Ownership of Estidama Villa Products Database transferred to QCC

  Abu Dhabi / Emirates Business The Abu Dhabi Urban Planning Council (UPC) will be transferring ownership of Estidama Villa Products Database (EVPD) to Abu Dhabi Quality and Conformity Council (QCC). This transition has been decided by Abu Dhabi Government in order to utilize QCC capabilities to enhance product quality and to build upon the successful implementation of the Estidama ...

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MOHAP launches ‘Help Me Hear’ drive

  Dubai / Emirates Business The Ministry of Health and Prevention (MOHAP) has announced the launch of the ‘Help Me Hear’ initiative in a press conference held in conjunction with the Emirates Otorhinolaryngology Audiology and Communication Disorders Congress which was attended by Dr Hussein Abdul Rahman Al Rand, Assistant Undersecretary for Health Centers and Clinics and Chairman of the Congress. ...

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Abu Dhabi to celebrate Chinese New Year

  Abu Dhabi / Emirates Business Abu Dhabi will mark Chinese New Year with a range of spectacular performances, activities and promotions as the emirate celebrates China’s rich heritage, culture and history. Locations across the city will host a variety of entertaining activities including traditional parades, dragon dances, Kung Fu shows and demonstrations of Chinese dances and arts as the ...

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Partnership strategy a core element of Etihad growth: Hogan

  Abu Dhabi / Emirates Business Etihad Aviation Group’s partnership strategy has been a core element of the growth of the business, said President and Chief Executive Officer James Hogan in a speech on Wednesday. Delivering a keynote at the 19th Annual Global Airfinance Conference in Dublin, Hogan said the strategy, which resulted in 5.5 million guests connecting onto the ...

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Australia’s property market prompts top fund to cut debt

  Bloomberg Australia’s overheated property market has spurred one of the nation’s top-performing fixed income money managers to cut some of its real estate debt investments to the lowest level since the 2007 financial crisis. Vivek Prabhu, the Sydney-based head of fixed income at Perpetual Ltd., is making the move as he braces for potential blow-ups in the nation’s A$7.6 ...

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China eases curbs on foreign investments

  Bloomberg China has released plans to relax restrictions on foreign investment and make it easier for overseas companies to list on domestic markets, as Premier Li Keqiang pushes ahead with efforts to open up the world’s second-largest economy. The government will ease overseas investment curbs on banking, securities, futures, mutual funds and insurance, according to measures approved by Li ...

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Rio, Aluminum Corp of China end joint venture

  Bloomberg Rio Tinto Group and its largest shareholder Aluminum Corp. of China have terminated their joint venture established to find copper deposits, as global mining companies tighten exploration budgets. Chinalco Rio Tinto Exploration Co., a joint venture between Rio and Aluminum Corp., also known as Chinalco, was launched in 2011 to seek out deposits in China and had plans ...

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Optimism reigns in India as CEOs, consumers look beyond China

  Bloomberg Prime Minister Narendra Modi has something to cheer about even as economists slash India’s growth forecasts. A clutch of studies and surveys published around the World Economic Forum show that perceptions about India’s outlook are improving, closing the gap with China. The results will be heartening for Modi, who’s under fire at home for his shock currency withdrawal ...

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New US FDA chief should have medical experience

  Bloomberg President-elect Donald Trump’s pick to lead the US Food and Drug Administration should have a medical background, and the agency should continue evaluating new medications’ effectiveness, drugmaker executives said in comments indicating opposition to two candidates for the regulator’s top post. Trump’s FDA chief should be a doctor or physician-scientist with experience in clinical care and medical research, ...

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Rolls-Royce ends bribery settlements in US, UK, Brazil

  Bloomberg Rolls-Royce Holdings Plc won approval from a UK judge for its settlement with British prosecutors as the US Justice Department unsealed a parallel agreement with the company in Ohio the day after the company announced it would pay $800 million in total to resolve bribery probes in both countries as well as Brazil. In London, Judge Brian Leveson ...

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