News

Bloomberg Healthcare investors may have to be a bit more selective than they’re used to in 2019. With US health stocks poised to wrap up their second straight year of outperforming the broader market, the focus on hunting for innovation and next year’s winners is even more in vogue after recent market volatility. Small- to mid-cap biotechnology darlings that saw ...

Bloomberg A majority of the UK cabinet considers Prime Minister Theresa May’s Brexit deal to be dead and three factions are discussing other options, including a second referendum, The Times reported. The rival groups plan to make opposing demands to May at a meeting next week, the newspaper said, without saying how it got the information. One group — Works ...

ABU DHABI / WAM Abu Dhabi National Exhibitions Company (Adnec) has signed a joint venture agreement with Sial Middle East, to work together to grow and develop the Sial Middle East event at the Abu Dhabi National Exhibition Centre through 2021. The strategic agreement enables Adnec to further promote Abu Dhabi as the region’s leading mice hub in international markets ...

Umm Al Quwain / Emirates Business Omar Sultan Al Olama, Minister of State for Artificial Intelligence (AI), stressed that data is the real wealth of future governments, and its main tools to develop the next generation of government services through the establishment of an effective system to exchange data at the level of federal and local entities in the UAE. ...

ABU DHABI / Emirates Business Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, on Saturday announced the completion of a five-day simulation training initiative for its upcoming project, the National Export Programme (NEP). Aiming to bolster efforts to shape a diversified and sustainable national economy, the programme will contribute to enhancing the ability of ...

Dubai / Emirates Business Engineering Contracting Company LLC (ECC) re-affirmed its position as one of the most established and diverse contracting companies in the region with significant progress achieved in the construction of Rawda and UNA, two residential communities launched by Nshama in Town Square Dubai. ECC commenced work on Rawda residences in February 2018 and is currently 43% complete, ...

Dubai / Emirates Business Union National Bank (UNB), won the Global Performance Excellence Award 2018 from Asia Pacific Quality Organisation. This award has been created to recognise organisations, teams, and individuals as role models for demonstrating a commendable performance of business excellence contributing to the success of their businesses’ activities. Mohammad Nasr Abdeen, UNB Group CEO, received the renowned award ...

AJMAN / WAM The Ajman Chamber of Commerce and Industry (ACCI), and the Department of Economic Development in Ajman organised the UAE-Japan Investment Forum in cooperation with the Japan External Trade Organisation (JETRO). The forum is aimed at opening new skylines of cooperation between the two parties, and to explore the important economic opportunities available, thus increasing the trade volume ...

Abu Dhabi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan, has declared 2019 as the ‘Year of Tolerance’, highlighting the UAE as a global capital for tolerance, via its various legislative and policy-oriented goals to enhance the role of the country in instilling the values of co-existence and peace in local, regional and international communities. His Highness ...

MARRAKECH / WAM The UAE has stressed the importance of partnership and integration of government and the role of the private sector, which is a strategic partner in labour, in the mobility and employment process in the countries of destination and thus contribute to achieving the objectives of the Global Agreement on Secure and orderly migration. This was stated during ...