Local News

AVIVO buys majority stake in Kalium group & Aesthetica Clinics

  Emirates Business AVIVO Group – a leading healthcare services provider in GCC with 32 healthcare facilities under its umbrella, announced today that it has successfully completed the purchase of majority stake in KALIUM Group, a well-established group in the field of medical aesthetics with a regional distribution company, clinics and educational institutes. The transaction was successfully completed during July ...

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DEWA launches Ideal Home initiative

  Dubai / Emirates Business Dubai Electricity and Water Authority (DEWA) has launched the Ideal Home initiative, in cooperation with Dubai Police, Dubai Municipality, Dubai Health Authority (DHA), the Community Development Authority in Dubai (CDA), Dubai Smart Government, Dubai Corporation for Ambulance Services, and the General Directorate of Civil Defence. This is one of the ways DEWA is enhancing government ...

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Tabreed’s net profit reaches AED 160.5mn in first half

  Abu Dhabi / Emirates Business National Central Cooling Company PJSC (DFM: Tabreed), the leading UAE-based district cooling utility infrastructure company, today released its 2016 first half consolidated financial results. The company continues to deliver a consistent performance driven by its core chilled water business and its strong regional presence. Waleed Al Mokarrab Al Muhairi, Tabreed’s Chairman, said: “As a ...

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Rasasi redefines luxury retail experience at City Centre Deira

  Dubai / Emirates Business Renowned Middle Eastern perfume brand Rasasi is set to introduce a new benchmark in consumer experience, by embarking on a thoroughly elegant redesign of its flagship store in City Centre Deira. To elevate the shopping experience of Rasasi customers, the innovative store introduces a sophisticated design to create an exceptional and imaginative translation of the ...

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Entrepreneurship in Mideast gains traction

  Dubai / Emirates Business YPO, the premier chief executive leadership organization in the world, hosted a live Twitter chat with global and regional experts discussing entrepreneurship and business trends in the Middle East. The one-hour event took place in collaboration with Wamda — a platform and community that aims to accelerate entrepreneurship in the region — in an effort ...

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Front cam picks up momentum in UAE

  Dubai / Emirates Business Front camera functionality is becoming just as important as having an effective rear-facing camera, and is rapidly climbing up the UAE smartphone shopper priority list, according to the country’s value-driven mobile brand, ‘Four’. In an era where selfies have become an integral part of the smartphone experience, a trend bolstered by the availability of photo-based ...

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Aramex marks double digit growth

  Dubai / Emirates Business Aramex (DFM: ARMX), a leading global provider of comprehensive logistics and transportation solutions, today announced its financial results for the second quarter of 2016. Aramex’s Net Profits increased by 36% to AED 125.7 million, up from AED 92.5 million in Q2 2015. Revenues were also up 17%, to AED 1,105 million compared to AED 946 ...

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Marka opens Italian street food concept restaurant

  Dubai / Emirates Business Marka PJSC (DFM: MARKA), the first public stock retail operator in the UAE, has announced the launch of the first Vicolo restaurant in the UAE. Pioneering an Italian street food concept, the restaurant, a home-grown concept conceived by the Marka Hospitality Team, will open in Dubai Design District (d3). The inception of Vicolo will pave ...

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Marriott Al Forsan Hotel to be unveiled in Abu Dhabi

  ABU DHABI / Emirates Business The 5 Star Marriott Al Forsan Hotel is slated to open in Abu Dhabi later this year. A management agreement was signed between, H.E. Saif Mohammed Al Hajeri, Chairman, Al Forsan Holding, and Mr. Alex Kyriakidis, President and Managing Director of Marriott International, Middle East and Africa in Abu Dhabi. The hotel is located adjacent ...

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Moral Education initiative launched

  ABU DHABI / WAM Under the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the Crown Prince’s Court has launched an education initiative to be included in school curricula and courses in the form of a subject entitled, “Moral Education”, in cooperation and ...

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