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In "BUSINESS"
September 27, 2018
Minister to Air France-KLM boss: Fix airline before talk of stake sale
September 27, 2018
IMF bumps up Argentina bailout package to $57 billion
MADRID — Thousands of drivers for ride-hailing services Uber and Cabify, waving flags and chanting slogans such as "we want to work", marched down Madrid's central boulevard on Thursday ahead of plans by the government to tighten regulation.
Drivers from both companies, which have faced complaints from taxi drivers all over the world for allegedly providing unfair competition, offered free rides for 12 hours a day before the strike, business association Unauto said.
In Spain, there are almost 11,000 vehicles with ride-sharing licences and more than 65,000 with taxi licences, Public Works Ministry data shows, with more than 150,000 taxi drivers and 15,000 Uber and Cabify drivers operating throughout the country.
Cabify driver Juan Antonio Sastre, 57, who left the ranks of...
September 27, 2018
Uber, Cabify drivers strike in Madrid to protest against planned law changes
DUBAI — Frozen Ribbons Shaved Ice Cream, awarded ‘the best frozen treat concept’, opened its first store in the UAE serving delicious creamy ribbons of paper-thin ice creams topped with a variety of toppings, syrups, & fresh fruits. What’s more, the unique store ambience with glowing furniture, a ground foggy floor atmosphere and an affordable and attractive menu draws customers making it an exciting experience for all ages.Frozen Ribbons hosted a grand opening event to announce the opening of their flagship store in Dubai in Jumeirah (Al Wasl Road) at Lamar Mall. The event was attended by a host of VIP names including Shadi Dawi, the F&B Concepts and Events Management professional, Ms. Sanaa Hnaina, the Concept HR/marketing partner, Ali Al Hussaini, Concept finance partner,...
September 26, 2018
Frozen Ribbons opens its first store in Dubai
September 26, 2018
ICD signs MoUs with Tashkent banks
September 26, 2018
TOUS opens 22nd store in Kingdom
September 26, 2018
Virgin Megastore set to open its biggest branch in ‘Riyadh Front’
RIYADH — The healthcare market in Saudi Arabia requires an estimated $23.6 billion – $37.3 billion new investment as the population grows at a rate of 2.65% per annum, said Colliers International, the global commercial real estate leader, in its latest white paper on the healthcare sector in the Kingdom.The report, which is the 8th edition in their series of research papers on healthcare in the MENA region, revealed that based on historical population growth rate of 2.65% per annum, by 2030, KSA will require an additional 50,000 new beds (with current ratio of 2.23 beds per 1,000 population) and over 110,000 bed (with world average of 2.7 beds per 1,000 population) and almost 40,000 more doctors.Mansoor Ahmed, Director of Healthcare, Education and Public Private Partnerships (PPP),...
September 26, 2018
Saudi healthcare market
needs $37.3b investment
DUBAI — Gulf Cooperation Council (GCC) countries are investing heavily in state-of-the-art labs, university buildings, and research facilities. Their total capital expenditure from 2010 to 2030 will reach $38.4 billion. However, so far, they have not put similar efforts into high quality research and development, according to a recent study by strategy consulting firm Strategy& Middle East (formerly Booz & Company), part of the PwC network. Consequently, GCC countries require importing knowledge, which is often difficult to adapt to the specific context of Gulf States, or may not even be available.The study revealed that R&D spending (including capital expenditures) is much lower in GCC countries compared to their global peers. R&D spending in the UAE, for example, amounts to 0.9% of...
September 26, 2018
GCC total capex in
research facilities
at 38.4bn by 2030
September 26, 2018
Accenture brings digital innovation to
the fore at GITEX Technology 2018
