Ajman / WAM Ajman Bank signed a financing agreement with Saudi German Hospitals Group for the construction of Saudi German Hospital Ajman, SGH-Ajman, a 50- bed facility in the Emirate of Ajman. The total cost of the project is AED327.3 million, and the completion of all phases of the project and formal opening of the hospital is expected in 2018, …

  Dubai / WAM His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), the integrated free zone technology park, unveiled on Monday the commemorative plaque and laid the foundation stone of “Silicon Park”, the first integrated smart city project taking shape at the hi-tech park. Once complete, …

  Abu Dhabi / WAM Hameed Mohammed bin Salem, Secretary-General of the Federation of UAE Chambers of Commerce and Industry, has stressed the importance of developing investment and trade ties between the UAE and Brazilian private sectors in light of potential investment opportunities in both countries. Salem said the idea of establishing a UAE-Brazilian Business Council or an Arab-Latin Chamber of …