News

  Bengaluru / Emirates Business Dubai-based conglomerate, Aster DM Healthcare, formally launched its newly-upgraded Quaternary Care Super-specialty healthcare facility Aster CMI Hospital at Hebbal, Bengaluru. Dr Azad Moopen, Chairman & Managing Director of Aster DM Healthcare while addressing the gathered said, “The Aster CMI Hospital is testament to our mission in bringing world-class medical care to India. With an investment ...

    Abu Dhabi / WAM Eng. Mohammed Ahmed bin Abdul Aziz Al Shehhi, Under-Secretary of the Ministry of Economy for Economic Affairs, led the UAE delegation to the 98th session of the Arab Economic and Social Council at the ministerial level, held at the Arab League’s Secretariat-General in Cairo on Thursday. The UAE delegation included Juma Mubarak Al Junaibi, UAE ...

  Dubai / WAM Nakheel Properties announced that it is to build a new mall with 1.2 million square feet of shopping, dining and entertainment outlets at Nad Al Sheba. AE7 consultants will oversee the design, engineering and construction supervision of Nad Al Sheba Mall. A construction tender is expected to be released at the end of the year, according to ...

  ABU DHABI / WAM The Executive Committee of the Executive Council, presided by Saeed Eid Al Ghafli, Head of the Executive Office, adopted during its meeting Brand of Abu Dhabi Guide, prepared by the Office of Government Communication at the Abu Dhabi General Secretariat of the Executive Council. The Brand of Abu Dhabi Guide determines the regulations of the ...

  Dubai / Emirates Business Emaar Properties has placed Dubai center stage in the fast-growing global arts industry with the pre-opening of its premier cultural destination, the multi-format Dubai Opera in Downtown Dubai, which hosted a sold-out concert by legendary Spanish tenor Placido Domingo Wednesday night. Mohamed Alabbar, Chairman of Emaar Properties, said that Emaar has invested AED 1.2 billion ...

  Abu Dhabi / WAM The Federal Authority for Nuclear Regulation (FANR) reached a key stage in preparation for an International Atomic Energy Agency (IAEA) review of efforts to advise personnel on radiation protection in the UAE. The final review, formally called an Education and Training Appraisal in Radiation Protection and the Safety of Radiation Sources, EduTA, is scheduled for February ...

  Bloomberg UK pension deficits surged by 100 billion pounds ($131.4 billion) in August, as the gap between company set-asides and their obligations to retirees ballooned by more than 16 percent in a month. So-called defined benefit pensions, which pay retirees fixed amounts based on service, were underfunded by 710 billion pounds as of August 29, according to PricewaterhouseCoopers LLP’s ...

  AFP Apple chief Tim Cook on Thursday slammed a European Commission ruling demanding the US tech behemoth pay Ireland €13 billion in back-taxes as “political crap”, urging the Irish government to launch an appeal. “It’s total political crap,” Cook told the Irish Independent newspaper, of European Competition Commissioner Margrethe Vestager’s assertion that the company had paid a tax rate ...

  London / AFP Britain’s manufacturing activity hit a 10-month high in August, rebounding strongly from a slump triggered by the country’s vote in favour of exiting the European Union, data showed Thursday. A slump in the pound caused by longer-term Brexit fears lifted export orders last month, according to the closely watched IHS Markit UK Manufacturing purchasing managers’ index. ...

  Brussels / AFP The European Union on Thursday cleared a mobile phone tie-up between Hong Kong’s Hutchison and Russia’s VimpelCom in Italy after they agreed to sell some of the business to boost competition. Hutchison, owned by Hong Kong tycoon Li Ka-shing, and VimpelCom agreed last year to merge their 3 Italia and Wind networks but the European Commission ...