ABU DHABI / WAM The Department of Health-Abu Dhabi (DoH), the regulator of the healthcare sector of the emirate of Abu Dhabi, signed a Memorandum of Understanding (MoU) with the Sheba Medical Centre in Israel, one of the top 10 medical institutions in the world. The MoU aims to create a framework for cooperation in developing and improving healthcare services ...

DUBAI / WAM Enoc Misr, a joint venture between Proserv. Egypt Group and the UAE’s Emirates National Oil Company (Enoc), has signed an agreement with Misr Petroleum to blend and fill lubricants locally at Misr Petroleum’s plant. With this three-year partnership, Enoc Misr will blend lubricants in Egypt, which will contribute to significant operational efficiencies and ensure a continuous product ...

Emirates Business The Sharjah Chamber of Commerce and Industry (SCCI) and Emirates Development Bank (EDB), a key financial enabler of the country’s economic diversification and industrial transformation agenda, on Sunday signed a Memorandum of Understanding (MoU) to foster the development and growth of UAE-based manufacturers, exporters and SMEs through financial support. As part of the MoU, both entities will strengthen ...

Ajman / WAM His Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Ajman Executive Council, instructed officials at Ajman University to grant a blind Sudanese student, Khalida Hatem Junaid, a full scholarship, after she scored 98.93 percent in her high school exams in the general programme at Al Hikma Private School. His Highness ...

Dubai / WAM Emirates Global Aluminium (EGA) marked on Sunday the 100th shipload of bauxite exported from the Republic of Guinea since the start-up of its wholly-owned bauxite-mining subsidiary Guinea Alumina Corporation (GAC) in August 2019, according to an EGA press release on Sunday. EGA uses capesize vessels to transport much of its bauxite ore. Capesize vessels are up to ...

Abu Dhabi / WAM Aldar Properties has announced the launch of the second phase of its Al Gurm development, a waterfront community on the south-west side of Abu Dhabi’s main island. The beach facing land plots at Al Gurm are exclusively available to purchase by UAE nationals, Aldar said in a statement on Sunday. A total of 71 new plots ...

SHARJAH / WAM Arada, a property development company in Sharjah, has announced that it has secured an AED250 million Islamic facility from Dubai Islamic Bank (DIB) to finance general construction at its Aljada megaproject in the heart of New Sharjah. The credit facility is in addition to an initial AED300 million financing arrangement secured from the bank at the start ...

Abu Dhabi / WAM This month, young visitors to Kidzania’s outlets at The Dubai Mall and Abu Dhabi’s Yas Mall, will learn how to easily grow healthy fruits and vegetables at home, through a unique interactive experience delivered by Masdar City-based start-up innovation, the HydroArtPod. As part of KidZania’s ‘Kids For A Greener World’ interactive workshop, kids will learn how ...

The US labour market holds the key to the inflation outlook and the timing of the withdrawal of monetary policy accommodation. After all, it is pressure on resources that ultimately leads to persistent inflation. If workers are in chronic short supply, wage inflation climbs and that usually feeds through into prices. In contrast, supply disruptions typically get resolved with time. ...

China is the first noticeable crack in the Covid-19 recovery. The only major economy to show any growth at all last year, the country is now taking steps to ease monetary policy — just when the Federal Reserve is beginning to lay the groundwork to taper asset purchases. A significant slowing of its expansion might give other commercial powers pause ...