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    Government of Ras Al Khaimah Makes Key Appointments to Ras Al Khaimah Petroleum Authority

    - Nishant Dighe Chief Executive Officer of RAKPA Ras Al Khaimah, United Arab Emirates, 19 April 2018:   After the recent announcement of the Government of Ras Al Khaimah appointing His Highness Sheikh Ahmed Bin Saud Bin Saqr Al Qasimi as Chairman of Ras Al Khaimah Petroleum Authority (“RAKPA”), Nishant Dighe is appointed as Chief Executive Officer of RAKPA. Nishant Dighe, also the Chief Executive Officer of RAK Gas, is appointed to RAKPA on an interim basis until completion of the award of the petroleum rights under RAK’s 2018 petroleum licensing round (“the Licensing Round”), at which time a permanent appointment will be made.  On 2 April 2018, the Government of Ras Al Khaimah announced the official launch of the Licensing Round and the establishment of RAKPA – the new regulator ......read more

    2XL Launches Special Edition Collection for the Holy Month of Ramadan

    Dubai, UAE; April 19, 2018: 2XL, the leading luxury furniture and home décor brand in the UAE, has launched a limited-edition décor collection for the month of Ramadan. Beautiful collection of serving bowls with lunar motifs and decorative Ramadan lanterns will be ideal for get together events with family and friends during Ramadan.  According to Amit Yadav, Marketing Manager of 2XL, “Visiting family and friends, gifting and dining together are part of the month of Ramadan. At 2XL, our creative team of designers have put together a thoughtful collection for the season, ideal for entertaining and decorating the home.” Candle Lantern As Ramadan approaches, homes are lit with traditional lanterns. The golden lantern from 2XL illuminates the room, creating a beautiful and magical atmosphere. The candle lantern from ......read more

    Caparol Paints introduces advanced German technology spray plasters in the UAE

    Dubai, April 17, 2018:   Caparol Paints, a leading player in the global paints industry, has expanded its portfolio with the launch its own line of advanced generation SprayPlaster system. Caparol has been at the forefront of adopting new technologies, which complement the local market conditions. Caparol SprayPlaster system, works as a rectifier and leveler for irregularities in buildings.  Caparol SprayPlaster is a pre-mix acrylic-copolymer based, high-build, all-purpose filler/skim coating which is semi-smooth plaster for concrete surfaces. The SprayPlaster can be used to achieve levelled dense surface for smooth coatings, or directly with suitable textured Caparol emulsion, latex paints or acrylic enamels. To fast-track the application process, Caparol has launched this in a ready-mix formulation which comes in ......read more

    Mumzworld Announce Recruitment Drive To Empower Women in the Middle East

    Multiple Full & Part Time Jobs with Flexible Working Hours Available, Helping Mothers to Return to the Workplace  Dubai, UAE, April 16, 2018:  Mumzworld, the region’s leading e-commerce platform for all things mother, baby and child, has taken yet another innovative step in helping to empower mothers with the re-introduction of their pioneering and highly successful ‘return to work’ programme for qualified and professional mums who are looking to return to the workplace. The initiative introduced by the leading award-winning company that was founded by two mums and includes a dynamic team of women at all levels of the organisation, promises flexible working hours, the opportunity to work from home, and specialised training that will provide the toolkit for women to resume and develop their ......read more

    Dubai-based Al Kasir Group launches three Crypto assets backed by diamonds

    DUBAI – April 16, 2018:   Dubai-based Al Kasir Group launched three Crypto assets backed by certified diamonds. Al Kasir Jewellery Trading and Al Kasir portal, a joint venture under the private office of His Highness Sheikh Ahmed Bin Obaid Al Maktoum, announced the launch of the innovative diamond trading model using the blockchain technology for the first time in the world.  Al Kasir Group, a joint venture under the private office of His Highness Sheikh Ahmed Bin Obaid Al Maktoum and Dr. Amit Lakhanpal, Indian entrepreneur, property developer and director of the Al Kasir Group.  Speaking at a press conference in Dubai, Dr. Lakhanpal said, “Cryptocurrencies with their underlying Blockchain technology are increasingly popular amongst individuals, financial institutions and governments, however many of ......read more

    Final Dome Structure Completed at Barakah Nuclear Energy Plant

        Construction of Reactor Containment Building Dome Structure for Unit 4 successfully completed; the final unit of the Barakah Plant     Unit 4 Reactor Coolant Loop (RCL) pipe welding and setting of key equipment also completed Abu Dhabi, United Arab Emirates, 10 April 2018:  Reaching another milestone in the development of the Barakah Nuclear Energy Plant, the Emirates Nuclear Energy Corporation (ENEC) has successfully completed the Reactor Containment Building (RCB) dome for Unit 4, the final unit of the Barakah Nuclear Energy Plant, located in the Al Dhafrah region of Abu Dhabi. The Unit’s Reactor Coolant Loop (RCL) pipe welding, and the setting of key equipment have also been completed. The completion of Unit 4’s dome structure signifies the majority completion of the main ......read more

    Mubadala Petroleum Signed Andaman I PSC in Indonesia

    Abu Dhabi, 09 April, 2018:  Mubadala Petroleum announces that it has signed the Production Sharing Contract (PSC) for Andaman I, as awarded by the Government of Indonesia in the 2017 Indonesian Licence Round.  Mubadala Petroleum is the operator of the Andaman I PSC and a partner in the Andaman II PSC, operated by Premier Oil, which was also signed last week. The Andaman I and II PSCs are adjacent and located in the underexplored but proven North Sumatra basin offshore Aceh, a region that Mubadala Petroleum has been involved in since 2011 through joint study agreements.  The PSCs have the potential to unlock a new material gas play for domestic consumption in North Sumatra and indeed long term export to regional markets.   The work commitment for the Andaman I exploration block is to conduct sub surface ......read more

    Global Renewable Generation Continues its Strong Growth, New IRENA Capacity Data Shows

    Sector adds record 167 gigawatts (GW) of generating capacity, expands 8.3% in 2017 Abu Dhabi, UAE, 07 April 2018:   By the end of 2017, global renewable generation capacity increased by 167 GW and reached 2,179 GW worldwide. This represents a yearly growth of around 8.3%, the average for seven straight years in a row, according to new data released by the International Renewable Energy Agency (IRENA).  Renewable Capacity Statistics 2018 is the most comprehensive, up-to-date and accessible figures on renewable energy capacity statistics. It contains nearly 15,000 data points from more than 200 countries and territories.      “This latest data confirms that the global energy transition continues to move forward at a fast pace, thanks to rapidly falling prices, technology improvements and ......read more

    Agility Wins Prestigious Sheikh Khalifa Excellence Award

    Award Recognizes Business Excellence and Best Practices in the UAE ABU DHABI, UAE – April 4, 2018 –   Agility, a leading global logistics provider, received the Silver Award for business excellence at the Sheikh Khalifa Excellence Award (SKEA), held under the patronage of His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces.  The award was presented to Agility at a ceremony held at the Emirates Palace, Abu Dhabi. Agility Abu Dhabi was recognized for its excellence in quality and innovative offerings to its logistics customers. Agility has adapted world-class practices based on the European Foundation of Quality Management (EFQM) model that promotes business excellence and facilitates continuous improvement. Present at the ceremony ......read more

    Ensuring water security for future generations is the biggest challenge, says Suhail Al Mazrouei

    Dubai, United Arab Emirates, April 3, 2018:  The biggest challenge for the UAE’s Minister of Energy and Industry is ensuring water security for the country’s future generations.  Speaking at the inaugural edition of the Global Leaders Forum, held in Dubai on April 3, 2018, His Excellency Suhail Al Mazrouei, the UAE’s Minister of Energy and Industry, said, “The UAE has already put in place a strategy to reduce water consumption. This is the priority for everyone to look at now for the sake of future generations.” “We need to stop taking any water from the ground water resources, especially for agricultural purposes. The current sources need to be replaced to increase the efficiency and keep it for the future generations,” he added.  The minister stressed on the ......read more

    DHL launches cargo bike delivery service in the UAE

    An initiative of DHL’s ‘GoGreen’ program, the cubicycle will help reduce emissions by minimizing mileage and time spent on the road by standard delivery vehicles Dubai, United Arab Emirates, April 03, 2018:  DHL, the world’s leading international delivery services provider, is transforming its approach to delivery services by piloting a kinetic energy based cargo bicycle program for inner-city deliveries in the UAE.  The DHL cubicycle is a customized four-wheel bike that is designed and able to carry containers with a load of 125 kilograms. The innovative bike aims to reduce emissions by minimizing the mileage and time spent on the road by standard delivery vehicles.  The cubicycle will play a tremendous role in easing through traffic congestion in the UAE and increase the number of ......read more

    Government of Ras Al Khaimah Launches Petroleum Licensing Round

    Ras Al Khaimah, United Arab Emirates, 2 April 2018:  The Government of Ras Al Khaimah has announced the official launch of RAK’s 2018 petroleum licensing round (the “Licensing Round”) and the establishment of the new Ras Al Khaimah Petroleum Authority – the regulator responsible for the Licensing Round tendering process and ongoing management of petroleum rights.   These actions reflect the vision of His Highness Sheikh Saud bin Saqr Al Qasimi, Member of the Supreme Council and Ruler of Ras Al Khaimah, regarding the development of the Emirate and its natural resources. The Licensing Round is being supported by RAK’s national oil company, RAK Gas.  The Licensing Round offers seven contract areas, including four shallow water offshore blocks and three onshore blocks and covering almost the ......read more

    Artisan wood collection to add a classic touch

    Dubai, April 02, 2018:   United Furniture, a leading furniture and furnishings brand in the UAE has launched the perfect wooden furniture and décor. Wooden furniture and accessories have sustained the changing times and trends of contemporary interior design and room decorating with various offerings that add a rustic feel to a room.  United Furniture’s new collection consists of beautifully carved centerpieces, attractive lamps, funky wooden mirrors, frames, wooden accent chairs, stylish units, wooden frames for beds and fancy wooden vases.  Commenting on the new collection, Mr. Anup Ravindranath, Managing Director, United Furniture, said, “We are pleased to introduce our new wooden furniture and accessories range. We aim to provide our customers with a wide range of choices in furnishing and ......read more

    SUC Organized a Seminar on Case Studies and Research

    Dubai, UAE, March 31, 2018:  Skyline University College hosted the National Seminar on Case Studies and Research on March 26, 2018 at SUC campus. The Chief Guest of the event was Dr. Faisal Ali Mousa, Chairman of FAM Holding. Dr. Mousa delivered a motivational speech where he shared his experiences of a journey starting from 3000 dirhams to 3 billion dirhams. He talked about the challenging times of his career as well as the strategies and the principles he always adhered to.  SUC Professor, Dr. Gouher Ahmed was the first speaker of the seminar who discussed the topic, “Case Research Some Issues” followed by the welcome remarks by SUC Dean, Dr. Amitabh Upadhya. Other guest speakers of the seminar were Dr. Narjes Haj-Salem of the College of Business Administration, University of Sharjah; Dr. Christopher Abraham, ......read more

    Torresol Energy Celebrates Ten Years of Solar Thermal Power Generation

    Collaborative Masdar- and SENER-backed solar company has paved the way for the development of more efficient concentrated solar power (CSP) technologies Dubai,UAE, March 29, 2018: In the ten years since it was established through a collaboration between Masdar, Abu Dhabi’s renewable energy company, and SENER, the Spanish engineering and technology specialist, Torresol Energy has steadily pursued its mission to improve the competitiveness of large-scale concentrated solar power (CSP) plants. Since 2008, the 60/40 joint venture between SENER and Masdar has demonstrated that the technology behind its three plants in southern Spain (Gemasolar, Valle 1 and Valle 2) can deliver affordable, reliable, carbon-free energy straight to the electricity grid 24 hours a day. Gemasolar, located in Fuentes de Andalucia, is the ......read more

    Gulf Oil Middle East partners with Al Naboodah Group Enterprises to enhance its UAE distribution network

    DUBAI – March 29, 2018:   Gulf Oil Middle East Ltd (GOMEL), a part of Hinduja Group and a wholly owned subsidiary of Gulf Oil International Ltd (GOI), announced its strategic partnership with Al Naboodah Group Enterprises (ANGE), one of the leading conglomerates in the UAE. Under the agreement, ANGE will distribute Gulf Oil’s entire range of automotive and industrial lubricants in the UAE, in both B2B and B2C market segments.    Gulf Oil is an iconic global brand with presence in more than 110 countries, producing and marketing a comprehensive range of high quality automotive and industrial lubricants, greases and specialty chemicals. ANGE is among the most well-respected family-owned companies in the UAE, employing over 16,000 people and 47 nationalities.  Mr. Satyabrata Das, Chief Executive ......read more

    Alliance for Youth Launches in Saudi Arabia, Plans to Impact 50,000 Youth and Employ 3,000 by 2020

    Dubai, 27 March 2018:   An Alliance for Youth bringing together companies and other entities interested in helping young people in the region enhance their skills and develop their careers is launching in Saudi Arabia, contributing to the regional commitment to impact 50,000 and employ 3,000 local youth by 2020.    The Alliance in Saudi Arabia, coming two years after the regional launch based on a model created by Nestlé Middle East; is starting off with partnership between Alawwal Bank, Ikea, Mayar (Muhaidib Foods), Nielsen, Savola, Tamer Group, and the University of Business and Technology.    “We know from experience in other countries that concerted collective efforts through partnerships and collaboration amplify positive impact in society,” said Samer Chedid, General Manager at Nestlé ......read more

    ENEC Showcases Opportunities in the UAE Peaceful Nuclear Energy Program at National Service Career Fair

    ENEC’s wide range of technical scholarships offer talented students the opportunity to develop nuclear-related skills and acquire hands-on experience Abu Dhabi, UAE – 27 March 2018:   The Emirates Nuclear Energy Corporation (ENEC) and its operating subsidiary Nawah Energy Company (Nawah) have offered a wide range of scholarships and showcased unique career opportunities to Emiratis at the National Service Career Fair, that took place at the Abu Dhabi National Exhibition Centre (ADNEC) between 25 and 27 March 2018. ENEC and Nawah presented a wide range of scholarship courses for Higher Diplomas in a variety of fields, for those who are interested in pursuing a career in nuclear energy. The UAE Peaceful Nuclear Energy Program offers an exciting, challenging and rewarding career.  National Service graduates ......read more

    Dream Job Alert: Airbnb Is Looking for A Luxury Home Consultant on LinkedIn

    Abu Dhabi, 27th March, 2018:   Do you pride yourself on being a connoisseur of all things luxury? Airbnb is looking to hire a luxury home consultant based in Abu Dhabi. The hospitality brand posted a job description for the role on global careers site LinkedIn earlier this month.  The job posting states that the role is for the Luxury Retreats arm of Airbnb and would involve the candidate going through detailed inspections of the Luxury accommodation, being Airbnb’s eyes on the ground in terms of ensuring the standards and quality of homes. The position is only for four hours a week, and offers a flexible work schedule. The successful candidate should be fluent in English and have their own vehicle. Experience in hospitality, customer service, or related fields are preferred. 

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    Masdar and Korea Energy Agency to explore renewable energy collaboration and investment

      Abu Dhabi, United Arab Emirates, 27 March 2018:  Masdar, Abu Dhabi Future Energy Company, announced the signing of a memorandum of understanding (MoU) with the Korea Energy Agency (KEA) for renewable energy collaboration and investment between the Republic of Korea and the United Arab Emirates (UAE).  Mohamed Jameel Al Ramahi, Masdar’s Chief Executive Officer (CEO), and Dr. Nam Hoon Kang, President and CEO of KEA, signed the MoU, which coincided with the President of the Republic of Korea Moon Jae-in’s four-day visit to the UAE and his first to the Middle East since his election last year.  Under the terms of the agreement, Masdar and KEA aim to establish a potential strategic partnership to encourage renewable energy investment in Korea and to develop a number of renewable energy projects using ......read more

    Dubai Customs offers 132 jobs at 3rd National Service Fair 2018

    Dubai – 26 March 2018:   Following the wise directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan of empowering UAE citizens and providing them with jobs within a holistic strategy and approach that supports the UAE Vision 2021, Dubai Customs is participating in the 3rd National Service Career Fair 2018.  The 3-day event is organized by the National Service (NSR) from 25th March to 27th March 2018 at the Abu Dhabi National Exhibitions Centre (ADNEC) in Abu Dhabi. It intends to open communication channels between graduates of the National Service program and the exhibiting companies and institutions from both government and private sectors. The event also aims to create job opportunities for recruits in order to prepare them for the jobs they will fill. The national Service Career Fair is also a ......read more

    LinkedIn Data Reveals Skills Mismatch for Sales Professionals in the UAE

    UAE sales professionals list more relationship-based sales skills in their LinkedIn profiles  Data reveals Skills Mismatch between sales skills UAE employers are seeking and skills being listed on LinkedIn In addition, data shows an increase in social selling through the platform  Dubai, United Arab Emirates, 25 March 2018:  An in-depth analysis by LinkedIn about sales professionals in the UAE has revealed key supply and demand issues within the UAE sales job market, stressing the need for UAE sales professionals to develop more ‘hard skills’. Comparing the top skills listed on LinkedIn profiles for sales professionals in the UAE with professionals in Europe, UAE sales professionals list more ‘relationship-based sales’ skills in their profiles. The data reveals a ......read more

    Geopolitics lift oil and gold while hurting copper

      US places $50 billion worth of tariffs on Chinese goods     Sanctions in focus on appointment of Iran hawk John Bolton     Crude oil trades higher, industrial metals retreat Dubai, UAE, March 25, 2018:   Global growth is in the crosshairs as the US and China square off in a trade war.  By Ole Hansen The geopolitical stage looks increasingly awful following President Trump's decision to slap tariffs on $50 billion of China-made goods. China immediately responded by targeting $3bn of US exports while contemplating additional retaliatory measures.  The appointments of Iran hawks to Trump's inner circle has further raised the risk of the US re-introducing sanctions against Iran no later than May 12. The two most recent appointments being Pompeo replacing ......read more

    IRENA to Help Deliver Low-Carbon 2022 Winter Olympics in Zhangjiakou, China

    International Renewable Energy Agency to support Zhangjiakou, in Hebei Province,  become China’s first energy transition pilot city Dubai, United Arab Emirates, 24 March 2018:  The International Renewable Energy Agency (IRENA) has today signed a co-operation agreement with the People’s Government of Hebei Province, China to provide the city of Zhangjiakou with a renewable energy roadmap that will support its ambition to deliver a low-carbon Winter Olympics in 2022. The agreement will also help the city become China’s first energy transition pilot city. As co-host of the Winter Olympics with Beijing, Zhangjiakou aims to generate 50 per cent of its power from renewable sources by 2020. The agreement, signed by IRENA Director-General Adnan Z. Amin and the Governor of Hebei Province, Xu Qin, will ......read more

    Masdar celebrates fifth anniversary of flagship Middle East solar energy project Shams 1

    Abu Dhabi, United Arab Emirates, March 22, 2018:  Shams Power Company, the developer, owner and operator of the UAE’s first large-scale solar power project, Shams 1, is celebrating five years of uninterrupted electricity generation at the plant this month.  Located in Al Dhafra, Abu Dhabi’s western region, the 100 megawatt-capacity (MW) Shams 1 was the largest concentrated solar power plant in the world at the time of its inauguration in 2013 and the first plant of its kind in the Middle East & North Africa. It also represented the world’s largest financing transaction for a solar energy project. Masdar, Abu Dhabi Future Energy Company, has an 80 per cent stake in Shams Power, while Total, the world’s fourth-ranked international oil & gas company, owns 20 per cent. Shams 1 uses ......read more

    Other Top Stories from Others
     
    Robust IT infrastructures to aid UAE businesses in ensuring compliance with GDPR

    April 16, 2018 - The widespread adoption of digitization initiatives across the Middle East has also resulted in the growing vulnerability to cyber-attacks. The Telecommunications Regulatory Authority (TRA) alone foiled a total of 86 cyber-attacks against government, semi-government and private sector entities in the UAE during the first two months of 2018. If adequate measures are not taken to mitigate the risk, cyber-attacks will continue to disrupt the progress of digital transformation, which can in turn slow down economic growth. In the light of continuing cyber threats, immediate ......read more

    ADNEC hosts Abu Dhabi familiarization trip for North American delegation

    Abu Dhabi National Exhibitions Company (ADNEC) hosted an international delegation from North America with the aim of familiarizing them with Abu Dhabi National Exhibition Centre as a preferred destination for meetings, incentives, conferences and exhibitions (MICE) and creating more awareness about its world-class facilities, cutting edge infrastructure and strategic location. During the visit, which was organized in cooperation with the Abu Dhabi Convention Bureau and Etihad Airways, Khalifa Al Qubaisi, the Acting Chief Commercial Officer of ADNEC, highlighted the immense potential of the ......read more

    Dubai's diverse food scene takes centerstage at Waterfront Market

    What could make the highlight of your weekend better than celebrating Dubai’s diverse food cultures? Indulge in gastronomic heights that no other city in the world can offer at the upcoming Waterfront Market Food Festival hosted by the Waterfront Market, the latest fresh food marketplace and eating joint along the Deira Corniche.   The rich variety of cuisines and innovative twists to tease your palates will take place starting April 27, 2018, featuring exotic Asian choices - from the authentic Filipino fusion to the truly stirring Chinese dishes and lip-smacking Indian ......read more

    Awaidha Al Marar applauds success of operating Taweelah A2 by UAE Nationals

    UAE, April 10, 2018 – H.E. Engineer Awaidha Murshed Al Marar, Chairman of the Department of Energy - Abu Dhabi, lauded the Emirates CMS Power Company’s (ECPC) initiative aimed at managing and operating Taweelah A2 in Abu Dhabi by UAE Nationals for one month, noting that its success in achieving its objectives further boosts Emirati employees to handle leading roles in the future within Abu Dhabi’s energy sector.  Al Marar’s statement came after the success of ECPC’s recent initiative to handover the full management and operations of Taweelah A2 to UAE ......read more

    Ideal Standard's latest innovation CONNECT AIR offers contemporary design and unmatched water efficiency

    Ideal Standard’s latest innovation CONNECT AIR offers contemporary design and unmatched water efficiency Connect Air mixers significantly cuts down on water consumption with no loss of flow – the perfect solution to coincide with Earth Day Ideal Standard, which has carved a niche as one of the leading providers of innovative bathroom solutions operating across Europe, Middle East and Africa, has taken its trend-setting innovation and water expertise to a new level with CONNECT AIR range of mixers, offering a perfect mix of form and function - exquisite design and ......read more

    Etihad Energy to host the 4th Annual RetrofitTech Dubai Summit and Awards

    April 8, 2018 - In line with their collective efforts to make Dubai a leading example of energy efficiency for the region and the world, Etihad Energy Service Company (Etihad ESCO) and TAQATI- the dedicated program management office for the Dubai Demand Side Management (DSM) strategy - are hosting and strategically endorsing the 4th Annual RetrofitTech Dubai Summit and Awards on April 10 and 11, 2018. The event, scheduled to take place at Roda Al Bustan Hotel, Dubai, will showcase some of the latest innovation and retrofit technology being introduced to the market and shed the light on more ......read more

    HBMSU's Board of Governors holds 2nd meeting & praises the launch of school of Artificial Intelligence

    UAE, March 31, 2018 - H.E. Lieutenant General Dhahi Khalfan Tamim, Deputy Chief of Police and Public Security in Dubai and Chairman of Hamdan Bin Mohammed Smart University’s (HBMSU) Board of Governors (BOG), headed the 2nd meeting of the university’s BOG for 2017/2018. The meeting held recently in Dubai discussed the three agreements entered into by the university with three government bodies as well as launch of the ‘Entrepreneur Club.’ It was also an opportunity to showcase the university’s efforts to promote smart education, digital transformation within the ......read more

    DSI announces the appointment of Group Chief Executive Officer

    Dubai, UAE – March 29 2018 – The Board of Directors of Drake & Scull International PJSC (“DSI” or the “Company”), a regional leader in engineering and construction services, announced the appointment of Dr. Fadi Feghali as the Group Chief Executive Officer, with effect from 1st of April 2018. Dr. Fadi currently manages DSI’s international business units since joining the company in October 2017, and he will be overseeing all aspects of strategy and business implementation for the global DSI Group of companies in his new role. Dr. Fadi is widely ......read more

    DSI to Issue a Convertible Sukuk in Q2 2018 in Succession of the Recapitalization Program

    Dubai, UAE – March 28, 2018 – Drake & Scull International PJSC (“DSI” or the “Company”), a regional leader in engineering and construction services, announced today that it is targeting to issue a sukuk convertible into equity in Q2 2018. On 27 March 2018, the DSI Board of Directors approved plans for the issuance of convertible sukuk with an indicative value of minimum AED 450 Million or the equivalent in other currencies, as private placement or public issuance to be converted to shares over a maximum period of 5 years, at a price of AED 3 per ......read more

    Renish Group officially launches Alaska International with higher storage capacity

    March 27, 2018 - Renish Group, a growing company in oil space, has officially launched its Hamriyah port-based storage facility in the UAE, the Alaska International FZE, with higher capacity at 22 tanks as part of its continuing efforts to boost its storage ability and expand its operations in the Middle East.   Renish Group acquired Alaska International in 2013 with just 60,000 m3 capacity for petroleum products. In just a few years, the company has increased its storage capacity to 125,000 m3 spread across its 22 tanks in light of expanding its operations in the region for base ......read more

    ADNEC's Internet Excellence Program ‘The Capital Awards' to further adopt excellence as a culture

    The Abu Dhabi National Exhibitions Company (ADNEC) has announced the launch of the second edition of its ‘Internal Excellence Program – The Capital Awards,’ an ideal and strategic platform designed to help encourage its employees to adopt principles and concepts of excellence while also creating an environment that seeks to promote innovation in support of the development and growth of the company. The latest edition of the award reflects Abu Dhabi Award’s Excellence model, which can be seen across its different categories comprising the Ideal Department category, ......read more

    Software AG & IDC partnership to discuss ‘Smart Services Transformation in the Public Sector'

    March 25, 2018 - Software AG, a global leader in enterprise architecture, IT & business transformation, agile processes, IoT and big data, has announced that it has partnered with IDC to hold the ‘Smart Services Transformation in the Public Sector’ aimed at helping government organizations implement scalable smart services. The one-day event to be held at the Burj Al Arab in Dubai on March 27, 2018, will explore the latest trends in smart services transformation and present case studies and best practices by the public sector in the UAE and other countries. Leading UAE ......read more

    Multisource Security Analytics on AI: Your Solution to the Modern Cyber Threat Landscape

    Written by Vinod Vasudevan, co-founder & CTO at Paladion The increasingly-complex, data-flooded threat landscape has created new challenges for cyber security. Attacks and attackers are no longer known, and must be uncovered in near real-time. The threat landscape has changed. Organizations have more vulnerability points than ever—and these will only grow as organizations increasingly embrace the cloud, mobile, and the IoT. Cybercriminals now exploit this wealth of vulnerability points through sophisticated, high-volume, multi-dimensional attacks that produce a flood of threat ......read more

    Pegaga Gas Development in Malaysia Approved

    Abu Dhabi, 21 March 2018:  Mubadala Petroleum and its partners PETRONAS Carigali Sdn Bhd (PETRONAS Carigali) and Sarawak Shell Berhad have reached the Final Investment Decision for the Pegaga gas field development in Block SK 320, offshore Malaysia. The project will now proceed to the construction and installation stage. Mubadala Petroleum is Operator of Block SK 320 with 55 percent interest, PETRONAS Carigali holds 25 percent, and Sarawak Shell Berhad 20 percent interest respectively. Mubadala Petroleum and its partners are expected to invest in excess of USD 1 billion into the ......read more

    Caparol Paints unveils colours for the season

    The leading German paint brand has introduced colours and textures to redefine homes and other spaces this summer Dubai, March 21, 2018:   Caparol Paints, a leading player in the global paints industry, has introduced its summer shades for 2018. The summer colours are inclusive of a wide palette of pastel and bright shades. Caparol Paints has gone big with colours that create soothing and stylish effects while adding aesthetically to the most inclusive quality of a space - paint. Caparol has aptly named the shades according to the colours and are categorized under core shade ......read more

    CEO of Etihad ESCO Ali Al Jassim Statement on International Happiness Day 2018

    Dubai, 19 March 2018 - “The UAE has been ranked in the 20th place of the World Happiness Report, in addition to being listed as the happiest country in the Arab World for the fourth consecutive year in the UN Sustainable Development Solutions Network's 2018 World Happiness Report, ahead of the United Nations International Day of Happiness. True happiness arises from self-compassion as well as compassion towards others and the importance of happiness and wellbeing of communities cannot be overlooked in the context of sustainable development.  Advocates of sustainable development ......read more

    Dubai launches an Integrated Energy Efficiency Training Program

    TAQATI, the dedicated Program Management Office for the Dubai Demand Side Management (DSM) strategy and which is set up under Etihad Energy Service Company (Etihad ESCO), entered into a partnership with the British University in Dubai (BUiD) for the Dubai Energy Efficiency Training Program as part of its mandate. Etihad ESCO CEO Ali Al Jassim signed the agreement with BUiD Vice Chancellor Prof. Abdullah Al Shamsi during a ceremony organized at Etihad ESCO’s headquarters on 18 March 2018 to formally seal the deal.   The Dubai Energy Efficiency Training Program is an ......read more

    HMBSU partners with Dubai Committee of Military Human Resources to boost human resources development

    UAE, March 19, 2018 - Hamdan Bin Mohammed Smart University (HBMSU) recently hosted a delegation from the Dubai Committee of Military Human Resources led by Major General Muhammad Saad Al Sherif, Assistant Commander for Administrative Affairs, Chairman of Dubai Committee of Military Human Resources, in line with its efforts to promote cooperation in human resources (HR) development, following the nation’s wise leadership which sees its national human resources the real wealth of the nation.  Dr. Mansoor Al Awar, Chancellor of HBMSU, welcomed the delegation and presented the ......read more

    Mums with top notch sleuthing skills wanted at Dragon Mart

    Are you a full time mum but a big kid at heart? We have the perfect job for you Dubai, 18 March 2018:  Think your powers of observation and deduction could rival those of the great Sherlock Holmes? If so, your services could be in demand at Dragon Mart as it launches a massive job hunt for a Toy Detective to explore the mall for the coolest kids’ toys on the market. This unconventional job – open to all mothers over 21 years old living in the UAE – requires oodles of passion and commitment as well as a keen eye for the best children’s toys at Dragon Mart. ......read more

    MEFMA steps up efforts to strengthen corporate sectors' role in regional facilities management

    March 15, 2018: The Middle East Facility Management Association (MEFMA) has announced that it has formed a new category for its members, the Strategic Corporate Members, and established the Strategic Corporate Members Committee, which would include MEFMA’s pioneering members. MEFMA said it reflects the Association’s focus on developing new opportunities for strategic engagements by the corporate sector and enhance their role in developing the FM industry. The recent development, announced during a reception held on March 14, 2018 at The Viewing Deck, The Palace Downtown Hotel ......read more

    Awqaf and Minors Affairs Foundation Attracts 1200 Emirati Job Seekers at Careers UAE 2018

    Dubai-UAE: 15 March, 2018 –   Awqaf and Minors Affairs Foundation (AMAF) witnessed significant interest from Emiratis seeking job opportunities in the charity and social work domain at Careers UAE 2018.    During its participation in the leading job fair for UAE nationals that concluded today at the Dubai World Trade Centre, AMAF’s representatives introduced job seekers to the Foundation’s work, objectives and initiatives. In addition, they offered the Emirati youth advice on how to build a successful career in humanitarian work. Over the course of ......read more

    ABB records steady growth in the UAE

    Digitalization and clean energy integration transforming the energy landscape in the country Dubai, UAE, March 15, 2018:   ABB, the pioneering technology leader, has recorded steady and sustained growth in the United Arab Emirates in 2017.  “ABB is seeing profitable growth and a huge opportunity in this market as we are partners to both the energy and industrial revolution that is taking place in the country and around the world,” said Mostafa Al Guezeri, Managing Director, ABB. The company has been a stable partner to the country’s development and is ......read more

    UAE becomes first country globally to launch DHL's global shipping platform MyDHL+

    MyDHL+ simplifies and streamlines the international shipping process    Dubai, 14th March 2018 –   DHL, the world’s leading international express delivery services provider, has unveiled MyDHL+, an industry-leading global shipping application in the UAE, which will bring new levels of speed and simplicity to the cross-border shipping process.   Shippers ranging from small businesses to large global corporations will be able to benefit from MyDHL+ and its intelligent, streamlined interface – which means fewer steps and considerably greater ......read more

    Supreme Legislation Committee attracts young national talent with promising career opportunities during Careers UAE 2018

    Dubai, UAE, March 13, 2018 -  The General Secretariat of the Supreme Legislation Committee in the Emirate of Dubai (SLC) continues to attract qualified national cadres to promote legal and legislative excellence during its successful participation in Careers UAE 2018, which is being held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai. The SLC’s booth at the event has attracted a great number of young professionals and has garnered appreciation for its achievements in terms of creating an ......read more

    Khalifa Fund holds forum to strengthen UAE's SME industry

    Khalifa Fund for Enterprise Development (KFED) hosted recently a forum on ‘Strategic Alignments – Connections 2018’ which brought together top-level officials from federal and local entities within the legislation and banking sector, as well as development institutions that support and fund local, small and medium enterprises (SMEs) and entrepreneurs in the UAE. The event formed part of KFED’s efforts to promote domestic SMEs and support their growth, and implement innovative plans to help foster an entrepreneurial spirit in the country. H.E. Abdullah Saeed Al ......read more

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