News Agencies Feed

    Stock Market

    DIFC 3,692.46

    Free heart-health services on Lifeline Heart Day

    To mark World Heart Day this week, LifeLine Hospital in Jebel Ali tomorrow, Friday, is offering a suite of free heart-health services to encourage communities to become more ‘heart aware’ and to learn about cardiovascular diseases and the benefits of healthy living.

    Statistics by World Heart Federation, 17.1 million people die every year globally from heart disease and strokes and at least 80% of premature deaths are preventable through a healthy diet and regular physical exercise.


    Continue Reading

    Dubai rents down 1% in Q3; villa rates fall 11%October 7, 2015

    The Dubai residential market saw a marginal decline of one per cent in rents in the third quarter of 2015, said a report issued by consultancy JLL.

    The sales market continued its downward trend, with villa prices declining by 11 per cent over the year to August. The general sales index dropped 10 per cent Y-o-Y in August.

    Tighter government regulations, higher inflation, fall in oil prices and a stronger dollar have"...

    Continue Reading

    Financial inclusion 'central' to Islamic financeOctober 7, 2015

    Financial inclusion should be central to global Islamic finance, and more measures are needed to achieve that goal as the industry's size is set to grow to $3.25 trillion in five years, speakers at the Global Islamic Economy Summit 2015 said.

    Despite its rapid growth, the Islamic finance industry is weak in the area of financial inclusion, an area that has gained importance as a policy objective both in traditional and Islamic finance, Prof Rifaat Ahmed Abdel Karim, CEO of the International Islamic Liquidity Management Corporation in Malaysia, said.


    Continue Reading

    Sharjah watch, jewellery show opens with 50% more footprint

    The 39th MidEast Watch & Jewellery Show opened doors on Tuesday with 50 per cent bigger space and the world's heaviest gold ring is also on display for the first time at the show.

    Jewellery lovers have a lot to look forward to as the region's most anticipated jewellery event got under way at Expo Centre Sharjah.

    The five-day jewellery show was opened by Shaikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler"...

    Continue Reading

    Dubai Chamber study explores untapped Islamic economy potential of the African market

    A Dubai Chamber of Commerce and Industry study reveals the presence of large investment opportunities in the untapped sectors of Islamic economy in the African continent, especially in the field of Islamic finance, halal food and tourism, in Africa’s south and east markets offering lucrative investment options for UAE investors in the various areas of the promising Islamic economy sector.

    The highlights of the study which will be fully published during the Africa Global Business Forum in Dubai next month, was launched during a press conference by Dubai Chamber on the 2nd day of the Global Islamic Economy Summit organised by Dubai Chamber and the Dubai Islamic Economy Development Centre in collaboration with"...

    Continue Reading

    UAE money rates hit multi-year highs

    Money market rates in the UAE hit their highest levels in roughly two years on Tuesday as low oil prices slashed state oil revenues, leaving banks with less money to lend.

    The economies of the rich Gulf Arab oil exporters have so far coped well with the plunge of crude prices since last year. Heavy government spending and strong activity in sectors other than energy have kept economies growing solidly.

    But a jump"...

    Continue Reading

    Dubai Healthcare City releases operational review

    Dubai Healthcare City, the world’s largest healthcare free zone, recently released its operational review, updating the market on projects across the range of its activities, demonstrating positive momentum in healthcare, medical education, and regulation through the first half of 2015.

    Compared to the same period in 2014, its strategic projects in medical education and wellness lead growth, driving confidence to achieve strong second half results.

    Dr Raja Al Gurg, Vice-Chairperson and Executive Director of the Dubai Healthcare City Authority, said"...

    Continue Reading