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Dubai / Emirates Business According to Vasiliki Kostami, Assistant Professor of Management Science and Operations at London Business School, the UAE’s recent government restructuring initiative has come at the right time and will provide a boost to the national economy. One of the things the restructuring clearly aims at, she observes, is bringing about an improvement in the delivery of ...

This is revealed in Abu Dhabi’s 2015 Economic Performance Report, issued by the Abu Dhabi Department of Economic Development (ADDED’s) Studies Department, based on the results of aggregate and sectorial indicators of Abu Dhabi economy, which shows a review of Abu Dhabi’s economic performance last year through a detailed reading of the results of these growth indicators. Ali Majed Al ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, has launched the newest member of MBR Global Initiatives, the largest global initiative for endowments, established a district for endowment projects and announced the Mohammed bin Rashid Global Centre for Endowment Consultancy (MBRGCEC). The Centre will provide free of ...

Abu Dhabi / WAM The Petroleum Institute and a delegation from the US Embassy in Abu Dhabi have reviewed means of collaboration between the Embassy and the Ebtikar PI Senior Design Showcase and Competition, which is scheduled for April. Dr. Murray Ross Gray, Senior Vice President Academic and Provost, Dr. Ahmed Shoaibi, Dean of Academic Affairs, and Dr. Ebrahim Al ...

Abu Dhabi / WAM Abu Dhabi National Oil Company (ADNOC) is hosting the 24th Annual Middle East Petroleum and Gas Conference (MPGC 2016) in Abu Dhabi, UAE from April 24-26. In a company statement, ADNOC said preparations are rapidly gathering steam with ministers, super major CEOs, oil companies’ senior management from ADNOC and its Group of Companies, and other industry ...

BRUSSELS / AFP A series of explosions ripped through Brussels airport and a metro train on Tuesday, killing around 35 people and injuring more than 200 in the latest attacks to rock Europe. Security was tightened across the jittery continent and transport links paralysed after the bombings that Belgian Prime Minister Charles Michel branded “blind, violent and cowardly”. “This is ...

Naypyidaw / AFP Aung San Suu Kyi was nominated as a cabinet minister in Myanmar’s civilian government on Tuesday, giving the democracy champion a formal position despite being blocked from the presidency in a nation ruled for decades by the military. The Nobel laureate, who has vowed to rule above the next president Htin Kyaw, was named first in a ...

Geneva / AFP The UN refugee agency on Tuesday harshly criticised an EU-Turkey deal on curbing the influx of migrants to Greece, saying reception centres had become “detention facilities”, and suspended some activities in the country. “Under the new provisions, these sites have now become detention facilities”, the UNHCR said in a statement. “Accordingly, and in line with our policy ...

RITIKA SHARMA / EMIRATES BUSINESS Internet in last few years has changed our world, way beyond any set notions. Things that once seemedimpossible are now not just possible; they are rather ‘common’ and usual. But just like every human discovery, the internet and its high penetration into our day to day lives, has invited some inevitable problems. Talking specifically about ...

RITIKA SHARMA / EMIRATES BUSINESS With e-commerce in the UAE projected to reach US$10 billion by 2018, it makes sense for most businesses to diversify and invest in online platforms of their own. The same became the reason for Beauty Solutions Trading and Consulting, leading marketer and distributor of globally recognised lifestyle and beauty brands in the Middle East to ...