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Blue-collar workers underserved by existing UAE hospitals, says Aster DM chairman

Blue-collar workers underserved by existing UAE hospitals, says Aster DM chairman

There is a “dearth” of hospitals catering to the UAE and GCC’s large population of expatriate blue-collar workers, according to Dr Azad Moopen, chairman and managing director of Aster DM Healthcare.

Speaking to Arabian Business, Dr. Moopen said that he believes the ‘premium’ hospital market is rapidly becoming oversaturated, while the number of bed

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Saudi prince sees deal with Kuwait to restart oil fields 'soon'

Saudi prince sees deal with Kuwait to restart oil fields 'soon'

Saudi Arabia’s crown prince said he’s getting close to striking a deal with Kuwait about two jointly owned fields that can produce half a million barrels a day of crude.

“We believe that we are almost close to having something with Kuwait,” Crown Prince Mohammed Bin Salman, who met with Kuwait’s Emir Sheikh Sabah Al-Ahmed Al-Sabah on Sunday, said i

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Saudi Arabia to double its SoftBank investment with extra $45bn

Saudi Arabia to double its SoftBank investment with extra $45bn

Saudi Arabia is preparing to double-down on its bet that Masayoshi Son can pick the technology giants of the future.

The fund will make another $45 billion investment in Son’s second massive Vision Fund.

The Public Investment Fund, or PIF, is set to make the investment as it looks for ways to deploy a $170 billion windfall it’s expecting over the n

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Lebanese fashion designer Zuhair Murad eyes IPO

Lebanese fashion designer Zuhair Murad eyes IPO

Lebanese fashion designer to the stars, Zuhair Murad, is considering an initial public offering (IPO) for his Beirut-based multi-million dollar fashion house.

Speaking to Arabian business, the designer said he plans on taking the company public "someday". However, he expressed concerns of brand authenticity following the sale of shares.

“[I often t

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Saudi crown prince says economic reforms 'on track'

Saudi crown prince says economic reforms 'on track'

Saudi Arabia’s ambitious attempt to overhaul its oil-dependent economy is on track and indicators that suggest otherwise - like a surge in unemployment and a slump in foreign investment - will soon change direction, the kingdom’s crown prince said.

The jobless rate, now the highest in more than a decade at 12.9 percent, will start falling next

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