News

  Dubai / Emirates Business The Dubai Health Authority (DHA) announced that the Authority put in place an office for organizational transformation, a strategy council and appointed 15 leaders from the public and private sector to felicitate the execution of the Dubai Health Strategy 2016-2021. His Excellency Humaid Al Qatami, Chairman of the Board and Director-General of the Dubai Health ...

  Abu Dhabi / Emirates Business Digital 3D sculpture and animated art are set to captivate visitors at this year’s edition of Abu Dhabi International Book Fair (ADIBF), as local and international illustrators, calligraphers and manga artists combine their artistic flare in a showcase of remarkable imagination and creative design at the Illustrator’s Corner. ADIBF is organised by Abu Dhabi ...

    Sunaina Rana / Emirates Business Dubai Investments, the leading, diversified investments corporation listed on the Dubai Financial Market, announced that its subsidiary Emirates Building Systems (EBS) – part of Dubai Investments Industries (DII) has been endowed with a contract to provide steel structures for the second phase of the Riyadh Metro Project. Elaborating on the importance of the ...

  Dubai / Emirates Business Merck, the world’s oldest pharmaceutical and chemical company, announced the start of Merck Diabetes Award and Merck Hypertension Award across more than 30 African And Asian universities with the aim to build a platform of Diabetes and hypertension experts across the globe. In February 2015 Merck in partnership with Dubai Medical University invited all medical ...

  Dubai / Emirates Business Businesses in Dubai expect the market to hold steady through the second quarter of 2016 after the first quarter saw strong performance across the manufacturing, services, transport and construction sectors helping the emirate offset the impact of the slowdown felt across regional markets. The quarterly business survey conducted by the Department of Economic Development (DED) ...

  Dubai / Emirates Business Several Telecommunications Regulatory Authority’s (TRA) executives have made eight field visits to its customers’ centers since the launching of the ‘Hathreen’ initiative in October 2015. The initiative aims to promote direct communication with customers, establish proper ways to receive and welcome visitors, identify the best methods to deliver services to ensure quality and satisfaction, and ...

  Dubai / Emirates Business Volunteer Emirates, one of Dubai Cares’ most popular volunteering initiatives, has kicked off with the first edition of 2016 taking place at the National Charity School for Girls in Maysaloon, Sharjah. The first of four planned editions for the year saw125 volunteers from the UAE come together to help enrich the school’s learning environment by ...

  KUWAIT / Reuters State-owned refiner Kuwait National Petroleum Co (KNPC) has signed the first tranche of financing for its multi-billion-dollar Clean Fuels Project, a major plank of the country’s economic development plan. The tranche, provided by local banks and lasting for 10 years, is worth 1.2 billion dinars ($3.98 billion) and led by National Bank of Kuwait and Kuwait ...

  KHOBAR / Reuters The government-owned Public Investment Fund (PIF) replaced four of its representatives on the board of Ma’aden, the Gulf’s largest miner, in which it owns 49.99 percent. Saudi Arabia’s Mining Co (Ma’aden) said its board now includes the chairman of state oil giant Saudi Aramco, Khalid al-Falih and prominent Saudi businesswoman Lubna al-Olayan. Besides Falih and Olayan, ...

  DUBAI / Reuters Qatari telecom operator Ooredoo reported a 75 percent rise in first-quarter net profit driven by foreign exchange gains from Indonesia and Myanmar. The earnings of the former monopoly, which operates in about a dozen territories across the Middle East, Africa and Asia, have been volatile since mid-2013 when foreign exchange losses and plunging earnings from Iraq ...