RAS AL KHAIMAH / WAM Marjan, RAK Hospitality Holding, and Wynn Resorts Limited, the US-listed international developer and operator of luxury resorts, announced a multibillion-dollar integrated resort development on the man-made Al Marjan Island in Ras Al Khaimah. The spectacular Al Marjan Island is only 15 minutes from the Ras Al Khaimah International Airport and 45 minutes from the ...
Read More »Mubadala to enter Dubai with new medical facility
Dubai / WAM Mubadala Health on Tuesday announced its foray into the provision of healthcare services in Dubai. The expansion of Mubadala Health into Dubai is in collaboration with the Dubai Health Authority (DHA) and the Ministry of Health & Prevention (MoHAP). Mubadala Health is committed to a significant investment in Dubai’s healthcare sector, starting with the opening of ...
Read More »Mubadala Health announces its expansion plans into Dubai
Dubai / WAM Mubadala Health on Tuesday announced its foray into the provision of healthcare services in Dubai. The expansion of Mubadala Health into Dubai is in collaboration with the Dubai Health Authority (DHA) and the Ministry of Health & Prevention (MoHAP). Mubadala Health is committed to a significant investment in Dubai’s healthcare sector, starting with the opening of ...
Read More »Sharjah Ruler’s giving will remain in nation’s memory: Ajman Ruler
AJMAN / WAM His Highness Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, extended his greetings and best wishes to His Highness Dr Sheikh Sultan bin Muhammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, on the occasion of the 50th anniversary of his assumption to power in the emirate of Sharjah. His ...
Read More »Cambodia marks National Day at Expo 2020 Dubai
DUBAI / WAM The Kingdom of Cambodia celebrated its Expo 2020 Dubai National Day by expressing its commitment to sustainable development. Also, it hosted a series of classical dance routines from the ‘Golden Land’. Highlights included a ‘Best Wishes’ dance, traditionally performed to give blessings to monarchs and leaders, and a Ramayana dance drama based on the Sanskrit epic. ...
Read More »Expo 2020 Dubai approaches 11 million visits
Dubai / WAM Expo 2020 Dubai has recorded 10,836,389 visits as of January 24, while the virtual visitation reached 72.5 million. The visitors were attracted by the new musical from Indian stars Shekhar Kapur and A.R. Rahman, plus a series of high-profile events as part of the first Global Goals Week to be held outside of the United Nations ...
Read More »Business does not need a social purpose revolution
There is no shortage of candidates for the title of the most dangerous business idea of the moment. Management-by-algorithm may remove what humanity there is left in the corporate world. The office-less future may dissolve workers into angst-ridden atoms. I want to suggest a less obvious contender for the title: “social purpose.†The idea of social purpose can be ...
Read More »China’s ‘propaganda machine’
If tech billionaires were targeted by China’s rulers last year, it looks like the millionaire civil servants are next. “Zero Tolerance,†a new five-part documentary jointly produced by CCTV and the Central Commission for Discipline Inspection, the powerful anti-corruption agency, signals just that. In the nine months ending September, CCDI opened about 407,000 cases and punished 438,000 people, the most ...
Read More »Americans aren’t bothered about the grocery inflation
It’s official: Americans are paying up for their favourite goods. December saw the biggest 12-month gain in inflation since 1982. Last week, Procter & Gamble Co. raised its sales outlook for the year to the end of June on the back of higher prices. In the three months to December 31, organic sales (which exclude the impact of currency ...
Read More »The magical land of low inflation, no rate hikes
Bonds are sliding and forecasts for US interest rate increases are escalating rapidly. Borrowing costs have moved up in the UK, South Korea, New Zealand and a swathe of emerging markets. There are outliers, however. Among them, Asia’s two most powerful economies: China, which cut a key rate this week, and Japan, a country that’s battled deflation for a ...
Read More »