Local News

  Dubai / Emirates Business Aster DM Healthcare, the Dubai based healthcare conglomerate, reported a healthy 2016-17 fiscal year led by its continued expansion and acquisition strategy. Over the past year, the group has expanded its network across GCC as well as India. Aster DM Healthcare also announced the closure of US$295 million, comprehensive group-wide credit facility with Axis Bank. ...

  ABU DHABI / WAM The move towards quality healthcare as well as an increase in demand for preventive care and digital health will contribute to a massive 60 percent growth of the UAE’s healthcare sector in five years, according to a new study by MENA Research Partners (MRP), a leading research company in the region. The current AED64 billion ...

  ABU DHABI / WAM ZonesCorp, the largest developer and operator of purpose-built industrial zones in the UAE, unveiled a new development designed to support the growth of small and medium-sized enterprises, SMEs, in Abu Dhabi. The new zone being developed by ZonesCorp will feature 261 prefabricated, ready-to-use units covering an area of just over 300,000 square metres. Overall, 80 ...

  Dubai / WAM AED396 million worth of business deals were sealed at the 17th edition of the Dubai World Dermatology and Laser Conference and Exhibition, known as Dubai Derma, which concluded on Wednesday. Some 540 companies from 85 countries took part in the three-day event, which included participation from around 15,000 visitors, according to Dr. Abdul Salam Al Madani, Executive ...

  Dubai / WAM Middle East airports are making massive investments towards expansion projects to drive global aviation growth and attract global manufacturers and suppliers to explore business opportunities in the region’s aviation sector. In order to address a capacity gap, over $100 billion worth of airport projects is underway and planned across the Middle East, according to a recent report ...

  Abu Dhabi / Emirates Business Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has been included as a Participating Insurer (PI) by the Dubai Health Authority (DHA) to offer health insurance coverage under its Essential Benefits Plan. Speaking on ADNIC’s appointment as a PI for the DHA, Ahmad Idris, ...

  Abu Dhabi / WAM Abu Dhabi Police have managed, in less than 24 hours, to arrest four Asian hackers who had stolen more than AED1 million from unsuspecting consumers’ financial accounts by installing skimmer devices on ATMs across the country . Anti-cyber crime experts from Abu Dhabi Criminal Investigation Department (CID) unraveled the mystery behind the crime in which the ...

  Abu Dhabi / WAM HH Sheikh Hamed bin Zayed Al Nahyan, Chief of the Abu Dhabi Crown Prince’s Court, attended on Wednesday the closing of the ‘Zayed 2’ joint military exercise in the UAE’s territories, between the UAE Armed Forces and the Egyptian Armed Forces. The event was also attended by Lt. General Hamad Mohammed Thani Al Rumaithi, Chief of ...

  Abu Dhabi / WAM Abu Dhabi’s advanced composite aerostructures manufacturing facility Strata Manufacturing, on Wednesday unveiled plans for its second facility at Nibras Al Ain Aerospace Park. The Strata 2.0 facility will more than double Strata’s existing capacity and sets the company on a firm path towards Abu Dhabi’s long-term goal of achieving economic diversification and driving global competitiveness for ...

  Abu Dhabi / WAM Abu Dhabi Tourism and Culture Authority (TCA Abu Dhabi) announced that it is embarking on two separate trips to five cities across China in March and May to capitalise on the growing popularity of the emirate as a tourist destination from Asia. Inbound visitor arrivals from China have seen dramatic rises over the past few years, ...