News

  Dubai / Emirates Business HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), visited the Mohammed bin Rashid Solar Park (MBRSP), in Seih Al-Dahal, Dubai. The Park’s ongoing projects support the Dubai Clean Energy Strategy 2050, launched by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE ...

  Dubai / WAM The Dubai Health Authority (DHA) formed a Corporate Excellence Council to ensure provision of high quality health services and continuous innovation and development in the medical field in Dubai. The council is chaired by Humaid Al Qatami, Chairman of the Board and Director-General of the DHA. It will focus on a number of pertinent initiatives such as ...

  Dubai / Emirates Business wasl properties, the leading real estate management company, a subsidiary of wasl Asset Management Group, have announced that all of its Dubai customer service centres have become ‘Customer Happiness Centres’. The new initiative is in line with the vision of HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE ...

  London / Bloomberg The UK government gave the go-ahead for the world’s biggest offshore wind farm, a 6 billion-pound ($7.8 billion) project in the North Sea by Danish utility Dong Energy A/S. “Britain is a global leader in offshore wind, and we’re determined to be one of the leading destinations for investment in renewable energy, which means jobs and ...

  London / AFP Britain’s annual inflation rate edged higher last month, official data showed on Tuesday, and is set to climb further as a weak pound caused by the Brexit vote raises import prices. The 12-month Consumer Price Index rose by 0.6 percent in July, the Office for National Statistics said in a statement. CPI had risen by 0.5 ...

  Berlin / AFP German industrial gas supplier Linde and its US competitor Praxair “are discussing a merger of equals”, a source close to the matter said on Tuesday, confirming a Wall Street Journal report. A potential tie-up between the two companies would create a giant that would overtake French group Air Liquide as the world’s number one supplier of industrial ...

  Berlin / AFP Investor confidence in Germany rebounded slightly in August, as the shock over Britain’s vote to leave the European Union began to wear off, a leading survey showed on Tuesday. The investor confidence index calculated by the ZEW economic institute gained 7.3 points to stand in positive territory at 0.5 points in August, recovering from a massive ...

  Emirates Business Global leaders will meet in Dubai for the Africa Legal Network’s (ALN) 3rd Annual International Conference on October 5-6 at the Park Hyatt, Dubai, UAE. The invite-only event will bring together government representatives and business professionals to discuss the greatest opportunities for foreign investment in Africa. The conference comes as total non-oil trade between the two regions ...

  Emirates Business In the second quarter of 2016, Henkel generated organic sales growth — adjusted for foreign exchange and acquisitions/divestments — of 3.2 percent. Nominally, sales decreased by 0.9 percent to 4,654 million euros due to a negative foreign exchange impact of 5.3 percent. “Henkel delivered a strong business performance in the second quarter. We generated solid organic sales ...

  Dubai / Emirates Business Nissan is conducting a series of real- world experiments and trials to bring future mobility scenarios to life through several “Living Labs” underway at Nissan Future Lab. The “Living Lab” research provides user data to help Nissan anticipate and evolve to meet future transportation needs. The difference between traditional research methods and Nissan’s “Living Labs” ...