News

  Abu Dhabi / Emirates Business The Abu Dhabi National Oil Company (ADNOC) plans to capitalise on increased sulphur processing capabilities, by doubling production and targeting new markets in Africa, Asia, South America and Australia, according to Omar Suwaina Al Suwaidi, ADNOC’s Gas Management Director. During his keynote speech, today, at the inaugural Middle East Sulphur Conference, Al Suwaidi said ...

  Dubai / Emirates Business Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy (DSCE), and MD & CEO of DEWA, announced that the Solar Decathlon Middle East will be organised at the Mohammed bin Rashid Al Maktoum Solar Park. The announcement was made at a press conference at the World Government Summit in Dubai, where ...

  Dubai / Emirates Business Oman Insurance Company (OIC) and Bupa Global have launched on Monday a new range of tiered international private medical insurance (IPMI) plans, catered specifically to the needs of SMEs in Dubai. The new products are a result of extensive customer research, which revealed SMEs in the UAE want more flexible products with more cost-containment options ...

  Sharjah / Emirates Business Sharjah Department of Statistics and Community Development (DSCD) announced its participation in the National Career Exhibition 2017, which takes place from February 15-17 at Expo Centre Sharjah. During their participation at the forum, DSCD will accept CVs from candidates interested in employment with the department and use the opportunity to answer any questions they may ...

  Dubai/ Emirates Business As many as 68 private entities have joined the ‘Happiness Meter’ initiative developed by the Smart Dubai Government Establishment (SDG), which is a tool for measuring happiness in alignment with the Happiness Agenda. The agenda, which has been implemented under the supervision of the Smart Dubai Office (SDO), aims to explore and measure the sources of ...

  Bloomberg In 2014, billionaire Jack Ma, founder of online retail giant Alibaba Group Holding Ltd., declared his ambition to make China’s hospitals better, drugs cheaper and people healthier. Others in China’s tech universe were becoming equally bullish on health care, and that year alone, investment in the internet health sector surged about sevenfold to $1.4 billion. Since then, billionaire ...

  BEIJING / AP China’s auto sales shrank in January following a sales tax increase, an industry group reported on Monday. Sales in the world’s biggest auto market declined 1.1 percent from a year earlier to 2.2 million, compared to December’s 9.1 percent expansion, according to the China Association of Automobile Manufacturers. Total vehicle sales, including trucks and buses, rose ...

  Bloomberg India’s inflation grew at its slowest pace on record even as the central bank unexpectedly held interest rates in its monetary policy review last week. Consumer prices rose 3.17 percent in January from a year earlier, the Statistics Ministry said in a statement in New Delhi on Monday. That’s slower than the 3.24 percent median estimate in a ...

  Bloomberg Infosys Ltd.’s co-founder and former chairman Narayana Murthy is calling off his fight with the board, saying the company will deal with the questions about corporate governance that have been raised. Billionaire Murthy and several other founders had raised questions about the management of Asia’s second-largest IT services company, citing a spike in compensation for Chief Executive Officer ...

  Bloomberg The strength in exports that fueled a fourth straight quarter of economic growth in Japan underscores just how important it is for Prime Minister Shinzo Abe to ease trade tensions with the Trump administration. Net shipments abroad added 0.2 percentage point to gross domestic product in the three months through December, while consumption in Japan was flat as ...