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Dubai / WAM HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Silicon Oasis Authority, on Saturday announced that total investments in Dubai Silicon Oasis amounted to AED3.6 billion in 2015. Projects carried out by the DSOA accounted for half of all investments, while foreign investments at the hi-tech park contributed to the remaining half. Sheikh Ahmed bin Saeed, ...

DUBAI / WAM Dubai Electricity and Water Authority (DEWA) plans to build 64 132/11 kilovolt (kV) substations over the next three years, which will cost AED 6.7 billion, in cooperation with various developers in the Emirate. These new substations will be linked to existing electricity networks to enhance their capacity, efficiency, and reliability. DEWA is committed to improving Dubai’s electricity ...

Abu Dhabi / Emirates Business As a leading integrated electronic payment solutions provider and a leading payroll card service provider based in the UAE, Mint is proud to announce the issuance of its first EMV Chip based UnionPay Salary Cards in the GCC. UnionPay International, a global provider of high quality, cost effective and secure cross-border payment services to the ...

Abu Dhabi / Emirates Business Under the patronage of His Excellency Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Culture and Knowledge Development, the 11th International Conference of Al Noor Hospital successfully concluded in Abu Dhabi. The two-day conference welcomed a large number of participants, all of whom were given the opportunity to exchange knowledge and expertise in the field ...

DUBAI / WAM GEMS Education has announced its support to the Dubai Awqaf and Endowment vision announced by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, through the Mohammed bin Rashid Global Centre for Endowment Consultancy, to meet the Arab world’s social needs. Accordingly, GEMS Education will set ...

WAM While oil-exporting countries face significant challenges as result of global economic turbulences and falling oil prices, the UAE continues to achieve new levels of economic growth. This comes as a direct result of the UAE wise leadership’s forward-looking vision and its precise predictions of the region’s developments-which contribute in facing growing global economic challenges, through developing and putting in ...

Sunaina Rana / Emirates Business UAE’s first public joint stock retail operator Marka has announced its plans for international expansion. The retail company is gearing up to step into the Qatar market with the launch of Morelli’s Gelato ice cream, fashion brands City Chic and Weill, and jewelry house dinh van at Mall of Qatar by the third quarter of ...

Emirates Business The UAE-based member of Sheikh Khalifa Fund for Enterprise Development, Geoscience Testing Laboratory (GTL), was bestowed with two international awards — ‘Excellence in the Analysis of Water Quality and Compliance’ and ‘CEO of the Year’, at the World Water Leadership Congress Awards 2016 held recently in Mumbai, India. The World Water Leadership Congress & Awards recognises both individuals ...

New Delhi / Bloomberg Essar Steel India Ltd., grappling with about 440 billion rupees ($6.6 billion) in debt amid an industry downturn, has drawn takeover interest from domestic rivals Tata Steel Ltd. and JSW Steel Ltd., people with knowledge of the matter said. SSG Capital Management, a Hong Kong-based special situations fund manager, and some private-equity firms and international companies ...

TOKYO / DPA The Japanese government released the latest version of its Regional Economy Society Analysing System (RESAS), which enables people to access visualised flows of people, goods and money on the Internet free of charge. The system uses big data based on cell phone roaming and provides maps and charts on such subjects as the entry and departure of ...