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    Phase 3 of MBR Solar Park in Dubai wins Solar Project of the Year 2018 at the Asian Power Awards

    Dubai, UAE, October 17, 2018:  The third phase of the Mohammed bin Rashid Al Maktoum (MBR) Solar Park in Dubai has been awarded Solar Project of the Year 2018 at the Asian Power Awards in Jakarata.  Ian Warrilow, President and Country Manager of Mubadala Petroleum, accepted the award on behalf of Masdar (Abu Dhabi Future Energy Company), a partner in Shua’a Energy 2, the project company developing Phase 3. The shareholders in Shua’a Energy 2 are Dubai Electricity Water and Electricity Authority (60%); Masdar (24%); and EDF Renewables (16%). A Masdar-led consortium set a record-low price for solar power generation when it successfully bid to develop Phase 3 in 2016.  The 800-megawatt (MW) project is the largest expansion of the MBR Solar Park undertaken so far. The first 200MW stage was inaugurated in ......read more

    Danube Home to Provide Free Gynaecologist Consultation on 26th and 27th October

    17th October, 2018; Dubai, UAE:   Danube Home, the UAE's leading home improvement brand is launching a ‘Pink Weekend’ campaign to offer free of cost consultation by a gynaecologist at Danube Home Sheikh Zayed showroom on 26th and 27th October 2018 in order to raise awareness about women’s health related issues, breast cancer in particular.  The World Health Organisation's (WHO) International Agency for Research on Cancer (IARC) states that breast cancer accounted for more than 20 percent of the total 4,707 new cancer cases that were found in the UAE in 2018. As per the date one in five men and one in six women worldwide develop cancer during their lifetime, and one in eight men and one in 11 women die from the disease. Hence to raise awareness about this devastating disease the group initiated ......read more

    Etihad Cargo Embraces Digital World as It Migrates to New Icargo Technology Platform

    Abu Dhabi, United Arab Emirates, October 16, 2018:   Etihad Cargo, the cargo and logistics arm of Etihad Airways, this week celebrated a significant moment in its relatively short 14-year history, fully migrating to “SPRINT”, an IBS iCargo fully integrated technology platform offering the digital answer to its evolving cargo management needs. Etihad Cargo joins a growing number of global carriers migrating their traditionally telephone and paper-based services online, through its new-look and revamped etihadcargo.com website, as well as digitalizing processes across all critical business functions, offering Etihad Cargo’s customers a platform to seamlessly manage all air cargo needs. Abdulla Mohamed Shadid, Etihad Airways Managing Director Cargo and Logistics Services, said: "We are extremely ......read more

    DHL Express guides MENA online merchants to the trillion-dollar global e-commerce market

    Brings ‘Where Everything Clicks’ global campaign to educate businesses on how to increase their share of the global e-commerce market Campaign targets e-commerce merchants, enterprises of all sizes, start-ups, and online entrepreneurs   Dubai, UAE, October 16, 2018:  DHL Express, the world’s leading international express service provider, is set to launch its global campaign ‘Where Everything Clicks’ in Middle East and North Africa (MENA) region, to guide online merchants to navigate and access the booming and lucrative global e-commerce marketplace.  DHL Express aims for the campaign to reach companies ranging from start-ups to large enterprises, advising merchants on how to optimize their websites for international sales and to create a competitive advantage via shipping ......read more

    Mega Clearance up to 90 % and VAT-free at Pan Emirates

    Grab all your favourite items from the store at amazing prices, and take it home VAT-free! Dubai, UAE, October 15, 2018:   PAN Emirates Home Furnishings, the leading home-grown indoor, patio, and outdoor furniture brand in the region, brings you the season’s biggest clearance sale of the season.  Save big with the Mega Clearance sale, where you can shop your favourite items at pocket-friendly prices. Not only that, all your shopping will be VAT-free, so you can shop to your heart’s content. The store features diverse collections, including Traditional, Classic, Rustic, Country, and Victorian themes that are chosen to suit the needs and taste of their customers. PAN Emirates imports their products from countries like Turkey, Egypt, USA, Vietnam, Taiwan, Malaysia, China, Italy, Germany, and India, ......read more

    ZAJEL to unveil future plans for Smart services at GITEX 2018

    To be part of emaratech Stand at the five-day ICT platform 25 per cent growth in its operations recorded in 2017  Kabanji: Logistics and Courier company plans to match the industry’s needs until 2023 Dubai, UAE, 13 October, 2018:   ZAJEL, the UAE’s national courier and logistic services company, will be showcasing its Smart services, achievements and strategic plans during its participation in GITEX Technology Week at the Dubai World Trade Centre (DWTC) from October 14 to 18. The 38th edition of the much-anticipated Gulf Information Technology Exhibition (GITEX) is expected to draw more than 4,000 exhibitors from over 100 countries. The show will take place across 1.4 square million feet and 21 halls divided into sectors. ZAJEL will utilize the platform to showcase its products and smart ......read more

    Nawah Energy Company Establishes World's First Nuclear Language Proficiency Standards

    Committed to effective safety communication as part of a healthy nuclear safety culture, Nawah has developed the first language standards for the nuclear industry The Innovative Nuclear English Development Center in Barakah Nuclear Energy Plant supports continuous learning and development of all employees Abu Dhabi, UAE – 13 October 2018:   Nawah Energy Company (Nawah), the operator of the Barakah Nuclear Energy Plant in the Al Dhafra Region of Abu Dhabi, has become the first company in the world to develop English language standards for nuclear plant operations. These standards play a significant role in ensuring a high level of effective safety communication as part of a healthy nuclear safety culture.   With employees from more than 40 nationalities, Nawah is the most multinational and ......read more

    CALIBRATE the right diet to manage your pet's weight

    Dubai, UAE, October 13, 2018:  Obesity is a major health concern for today’s pet cats and dogs, and successful weight management can save your furry friend’s life. However, the weight loss process can be extremely challenging, especially for the most obese animals (and their loving owners). With the right diet, and appropriate exercise, however, you can quickly improve your pet’s quality of life and give them a much better chance of living a longer and happier life.   According to the Association for Pet Obesity Prevention pets are increasingly being diagnosed with clinical obesity, which is far worse than being just a little bit overweight.  A 2017 survey conducted by this organisation showed that 56 percent of dogs and 60 percent of cats were classified as obese or overweight by their ......read more

    Masdar Signs Region's First Green Revolving Credit Facility to Drive Sustainability Goals

    Abu Dhabi, October 11, 2018 -   Masdar, Abu Dhabi Future Energy Company, has signed a green revolving credit facility (RCF) with four local and international banks to provide funding for new and ongoing investments in its global clean technology and sustainable real estate projects. The facility, which is the first green RCF in the Middle East, has been arranged with the UAE’s First Abu Dhabi Bank, Societe Generale Corporate & Investment Banking, Japanese multinational banking and financial services company Sumitomo Mitsui Banking Corporation, and pan-European global banking and financial services group UniCredit - together the mandated lead arranger (MLA) and bookrunners – as part of their ongoing commitment to sustainable finance. The three-year facility includes a number of ‘green features’ ......read more

    Masdar announces WiSER Pioneers Programme at Mohamed Bin Zayed Majlis for Future Generations

    Abu Dhabi, United Arab Emirates; October 11, 2018:  Masdar (Abu Dhabi Future Energy Company) has launched the Women in Sustainability, Environment and Renewable Energy (WiSER) Pioneers Programme, a year-round agenda aimed at nurturing young women aged 20-30 into the next generation of sustainability leaders through proactive engagement with policy makers, industry leaders, technical experts, entrepreneurs and community figures. The announcement was made at the second edition of the Mohamed Bin Zayed Majlis for Future Generations, 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 WISER Pioneers Programme, involving access to bespoke educational workshops, global networking events, and highly sought-after professional ......read more

    ENEC Hosts Supplier Forum to Support Growth and Development of Local Supply Chain

    Representatives of UAE-based suppliers were updated on the status of the Barakah Project and upcoming opportunities and requirements     Abu Dhabi, UAE – 10 October 2018: The Emirates Nuclear Energy Corporation (ENEC), in collaboration with its subsidiary, Nawah Energy Company (Nawah), hosted a Supplier Forum today in Abu Dhabi. The forum brought together delegates representing a diverse range of UAE-based companies as well as employees from ENEC and Nawah.   The forum is an integral component of ENEC’s ongoing efforts to support the development and growth of a local supply chain that can meet operational service, spare part and consumable requirements for the safe, secure and efficient construction and operation of the Barakah Nuclear Energy Plant for the next 60 years or more. The forum ......read more

    John Lewis Brings Fall to Your Home This Season with ‘Collectors House' Accessories, Available Exclusively at Robinsons

    Add a touch of modern luxury to your home with stylish and elegant home accessories from John Lewis, seen only at Robinsons Department store Dubai, UAE, October 09, 2018:    This Autumn, give your home a picture-perfect seasonal update with John Lewis’s new Collectors House range, available exclusively at Robinsons in Dubai Festival City Mall.     John Lewis, Collectors House, Available at Robinsons The Collectors House edition features a stunning selection of products for the home that celebrate modern luxury and add a touch of elegance to your living space. Based on the John Lewis archives, the new range draws from individual influencers and focuses on reimagined prints that can be found across textiles, décor and home accessories.  This season, customers can choose from a great ......read more

    ADNOC and BHGE Form a Strategic Partnership to Improve Drilling Efficiencies and Grow ADNOC Drilling into a Fully-Integrated Drilling and Well Construction Business

    Strategic partnership will expand ADNOC Drilling’s capabilities into the integrated drilling and well construction segment and expand BHGE’s presence in the UAE BHGE will acquire a five percent stake in ADNOC Drilling, valuing the business at $11 billion, and the partnership will enable ADNOC Drilling to gain greater market access and new business opportunities ADNOC Drilling will obtain exclusive access to BHGE capabilities, market leading technology and equipment portfolio in the UAE to strengthen its service offering, technical expertise, improve drilling efficiencies and know-how ADNOC will capture more value from growth across its conventional and unconventional hydrocarbon resources, expand local talent development opportunities and generate greater in-country value for the UAE Abu Dhabi, UAE – ......read more

    Global Report Reveals That the “Feeling of Home” Is Moving Beyond Four Walls

    35% of people living in cities say they feel more at home away from home 64% of all people would rather live in a small home in a great location than a big home in a less ideal location 60% of all people are ready to create a life at home that’s different from the one they were brought up in Dubai, UAE, October 08, 2018:   The traditional idea of where we get the feeling of home has been disrupted, according to a global research project by IKEA Group. The fifth edition of the Life at Home Report – an annual study into domestic living trends around the world – found that 29% of people globally say there are places where they feel more at home than the space they live in. The research also observed a significant increase in this feeling amongst people who live in cities, where the ......read more

    AXOR is the official partner for bathroom fixtures of the Design Hotels™ brand

    AXOR x Design Hotels™ Bring Together 25 Years of Design Excellence and Architectural Competence Dubai, UAE, 8 October 2018:   As of October, AXOR, the design brand of the Hansgrohe Group, will be the official partner of Design Hotels™. This partnership enables member properties of the Design Hotels™ community to take advantage of recommendations for bathroom interior design provided by their marketing platform. With this step, the two companies will merge their 25-year histories of pioneering and marketing unique design objects, and promoting architecturally sophisticated, privately owned hotels. From Hong Kong to Mexico, AXOR taps, showerheads and accessories are regularly featured in Design Hotels™ member properties; for example, in the Hotel Liberty, a former prison in Offenburg/Germany, the ......read more

    Make your home stand out this winter

    Dubai, October 07, 2018:    Winter brings with it lower temperatures, a need for hot chocolate and a mood to snuggle in. As the temperatures continue to dip in the UAE, house parties are being shifted outdoors but homes will always remain the place to unwind, light some candles and relax.  As we wreak havoc to our wardrobes to find warmer clothes, a home makeover seems inevitable to go with the upcoming cooler months.  Incorporating suitable weather oriented colours into homes transforms a living space, makes it trendy and creates a lasting impression on those that visit.  This winter Caparol Paints throws all caution to the winds and creates a palette that incorporates pastels and darker hues. Painted in different ways the colours become a  part of transforming the living space. Along with providing ......read more

    ENEC Continues to Inspire New Generations of Future Energy Pioneers

    ENEC engages with students at Al Sila School as part of Schools Outreach Program Students learn about peaceful nuclear energy and its importance to the future growth and development of the UAE Abu Dhabi, UAE – 3 October 2018:   The Emirates Nuclear Energy Corporation (ENEC) organized a visit to Al Sila School, located in the Al Dhafra region of Abu Dhabi Emirate. During the visit, students took part in a variety of activities and learned about the UAE Peaceful Nuclear Energy Program and its importance to the future growth and development of the nation.   The visit to Al Sila comes as a part of ENEC’s ongoing Schools Outreach Program, which focuses on raising awareness and understanding of the UAE Peaceful Nuclear Energy Program, educating students of all ages on how nuclear energy is used, and ......read more

    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 Saturdays 13th and 27th at the Courtyard. Adoption fees apply. 

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    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 outstripped demand growth. Yields, however, appear to be holding up.    Growth is being supported by a number of factors, including buoyant consumer confidence, an upturn in the global investment cycle and growing international e-commerce. ......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 elegance for all the collection; one that checks the ‘versatility box’ too. With six different basin mixers, both rim-mounted and built-in, with bidet, bath and shower mixers wall mounted and built-in, there is no need that remains uncovered. ......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 latent risk for some GCC banks. A few banks with exposure to Turkey will see some impact on their asset quality. Three-quarters of the 24 GCC banks we rate carry a stable outlook. Negative outlooks are concentrated in Qatar and on a few banks in ......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 seating collection blends form and functionality beautifully to ensure you can make the most of any living space. From a simplistic three-piece sofa to natural rattan chair, each design can help transform an ordinary room into a one-of-a kind hangout that ......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 fourth interpretation of the concept developed by MINI LIVING last year. The Urban Cabin provides temporary living space with a high degree of flexibility and lots of possibilities – on a surface area of just 15 m2.  One particular design ......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 its customers. Al Sayegh stressed that this partnership agreement with ZAJEL stems from the global reputation the company enjoys in the field of courier services, which falls within our strategy that aims to delight our customers and provide them ......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 simplicity of the sofa set. According to Amit Yadav, marketing manager, 2XL, “With clean lines, curves and a burst of golden tinge, Lego creates an understated look perfect for modern living rooms. Beige living room furniture, like Lego, holds a ......read more

    Other Top Stories from Others
     
    UPS Launches Flagship $163 Million Hub in Dp World London Gateway Logistics Park

        UPS, DP World collaborate to enhance trade flow processes, improve customer experience     Acts as key gateway to growth in UPS’s smart global logistics network Dubai, United Arab Emirates, May 16, 2018:  UPS (NYSE:UPS) officially opened its new 32,000 square metre package sorting and delivery facility in the south east of England. At $163 million, the new London Hub is one of UPS’s largest single infrastructure investments outside of the United States in the company’s history. “Every single day, we see evidence of a more ......read more

    MEFMA receives Silver Award at Global FM Awards 2018

    May 16, 2018: The Middle East Facility Management Association (MEFMA), a non-profit association that provides a dedicated platform for facilities management (FM) professionals, wider construction industry stakeholders, and owner associations, has revealed that one of its founding members, Enova, has won a Silver Award at the recently concluded Global FM Awards 2018. The company was recognized for its excellent performance and key contributions to the FM industry--particularly its exceptional business processes and procedures. Enova, a smart integrated energy and facilities management (FM) ......read more

    Big Oil Production Is Still Growing Despite Capex Cuts

    May 16, 2018, United Arab Emirates:  Since mid-2014, the harsh cyclical downturn in oil prices has tested, and proved, the resilience of international oil majors' integrated business models. S&P Global Ratings recognizes the majors' downstream refining and petrochemical assets provided them with a cushion as cash flows from the upstream businesses, especially straight exploration and production businesses, plunged.  Those downstream businesses have since taken a backseat as higher oil prices, lower costs, and capital expenditure (capex) ......read more

    How to Turn Your Bathroom into a Relaxing Home Spa

    After a long week at work, there’s nothing better for your body and mind than relaxing at a visit to the spa. Unfortunately, regular spa visits can quickly add up in cost, and during the colder months, most people would rather stay and relax at home. But, the good news is that you don’t have to miss out on your soothing spa visits, even if it’s freezing outside or you’re on a tight budget. There are several things that you can do to turn your bathroom into a calming, spa-like sanctuary right there in your own home. #1. Improve the Visual Appeal: First and ......read more

    Global Light and Power Celebrates 10 Years with the Opening of their New Showroom in Dubai

    May 15, 2018 - Dubai, UAE: Established in 2008 with their first office in Al Quoz, Global Light and Power (GLP) offer bespoke lighting design solutions with upscale qualities and ideal functionality.  The locally grown company’s 1000 sq. foot showroom showcases both indoor and outdoor LED lighting solutions which include a range of existing and newly designed and manufactured products, displayed to highlight the techniques, applications and effects of each lighting fixture.  Founder and Managing Director of GLP: “It has been a great year for the team. Not only ......read more

    DSI Enhances Net Profit in Q1 2018

    Q1 2018 Highlights                   Revenue stood at AED 693 Million Gross Profit reported at AED 101 Million Operating Profit reported at AED 45 Million Achieved Net Profit of AED 7 Million Total Projects Backlog stood at AED 5.4 Billion UAE – 15 May 2018 – Drake & Scull International PJSC (“DSI” or the “Company”), a regional leader in engineering and construction services, reported today the results for Q1 2018. The overall revenue in the first quarter stood at AED 693 Million, as ......read more

    JAFZA GENERATES OVER USD 83B IN TRADE

    Dubai, United Arab Emirates, 15 May 2018:  DP World, UAE Region including Jebel Ali Free Zone (Jafza) has reaffirmed its position as the region’s top trade and logistics hub by generating 29.4 million Metric Tonnes (MT) of trade, valued at $83.1 billion in 2017.  The figures contribute 23% to the total value of trade in Dubai, 70% of the value of all Dubai’s free zone trade combined and has increased 4% year on year. The volume of trade amounts to 97% of Dubai’s total free zone trade, 32% of Dubai’s total trade and has seen a 6% increase in trade ......read more

    Over 200 Senior Energy, Petrochemical and Private Sector Leaders and CEOs Tour Ruwais As Part of the ADNOC Downstream Investment Forum

    Visit included a tour of Ruwais Industrial Complex and Ruwais City Investment and expansion of Ruwais to form centrepiece of ADNOC’s Downstream Strategy  Abu Dhabi, United Arab Emirates, May 15, 2018:  As part of the launch of the Abu Dhabi National Oil Company’s (ADNOC) new Downstream strategy at the ADNOC Downstream Investment Forum in Abu Dhabi this week, over 200 senior energy, petrochemical and private sector leaders and CEOs toured the Ruwais Industrial Complex and Ruwais City, where they viewed existing facilities and key assets and were briefed on ......read more

    “Gulf Navigation Holding” achieves AED 10 million gross profit during Q1 2018

    The company also has successfully launched the "Young Arab Cadet Program" to train and qualify Arab and National cadres in the maritime field Dubai, United Arab Emirates, May 15, 2018:  Gulf Navigation Holding PJSC, headquartered in Dubai and listed in the Dubai Financial Market entitled with “GULFNAV”, announced a 5% increase in its gross profits by the end of first quarter 2018 in comparison to the first quarter 2017. This announcement comes consequently with the company’s successful completion of the requirements needed to make the Gulf ......read more

    Tristar's Eships Wins ‘Best Maritime Company' Award from DMCC

    Dubai, UAE; May 15, 2018: Eships, a subsidiary of UAE-based Tristar Group was announced as the ‘Best Maritime Company’ at DMCC Member Awards 2018. The award celebrates successful companies operating from the DMCC freezone.  Shailesh Bildikar, Chief Operating Officer, and Sanjay Sachdev, Technical Director, received the award on behalf of Eships. According to Balaji Nagabhushan, Group Chief Administrative Officer, Tristar Group: “DMCC is one of the leading free zones in the world and we are proud to receive this honour from them. It is a recognition of the ......read more

    Access World Logistics Opens Facility at Jafza with AED 40 Million Investments

    Dubai, United Arab Emirates, 14 May 2018:  Access World Logistics L.L.C. – a joint venture between RHS Group, Dubai and Switzerland-based Access World, inaugurated a state-of-the-art 3rd party logistics & warehousing facility on Wednesday, 09 May 2018 in the Jebel Ali Free Zone. The facility, with a storage capacity in excess of 100,000 freight tons of multiple products, has a 15,200 m2 covered warehouse with Very Narrow Aisle (VNA) racking systems as well as bulk-stowage space, and air-conditioned (220C’) as well as ambient-temperature warehousing space, plus an ......read more

    Abu Dhabi National Takaful Co. PSC Announces a Combined Net Profit of AED 26.9 million in Q1 2018 Achieving 34% Growth in Profitability

    Abu Dhabi: Thursday, 10 May 2018: Abu Dhabi National Takaful Co. PSC (ADNTC), the leading takaful operator in the region and one of the most progressive insurers in the UAE, has released its financial results for the first quarter of 2018 ending on 31 March 2018, announcing a combined net profit of AED 26.9 million (for policyholders & shareholders before Qard Hasan provision) achieving a growth of 34% compared to AED 20.1 million for the same period last year.  The technical profit reached AED 33.5 million showing an increase of 24 % compared to AED 27 and the underwriting profit ......read more

    JAFZA'S PETROCHEMICAL COMPANIES GENERATE AED 16 BILLION

    DP World, UAE Region highlights sector-wide collaboration at GPCA Supply Chain Conference Dubai, United Arab Emirates, 12 May 2018:  Petrochemical companies operating in Jebel Ali Free Zone (Jafza), the region’s premier business and logistics hub, generated trade worth AED 16 billion in 2017. Jafza is home to 526 companies in the sector from 67 countries and will be exhibiting its services in the petrochemical sector at the 10th GPCA Supply Chain Conference in Dubai. Sultan Ahmed Bin Sulayem, Group Chairman and Chief Executive Officer, DP World, said: “Creating ......read more

    Maritime Advisory Council discusses industry challenges and opportunities of Maritime sector during third periodic meeting

    09 May 2018. Dubai, UAE: The Maritime Advisory Council, one of the initiatives under the umbrella of the Dubai Maritime City Authority (DMCA), held its third periodic meeting under the chairmanship of Mark Gistebrich, Chairman and Chief Executive Officer of Maersk in West and Central Asia, to monitor, discuss and study the challenges facing the maritime sector in Dubai for appropriate and effective solutions. The meeting forms part of the efforts to integrate and establish constructive cooperation between public and private industry leaders to push for Dubai’s transformation into a ......read more

    DMCA adopts ‘Dubai Maritime Innovation Quattro Helix Partnerships' to promote local maritime sector

    May 8, 2018. Dubai, UAE: In line with Dubai Plan 2021 to make Dubai a leading hub in the global economy and in support of the Dubai Industry Strategy, the Dubai Maritime City Authority (DMCA) has held recently the important and exclusive “Dubai Maritime Innovation Quattro Helix Partnerships” workshop to reinforce its coordination with Government, Academicians, private sectors and research and development (R&D) institutions in Dubai to build a leading and pioneering maritime cluster, help diversify the economy, and meet the needs of the future. Amer Ali, Executive Director ......read more

    H.E Sultan Al Suwaidi opens 2XL's 71000 sq.ft refurbished Sharjah flagship store

    Sharjah, UAE; May 08, 2018:   2XL, the leading luxury furniture and home décor brand in the UAE, has relaunched its flagship store in Sharjah with a new look, wider selection and larger space. The 71000 square feet outlet is now one of UAE’s largest home and décor space, spread across three floors.  Lavish spaces are dedicated to carefully designed living spaces, bedrooms and dining areas, making customers feel like they are walking through a palatial home.  H.E Sultan Abdullah bin Hadda Al Suwaidi, Chairman of Sharjah Economic Development Department, officially ......read more

    Agility's Earnings Release Q1 2018

    Agility’s Financial Results for First Quarter 2018     Q1 2018 (Million KD)     Q12017(Million KD) Variance  (%) Revenue  371.8 320.5 +16% Net Revenue 124.6 110.8 +12.5% EBITDA  37.7 30.8       +22.6%  Net Profit  18.9  14.6  +29.8% EPS (fils)  15.2  11.6  +30.3%     Figures in the table above have been ......read more

    DowDuPont Reports First Quarter 2018 Results

    GAAP EPS from Continuing Operations of $0.47; Adj. EPS Increases 7% to $1.12 GAAP Net Income from Continuing Operations of $1.1B; Op. EBITDA Up 6% to $4.9B Net Sales Rise 5% to $21.5B, driven by Segments Within the Materials Science and Specialty Products Divisions Cost Synergy Savings of >$300MM; Run-Rate Ahead of Plan and Now on Pace to Achieve 75% Run-Rate of $3.3B Commitment by the End of the Third Quarter of 2018 DWDP Expects Op. EBITDA up ~15% in 1H18; 2Q Op. EBITDA up in all Divisions: Ag high-30s percent; Materials Science mid-teens percent; Specialty Products ......read more

    Al Falak extends support to 6th East Coast Heritage Festival in Dammam

    May 6, 2018 - Al Falak Electronic Equipment & Supplies Co. recently extended support to the highly successful 6th East Coast Heritage Festival in Dammam, as a form of its full commitment to help promote the Kingdom’s rich traditions and lasting legacy. Al Falak was a sponsor of this year’s edition of the annual festival held at the King Abdullah Park in the waterfront of Dammam. Various activities and events were staged to feature the province’s traditions, cultural identity, and heritage in relation with its maritime environment in a bid to attract visitors from all ......read more

    H.E. Sheikh Nahyan bin Mubarak Al Nahyan inaugurates Biggest Danube Home Showroom in Abu Dhabi

    6 May 2018; Dubai, UAE:   UAE's leading home furnishing and improvement brand launched its biggest Danube Home Showroom on 3rd of May at Cubes Park, Mussafah, Abu Dhabi. Present at the launch were His Excellency Sheikh Nahyan bin Mubarak Al Nahyan, Mr Rizwan Sajan Chairman and Founder Danube Group, Mr Adel Sajan, Director Danube Group along with senior management of the Group. The group invested AED 50 million on this project, and this grand opening marks the 9th store in UAE. The new store spans across 75,000 square feet of retail space, with a huge assortment of 30,000 home ......read more

    DMCA and Nakheel Marine explore cooperation prospects in the areas of marinas, boats, waterways and sailing permits

    Dubai Maritime City Authority (DMCA) has recently held a coordination meeting with Nakheel Marine Group to explore areas of common interest in the field of marinas, boats, waterways and sailing permits in order to provide an integrated framework to ensure compliance with the highest maritime safety standards and international best practices that would enhance competitive advantages of the maritime sector globally and regionally and strengthen Dubai’s status as a leading international maritime center. The meeting was chaired by Amer Ali, Executive Director of Dubai Maritime City ......read more

    Khalifa Fund joins ADNOC's In-Country Value Program

    The Khalifa Fund for Enterprise Development (KFED) has joined a workshop on the implementation of Abu Dhabi National Oil Company’s (ADNOC) new In-Country Value (ICV) strategy that was launched to help stimulate socio-economic value, promote locally-made content and products, and nurture government and private partnerships in the UAE. The participation was in keeping with Fund’s vision to be at the forefront of promoting entrepreneurship among UAE citizens and enhancing the competitiveness and growth of small and medium enterprises (SMEs). During the workshop attended by a number ......read more

    nVent Announces Completion of Separation from Pentair

    Independent, $2.1 billion company focuses on electrical connection and protection  DUBAI, UAE – May 3, 2018 –   nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced the completion of its separation from Pentair plc (“Pentair”) and its launch as an independent, publicly traded company. nVent shares will begin “regular way” trading on the New York Stock Exchange on May 1, 2018, under the symbol “NVT.”  The company has a leading portfolio of ......read more

    Progress on Global Energy Goals Slow, but Strong Gains in Countries Show Promise

    Dubai, United Arab emirates, May 2, 2018:  The world is not on track to meet the global energy targets for 2030 set as part of the Sustainable Development Goals, but real progress is being made in certain areas – particularly expansion of access to electricity in least developed countries, and industrial energy efficiency, according to a new report from five international agencies.  Renewable energy is making impressive gains in the electricity sector, although these are not being matched in transportation and heating – which together account for 80% of global energy ......read more

    Introducing the Bali Collection at Home and Soul Dubai

    Hand-crafted and custom-made home accessories Dubai, UAE, May 01, 2018:  Bali is the perfect destination for fans of bohemian art and design, many travel far-and-wide to the popular place in Indonesia to get their hands on the unique and hand-crated pieces. Luckily, Home and Soul have scoured the island’s furniture scene for you, offering you the best sustainable, unique and custom-made pieces here in Dubai making it easier for you to add a touch of ethnic flair to your home. The beautiful hand-made products are made from a combination of natural materials such as rattan, ......read more

    Etihad ESCO throws spotlight on retrofit program achievements at MEFMA CONFEX 2018

    May 1, 2018- Ali Al Jassim, CEO of Etihad Energy Service Company (Etihad ESCO), threw the spotlight on the energy and cost savings achieved through successful implementation of retrofit programs by Etihad ESCO in the emirate, during his participation as a keynote speaker at the 8th MEFMA CONFEX, which was recently held in Dubai. The two-day event, organized under the theme ‘Sustainable FM Industry through Creative Value-based Innovations,’ included participation of over 500 industry stakeholders that included government representatives, developers, service providers and ......read more

    Al-Futtaim Logistics opens cold storage facility

    New warehouse offerings for Food and Beverage clientele Dubai, April 29, 2018:   Al-Futtaim Logistics, a leading integrated logistics and supply chain solutions provider, has announced the expansion of its services with the opening of a state-of-the-art cold storage warehousing facility in Dubai.  Located at Jebel Ali South Free Zone, the multi-temperature facility has space for more than 1,600 pallets with full temperature control ranging from +18°C to -22°C. The facility incorporates world-class warehouse management technology including capturing all the ......read more

    FMS Tech has been approved as an official in-vehicle monitoring system (IVMS) supplier in Oman

    FMS Tech is now one of seven exclusive suppliers approved in OPAL’s first round of approvals 29 April 2018, Dubai, United Arab Emirates:  Oman Society for Petroleum Services (OPAL) recently announced Fleet Management Systems & Technologies (FMS Tech) as one of its seven approved in-vehicle monitoring systems (IVMS) suppliers for Oil and Gas Transportation Safety Technology in its first round of approvals.  Oil & Gas Safety Standards and Regulations require multiple qualifications and approvals to be met before a company can supply to the Oil & Gas industry in ......read more

    Redington holds launch events across UAE, Bahrain, Kuwait & Oman to introduce new Microsoft Surface portfolio to channel partners

    April 26, 2018- Redington Gulf, the leading distributor of technology, telecom and lifestyle products, launched the latest edition of Microsoft Surface - the Surface Laptop – for its channel partners during an exclusive event held in Dubai today (Thursday, 26th April, 2018). Along with a demonstration of the Laptop, which is now available for distribution in the UAE, Redington Gulf also provided latest business updates for Microsoft Surface Pro with LTE Advanced and Surface Book 2 to its partners at the event. Redington Gulf had launched the new line-up of Microsoft Surface products ......read more

    UAE Partakes in First Jordan International Agricultural Forum and General Assembly Meeting of the Arab Organization for Agricultural Development

    April 28, 2018 United Arab Emirates:  The UAE, ably deputized by the Ministry of Climate Change and Environment (MOCCAE), participated in the first Jordan International Agricultural Forum and the 35th session of the General Assembly of the Arab Organization for Agricultural Development (AOAD) in the Dead Sea region, Jordan on April 25 and 26.  The UAE’s deputation was presided by His Excellency Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of Climate Change and Environment, and comprised of high-level officials from the Ministry as well as representatives of the private ......read more

    Dazzle Your Home with Danube Home's Exclusive Design Décor Ramadan Catalogue

    25th April 2018/Dubai, UAE:  Ramadan, the most wonderful time of the year knocks our doors again and Danube Home is all set to give your home a festive facelift with the launch of its exclusive Design Décor catalogue on 25th April 2018 at the Sheikh Zayed Road showroom. The new collection is inspired by a festive theme to transform your home into a Ramadan majlis that woos your guests. The 91 page catalogue inspires trends as well as offers affordable products with almost 100 inspirational home makeover styles. In royal shades of purple, white, silver, gold and a number of other ......read more

    ENEC to Focus on Safety Culture at EmiratesSkills Abu Dhabi 2018

    Abu Dhabi, United Arab Emirates, 24 April 2018:  The Emirates Nuclear Energy Corporation (ENEC) is highlighting the importance of prioritizing health and safety, during its participation in the EmiratesSkills 2018 National Competition, held at Abu Dhabi National Exhibition Centre from 23 to 25 April 2018. ENEC is the official Health and Safety sponsor and exhibitor, emphasizing the importance of establishing a strong culture of safety in everyday life as well as in the workplace. Around 600 UAE Nationals will compete in the 2018 edition of the EmiratesSkills National ......read more

    Ramadan Guides: Light up you Ramadan with Home Centre

    Dubai, UAE, April 24, 2018:  The festive season is right around the corner and Home Centre would love to share a collection of their best ethnic lanterns and candle stands from the new Ramadan Catalogue.   Home Centre’s Ramadan Catalogue offers amazing options to lighten up the night party décor and uplift the mood. The key highlights, The Gemma Lantern, sporting intricate golden details will add a traditional touch to your homes. While the Home Centre Baqi Candle Stand, engraved with artistic design and beautiful purple stones will give your home the perfect festive look. ......read more

    More Reasons to Head to the Ikea Store!

    IKEA Yas Island and Dubai bring more fun-filled activities and workshops instore from HAG AL LAILA on May 1st to Dining Week from April 28th to May 5th    United Arab Emirates, 24 April 2018:   IKEA, the region’s favourite Swedish home furnishing retailer, is inviting shoppers to join them in a series of celebrations of both local culture and better living throughout the coming weeks in both their Dubai and Yas Island stores.   1) On Tuesday May 1st, IKEA is hosting an afternoon of sweet celebrations for HAG AL LAILA, an Emirati traditional festivity ......read more

    Masdar and Costa Rican Electricity Institute to advance renewable energy development

    Abu Dhabi, United Arab Emirates, April 24, 2018:  Masdar (Abu Dhabi Future Energy Company) and the Costa Rican Electricity Institute (Instituto Costarricense de Electricidad, or ICE) have announced a collaboration to promote renewable energy development.  Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, and Eugenia Gutierrez, Member of the Board and Director of ICE, signed a memorandum of understanding to share technical knowledge and project experience. The agreement aims to promote collaboration in utility-scale and off-grid power generation, floating solar ......read more

    Game Changing technologies take centre stage at Middle East Static Equipment Engineering & Maintenance Conference (ME Static)

    Featuring 75 per cent international visitors, 80 per cent decision makers and 65 per cent trade visitors, the event witnessed more than 200 visitors and over 150 delegates on the first day of the event The event witnessed participation from Saudi Council of Engineers, Sahara Petrochemicals Company, Orpic, Saudi Aramco, ADNOC Gas Processing and SABIC among many others United Arab Emirates, Dubai, April 24th 2018:   The oil and gas industry has long recognised the importance of understanding and influencing the role of innovation and technological advancements for static ......read more

    New MEFMA report forecasts FM industry revenues in the GCC to continue growing by 10 per cent annually

    April 23, 2018: A report from the Middle East Facilities Management Association (MEFMA) confidently forecasts that revenues for the GCC region’s FM industry will continue to grow at 10 per cent annually for the next two years. The bullish outlook complements the region's thriving FM segment with local firms placing key focus towards further growing their core business lines. The statement, which is the result of a survey commissioned by MEFMA, attributes the expected growth to drivers like the increasing demand generated from the region's portfolio of construction projects and ......read more

    DMCA explores the future of Dubai's maritime sector & discusses innovative approaches to enhance UAE's global maritime leadership

    Under the patronage of H.E. Dr. Abdullah Belhaif Al Nuaimi, UAE Minister of Infrastructure Development and Chairman of the Federal Transport Authority - Land and Maritime (FTA), the Dubai Maritime City Authority (DMCA) recently hosted a workshop themed, ‘The Future of the Maritime Sector in Dubai’ which explored key prospects for bilateral cooperation with the FTA, aimed at further enhancing the maritime sector based on innovation, technology, sustainability and mutual cooperation. H.E. Dr. Al Nuaimi, said: “We are keen to strengthen the joint efforts between federal and ......read more

    Masdar and Emirates Post to deliver new postal services for Masdar Free Zone tenants

    Abu Dhabi, United Arab Emirates, April 23, 2018:  Masdar, Abu Dhabi Future Energy Company, and Emirates Post – the nations’ leading post and express provider – have announced the signing of a Memorandum of Understanding (MoU), to provide dedicated Emirates Post Business Boxes and postal services for Masdar Free Zone companies.  Mohamed Jameel Al Ramahi, Masdar’s Chief Executive Officer, and Obaid Mohammad Al Qatami, Acting Chief Commercial Officer at Emirates Post Group, signed the agreement on Wednesday, 11 April 2018. The partnership aims to deliver ......read more

    GROHE DESIGN Presents the New ATRIO Experience Cube at Fuorisalone in Milan

    Dubai, UAE, April 23, 2018:  GROHE, the world's leading manufacturer of sanitary fittings, first unveiled an immersive ATRIO installation for guests at the newly renovated GROHE Milan showroom (Via Crocefisso 19) in April during the Fuorisalone. The monumental black experience cube allows visitors to immerse themselves into a multimedia experience depicting an abstract story of the new ATRIO collection – a story of the two distinct characteristics of ATRIO: elegance and precision. By standing in the middle of the cube, the spectators experience ATRIO with all their senses. The ......read more

    Gulf Petrochemicals and Chemicals Association (GPCA) Marks Earth Day with New Report Release

    On the important occasion of Earth Day, GPCA is pleased to announce the release of the 4th Progress Report, highlighting a major increase in global efforts to prevent marine litter Dubai, United Arab Emirates, 22 April 2018 – The Gulf Petrochemicals and Chemicals Association (GPCA), the voice of the chemical industry in the Arabian Gulf region, today marks Earth Day with the release of the 4th Progress Report, highlighting a huge jump in projects worldwide to prevent marine litter from coming into our oceans. The report, which was released by the Global Plastics Alliance (GPA), a ......read more

    Dubai Energy Efficiency Training Program inaugurates its first training session

    April 19, 2018 - Ali Al Jassim, CEO of Etihad Energy Service Company (Etihad ESCO), officially inaugurated the first session of the Certified Measurement & Verification Professional (CMVP) program recently, alongside Professor Abdullah Al Shamsi, Vice Chancellor of the British University in Dubai (BUiD). The session, which forms part of the Dubai Energy Efficiency Training Program, was held from April 16 to 18 at BUiD. The Dubai Energy Efficiency Training Program, which combines an array of internationally and locally certified training programs and modules, is an initiative by the ......read more

    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 ......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 ......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 ......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 ......read more

    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

    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 ......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

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