UAE's Medcare partners with Israel hospital to boost medical services

The Aster DM Healthcare Group's Medcare Women & Children Hospital in the United Arab Emirates recently signed an agreement with Sheba Medical Center in Tel Aviv, Israel, to "facilitate knowledge exchange across various specialties.".... Read more »

Posted on : 5/3/2021


Dubai plans to massively redesign and construct public parks across the emirate

The creative arm of the Government of Dubai Media Office, Brand Dubai and Dubai Municipality have recently publicized a conglomerate to redesign public parks across the emirate to create them more engaging to visitors as creative, social and natural spaces..... Read more »

Posted on : 4/29/2021


Gulf African Bank, Toyota Kenya Sign Trucks Financing Deal

Islamic lender Gulf African Bank (GAB) has partnered with motor dealer Toyota Kenya to offer finance to customers buying Hino trucks and buses as well as Hilux pickups..... Read more »

Posted on : 4/28/2021


UAE Switching to Green Lights

Only fluorescent and LED lamps will be used in the UAE by the middle of 2013, as the Emirates Authority for Standardisation and Metrology expands its range of performance standards to include more electrical appliances such as washing machines and refrigerators. According to the latest regulations, all light bulbs sold and used in the country must be classified as environmentally friendly..... Read more »

Posted on : 4/12/2021


Sheikh Mohammed authorizes $8.2bln financial assistance to companies to boost UAE economy

His Majesty Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, has accepted the Emirates Development Bank (EDB) Strategy, which will offer a sizable AED30 billion in financial assistance to companies and start-ups, as a significant move toward driving the national economy..... Read more »

Posted on : 4/7/2021


UAE signs $3bn investment agreement with Iraq

The United Arab Emirates has agreed to spend $3 billion in Iraq as part of an effort aimed at "solidifying trade and investment links, tapping new opportunities of cooperation, and spurring developmental and socio-economic growth in Iraq.".... Read more »

Posted on : 4/7/2021


Sterlite Technologies Ltd Bags Rs 700-Crore Deals from Telecom Firms in UAE, Africa

Broadband technology company Sterlite Technologies Ltd NSE 2.18 % in March announced to have requested deals of over Rs 700 crore from telecom firms in Middle East and Africa (MEA), taking the company's total order book to over Rs 11,300 crore. The deal includes building infrastructure for 5G, 4G and FTTX for a leading telecom company in the UAE. It also got a deal from North Africa to deploy digital billing solutions for 70 lakh subscribers. .... Read more »

Posted on : 4/7/2021


Dubai Awards $147 Million Rail Contract to Franco-Japanese Group

Dubai's Road and Transport authority said on 13th March it had awarded a USD 147 million (AED 542 million) contract for the operation and maintenance of its rail services to a French-Japanese consortium. .... Read more »

Posted on : 4/7/2021


UAE's Mubadala to invest $1b in the UK's health and life sciences

The Abu Dhabi government's sovereign investment company, Mubadala Investment Co, has signed a long-term deal with the UK Investment Office to invest £800 million ($1 billion) in life sciences and healthcare growth in both countries..... Read more »

Posted on : 4/6/2021


Gulf Capital invests $60m in health-tech firms in the United States

Gulf Capital, based in Abu Dhabi, announced the acquisition of two healthcare technology firms in the United States for $60 million, and its CEO said that the investment company plans to grow in the coming year..... Read more »

Posted on : 4/6/2021