May, 2016

• 24 May

  ‘Mishap’ delays Solar Impulse plane’s Ohio departure

  

    Washington / AFP A solar-powered plane set to fly from Ohio to Pennsylvania on Tuesday delayed its departure to inspect possible damage due to a mishap, organizers said. The Solar Impulse 2, set to be piloted by Swiss national Bertrand Piccard, was scheduled to fly out of Dayton International Airport and head to Lehigh Valley International Airport near the city ...

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• 24 May

  Bread cancer report hurt Domino’s, McDonald’s operators

  

    Mumbai / Bloomberg The Indian operators of Domino’s Pizza Inc. and McDonald’s Corp. dropped after a local research agency said that burger and pizza bread sold at the fast-food outlets contained cancer-causing chemicals. Jubilant Foodworks Ltd., a licensee of Domino’s, headed for a three-month low, while WestLife Development Ltd., which runs McDonald’s restaurants in western and southern India, slid ...

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• 24 May

  Strategic planning key to corporate resilience

  

    ALKESH SHARMA / Emirates Business Middle East corporate sector needs to overhaul its in-house strategic planning activities and adopt the best practices to float smoothly even during crisis situation. Moreover, a stout strategic planning in place could capably address the recurring resilience concerns among the enterprises. Survey reports say that over 73 percent of the Middle East enterprises put ...

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• 24 May

  Dubai Parks and Resorts Rights Issue oversubscribed

  

    Dubai / wam & emirates Business Dubai Parks and Resorts has confirmed that the AED 1.68 billion Rights Issue, which was announced on the April 19, was oversubscribed at the end of trading on May 23, underlining strong investor support. Total subscription as at close of May 23 amounted to AED 2.1 billion. The Rights Issue is intended to ...

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• 24 May

  GCC leaders stress on diversification

  

    Sunaina Rana / Emirates Business Economic diversity will help reducing growth fluctuations in the region, attracting a host of international and private investors. The 22nd edition of the Foundation of directorship Workshop held recently by the GCC Board Directors Institute highlighted the significance of the regulatory trends. The event witnessed participation of senior officials which included Board directors and ...

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• 24 May

  UAE Exchange unveils new summer promo

    Dubai / Emirates Business Lady Luck is soon going to shine on 56 expatriates residing in the UAE this holy month. UAE Exchange, the leading global remittance, foreign exchange and payment solutions brand, in a new initiative to empower the people and bring a positive change in their lives, has launched its new summer promotion today. The ‘Change Your ...

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• 24 May

  Best wedding products wow visitors at Sharjah Bridal Fair

  

    Sharjah / Emirates Business The inaugural Sharjah Bridal Fair (SBF), one of the most luxurious bridal exhibitions in the Northern Emirates, showcased a variety of the best wedding products and services under one roof from May 19 to 22. Recognising the burgeoning wedding industry in the region, the fair was warmly received at the Jawaher Reception and Convention Centre ...

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• 24 May

  Experts call for more women in workforce

  

    RITIKA SHARMA / Emirates Business Industry leaders discussed ways to enhance the role of women in the global corporate and cultural landscapes, at the recently concluded Women in Industry Forum in Abu Dhabi. During the event, women front-runners from several industries offered advice to next generation of female leaders on how right education can make a difference. Various women ...

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• 24 May

  UAE firms look to mobile encryption for security

    RITIKA SHARMA / Emirates Business Mobile encryption is one of the most debated topics in global digital industry. When social media gave a nod to its implementation, there were both concerns and rejoices that echoed across the world. In UAE due to high smartphone penetration and highly digital office environment, IT companies are looking for more innovative mobile encryption ...

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• 24 May

  IRENA council meet kicks off

  

    Abu Dhabi / Emirates Business More than 300 high-level government representatives from 96 countries — the highest number of countries ever represented at a Council — gathered in Abu Dhabi to attend the eleventh meeting of the Council of the International Renewable Energy Agency (IRENA). At the outset of the meeting, the Council elected HE Kenred Dorsett, Minister of ...

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