Dubai / WAM Humaid Al Qutami, Director General of the Dubai Health Authority (DHA) has reaffirmed the authority’s keenness to fulfil its role in providing a safe and healthy environment before, during and after Expo 2020 Dubai. Al Qutami made the statement during his visit to the Expo 2020 Emergency Centre, operated by DHA, on Sunday. The DHA, an official ...
Read More »News
UAE Space Agency sees chance of palm tree cultivation on Mars
Ajman / WAM During the 6th Liwa Ajman Dates and Honey Festival 2019, the UAE Space Agency highlighted the possibility of cultivating palm trees on Mars. The agency’s plan is to send palm tree seeds to the International Space Agency, which will perform experiments and send the seeds to Mars for cultivation. The agency’s pavilion at the festival was visited ...
Read More »ADGM’s ‘FinTech global tour’ garners strong industry support
Abu Dhabi / Emirates Business Abu Dhabi Global Market (ADGM), the award-winning International Financial Centre in Abu Dhabi, is set to visit Shenzhen (China’s tech megacity) on August 5 and Beijing (China’s capital silicon valley) on August 7 as part of its FinTech global tour to recruit innovative FinTech start-ups to showcase their solutions at Measa’s (Middle East, Africa and ...
Read More »Arada partners with DIB on home financing solutions
ABU DHABI / WAM Arada, a Sharjah-based real estate developer, has announced a partnership with Dubai Islamic Bank (DIB) to streamline the home ownership process for buyers of Arada properties. The company confirmed that it has sold over 4,000 units in its two projects, Aljada and Nasma Residences, in the past two years. “So far, 2019 has resulted in our ...
Read More »Musanada’s e-platform to simplify tendering process
ABU DHABI / WAM Abu Dhabi General Services Company (Musanada), has launched a new electronic platform dedicated to prov-ide e-services to main contractors and construction builders. The platform, according to the Musanada, is aimed to facilitate and simplify the tendering process related to subcontractor engagements, enhance the principle of equal opportunities, achieve a better level of transparency and integrity in ...
Read More »WGES to back Dubai’s efforts to become global green economy capital
DUBAI / WAM The World Green Economy Summit (WGES 2019) is set to support Dubai’s efforts to become the global capital of green economy and sustainable development. The Summit, to be held in Dubai from October 20 to 21, will focus on three pillars: glo-bal international cooperation in a green economy, cooperation and international partnership to overcome global challenges, and ...
Read More »Emaar Properties sales soars 52% to AED9.4b in H1 2019
Dubai / Emirates Business Emaar Properties reported one of the highest half-year sales in Dubai at AED9.443 billion ($2.571 billion) during the first six months of 2019. This is 52 percent higher than the half-year 2018 sales of AED6.229 billion ($1.696 billion), underlining Emaar’s reputation as the first choice for investors and increasing its market share significantly in Dubai. Led ...
Read More »Adnoc Distribution profit hits AED1.17b
ABU DHABI / WAM Adnoc Distribution on Sunday reported that its first-half 2019 net profit increased by 4.3 percent, to AED1.173 billion, compared with the same period last year. Free cash flow (EBITDA minus capital expenditures) generation was up 21 percent year-on-year to AED1.345 billion in the first half of 2019. For the second quarter of 2019, EBITDA was AED750 ...
Read More »Philippines needs $486mn to get everyone on grid
Bloomberg The government needs to spend about 25 billion pesos ($486 million) to provide electricity to the 13 million Filipinos who live without it, the Philippine Star on Sunday cited a lawmaker as saying. Mikee Romero, the head of the Party-list Coalition in the House of Representatives, said that the government should boost the country’s electrification program to reach the ...
Read More »Biggest Indian carmaker’s sales decline most in seven years
Bloomberg Maruti Suzuki India Ltd. reported the biggest decline in sales in almost seven years as a slowdown in consumer spending, the largest driver of growth in the $2.7 trillion economy, became more pervasive. Total sales dropped about 34% from a year earlier to 109,264 units in July, according to a statement. Deliveries of its hatchback models fell 23%, even ...
Read More »