ALJ wins top Toyota award for fourth year in a row

March 9, 2014 3:22 am0 comments
ALJ wins top Toyota award for fourth year in a row

For the fourth year in a row, Abdul Latif Jameel Company (ALJ) won the Toyota’s Golden Excellence Award in after sales service. Mohammed Abdul Latif Jameel, president of ALJ, received the award from Takeshi Uchiyamada, chairman of the board of directors of Toyota Motor Corporation (TMC) in a special celebration […]

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Shakira opens charity school in Colombia shanty

3:18 am0 comments
Shakira opens charity school in Colombia shanty

CARTAGENA, Colombia: Lomas de Peye residents used to fear that a strong gust of wind from the Caribbean would be enough to knock down their school. Then Shakira came to their aid. The pop superstar recently traveled to this shanty town in Cartagena, on Colombia’s northern coastline, to inaugurate a […]

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Arabtec strikes deal to build Dubai townhouses for Emaar

March 8, 2014 5:44 am0 comments
Arabtec strikes deal to build Dubai townhouses for Emaar

Dubai: Arabtec Holding’s construction unit won a Dh1.04-billion ($282 million) contract from Emaar Properties to build townhouses in Dubai as the company benefits from a rebounding real-estate market. Arabtec will build 1,582 properties at Emaar’s Mira community, the first phase of Reem development located near Arabian Ranches, the company said […]

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Mega construction projects in Oman drive demand for cement

5:41 am0 comments
Mega construction projects in Oman drive demand for cement

Muscat: Oman’s cement demand is projected to grow at an annual rate of 6 per cent for the next four years, thanks to a surge in demand for the product driven by mega infrastructure projects and tourism ventures. The country’s long-term plans and initiatives to develop transport infrastructure, tourism facilities […]

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Yachts worth Dh280m sold at Dubai boat show

5:27 am0 comments
Yachts worth Dh280m sold at Dubai boat show

Yachts worth Dh280 million have been sold so far at the ongoing 22nd edition of the Dubai International Boat Show. Deals were recorded within hours of the opening of the show, said Dubai World Trade Centre, the organiser of the exhibition, on Friday. Dubai-based Sunseeker Middle East signed a deal […]

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GCC stock valuations more attractive than frontier, emerging markets

March 7, 2014 5:53 am0 comments
GCC stock valuations more attractive than frontier, emerging markets

The Gulf Cooperation Council (GCC) stock markets offer very attractive valuations and their valuations are lower than similar frontier and emerging markets, said a Global Investment House report issued on Thursday. “GCC equities began 2014 on a positive note, largely led by an uptick in earnings across key cyclical sectors […]

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Doctor, hospitals, pharmacies fined

5:42 am0 comments

RIYADH – Two hospitals, two pharmacies and a doctor have been fined a total of SR195,000 by the Ministry of Health. The owner of one of the hospitals was fined SR55,000 for not hiring a Saudi pharmacist and allowing an expatriate to dispense prescriptions without a professional license. The owner […]

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UAE waives visa requirements for citizens of 13 European Union nations

5:39 am0 comments
UAE waives visa requirements for citizens of 13 European Union nations

The UAE has extended visa on arrival privileges to citizens of 13 European member countries, it was announced on Wednesday. Starting March 22, citizens from the  following 13 states will be exempt from acquiring pre-entry visas to the UAE: Bulgaria, Croatia, Cyprus, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, […]

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Abu Dhabi Airport won’t normalise for another 24hours

March 6, 2014 2:05 pm0 comments
Abu Dhabi Airport won’t normalise for another 24hours

All flights to Abu Dhabi this morning were diverted to other airports in the region due to a technical failure of the runway landing systems at the airport, Etihad Airways clarified in a statement. The weather at Abu Dhabi has since improved and the airport has resumed limited operations. The […]

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