Sunday 29 November 2015

Fortis to manage Dubai healthcare units

India-based Fortis Healthcare Limited (Fortis), a leader in the integrated healthcare delivery sector in Asia, has entered into a strategic tie-up with Majid Al Futtaim Healthcare, a unit of UAE-based Majid Al Futtaim Ventures, to operate and ma


Fortis joins VW Design to launch new watch

Fortis, the manufacturers of contemporary high-end Swiss watches, is set to unveil its latest watch in conjunction with Volkswagen Design, at the Doha Jewellery & Watches Exhibition. The limited edition watch features design elements r


Fortis plunges to $37bn loss

Stricken financial group Fortis plunged to a mammoth 28.0 billion euro ($37 billion) loss in 2008 due to huge negatives from banking activities stripped out by the Belgian and Dutch states. The group, pulled apart in a state-led bailout la


DGR used to fund INTL

Dubai Gold Receipt (DGR), an electronic warehouse receipt system operated by the Dubai Multi Commodities Centre (DMCC), has facilitated Fortis to extend $17.8 million in financing to INTL Commodities. INTL Commodities is a DMCC member comp

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