Devmark Group lands exclusive sales & marketing contract to launch Palm View project

Dubai, United Arab Emirates, 11 April 2021: Devmark Group, experts in integrated real estate, has been exclusively appointed to create the marketing strategy and direct the sales for the 263 apartments in the 43-story, Palm View tower in Dubai.

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Panasonic announces FY21 strategy …..

Panasonic announces FY21 strategy at it’s first-ever virtual convention for Middle East & Africa region

The brand to focus on providing innovative solutions to tackle challenges in the New Normal with a focus on wellbeing and online sales

Dubai, United Arab Emirates

Panasonic Marketing Middle East & Africa (PMMAF) commenced the new business year by reaffirming commitment to the overall wellbeing of its consumers. The company announced its regional business strategy for FY2021 at the annual convention held virtually between March 22nd and 24th. The first-ever virtual convention for the Middle East & Africa region themed ‘A Better Life in Every Home’saw participation from 329 business associates, dealers & retailers from across the Middle East & Africa markets and 260 Panasonic staff members from MEA, India & Japan.

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Aafaq Islamic Finance anticipates the holy month of Ramadan with a range of products and activities

Aafaq Islamic Finance anticipates the holy month of Ramadan with a range of products and activities

United Arab Emirates – April 10, 2021: Adding to the many Ramadan blessings,Aafaq Islamic Finance has intensified its activities and programs bringing customers more unique products and a wide range of services that include exclusive discounts, easy payment plans on recreation vehicles and many more.

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NRTC Fresh is now the biggest importer of fruits and vegetables to the UAE

NRTC Fresh is now the biggest importer of fruits and vegetables to the UAE

The ministry of climate change and environment has officially named NRTC Fresh as the biggest importer of fresh fruits and vegetables to the UAE. His Excellency Sultan Alwan, Acting Undersecretary of the Ministry of Climate Change and Environment (MOCCAE), presented this award to Mr. Adnan Al Refaee, the Imports Manager of NRTC Group on Wednesday 7th April.

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