ABU DHABI / WAM The Ministry of Health and Prevention (MOHAP) and Mubadala Investment Company (Mubadala) signed a Memorandum of Understanding (MoU) to explore cooperation across eight key healthcare pillars. The agreement will see the organisations collaborate on a range of healthcare and therapeutic areas in which Mubadala Healthcare and its network of world class healthcare companies has deep expertise. ...

DUBAI / WAM Private healthcare in the Gulf Cooperation Council region, estimated at $62 billion in 2016, is forecasted to expand 8.7 percent annually, to reach $94 billion in 2021, according to MENA Research Partners (MRP), a leading research company in the region. The Kingdom of Saudi Arabia and the UAE together represent more than two third of the market, ...

ABU DHABI / WAM Customers with contracts for the supply of Murban crude oil from the Abu Dhabi National Oil Company (ADNOC) have been advised of a 25 percent cut in allocations for March 2018, ADNOC sources have confirmed. In a Twitter message, the Minister of Energy and Industry, Suhail Mohammed Faraj Al Mazroui, said that the cut was ‘in ...