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    Oil and Gas Industry Set to Accelerate Move to Digital in 2019

    by Ron Beck Energy Industry Marketing Director, AspenTech Dubai, UAE, December 18, 2018:  Digital transformation continues to be the keynote of the coming year for operators across the oil and gas sectors. Digitalisation is nothing new to the sector, of course. Refineries have, for example, been pursuing it for more than thirty years, with technologies like advanced process control (APC) well-established as part of the operational mix of many operators.   What is different today is how quickly the migration is accelerating. The trend is being led by the Asian refining industry. Organisations in India, Malaysia, Thailand, Indonesia and China are pushing digital transformation aggressively because they understand this can be a competitive and economic advantage for them against slower-moving, traditional rivals in ......read more

    Oman's NDC appoints new CEO

    Dubai, UAE, December 18, 2018:  National Detergent Company SAOG (NDC), a leading FMCG company in the Sultanate of Oman, appointed industry veteran William Hunt as its new CEO. Prior to joining NDC, William Hunt was the CEO of Soaps and Chemicals Industrial and Trading in Sharjah (UAE) prior to joining NDC.  Hunt comes with exposure in a number of industries including plastics, chemicals, and fast-moving consumer goods industries. He has seen great success in dealing with global retailing giants such as Walmart, Menards, Carrefour, Tesco, and Woolworths.  A well-respected international executive - Hunt has been a key member of several globally renowned companies’ executive and leadership teams for the past 20 years. He has held the position of President of Access Business Group, in the USA; Executive Director of ......read more

    Non-Containerised Cargo Shows Steady Increase at Jebel Ali Port

    DP World flagship prepares to handle surge in Expo-related project cargo Dubai, United Arab Emirates, 18 December 2018:  The throughput of non-containerised cargo such as breakbulk, bulk and project cargo has experienced a steady upward movement at global trade enabler DP World’s flagship Jebel Ali Port, underscoring the port’s diversified capabilities. DP World UAE Region, which operates Jebel Ali Port, said that its teams are well prepared to meet the expected increase in demand for breakbulk and project cargo handling services in the run up to Expo 2020 Dubai. DP World UAE Region, saw a wide range of imports – from the gigantic domed steel trellis that will adorn the centerpiece at Expo 2020 Dubai venue to luxury yachts and rising quantities of bulk and breakbulk cargo. The trellis, ......read more

    ENEC Completes Significant Tests of Unit 3 at Barakah Nuclear Energy Plant

    Cold Hydrostatic Testing successfully completed at Unit 3 Significant step towards the completion of Unit 3 of the Barakah plant Abu Dhabi, UAE – 16 December 2018:   The Emirates Nuclear Energy Corporation (ENEC) has successfully completed Cold Hydrostatic Testing (CHT) at Unit 3 of the Barakah Nuclear Energy Plant in Abu Dhabi, UAE. The testing, which is a crucial step towards the completion of Unit 3 of the 4-unit Barakah plant, incorporated the lessons learned from Units 1 and 2 and represents a significant milestone in the development of the UAE Peaceful Nuclear Energy Program.   Prior to the commencement of CHT, Unit 3’s Nuclear Steam Supply Systems were flushed with demineralized water, and the Reactor Pressure Vessel Head and Reactor Coolant Pump Seals were installed. During the Cold ......read more

    Get up to 50% discount at Home and Soul during the Dubai Shopping Festival

    Dubai, UAE, December 15, 2018:  It’s nearly that time of the year again where us shopaholics start preparing ourselves to pick up the latest bargains at our favourite stores. While the DSF offers start pouring in and take over, it can be a little overwhelming to shop effectively but the Home and Soul sale is one not be missed. With up to 50% off on a huge selection of beautiful homeware items which can be purchased both online and in store, it’s the perfect opportunity to give your home a little refresh ahead of the new year. The DSF sale starts 16th December until 28th January 2019. 

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    New maritime law seen as key initiative to boost UAE's sea trade

    STA Law Firm says legislation will reinforce the country’s position as a preferred shipping destination Dubai, UAE, 13 December, 2018:    Built on traditional pearl diving and dhow building, the UAE’s maritime industry dates back centuries, remaining fundamental to the economy, and legal experts say a new law will significantly benefit the country’s sea trade. The first draft of the UAE’s new maritime law is expected to be ready in early 2019, and will then be passed to stakeholders for feedback, before being submitted to the federal government for approval. STA Law Firm, which has represented many of the UAE maritime industry’s major players, believes the new law is a key step to addressing some of the critical problems faced by the industry. Additionally, the new law will reinforce ......read more

    Schneider Electric presents Villaya Emergency for easier access to energy in emergency situations

    The increase in humanitarian emergencies calls for mobile, clean, reliable and affordable energy access solutions Villaya Emergency can be deployed on site in less than 30 minutes to provide energy for impacted areas  Dubai (United Arab Emirates) – 12 December 2018 –   During a humanitarian crisis, electricity is often difficult to access. Schneider Electric , the leader in digital transformation of energy management and automation, is launching Villaya Emergency, a solar microgrid solution ready to use in any situation thanks to a system combining Schneider Electric technologies and the expertise of innovative start-ups.    Facilitating access to clean, reliable and affordable energy during humanitarian emergencies   Whether due to the geopolitical context, natural disasters or ......read more

    GROHE Rapido SmartBox: Universal Solution for More Individuality in Showers

    Single lever mixer, thermostat or SmartControl – the right solution for everyone Less installation effort, more shower options New designs and colours set highlights in the bathroom United Arab Emirates, Dubai, 10 December 2018.   Space is often limited making it very valuable. Flush-mounted installations provide more space in the shower without sacrificing functionality or comfort. They also offer additional practical advantages: cleaning is quicker and more convenient. With its concealed installation, the new GROHE Rapido SmartBox not only offers more space in the shower, but also allows a higher degree of flexibility as well as a high scope of planning and installation security. The extensive selection of fittings in various designs, shapes, colours and finishes makes the bathroom shine with an individual ......read more

    At COP24, Schneider Electric Strengthens its Commitment to Become Carbon Neutral by 2030

    The Group will present innovative solutions to fight climate change in Katowice Schneider Electric’s experts & leaders will actively participate at COP24 Dubai, UAE, December 10, 2018:  At a time when the latest IPCC report calls for urgent action to fight climate change, Schneider Electric, the leader in digital transformation of energy management and automation, is accelerating its contribution to meeting the United Nations’ Sustainable Development Goals. To mark the occasion of COP24 in Katowice (Poland), from December 3 to 14, 2018, Schneider Electric is strengthening its commitments to become carbon neutral by 2030 using solutions that will help accelerate the transition towards a low carbon economy.   Carbon neutral by 2030 “The climate emergency is growing, and new players are ......read more

    Mubadala Petroleum completes the acquisition of a 20 percent interest in the Nour Concession in Egypt

    Abu Dhabi, 10 December 2018:   Mubadala Petroleum announces that it has completed the acquisition from Italy’s Eni of a 20 percent participating interest in the Nour North Sinai Offshore Area (”Nour”) concession, an offshore exploration block in Egypt.  In the concession, which is in participation with Egyptian Natural Gas Holding Company (EGAS), Eni as operator through its subsidiary, IEOC, now holds a 40 percent interest. The other partners in the concession are BP with 25 percent interest and Tharwa Petroleum Company with 15 percent interest.  Dr. Bakheet Al Katheeri, Chief Executive Officer, Mubadala Petroleum signed a deed with Eni completing the sale to Mubadala Petroleum in the presence of the Egyptian Minister of Petroleum, H.E. Tarek El Molla, in Sharm El Sheikh.  Dr. Al ......read more

    Backing the next generation of solar power innovators

    As the Solar Decathlon Middle East 2018 comes to an end, German bathroom brand sponsor hansgrohe – and its regional partner ITC – say the future is looking brighter for protecting the environment  09 December 2018, Dubai, UAE:   Solar energy could one day supply most of the world’s energy needs, but it is crucial that individual countries invest in the next generation of innovators to make that happen.  As always, the UAE has been leading the way in pioneering new technology and new thinking. The just concluded Solar Decathlon Middle East 2018 (SDME), hosted by DEWA in collaboration with the US Department of Energy Dubai, was an intriguing competition that challenged students from various international universities to design and build a 150 square metre residential house that is entirely ......read more

    Oil rallies on Opec+ production cut, gold breaks higher

    By Ole S Hansen, Head of Commodity Strategy at Saxo Bank Dubai, UAE, December 09, 2018:  Commodities received a late boost after the Opec+ group managed to agree to a decent output cut; gold, meanwhile, received a bid following a weak US jobs report. The market’s overall focus stayed with the US-China trade war and the increased prospect of a US slowdown.  Commodities found a bid on Friday to finish the week higher after the Opec+ group – following 24 hours of negotiations – agreed to a production cut large enough to support the market. Gold, meanwhile, traded above $1,240/oz in response to a weaker than expected US nonfarm payrolls report. Until Friday, the market had been struggling amid continued worries about the economic impact of the ongoing trade war. US and global stock markets gyrated wildly ......read more

    Port Rashid receives 5 cruise airliners on a single day

    Dubai welcomes 25,000 cruise tourists in one day, with the arrivals of cruise ships Marella Discovery, Aida Prima, MSC Splendida, Horizon and Celebrity Constellation Cruise Ships Marella Discovery, Aida Prima and Horizon mark their maiden call to Dubai Pullmantur Cruise Line marks its debut in the region with the maiden call of Cruise Ship Horizon  Dubai, UAE; 09 December 2018:   Port Rashid received five international cruise liners at the Dubai Cruise Terminal on a single day, marking a historic milestone during the 2018/2019 season.  The cruise lines originating from UK, USA, Germany, Italy and Spain brought in over 25,000 tourists. The milestone event forms part of the ongoing efforts of the recently formed Dubai Cruise Committee to raise the profile of Dubai as a leading destination for winter sun ......read more

    The Interiors Gift Guide with Home and Soul

    Festive gift ideas for all interior lovers in the region Dubai, UAE, December 04, 2018:  Those who appreciate good design can be a tricky bunch to purchase festive gifts for as they have the most stylish homes that look like they’re straight out of a lifestyle magazine and certainly have a great eye for interior design. If you have a loved one or friend with a passion for home décor that has you stumped for gift ideas, then fear not as Home and Soul Dubai, the unique lifestyle retail concept store, has you covered with a huge array of options you can choose from this season. Founded and curated by Carol and Wael Sukkar, Home and Soul Dubai is a true ‘hidden gem’ found in leafy Jumeirah. Selling beautiful homewear, interior pieces, plants, gorgeous items for your kids, fashion and jewellery brands and its very ......read more

    Kartik Aaryan attends Danube bash

    Dubai, UAE, December 01, 2018:   Mr Rizwan Sajan, Founder and Chairman of Danube Group hosted the bollywood heart-throb Kartik Aaryan of Pyaar ka Punchnama and Sonu ke Titu ki Sweety at his lavish villa located at Emirates Hills on 30th November for a private meet and greet with select press, family and a few friends.  The rising star was in Dubai to support his favorite team Bengal Tigers, for the action packed cricket dhamaka during the T10 league at the iconic Sharjah stadium. Kartik cheered for the team and wowed the well- heeled guest list in Dubai along with the members of the press. Founder and Chairman Danube Group Mr Rizwan Sajan said: “I am super thrilled to host the rising star of Bollywood Kartik Aaryan. He is definitely one of the Bollywood's brightest stars and holds immense potential to grow. ......read more

    Middle East economies are still dominated by oil sector development

    Dubai, UAE, December 01, 2018:  According to ICAEW’s latest Economic Insight report, economic recovery in the Middle East is slowly gathering momentum after last year’s slump, when economic growth slowed to an eight-year low at only 0.9%. Overall, the Middle East’s GDP is expected to grow to 2.3% in 2018, though growth remains below the 2010-2016 average of 3.9%. The accountancy and finance body says oil continues to dominate and shape the macroeconomic outlook for Middle Eastern economies, despite major economic diversification efforts. Economic Insight: Middle East Q4 2018, produced by Oxford Economics, says the same factors that slowed down economic growth in 2017 are now contributing to the overall economic recovery. Oil prices have hit their highest levels since the end of November 2014 in recent weeks at ......read more

    UAE's non-oil sector drives economic growth in 2018

    Dubai, UAE, November 28, 2018:  According to ICAEW’s latest Economic Insight report, the economic outlook for UAE is set to accelerate to 2% this year, up from the eight-year low of 0.8% in 2017, supported by rising oil prices, regional economic recovery, higher public spending and investment and a gradual build-up in business momentum. The accountancy and finance body says the non-oil sector, which represents close to 70% of the UAE’s economy, is driving the country’s economic growth this year. Economic Insight: Middle East Q4 2018, produced by Oxford Economics, says the oil sector is expected to remain a drag on growth in 2018, as overall production has remained limited in the first half of 2018 at an average of 2.85 million barrels per day, down by almost 2% from the average of 2.91 million barrels per day in ......read more

    Irony Home launch Christmas pop-up store in collaboration with The Lime Tree Cafe and Kitchen

    Dubai,United Arab Emirates,28 November 2018:  After a twelve year retail reign in The Dubai Mall, home interiors and festive decor store Irony Home are here to kick - start the festive season, launching their first Christmas pop -up store in collaboration with The Lime Tree Cafe and Kitchen. Founded by Rima Dardenne, Irony Home closed their doors at The Dubai Mall and made the bold move to online store, launching their e-commerce platform ironyhome.com.  The collaboration at The Lime Tree Cafe will be the first time Rima brings to life her magical Christmas Wonderland, outside of The Dubai Mall. “Pop-up stores are taking over  the retail world. Pop -ups are the perfect avenue for online stores to make a “flash” appearance and reach customers they could not reach before. These stores are used to ......read more

    PLC System partners with Dubai Carbon as demand for renewable energy increases

    28th November 2018, Dubai, UAE:   Dubai Carbon has enabled yet another key energy player to enter the UAE renewable energy market, following the signing of an agreement with energy experts PLC System S.r.l. Mr. Francesco Esposito, Sole Director of PLC System S.r.l signed a joint venture agreement with the CEO of Dubai Carbon, Mr. Ivano Iannelli signaling the increasing growth of Dubai Carbon’s portfolio of renewable energy partners, strengthening their position as the region’s renewable energy experts, and supporting the U.A.E.’s commitment towards a greener economy.   The partnership between the two leaders in the renewable energy market will enable access to advanced systems required to generate renewable energy and in turn achieve the stringent targets set out in Dubai’s Clean Energy ......read more

    Italian water tech major DAB to cater to the higher demand for energy-efficient tech solutions

    At Big 5 Dubai 2018, DAB launches the world’s best energy-efficient water management solutions for urban development DUBAI - November 27, 2018:   DAB Water Technology, an Italian frontrunner in the global water management industry, brings to Dubai a range of solutions utilising the advantages of renewable energy for urban development. At Big 5 Dubai 2018, taking place from November 26 to 29 at Dubai World Trade Centre, DAB introduces a range of solutions, focused on innovation, digitalisation and safety of people.  DAB is among a few water technology solution providers globally to offer a comprehensive range with more than 2,000 products. DAB produces over three million pumps per year catering mainly to residential, commercial, and agricultural irrigation sectors. DAB offers energy-saving Italian technologies, ......read more

    The Dubai Supreme Council of Energy (DSCE) launches the Emirates Energy Award (EEA) 2020 in Jordan

    The award aims to recognise best practices in energy efficiency to enhance constructive contribution to a sustainable future  Dubai, UAE, November 27, 2018:  Under the patronage of HH Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, the Dubai Supreme Council of Energy (DSCE) unveiled the fourth edition of Emirates Energy Award (EEA) - 2020 at a press conference held at Fairmont – Amman, Jordan on 27th November. The DSCE’s move comes as part of its goals and promotion plans. The press conference was attended by high-ranking officials from the Ministry of Energy and Mineral Resources, Jordan, HE Mattar Saif Al Shamsi, the UAE ambassador to Jordan, HE Ahmad Buti Al Muhairbi, Secretary General of the Dubai Supreme Council of Energy (DSCE), and Vice Chairman of the ......read more

    Pan Emirates gives back on the 47th UAE National Day

    Come share your pledge and get the chance to win Pan Emirates gives back on the 47th UAE National Day  PAN Emirates Home Furnishings showrooms in Dubai, Sharjah, Abu Dhabi, Al Ain, and Fujairah in the UAE. Dubai, UAE, November 27, 2018:  PAN Emirates Home Furnishings, the leading home-grown indoor, patio, and outdoor furniture brand in the region, is a proud home-grown brand. To celebrate the 47th National Day of the UAE, we are giving shoppers the opportunity to show their love and support for the country through us.    Our pledge is to serve our customers better for years to come. We invite you to come and pledge to build a better future tomorrow. Share your ideas on how you will contribute to make your surroundings better, and stand a chance to win with Pan Emirates. The best 10 pledges will win ......read more

    Wintershall acquires stake in the largest gas and condensate fields yet to be developed in the United Arab Emirates

    10% stake in Ghasha Concession in Abu Dhabi Close partnership with ADNOC: 40 years term concession Investments running into the billions in the growth region in the Arabian Gulf Abu Dhabi, November 26, 2018:   Wintershall will invest in one of the world’s most important centers for oil and gas production: The company will take a ten percent stake in the Ghasha Concession alongside the Abu Dhabi National Oil Company (ADNOC) in the United Arab Emirates. The Hail, Ghasha, Dalma and other ultra-sour gas and condensate fields such as Nasr, SARB and Mubarraz are located in the Al Dhafra region off the coast of the Emirate of Abu Dhabi.    His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO, as well as Mario Mehren, CEO of Wintershall, have now signed a ......read more

    ADNOC Adds Germany's Wintershall to the Ghasha Ultra-Sour Gas Concession

    Wintershall awarded 10 percent concession share in the Ghasha offshore sour gas mega-project, marking the first time a German oil and gas company joins an ADNOC concession Concession agreement will give ADNOC access to world-leading sour gas technology  Project contributes to ADNOC’s In-Country Value program and is expected to produce more than 1.5 billion cubic feet of gas per day Announcement builds on momentum generated by the Supreme Petroleum Council’s approval of ADNOC’s new integrated gas strategy Abu Dhabi, United Arab Emirates – November 26, 2018: The Abu Dhabi Government and the Abu Dhabi National Oil Company (ADNOC) have added Wintershall Holding GmbH to the Ghasha ultra-sour gas mega-project with a 10 percent stake. The Ghasha concession consists of the Hail, Ghasha, Dalma and other ......read more

    EDF and Nawah Energy Company sign operations and maintenance assistance agreement for Barakah Nuclear Energy Plant, United Arab Emirates.

    Dubai, UAE, November 22, 2018:   EDF, the world-leading nuclear operator, and Nawah Energy Company (Nawah), the subsidiary of the Emirates Nuclear Energy Corporation (ENEC) that is mandated to operate and maintain the Barakah Nuclear Energy Plant, signed a long-term framework agreement whereby EDF will provide a range of services to support Nawah in operating and maintaining the Barakah Plant, the first nuclear energy plant in the Arab World. With more than 50 years of nuclear experience and acclaimed expertise in supporting newcomer countries, EDF will provide Nawah with services in a number of areas including operational safety, radiation protection, fuel-cycle management and environmental monitoring. The EDF Group will provide expertise in the form of engineering studies, on-site support, training and benchmarking ......read more

    Other Top Stories from Others
     
    Rehome an abandoned or neglected cat at Kittysnip's adoption days in Dubai

    Dubai, UAE, October 02, 2018:  Kittysnip, a Dubai-based animal welfare group, is hosting pet adoption days to rehome abandoned or neglected cats and kittens that are in desperate need of a new family.  Come and meet a number of spayed, neutered and fully vaccinated cats at the adoption days, taking place this weekend and over the course of October, at several locations across Dubai.  11am to 5pm on Fridays, 5th,12th and 26th October at The Pet Shop, Al Quoz, every Friday 11.00am to 5pm at Dubai Garden Centre (Sheikh Zayed Road Exit 40), Al Quoz, and 10:30am-4:30pm on ......read more

    Freight Volumes Continue to Trend Upward in August, Up 2.3%

    Dubai, UAE, October 01, 2018:   The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 2.3% in August 2018, compared to the same period the year before. This pace of growth was unchanged from the previous month but was less than half the five-year average growth rate of 5.1%.    Freight capacity, measured in available freight tonne kilometers (AFTKs), grew by 4.5% year-on-year in August 2018. This was the sixth month in a row that capacity growth ......read more

    Ideal Standard's ‘Ceraline' Range of Mixers is a True Trendsetter

    These cylindrical beauties champion innovation, functionality and sturdiness in every bathroom    Dubai, UAE, October 01, 2018:  Ideal Standard, one of the leading providers of innovative bathroom solutions operating across Europe, Middle East and Africa, has launched a new hip range of bathroom mixers; Its name: Ceraline.  Following a cylindrical design pattern, a prominent present-day trend in the UK, EU and Middle East, Ceraline range is in keeping with the high standard of all Ideal Standard’s products. Its cylindrical shape provides a soft and stylish ......read more

    Barring Oil Or Geopolitical Risks, Gulf Banks' Financial Profile Should Stabilize in 2019

    GCC banks' financial profiles should remain stable in 2019, absent any unexpected geopolitical or oil-price shock. Bank lending growth should stabilize at around the 5% mark over the next 12 months, as higher oil prices and stronger public investments raise economic growth in the region overall. We expect profitability to stabilize--with return on assets at about 1.5%-1.7% and net interest margins at 3% on average in 2018--benefitting from the higher interest rates and significant non-interest-bearing deposits on banks' balance sheets. International operations could pose a ......read more

    Update your Living Room with New Modern Seating from Home and Soul

    Where comfort meets contemporary Dubai, UAE, October 01, 2018:  From the smallest of apartments to the grandest of villas, there is one item of furniture that can be found in all of them – a sofa. As the living area is an essential spot in a home, it’s important to ensure you purchase a sofa or chair that suits your desires and design needs. Home and Soul Dubai, the ulti-mate lifestyle destination for transforming your home, has released their new collection of stylish and modern seating, each product promising to be the perfect new addition for any home. The new ......read more

    MINI Living at China House Vision

    Fourth interpretation of the MINI Living Urban Cabin concept presented at the architecture exhibition China House Vision draws on traditional Beijing forms of housing as well as developing innovative ideas for maximum quality of living within a minimum space. Dubai, UAE, October 01, 2018:  MINI presents the latest MINI LIVING Urban Cabin at the interdisciplinary architecture exhibition China House Vision in Beijing from 21 September to 4 November 2018. The micro-apartment concept was developed in cooperation with local architect Dayong Sun. The Urban Cabin in Beijing is now the ......read more

    ZAJEL and SIRA Signs Cooperation Agreement for Outsourcing Delivery Services

    Dubai – UAE – September 29, 2018:   The Security Industry Regulatory Agency in Dubai (SIRA) has concluded a logistic services agreement with ZAJEL, UAE’s fastest growing courier company. The agreement was signed by Mr Ahmed Muhammed Al Sayegh, Director of Resources and Corporate Support Department of SIRA, and Ms Khawla Kabanji, Chief Executive Officer of ZAJEL. The agreement aims to enhance pick-up and delivery services of documents for SIRA clients in accordance with the best international practices on the level of reliability and speed ZAJEL provides to ......read more

    2XL makes a bold statement with Lego sofa set

    UAE, Dubai; 27 September 2018:   2XL Furniture and Home Décor, the leading furniture, and home accessories brand in the UAE, has launched the mesmerizing beige Lego living room furniture for modern homes. Lego sofa set is simple, elegant and features a slim edge and golden tinge legs. Made with pine wood and soft foam, Lego makes for a comfortable seating experience. The beige color is a beautiful basic color that goes well with any wall color or accessory. The thin golden finished legs of this sofa give a luxurious look to the room. Dark flooring will help to highlight the ......read more

    Dyson Reveals the Future of Clean Homes.

    Dyson revealed the Dyson Cyclone V10 TM cord-free vacuum, which will set the path for vacuum cleaner technology for the next decade. “It’s why we’ve stopped developing corded vacuums”.  The new Dyson digital motor V10 is the fastest and most advanced Dyson digital motor, spinning at up to 125,000 rpm and giving the new vacuum the most powerful suction of any cylinder vacuum. Dyson also unveiled the new Dyson Pure Cool™ purifying fans which clean every corner of the room. The machines reveal the indoor pollution you can’t see – new LCD ......read more

    Danube Home Launches Its Impressive Garden Collection and First Ever Loyalty Card

    26th September, 2018; Dubai, UAE:   Danube Home, the UAE's leading home improvement brand announced its exclusive Garden Collection 2019 and launched its much awaited Ahlan – Loyalty program on 25th of September 2018 at Emirates Hills – Sajan’s Villa. Present on the occasion were Adel Sajan - Director Danube Group, Shubhojit Mahalanobis - General Manager Danube Home, Sayed Habib - General Manager buying along with other senior management of the company. As part of the garden launch, a new 2018/19 catalogue was introduced featuring more than 1500 items, serving ......read more

    Inaugural edition of Abu Dhabi International Boat Show 2018 to showcase new generation of leisure marine products

    Abu Dhabi, 24 September 2018/ADNEC/ Leading local and international leisure marine companies are gearing up to showcase their latest products and technologies set to impress leisure marine enthusiasts from around the world at the inaugural Abu Dhabi International Boat Show (ADIBS) 2018.  To be held under the patronage of His Highness Sheikh Nahyan Bin Zayed Al Nahyan, Chairman of the Board of Trustees of Zayed bin Sultan Al Nahyan Charitable and Humanitarian Foundation and Chairman of Abu Dhabi Sports Council, ADIBS will take place from 17th to 20th October at the Abu Dhabi National ......read more

    DHL Express announces its 2019 price adjustments in the U.A.E

    An average rate increase of 4.9%, effective January 1, 2019 Dubai, UAE September 24th, 2018:   DHL Express, the world’s leading international express services provider, announced today its annual price increase of 4.9% for shipments, effective January 1, 2019.    “DHL Express has been significantly investing in our international network to meet highest expectations and to offer an even better service for our customers globally,” said Geoff Walsh, UAE Country Manager, DHL Express. “Our aim is to deliver continuous improvement in quality ......read more

    WCU: Signs of life as dollar weakens and trade tensions ease

    By Ole Hansen, Head of Commodity Strategy at Saxo Bank Dubai, UAE, September 23, 2018:  The Bloomberg Commodity Index, which tracks the performance of 22 major commodity futures, rose from the ashes this past week. The 2% gain occurred after some early weakness after the US announcement of additional tariffs on $200 billion worth of Chinese imports.  The broad-based recovery that followed in global stocks and currencies was driven by a combination of the US tariffs coming in at the lower 10% bracket and China, while responding with its own counter tariffs, announcing plans to ......read more

    IYNC and the UAE Discuss the Way Forward for Global Nuclear Energy at IAEA General Conference

    The International Youth Nuclear Congress and the UAE Permanent Representation to the International Atomic Energy Agency co-hosted a side-event at the 62nd IAEA General Conference in Vienna, Austria Young professionals from the UAE, USA, China, Russia and France share their views on the future of nuclear energy and technology Dubai, UAE, September 20, 2018:  The International Youth Nuclear Congress (IYNC) and the United Arab Emirates (UAE) Permanent Representation to the International Atomic Energy Agency (IAEA) facilitated a discussion on the role of young people in the future ......read more

    ENEC Highlights Importance of International Cooperation and Capacity Development at the IAEA 62nd General Conference

    ENEC participates in 62nd Annual Regular Session of the IAEA General Conference, UAE side event and International Youth Nuclear Congress event ENEC CEO updated the attendees on the status of the Barakah Nuclear Energy Plant Project   Abu Dhabi, UAE – 19 September 2018: The Emirates Nuclear Energy Corporation (ENEC) participated in the 62nd  Annual Regular Session of the IAEA General Conference, taking place at the IAEA International Center in Vienna, Austria, from 17 to 21 September 2018. The ENEC delegation to the Conference is led by Eng. Mohamed Al Hammadi, ......read more

    Hormann introduces flexible V4015 high-speed door ideal for tight spaces

    Dubai, UAE; September 19, 2018:   Hormann, a leading provider of doors and gates in the region, has introduced a new door type- V4015 SEL Alu-R, that comes with an innovative tubular drive and high-speed process, making it ideal for tight spaces. It is safe and economical as it is equipped with the standard light grille and SoftEdge profile for a high level of security, to prevent door system damage by stopping the door immediately if a person or vehicle is in the door opening. These features make the door suitable for different sectors including general stores, hotels, homes, food ......read more

    Al-Futtaim ACE launches its stylish new Outdoor collection

    Dubai, September 18, 2018: As residents look to enjoy their outdoor space during the cooler months, home improvement and lifestyle store, Al-Futtaim ACE has the perfect solution to refresh or revitalize their garden or balcony.  The Al-Futtaim company has just launched its exciting Outdoor collection with hundreds of new products that will provide plenty of inspiration for customers to decorate their outdoor living space.  Whether it is alfresco dining, barbeque parties, camping or off-roading, picnics, gardening or celebrating the festive season, the collection includes new ......read more

    Mousses Etoiles to reveal the latest luxury designs of commercial-use outdoor furniture at the LEISURE SHOW DUBAI

    The renowned French outdoor furniture brand for hotels and resorts will display the latest collections and innovative designs from September 16-18, 2018 - DWTC   Dubai, UAE, September 15, 2018:  Mousses Etoiles, a leading French manufacturer of luxurious outdoor furniture, will be exhibiting their latest range at The Leisure Show Dubai, from the 16th to the 18th September in Hall 7 stand number 7E308 DWTC. Mousses Etoiles which has already begun providing UAE’s most prestigious hotels, will be looking forward to meeting and interacting with more hospitality professionals ......read more

    PAN Emirates bedroom festival with discount up to 70%

    Enjoy a wide variety of designs and combinations to suit every budget at one of the biggest bedroom festivals this year! PAN Emirates launches bedroom festival up to 70 per cent discounts PAN Emirates offers pre-arranged sets from cost effective Dubai, United Arab Emirates, September 12, 2018:   PAN Emirates Home Furnishings, the leading home-grown indoor, patio, and outdoor furniture brand in the region, continues to offer great value to it’s loyal customers with the launch of the bedroom festival.    During the festival, shoppers can enjoy ......read more

    Masdar, ADFD and PUC partner to build solar power plant with battery storage in Seychelles

    5MW Ile de Romainville Solar Park being developed with financing worth AED31 million from Abu Dhabi Fund for Development as well as funds from PUC’s own equity Solar PV project to be integrated with existing 6MW Port Victoria Wind Farm and PUC’s existing power station   Abu Dhabi, United Arab Emirates; Sept 12, 2018 – Masdar, Abu Dhabi Future Energy Company, will help the Public Utilities Corporation (PUC) in building a five-megawatt (MW) solar photovoltaic (PV) power plant with battery storage in the Republic of Seychelles The project is being financed by ......read more

    German designed kitchens offer innovation combined with craftsmanship

    Renowned interior designer, Perry Hanssen showcases contemporary kitchen spaces with SieMatic UAE Dubai, UAE, September 12, 2018:  The kitchen is probably the most used room in any home, so why not make it a space you enjoy spending time in. Introducing innovative German designed kitchens from SieMatic UAE, which is retailed at Al Gurg Lifestyle.    SieMatic offers customers a unique luxury experience to create and customise their dream kitchen, to fit any space and environment, be it sophisticated, elegant or classic.    Perry Hanssen is the creative force ......read more

    Harmony and Sustainability Define Ideal Standard's ‘Esedra' Ceramic Bathroom Collection

    Meets every modern bathroom’s desire to balance functionality and aesthetic appeal    Dubai, September 12, 2018:   Ideal Standard, one of the leading providers of innovative bathroom solutions operating across Europe, Middle East and Africa, has unveiled Esedra – a classic contemporary ceramic range that ticks every box in the requirement list of a modern bathroom space, which will not compromise on practicality or aesthetics.  The new line designed by Studio Levin exudes a fresh, energetic aura, clean lines and soft rounded shapes, all married ......read more

    Why the Modern-Day Oil and Gas Industry Needs Millennials to Survive?

    September 11, 2018 - Dubai UAE: A 2016 report by McKinsey & Company found that 14 percent of millennials said they would not work in the oil and gas industry because of its negative image – the highest percentage of any industry. With millennials set to comprise 75 percent of the workforce by 2025, it is imperative companies within the oil and gas industry do more to attract younger talent.  In recent years, the oil and gas industry has seen the landscape in which it operates undergo significant change, marked by a West-East shift in socio-political and economic power ......read more

    The Second “Maritime Leaders Roundtable” Seeks to Strengthen the UAE Ports' Leadership

    As per the latest industry recommendations to reinforce UAE’s prominent position  The first event of its kind that gathers decision makers in the maritime industry to discuss methods to develop the legal and procedural framework of the UAE ports in addition to improving the efficiency of its infrastructure and technology Dubai – United Arab Emirates – 11th of September 2018: Under the patronage of the Federal Transport Authority for Land and Maritime “FTA”, Tactics Maritime Media and Marasi News have successfully arranged “The UAE Maritime ......read more

    Yahsat and Hughes to Form Joint Venture to Deliver Satellite Broadband Services

    Hughes and Yahsat to provide commercial Ka-band satellite broadband service across Africa, Middle East and southwest Asia Dubai, UAE, September 10, 2018:  Yahsat, a leading global satellite operator based in the United Arab Emirates (UAE) and wholly owned by Mubadala Investment Company, and Hughes Network Systems (HUGHES), a subsidiary of EchoStar Corporation (NASDAQ: SATS), today announced an agreement to enter into a joint venture to provide commercial Ka-band satellite broadband services across Africa, the Middle East and southwest Asia. This new venture combines Hughes deep ......read more

    SNC-Lavalin awarded West Qurna phase 2 oil field contract in Iraq

    Dubai, UAE, September 09, 2018:  SNC-Lavalin (TSX:SNC) is pleased to announce that it has been awarded a framework agreement for project support services with LUKOIL Mid-East for the West Qurna phase 2 oil field in Iraq. “We continue to build on our long-term relationship with LUKOIL and to help them realize their projects successfully. Once again, we look forward to demonstrating our expertise in the delivery of professional services and our enviable reputation that has been earned in the region for over 50 years,” said Christian Brown, President, Oil & Gas, ......read more

    Restrictions on Employment of Foreign Nationals in Retail Sector Forthcoming

    Effective 11 September 2018, employment across four sub-sectors within the retail sector in Saudi Arabia will be restricted to Saudi nationals only. Foreign nationals will be prohibited from working in forty-three different professions.   September 09, 2018:  Thirteen professions across three additional sub-sectors will be subject to restrictions effective from 9 November 2018, and forty-four designations within five other sub-sectors will be affected from 7 January 2019 onwards.    Affected sub-sectors     Professions restricted to Saudi ......read more

    Hormann Introduces Door V2012 for supermarkets

    Dubai, UAE; September 06, 2018:   Hormann, a leading provider of doors and gates in the region, has introduced V2012 - a specialized door for supermarkets. This fully equipped door is a safe internal door for commercial enterprises with high customer frequency. The door comes with an operator and shaft cover manufactured with standard light grille (monitoring height 350 mm) and automatic emergency opening via a counter weight. These features make the flexible plastic curtain door a safe choice for indoor areas with high customer footfall. It is also possible to print the curtain ......read more

    Gazprom Neft, Mubadala Petroleum and the Russian Direct Investment Fund (RDIF) announce the completion of a transaction to jointly develop oil fields in Western Siberia

    Dubai, UAE, September 05, 2018:  Gazprom Neft, Mubadala Petroleum and the Russian Direct Investment Fund (RDIF, the sovereign wealth fund of the Russian Federation) have announced the completion of a transaction establishing a joint venture to develop oil fields in the Tomsk and Omsk regions of Western Siberia.  Further to an agreement announced on 24 May 2018, Gazprom Neft has now completed its sale of a 49-percent interest in Gazpromneft-Vostok LLC, operator of 13 fields, to Mubadala Petroleum and RDIF. Following the completion of this transaction Gazprom Neft now holds a ......read more

    Eros Group offers more Midea with every Midea this September!

    Dubai, United Arab Emirates – 5th September, 2018:   Eros Group, distributor of world-renowned brands like Samsung, Hitachi, Linksys, TCL, Midea, Sonos and many more unveiled exciting promotional offers for Midea products. This offer will run from the 6th of September till the 6th October 2018 only at Midea Showroom, Eros Digital Home, Level 2, Burjuman. Patrons will be able to avail a free Midea product with every purchase of a Midea product. Spend (excluding VAT) AED 200 to AED 499 and get a Midea Handheld Vacuum Cleaner worth AED 99, AED 500 to AED 999 and get a Midea ......read more

    Ajman University students receive training from Caparol Paints experts

    Dubai, September 05, 2018:  Caparol Paints, a global provider of German paint and coating solutions, provided professional training to a group of 15 Architects and Interiors stream students of Ajman University in infrastructure painting system as part of the Solar Decathlon Middle East (SDME) competition.  The team of 15 students under the name “Team Aqua Green” received training lessons from experts at Caparol in innovative painting systems using Caparol’s latest range of products. They were also taught the practical lessons on how to paint their houses by ......read more

    Čibuk 1 wind farm in Serbia reaches key construction milestone

    Dubai, UAE, September 04, 2018:  A collaboration between Masdar, Taaleri Energia and the German development finance institution DEG to develop the largest utility-scale commercial wind project in Serbia has successfully reached a number of key milestones, and is on schedule to start production early next year. Čibuk 1 in Dolovo, situated 50km outside the capital Belgrade, has completed the construction of 33 overhead pylons allowing for the energisation of the wind farm’s substation, its connection to existing transmission lines 11km away, and the handover of the ......read more

    Atlantic Council Global Energy Forum Returns to Abu Dhabi in 2019

    Abu Dhabi, UAE, September 04, 2018:  The third annual Atlantic Council Global Energy Forum will be held in Abu Dhabi on January 12-13, 2019, again kicking off Abu Dhabi’s Sustainability Week. The two-day premier event gathers international and regional political, industry, and thought leaders to set the global energy agenda for the year and examine the longer-term geopolitical and geo-economic implications of the changing energy system. The conference agenda this year will focus on the future of oil, the digitization of energy, diversification in energy companies and countries, ......read more

    JYSK Opens Second Dubai Store

    City Centre Mirdif opens with VIP event and weekend sales Dubai, UAE, 3 September 2018:   Danish retail chain, JYSK, pronounced ‘yusk’, has today announced the opening of its second store located in City Centre Mirdif with a grand VIP launch and family fun activities over the weekend.  Following the hugely successful opening of its debut location in Umm Suqeim earlier this year, the Scandinavian homeware pioneers are now offering consumers even more choice in their new outlet.   During the opening weekend (30th August – 1st September) ......read more

    2XL launches Hemlock corner sofa set

    2XL also offers customers the chance to win 100 Swiss gold bars during the month of September Dubai, UAE; 03 September, 2018:  2XL Furniture and Home Décor, the leading luxury furniture and home accessories brand in the UAE, has launched their Hemlock corner sofa set in dark grey for modern living rooms.  Hemlock corner sofa is both stylish and flexible. The polyester fabric and foam of the sofa makes for a comfortable seating experience. You can add the Hemlock ottoman to add more seating options. To create a more vibrant atmosphere, colorful cushions would be a great choice. ......read more

    FANR and Khalifa University Sign Collaborative Research Agreement

    2 September 2018, Abu Dhabi, United Arab Emirates: The Federal Authority for Nuclear Regulation (FANR) and Khalifa University of Science and Technology (KU), have signed a collaborative research agreement focused on advancing nuclear safety research and educating the UAE’s next generation of peaceful nuclear energy professionals. The agreement was signed during a ceremony held at FANR’s headquarters by Christer Viktorsson, Director General of the Federal Authority for Nuclear Regulation, and Dr. Arif Sultan Al Hammadi, Executive Vice President of Khalifa ......read more

    Emerson opens Flow Calibration Service Center for Middle East and Africa

    August 29th, 2018 – Emerson has recently opened its Middle East and Africa Flow Service Center at its Dubai campus. The facility will operate as a service center for customers in the Middle East and Africa. “The establishment of the Flow Service Center on Emerson’s Dubai campus reflects our ongoing commitment to the Middle East and Africa region, providing accessible local and certified services,” said Jeff Householder, president – Middle East & Africa, Emerson Automation Solutions. The National Metrology Institute of the Netherlands has provided ......read more

    Quote of Dr. Layla Mohamed Al Marzouqi

    “As the nation prepares to celebrate the 4th Emirati Women's Day under the theme ‘Women on the Course of Zayed’ to honor the achievements of Emirati women and their contributions to the UAE’s development and prosperity through local, regional, international and leadership positions, the outstanding progress made by women across all professional and technical sectors is sure to inspire future generations to pursue excellence with confidence and pride. Thanks to the unceasing support and guidance of the wise leadership, Emirati women continues to soar to new heights ......read more

    Caparol signs strategic agreements in Iraq to increase market reach

    Dubai, August 19, 2018:   Caparol Paints, the German leader in the global paints industry, recently signed strategic partnership agreements with a number of contractors from Iraq to increase its market reach in the country.  Caparol hosted contractors from various parts of Iraq to provide them with firsthand experience of Caparol’s paints and techniques.  This is part of Caparol’s growing interest in the region and increasing its reach across the Middle East. The contractors were given insights on various Caparol paint techniques, the strength of the brand ......read more

    Feel Alive Again With the New IKEA 2019 Catalogue

    Newly launched 2019 catalogue makes its way to the UAE celebrating the different ways we live at home  Dubai, United Arab Emirates, 16 August 2018:  IKEA, the region’s favourite Swedish home-furnishing retailer, has launched the 2019 catalogue in its 75th year, at an exclusive event at Marsa Plaza - Dubai Festival City, Residential Apartments by celebrating the many different needs that people have in their lives at home and inviting them to feel alive again. As one of the most widely distributed prints in the world, produced in 35 accessible languages, the catalogue ......read more

    2XL's Nicola dining furniture creates a welcoming space to enjoy a meal

    Dubai, UAE; 15 August, 2018:   2XL Furniture and Home Décor, leading luxury furniture and home accessories brand in the UAE, has launched their stylish Nicola dining table and chairs designed to make dining an experience to be cherished. The set consists of a stunning grey and golden dining table and six chairs, all made of fine beech solid wood. The chairs are cushioned and stylishly designed with golden tinge on the edges. The dining table legs are a classic style with golden colour rims.   Nicola dining table and chairs are perfect for a great meal with friends and ......read more

    EMEA Businesses Prioritise Finding and Keeping Talent in 2018, HireRight Research Reveals

    Dubai, UAE, August 14, 2018:  HireRight, a leading provider of global candidate due diligence services, has announced findings from its 2018 EMEA Employment Screening Benchmark Report. Finding, retaining and developing talent has been earmarked as a key challenge this year for more than half (52%) of EMEA businesses, according to the latest annual EMEA employment screening benchmark report from HireRight. In this year’s survey of human resource (HR) and risk professionals in Europe, the Middle East and Africa (EMEA), employee growth emerged as one of the top priorities for EMEA ......read more

    Elephants migrate despite protected area boundaries and international borders

    Dubai, UAE, August 13, 2018:  A new study from the Conservation Ecology Research Unit (CERU) at the University of Pretoria set out to unravel migration in the world’s largest terrestrial mammal - the savanna elephant. Migration, a term often associated with wildebeest in the Serengeti, is more common amongst large mammals than one might think, particularly in species that inhabit highly seasonal environments. A common assumption is that elephants also migrate but until now there has been a lack of evidence to support this notion. “We know elephants can move long ......read more

    DMCA continues to enhance efficiency of berthing operations in Dubai

    The Dubai Maritime City Authority (DMCA) announced its success in achieving advanced levels of operational efficiency in commercial anchoring operations within Dubai's territorial waters, thereby achieving significant progress in the upgradation of regulatory and marine processes and operational procedures for berths. Six berths and a special Rendezvous area for quick berthing have been allocated depending on the vessels’ lengths and the nature of their respective operations, in line with the efforts to lay the foundations for integration of maritime safety, safe navigation and ......read more

    2XL enhances e-commerce services with ‘cash on delivery' option

    Dubai, UAE, August 11, 2018:  2XL, the homegrown luxury furniture and home décor brand, has upgraded their e-commerce services with the launch of ‘cash on delivery’ option on orders of accessories worth AED 500 to AED 2000. The user-friendly website- www.2xlme.com- features latest products from 2XL’s collections.  All products are delivered in three working days within the UAE and the cash on delivery is from AED 500 to AED 2000 on accessories only. According to Amit Yadav, Marketing Manager, 2XL Furniture and Home Décor, “E-commerce is now an important ......read more

    King Abdullah Port extends support to Seatrade Maritime Middle East 2018 as Gold Sponsor

    August 09, 2018 - As part of its bid to become one of the world’s major import and export hubs, King Abdullah Port - the Kingdom of Saudi Arabia’s (KSA) first fully privately owned, developed and operated port - has joined the elite list of Gold Sponsors of the premier Seatrade Maritime Middle East (SMME) 2018 in Dubai in a move that reflects its firm, unwavering support for the growth of the regional maritime industry. Seatrade Maritime Middle East 2018, the region’s premier maritime exhibition and conference, will be held at the Dubai World Trade Centre from October 29 ......read more

    Dubai Maritime City Authority reaffirms commitment to regulating maritime operations in Dubai waters

    Reaffirming its commitment to promote, develop and regulate the maritime sector, the Dubai Maritime City Authority (DMCA) continues to oversee the improvement of the regulatory and operational procedures for berths in Dubai, in line with the strong efforts to accommodate the growing demand for marine, commercial, tourism, sports and recreational vehicles, while ensuring the maritime safety, safe navigation and operational efficiency along the coastlines. The follow-up of marine operations within Dubai's territorial waters is part of the Authority's commitment to improve maritime ......read more

    Public-Private Partnerships to boost Economic development in the Gulf

    Oliver Wyman releases new report highlighting the impact of PPPs on national infrastructures across major Gulf economies  Dubai, United Arab Emirates, 07 August 2018:  In recent years, since the oil price slump, plans have emerged across the Gulf to curb fiscal deficits and diversify economies, most notably through the development of national infrastructure, highlights a new report by Oliver Wyman.   Titled “How Public-Private Partnerships can support the Gulf’s Economic development,” the report highlights the significance of the private ......read more

    The 2nd Edition of the Phanes Group Solar Incubator set to kick off 7th August 2018

    Winner(s) will be announced at the “Unlocking Solar Capital: Africa 2018” conference in November Dubai, UAE, August 07, 2018:  Phanes Group, an international end-to-end solar provider headquartered in Dubai, UAE, has announced the 2nd edition of its Solar Incubator program, aimed at identifying PV projects of potential in sub-Saharan Africa by providing support to funding, and commercial and technical knowledge. The initiative held under the theme, “Your Project, Our Expertise, For a Sustainable Future”, will be held in collaboration with Hogan Lovells, ......read more

    Agility Reports 19% Q2 Earnings Increase

      Q2 2018  (Million KD  Q2 2017 (Million KD) Variance (%)  H1 2018 (MillionKD) H1 2017 (Million KD) Variance (%) Revenue 384.2   342.1 12.3% 756 662.6 14.1% Net Revenue 124.3 117.8 5.5% 248.9 228.6  8.9% EBITDA  37.1 32.6   13.6%  74.8  63.4  18 % Net ......read more

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