Serco report: Soft facilities management in the UAE healthcare sector can save the government up to 30%

Serco's CEO Phil Malem shares his vision for outsourcing services in the UAE after report suggests outsourcing can reduce risks of project...

EGA pays off Al Taweelah project finance facilities early

EGA’s financing has been reduced by over $1 billion in the last two years and now consists of a senior term loan...

Etihad Airways to divest service businesses to ADNEC and ADQ’s new aviation firm

Proposed transaction will support the ongoing transformation of Etihad Airways and the future growth of the civil aviation sector in Abu Dhabi,...

Medallion Associates’ asset portfolio in UAE could reach $4 billion in 2022

Firm earmarks $200 million as part of a strategy to "support the property industry and attract new investors and start-ups". Medallion Associates,...

Saudi Fund for Development inaugurates two ‘vital projects’ in Sri Lanka

Since its inception, SFD has issued 15 development loans to Sri Lanka totaling $425 million. The Saudi Fund for Development (SFD) represented...

Abu Dhabi limits indoor numbers to 50 people in new COVID-19 measures

New guidelines for hosting indoor and outdoor social events and family celebrations enhance measures and protect public health, says ADECDC. The Abu...

Historic Al Bithnah Nature and Heritage Trail inaugurated in Fujairah

Etihad Rail-led project is the the UAE's first community-built tourism trail . Etihad Rail, Emirates Nature-WWF, Fujairah Municipality, the Fujairah Environment Authority...

Bee’ah Tandeef launches UAE’s first used cooking oil recycling programme

Once collected, Bee’ah Tandeef will turn the waste cooking oil into biodiesel. Bee’ah Tandeef has launched a used cooking oil recycling service,...

The UAE is the Middle East’s ‘most globalised country’, finds DHL report

An attractive domestic business environment may boost a country’s global connectedness even more than traditional pro-globalization policies, it adds. The United Arab...