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Posted on 28/05/2017

Aster DM Healthcare plans 2018 IPO as sentiment improves

Dubai: Aster DM Healthcare is planning an initial public offering next year as the Dubai-based medical provider seeks to take advantage of improved market sentiment for the Arabian Gulf. The company aims to sell 10 per cent of shares by October 2018 …
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Posted on 28/05/2017

6 accidents in Abu Dhabi on first day of Ramadan

Abu Dhabi: Twelve people sustained injuries in six accidents in Abu Dhabi on the first day of Ramadan, the Abu Dhabi police announced in a statement on Sunday. In total, around 1,394 traffic violations were recorded in the emirate on the first day of …
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Posted on 28/05/2017

Dubai’s Aster DM Healthcare Plans 2018 IPO as Sentiment Improves

Aster DM Healthcare is planning an initial public offering next year as the Dubai-based medical provider seeks to take advantage of improved market sentiment for the Persian Gulf. The company aims to sell 10 percent of shares by October 2018, with a …
( read original story …)


Posted on 28/05/2017

Dubai’s Marka appoints new CEO

Marka, which operates 47 hospitality, fashion and beauty and sports outlets across the region, raised $75m in an IPO on the Dubai Financial Market in 2014. However, the company is yet to turn profitable, and posted a net loss of Dhs150m in 2016 …
( read original story …)


Posted on 28/05/2017

Dubai Font extends imprint across the city

Dubai: Giant letters highlighting the ‘Dubai Font’ initiative have been put up across the city with the objective of encouraging reading, writing and self-expression. This unique initiative serves as a reminder of the core values that characterisee the …
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Posted on 28/05/2017

Abu Dhabi’s Bloom Properties awards main contract for Soho Square

Bloom Properties, the real estate arm of Abu Dhabi-based Bloom Holding, announced on Sunday it has awarded the main construction contract for its Soho Square development on Saadiyat in Abu Dhabi to Emirates Link Maltauro. The developer said in a statement …
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Posted on 28/05/2017

UAE- Gender diversity is key for success of business

(MENAFN – Khaleej Times) Gender equality in the #UAE workplace has reached the same level as compared to women who work in Western countries No other topic has been debated in such great detail as that of men versus women. Numerous books have been printed …
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Posted on 28/05/2017

UAE slashes petrol prices for June

Motorists across the UAE will be happy to hear that they will be paying a little less to fill up the tanks of their vehicles in June, as the fuel prices drop in response to an international agreement by producers to extend the oil output cut. Unleaded 98 …
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Posted on 28/05/2017

UAE leads Mena region in global talent competitiveness ranking

Dubai: The UAE is ranked top in the region in global talent competitiveness ranking. With a global ranking of 19, the country has an index score of 62.49, the highest in the Middle East and North Africa (Mena) region. INSEAD Business School, Google and the …
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Posted on 28/05/2017

UAE surveys reward expats with free air tickets, hotel stay

Dubai: The next time you are asked to participate in a survey, it might be a good idea not to ignore it, because chances are that you might end up getting a prize – either a free ticket, a hotel stay or a dinner for two. A recent government office in the …
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Posted on 28/05/2017

Dubai Culture collaborate with Dubai Specialist Dental Centre

Dubai Culture & Arts Authority (Dubai Culture), the Emirate’s dedicated entity for culture, arts and heritage, has collaborated with Dubai Specialist Dental Centre by provide artworks for the newly opened Dental centre in alignment with the Authority’s …
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Posted on 28/05/2017

MoF organises workshops on practical applications of the federal decree no. (9) of 2016 concerning bankruptcy

The Ministry of Finance (MoF), in collaboration with Dubai Courts, recently organised a workshop on the practical applications of the Federal Decree No. (9) of 2016 concerning bankruptcy. The workshop came as part of a series organised by the Ministry to …
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Posted on 28/05/2017

Financial sustainability imperative to supporting Awqafs

Ultimately, financial sustainability is imperative for Awqafs … Managing Awqaf sustainably In the UAE, a ‘General Waqf Authority’ for Islamic Affairs and Endowments, has been set up by government and regulators, to coordinate and streamline the …
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Posted on 28/05/2017

Barakah nuclear plant gets critical components

Dubai: The firm in charge of the UAE’s first nuclear power plant has taken delivery of vital parts that will power the reactor. On Saturday, the federal-owned Emirates Nuclear Energy Corporation (Enec) announced that it had received fuel assemblies …
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Posted on 28/05/2017

80-year-old Indian grandma in UAE knits her way into world records

When she heard about the participation of Indian women in the UAE, Sitabai did not think twice. “I used to crochet when I was young. So I wanted to participate in this great initiative,” she told Gulf News. “Age should not restrict you from doing …
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Posted on 28/05/2017

Pay Dubai traffic fines at these metro, petrol stations

Dubai: Looking for a quick and easy way to pay your traffic fines? With this new initiative launched by Dubai Police, you can now pay them at the convenient store. On Sunday, Dubai Police announced that it installed the Wall Street Exchange fine collection …
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Posted on 28/05/2017

3M Healthcare sponsors the Spanish Soccer School in support of UAE youth sport

3M Healthcare Business today announced that it is sponsoring the Spanish Soccer School, where Michel Salgado, the former Real Madrid player, is director. In doing so, the corporation continues to support the UAE youth by encouraging sports involvement and …
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