February, 2020

• 4 February

  Seha, LinkedIn sign strategic agreement

  

  ABU DHABI / Emirates Business Abu Dhabi Health Services Company (Seha), the UAE’s largest healthcare network, has announced a strategic partnership with LinkedIn to drive talent development and thought leadership within the healthcare sector in the UAE. The partnership aims to drive education and awareness of the world-class healthcare ecosystem nurtured by SEHA and enhance engagement with professionals from across ...

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• 4 February

  Over 340 Japanese firms, 11,000 brands registered in UAE

  

  ABU DHABi / WAM A business meeting organised by the Abu Dhabi Chamber of Commerce, and Industry (ADCCI) at its headquarters with a trade delegation representing 12 Japanese companies revealed the presence of 340 Japanese companies and 11,000 Japanese brands registered in the UAE. During the meeting, which aimed to brief the Japanese companies about investment opportunities in Abu Dhabi’s ...

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• 4 February

  Etihad Cargo renews agreement with WFS

  

  ABU DHABI / WAM Etihad Cargo, the cargo and logistics arm of Etihad Aviation Group, has announced the renewal of its global cargo handling agreements with Worldwide Flight Services (WFS) the world’s largest air cargo handler, with Frankfurt and Madrid joining six existing gateways in Europe, Asia and the United States. The three-year framework extension will see WFS continue to ...

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• 4 February

  Dubai’s business landscape highlighted at Moldova forum

  

  Dubai / Emirates Business Dubai Chamber of Commerce and Industry’s representative office in Baku, Azerbaijan, participated in the International Business Forum “Moldova 2020: Reshaping the Future of International Economic Cooperation”, which took place on the sidelines of “Made in Moldova” national exhibition in Chișinau. The forum was organised in cooperation with the European Union’s project Enterprise Europe Network with the ...

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• 4 February

  Oman Insurance posts AED190.5m net profit

  

  Dubai / Emirates Business Oman Insurance Company posted a turnaround net profit of AED190.5 million in 2019, making it one of the best performing years. This was achieved due to the forward-looking strategies defined in 2018 and with placing primary focus on customer satisfaction. Despite the challenging environment, with downward pressure on prices and, more than ever, the collection of ...

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• 4 February

  Over 429 Emiratis exempted for loan repayment

  Abu Dhabi / WAM Under the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has ordered for the exemption of 429 retired citizens from the repayment of housing loans in Abu Dhabi, with a total ...

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• 4 February

  UAE, Greece discuss ways to develop ties in vital sectors

  

  ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has received Kyriakos Mitsotakis, Prime Minister of Greece, who is visiting the UAE. At the start of the meeting, His Highness welcomed the visit of the Greek Prime Minister, saying it was an important ...

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• 4 February

  Etisalat, Microsoft ink multi-year digital transformation deal

  

  Abu Dhabi / Emirates Business In a multi-year partnership, Etisalat announced that it has teamed up with Microsoft to drive public cloud first strategy through a digital transformation program that enables Etisalat to build a digital platform infused with automation and AI providing a simplified network architecture and operations empowering Etisalat subscribers and improving customer experience. “Today, Etisalat and Microsoft ...

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• 4 February

  Virus puts China economic goals on a collision course

  

  Bloomberg Two sweeping goals have dictated the direction of China’s economic policy during President Xi Jinping’s presidency: Doubling per-person GDP and household incomes over the 10 years ending this December and containing an explosion in debt. Tiptoeing between the two conflicting ambitions hasn’t been easy, especially last year as the trade war with the US deepened. Yet policy restraint held ...

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• 4 February

  China car sales to see a historic plunge in first months of 2020

  

  Bloomberg China’s car sales are likely to slump the most on record in the first two months of 2020 as the coronavirus keeps buyers away from showrooms, intensifying headwinds for automakers in the world’s biggest market. Sales are set to fall by 25% to 30% in the January-February period, according to a preliminary forecast by Cui Dongshu, secretary general of ...

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