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ABU DHABI / WAM Axis Bank, the third largest private sector bank in India, on Thursday announced its ambitious plans to further strengthen its Remittance offering in the GCC region. “The Bank continues to expand its Partner network across the GCC region with specific focus on getting into more arrangements with Correspondent Banks while continuing to actively manage our large ...

Dubai / EMIRATES BUSINESS The inaugural Commonwealth of Independent States Global Business Forum (CIS GBF 2016) concluded in Dubai with the overarching recommendation of embracing the UAE model of economic diversification to prepare CIS for the post-oil era and to strengthen their economic competitiveness. Organised under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime ...

DUBAI / WAM First Gulf Bank (FGB) is supporting Global Women’s Forum Dubai next week as Partner of the ‘Rising Talents’ hub. Co-organised by Dubai Women Establishment and the Women’s Forum for the Economy & Society, Global Women’s Forum Dubai will take place February 23-24, 2016 at the Madinat Jumeirah in Dubai, under the patronage of His Highness Sheikh Mohammad ...

DUBAI / Emirates Business The Dubai Health Authority (DHA) held a smart clinic on Thursday to raise awareness about symptoms, causes and treatment of epilepsy. Epilepsy is a brain disorder in which clusters of nerve cells in the brain sometimes signal abnormally causing strange sensations, emotions, and behavior, or sometimes convulsions, muscle spasms, and loss of consciousness. Epilepsy means the ...

DUBAI / EMIRATES BUSINESS As part of the implementation of the “Green Morocco Plan” and ” Halieutis Plan “strategies, especially in their food exports development component, Food Exports Control and Coordination Organization (EACCE), under the auspices of the Ministry of Agriculture and Maritime Fisheries, organizes the participation of Morocco in the GULFOOD fair, that is held from 21st to 25th ...

Dubai / WAM Gulf Capital announced that one of its portfolio companies, Middle East Glass (MEG) has acquired 100% of Misr Glass Manufacturing (MGM), which is specialised in the manufacturing and marketing of container glass for the food and beverage industry. This acquisition creates the largest glass packaging manufacturer not only in Egypt but also in the MENA region and ...

ABU DHABI / WAM Samsung Gulf Electronics held a Developer Day as part of its vision for technology, connectivity and increased collaboration with the local tech community. Held at the Westin hotel in Dubai, the event brought together academia, independent developers and partner organizations including Dubai Electricity and Water Authority (DEWA), Dubai Police and Dubai Smart Government. Samsung also announced ...

DUBAI / EMIRATES BUSINESS It is no secret that the Internet has become the main source of information for users from across the world. With an increasing number of Arab Internet users, and an ever-growing reliance on the Web to retrieve vital information about different medical, cultural and social topics, the need for a comprehensive and integrated platform dedicated to addressing ...

New Delhi / Bloomberg Lockheed Martin Corp. has offered to build its flagship F-16 fighter jet in India, as the South Asian nation scrambles to modernize its aging defense fleet while trying to establish the country as a manufacturing base. Lockheed Chairman, President and Chief Executive Officer Marillyn Hewson, made the offer to Indian Prime Minister Narendra Modi in September, ...

Tokyo / Bloomberg The world’s biggest buyer of liquefied natural gas said imports fell the most in more than six years as nuclear reactors restarted and warm weather cut demand. Shipments of the super-cooled fuel to Japan fell 14.1 percent in January, the biggest drop since May 2009, to about 7.2 million metric tons from a year earlier, according to ...