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UAE higher education sector revenue hits $1bn

DUBAI / Emirates Business The prospect for the higher education sector in the UAE is bright, experts speaking at the forthcoming IPSEF Higher Education Forum say. UAE based universities have grown consistently in enrolments and revenues at a robust compound annual growth rate of 8-10 percent. The overall student base across local and international university campuses in UAE is estimated ...

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Battered islands in crosshairs as Hurricane Maria speeds up

Bloomberg For the third time this month, a hurricane is spinning towards the already battered Caribbean and gathering strength along the way. The National Hurricane Center (NHC) upgraded tropical storm Maria to a hurricane as winds picked up to 150 kilometres per hour by Monday morning. The storm, 100 miles east of Martinique, is intensifying, and hurricane warnings have been ...

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Ford reunites with Mahindra to raise India bet

Bloomberg Ford Motor Co. gave its lagging Indian operations a boost by reuniting with local SUV maker Mahindra & Mahindra Ltd. to explore electric cars and new technologies, as the US automaker tries to gain a foothold in a country that’s set to become the world’s third-biggest car market. Ford and Mahindra formed a partnership for three years, aiming to ...

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Irma stirs fear of setback to $16 billion Everglades restoration

Bloomberg For two decades Steve Davis has made it his life’s work to save the Florida Everglades. Davis, a wetland ecologist with the Everglades Foundation, has been part of a push to restore millions of acres of marsh grasses and mangroves to their natural state. The effort, comprised nearly six-dozen projects carrying an estimated price tag of $16 billion, is ...

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UN ‘club’ Trump derided forges fresh alliance on vital issues

Bloomberg President Donald Trump, who derided the United Nations as a “club for people to get together, talk and have a good time” after his election, is surprising veterans of the global body by leaning on it to help carry out his foreign policy agenda. From pushing the Security Council to tighten sanctions on North Korea to forging a partnership ...

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Google joins mobile payments race in cash-reliant India

Bloomberg Alphabet Inc.’s Google introduced a digital payments service specifically designed for India as competition heats up for the country’s billion-plus potential users. Tez, the Hindi word for fast, debuted on Monday for download on iPhones and Android devices and joins an increasingly crowded field. The service is compatible with the Indian government-backed Unified Payments Interface, which simplifies financial transactions ...

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CBS’s Ten acquisition overcomes legal hurdles

Bloomberg CBS Corp. overcame a last-ditch attempt to derail its planned takeover of ailing Australian broadcaster Ten Network Holdings Ltd. after a Sydney court dismissed a challenge by local media mogul Bruce Gordon. CBS is free to vote on its proposed acquisition at Tuesday’s meeting of Ten creditors, Justice Ashley Black said in a ruling on Monday at the New ...

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World’s best youth centre opens in Dubai

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Sunday inaugurated a youth centre in Dubai deemed as the best in the world, with ...

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50 Tesla electric vehicles deployed to fleet of Dubai Taxi Corporation

Dubai / WAM His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority, Chairman of Emirates Group, and Chairman of Dubai Supreme Council of Energy, has launched the operation of 50 Tesla electric vehicles to the limo fleet of the Dubai Taxi Corporation. Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of ...

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ADFD offered AED55 million for Tajikistan road’s development

Abu Dhabi / Emirates Business A high-level delegation from the UAE led by His Excellency Suhail bin Mohammed Faraj Faris Al Mazrouei, UAE Minister of Energy, comprising representatives from Abu Dhabi Fund for Development (ADFD), participated in the official launch ceremony of the Kulyab – Kalaikhumb Road in Tajikistan. His Excellency President Emam Ali Rahman of the Republic of Tajikistan ...

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