DAMAC Properties awards 15 major contracts worth AED1.26bn

  Dubai / Emirates Business DAMAC Properties on Tuesday announced that it has awarded 15 major construction and consultancy contracts valued at AED 1.26 billion during the period between August and November this year, bringing the total value of contracts awarded so far in 2016 to AED 6.51 billion for projects in Dubai and the UK. The awarded contracts are ...

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Al Ain Water unveils limited edition bottles

  Abu Dhabi / Emirates Business Al Ain Water –the leading bottled water brand in the United Arab Emirates and a key product in Agthia’s consumer product portfolio – launched a unique collection of limited edition frosted glass bottles to celebrate the inspiring achievements of the UAE and pay tribute to the nation. Each 750 ml bottle of Al Ain ...

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Ajman to invest AED600mn for sewerage system

  Ajman/ Emirates Business Led under the guidance and leadership of Ajman Sewerage’s Chairman HH Sheikh Rashid bin Humaid Al Nuaimi, the Company’s Board of Directors reviewed the company’s investment plans, budget, and expansion strategies, which have been lined for 2017. Culminating the meeting, HH Sheikh Rashid bin Humaid Al Nuaimi said: “With an overall expansion plan worth AED600 million, ...

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Emaar appoints Olivier Harnisch as CEO of Emaar Hospitality Group

  Dubai / Emirates Business Emaar Properties PJSC on Tuesday announced the appointment of Olivier Harnisch as the Chief Executive Officer of Emaar Hospitality Group, its hospitality & leisure business. Olivier brings to Emaar over 30 years of international experience in the hotel and tourism industry. He joins Emaar from Carlson Rezidor Hotel Group in Brussels, where he was Chief ...

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Abu Dhabi to get marine life-themed park on Yas Island

  Abu Dhabi / Emirates Business Miral and SeaWorld Entertainment, Inc. (NYSE:SEAS) (“SeaWorld”) on Tuesday announced their partnership to develop SeaWorld Abu Dhabi, a first-of-its-kind marine life themed park on Yas Island. This next generation SeaWorld Abu Dhabi will also include the UAE first dedicated marine life research, rescue, rehabilitation and return center with world-class facilities and resources for the ...

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Counterterrorism agencies tangle over turf

  Given the turf wars and interagency rivalries that have long surrounded US special operations forces, President Obama probably didn’t do the commandoes any favor when he delivered his last big military speech at the base in Tampa where they’re headquartered. Obama’s recent visit to MacDill Air Force Base, home of US Special Operations Command, or SOCOM, was in many ...

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Why China can’t lure tech talent

  Donald Trump’s campaign promise to crack down on visas for skilled foreign technology workers has a cheerleader in China. Robin Li, the head of Baidu, recently told a conference that he hopes talented workers who are no longer welcome in the US will “migrate to China and help China play a more important role on the stage of global ...

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Asia’s gambling binge

  Amid much protest, Japan’s lawmakers are considering a bill this week that would open their doors to opulent gambling houses. Analysts have dubbed it “manna from heaven” and the “holy grail.” Yet as any gambler will tell you, appeals to the divine are a sure sign of a weak hand. Japan’s casino project, like Asia’s gambling binge in general, ...

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Oil pact could stem crude glut

Oil surged after a landmark deal by Russia and other non-OPEC producers to join the cartel in capping output. They agreed to reduce their production by more than half a million barrels per day. This is a much desired step to stem the global glut that has hammered prices. The agreements, if implemented, would hasten the market’s return to balance ...

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Romania’s war on graft got old

  Nobody likes corruption, but when fighting it becomes the focus of politics and policy, voters can quickly tire of this. The Romanian Social Democrats proved it on Sunday by winning a landslide election victory a year after its leaders were seemingly disgraced in a string of corruption scandals. The Social Democratic Party, led by Liviu Dragnea, won some 45 ...

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