Thursday 17th January 2019:
The Board of Directors of the Central Bank of the UAE, held its first meeting for 2019 following its restructuring, on 14th January 2019, at the Central Bank Head Office – Abu Dhabi, under the chairmanship of H.E. Hareb Masood Al Darmaki, the Chairman of the Board. The meeting was attended by H.E. Abdulrahman Saleh Al Saleh, Deputy Chairman of the Board and H.E. Mubarak Rashed Al Mansoori, the Governor, and Board members; Their Excellencies Younis Haji Al Khoori, Khaled Mohammed Salem Balama, Khalid Ahmad Al Tayer and Ali Mohammed Al Madawi Al Remeithi, as well as by Their Excellencies Mohamad Ali Bin Zayed Al Falasi, Deputy Governor, Saif Hadef Al Shamsi, Assistant Governor and a group of senior Central Bank staff.
H.E Chairman of the Board opened the meeting by ......read more
H.E. Eng. Khalid bin Abdulaziz Al-Falih witnessed the significant progress being made at Barakah
16 January 2019: H.E. Eng. Khalid bin Abdulaziz Al-Falih, Minister of Energy, Industry, and Mineral Resources for the Kingdom of Saudi Arabia (KSA) expressed his appreciation for the significant development of the Barakah Nuclear Energy Plant in a recent visit to the UAE. H.E. Eng. Al Falih commended the Emirati workforce who are highly skilled in the nuclear sector and committed to developing their skills and knowledge. H.E. Eng. Al-Falih was briefed on the latest developments of the Barakah Plant, located in the Al Dhafra region of Abu Dhabi Emirate.
H.E. Eng. Al-Falih and his delegation were received at the Barakah Nuclear Energy Plant by H.E. Eng. Mohamed Al Hammadi, Chief ......read more
Dubai, UAE, January 16, 2019: RAK Petroleum plc, the Oslo-listed oil and gas investment company, announces that, as the result of a request by Afaq Al Roya Trading (LLC) to release the restrictions on its 9,000,000 Restricted Class A Shares, and a request by another shareholder to release the restrictions on his 180,000 Restricted Class A Shares, 9,180,000 Restricted Class A Shares have been re-designated as Class A Shares and 9,180,000 Class B Shares, representing 18,360,000 votes, have been transferred to the Company and cancelled.
Following these actions having become effective today, the share capital of the Company is GBP 3,328,169.57, consisting of :
203,822,717 Class A Shares, each with a nominal value of GBP 0.01,
123,991,988 Restricted Class A Shares, each with a nominal value of GBP ......read more
ENEC sponsoring and exhibiting at WFES 2019
ENEC committed to sustainable working practices across all aspects of its business
Abu Dhabi, UAE – 16 January 2019: The Emirates Nuclear Corporation (ENEC) and its subsidiaries, the Nawah Energy Company and Barakah One Company, are participating for the seventh year in the World Future Energy Summit (WFES) 2019 as partners, sponsors and exhibitors.
WFES is part of Abu Dhabi Sustainability Week, a unique and wide-ranging sustainability gathering that brings together local UAE leadership and industry experts, with world leaders and policy makers in sustainable energy generation. The event is held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces.
A ......read more
John Pearson became official Board Member for DHL Express on January 1, 2019
With focus on quality and digitalization DHL Express will ensure its leadership in the industry
Dubai, UAE, January 16th, 2019: The new CEO of DHL Express, John Pearson, is expecting continued positive developments for the global express market and the company, thanks to booming cross-border e-commerce, digitalization and its excellent positioning in all industry verticals. Member of the Board effective January 1, 2019, Pearson was instrumental for DHL Express’ decade long success story and expects growth figures to continue in 2019 and beyond for the Express division of the Group. Pearson took over from Ken Allen who became CEO of the newly established DHL eCommerce Solutions division.
"We are pleased to have John ......read more
Ajman, UAE (January 16, 2019) Senior representatives of Ajman Free Zone (AFZ) attended the 25th Edition of The Partnership Summit in Mumbai and showcased the myriad benefits for Indian and global investors of locating their businesses in the Emirates business destination.
The Partnership Summit, (held on 12th and 13th January) is an annual event which provides a global platform to debate, deliberate and engage Indian and global leaders on economic policy and growth trends in India. The 25th Edition of The Partnership Summit was inaugurated by the Vice President of India, M Venkaiah Naidu.
The UAE mission to this 25th Edition was represented by His Excellency, Sultan Al Mansoori, the Minister of Economy, who spoke at the event; His Excellency, the UAE ambassador in India, Dr. Ahmed Albana, and a number ......read more
HH Ruler of Sharjah Receives Eni Ceo Claudio Descalzi
SHARJAH, Sharjah Government Media Bureau, January 14, 2019: His Highness Sheikh Dr Sultan bin Mohamed Al Qasimi, Supreme Council Member and Ruler of Sharjah, received this morning (Sunday) in his office Claudio Descalzi, CEO of Eni, Italy’s largest energy company, in the presence of HH Sheikh Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Chairman of Sharjah Petroleum Council, HH Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah and HH Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler of Sharjah.
On this occasion, HH Ruler of Sharjah signed a long-term agreement awarding Eni three long-term concessions to explore and develop onshore oil and gas fields in a 30-year partnership ......read more
Dubai, UAE, January 13, 2019: As part of the third Global Energy Forum, His Excellency Khalid A. Al-Falih, Minister of Energy, Industry and Mineral Resources of the Kingdom of Saudi Arabia delivered the opening address for day three of the Forum.
His Excellency Al-Falih later joined Frederick Kempe, President and CEO of the Atlantic Council, on a panel titled 'An Update On Saudi Vision 2030 and The Oil Market' .
Winners of 3rd edition of Barakah Excellence Awards announced during special ceremony
Awards part of ENEC’s internal recognition program designed to promote and encourage excellence
Abu Dhabi, UAE – 12 January 2019: The Emirates Nuclear Energy Corporation (ENEC) and its subsidiaries, Nawah Energy Company and Barakah One Company, celebrated the third edition of its Barakah Excellence Awards with a special ceremony held at ENEC’s headquarters in Abu Dhabi. During the ceremony, this year’s award-winning employees were announced.
The Barakah Excellence Awards are an internal recognition program inspired by Abu Dhabi Awards for Excellence in Government Performance (ADAEP), which was launched in 2014. The Awards form a part of ENEC’s continuous efforts to inspire excellence ......read more
ArabPlast 2019, closed on a grand note witnessing the participation of more than 900 companies from 32 countries
Advanced economies currently use up to 20 times more plastic than developing economies on a per capita basis, underscoring the huge potential for global growth
Dubai, United Arab Emirates, 10 January 2019: Industry experts at ArabPlast 2019 indicated that plastics will be the main driver for crude oil demand, accounting for more than 33 percent of oil demand growth globally in the period to 2030. ArabPlast 2019 - the biggest plastics, petrochemicals and rubber industry exhibition in the Middle East and North Africa (MENA) region, closed on a grand note witnessing the participation of more than 900 companies from 32 countries.
It has been observed that plastics – the key driver for ......read more
Dubai 08 January 2019: Dubai Maritime City Authority (DMCA) has recently concluded “Maritime Safety Awareness Campaign”, which, as the name suggests, intends to raise awareness around maritime safety measures on all fishing vessels and equipment. The campaign is part of DMCA’s relentless efforts to regulate and streamline all the components of the maritime cluster in the emirate.
The campaign, which was held at the Fishermen Port3 in Um Suqeim, saw a very positive turnout from 250 fishermen who came to learn the best and latest world practices which combine sustainability and safe maritime activities.
Captain Khamis Walad Ghamil, head of maritime traffic at DMCA pointed out the campaign is meant to enhance maritime safety in support of the emirate’s sustainable practices and to ......read more
Dubai, UAE, January 08, 2019: Everyone loves how festive their homes look during the Christmas period, but January can tend to find you itching for a clean slate and a fresh start, especially with everything appearing a little dull without the holiday glitz. As we wave goodbye to 2018 and all the trends and colours that come with it, we are welcoming 2019 with renewed enthusiasm and a craving for fresh aesthetics, with a little help from our friends at Home and Soul Dubai.
Home and Soul Dubai, the unique lifestyle retail concept store, is truly your one-stop-shop for all things interiors and the perfect destination to pick up a few key items that will help add a touch of freshness to your home without breaking the bank. From beautiful lighting and decorative mirrors to greenery and statements chairs, each item has been ......read more
UAE, Dubai, 7 January 2019 – Up to 1 in 5 candidates across the EMEA Life Science’s industry have been found misrepresenting information on their job applications, according to recent findings by HireRight, a leading provider of global candidate pre-employment screening services. The findings have been released as part of HireRight’s 2018 EMEA Employment Screening Benchmark Report, which surveyed over 6,000 HR professionals across the EMEA, APAC and US regions.
Life Sciences, a field ranging from pharmaceuticals and biotechnology to food processing and environmental organisations, has witnessed huge growth in recent years, with the global pharmaceutical industry alone forecast to reach US 1.06 trillion by 2022, according to Deloitte’s 2018 Global Life Sciences Outlook. In line with this ......read more
90% of Siemens’ contribution to UAE gross value added is in non-oil sector
Company works with more than 800 SMEs in the UAE
AED 425-million software grant to five UAE universities, equipping over 3,850 students with digital experience
Its energy-efficient solutions reduce CO2 emissions by 4.76 million metric tons
Dubai, UAE, January 07, 2019: For the second consecutive year, Siemens has prepared an annual report entitled, ‘In the UAE, for the UAE – Making real what matters,’ detailing the company’s activities and impact in the United Arab Emirates. The report, also known as ‘Business to Society’, demonstrates that during financial year 2018 and coinciding with the Year of Zayed the company’s business goals aligned with the ambitions of the UAE, its government, its ......read more
DUBAI – January 07, 2019: Caparol Paints, a global provider of German paint and coating solutions, has completed an initiative to bolster the lives of less fortunate families in Dubai by renovating their houses. In partnership with ENOC and Social Hub, the initiative covered painting and renovation of houses of 30 families residing in Al Awir area.
Around 1000 volunteers rolled up their sleeves for a day to help refurbish the homes of the needy as part of the initiative. The campaign included painting walls and some house technical repairs and improvements.
Caparol Paints has been a faithful painting partner for millions of customers around the world for more than a century, and this initiative is part of placing high priority on serving the best interests of society to make a real difference to people and the ......read more
Dubai, UAE, January 06, 2019: Dubai-based multidimensional conglomerate Easa Saleh Al Gurg Group (ESAG) inked a new partnership with Petronas Lubricants International (PLI), a wholly-owned subsidiary of Malaysia’s national oil corporation, Petronas, which will see its range of automotive lubricants available in the UAE within the first quarter of 2019.
With the deal, ESAG will distribute the full range of Petronas lubricant products under its Al Gurg Tyres, Batteries and Accessories portfolio. This includes the Petronas Syntium with °CoolTech™ range of motor vehicle lubricants, formulated to fight against excess heat, for optimum engine performance.
"Our vision is always to partner with leading global companies with a strong reputation for integrity, innovation, quality and value. Partnering with ......read more
PAN Emirates Home Furnishings reveals fantastic offers and promotions for DSF 2019
PAN Emirates Home Furnishings showrooms in Dubai, Sharjah, Abu Dhabi, Al Ain, and Fujairah in the UAE.
Dubai, United Arab Emirates – January 06, 2019: It’s that time of the year again, when shoppers from the UAE and visitors from around the world can enjoy amazing discounts and offers. The Dubai Shopping Festival is back, and this year promises a lot more excitement than ever before.
PAN Emirates is adding to the festivities with surprisingly great offers. Shoppers can enjoy discounts of between 30 and 70% on the entire collection. You can start the New Year with a new look for your home. Or brighten up your rooms with our eclectic decorative pieces.
The mega clearance sale will also ......read more
5 giant cruise ships carrying 23 thousand tourists anchored at the largest Cruise Terminal in the World.
Total tourist number increased by 172% as 633 thousand passengers via 120 Cruise vessels in 2018.
Dubai, UAE, January 05, 2019: DP World with a world class infrastructure and a strong robust growth of Dubai as an established cruise hub in the region, Hamdan Bin Mohammed Cruise Terminal the biggest cruise terminal in the world in term of size and handling capacity, receives more than 2.3 million tourists since its inauguration in 2014 and up to till end of 2018.
Robust Tourist Growth
Hamdan bin Mohammed Cruise Terminal recorded a milestone with 172 percent increase in Cruise tourists’ numbers from 2014 with a 232.6 thousand visitors to 2018 with 632.7 thousand visitors, in addition of recorded significant ......read more
The group will invest Dh160 million in the Hamriyah Free Zone in order to provide industrial services for the oil sector
Dubai, UAE, January 05, 2019: SRS Middle East FZE, which is a joint venture that consists of Global Petro Storage (GPS), Innova Refining Industries, and Chemie Tech LLC, has announced its decision to select Sharjah as the destination for its latest investment projects in the Middle East Region, following its recent decision to make Hamriyah Free Zone the starting point for its operations in the region.
The group’s long-term Dh160 million investment in the Hamriyah Free Zone includes the construction of a terminal that provides services for industrial reprocessing of waste oils, as well as trading services that include trade, import and fuelling of ships. The terminal is expected to be fully ......read more
ENEC stand provided visitors with information about peaceful nuclear energy and included a range of educational activities
Abu Dhabi, UAE – 02 January 2019: The Emirates Nuclear Energy Corporation (ENEC) participated in the Al Dhafra Festival, which took place in Madinat Zayed, in the Al Dhafra Region of Abu Dhabi, between 17 December 2018 and 1 January 2019. ENEC’s participation was the result of its ongoing efforts to support the economic and social development of the Al Dhafra Region, and the achievement of Abu Dhabi Plan.
Held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the Al Dhafra Festival is organized by the Cultural Programs and Heritage Festivals Committee to promote Emirati heritage and ......read more
Dubai, UAE, December 27, 2018: The Ministry of Human Resources and Emiratisation has introduced job descriptions as part of a new occupational classification scheme. The scheme is used for new work permit applications in the mainland. It is now more challenging for employers to select a suitable job title that matches the foreign national’s responsibilities and educational qualifications.
The Ministry of Human Resources and Emiratisation (MOHRE) has introduced job descriptions as part of a new occupational classification scheme which is now used for new work permit applications in the mainland.
New occupational classification scheme
The new occupational classification scheme is comprised of a list of 726 job titles in nine professional categories, including managerial positions, specialists and ......read more
Decentralized renewable energy solutions will guarantee electricity access to millions, while creating millions of jobs
Training programs, particularly in the low energy access countries, are not adequacy developed
The Powering Jobs campaign wants all stakeholders to recognize the challenge and step up their efforts
Dubai (United Arab Emirates), 23 December 2018 – The United Nations Sustainable Development Goal 7, to “ensure access to affordable, reliable and modern energy for all”, could create millions of jobs in emerging countries. However, there is a huge skills gap in most emerging countries. To solve this problem, Schneider Electric, the leader in the digital transformation of energy management and automation, and a coalition of companies, associations and international organizations ......read more
New 2,500 km transport corridor from Jebel Ali to Naseeb border opens new intra-region opportunities
Dubai, United Arab Emirates, 22nd December 2018: Global trade enabler DP World has helped establish a 2,500 km long transport corridor from Jebel Ali to the Naseeb-Jaber border crossing between Jordan and Syria.
Trucks loaded with goods at its flagship Jebel Ali Port and Free Zone in the UAE have travelled through Saudi Arabia, Jordan, Syria and Lebanon in close collaboration with all customs authorities and customers.
The Naseeb-Jaber crossing was once one of the busiest checkpoints on the Damascus-Amman international highway and is the main crossing for Syrian exports to Jordan and Gulf countries.
The first convoy of three Dubai-registered trucks set off from Jafza loaded with dry and reefer cargo from ......read more
by Ron Beck Energy Industry Marketing Director, AspenTech
Dubai, UAE, December 18, 2018: Digital transformation continues to be the keynote of the coming year for operators across the oil and gas sectors. Digitalisation is nothing new to the sector, of course. Refineries have, for example, been pursuing it for more than thirty years, with technologies like advanced process control (APC) well-established as part of the operational mix of many operators.
What is different today is how quickly the migration is accelerating. The trend is being led by the Asian refining industry. Organisations in India, Malaysia, Thailand, Indonesia and China are pushing digital transformation aggressively because they understand this can be a competitive and economic advantage for them against slower-moving, traditional rivals in ......read more
Dubai, UAE, December 18, 2018: National Detergent Company SAOG (NDC), a leading FMCG company in the Sultanate of Oman, appointed industry veteran William Hunt as its new CEO. Prior to joining NDC, William Hunt was the CEO of Soaps and Chemicals Industrial and Trading in Sharjah (UAE) prior to joining NDC.
Hunt comes with exposure in a number of industries including plastics, chemicals, and fast-moving consumer goods industries. He has seen great success in dealing with global retailing giants such as Walmart, Menards, Carrefour, Tesco, and Woolworths.
A well-respected international executive - Hunt has been a key member of several globally renowned companies’ executive and leadership teams for the past 20 years. He has held the position of President of Access Business Group, in the USA; Executive Director of ......read more
Meet with Augier’s team of experts on stand 254 at the French Pavillion in ADNEC, Hall 9 from the 12th to the 15th of November.
United Arab Emirates, October 25, 2018 – AUGIER Energy, the worldwide leader in Energy Distribution & Transmission for medium voltage solutions for long distances up to 50 kilometres, will be hosting a stand in the French Pavilion at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) this November. AUGIER Energy, locally represented by FALCOR Enginneering will be revealing the ......read more
Enterprise Ireland facilitates deals in Dubai at WETEX 2018, the world’s biggest sustainable exhibition
Irish companies set to bring technology and innovation to the UAE and MENA region
ResourceKraft & Al Sharif Group form strategic partnership to deliver energy management solutions to Dubai and Abu Dhabi
Energy Services Ltd. to assist Ras Al Khaimah Municipality with ISO 50001 implementation
Solar AdTek and POWEREGION sign new Channel Partner Agreement to bring innovative solar and lighting systems to the region
Dubai, United Arab Emirates – October ......read more
New plant in Sharjah showcased at WETEX 2018 will treat more than 300,000 tonnes of municipal solid waste a year and have a capacity of around 30 megawatts (MW)
Abu Dhabi, UAE, October 24, 2018: Masdar (Abu Dhabi Future Energy Company) and leading environmental management company Bee’ah have completed the financing of a US$220 million waste-to-energy (WTE) plant in Sharjah, the UAE’s first.
The lenders to the project are Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid; Abu Dhabi Commercial Bank (ADCB); Siemens ......read more
Dubai, October 23, 2018: It’s everyone’s favourite time of year and Al-Futtaim ACE has just announced that its festive collection will be available starting October 17 across its stores in the UAE and also online at acehardwareme.com.
With a collection featuring modern and the traditional, festive decoration will never be easier as the home improvement and lifestyle store, introduces its new seasonal collection with an extensive range of products from indoor and outdoor decorations, gifting, dining wear, a selection of gift wrapping and artificial and natural ......read more
New plant in Sharjah showcased at WETEX 2018 will treat more than 300,000 tonnes of municipal solid waste a year and have a capacity of around 30 megawatts (MW)
Abu Dhabi, UAE, October 23, 2018: Masdar (Abu Dhabi Future Energy Company) and leading environmental management company Bee’ah have completed the financing of a US$220 million waste-to-energy (WTE) plant in Sharjah, the UAE’s first.
The lenders to the project are Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid; Abu Dhabi Commercial Bank (ADCB); Siemens ......read more
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, ......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 ......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 ......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 ......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 ......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, ......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 ......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. ......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 ......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 ......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 ......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 ......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 ......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 ......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 ......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 ......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 ......read more
Dubai, United Arab Emirates, October 3, 2018 – Mimecast Limited (NASDAQ: MIME), a leading email and data security company, today announced the general availability its new web security service.
The cloud-based service is designed to guard against malicious activity initiated by user action or malware while blocking access to websites deemed unsafe or inappropriate based on each organization’s policies.
Mimecast Web Security is engineered to be managed with the same administration console that customers use to manage Mimecast’s existing email services. This offers an ......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 ......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 ......read more
Dubai, UAE, October 01, 2018: The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 2.3% in August 2018, compared to the same period the year before. This pace of growth was unchanged from the previous month but was less than half the five-year average growth rate of 5.1%.
Freight capacity, measured in available freight tonne kilometers (AFTKs), grew by 4.5% year-on-year in August 2018. This was the sixth month in a row that capacity growth ......read more
These cylindrical beauties champion innovation, functionality and sturdiness in every bathroom
Dubai, UAE, October 01, 2018: Ideal Standard, one of the leading providers of innovative bathroom solutions operating across Europe, Middle East and Africa, has launched a new hip range of bathroom mixers; Its name: Ceraline.
Following a cylindrical design pattern, a prominent present-day trend in the UK, EU and Middle East, Ceraline range is in keeping with the high standard of all Ideal Standard’s products. Its cylindrical shape provides a soft and stylish ......read more
GCC banks' financial profiles should remain stable in 2019, absent any unexpected geopolitical or oil-price shock.
Bank lending growth should stabilize at around the 5% mark over the next 12 months, as higher oil prices and stronger public investments raise economic growth in the region overall.
We expect profitability to stabilize--with return on assets at about 1.5%-1.7% and net interest margins at 3% on average in 2018--benefitting from the higher interest rates and significant non-interest-bearing deposits on banks' balance sheets.
International operations could pose a ......read more
Where comfort meets contemporary
Dubai, UAE, October 01, 2018: From the smallest of apartments to the grandest of villas, there is one item of furniture that can be found in all of them – a sofa. As the living area is an essential spot in a home, it’s important to ensure you purchase a sofa or chair that suits your desires and design needs. Home and Soul Dubai, the ulti-mate lifestyle destination for transforming your home, has released their new collection of stylish and modern seating, each product promising to be the perfect new addition for any home.
The new ......read more
Fourth interpretation of the MINI Living Urban Cabin concept presented at the architecture exhibition China House Vision draws on traditional Beijing forms of housing as well as developing innovative ideas for maximum quality of living within a minimum space.
Dubai, UAE, October 01, 2018: MINI presents the latest MINI LIVING Urban Cabin at the interdisciplinary architecture exhibition China House Vision in Beijing from 21 September to 4 November 2018. The micro-apartment concept was developed in cooperation with local architect Dayong Sun.
The Urban Cabin in Beijing is now the ......read more
Dubai – UAE – September 29, 2018: The Security Industry Regulatory Agency in Dubai (SIRA) has concluded a logistic services agreement with ZAJEL, UAE’s fastest growing courier company.
The agreement was signed by Mr Ahmed Muhammed Al Sayegh, Director of Resources and Corporate Support Department of SIRA, and Ms Khawla Kabanji, Chief Executive Officer of ZAJEL.
The agreement aims to enhance pick-up and delivery services of documents for SIRA clients in accordance with the best international practices on the level of reliability and speed ZAJEL provides to ......read more
UAE, Dubai; 27 September 2018: 2XL Furniture and Home Décor, the leading furniture, and home accessories brand in the UAE, has launched the mesmerizing beige Lego living room furniture for modern homes.
Lego sofa set is simple, elegant and features a slim edge and golden tinge legs. Made with pine wood and soft foam, Lego makes for a comfortable seating experience. The beige color is a beautiful basic color that goes well with any wall color or accessory. The thin golden finished legs of this sofa give a luxurious look to the room. Dark flooring will help to highlight the ......read more
Dyson revealed the Dyson Cyclone V10 TM cord-free vacuum, which will set the path for vacuum cleaner technology for the next decade. “It’s why we’ve stopped developing corded vacuums”.
The new Dyson digital motor V10 is the fastest and most advanced Dyson digital motor, spinning at up to 125,000 rpm and giving the new vacuum the most powerful suction of any cylinder vacuum.
Dyson also unveiled the new Dyson Pure Cool™ purifying fans which clean every corner of the room. The machines reveal the indoor pollution you can’t see – new LCD ......read more
26th September, 2018; Dubai, UAE: Danube Home, the UAE's leading home improvement brand announced its exclusive Garden Collection 2019 and launched its much awaited Ahlan – Loyalty program on 25th of September 2018 at Emirates Hills – Sajan’s Villa. Present on the occasion were Adel Sajan - Director Danube Group, Shubhojit Mahalanobis - General Manager Danube Home, Sayed Habib - General Manager buying along with other senior management of the company. As part of the garden launch, a new 2018/19 catalogue was introduced featuring more than 1500 items, serving ......read more
Abu Dhabi, 24 September 2018/ADNEC/ Leading local and international leisure marine companies are gearing up to showcase their latest products and technologies set to impress leisure marine enthusiasts from around the world at the inaugural Abu Dhabi International Boat Show (ADIBS) 2018. To be held under the patronage of His Highness Sheikh Nahyan Bin Zayed Al Nahyan, Chairman of the Board of Trustees of Zayed bin Sultan Al Nahyan Charitable and Humanitarian Foundation and Chairman of Abu Dhabi Sports Council, ADIBS will take place from 17th to 20th October at the Abu Dhabi National ......read more
An average rate increase of 4.9%, effective January 1, 2019
Dubai, UAE September 24th, 2018: DHL Express, the world’s leading international express services provider, announced today its annual price increase of 4.9% for shipments, effective January 1, 2019.
“DHL Express has been significantly investing in our international network to meet highest expectations and to offer an even better service for our customers globally,” said Geoff Walsh, UAE Country Manager, DHL Express. “Our aim is to deliver continuous improvement in quality ......read more
By Ole Hansen, Head of Commodity Strategy at Saxo Bank
Dubai, UAE, September 23, 2018: The Bloomberg Commodity Index, which tracks the performance of 22 major commodity futures, rose from the ashes this past week. The 2% gain occurred after some early weakness after the US announcement of additional tariffs on $200 billion worth of Chinese imports.
The broad-based recovery that followed in global stocks and currencies was driven by a combination of the US tariffs coming in at the lower 10% bracket and China, while responding with its own counter tariffs, announcing plans to ......read more
The International Youth Nuclear Congress and the UAE Permanent Representation to the International Atomic Energy Agency co-hosted a side-event at the 62nd IAEA General Conference in Vienna, Austria
Young professionals from the UAE, USA, China, Russia and France share their views on the future of nuclear energy and technology
Dubai, UAE, September 20, 2018: The International Youth Nuclear Congress (IYNC) and the United Arab Emirates (UAE) Permanent Representation to the International Atomic Energy Agency (IAEA) facilitated a discussion on the role of young people in the future ......read more
ENEC participates in 62nd Annual Regular Session of the IAEA General Conference, UAE side event and International Youth Nuclear Congress event
ENEC CEO updated the attendees on the status of the Barakah Nuclear Energy Plant Project
Abu Dhabi, UAE – 19 September 2018: The Emirates Nuclear Energy Corporation (ENEC) participated in the 62nd Annual Regular Session of the IAEA General Conference, taking place at the IAEA International Center in Vienna, Austria, from 17 to 21 September 2018. The ENEC delegation to the Conference is led by Eng. Mohamed Al Hammadi, ......read more
Dubai, UAE; September 19, 2018: Hormann, a leading provider of doors and gates in the region, has introduced a new door type- V4015 SEL Alu-R, that comes with an innovative tubular drive and high-speed process, making it ideal for tight spaces. It is safe and economical as it is equipped with the standard light grille and SoftEdge profile for a high level of security, to prevent door system damage by stopping the door immediately if a person or vehicle is in the door opening. These features make the door suitable for different sectors including general stores, hotels, homes, food ......read more
Dubai, September 18, 2018: As residents look to enjoy their outdoor space during the cooler months, home improvement and lifestyle store, Al-Futtaim ACE has the perfect solution to refresh or revitalize their garden or balcony.
The Al-Futtaim company has just launched its exciting Outdoor collection with hundreds of new products that will provide plenty of inspiration for customers to decorate their outdoor living space.
Whether it is alfresco dining, barbeque parties, camping or off-roading, picnics, gardening or celebrating the festive season, the collection includes new ......read more
The renowned French outdoor furniture brand for hotels and resorts will display the latest collections and innovative designs from September 16-18, 2018 - DWTC
Dubai, UAE, September 15, 2018: Mousses Etoiles, a leading French manufacturer of luxurious outdoor furniture, will be exhibiting their latest range at The Leisure Show Dubai, from the 16th to the 18th September in Hall 7 stand number 7E308 DWTC. Mousses Etoiles which has already begun providing UAE’s most prestigious hotels, will be looking forward to meeting and interacting with more hospitality professionals ......read more
Enjoy a wide variety of designs and combinations to suit every budget at one of the biggest bedroom festivals this year!
PAN Emirates launches bedroom festival up to 70 per cent discounts
PAN Emirates offers pre-arranged sets from cost effective
Dubai, United Arab Emirates, September 12, 2018: PAN Emirates Home Furnishings, the leading home-grown indoor, patio, and outdoor furniture brand in the region, continues to offer great value to it’s loyal customers with the launch of the bedroom festival.
During the festival, shoppers can enjoy ......read more
5MW Ile de Romainville Solar Park being developed with financing worth AED31 million from Abu Dhabi Fund for Development as well as funds from PUC’s own equity
Solar PV project to be integrated with existing 6MW Port Victoria Wind Farm and PUC’s existing power station
Abu Dhabi, United Arab Emirates; Sept 12, 2018 – Masdar, Abu Dhabi Future Energy Company, will help the Public Utilities Corporation (PUC) in building a five-megawatt (MW) solar photovoltaic (PV) power plant with battery storage in the Republic of Seychelles The project is being financed by ......read more
Renowned interior designer, Perry Hanssen showcases contemporary kitchen spaces with SieMatic UAE
Dubai, UAE, September 12, 2018: The kitchen is probably the most used room in any home, so why not make it a space you enjoy spending time in. Introducing innovative German designed kitchens from SieMatic UAE, which is retailed at Al Gurg Lifestyle.
SieMatic offers customers a unique luxury experience to create and customise their dream kitchen, to fit any space and environment, be it sophisticated, elegant or classic.
Perry Hanssen is the creative force ......read more
Meets every modern bathroom’s desire to balance functionality and aesthetic appeal
Dubai, September 12, 2018: Ideal Standard, one of the leading providers of innovative bathroom solutions operating across Europe, Middle East and Africa, has unveiled Esedra – a classic contemporary ceramic range that ticks every box in the requirement list of a modern bathroom space, which will not compromise on practicality or aesthetics.
The new line designed by Studio Levin exudes a fresh, energetic aura, clean lines and soft rounded shapes, all married ......read more
September 11, 2018 - Dubai UAE: A 2016 report by McKinsey & Company found that 14 percent of millennials said they would not work in the oil and gas industry because of its negative image – the highest percentage of any industry. With millennials set to comprise 75 percent of the workforce by 2025, it is imperative companies within the oil and gas industry do more to attract younger talent.
In recent years, the oil and gas industry has seen the landscape in which it operates undergo significant change, marked by a West-East shift in socio-political and economic power ......read more
As per the latest industry recommendations to reinforce UAE’s prominent position
The first event of its kind that gathers decision makers in the maritime industry to discuss methods to develop the legal and procedural framework of the UAE ports in addition to improving the efficiency of its infrastructure and technology
Dubai – United Arab Emirates – 11th of September 2018: Under the patronage of the Federal Transport Authority for Land and Maritime “FTA”, Tactics Maritime Media and Marasi News have successfully arranged “The UAE Maritime ......read more
Hughes and Yahsat to provide commercial Ka-band satellite broadband service across Africa, Middle East and southwest Asia
Dubai, UAE, September 10, 2018: Yahsat, a leading global satellite operator based in the United Arab Emirates (UAE) and wholly owned by Mubadala Investment Company, and Hughes Network Systems (HUGHES), a subsidiary of EchoStar Corporation (NASDAQ: SATS), today announced an agreement to enter into a joint venture to provide commercial Ka-band satellite broadband services across Africa, the Middle East and southwest Asia. This new venture combines Hughes deep ......read more
Dubai, UAE, September 09, 2018: SNC-Lavalin (TSX:SNC) is pleased to announce that it has been awarded a framework agreement for project support services with LUKOIL Mid-East for the West Qurna phase 2 oil field in Iraq.
“We continue to build on our long-term relationship with LUKOIL and to help them realize their projects successfully. Once again, we look forward to demonstrating our expertise in the delivery of professional services and our enviable reputation that has been earned in the region for over 50 years,” said Christian Brown, President, Oil & Gas, ......read more