News

  Bloomberg General Atlantic LLC, the US private equity firm that already invested more than 1 billion reais ($318 million) in Brazil this year, plans to keep buying stakes in companies that “are not cheap” even amid the country’s worst economic crisis in a century. General Atlantic is among the few international buyout funds daring to buy Brazilian firms amid ...

  Dubai / WAM The Board of Directors of Dubai Government-owned Emirates National Oil Company (ENOC) have announced a new growth strategy aimed at serving Dubai’s growing energy needs while simultaneously developing an integrated upstream and downstream energy value chain to drive future growth. As part of the five-year strategy 2016-2021, ENOC will focus its efforts and investments on fulfilling Dubai’s ...

  Dubai / WAM The Roads and Transport Authority (RTA), represented by Public Transport Agency, has recently signed an agreement with the British Council whereby prospective taxi drivers will undergo linguistic, psychological and behavioural tests as a pre-requisite for obtaining professional permits. The step comes as part of the RTA’s strategy in forging partnerships to serve its objectives at world-class standards. ...

  Abu Dhabi / WAM Emirates Red Crescent (ERC) launched its annual sacrificial animal campaign nationwide to raise funds for the project set to benefit over 298,600 beneficiaries, of whom 70,100 beneficiaries are in the UAE. The cost of the sacrificial animals is estimated at AED12 million this year. The project, which will see slaughter and distribution of 28,305 sacrificial animals ...

  Abu Dhabi / WAM The Abu Dhabi Education Council (ADEC) organised a one-day orientation session for newly hired teachers who will be joining Abu Dhabi, Al Ain and Western Region schools for the 2016/2017 academic school year. Dr Ali Al Nuaimi, ADEC’s Director-General, welcomed more than 600 Emirati, English Medium and Arabic Medium teachers, who will be teaching in different ...

  Sharjah / WAM The Sharjah Charity International (SCI) has begun the distribution of schoolbags to the enlisted students as part of its ‘Back to School’ Campaign. The foundation launches its annual campaign at the beginning of each new academic year. Abdullah Sultan bin Khadim, Executive Director and Board Member of SCI, said that about 7,000 schoolbags, which include all the ...

  Dubai / Emirates Business The UAE Research Program for Rain Enhancement Science (UAEREP) is nearing the completion of its next milestone phase with August 17 (midnight) serving as the cut-off deadline for receiving full proposals for the second cycle of the program. Aiming to advance rain enhancement science, technology and applications, the first-of-its-kind program encourages more investments in research, ...

  Dubai / Emirates Business Construction industry experts and government officials assembling in Dubai next month will tackle the threat of fires in the region, an issue highlighted by recent blazes in high-rise towers. The latest statistics, published this month by Guardian Wealth Management, a global financial planning company, claim that up to 80 percent of expatriate residents living in ...

  Sharjah / Emirates Business Sharjah Commerce and Tourism Development Authority carries on with its Summer Campaign programme in a bid to position the emirate as a year-long destination for families in the region and the world. GCC countries have proven a prime source market for the emirate’s tourism sector; the region topped the list of visitors to Sharjah as ...

  Dubai / Emirates Business To celebrate Independence Day of India on 15 August 2016, Legoland® Dubai, part of Dubai Parks and Resorts, has for the first time shared a sneak peek into one of its most highly anticipated attractions- MINILAND- with the unveiling of the stunning Taj Mahal LEGO® model. The impressive and realistic model is made from 280,741 ...