PEN technique emerges as one of the most-preferred treatments for lower back pain in UAE

PEN technique emerges as one of the most-preferred treatments

PEN procedures performed by Himchan-UHS Joint & Spine Centre records 95% patient satisfaction rate UHS had recently introduced a new Post Recovery Care Unit (PRCU) dedicated to day surgery patients.  Subsequent to the introduction of a new Post Recovery Care Unit (PRCU) dedicated to day surgery patients, the University Hospital of Sharjah announced that its Himchan Spine and Joint Center has successfully performed more than 100 Percutaneous Epidural Neuroplasty (PEN) procedures. The hospital revealed that 95% of its patients reported a satisfying experience after undergoing the non-surgical one-day treatment, which…

DAE delivers first of 18 Boeing 737 MAX 8 aircraft to American Airlines

“دبي لصناعات الطيران” تسلم أول طائرة

Dubai, U.A.E., 14 December 2020 – Dubai Aerospace Enterprise (DAE) Ltd. today announced that it has delivered the first of 18 Boeing 737 MAX 8 aircraft to American Airlines as part of the Purchase and Leaseback agreement signed with American in the third quarter of this year. Delivery of the remaining aircraft is expected to be completed in the coming months. Firoz Tarapore, Chief Executive Officer of DAE commented: “We are delighted to be in a position to offer a meaningful solution to American Airlines, a long-term customer of DAE, and…

DAE announces H1 2020 financial results

Dubai, U.A.E., 05 August 2020 – Dubai Aerospace Enterprise (DAE) Ltd. reported its financial results for the six months ended 30 June 2020. Highlights included: Total Revenue: US$672.6 million (H1 2019: US$735.2 million) Net Income: US$121.7 million (H1 2019: US$197.1 million) Pre-Tax Profit Margin: 20% (H1 2019: 29%) Pre-Tax Return on Equity: 9% (H1 2019: 12.5%) Net Debt-to-Equity: 51x (Year-end 2019: 2.64x) Unsecured Debt as a percentage of Total Debt: 62% (Year-end 2019: 62%) Available Liquidity: US$2,818 million (Year-end 2019: US$2,404 million) Unencumbered Assets: US$6.5 billion (June 2019: US$6.1 billion) Fleet…