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    UAE donates $30m to global polio eradication drive

    The UAE has donated $30 million to the Global Polio Eradication Initiative in the US city of Atlanta that will help drop the level of global polio infections down to zero.

    This was announced by UAE Ambassador to the US Yousef Al Otaiba as he joined Gates Foundation co-chairman Bill Gates and other members of the global drive at the Rotary International Convention, along with representatives from other donor nations, such as Canada, Germany, Japan, and the European Commission.

    The partnership between the UAE government and the Bill &"...

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    Business confidence falls across the Middle East with further decline in sentiment expected

    Business confidence falls across the Middle East with further decline in sentiment expectedJuly 23, 2017

    Business confidence across the Middle East has fallen sharply in the last quarter and is now at its lowest level since the second quarter of 2016, according to the latest edition of the Global Economic Conditions Survey (GECS).

    The region is also likely to face further challenges over the coming year, according to the quarterly survey of global CFOs and finance professionals, conducted by ACCA (the Association of Chartered Certified Accountants) and IMA (the Institute of Management Accountants).

    “The"...

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    President of Arabic Language Academy of Jordan suggests unified Arabic academy in Makkah

    President of Arabic Language Academy of Jordan suggests unified Arabic academy in MakkahJuly 23, 2017

    There should be one unified Arabic language academy, instead of the 12 academies currently existing in the Arab world, and its headquarters should be Makkah City, said Khalid Al Karaki, President of the Arabic Language Academy of Jordan, the institution that won the King Faisal International Prize 2017 for Arabic Language and Literature.

    Al Karaki made this observation while delivering a lecture titled, ‘The Arabic Language Academy of Jordan’s experience in preserving the Arabic language’, organised by the General Secretariat of the King Faisal International Prize last month at the"...

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    Despite drop, Dubai rents give investors good yields

    Expect further rent drops during the summer. However, those of you living in central locations are likely to see rents stabilising by next year while those in secondary locations can see prices softening further. This is as per a market report issued by real estate consultancy Core Savills.

    Rents in Dubai continued to soften across the board in the second quarter, with only one exception in Dubailand, possibly due to low entry level rents. 'Tenants are increasingly conscious of current market conditions and many have successfully renegotiated contracts while others have shifted homes, either upgrading to a better unit at a similar or lower rent' says David Godchaux, CEO of Core Savills.

    "...

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    Emirates-flydubai deal 'will boost midmarket hotels'

    The Emirates-flydubai tie-up will boost Dubai’s burgeoning midmarket hotel industry, hotel chiefs claim.

    A combined fleet of wide- and narrow-body aircraft, plus the alignment of frequent flyer loyalty programmes, will serve to attract more tourists to the emirate and help it meet its target of 25 million visitors by 2021.

    This in turn will provide a fillip to the hotel industry – in particular, economy and midscale offerings as low-cost carrier flydubai gains access to Emirates’ network, according to the heads of some of the UAE’s biggest hotel chains.

    "...

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    UAE is hiring nursing students

    If you have been planning to take up nursing, this is the best time to go for a course since the UAE is giving a huge impetus to the nursing profession and offering jobs to nursing students.

    The Ministry of Health and Prevention is hiring seven nursing students who got their Bachelor's degrees and completed their four-year studies under the 'enhancing the attractiveness of nursing as a profession initiative'.

    Also 17 nurses who were part of the Nursing Bridging Programme and another eight from the Master's Programme in Nursing will be joining back from their"...

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    Dubai's DP World to advise on Indonesian port expansion

    Dubai port operator DP World has signed an agreement with the Indonesian government to advise on the development of the Kuala Tanjung greenfield port and logistics zone and Belawan port in North Sumatra.

    As part of the contract, DP World will share its expertise and experience in increasing efficiencies, training and development for employees and developing multi-modal transport hubs, a statement said.

    DP World Group chairman and CEO, Sultan Ahmed Bin Sulayem, said: 'This partnership highlights Indonesia’s efforts to accelerate development of its ports and trade infrastructure, something we can help with given our global experience of advising governments on connecting with international"...

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