News

  Dubai / Emirates Business Dubai Creative Clusters Authority (DCCA), a government regulatory body mandated to foster the economic development of Dubai’s creative clusters and related knowledge industries, signed a partnership agreement with the UAE Ministry of Health and Prevention (MOHAP) to support the country’s efforts in developing the healthcare sector and providing an enabling environment for advancing the pharmaceuticals ...

  Abu Dhabi / Emirates Business Saeed Mubarak Al Rashdi, Acting Chief Executive Officer of ADNOC Distribution, on Tuesday launched the new ADNOC Xpress concept of petrol stations in the emirate of Abu Dhabi. Part of ADNOC Distribution’s expanding network, the new Xpress stations are set to service the most congested areas of Abu Dhabi city and its suburbs. The ...

  Dubai / Emirates Business Dubai Trade, the single window for cross-border trade and a DP World company, shortlisted nominees for its 9th E-Services Excellence Award (ESEA). Winners will be announced at the annual awards ceremony to be held next month under the patronage of HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai. ESEA recognises ...

  Sharjah / Emirates Business Knowledge without Borders (KwB), the Sharjah-based cultural initiative which provided more than 2 million free books to the Emirate’s residents with its ‘Home Library’ project, launched a photo-focussed social media competition where two winners are given an ipad every day until February 1. Called ‘My Home Library’, entrants should take the most creative photos of ...

  Abu Dhabi / Emirates Business Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi) is offering all UAE-based mixed media artists the opportunity to participate in a new exhibition, in March at the Al Qattara Arts Centre in Al Ain. The exhibition, entitled Collage, will showcase a selection of mixed media works, where essentially the artwork can be made ...

  Bloomberg SAP SE raised its targets for 2020 as customers bought its latest suite of applications at a faster pace, and Chief Executive Officer Bill McDermott — a fan of Donald Trump’s “The Art of the Deal,” — said he wouldn’t “lay off the accelerator” on acquisitions, engineering investment or a potential share buyback. The updated outlook, on top ...

  Bloomberg Economic momentum in France accelerated to the strongest in more than five years in January, data by IHS Markit show. A Purchasing Managers’ Index for manufacturing and services rose to 53.8 from 53.1 in December, the London-based company said in a statement on Tuesday. That’s above the 53.2 median estimate in a Bloomberg survey and the highest since ...

  Bloomberg De Beers had its biggest diamond sale in at least a year as the gem industry restocked after the key holiday period. The company, owned by Anglo American Plc, sold $720 million of diamonds in its first sale of the year, compared with $545 million at last year’s January offering, it said in a statement. The world’s biggest ...

  Bloomberg UK offshore wind power is on target to become the cheapest source of large-scale clean energy, surpassing the government-mandated price target four years early. The levelized cost of energy for offshore wind — a benchmark measuring affordability over the lifetime of generation assets — dropped below 100 pounds a megawatt-hour in 2016, according to a report by UK’s ...

Bloomberg Uber Technologies Inc. is asking a California judge to grant a stamp of approval on what it says is the first decision by an arbitrator denying a driver’s bid to be treated as an employee instead of an independent contractor. It could be the first of many such rulings after a federal appeals court’s decision last year that most ...