DEWA first government organisation to use electric cars

<p>Dubai Electricity and Water Authority,DEWA , has added 8 electric cars to its fleet, thus becoming the first government organisation in Dubai to use electric cars in support of the Dubai Plan 2021 to make Dubai a smart, integrated and connected city that uses its resources sustainably.</p>.... Read more »

Posted on : 10/6/2015

Government support key for Islamic finance growth in UAE - experts

<p>The UAE has been ranked as having the world’s second most developed Islamic economy ecosystem following Malaysia</p> <p>Government support in terms of regulations and standardisation is key for the growth of Islamic economy in the United Arab Emirates, according to experts.</p>.... Read more »

Posted on : 10/6/2015

Go Sport to open its biggest store worldwide in Mall of the Emirates

<p>The store will feature cycling and running areas and a 10-metre volcano-shaped climbing unit</p> <p>French retailer Go Sport will open its biggest store worldwide at Dubai’s Mall of the Emirates, the company’s Middle East franchise unit Al Mana Group has confirmed.</p>.... Read more »

Posted on : 10/6/2015

Al Noor Hospitals in merger talks with South Africa's Mediclinic

<p>The potential deal would involve the issue of new Al Noor shares and may be classified as a reverse takeover</p> <p>Abu Dhabi-based hospital operator Al Noor said that it is in merger talks with South Africa-based healthcare chain Mediclinic International as it looks to expand its operations.</p>.... Read more »

Posted on : 10/6/2015

UAE's Shah gas project hits full output capacity - official

<p>The multi-billion dollar project has the capacity to produce one billion cubic feet of gas per day</p>.... Read more »

Posted on : 10/6/2015

UAE's energy investments on track: Minister

The UAE will continue with its investment programme to explore its massive hydrocarbon potential - and it won't be affected by the recent plunge in oil prices..... Read more »

Posted on : 10/5/2015

Dubai's RTA mulling public private partnerships for Route 2020 project

<p>An extension of the Dubai Metro’s Red Line, the Route 2020 project will connect passengers to the expo site</p> <p>Dubai’s Roads and Transport Authority is open to financing deals from public private partnerships for the Route 2020 project, a senior official has said.</p>.... Read more »

Posted on : 10/5/2015

UAE power plant JV may issue project bond in 2016

<p>The offering from Emirates SembCorp Water &amp; Power could raise up to $350m</p> <p>Emirates SembCorp Water &amp; Power, a joint venture behind the Fujairah 1 independent water and power plant, is considering issuing a project bond, its chairman told Reuters on Monday.</p>.... Read more »

Posted on : 10/5/2015

UAE minister says plans to boost oil output capacity on track

The UAE is moving ahead with its oil and gas investments despite the current drop in oil prices and expects no delays in plans to boost its crude output potential by 2017, the country's energy minister said on Sunday..... Read more »

Posted on : 10/4/2015

Main Dubai Holding unit's profit up 24%

The main trading arm of Dubai Holding, Dubai Holding Commercial Operations Group, or DHCOG, on Saturday posted a 24 per cent jump in net profit to Dh2.6 billion for the first half of 2015 compared to Dh2.1 billion in the same period in 2014..... Read more »

Posted on : 10/4/2015