News

Emirates, Russia’s S7 Airlines announce codeshare pact

Dubai / WAM Emirates Airline and Russian carrier S7 Airlines on Thursday announced an enhanced partnership which is set to improve connectivity and benefits for customers across Russia. Emirates and S7 Airlines have been in an interline partnership since 2003 which was further enhanced in 2008. The new codeshare deal further builds on this strong partnership and sees the Emirates ...

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DGCX displays strong trading in February

DUBAI / WAM February marked another strong month of trading for the Dubai Gold and Commodities Exchange (DGCX) driven by continued global market volatility and the availability of expanded product offering and deepened member community. Trading volumes on the exchange recorded growth of 42% during February 2016 compared to the same period last year, while average daily Open Interest rose ...

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Topaz, BP sign ship contracts in Azerbaijan

Dubai / WAM Topaz Energy and Marine, headquartered in Dubai, has secured 14 offshore support vessel contracts with BP Exploration (Caspian Sea) Limited. Under the terms of the agreement, Topaz will supply 14 offshore support vessels for a five year period plus two one-year options at current market terms, primarily in support of BP’s ACG and Shah Deniz II fields ...

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Omafen ‘tablets’ withdrawn

DUBAI / WAM The Ministry of Health and Prevention on Thursday ordered the withdrawal of three batches of Omafen 400mg Tab from the UAE markets after small pieces of aluminium were found in some tablets produced by Oman’s National Pharmaceutical Industries (NPI). An administrative circular form the ministry called for removal of three batches 0514005, 051006 and 0513011 of Omafen ...

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Al Forsan Village drives community living concept in Abu Dhabi

ABU DHABI / Emirates Business With over 385 ready to move in Villas, Al Forsan Village has further strengthened Abu Dhabi’s position as one of the most sought after community living destinations in the country. This project is located in Khalifa City ‘A’ Area and is Abu Dhabi’s first active and health focused mixed-use development. “Abu Dhabi has a good ...

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Innovator Show opens in Abu Dhabi

Abu Dhabi / Emirates Business Showcasing unique and inspiring creations from budding Innovators around the UAE, the 2016 edition of the Innovator Show opened officially on Thursday at Corniche-East Plaza in Abu Dhabi. Brought to you by the Abu Dhabi Education Council (ADEC) and the Abu Dhabi Technology Development Committee (TDC), the two-day exhibition features projects and innovations created by ...

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Latifa Hospital performs 3,500 paediatric surgeries in 2015

DUBAI / Emirates Business Latifa Hospital conducted more than 3,500 paediatric surgeries, said a top health official. Dr Ghadir Jaber, senior specialist paediatric surgeon is the only woman Emirati surgeon in the field of paediatric surgery in the UAE. During the Authority’s by-weekly smart clinic, Jaber said that Latifa Hospital receives one of the highest referrals for paediatric surgery not ...

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Mashreq Business Banking customer drives away BMW

DUBAI / Emirates Business As part of the its efforts to reward customers, leading financial institution, Mashreq announced the lucky winner of the grand prize for its recent campaign. Amrollah Shokrollah Fazili was given the key to his brand new BMW 320i in the presence of Subroto Som, Head of Retail Banking Group at Mashreq and Rohit Garg, Head of ...

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SZHP approves AED309mn housing aid

DUBAI / WAM The Sheikh Zayed Housing Programme (SZHP) has approved a list of 614 eligible beneficiaries of housing aid at a total cost of AED 309 million. A breakdown showed that 513 recipients will get loans and 83 others will receive housing grants. The housing aid was approved during a meeting of the SZHP board chaired by Dr. Abdullah ...

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Emirates NBD sees solid progress in business

DUBAI / Emirates Business Growth of the UAE’s non-oil private sector gathered speed in February. According to the latest Emirates NBD UAE PMI survey report, the overall improvement in business conditions was helped by expansions in output, new orders and employment. The survey, sponsored by Emirates NBD and produced by Markit, contains original data collected from a monthly survey of ...

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