Tuesday, September 9, 2014

Royal Group to Invest $5 Billion in Serbia bank

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Finance and Economy
Royal Group to invest $5 billion in Serbia bank
Abu Dhabi-based Royal Group is set to invest $5 billion in establishing a bank in Serbia, AMEinfo has investigated. The international conglomerate, which is chaired by Sheikh Tahnoon bin Zayed al Nahyan, will set up 'Mirabank'...
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GAIF: Agreements and recommendations
On Thursday (September 4th) GAIF announced some of the agreements and recommendations that have been agreed upon over the last few days.
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UAE strengthens ties with Ecuador
Over the past 12 months, the UAE has enjoyed a surging economic relationship with Ecuador, which is set to expand over the coming years.
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Barclays acquisition fails to excite ADIB Investors
Having completed the acquisition of Barclays retail banking division in the UAE late on Monday (September 1st), Abu Dhabi Islamic Bank has seen little change in its market growth.
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Energy
Emirates Energy Award 2014-15 launched
The Dubai Supreme Council of Energy announced the Emirates Energy Award (EEA) for 2014-2015 at a press conference today (Sunday, September 7). Led by Saeed Mohammed Al Tayer, CEO of DEWA and president of the EEA, the biennial award, with...
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Transport and Tourism
Dubai looks East to source tourists

Dubai will gradually attract the 20 million tourists it aims to accommodate by Expo 2020, says Alpha Tours general manager, Samir Hamadeh.
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Medical cities: the next step for local healthcare industry

An increase in public-private partnerships (PPP) over the coming years will redefine the regional healthcare industry, says Sultan Batterjee CEO of IHCC.
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Etihad faces further woes as Jet acquisition deal goes under scrutiny
An Indian BJP party leader filed a Supreme Court petition to review Etihad's 24 per cent acquisition of Jet Airways in April 2013.
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Technology
Xerox switches focus to services
Those days when 'Xeroxing' used to be synonymous with photocopying are long gone, admits Xerox UAE's general manager, Andrew Horne. However, in recent years, the world's leading document management firm has "migrated from a company reliant...
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