Corporate World

UAE based Holborn Assets has announced the double appointment of a CEO and Vice President to lead its Hong Kong operation.

ENBD REIT (CEIC) Limited (“ENBD REIT”), the Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management Limited, has announced its Net Asset Value (“NAV”) for the period ended 30th June 2018. ENBD REIT’s NAV is USD 289 million (AED 1.1 billion), or USD 1.14 per share, following dividend and return of capital payments made in June 2018. This equates to a quarterly return of 0.29% due to net rental income being offset by slight valuation decreases. The total property portfolio value stands at USD 463 million (AED 1.7 billion), with diverse holdings covering 11 properties across the office, residential and alternative real estate sectors.

Ajman Media City Free Zone, a world class free zone hub for the creative, media and entertainment industry  announces a range of customer friendly cost effective packages for the potential business owners.

Emirates has been awarded IATA 753 compliance certification for its baggage operation in its home base of Dubai, United Arab Emirates. The certification underlines the carrier’s capabilities to diligently track bags that flow through its Dubai hub for departing, arriving and connecting customers.

Travellers looking for a quick escape this summer can take advantage of Emirates’ attractive fare offers to more than 30 global destinations within its network. The offer applies to bookings made today until 23 July 2018 and for travel until 31 May 2019.