Local News

  Abu Dhabi / Emirates Business The outlook for the healthcare sector remains bright with experts forecasting investments to reach $133 billion by 2018, which will mostly be poured into building new healthcare facilities. “However, many challenges need to be addressed, notably the shortage of healthcare staff which is why we’ve organised this event to provide companies and healthcare professionals ...

  Dubai / Emirates Business The Telecommunications Regulatory Authority (TRA) revealed statistics for the second quarter of 2016 (April 1 to June 30) on the nation’s most popular mobile phone handsets, social networking platforms and applications websites. Investigating the current state of the market, the TRA’s report reveals the market share of mobile phones in the UAE by manufacturer and ...

  Dubai / Emirates Business Malabar Gold & Diamonds’ the leading jewellery retailer won Oman’s ‘Most Trusted Award’ in the jewellery category after a long process of voting by the public. The award was handed over by H E Yahya Al Jabri- Chairman, Capital Markets Authority, Chairman, Special Economic Zone Authority, Duqm to Abdul Salam KP- Group Executive Director, Malabar ...

Abu Dhabi / Emirates Business Masdar Institute of Science and Technology (MIST) and the US National Academy of Sciences (NAS) in partnership with Petroleum Institute (PI), Khalifa University of Science Technology and Research, and New York University Abu Dhabi, on Sunday jointly announced they will host the Fourth Arab-American Frontiers of Science, Engineering and Medicine Symposium in Abu Dhabi. The ...

  Abu Dhabi / Emirates Business According to Xpress Money, one of the world’s most dependable money transfer brands, the remittance industry is possibly one of the few industries that posts year on year growth, despite global market conditions. In 2008, when the world faced an economic meltdown, the remittance industry remained resilient and since 2010, the remittance industry has ...

  ABU DHABI / WAM The Executive Committee of Abu Dhabi Executive Council approved an AED104mn project to construct an road network in Al Ain city, at a meeting chaired by Saeed Eid Al Gafli. The project will include the construction of stormwater drainage and sewerage systems as well as drinking water pipelines and the provision of lighting and other ...

  Amman / EMIRATES BUSINESS Masdar, Abu Dhabi’s renewable energy company, completed a key step in the development of the largest solar power plant in the Hashemite Kingdom of Jordan. The Power Purchasing Agreement (PPA) for a 200-megawatt (MW) photovoltaic (PV) plant was signed on Saturday by Mohamed Al Ramahi, Chief Executive Officer of Masdar, and Abdul Fattah Daradkeh, Chief ...

  Dubai / EMIRATES BUSINESS Azizi Developments, a leading UAE-based real estate developer with global reach into international markets, has won ‘Developer of the Year’ award by the Construction Innovation Awards Middle East 2016 which took place on October 19, at the Westin Dubai Mina Seyahi Beach Resort & Marina and it was a glorious affair. The ceremony was presented ...

  DUBAI / EMIRATES BUSINESS The Mohammed Bin Rashid Fund (MBRF) in Dubai SME, the agency of the Department of Economic Development (DED) mandated to develop the small and medium enterprise (SME) sector, announced the launch of a receivable finance facility through ‘Invoice/LPO Finance’ to help entrepreneurs launch their business projects without worrying about operating expenses or funds required to ...

  Sharjah / Emirates Business The Sharjah Investment and Development Authority (Shurooq) wrapped up its recent participation at the 2nd UAE – India Economic Forum 2016 (UIEF), which took place on October 19-20 at Madinat Jumeirah’s Mina A’Salam. Shurooq’s participation at UIEF, headlining as a platinum sponsor for its 2nd edition, resulted with a richer economic outlook on investments between ...