Dubai has kicked off the 50th edition of the Arab Health Exhibition and Congress, the largest and most comprehensive healthcare event in the Middle East. The event, held at the Dubai World Trade Centre from January 27 to 30, is expected to break records with over 3,800 exhibitors and more than 60,000 visitors. His Highness...
Nasdaq futures fell sharply in early Asian trading hours on Monday following concerns about China’s DeepSeek, which recently introduced an advanced AI model. The model is being seen as a potential disruptor in the US tech industry. S&P 500 futures dropped by 1%, while Nasdaq 100 futures slid by as much as 1.9%. The losses...
PureHealth, a leading healthcare group in the Middle East, has confirmed its acquisition of a 60% stake in Hellenic Healthcare Group, a major private hospital operator in Greece and Cyprus. The deal, valued at $2.3 billion, marks PureHealth’s significant entry into the European healthcare market. Hellenic Healthcare operates 10 hospitals and 16 diagnostic centers across...
AMMROC, a leading name in military maintenance, repair, and overhaul (MRO) solutions in the Gulf region, has partnered with UK-based aerospace engineering company Marshall. Both companies recently signed a Memorandum of Understanding (MoU) to explore ways to expand their market reach and improve their service capabilities. The partnership will focus on combining AMMROC’s advanced MRO...
The UAE has taken a major step toward advancing healthcare by launching its first Stem Cells Research Centre. The facility, based at United Arab Emirates University in Al Ain, is part of the country’s ambitious plan to lead in regenerative medicine and develop innovative medical solutions. The centre, which opened today, was inaugurated in the...
Abu Dhabi Commercial Bank (ADCB) has unveiled an ambitious growth strategy that aims to double its net profit to Dh20 billion within the next five years. The bank targets an annual growth rate of approximately 20 percent during this period. Additionally, ADCB plans to increase its year-on-year paid-out dividends to around Dh25 billion, reflecting a...
His Highness Sheikh Mohamed bin Zayed Al Nahyan, the President of the UAE, welcomed Georgian Prime Minister Irakli Kobakhidze on Monday during his working visit to the UAE. The meeting took place at Qasr Al Shati in Abu Dhabi, where both leaders engaged in discussions aimed at enhancing cooperation between the UAE and Georgia. The...
In 2024, the Emirate of Ajman recorded a total of 15,125 real estate transactions, with a combined value exceeding AED 20.5 billion. This represents a significant growth of 21% compared to the previous year, showcasing a robust performance in the real estate sector. Sheikh Abdulaziz bin Humaid Al Nuaimi, Chairman of the Ajman Department of...
His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued an Emiri Decree to establish and organize the Sharjah Creative Quarter (SCQ) as of January 27, 2025. This new initiative aims to create a dedicated hub for innovation and creativity, equipped with the legal authority and the...
Abu Dhabi is set to host the International Defence Exhibition (IDEX) and Naval Defence Exhibition (NAVDEX) from February 17 to 21, 2025, at the ADNEC Centre. Under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the exhibitions will feature a wide range of products across land, air, sea, and space, reinforcing...