Local News

  Cairo / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Egyptian President Abdel Fattah Al Sisi on Wednesday discussed bilateral relations and a number of regional and international issues of common interest. The talks took place at the Al Ittihadiya Presidential Palace where Al-Sisi ...

  Abu Dhabi / Bloomberg Mediclinic International Plc, the combination of South Africa’s biggest private healthcare provider and Al Noor Hospitals Group Plc of Abu Dhabi, said it expects to continue growing in both markets despite tough competition and regulatory initiatives. “We expect an increase in demand for cost-effective quality hospital services and increasingly complex clinical services to continue leading ...

  Abu Dhabi / WAM More than 8.1 million people worldwide are now employed by the renewable energy industry – a five percent increase from last year – according to a report released today by the International Renewable Energy Agency (IRENA) at its 11th Council meeting. The report, Renewable Energy and Jobs – Annual Review 2016, also provides a global estimate ...

  Dubai / Emirates Business Dubai has been ranked among the top cities worldwide for retailing according to JLL’s Destination Retail report, which shows how 50 major global cities have risen to the top of the list for mainstream, premium and luxury retailers’ expansions. While the list is dominated by cities in Asia Pacific, those in the Middle East are ...

  Abu Dhabi / WAM The UAE is to participate in the activities of the 19th session of the Arab-German Business Forum, which opens on Thursday in Berlin. A UAE delegation, headed by Sultan bin Saeed Al Mansouri, Minister of Economy, will attend the two-day forum held at the Ritz-Carlton Hotel. The UAE will attend the forum as the main partner, ...

  ALKESH SHARMA / Emirates Business Weakening consumer sentiments and dwindling markets have started taking a toll on various trades in the Middle East region. The mobile phone industry is also experiencing much of the heat, with a recent survey report citing that shipments of phones have declined by over 10 percent during the first quarter of 2016, compared with ...

  RITIKA SHARMA / Emirates Business If you thought that it is just data and money that is at stake during cyber-attacks, think again. In UAE, cyber-crimes expose not only the vulnerability of the company’s security system, but also shake the customers’ confidence and trust. A UAE-centric survey recently reported that companies might lose substantial number of their customers after ...

  Sunaina Rana / Emirates Business As the mercury soars up, and the sun is all out in its glory, everyone is mapping out ways to beat the heat. According to Abu Dhabi Travel Pattern, 2009, the average time that a person spends travelling in his vehicle is approximately 50 minutes per day. Considering the same, Arabian Automobile Company has ...

  ABU DHABI / Emirates Business Etihad Airways, Etihad Airport Services, airberlin, Air Serbia, Air Seychelles and Alitalia have successfully raised a further US$500 million in a second platform financing transaction, following the success of last year’s award-winning bond which raised US$700 million. A roadshow was announced on Monday May 16 to a positive response from the international financial community, followed ...

  RITIKA SHARMA / Emirates Business Going beyond its regular ‘sun-sand-shopping’ image, UAE is making considerable strides towards eco-tourism and making it a vital part of the buoyant UAE hospitability sector along with the financial diversification. According to World Travel and Tourism Council forecasts, the UAE’s tourism sector is expected to experience annual real growth of about 6.5 percent till 2021, ...