Mubadala invests in Indian firm Manipal Health Enterprises
Mubadala Investment Company, an Abu Dhabi-based global sovereign investor, has announced that it is investing in Manipal Health Enterprises (Manipal). Temasek, a Singapore-headquartered global investment company, will continue to hold a majority stake in Manipal. Manipal was founded by Dr. Ranjan Pai in 1991 and rapidly grew from its roots in Bangalore to build a […]
Dubai DET pens deal with Microsoft to foster innovation
The Dubai Department of Economy and Tourism (DET) has signed an agreement of intent with Microsoft, the US multinational technology giant, to accelerate the emirate’s innovation roadmap. DET said in a statement that this collaboration signifies a dedicated effort to enhance the emirate’s digital economy growth, innovation, and development in line with the goals of […]
Dubai gears up for largest Gulfood; to draw 5,500 firms
Gulfood, one of the largest annual food and beverage sourcing events in the world, is set to kick off this month in Dubai featuring a record 5,500+ exhibitors and visitors from over 190 countries across the globe and with a footprint spanning 24 halls, according to event organiser Dubai World Trade Centre (DWTC). To be […]
ECS to draw 60 Italian firms to Watch & Jewellery Show
Expo Centre Sharjah (ECS) and the Italian Artex group discussed boosting Italian participation to over 60 companies at the ongoing 53rd Watch & Jewellery Middle East Show. The two sides also touched on enhancing the Sharjah business community’s engagement in Italian exhibitions. During the Watch & Jewellery Middle East Show, hosted by ECS from January […]
Sharjah Islamic Bank-Noqodi to enhance digital payments services
Sharjah Islamic Bank (SIB) has forged a strategic alliance with Noqodi, a top financial technology firm and payment gateway owned by Emaratech Group, to elevate digital payment services, a report said. The agreement to significantly improve the digital and electronic payment offerings available to SIB’s corporate and individual business customers, was signed at SIB headquarters […]
Nakheel awards contract for Rixos Bay residential villas
Dubai-based master developer Nakheel has awarded the main contract for the construction of residential villas within its contemporary waterfront project, Rixos Dubai Islands, Hotel & Residences, the exclusive contemporary waterfront residential retreat offering sophisticated beachfront homes and upscale amenities. Rixos Dubai Islands, Hotel & Residences, will be home to over 80 resorts and hotels, including […]
Emirates President Tim Clark to send own engineers to Boeing over safety concerns – FT
Emirates President Tim Clark has hit out at Boeing once again, warning that the US plane maker was in the “last chance saloon” as the company faces scrutiny over safety issues following January’s Alaska Airlines incident. Shortly after takeoff, a section of the fuselage blew out mid-air on a 737 Max 9 aircraft operated by […]
Interview: Ireland forging ahead to grow trade with UAE – Dara Calleary
Ireland’s commitment to growing its trade relationship with the UAE was reinforced by the latest in a series of ministerial visits by Irish politicians, as Dara Calleary, Minister for Trade Promotion, Digital and Company Regulation, attended Arab Health to promote Irish health tech and held ministerial summits and meetings with Emirates, Dubai Airport Authority and […]
Dubai retail giant Apparel Group to open 29 stores, expand to Philippines
Dubai-based Apparel Group is set to open an additional 29 retail stores in the UAE this year and plans to expand into other emerging markets, including the Philippines and Hungary. The fashion and lifestyle retail conglomerate, whose portfolio includes 2,100 retail stores, confirmed the expansion plans on Friday as it opened five outlets at Al […]