News

  Toronto / WAM Emirati inventor Ahmed Abdullah Majan has won three gold medals and two silver medals in the International Invention Innovation Competition in Canada (iCAN 2016). Organisers Toronto International Society of Innovation & Advanced Skills (TISIAS) also awarded the Emirati inventor cup for the best inventor from the Middle East and the shield of excellence for the best invention. ...

  Abu Dhabi / Emirates Business Dubai announced that 20 per cent of direct and indirect spending on the Expo 2020 event will be allocated to small and medium enterprises. Under the plans, contracts worth more than AED5 billion will be allocated to local and international SMEs in the coming years, EXPO 2020 said in a press release. The landmark ...

  Dubai / WAM The Dubai Entrepreneurship Academy, DEA, the educational arm of Dubai SME, has seen a 57 percent increase in the enrolment of trainees in its various programmes during the first half, H1, of 2016, compared to the same period last year. As many as 1,100 trainees were enrolled in 44 programmes being offered by the academy during the ...

  Dubai / WAM Over 30 regional business leaders known for their visionary thinking, extraordinary success, leadership and commitment will come together for the inaugural edition of the National Treasure initiative by Knowledge Expansion, in partnership with Tejar Dubai, under the patronage of Dubai Chambers of Commerce and Industry on September, 27-28 in Dubai. Essa Al Zaabi, Senior Vice-President, Institutional Support ...

  Abu Dhabi / WAM The Abu Dhabi Investment Authority (ADIA) said on Monday that it has appointed Garry Beaton as Global Head of Operations in its Operations Department, effective immediately. In this newly created role, Beaton will be responsible, together with members of the senior management team, for guiding the department’s strategy and overseeing its key activities in the areas ...

  Abu Dhabi/ WAM Abu Dhabi-based Masdar Institute of Science and Technology, an independent, research-driven graduate-level university focussed on advanced energy and sustainable technologies, has organised an orientation programme for 172 new local and international students for the fall 2016 semester. The three-day programme, held from August 22-24, provided the new students an opportunity to learn about the institute’s academic and ...

  Abu Dhabi / WAM Etihad Airways has launched its annual global sales campaign, targeting business and economy guests, with fares available on a wide range of destinations served around the world and fares available for travel until June 2017. The sale will offer up to 50% off fares to forty-five of the world’s most popular destinations from across Europe, Asia, ...

  Bloomberg The European Commission on Monday insisted talks on a huge US free trade deal were on track, rejecting German claims that irreconcilable differences had left the deal dead in the water. “The ball is rolling right now. The Commission is making steady progress,” Commission spokesman Margaritis Schinas said when asked about comments by German vice chancellor and economy ...

  Bloomberg Mylan NV, the drugmaker under fire for pricing its EpiPen emergency allergy shots at $600, said it will introduce a generic version in coming weeks that will halve the price. The generic EpiPen will be identical to the branded product, including device functionality and drug formulation, and cost $300 per two-pack carton, Mylan said in a statement on ...

  Bloomberg Italian manufacturing confidence in August fell to the lowest since early last year, as Prime Minister Matteo Renzi struggles with a stagnant economy compounded by the massive destruction from last week’s deadly earthquake. Consumer confidence also fell. The business manufacturing gauge dropped to 101.1 in August, the lowest since Feb. 2015, from 102.9 the previous month. The median ...