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Our staying close has kept death away

Onzain / AFP When they were born premature in 1912, doctors gave Paulette and Simone the slimmest chance of survival. But 104 years later, the French twins say there’s a simple secret to their longevity: sticking together. With their long white hair tied back in ponytails and gold spectacles perched on their noses, Paulette Olivier and Simone Thiot are happy ...

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Osborne accused of ‘stonewalling’ MPs over Heathrow

London / Bloomberg UK Chancellor of the Exchequer George Osborne must do more to back up the economic case for expanding Heathrow Airport, the chairman of Parliament’s Treasury Committee said. Lawmaker Andrew Tyrie wrote to Osborne for a second time after what he described as the chancellor’s “curious” explanation for stonewalling questions included in a January 25 letter. Osborne’s reply, ...

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DHCOG records 25% increase in net profit to AED5.83 billion

Dubai / WAM Mohammad Abdulla Al Gergawi, Chairman of Dubai Holding, announced on Saturday the preliminary unaudited financial results of its business group, Dubai Holding Commercial Operations Group (‘DHCOG’), for the year ended December 31, 2015. DHCOG continued to see good operational progress with all businesses performing well and contributing to Group profitability. Net profit increased to AED 5.83 billion, ...

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FNC Speaker, Kim discuss cooperation and partnership

ABU DHABI / WAM Dr. Amal Abdullah Al Qubaisi, Speaker of the Federal National Council (FNC), recently met Dr. Jim Yong Kim, President of World Bank Group and his accompanying delegation, which included a number of regional directors in the Middle East. During their meeting, they discussed ways to strengthen mutual cooperation in various fields, especially in the parliamentary field. ...

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135 seizure of goods worth AED17mn in 2015: Dubai Customs

Dubai / WAM Dubai Customs has firmly stood against infringements of intellectual property rights in order to protect society and the economy from the harm of counterfeit goods, and to support a competitive investment environment in Dubai by enabling producers to avoid losses arising from imitation of their brands. Consequently, the number of seizures of IPR-infringing items carried out by ...

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Microcredit Summit Campaign, Khalifa Fund announce partnership

Abu Dhabi / WAM The Microcredit Summit Campaign and the Khalifa Fund for Enterprise Development announced a strategic partnership for the 18th Microcredit Summit: Frontier Innovations in Financial Inclusion, to be held in Abu Dhabi next month. The 18th Microcredit Summit will gather global policy makers and microfinance experts to explore how microfinance and other innovative financial inclusion strategies can ...

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DED Abu Dhabi launches inspection tours to combat unlicensed street vendors

Abu Dhabi / WAM The Department of Economic Development (DED), Abu Dhabi has expressed its commitment to eliminate all negative practices that affects the performance of the business environment in the emirate of Abu Dhabi and to maintain the advanced and safe environment, stressing the importance of combating street vendors in collaboration with all the local community. The statement came ...

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UAE IT market to touch AED19.2bn by 2019

ALKESH SHARMA / EMIRATES BUSINESS Emirates’ Information and Technology industry is at an all-time high, courtesy the UAE government’s progressive policies and presence of world-class IT growth catalysts in the country. It expects a Compound Annual Growth Rate (CAGR) of nearly 3.6 percent over the period of2015-2019, suggests a Business Monitor International (BMI) Research report. According to the survey, the ...

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Egypt to highlight halal at Gulfood

Sunaina Rana / Emirates Business As the region gears up for the 21st edition of Gulfood, Egypt’s food and beverage industry is all set to showcase and promote its halal products. Around 167 Egyptian companies are expected to participatein the event, which is scheduled from February 21-25, at Dubai World Trade Centre. “With more than 85,000 food and beverage, wholesale, ...

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eHDF to deploy Cisco ACI to better services

ALKESH SHARMA / EMIRATES BUSINESS Dubai-based eHostingDataFort (eHDF) has joined hands with IT-giant Cisco, an initiative that would ensure better services to its clients through Application-Centric Infrastructure (ACI). ACI would unify all the component of IT infrastructure — networking, storage, compute, network services, applications, security —into a single, dynamic entityand facilitate improved operational efficiency, productivity, scalability and improved security. This ...

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