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Emaar Malls records Dhs704m profit despite virus pandemic

Emaar Malls records Dhs704m profit despite virus pandemic 28 Apr 2021 Inayat-ur-Rahman, Deputy Business Editor Emaar Malls held its Annual General Meeting (AGM) and its Board of Directors reflected on the company’s achievements despite the challenging market conditions affected by the Covid-19 pandemic on the global economy and the retail industry.  The Board of Directors highlighted Emaar Malls efforts to support Dubai Government’s fight against Covid-19 with the implementation of Vaccination Hub at The Dubai Mall. They also highlighted Emaar Malls’ support to their retail tenants’ financial wellbeing and efforts to protect the SME’s by providing more than Dhs 1 billion (US$ 272 million) in rental relief during 2020. The support was further extended until 31 March 2021.

Al Futtaim Toyota Material Handling, DHL sign long-term deal

Al Futtaim Toyota Material Handling, DHL sign long-term deal DUBAI, 1 hours, 55 minutes ago Al-Futtaim Toyota Material Handling has announced that it has signed a long-term supply and maintenance contract for 32 Toyota electric forklifts to be delivered to first-time customer DHL, the global leader in the logistics industry.   DHL has already received 26 light-duty electric forklifts and the remaining units will be delivered before the end of this year.   The forklifts ranging from 2-tonnes to 3-tonnes are deployed across DHL’s warehouses located in the UAE. They are equipped with Toyota’s patented System of Active Stability (SAS).   SAS works by continually monitoring the forklift’s operations and automatically taking protective action when needed. The system takes over 3,000 readings per second to detect unsafe operating conditions and if a safety hazard is detected, the SAS activates one of its two main features – Active Control Rear Stabiliser System a

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