Regional trade enabler gains further recognition for its role as industry leader in the Middle East
Dubai, United Arab Emirates, 20 October, 2018: Regional trade enabler DP World, UAE Region has been recognised for its industry leading services and practices at this year’s Maritime Standard Awards, winning the Terminal Operator of the Year category.
The award was received by Joost Kruijning, SVP & COO, Ports and Terminals Division, DP World, UAE Region on behalf of the company during a gala ceremony attended by industry leaders from shipping companies, ports, terminal operators and others in the sector.
Abdulla Bin Damithan, Chief Commercial Officer, DP World, UAE Region presented The Maritime Standard Personality of the Year Award to Ali Shehab, Deputy CEO, the Kuwait Oil Tanker Company.
DP ......read more
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
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
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
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
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
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
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
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
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
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
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
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
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
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 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
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 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
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.
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
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
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
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
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
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
Dubai, United Arab Emirates July 5, 2018: Milestone Landscaping, the hub for interior, patio, and landscaping designs in the city, now proudly registered as confining to the stringent checks of the international quality standard ISO 9001:2015 in its systems. The concept by interior design and landscapist extraordinaire, Sejal Nagjee, has hitherto offered unmatched external as well as internal operating quality that has assured excellent service to its countless private as well as corporate clients in the region.
ISO 9001:2015 specifies requirements for a quality ......read more
For international consignments weighing between 15 and 30 kg
Up to 60% to India, Egypt, China, Pakistan, the Philippines and Bangladesh
Dubai, UAE; 04 July 2018: Emirates Post, UAE’s leading postal and express provider, is extending the discount campaign on its international Express to-door delivery service until July 31, 2018. Varied savings of up to 60% can be availed for shipments weighing 15-30kg to six destinations: India, Egypt, China, Pakistan, the Philippines, and Bangladesh.
“The discount campaign that was running during the month ......read more
Abu Dhabi, June 25-26, 2018
Dubai, United Arab Emirates; July 3, 2018: Business France jointly with EVOLEN, and the French Business Group hosted the third UAE France Oil and Gas Connecting Days from June 25th to 26th in Abu Dhabi and Ruwais. The two days forum included ADNOC and its subsidiaries, as well as several ADNOC partners including Mudabala Petroleum.
This event was launched under the patronage of His Excellency Ludovic Pouille, Ambassador of France to the United Arab Emirates.
Following the successful sessions in 2015 and 2017, under the framework of UAE ......read more
New service uses technology to bring efficiency to trucking market
RIYADH, Saudi Arabia – July 3, 2018 – Homoola today announced the formal launch of its digital load-matching service in Saudi Arabia, where it will bring new efficiency to road freight by using technology to pair shippers and trucking companies.
Homoola’s load-matching technology addresses the pain points felt by both shippers and carriers. It gives shippers access to capacity at times of peak demand and allows them to optimize the efficiency of their shipments at ......read more
GROHE is a full-service supplier of harmoniously designed complete bathroom solutions
Cube, Euro and Bau are perfectly designed to match the most popular GROHE faucets series
Innovative features for more comfort, longevity and hygiene
Dubai, United Arab Emirates - 3 July 2018. Design from a single source: Thanks to the GROHE ceramics lines Cube Ceramic, Euro Ceramic and Bau Ceramic, every bathroom now becomes a harmoniously coordinated oasis of well-being. From washbasins in different sizes to bidets and toilets, GROHE offers a comprehensive assortment of bathroom ......read more
ADIPEC Awards Celebrate Excellence in the Petroleum Industry
Categories Highlight Outstanding Achievements Shaping the Future in an Evolving Landscape for Hydrocarbons
Abu Dhabi, UAE – 3 July 2018 – Entries for the oil and gas industry’s prestigious ADIPEC 2018 Awards are now open, with six categories focused on issues crucial to the progress and resilience of the hydrocarbons sector.
Celebrating achievements across the oil and gas industry, the ADIPEC Awards identify the leading companies, individuals, initiatives, projects and ......read more
1 July 2018, Abu Dhabi, United Arab Emirates: The United Arab Emirates hosted the International Atomic Energy Agency (IAEA) Phase 3 Integrated Nuclear Infrastructure Review (INIR) mission from 24 to 1 July. The aim of the mission was to assist the UAE by providing a review of the nation’s overall nuclear energy infrastructure. The UAE is the first country to implement and achieve Milestone 3 of the IAEA’s ‘Milestones’ approach to nuclear energy infrastructure development.
An international team of ten IAEA and international experts reviewed the ......read more
Abu Dhabi, United Arab Emirates, July 01, 2018: Ahead of the seasonal surge in demand for luxury vehicle shipments to popular holiday destinations, Etihad Cargo, the cargo and logistics arm of Etihad Airways, today celebrates the launch of ‘FlightValet’, its newly designed product that aims to ease the process of moving motor vehicles across the globe.
Etihad Cargo transports hundreds of high-value vehicles annually on its passenger and freighter aircraft, and this new product will further simplify the customers’ booking experience.
Commenting on the launch, ......read more
Dubai, UAE, July 01, 2018: Signify (Euronext: LIGHT), the world leader in lighting, harnesses the power of sunlight in Africa, Asia and the Middle East. After an initial product launch in India earlier this year, Signify is introducing Philips SunStay, an integrated solar street light, and Philips LifeLight, an innovative solar lantern, in Cambodia, Indonesia, the Philippines, Saudi Arabia, Thailand, Vietnam and on the African continent.
“As one of the fastest growing and most sustainable segments in public lighting, solar lighting is making a noticeable difference ......read more
June 30, 2018. Dubai, UAE: The Maritime Advisory Council, an initiative of the Dubai Maritime City Authority (DMCA), has emphasized the need to unify joint efforts of maritime and private sector leaders to develop forward-looking solutions designed to shape the future of the local maritime community. Highlighting the solid pillars of innovation, sustainability and smart transformation, the Council said during the meeting held at the DMCA headquarters that developing effective strategies and capitalizing on opportunities will help make Dubai the most comprehensive, competitive, and distinctive ......read more
Grandweld’s participation in the global forum strengthens the UAE’s cutting-edge quality in the shipbuilding industry and its competitiveness in both engineering quality and economic feasibility
Dubai, UAE, 30 June 2018: Grandweld, the pioneering UAE-based shipyard, is participating in the International Tug, Salvage & OSV Convention and Exhibition (ITS), which is currently held in Marseille, Frane until 29th of June 2018. Grandweld is showing its manufacturing capabilities, while focusing on its outstanding strengths in tug, salvage and offshore service ......read more
New lifestyle-concept showroom in Dubai to cater for the growing demand for customized solutions
Dubai, United Arab Emirates – 28th June 2018. Alshaya Enterprises, a division of Alshaya Group and one of the Gulf’s premier commercial establishments, announced today the opening of their newest showroom in Dubai. Prominently located on Sheikh Zayed Road, the prestigious European lifestyle-concept showroom will be home to the finest commercial equipment and high quality stylish furnishings for the office and home.
“We are absolutely delighted with the opening ......read more
Dubai, UAE, June 28, 2018: Introduction and basis for preparation
This report sets out details of the payments made to governments by RAK Petroleum plc and its subsidiary undertakings (‘RAK Petroleum’) for the year ended 31 December 2017 as required under the Disclosure and Transparency Rules of the UK Financial Conduct Authority (the ‘DTRs’) and in accordance with our interpretation of the draft Industry Guidance issued for the UK’s Report on Payments to Governments Regulations 2014, as amended in December 2015 ......read more
Dubai, UAE, June 27, 2018: Siemens has received an order for three SGT5-4000F gas turbines from United Arab Emirates (UAE). The turbines will be used in Unit H Phase 4 of the Al Aweer power plant complex which is located approximately 35 kilometers from downtown Dubai. DEWA has awarded the project EPC contract to Siemens in a consortium led by the Egypt-based company El Sewedy Electric Co SAE (SWDY.CA) through its subsidiary Elsewedy Power. With an electrical generating capacity of about 815 megawatts (MW), the turbines will increase the total output of the power plant complex to more ......read more
New Partnership between the Suez Canal Economic Zone and Kuwait’s Agility
Mohab Mamish: Establishment of a global logistics hub in East Port Said
Hub will follow international standards to make East Port Said the most competitive in the region
Tarek Sultan: Egypt’s prominent location makes it an ideal site for a regional distribution hub
Dubai, UAE, June 27, 2018: Admiral Mohab Mamish, Chairman of the Suez Canal Authority and Chairman of the Suez Canal Economic Zone (SCZONE), along with Mr. Tarek Sultan, Vice Chairman and CEO of Agility, ......read more
June 25, 2018: As part of Al-Futtaim Logistics’ regional expansion plans, it has opened the second warehousing facility in the metropolis city of Riyadh. The local distribution centre now scales up a total of 15,000 sqms co-existing with its primary warehouse in Jeddah.
Driven by consumer demand, the two facilities currently handle retail brands with categories including fashion, footwear, hardware, DIY furniture and home appliances. The distribution centres are an extension of the Al-Futtaim company’s 3PL solutions to bring brands and consumers within close ......read more
Dubai, UAE; 25 June, 2018: 2XL, the homegrown luxury furniture and home décor brand in the UAE, has launched Blomsbury, a coffee color sofa set that renders an elegant and soothing feel to the living room.
For a neutral colour scheme, soft pastel colours such as light blue or grey colour cushions and curtains will go well with Blomsbury. The set is detailed with buttons on the sides.
According to Amit Yadav, Marketing Manager, at 2XL Furniture and Home Décor “Bloomsbury sofa set adds an air of luxury without compromising on the comfort of space. ......read more
Dubai, UAE, June 24, 2018: The Bloomberg Commodity Index has seen its year-to-date gains disappear following four weeks of heavy selling. The broad-based index, which tracks 22 major commodities evenly split between energy, metals and agriculture, has been hurt by a stronger dollar and trade war angst as well as expectations that Opec+ will increase production in order to cap crude oil’s upside.
The current robustness of the US economy compared with the rest of the world has led to the current divergence in monetary policy between the Federal Reserve and other major ......read more
Superbrands, the independent authority and arbiter of branding, announced it will host its annual tribute event to honour and recognize 58 of UAE’s strongest brands on June 27, 2018. At the event, Superbrands will also announce the highly awaited ‘Brand of the Year’ award and unveil the 14th edition of the much sought-after Superbrands book, which includes a two-page profile of each of the Superbrands.
In its 14th edition, the Superbrands tribute event is considered the ‘Oscars of Branding’ by the corporate world and speaking about the event, Mr. Mike English, ......read more
Abu Dhabi, 20 June 2018: Mubadala Petroleum announces that it has completed the acquisition from Italy’s Eni of a 10 percent participating interest in the offshore Shorouk Concession in Egypt, which contains the supergiant Zohr gas field. Following the completion, Eni, through its subsidiary IEOC, holds a 50 percent interest in the concession. The other partners in the concession are BP with 10 percent interest and Rosneft with 30 percent interest.
Dr. Bakheet Al Katheeri, Chief Executive Officer, Mubadala Petroleum signed a deed with Eni completing the sale to ......read more
June 20, 2018 - Etihad ESCO, the leading energy service company, announced the signing of an agreement with Jamal Al Ghurair Group to retrofit two of their industrial facilities in Abu Dhabi- Gypsemna and Porcellan. Etihad ESCO and Jamal Al Ghurair Group formed the partnership after identifying the enormous energy savings potential of the project. Being the first retrofit program to be undertaken by Etihad ESCO in Abu Dhabi, the project is set to pave the way for increased adoption of retrofit measures in the capital.
Jamal Al Ghurair Group is a diversified family-owned group with ......read more
The poll on nuclear energy conducted by independent global market research company Nielsen shows that 82 percent of UAE residents are in favor of using nuclear energy for generating electricity - the highest level of support globally
Al Dhafra residents show highest acceptance levels in the UAE for the construction of the Barakah plant
Abu Dhabi, UAE – 20 June 2018: An independent national poll on nuclear energy shows the UAE public strongly supports the use of peaceful nuclear energy, with 82 percent of residents in favor of using nuclear energy for generating ......read more
Abu Dhabi, UAE: 17 June 2018: Adnan Z. Amin, Director-General of the International Renewable Energy Agency (IRENA) has welcomed the European Union’s (EU) decision to increase its renewable energy target from 27 per cent to 32 per cent by 2030, highlighting that the move reinforces the EU’s position at the forefront of energy transformation and reflects the new economics of renewable energy. Responding to the announcement made by the European Commission today, Mr. Amin said:
“The EU’s decision to increase its renewable energy target from 27 per cent to 32 ......read more
With kitchen faucets, water systems, kitchen sinks and more, GROHE becomes No. 1 Kitchen System brand and one-stop shop for perfect combinations
Patented surface technology, easy cleaning and extremely resistant stainless steel for quality one can see and feel
Four perfectly combined GROHE sink and faucet bundles as an end-to-end solution
From price entry solutions to high end premium sinks
Dubai, United Arab Emirates - 14 June 2018. The kitchen is the heart of the home: a place to feel good, to cook together and to indulge. And there is one spot in the kitchen where ......read more
Dubai, UAE; June 13,2018: Hormann has introduced door Type V3009, a high-speed roller door with a flexible curtain, designed for a high number of automated opening and closing cycles. It can be fitted between the operating sections and the storage areas within a conveyor system.
Due to the low lateral space requirements, this door is specifically designed for integration in conveyor systems and their frequent automated opening and closing cycles. The door control can be integrated in existing PLC systems. A volt-free contact reports the door position (open / closed) ......read more
Dubai, UAE; June 13, 2018: Tristar Group’s two warehouses located in the Jebel Ali Industrial Area 1 and 2 were awarded 5-star rating by Dubai Multi Commodities Centre (DMCC) for the second and third consecutive years, respectively.
Shivananda Baikady, General Manager-Road Transport and Warehousing, Tristar, said: “Our specialized warehousing facilities are designed to accommodate and handle dangerous and non-dangerous goods with stringent adherence to health, safety and environmental standards. We are proud to receive consecutive 5-star rating by ......read more
DHL Named Premier Partner for Shipping by leading B2B and B2C cloud commerce platform, Magento
Dubai, June 12, 2018: Deutsche Post DHL Group, the world’s leading logistics company, today announced its collaboration with Magento, the worldwide leader in cloud digital commerce innovation, as Premier Partner for Shipping. The partnership enables DHL and Magento to offer a broad range of shipping services to e-commerce merchants, small and medium enterprises (SMEs), start-ups and online entrepreneurs in the Middle East and North Africa (MENA) region.
A study ......read more
At the Democratic Design Days in Älmhult, IKEA announces new commitments to inspire and enable sustainable living - making it easier for people to reduce their climate impact and contribute to a world without waste.
Dubai, UAE, June 7, 2018: “Our ambition is to become people and planet positive by 2030 while growing the IKEA business. Through our size and reach we have the opportunity to inspire and enable more than one billion people to live better lives, within the limits of the planet” says Inter IKEA Group CEO, Torbjörn Lööf. ......read more
Renewable energy continues to attract an increasing share of global investment, with annual investments expected to grow by $130 billion, compared to 2016 figures, reaching around $370 billion in 2020.
Developing countries now account for almost half of all renewables investment, although to date there has been modest investment in the GCC
Investment in GCC renewable energy could reach $16 billion in 2020 with a cumulative total of $40 billion between 2016 and 2020, provided the correct decisions and policies are adopted
The GCC countries have considerable potential for ......read more
Gulf Craft has appointed Gregory Yeakle to be their new Chief Executive Officer. One of the world’s largest luxury ship builders, Gulf Craft is based in the United Arab Emirates. The group has grown into a leading global business over the course of the past 37 years. He succeeds Erwin Bamps who held the position for the past 4 years and has now moved on to a new role as advisor to the board for international matters.
Gregory Yeakle joins Gulf Craft as CEO with a solid record of leadership having generated strong growth in companies such as Informix, Alexander Proudfoot Company and ......read more
By Ole S Hansen, Head of Commodity Strategy at Saxo Bank
Dubai, UAE, June 3, 2018: Commodities traded lower this past week with losses being led by the energy sector while both the metals and agriculture sectors were mixed. Impacting commodities both directly and indirectly were the unfolding political crises in both Spain and Italy, together with Donald Trump’s decision to slap duties on imports of steel and aluminium from US allies while also preparing a range of tariffs on goods from China.
Both events helped increase stock market volatility while sending core bond ......read more
Dubai, UAE, June 2, 2018: The Logistics District at Dubai South has launched Masary, a new smart electronic system that reduces the transit time of goods and vehicles. The new system is considered the first of its kind in the region and will positively impact the traffic of goods and vehicles that move through the district.
The Masary system is part of the district’s efforts to adopt new technologies to facilitate businesses, which is in line with Dubai’s government policy on digital transformation that aims to enhance the emirate’s status as a leading logistics ......read more
Q1 2018 Revenues Increase 14% to US$66 million
Dubai, UAE, Wednesday 31 May 2018: Topaz Energy and Marine (“Topaz”), a leading offshore support vessel and marine logistics company, today announces its results for the three months ended 31 March 2018 (“the period”).
Dubai, UAE, May 30, 2018: ZAJEL, one of the fastest growing courier companies in the UAE, has signed a partnership agreement with OnTime Government Services to provide logistics services to various transactions at the OnTime centres.
The agreement was signed by ZAJEL CEO, Khawla Kabanji, and Waleid Abdulkareim, CEO and Founder of OnTime Group.
Khawla commented: “The agreement is important for us as it contributes to the expansion of the logistics we provide to our customers and enhances our role as a reliable company both locally and internationally. This agreement will ......read more
Dubai, UAE, May 30, 2018: One of UPS’s 747 jumbo jets dedicated for long-haul international use is sporting a modified paint scheme highlighting the company’s role as official logistics partner for Expo 2020 Dubai. UPS has only modified the livery of an aircraft four other times in the airline’s 30-year history. Each of those times signifies a major news event – this time, it’s to mark UPS’s unique role in delivering one of the world’s most complex logistics challenges at the upcoming Expo 2020 Dubai. Millions of visitors from around the world ......read more
Dubai, UAE, May 29, 2018: The International Fund for Animal Welfare (IFAW) is visiting the schools in the UAE to raise awareness on the importance of animal welfare through lively and interactive context-related presentations and activities.
The activity aims to address the negative impacts of raising wild animals as exotic pets, which is practiced in some of the Arab countries, and explains the difference between Animal Welfare and Animal Rights - teaching the students on ways to assess the welfare of the animals at home, community, or even in the wild. The program is outlined ......read more
May 29, 2018; Dubai, UAE: The act of giving is highly treasured in the UAE, and Ramadan enhances the giving spirit. Keeping the same spirit in my mind, Danube Group the UAE's largest diversified conglomerate is offering 100,000 free iftar meals during Ramadan from last 13 years to the underprivileged labourers as part of its humanitarian initiative.
The yearly initiative has been a huge success among the blue-collar workers, whose hard work often goes unnoticed, despite their diligent performance of duties while adhering to religious obligations. Additionally to fulfil one of the ......read more
PAN Emirates invests AED 4 Million on its new store spanning across 17, 000 sq. ft.
PAN Emirates Mizhar store is looking to reach out to residents of neighbouring localities with its distinct, stylish furnishing collection.
Dubai, United Arab Emirates – May 28, 2018: PAN Emirates Home Furnishings, the leading home-grown indoor, patio and outdoor furniture brand in the region, has launched a new store in Mizhar. The store that was officially launched on 27th May 2018 is its 11th store in the UAE.
The home-grown furniture brand is looking to enhance its presence in the ......read more
New facilities are located in Industrial City of Abu Dhabi and Rusayl Industrial Estate
Dubai, UAE; May 28, 2018: Tristar Group has opened two new facilities aimed at enhancing its integrated logistics services to the downstream petroleum industry in the GCC.
The new truck staging and workshop facility at Industrial City in Abu Dhabi 2 (ICAD 2) has 50,000 square meters of area offering tailor-made logistics service options to customers for transport, warehousing, storage and distribution services. It is strategically located near Khalifa Port, and the main highway ......read more
Dubai, UAE – May 28, 2018 – Mimecast Limited (NASDAQ: MIME), a leading email and data security company, has appointed Jeff Ogden as general manager for the Middle East. In his new role, Jeff will oversee the company’s UAE operations and growth in the region, and will be responsible for educating organisations about evolving cyberattacks and how to build a cyber resilience strategy for email.
Jeff has been working in technology for over 35 years, 17 of which have been in IT security. Under Jeff’s leadership, Mimecast will continue to build a strong and loyal channel ......read more
All efforts focused on preparations for safety-led nuclear operations of the UAE’s first nuclear reactor in accordance with the highest standards of a nuclear safety culture and quality assurance
Comprehensive schedule review points to start-up of nuclear operations for Unit 1 between the end of 2019 and early 2020
Abu Dhabi, UAE – 26 May 2018: Nawah Energy Company (Nawah), the operator of the Barakah Nuclear Energy Plant in the Al Dhafra Region of Abu Dhabi, has entered the next phase of preparation for nuclear operations. With construction of ......read more
Dubai, United Arab Emirates, 26 May 2018: DP World, UAE Region’s flagship Jebel Ali Port has underlined its position as the leading port in the region by winning the “Best Seaport – Middle East” award at this year’s Asian Freight, Logistics and Supply Chain Awards in Shanghai, China.
This is the 24th consecutive year Jebel Ali Port has won the coveted honour, a record achievement in the history of AFLAS Awards.
The award was received by DP World Officials at a ceremony attended by leading businesses in the maritime transportation, supply chain and ......read more
Dubai, UAE, May 24, 2018: The Russian Direct Investment Fund (RDIF, the sovereign wealth fund of Russia) and Mubadala Petroleum, the UAE-based leading oil and gas exploration and production company, announce the creation of a joint venture with PJSC Gazprom Neft to develop several oil fields in the Tomsk and Omsk regions. RDIF and Mubadala Petroleum will acquire a 49 percent equity stake in LLC Gazpromneft-Vostok, the operator of the fields. Mubadala Petroleum will hold a 44 percent interest and RDIF will hold the remaining 5 percent interest. Completion of the transaction is subject to ......read more
May 24, 2018 – NetApp (NASDAQ: NTAP) today reported financial results for the fourth quarter and fiscal year 2018, ended April 27, 2018.
“The fourth quarter marked a great finish to a strong year. We successfully pivoted to the growth areas of the market, expanded our opportunity with HCI and new cloud partnerships, and improved operational discipline to deliver sustained and profitable growth,” said George Kurian, chief executive officer. “Clear innovation leadership, coupled with strong go-to-market execution, has enabled us to gain share in all key product ......read more
The partnership is a testament to the synergy of core values DHL Express and Mohamed Salah share; leadership, commitment, teamwork, precision, agility, determination and service
Dubai, UAE, May 24, 2018: DHL Express, the world’s leading express logistics provider, has signed a strategic partnership for the Egyptian football superstar Mohamed Salah to become its brand ambassador for Middle East and North Africa (MENA) region for the next two years.
The new collaboration will see the parties working together on a series of marketing activities and CSR ......read more
UAE, May 23, 2018: Al Masaood Group, the official distributor of Ducati motorcycles in the UAE, has announced its latest Ducati Ramadan campaign, offering a month-long series of activities exclusively for owners and fans of the iconic Italian sport bike brand. Ducati is distributed throughout the UAE by Revolution Accessories LLC.
Al Masaood Group has lined up a series for Ducati fans and motorcyclists in the UAE such as a test ride event during the first week of Ramadan, the annual Ramadan promotional offers of up to 50 per cent discounts store wide during the second week, from May 20 to ......read more
The recently launched licensing round has proven a draw with companies from all over the world thanks to the unique, overall proposition on offer
Ras Al Khaimah, United Arab Emirates, 23, May 2018: With proven hydrocarbon reserves in place, diverse exploration plays, easily accessible existing infrastructure, attractive production sharing terms and commercialization plans, plus a team of international experts already working on the ground, the tendering process to explore for oil and gas resources in Ras Al Khaimah has received positive interest on a global scale.
Launched on ......read more
70% renewables by 2050 target is achievable if regulations adequately reflect contribution of solar and wind power says IRENA
Dubai, UAE, May 23, 2018: Upgrades to Panama’s regulatory environment and power system management are critical to achieving the renewable energy goals set out in the country’s National Energy Plan, per a Renewables Readiness Assessment Panama report released by the International Renewable Energy Agency (IRENA). The report was launched at high-level event in Panama City today and presented to the country’s Secretary of Energy, Dr. ......read more
Dubai, UAE, May 22, 2018: Ramadan and Eid are traditionally seasons of giving, but that doesn’t mean that gifts themselves need to be traditional. This Ramadan, it’s out with the old and in with the new as Georg Jensen presents a superbly crafted line of sleek cutlery, silverware and homeware products designed for connoisseurs.
With over a century of craftsmanship to call upon, the Danish design house creates iconic products for house and home. With minimal Scandinavian aesthetics very much en vogue, Georg Jensen’s sublime creations with smooth finishes, ......read more
Dubai, UAE, May 21, 2018: Ideal Standard, one of the leading providers of innovative bathroom solutions operating across Europe, Middle East and Africa, has released its latest stylish and versatile ceramic range, Strada II. Building on the success of the original Strada range, this collection of vessels, vanities, basins, toilets and bidets offers soft angles, fine edges and contemporary curves to help bring to life modern, beautiful bathrooms.
Created by leading industrial designers at Studio Levien, this range maintains the simplicity of the original Strada collection, while ......read more