Thursday , April 19 2018


Dafza all set to highlight growing opportunities within halal sector

Dubai / Emirates Business The Dubai Airport Freezone Authority (DAFZA) is taking part in the Alimentaria 2018 Exhibition, the international business event geared towards professionals in the food, drinks and gastronomy industry, being held from April 16-19 at the Gran Via Venue – Barcelona. DAFZA will be showcasing its wide ...

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Dubai cruise terminal doubles influx of tourists

DUBAI / WAM DP World continues to boost the capabilities of Dubai’s cruise tourism sector, setting the city as a premier international cruise destination. The Dubai Cruise Terminal at Port Rashid, operated by DP World, welcomed 625,000-holidaymakers in 2016-2017 cruise tourism season, doubling the 320,000 cruise visitors that arrived in ...

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US, France, UK launch Syria strikes after chemical attack

Bloomberg The US, UK and France hit targets in Syria in retaliation for an apparent chemical weapons attack outside Damascus by Bashar al-Assad’s regime. The US allies sought to shore up international support on Saturday after overnight strikes. President Donald Trump said that missile strikes focussed on chemical weapons sites, ...

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Indian business tycoons offer to invest $192 million in Fortis chain

Bloomberg Fortis Healthcare Ltd. said it has received a joint investment proposal from two Indian business families, intensifying a race to gain control of the country’s second-largest private hospital chain. Hero Enterprise Investment Office and the Burman Family Office have made a binding offer to invest a total of 12.5 ...

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Ambani’s Jio set to roil broadband after jolting rivals

Bloomberg Billionaire Mukesh Ambani’s plan to roll out broadband internet services to Indian households this year under Reliance Jio Infocomm Ltd. has the potential to alter the segment’s competitive landscape, credit rating company S&P Global Ratings says. The new service may add $5 billion to parent company Reliance Industries’ valuation, ...

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EU regulators tell financial firms to prepare for Brexit

London / Reuters European Union regulators urged banks, investors and customers to take “timely action” to avoid disruption to cross-border derivatives and insurance contracts caused by Brexit. Britain leaves the EU in March 2019 and a “standstill” transition deal until the end of 2020 agreed last month won’t be formally ...

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