Mumbai Bazar reopens renovated showroom

The store is located on the first floor of the LuLu Hypermarkets in the Riyadh Avenue Mall in the Murabba district.
Updated 17 February 2018
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Mumbai Bazar reopens renovated showroom

The expanded and renovated showroom of Mumbai Bazar reopened recently at the Riyadh Avenue Mall. An exclusive Indian fashion boutique, Mumbai Bazar caters to the fashion-conscious women in Saudi Arabia.
Mumbai is the fashion capital of India, and is home to the largest brand ambassador of Indian fashion to the outside world — Bollywood. The clothes identify with the vibrant culture and avante garde trends of the city.
Located on the first floor of the LuLu Hypermarkets in the Riyadh Avenue Mall in the Murabba district, the showroom is easily accessible.
“We know that each woman is unique and the clothes that she wears should reflect her true personality. Our clothes reflect ethical Indian values of grace in a true fashion expression. We also aim to create style statements with our innovative designs and impeccable styles. Our ensemble, using traditional Indian craftsmanship, intricate embroidery and rich textures to meet the evolving needs of the Indian consumer, is a reflection of casual yet classy elegance,” a press release said.


ADIB becomes first bank to join UAEIIC

Updated 23 June 2018
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ADIB becomes first bank to join UAEIIC

Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has joined the UAE International Investors Council (UAEIIC), making it the first bank in the UAE to become a member in the council. This comes following an approval from the board of directors of the UAEIIC, headed by Sultan bin Saeed Al-Mansoori, UAE minister of economy.

Through this membership, ADIB will join government decision-makers, locally and internationally, with the support of the UAE’s minster of economy, to help remove obstacles, strengthen foreign investment relations and support sustainable economic development.

Khamis Buharoon, vice chairman and acting CEO at ADIB, said: “We are proud to be the first bank to join the UAE’s Investors Council. We are also committed to the development of Emirati investments, which are critical to economic diversification and the UAE’s global economic competitiveness. Important measures have already been taken to secure support and protection and to overcome any challenges faced by Emirati investors abroad, and we look forward to playing an instrumental role in building on these efforts.”

He added: “The establishment of the UAE International Investors Council forms part of broader efforts to advance economic diversification policies that complement the expansion and growth of the UAE’s private sector as well as create a favorable environment that supports national companies investing abroad. The council provides a vital link between investors interested in promising opportunities available in countries with close ties to the UAE and governmental and semi-governmental entities to streamline the investment process. It also serves as a pillar for ensuring the protection of UAE capital abroad through advice, guidance, and logistic support.”

Jamal Saif Al-Jarwan, secretary-general of the Emirates Council for overseas investors, said: “We have the honor to join Abu Dhabi Islamic Bank as an active member of the council, which contributes to enhancing the role of the council’s working environment to support the state’s economic development and to keep pace with developments in the economic, investment and banking sectors in general, since the measure of success depended not only on financial results but also on how it dealt with the needs changing markets, innovative and sophisticated solutions that keep pace with rapid global changes and shifts in those sectors.”

He added: “Emirati investment abroad plays a vital role in more than 70 countries in the world and has a great impact on the soft and reputed power of our young state in the world, which is a great achievement and a strong demonstration of the path of investment of the Emirati investors in the right direction.”