Category: Companies

Latest asset of Abu Dhabi's cruise tourism sector set to change face of 'winter sun' tourism in Abu Dhabi Abu Dhabi-UAE: December 15, 2016 Under the patronage of His Highness Sheikh Hamdan Bin Zayed Al Nahyan, Ruler's Representative in the Western Region, Abu Dhabi Ports today has officially opened Sir Bani Yas Cruise Beach, offering cruise ship passengers a new beach destination with unmatched tourism experiences.The Beach was officially inaugurated by His Excellency Mohamed Khalifa

Doha, Qatar December 15, 2016Muntajat (Qatar Chemical and Petrochemical Marketing and Distribution Company Q.J.S.C.) signed its first international agency marketing agreement with Total. The signing ceremony took place at the K Trade Fair 2016 in Dusseldorf, Germany and was attended by senior representatives from Muntajat and Total.Total produces a range of polymers including polyethylene, polypropylene, and polystyrene. With Polymers business unit offices based in Brussels, Belgium, Total also operates a research center in Feluy, Belgium, to

15 December 2016 – Beijing, People’s Republic of ChinaChina Oceanwide (together with its subsidiary, “Oceanwide Resort Paradise HI LLC”) entered into a management agreement today with subsidiaries of Kerzner International Holdings Limited (“Kerzner”), a leading international developer and operator of destination resorts and ultra-luxury hotels, for a new, Atlantis resort in Ko Olina, a 642 acre development on the white sand beaches of the island of O’ahu in Hawaii.  This new generation of distinctive

The indulgent experience took to new heights as people thronged to complete their Christmas shopping December 15, 2016; Dubai, UAEWith the air thick with anticipation, pre-Christmas shoppers streamed into the Concept Big Brand Carnival as the event opened to public today. The shopping extravaganza was kick started by popular Bollywood singer Mika Singh in the presence of numerous fans, who lent further glamour and oomph to the event. Sprawled across Hall

With over 150 Saudi suppliers now, GE aims to double the number by 2020, creating a dynamic Saudi supply chain ecosystem that serves global markets GE’s investments in localized manufacturing helps build Saudi entrepreneurship, create new jobs for Saudis and build the local SME sector Dubai, United Arab Emirates; December 15, 2016GE Oil & Gas today won the ‘Best in Supplier Development’ honor at

· Acquisition to be funded by a Placing of up to 9.99% of the issued share capital of the Company and through new debt facilities 14 December 2016UAE – NMC Health plc. (NMC), the leading integrated healthcare provider operating across the United Arab Emirates, is pleased to announce the proposed acquisition of Al Zahra Hospital in Sharjah from Gulf Medical Projects Company (“GMPC”) for AED 2,058

13 December 2016Riyadh – Over 1,400 digital leaders gathered at the ArabNet Riyadh conference to discuss the latest in digital innovation and entrepreneurship, following the launch of Vision 2030 and the National Transformation Program (NTP). The event was held under the patronage of the General Authority for Small and Medium Enterprises (SMEA), and hosted by King Abdulaziz City of Science and Technology (KACST) and the Badir Program for Technology Incubators, and with the sponsorship of Digital

13 December 2016Dubai, United Arab Emirates – DAMAC Properties today announced that it has awarded 15 major construction and consultancy contracts valued at AED 1.26 billion during the period between August and November 2016, 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 for the provision of services related to several projects in Dubai including DAMAC Properties’ two golf communities

Miral partners with SeaWorld to create a next-generation marine life theme park and the UAE's first Marine Life Research, Rescue, Rehabilitation and Return Center by 2022 13 December 2016UAE – Miral and SeaWorld Entertainment, Inc. (NYSE:SEAS) (“SeaWorld”) today 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 United Arab Emirates’ (“UAE”) first dedicated marine life

13 December 2016HRH Prince Alwaleed Bin Talal Bin Abdulaziz AlSaud, Chairman of Alwaleed Philanthropies, announced supporting the Breakthrough Energy Ventures (BEV) with $50 million, through joining Bill Gates and members of the Breakthrough Energy Coalition (BEC) in their commitment to invest more than $1 billion in energy technologies. Breakthrough Energy Ventures (BEV) is an investor-led fund that will finance emerging energy breakthroughs to deliver affordable and reliable energy with the goal of reducing global greenhouse gas

13 December 2016UAE, Philippos Petrakakos, CEO of Natura Food Imports, owner of distribution rights of Greek water Hyas in the region declared that the UAE is considered as an important gateway for European brands into the GCC and the Middle East.Petrakakos noted that quality, health standards and trading regulations implemented by UAE authorities on international goods are regarded with the utmost respect by global companies.

12 December 2016The Roads and Transport Authority – Majdi Abu Zaid: The Roads and Transport Authority (RTA) has recently announced the formal operation of a solar-powered abra, considered the first of its kind in the Middle East. The introduction of this sophisticated abra, which is being deployed at Al Mamzar, follows several trial runs to verify the possibility of changing speed. The scheme is part of Dubai Government’s initiative billed: Green Economy for a Sustainable Environment.Abdullah Yousef

12 December 2016Dubai, UAE: Deyaar has launched a fresh drive to help customers make the right investment choices, with a range of generous promotional offers that include zero down payments on new properties and waivers for Dubai Land department fee.Marking the end of a successful year, Deyaar is launching the promotion that covers some of its key residential projects - Midtown, Mont Rose and Ruby Residence. Offers include zero down payments on new properties, monthly payments

The MoU envisages bilateral cooperation between ICD and PTA Bank in order to promote and facilitate the execution of their respective mandates through financing and investments in their common member countries JEDDAH, Kingdom of Saudi Arabia, December 12, 2016/ -- A Memorandum of Understanding (MoU) was signed between, the Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-PS.org), the private sector arm of Islamic Development Bank (IDB) Group, and

· Chamber organised study mission to explore trade and investment opportunities in St. Petersburg · Delegation discussed Dubai-Russia trade ties with key stakeholders from the city's public, private sectors 12 December 2016As part of its efforts to explore new business opportunities for its members and promote Dubai as a global business hub, Dubai Chamber of Commerce and Industry

12 December 2016Ras Al Khaimah, United Arab Emirates–(ME NewsWire)-- Julphar Gulf Pharmaceutical Industries launched the antibiotic Voxin during a launch event, which was held at the Raffles Hotel, Dubai on November 25th 2016.“Voxin (Levofloxacin) is a fluoroquinolone antibiotic that is indicated for the treatment of lower respiratory tract infections and sinusitis in adult patients,” said Dr Hosam Badr, Director of Marketing at Julphar. “Voxin (Levofloxacin) efficacy in the respiratory tract infections is well documented in bioequivalence

11 December 2016Dubai-UAE - National Bonds Corporation (National Bonds), the leading sharia-compliant savings and investments company in the UAE, has launched its Prestige wealth management program for the benefit of high net-worth customers that total more than 11,000 of the company’s 817,000 client base.National Bonds announced the program at a special gala dinner at the Ritz Carlton in Dubai International Financial Center (DIFC). Attended by guest of honor, Her Excellency Sheikha Dr Hind Al Qassimi, Chairwoman of

11 December 2016Dubai: Dubai SME, the agency of the Department of Economic Development mandated to develop the Emirate’s small and medium enterprise (SME) sector, and Al Tamimi & Company, the largest law firm in the Middle East which specialises in patents and innovations, have signed a memorandum of understanding (MoU) to support entrepreneurial innovations and patents. The MoU reflects both parties’ commitment to achieving the UAE’s vision to enable the SME sector to make a positive impact

11 December 2016Dubai, UAE, Azizi Developments – a leading UAE-based real estate developer with global reach into international markets – culminated the year with an annual gala event to celebrate the success with its valued real estate agents at Jumeirah Zabeel Saray on December 8th.More than 450 brokers attended the event organised at a panoramic sea view, luxury resort with plush décor and gala arrangement of food and beverages. The event also witnessed the presence of

11 December 2016Riyadh –  Under the patronage of the governor of small and medium enterprises authority, King Abdulaziz City for Science and Technology (KACST), represented by Badir Program for Technology Incubators and accelerators, is hosting the fifth ArabNet Riyadh – the largest and most influential digital conference in the Kingdom – on December 12-14, 2016 to be held at the Four Seasons Hotel.

10 December 2016Dubai, United Arab Emirates: The Dubai Health Authority’s Health Funding Department, has introduced eAuthorization for insurance claims, said a top health official.From January 2017, the health sector will move to an electronic authorization process for insurance claims.The move means that beginning next year insurance claims that need approval will be processed online in real time, making the process quicker and more convenient

10 December 2016Dubai, United Arab Emirates: The Dubai Health Authority has launched a medical complaints portal, said a top health official.The move from manual to an electronic complaints system will further enhance efficiency and is applicable for patients within the country and medical tourists.Dr Layla Al Marzouqi, Director of Health Regulation and Dubai Medical Tourism Project at the DHA, said: “We already have a

10 December 2016Dubai, UAE: Dubai Electricity and Water Authority (DEWA) has reached financial closure for the 2,400MW Hassyan clean coal power project. The project uses the Independent Power Producer (IPP) procurement model on a Build Own Operate (BOO) basis and is supported by a 25-year Power Purchase Agreement (PPA) with DEWA. Last June, DEWA signed the PPA, Shareholders Agreement (SHA), and other project agreements with the consortium led by ACWA Power. Total investment of the project

St. Regis Doha served as the Strategic Hospitality Partner 10 December 2016On 7th and 8th December 2016, Alfardan Group hosted the 4th CSR Conference in Qatar at Al Gassar Ballroom, in the St. Regis Doha. The event was organized by Dar Al Sharq and was held under the patronage of His Excellency Sheikh Abdulla Bin Saoud Al Thani, Qatar Central Bank Governor. It focused on strategy development and business performance support in the