Volasertib, Boehringer Ingelheim´s investigational treatment of acute myeloid leukaemia, is granted ‘orphan drug designation’ in the EU and the US

Volasertib, Boehringer Ingelheim´s investigational treatment of acute myeloid leukaemia, is granted ‘orphan drug designation’ in the EU and the USApril 17, 2014

  • An orphan drug is a medicine that treats a rare disease
  • Although a rare disease, acute myeloid leukaemia is one of the most common adult leukaemias1
  • EMA & FDA recognise volasertib’s promise as a potential new treatment for patients with acute myeloid leukaemia who are not eligible for intensive treatment
  • Currently %40% of AML patients are unlikely to benefit from intensive therapy options2


For media outside of the US and UK only

Boehringer Ingelheim announced today that the US Food and Drug Administration (FDA) and"...

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A Landmark 15th Year for Mindtree: Revenue Crosses Half a Billion Dollars, Recommends Special Dividend and 1:1 Issue of Bonus Shares

A Landmark 15th Year for Mindtree: Revenue Crosses Half a Billion Dollars, Recommends Special Dividend and 1:1 Issue of Bonus SharesApril 17, 2014

Mindtree, a global information technology services company, announced its results today for the fourth quarter and year ended March 31, 2014, as approved by its Board of Directors.


“FY14 has been a momentous year for Mindtree. We crossed half a billion dollars in revenues, USD 100 million in operating profits and INR 100 of EPS. As we celebrate this success, I would like to thank all our clients, partners, investors and Mindtree Minds for their immense faith and contribution. We have progressed well in our journey to increase our strategic relevance to our clients."...

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Etihad signs interline agreement with Fiji Airways

Etihad Airways and Fiji Airways have signed an agreement that will cement ties between the two carriers in the future.


The interline agreement will allow each airline to sell seats for the other to facilitate easier travel and booking connections for passengers.


Besides, it will allow the sale from and to 12 cities in Europe, 17 in the Middle East, five each in Africa and North America, 29 in Asia and three in Australia – to and from Fiji – Etihad said in a statement.


“[This is] not a fully fledged codeshare – although it’s clear from the ongoing"......

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Dubai’s construction job market booms on demand

Here is the latest proof that the job market in Dubai, especially in the construction field, is witnessing a boom.


The Dubai Municipality has announced a staggering 6,000 contractors and over 650 engineering consultancies registered with the Building Department in the first quarter of 2014.


The director of the Department Khalid Mohammed Saleh said in a Press statement that this is an indication that job market in Dubai, especially in the field of construction, is witnessing a boom with remarkable pace. According to him, 6,078 contractors as well as 662 engineering consultancies registered at the department till the end of first quarter of the year. He said these figures are far higher than that of last year during same period.


"......

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Dubai’s hospitality sector outdoes regional growth

Driven by a buoyancy in tourism and business, Dubai’s hospitality market continued to outperform an upbeat regional trend, posting around 10 per cent jump in average room rates in January 2014 compared to the same 2013 period despite the entry of nearly 3,000 new hotel rooms last year, a research report by Ernst & Young said.


The market has rapidly absorbed the influx of new hotel room supply and continued to perform exceptionally well, showing a jump in average room rates from $308 in January 2013 to $337 January 2014, resulting"...

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Cyprus keen to boost ties with UAE

Nicos Anastasiades, President of the Republic of Cyprus, called upon UAE and Cyprus businesses to benefit from the extraordinary efforts of their respective governments in enhancing economic cooperation between the two sides.

The Government of Cyprus is committed to enhancing co-operation between our business communities in every possible way, he said adding that this UAE-Cyprus Business Forum attended by the strong 50-member delegation including ministers and deputy ministers and business leaders from Cyprus is evidence of this commitment.

Speaking at the UAE-Cyprus Business Forum organised by Dubai Chamber of Commerce and Industry in partnership with the Cyprus Ministry of Energy, Commerce, Industry and Tourism and Cyprus Chamber of Commerce and Industry in Dubai, Anastasiades...

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