News

  DUBAI / Emirates Business Malabar Gold & Diamonds, the prominent jewellery retailer unfolded the details of its much-awaited campaign to celebrate the onset of summers. This campaign will run at all Malabar Gold & Diamonds’ outlets located in the GCC until August 6. The campaign launching this season will give customers an exclusive chance to win up to 10 ...

ABU DHABI / WAM ADNOC Distribution opened the Umm Al Qaiwain Marine Service Station located at the fishing port in the emirate, in implementation of the initiatives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, put in place to promote better living conditions for residents and citizens of the UAE and accelerate progress to achieve sustainable development. The ...

  Cairo / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Egyptian President Abdel Fattah Al Sisi on Wednesday discussed bilateral relations and a number of regional and international issues of common interest. The talks took place at the Al Ittihadiya Presidential Palace where Al-Sisi ...

  Abu Dhabi / Bloomberg Mediclinic International Plc, the combination of South Africa’s biggest private healthcare provider and Al Noor Hospitals Group Plc of Abu Dhabi, said it expects to continue growing in both markets despite tough competition and regulatory initiatives. “We expect an increase in demand for cost-effective quality hospital services and increasingly complex clinical services to continue leading ...

  Abu Dhabi / WAM More than 8.1 million people worldwide are now employed by the renewable energy industry – a five percent increase from last year – according to a report released today by the International Renewable Energy Agency (IRENA) at its 11th Council meeting. The report, Renewable Energy and Jobs – Annual Review 2016, also provides a global estimate ...

  Dubai / Emirates Business Dubai has been ranked among the top cities worldwide for retailing according to JLL’s Destination Retail report, which shows how 50 major global cities have risen to the top of the list for mainstream, premium and luxury retailers’ expansions. While the list is dominated by cities in Asia Pacific, those in the Middle East are ...

  Abu Dhabi / WAM The UAE is to participate in the activities of the 19th session of the Arab-German Business Forum, which opens on Thursday in Berlin. A UAE delegation, headed by Sultan bin Saeed Al Mansouri, Minister of Economy, will attend the two-day forum held at the Ritz-Carlton Hotel. The UAE will attend the forum as the main partner, ...

  New Delhi / Bloomberg India’s finance minister has ratified a decision that Apple Inc. must meet local sourcing rules to open its own stores, according to people familiar with the matter, dealing what may be a fatal blow to the iPhone maker’s effort to open retail outlets in the country. Minister Arun Jaitley decided to support the decision by ...

  Tokyo / Bloomberg Mitsubishi Motors Corp. booked a 19.1 billion yen ($174 million) charge to reflect losses related to its fuel economy testing scandal, which reduced profit last fiscal year by 19 percent and prompted a shake-up in top management. The Japanese automaker said it earned 72.6 billion yen for the fiscal year ended in March, rather than the ...

  KUALA LUMPUR / AP Japanese automaker Toyota Motor Corp. said on Wednesday that it will build a second factory in Malaysia as part of expansion to meet rising local demand. The new 2 billion ringgit ($488 million) plant will be built by Toyota and its local partner, UMW Corp. Toyota said that the plant, to be built in the ...