Top officials at the award winning ceremony.
Commercial Bank of Dubai (CBD), has won the coveted “Best Cash Management Bank Award in the UAE for 2019”, from Global Banking and Finance Review, a leading online portal that covers banking, business and technology news and analysis.
Crown Prince of Dubai Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum presented the Varkey Foundation Global Teacher Prize 2019 to Kenyan science teacher Peter Tabichi, who won the prize for changing the lives of poor students in a remote village of Kenya.
Ahmed Amjad Ali, Pakistan Consul General in Dubai and Northern Emirates awarded two countrymen for their exemplary acts of honesty in a ceremony held in Pakistan Consulate in Dubai, in the presence of a large number of people.
The Sharjah Finance Department, SFD, recently established a framework worth Dhs4 billion to enhance liquidity for the banking system in the emirate. The move aims to provide additional financial assistance to all businesses impacted by the outbreak of COVID-19.
Dubai-based Emerging Markets Property Group (EMPG) and OLX Group, owners of homegrown technology firms Bayut and dubizzle, have announced the merger of their Mena and South Asia operations to form an Dhs3.6 billion ($1 billion) Dubai-based unicorn company.
Jubail Island Investment Company (JIIC), has awarded continuing infrastructure works contract worth more than Dhs200 million for Jubail Island to Gulf Contractors Company (GCC).