News Agencies Feed

    Stock Market

    Global brands flock to Automechanika Dubai amid growing market

    AUTOMECHANIKA Dubai 2016, the Middle East and Africa’s largest automotive aftermarket exhibition, proved to be among the most successful editions yet, with hectic business deal making and networking as well as a series of product launches being among the main features of the show.


    The 14th edition of the trade and networking mega event that draws in the who’s who of the automotive industry from around"...

    Continue Reading
    Euromena III Successfully Concludes Its Third Deal

    Euromena III Successfully Concludes Its Third DealJune 27, 2016

    The EuroMena Fund is pleased to announce the investment of USD 20m in the capital of Credit Libanais SAL, one of the Lebanese leading Alpha Banks. EuroMena III took part of a sale arranged by Credit Libanais Investment Bank (CLIB) of 9.41 million shares held by EFG-Hermes, the exiting majority shareholder. On June 3rd, 2016 the Central Bank of Lebanon officially approved the transaction.


    Established in 1961, Credit Libanais SAL is a provider of a full range of banking products and services. It has an extensive network of 69 branches in Lebanon and is present in 5 other"...

    Continue Reading
    Tegan & Sara, JR JR Lit Up the Stage with Hilton HHonors in Canada

    Tegan & Sara, JR JR Lit Up the Stage with Hilton HHonors in CanadaJune 27, 2016

    Without a doubt, Tegan & Sara know how to rock Canada. Headlining after Indie Pop Duo JR JR this past Saturday, June 25, the Canada-born band helped fans and members of Hilton HHonors, the loyalty program for Hilton’s 13 distinct brands, celebrate the unique benefits of the free-to-join membership program. The concert, which took place at Hilton Toronto, is part of the 2016 Hilton Concert Series"...

    Continue Reading

    New analysis of INPULSIS® trials demonstrates efficacy of OFEV® (nintedanib) across a range of IPF patients using broader diagnostic criteria

    • For the first time the analysis shows that disease progression is similar in IPF patients identified using a broader diagnostic definition compared with the current diagnostic guidelines
    • OFEV® is effective in slowing disease progression in both diagnostic subgroups which confirms the efficacy of OFEV® across a broad range of IPF patients
    • Analysis has implications on criteria used to diagnose IPF in clinical practice as well as in future clinical trials design

    New analysis of the INPULSIS® trials show for the first time that disease progression is similar in idiopathic"...

    Continue Reading

    Mohammed bin Rashid witnesses signing of MoU between DEWA, Masdar on implementation of third phase of Solar Park in Dubai

    (WAM) --- Vice President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, today witnessed the signing of a Memorandum of Understanding (MoU) between UAE Minister of State and Chairman of Masdar, Abu Dhabi Future Energy Company, Dr. Sultan Ahmed Al Jaber, and Managing Director and CEO of Dubai Electricity and Water Authority (DEWA), Saeed Mohammed Al Tayer, on the implementation of the 800-megawatt (MW) third phase of the Mohammed bin Rashid Al Maktoum Solar Park.

    The MoU signing took place at the Presidential Palace in Abu Dhabi and was attended by H.H. Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance and H.H. Sheikh Mansour bin Zayed"...

    Continue Reading

    Barakah nuclear power plant is 65% complete

    The construction of the UAE nuclear power plant at Barakah is progressing well, with unit no one being more than 88 per cent complete.

    Unit two is 72 per cent complete, unit three is 50 per cent complete and unit four is 31 per cent complete. Overall, construction of units one to four is now more than 65 per cent complete.

    All four units will deliver safe, clean, reliable and efficient nuclear energy to the UAE grid, pending regulatory reviews and licensing.

    The construction of the Barakah Nuclear Energy Plant commenced in 2012 and all four nuclear reactors will be operational in 2020.

    At its full operational capacity, the facility will deliver up to a quarter of the UAE's electricity needs and save up to 12 million tonnes in carbon emissions every year.

    Meanwhile,...

    Continue Reading

    Emirates Airline enhances its service to Dakar, Senegal

    (WAM) --- Emirates Airline has announced that its service between Dubai and Dakar, currently operated by an Airbus A340-300, will be replaced with a Boeing 777-300ER from 2nd September 2016.

    The change to the larger Boeing 777-300ER aircraft will offer an enhanced onboard experience for Emirates’ Senegalese customers and those travelling to Dakar from across the airline’s network. The aircraft will be in a three class configuration with eight private suites in First Class, featuring automated sliding doors for privacy, personal mini-bar, and fully inclined seats; 42 lie flat seats in Business Class; and due to its bigger size, 310 spacious seats in Economy Class.

    Passengers"...

    Continue Reading