LONDON / WAM UAE-based NMC Healthcare announced results for the year 2017, with total revenues rising from $1,220.8 million in 2016 to $1,603.4 million, up by 31.3 percent, and total net profit rising from $151.4 million in 2016 to $209.2 million last year, an increase of 38.2 percent. Adjusted net profit rose 43 per- cent from $165.2 million to $236.6 ...
Read More »Europe, IMF warn Trump of trade war
LUXEMBOURG / Reuters Europe and the IMF urged Donald Trump on Wednesday to step back from the brink of a trade war, after the resignation of his economic adviser emboldened those encouraging him to push ahead with tariffs on imported steel and aluminium. The departure of Gary Cohn, seen as a bulwark against Trump’s economic nationalism, hit shares, oil and ...
Read More »RAKEZ strengthens India ties with new Mumbai office
Mumbai / Emirates Business In a bid to strengthen ties with overseas clients, Ras Al Khaimah Economic Zone (RAKEZ) has launched its new office in India at the strategically important Bandra Kurla Complex in Mumbai. The opening of the office, which was witnessed by His Highness Sheikh Ahmed bin Saqr Al Qasimi, RAKEZ Chairman, VIP government representatives and senior industry ...
Read More »Deyaar ties up with Microsoft to enhance digital strategy
Dubai / Emirates Business Deyaar Development PJSC, one of Dubai’s leading property developers and real estate service providers, adopts Microsoft’s cloud solutions, cyber security products, and business intelligence capabilities to optimise costs and spearhead innovation across operations and processes. Both companies will work together to redefine Deyaar’s customer experience with a virtual-tour application using Microsoft’s mixed-reality HoloLens device, create a ...
Read More »Preserving our heritage, culture are part of our national responsibility
Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai on Wednesday inspected the progress of the Shindagha Heritage District project, which is part of a major renovation development aimed at rejuvenating some of the oldest parts of Dubai. His Highness was accompanied by HH Sheikh Maktoum ...
Read More »ISNR Abu Dhabi forum highlights cyber security threats, CISO roles in UAE
Abu Dhabi / Emirates Business Day two of the eighth edition of the International Exhibition for National Security and Resilience (ISNR Abu Dhabi 2018) featured two lively and insightful sessions as part of the inaugural Infosecurity Exchange Forum, which provides a platform for unrivalled insights into cyberspace threats and the challenges related to the key information security issues faced by ...
Read More »DAST winners honoured
Dubai / WAM Under the patronage of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, HH Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Chairman of Mohammed bin Rashid Al Maktoum Knowledge Foundation and President of the UAE National Olympic Committee, has honoured the winners of the 10th Dubai ...
Read More »Dafza, ICIE launch ‘Halal Digital Chain’ and ‘Blockchain Forum’
Dubai / Emirates Business The International Center of Islamic Economy (ICIE) in cooperation with the Dubai Airport Freezone Authority (DAFZA) has launched the Halal Digital Chain project and the Blockchain Forum. The project is part of major initiatives in line with the ‘Dubai: The Capital of Islamic Economy’ plan announced by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President ...
Read More »Nawah names new CEO
Abu Dhabi / WAM The Board of Directors of the Nawah Energy Company (Nawah), on Wednesday announced the appointment of Mark Reddemann as the company’s new Chief Executive Officer (CEO). Nawah is the joint venture operating company formed by the Emirates Nuclear Energy Corporation (ENEC), and the Korean Electric Power Corporation (KEPCO), in May 2016 to operate and maintain the ...
Read More »â€˜Zayed in 100 Stories’ opens
Abu Dhabi / WAM The National Archives began a series of workshops for schools students, in cooperation with the Ministry of Education, to introduce them to the standards required for writing stories, as part of a national education initiative, titled, ‘Zayed in 100 Stories’, launched under the framework of the ‘100 National Initiatives’ by the national archiving body to celebrate ...
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