Roadmap to Promote Gcc States' Power Trade
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Complimentary Copy BRIDGING YOU TO ARAB WORLD Malaysia and the Arab World Arabic English Monthly Magazine (15th of Every Month), Issue 85,74, JanuaryFebruary 2016 2015 / /PP PP 16000/07/2013(032927) 16000/07/2013(032927) ABU DHABI'S TAQA TO SELL ENTIRE STAKE IN US WIND FARM ROADMAP TO PROMOTE GCC STATES' POWER TRADE MOU ON ELECTRICITY GENERATION FROM SOLAR POWER BY JV OF QP AND QEWC On Board More than 30 years of Experience in International Education A wide range of courses ranging from English language programmes and diplomas to degrees and post-graduate studies A variety of study options in private higher educational institutions, foreign university branch campuses and public universities Flexible external degree programmes that cater to different budgets and academic needs Excellent internationally-recognised qualifications - Close to 100,000 international students - 2% of the international student population around the world - More than 2000 courses available EDUCATION MALAYSIA / CONSULATE GENERAL OF MALAYSIA Villa , Street D, Mankhool, Dubai, United Arab Emirates + + mepceim.ae www.educationmalaysia.gov.my ASWAQ INFO MALAYSIAN ECONOMY CHALLENGE DIGITAL ISSUE The global economy is in a state of tension with increasing negative speculation following a slow and stagnant global economic condition that prevailed in 2015. It is expected that the overall global economy will witness a modest growth topping at 2.9%, as compared to a growth rate of 2.4% last year, driven by strong growth in the economies of developed CHAIRMAN EDITORIAL QATAR OFFICE: countries, at a time when the Malaysian government expects the growth Dato Noor Mohamad Mohamed Al Soofi Tel: +974 6668 2824 of its economy to grow at a slower pace this year. Mohamed Hassan Mob.: +974 33115135 The truth is what is feared most by Malaysians is economic instability, EXECUTIVE EDITOR-IN-CHIEF Maher Ibrahim Director & DG Yusuf Waswas Mohamad Al Boutary followed by a rapid collapse of the economy which could prove difficult to Dr. Abdulrahim Abdulwahid Eiad Mahmoud Yousuf manage and control on the long run. Some Malaysians think that current Abdul Karem Al Jamal OMAN OFFICE: CONSULTANT BOARD Heba Mostafa Hashem Mob.:+968 92925677 issues are due to the policies and managerial style of the Malaysian Datuk Seri Azman Ujang Zanib Abdulrahim Director government lead by Prime Minister Najib Razak, who announced that his Dato Tuan Ibrahim Mohamad Saad ART DIRECTOR government will be forced to amend the budget of 2016 for the second EXECUTIVE MANAGER Manal Basalamah PRINTING time in two years, where this amendment comes as a result of the drop Alaa Abdulwahid Superior Press Sdn Bhd in world crude oil prices, and the expected economic downturn which MARKETING PP13331/08/2013(032685) PR AND PUBLISHING Mohammed AbdulRaheem Lot2063A, Jalan Kusta, Dr. Abdulrahim Abdulwahid impacted the government’s revenue. WWW.ASWAQPRESS.COM MANAGER Amal Mahfoudh Sungai Buloh Executive Editor-in-Chief & DG At the same time, a new measures to be undertaken by the Malaysian Kawasan Industri Taman Giath Fowze [email protected] government has emerged on the horizon to cope with the new economic [email protected] DISTRIBUTION Jaya, 47000 Selangor Darul FINANCIAL MANAGER Waleed Salama situation, taking into account what is best for the people of Malaysia, as ASWAQPRESS Ehsan Sara Yasmin DISTRIBUTION CENTERS these plans need the full cooperation and positive response from the Malaysia, UAE, Saudi community of all categories. EDITING MANAGER Arabia, Anas Salman Under the current rapid economic events at the beginning of 2016, in Qatar, Kuwait and Oman the midst of the economic crisis affecting several countries worldwide, PUBLIC RELATIONS E-MEDIA Basem Ayad especially Malaysia, the issue of the ever-increasing costs of living Mohamed Al Soofi became a major concern of Malaysians, especially the increase in basic commodities and goods prices and the imposition of taxes on many of those goods and commodities. We hope that the recent government data is realistic and reflect reality, as better promises for Malaysians were made, and the beginning of the correction path for a prosperous and better future, where Kuala MALAYSIA UNITED ARAB EMIRATES No.343 (3-rd Floor) , Jalan 2570/A, Desa Sri Dubai, Deira, Abu Hail, New Safia Building, Lumpur sought to achieve an increase in the per capita income and the Hartamas, 50480 Kuala Lumpur. M. Floor, Office 53A ،Tel: +603 6201 8841 / 8842 Tel: +971 4 2972740, 2971577 [email protected] Mob.: +971 50 646 97 51 performance of the Malaysian economy, although it is a path paved with www.aswaqpress.com E-mail: [email protected] Facebook.com/aswaqpress www.mediahubintl.com hardships and obstacles. It seems that Malaysia’s economic transformation program has finally resulted in a more broad and accurate scope of achievements in all key areas of national income, the main sectors of economic, bolstered by DISTRIBUTION LOCATIONS strategic initiatives and innovation that will benefit the common people, EMIRATES AIRLINES BUSINESS LOUNGE PAVILION MALL KUALA LUMPUR SUNWAY LAGOON PARK ROYAL HOTEL KL MALAYSIAN AIRLINES (IN-FLIGHT) POPULAR BOOKSTORE including the poor and those who are in need. TIMES BOOKSTORE TIMES THE BOOKSHOP BERJAYA BOOKS WH SMITH (KLIA, LANGKAWI AIRPORT, PENANG AIRPORT) COLD STORAGE MY HERO MERCATO AEON BIG ASWAQ Magazine | January 2016 5 ASWAQ INFO ASWAQ INFO 8 ROADMAP TO PROMOTE GCC STATES' POWER DUBAI'S HEALTHCARE FREE ZONE SETS UP TRADE INDEX INVESTMENT AND EDUCATION SECTORS index 20 11 12 17 UAE EQUITIES EXPECTED UAE’S SEED AND FERTILISER TRADE SET TO BE REGULATED TO FACE CHALLENGING YEAR AHEAD 14 MOU ON ELECTRICITY GENERATION FROM SOLAR POWER BY JV OF QP AND QEWC 18 QATAR PLANS TO START US$10BN BARZAN GAS PROJECT IN 2016 ABU DHABI'S TAQA TO SELL ENTIRE STAKE IN US WIND FARM 6 ASWAQ Magazine | January 2016 ASWAQ Magazine | January 2016 7 REPORT REPORT DUBAI'S ASTER TO INVEST US$136M IN GCC HEALTHCARE OVER NEXT TWO YEARS DUBAI'S HEALTHCARE FREE ZONE Dubai – “ASWAQ” SETS UP INVESTMENT AND Dubai-based Aster DM Healthcare has announced plans to invest US$136 million in the Gulf over the next two years, as it continues EDUCATION SECTORS to expand its operations in the region. This was revealed during the company’s inauguration of Aster DM Medical Centre in Gudaibiya, Dubai – “ASWAQ” Bahrain providing affordable healthcare services in the kingdom. Dubai Healthcare City (DHCC), the world's largest healthcare free zone, has revealed two new operational sectors focusing The Medical Centre was inaugurated by the Cabinet Aster's multi-specialty clinic in Gudaibiya will mainly on investment and education. Affairs Minister, Mohammed bin Ibrahim Al Mutawa, include Internal Medicine, Paediatric, Obstetrics & on behalf of Prince Khalifa bin Salman Al Khalifa, Gynaecology, ENT, Dermatology, General Surgery, Dubai Healthcare City Authority - Investment will focus and report directly to the DHCA Board, under the Prime Minister of Bahrain. Al Mutawa reaffirmed the Orthopaedic Surgery, Dentistry, General Medicine on leveraging DHCC's global healthcare standards direction of Princess Haya Bint Al Hussein, wife of Bahrain government's commitment to push private supported by paramedic services including as well as strengthening its medical tourism portfolio Sheikh Mohammed Bin Rashid Al Maktoum. sector investments in the healthcare sector and Physiotherapy, X-Ray, Ultrasound, Laboratory, of healthcare services. Bader Hareb has been DHCR’s CEO, Dr Ramadan Alblooshi, will handle encourage the opening of more medical centres. Audiology & Speech therapy and Pharmacy. appointed its CEO and will work towards delivering the licensing of healthcare professionals and providers Dr Azad Moopen, chairman and managing director Aster’s first multi-specialty medical centre in Bahrain required infrastructure to strengthen DHCC’s position as well as other businesses operating throughout the of Aster DM Healthcare, said: "Over the past few will serve one of the most populated areas in Bahrain as a leading destination for medical tourism in the free zone. months, we have worked closely with the government with over 500,000 residents, of which 67 percent are region. Announcement of the two new operational sectors of Bahrain and Ministry of Health to find the right expatriates. Dubai Healthcare City Authority - Education, which will resulted from the successful conclusion of the opportunities to support its health improvement "The facility promises to raise the standard of health oversee development of the Mohammed Bin Rashid collaboration with TECOM Group, a member of Dubai strategy. in Bahrain with its comprehensive, affordable and University of Medicine and Health Sciences, part of the Holding. "We have focused on delivering affordable, quality healthcare including laboratory and radiology Mohammed Bin Rashid Academic Medical Centre, "This plan was always the next step in our evolution specialized healthcare to cater to the growing departments, " said Alisha Moopen, executive director has appointed Dr Amer Ahmad Sharif as CEO. and with this new structure, we have achieved our patient traffic and the risk of non-communicable and group CEO for Hospitals and Clinics in the GCC. DHCC will operate through an independent regulatory objective of separating the regulatory from the diseases. With these core objectives, Aster aims to arm - Dubai Healthcare City Authority - Regulation - operational," said Princess Haya. provide exemplary and quality public healthcare for which will regulate