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Sharjah real estate leading growth in emirate

Sharjah's real estate sector is leading the economic growth of the emirate and is contributing to a balanced share of the emirate's GDP, said Abdul Aziz Ahmed Al Shamsi, director general of the Sharjah Real Estate Registration Directorate.

Speaking on the second day of the Acres Real Estate Investment Exhibition 2019, he said: 'The emirate of Sharjah represents an attractive destination for housing and investment due to its various competitive advantages, including its unique"...

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Abu Dhabi investors take part in $100m security token offeringMarch 21, 2019

Abu Dhabi investors are taking part in Sumner Group's plan to raise up to $100 million through a security token offering (STO), the largest seen so far in the Middle East.

The company is raising funding through its Singapore-registered subsidiary, Sumner Global, which will sell the SGHX token, the company said in a statement.

Funds raised will support the growth of SGH’s portfolio companies and its first major UAE-based acquisition, currently under option, as SGH readies itself for a London Stock Exchange debut, it added.

Abu"...

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UAE asks Pfizer to update side effects of 2 drugs March 21, 2019

The Ministry of Health and Prevention has issued an advisory on the use of two medicines produced by the pharmaceuticals giant, Pfizer.

According to the ministry, the company updated the list of side effects caused by the two medicines used for treating rheumatoid arthritis, Psoriatic arthritis and Ulcerative colitis.

The medicines, (Xeljanz 5mg) and (Xeljanz XR 11mg), distributed locally by Gulf Drug, have the active substance Tofacitinib that in high doses increases the risk of forming blood clots in the lungs.

The"...

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How Etihad Airways plans to revolutionise the airport experience

Etihad Airways and Elenium, a provider of automation technology solutions, have announced plans to revolutionise the airport check-in experience.

The companies will demonstrate how a newly developed voice activated self-service kiosk, bag drop and boarding gate facility will improve the travel experience at the Passenger Terminal Expo in London next week.

Using cloud technology, artificial intelligence (AI), computer vision and natural human interfacing, Etihad Airways and Elenium aim to show how they will change the way consumers travel.

Under"...

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Dubai Mall to launch the UAE's first in-mall childcare service

The Dubai Mall has announced plans to introduce the first in-mall childcare service in the UAE.

Launched in partnership with Malaak Mama & Baby Care, a maternity and childcare organisation, the exclusive service will add to The Dubai Mall’s growing portfolio of services being made available for the convenience of guests.

Launching on Thursday, the service offers mums or pregnant mothers the support of one of Malaak’s trained childcare professionals, offering on-the-go childcare service and an overall stress-free visit to the mall.

From"...

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Etihad in talks to solve Jet woes

Etihad Airways is in discussion with banks and various stakeholders of the debt-ridden Jet Airways to find a solution, the UAE national airline said on Wednesday amid reports about the possible sale of its entire stake in the Indian carrier.

Responding to Khaleej Times' query on its widely reported talks with State Bank of India on selling the entire 24 per cent stakes in Jet Airways, an Etihad spokesperson stated: 'As a minority shareholder, Etihad is working closely with Indian lenders, the company and key stakeholders to facilitate a solution for Jet Airways.'

According"...

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ADNOC wins MEED 'Oil and Gas Project of the Year' award

ABU DHABI, 20th March, 2019 (WAM) -- The Abu Dhabi National Oil Company, ADNOC, has won the 'Oil and Gas Project of the Year' accolade at the 2019 MEED Projects Awards.

The award was presented to ADNOC for the Taweelah Gas Compression Plant project that was completed in record time, under the highest safety standards. The award recognises Taweelah’s strategic importance to the UAE’s gas security and ADNOC’s commitment to providing a sustainable and economic gas supply to the UAE.

The Taweelah Gas Compression Plant, located 50 kilometres north of"...

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