April, 2016

• 7 April

  USA vacation-home sales tumble from record as bargains dry up

  

  Bloomberg Sales of U.S. vacation homes tumbled last year from record levels as buyers were held back by tight inventory and turbulence in financial markets. An estimated 920,000 vacation properties changed hands, down almost 19 percent from a high in 2014, according to a survey released on Wednesday from the National Association of Realtors. By comparison, sales of primary owner-occupied ...

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• 7 April

  Good food, great service and excellent coffee

  

  Our Correspondent/ Emirates Business Australian cafe chain, ‘The Coffee Club’ entered the UAE market in the beginning of 2015 with its first branch at Abu Dhabi’s Yas Mall and later expanding to Dubai in March 2015. Over the past one year, the coffee chain has ventured into different locations in the UAE. “The first year has been a whirlwind. The ...

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• 7 April

  UAE’s first fully air-conditioned indoor sports facility

  

  Our Correspondent / EMIRATES BUSINESS Insportz Club is an indoor sports centre that offers the community in general the facility for indoor cricket, football, basketball, hockey, table tennis and others; all in a professionally managed environment which includes expert coaching. InSportz is UAE’s first fully air-conditioned indoor sports facility based in Al Quoz 3 Dubai. The arena also boasts of ...

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• 7 April

  Smart homes under cyber threat

  

  Sunaina Rana / Emirates Business Smart homes technology is undergoing boom across the UAE, but at the same time it brings along many apprehensions. Industry experts have rung the security alarm and asked for the secure upkeep of personal details of the stakeholders. They advised the consumers to stay more vigilant while sharing private data with cyber companies involved in ...

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• 7 April

  Dubai expects positive retail business

  

  Ritika Sharma / Emirates Business On the sidelines of Dubai Chamber’s analysis that confirmed UAE retail market size at US$35.4 billion in 2015, retailers across UAE say they will be investing more in business as they expect 2016 to be favourable too. The analysis said that Dubai witnessed sustained annual growth rates of 3.5 percent to 7.5 percent since 2010, ...

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• 7 April

  Mediaquest Magazine award for SIB CEO

  

  Sharjah / Emirates Business HE Mohammed Ahmed Abdullah, CEO of Sharjah Islamic Bank (SIB), has been awarded Mediaquest Magazine’s Top 100 CEOs award. The award ceremony was held at the Westin Dubai Mina Seyahi Beach Resort to honour business leaders of publicly listed companies in the GCC, where HE Mohammed Abdullah was honoured. On this occasion, HE Mohammed Abdullah, CEO ...

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• 7 April

  ADP Traffic intensifies traffic control in Al Ain

  

  ABU DHABI / WAM The Traffic and Patrols Directorate at Abu Dhabi Police (ADP) said that it spares no effort to take action against objectionable behaviours, such as allowing young people under 18 to drive in Al Ain city and to reduce the disturbing noise caused by illegally modified vehicles to increase their speed and amplify their sound, all of ...

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• 7 April

  Emirates Hospital acquires stake in Adeli Medical Center

  

  Dubai / Emirates Business Emirates Hospital, a wholly owned subsidiary of the KBBO group, is pleased to announce the acquisition of a majority stake in Adeli Medical Center a highly specialized center in Central Europe for intensive rehabilitation. The Adeli Medical Center is a one of its kind neurorehabilitation facility with its primary focus being on paediatric patients. This international ...

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• 7 April

  UAE joins global think-tank to boost education sector

  

  OUR CORRESPONDENT Microsoft has announced that the UAE will be the founding member of a global initiative called ‘Leading Countries of the World in Transforming Education’, a programme that will bring together trend-setting education ministries and high-level leaders from around the world, to collaborate on the future of learning. UAE came up as anundisputed leader when Microsoft looked for regional ...

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• 7 April

  ENEC updates int’l experts at Nuclear Fuel Conference

  Abu Dhabi / Emirates Business The Emirates Nuclear Energy Corporation (ENEC) provided a project update on the status of the UAE peaceful nuclear energy programme and the Barakah site to international nuclear industry leaders attending the inauguration of the World Nuclear Fuel Cycle (WNFC) conference, which was recently held in Abu Dhabi. The capital of the UAE was selected to ...

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