DUBAI / WAM If GCC states increase private sector involvement in their economies, they could avoid $165 billion in capital expenditures by 2021, says a study by management consultancy Strategy& (formerly Booz & Company). According to the study issued by the Ideation Center, the leading think thank for Strategy& in the Middle East, they could also generate $114 billion …

  ABU DHABI / WAM Heads of space agencies, executives from leading space and aviation companies, government ministers and prominent academics and researchers gather on Tuesday in Abu Dhabi for the Global Space Congress. The Arab space experts will also gather under one roof to discuss ways of strengthening joint cooperation between Arab states in the space sector. The international …

  ABU DHABI / WAM The 11th edition of the Recruitment Show, Tawdheef Abu Dhabi, was launched on Monday, under the patronage of Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Culture and Knowledge Development. The three-day fair at the Abu Dhabi National Exhibition Centre was inaugurated by Hussain bin Ibrahim Al Hammadi, Minister of Education. Also in attendance was …

  Dubai / WAM The Ministry of Economy on Monday signed an agreement and a Memorandum of Understanding with two government institutions to sustain its successes and accelerate growth in patent registrations. The agreement was signed with the Telecommunications Regulatory Authority (TRA) represented by the ICT Development Fund (ICT-DF) to finance the registration of additional 200 patents in information and communications …

  Abu Dhabi / WAM Agthia Group, Abu Dhabi’s food and beverage company, reported on Monday a net profit of AED254.3 million, up 10 percent on the previous year. The net revenues grew 8 percent to AED2.01 billion, led by the group’s flagship water business, the company said. “Despite economic headwinds, Agthia performed strongly in 2016 with our business strategy generating …

  Dubai/ WAM To improve Dubai’s bilateral trade relations with India and protect the interests of traders who import products from Dubai Emirate, the Department of Economic Development (DED) launched a ‘Buyer Protection Programme.’ Dubai Exports, the depatment’s promotion agency, launched the initiative, designed by the Commercial Compliance and Consumer Protection (CCCP) sector in DED, as a pilot project through its …

  Beirut / WAM A delegation from Etihad Airways distributed packages containing food, clothes, shoes, cleaning materials and blankets during the past few days to 802 Syrian, Palestinian and Lebanese families in Beirut, Akkar, and Sidon. The donations were made in co-operation with the Relief and Humanitarian Aid Organisation of Lebanon’s Dar Al-Fatwa. These donations are part of the “UAE response …

  Dubai / Emirates Business Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), launched the Free Electrons programme, a global energy accelerators programme that provides an integrated framework to promote international cooperation and support innovation, to identify solutions to meet future global energy needs. The announcement was made at the Armani hotel in Dubai. …

  DUBAI / Emirates Business The Mohammed bin Rashid Space Centre (MBRSC) launched the third cycle of the Research Experience for Undergraduates (REU) program, offering Emirati undergraduate students the opportunity to intern at Space Science research centers in the United States, as well as at MBRSC. The program aims to expose undergraduate Emarati students to planetary science research and provide …

  Sharjah / Emirates Business Children in Sharjah can now enjoy a wider variety of activities organised by Sharjah Ladies Club (SLC), including an outstanding selection of movies, sports, inflatable castles, climbing, a kids’ train, face-painting and drawing and colouring. The range of activities included in the ‘Fun Night’ event is organized by the Sports Complex, which takes place two …