Monthly Archives: September 2024

Featured

Union Coop Organizes ‘Wheels of Happiness’ at Al Jalila Children’s Specialty Hospital

Dubai, UAE:

Union Coop, in collaboration with Al Jalila Children’s SpecialtyHospital in Dubai, organized an event titled ‘Wheels of Happiness’ aimed at bringing joy to young patients in the hospital’s nephrology department. This initiative is part of Union Coop’s community responsibility efforts to support and uplift children undergoing treatment, where they distributed valuable gifts to the young patients.

The event was attended by prominent figures including Mr. Mohamed Al Hashemi, CEO of Union Coop, Dr. Suhail Al Bastaki, Chief Community Relations Officer at Union Coop, Dr. Abdulla Al Khayat,Chief Executive Officer of Al Jalila Children’s SpecialtyHospital, and Dr. Ali Al Hammadi, Director of Clinical Planning & Strategic Partnerships at the hospital, along with several staff members from both sides.

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Health Care

Embracing Mobility this World Arthritis Day

October shines a spotlight on health, reminding us not to overlook it. Arthritis, a silent condition affecting one in five people in the UAE, will also be addressed as the Middle East Arthritis Foundation (MEAF) marks World Arthritis Day on October 12. Their community-centered event, themed “Let’s Keep Moving and Embrace Mobility,” is designed to enrich lives by providing essential insights and practical strategies for managing arthritis and enhancing musculoskeletal health.

World Arthritis Day is a cornerstone for raising awareness about the early detection, proactive prevention, and effective management of arthritis. As an active player in healthcare advocacy, MEAF is setting the stage for an educational and engaging gathering open to the public.

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Business & Investments

UAE and Saudi Arabia to drive expansion of the GCC retail industry, says Alpen Capital

Dubai – September 26, 2024: Alpen Capital’s latest retail sector report for the GCC projects the industry to witness growth at a compounded annual growth rate (CAGR) of 4.6 percent between 2023 – 2028, with the UAE and Saudi Arabia leading the region’s growth at CAGRs of 5.4 percent and 5.1 percent, respectively.           

The UAE-based investment banking advisory firm, Alpen Capital, launched its latest report on the GCC Retail Industry on Thursday, September 26th. The comprehensive report features in-depth analysis and forecasts for the retail sector, examining recent trends, growth drivers and challenges facing this dynamic segment. Additionally, the report profiles select retail companies operating in the region.

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Business & Investments

Al Seer Marine Expands Fleet with Delivery of two new MR Tankers: M.T. Betelgeuse and M.T. Bellatrix

  • M.T. Betelgeuse and M.T. Bellatrix are IMO II/III oil and chemical tankers, designed to carry six fully segregated grades of cargo, with a deadweight of 49,757 MT each.
  • The six state-of-the-art MR tankers are built ready for alternative fuels such as Liquified Natural Gas (LNG), ammonia, and methanol.

Abu Dhabi, September 26, 2024: Al Seer Marine (ADX: ASM), a frontrunner in various maritime industries and a subsidiary of International Holding Company (ADX: IHC), has recently taken delivery of M.T. Betelgeuse and M.T. Bellatrix, the first two in a series of six New Building MR tankers from K Shipbuilding Korea. These new additions are intended to meet the rapidly growing demand for the transportation of clean petroleum products (CPP) and chemicals.

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Real Estate

Conares to supply sustainable steel to build Victory Heights Primary School in City of Arabia, Dubai

DUBAI – September 25, 2024: Conares, the second-largest private steel manufacturer in the UAE, has announced its partnership with Interstar Education Services and Al Saraya Engineering Consultants for the development of Victory Heights Primary School in the City of Arabia, Dubai. The project highlights Conares’ ongoing commitment to sustainable development and its contribution to the region’s infrastructure through high-quality steel solutions.

As part of the collaboration, Conares will supply its specially made 18-meter rebar for the construction to Al Talaqi Building Contractor, who will execute the construction, ensuring the school meets all regulatory standards and delivers a modern, sustainable environment for students. In the construction phase, Conares has supplied 994 metric tonnes of rebar to Al Talaqi Building Contractor.

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