Dubai /Â WAM Amlak Finance PJSC on Monday announced its financial results for the half year ended 30th June, 2016, recording a net group profit of AED87.4 million in H1 2016, compared to AED14.6 million for the same period last year. The H1 results were supported by strong revenue growth in Q1 generated from one-off sale of land plots. The ...
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GCC healthcare market to grow 78pc by 2020
Dubai / Emirates Business The GCC healthcare market is rapidly expanding, with connected hospitals and healthcare providers re-imagining the industry with wearables, machine monitoring, and patient record digitisation. Both startups and established technology firms are transforming healthcare technology, showcasing the latest developments at GITEX Technology Week 2016. The GCC is investing at least USD 2 billion in new patient-management ...
Read More »QNET to support local biz to strengthen growth in MENA
Dubai / Emirates Business Prominent Asian direct selling company, QNET, is on an ambitious growth strategy for 2016 in the MENA region. The company is working with beauty and lifestyle product manufacturers in UAE, Egypt, Morocco and Tunisia to source and develop exclusive products from within the region that will support local small and medium enterprises. Khaled Diab, Regional ...
Read More »China’s imports plunge 12.5pc in July
Beijing / AFP China’s economy, the world’s second largest, struggled in July with a worse-than-expected trade performance as imports plunged 12.5 percent year-on-year, Customs said. Imports fell to $132.4 billion, data showed, as weaker global commodity prices and lacklustre domestic demand weighed on purchases. The drop in imports was significantly larger than expectations for a 7.0 percent fall, the ...
Read More »Investors bet cotton’s worst over on falling Chinese harvest
AFP China’s wall of cotton is coming down. Once the world’s biggest grower of the crop, the country lost that crown to India in the season that just ended in July after depressed prices discouraged plantings. China’s sowings are set to drop again in the 12 months that started on Aug. 1, with harvested acres poised for the lowest ...
Read More »â€˜Sheikh Zayed’s accession was a new dawn in UAE history’
Abu Dhabi / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, Supreme Chairwoman of the Family Development Foundation and President of the Supreme Council for Motherhood and Childhood, said that the August 6, 1966, the date of the late Sheikh Zayed’s accession as Ruler of Abu Dhabi, was the date of a new dawn in the ...
Read More »UIIC to take part in UAE-India Economic Forum in October
Dubai / WAM The UAE International Investors Council (UIIC) announced its participation in the 2nd Edition of UAE-India Economic Forum (UIEF) as a Strategic Partner. Senior members of the council will participate in panel discussions with a special round table focused on investment opportunities in India. Jamal Al Jarwan, Secretary-General of the UAE International Investors Council, said, “India is one of ...
Read More »Emaar unveils homes next to Dubai Opera in Downtown Dubai
Dubai / Emirates Business Live next door to the most culturally vibrant destination in the city with Emaar Properties on Sunday unveiling an exclusive collection of residences located adjacent to the stately Dubai Opera, the iconic centerpiece of The Opera District in Downtown Dubai. The all-new ‘Act One | Act Two’ residences are seated in exceptionally designed 52- and ...
Read More »Sharjah hotels revenue reaches AED378mn in H1
Sharjah/ Emirates Business Hotels across the Emirate of Sharjah recorded a seven per cent increase in revenue — which reached AED378 million — in the January-to-June period of 2016. Sharjah Commerce and Tourism Development Authority has strategically identified many new markets and worked with local partners to increase guests from these markets and the first half year figures are ...
Read More »Job seekers see strong employer branding vital
Dubai / Emirates Business Latest research by online social recruitment platform Bloovo.com reveals that job seekers consider employer branding one of the top factors when applying for new jobs. As much as 47.4% hold that brand reputation is the single most important criteria when looking for suitable positions. The results come from Bloovo.com’s recent survey, aimed at garnering insight ...
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