News

Dubai / WAM In a bid to provide Dubai residents with international specialised medical care, the Dubai Health Authority (DHA), is hosting visiting doctors who are currently practicing medicine in countries such as the Italy, US, and Germany. Abdulrahman Mohammad Al Owghani, Director of General Foreign Relations and Media Department at DHA, said that this is an ongoing programme and ...

dubai / emirates business National Bonds Corporation, the leading sharia-compliant savings and investment company in the UAE, announced the results of its financial health check for H1 2017 (from January until June). The National Bonds financial health check spans four main categories – monthly saving for married couples, retirement saving for people aged 41 to 55 years old, on time ...

Abu Dhabi / WAM Dr Amal Abdullah Al Qubaisi, Speaker of Federal National Council (FNC) has emphasised that the prestigious status of UAE as the biggest donor of developmental aid in the world reflects the vision of the founding father, the late Sheikh Zayed bin Sultan Al Nahyan, and represents the culmination of his efforts to establish the country’s commitment ...

Dubai / Emirates Business Jabal Omar Development Company (JODC), the region’s leading real estate development company, on Wednesday announced that Emaar Hospitality Group’s premium luxury hotel brand Address Hotels + Resorts has been selected to manage its flagship hospitality project in the Holy City of Makkah. This also marks the first expansion of Address Hotels + Resorts to the Kingdom ...

Dubai / WAM The Dubai Charity Association (DCA), announced a project to build a charity complex costing AED1 million, which will carry the name of the late founding father Sheikh Zayed bin Sultan Al Nahyan, in the Jayhoun area of Tajikistan, on the occasion of Zayed Humanitarian Work Day. The project will include the construction and launch of a mosque, ...

Dubai / WAM The Telecommunications Regulatory Authorities (TRA), marked Zayed Humanitarian Day by launching a series of charitable initiatives, reflecting the humanitarian values of the founding father, the late Sheikh Zayed bin Sultan Al Nahyan. The initiatives and activities include all segments of the society, reflecting the clear message that Sheikh Zayed’s legacy is universal and his charitable work always ...

Dubai / WAM Al Jalila Foundation on Wednesday announced that it has received a donation of AED3 million from Dubai Islamic Bank (DIB), to support its A’awen, patient support, programme. The Al Jalila Foundation programme provides support, treatment and medical care for patients in the UAE who are unable to afford quality treatment. Since its inception in 2013, Al Jalila ...

Bloomberg New oil supplies from OPEC’s rivals will be more than enough to meet growth in demand next year, the International Energy Agency said in its first forecast for 2018, an indication the cartel may need to extend production cuts further. The US, Brazil, Canada and other producers outside the Organization of Petroleum Exporting Countries will increase output next year ...

BEIJING­­­­ / Reuters China’s crude oil production fell to its lowest on record in May, even as refineries in the world’s top buyer of crude churned out product at their fastest pace in nearly two years, data showed on Wednesday. Crude output fell 3.7 percent in May from a year earlier to 16.26 million tonnes, or 3.83 million barrels per ...

Bloomberg Oil resumed its decline as industry data showed US crude stockpiles extended gains, exacerbating an inventory overhang. Futures lost as much as 1.4 percent in New York after rising 1.8 percent in the previous three sessions. The American Petroleum Institute signaled US inventories probably climbed a second week, ahead of Energy Information Administration data which is forecast to show ...