Sunaina Rana / Emirates Business Standing elegantly on Khalifa Street, overlooking the Capital Gardens on one side and the Corniche on the other, Millennium Corniche Hotel, Abu Dhabi, is the Emirates capital’s newest 5-star business lifestyle property. High rising 16 floors, with 325 luxurious rooms and suites, the hotel has managed to set the bar high for the standard of ...
Read More »USA, UK and Australia top spots for UAE investors
Abu Dhabi / Emirates Business The USA, UK, Australia, Singapore and Germany are the top five destinations for UAE residents looking to invest in property overseas, according to a YouGov survey commissioned by IP Global, a leading full-service property investment company. When asked where they would consider investing in property abroad, the US topped the list, with 21% saying they ...
Read More »HBMSU preps up for business conference
Emirates Business The Hamdan Bin Mohammed Smart University (HBMSU) has commenced preparations to launch Quality and Business Management Conference under the theme ‘Business Innovation: Imperative for Knowledge Economy.’ This will take place on the sidelines of the ‘Innovation Arabia 9 – Annual Congress 2016, which will be held with the theme ‘Accelerating Innovation Towards Sustainable Economy’ under the patronage of ...
Read More »Majid al Futtaim malls jump on car-free bandwagon
Dubai / Emirates Business In a one-of-its-kind initiative, a major retail player in the region is encouraging its shoppers to leave their cars at home and instead use public transport to reach its premises. This is the green gesture of Majid Al Futtaim to support Dubai Municipality’s annual car-free day. Majid Al Futtaim’s Mall of the Emirates, City Centre Deira, ...
Read More »UMEX braces for take-off
ALKESH SHARMA / EMIRATES BUSINESS Emphasising upon the economic benefits of the integration of Unmanned Aerial Systems (UAS) in different industries, Emirates capital is all set host the much-awaited Unmanned System Exhibition (UMEX 2016) next month. Keeping pace with the forefront of industry innovations and market requirements – UMEX 2016 will be a standalone show that will feature live flying ...
Read More »Lincoln MKX set for debut run in UAE
Emirates Business The new Lincoln MKX is all set to roll on UAE roads. The vehicle is now available at the Al Tayer Motors — the official importer-dealer in Dubai and the Northern Emirates — and at Premier Motors, the official dealer in Abu Dhabi. The entirely-new MKX is a vehicle that combines thoughtful and elegant design with a safe, ...
Read More »Medical tourism defies economic odds
Emirates Business Every year, the UAE healthcare authorities send several thousand locals abroad to hospitals in Germany, the UK, the US and elsewhere. For patients it means they receive the treatment they need in areas such as oncology, neurosurgery and cardiology that are unavailable locally. But this comes at a price. Dubai Health Authority (DHA) says it spent an average ...
Read More »Healthcare majors warned to prepare for challenges as acquisitions rise in GCC
Abu Dhabi / Emirates Business With acquisitions in the GCC healthcare sector expected to accelerate this year, the region’s larger hospital groups have been told to prepare for serious challenges which could undermine profits from mergers with physician practices. PA Consulting Group warns that while consolidation in healthcare can bring high returns, the bigger hospital groups must guard against the ...
Read More »GFH announces net profit for 2015
Bahrain / Emirates Business GFH Financial Group (GFH) on Saturday announced its full year financial results for 2015 with a consolidated profit of US$ 29 million before provisions of US$17 million, and a net profit of US$ 12.0 million, signaling sustained profitability for the Group. The consolidated net profit for 2015 was US$ 12 million compared to net profit of ...
Read More »MBRSG launches online campaign to identify innovative ideas
Dubai / Emirates Business The Board of Trustees of the Mohammed bin Rashid School of Government (MBRSG), a research and educational institution specialized in public policy in the Arab world, reviewed the results of an online brainstorming campaign launched by the School, to identify innovative ideas and suggestions to further develop programs and curricula in preparing future government leaders. Mohamed ...
Read More »