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    RDIF, Mubadala Petroleum and Gazprom Neft announce a joint venture to develop Siberian oil fields

    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 customary regulatory and internal approvals. The corresponding agreement was announced today at the St. Petersburg International Economic Forum. Proved and probable reserves of hydrocarbons in the fields are about 40 million tons (approx. 300 ......read more

    DHL Express Announces Egyptian Football Superstar Mohamed Salah as Brand Ambassador for the MENA Region

    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 initiatives that reinforce the synergies between the core values of DHL Express as a business and Mohamed Salah.   It was announced on 23 May at a press conference held in England in the presence of senior DHL Express officials, distinguished ......read more

    Strong Global Interest in Tendering Process for Oil and Gas Concessions in Ras Al Khaimah, Reveals Rakpa Chief Executive

    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 1 April 2018 to attract regional and international companies aiming to expand their portfolios in the UAE, the 2018 RAK Licensing Round is proving to be popular, with many firms already taking advantage of the data rooms being facilitated by ......read more

    Regulatory Reform Key to Meeting Renewable Energy Targets in Panama

    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. Victor Urrutia. A central recommendation of the report calls for amendments to the country’s regulation of Power Purchase Agreements (PPAs) for variable renewable energy sources, such as solar and wind. Currently, these renewable energy ......read more

    Give the gift of artistic boldness with Georg Jensen home decor this Ramadan

    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, streamlined curves and svelte shapes fit the order of the day.  So whether you opt for the smooth yet playful complexity of the Indulgence Strawberry Bowl, add the functional minimalism of a Koppel clock to your walls, or opt for the timeless ......read more

    Ideal Standard's Strada II Range Sets New Standards in Design

    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 offering a softer, lighter design in line with current tastes and trends. Today’s consumers want flexible products to fit any bathroom design. That’s why all products in this range perfectly complement each other to fashion a perfectly ......read more

    UPS Launches Flagship $163 Million Hub in Dp World London Gateway Logistics Park

        UPS, DP World collaborate to enhance trade flow processes, improve customer experience     Acts as key gateway to growth in UPS’s smart global logistics network Dubai, United Arab Emirates, May 16, 2018:  UPS (NYSE:UPS) officially opened its new 32,000 square metre package sorting and delivery facility in the south east of England. At $163 million, the new London Hub is one of UPS’s largest single infrastructure investments outside of the United States in the company’s history. “Every single day, we see evidence of a more inter-connected world of commerce. And we are delighted that UPS continues building upon its relationship with Dubai-based DP World to explore new international opportunities,” commented Rami Suleiman, newly appointed UPS President of the ......read more

    Big Oil Production Is Still Growing Despite Capex Cuts

    May 16, 2018, United Arab Emirates:  Since mid-2014, the harsh cyclical downturn in oil prices has tested, and proved, the resilience of international oil majors' integrated business models. S&P Global Ratings recognizes the majors' downstream refining and petrochemical assets provided them with a cushion as cash flows from the upstream businesses, especially straight exploration and production businesses, plunged.  Those downstream businesses have since taken a backseat as higher oil prices, lower costs, and capital expenditure (capex) help upstream performance recover. Nonetheless, one of the concerns arising from the industry downturn has been whether the largest oil companies have been underinvesting, as a result of the huge capex cuts since 2014. In our view, ......read more

    How to Turn Your Bathroom into a Relaxing Home Spa

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

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

    May 15, 2018 - Dubai, UAE: Established in 2008 with their first office in Al Quoz, Global Light and Power (GLP) offer bespoke lighting design solutions with upscale qualities and ideal functionality.  The locally grown company’s 1000 sq. foot showroom showcases both indoor and outdoor LED lighting solutions which include a range of existing and newly designed and manufactured products, displayed to highlight the techniques, applications and effects of each lighting fixture.  Founder and Managing Director of GLP: “It has been a great year for the team. Not only were we able to open our doors to the public as per the scheduled date, but we also managed to simultaneously work on designing new products and creating a brand new premium catalogue highlighting our capabilities and extensive range of ......read more

    JAFZA GENERATES OVER USD 83B IN TRADE

    Dubai, United Arab Emirates, 15 May 2018:  DP World, UAE Region including Jebel Ali Free Zone (Jafza) has reaffirmed its position as the region’s top trade and logistics hub by generating 29.4 million Metric Tonnes (MT) of trade, valued at $83.1 billion in 2017.  The figures contribute 23% to the total value of trade in Dubai, 70% of the value of all Dubai’s free zone trade combined and has increased 4% year on year. The volume of trade amounts to 97% of Dubai’s total free zone trade, 32% of Dubai’s total trade and has seen a 6% increase in trade year-on-year.The total traded volume of 29.4 million MT is the highest since 2013. Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World, said: “This is a proud moment for Jafza as our free zone continues to lead Dubai’s trade sector ......read more

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

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

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

    The company also has successfully launched the "Young Arab Cadet Program" to train and qualify Arab and National cadres in the maritime field Dubai, United Arab Emirates, May 15, 2018:  Gulf Navigation Holding PJSC, headquartered in Dubai and listed in the Dubai Financial Market entitled with “GULFNAV”, announced a 5% increase in its gross profits by the end of first quarter 2018 in comparison to the first quarter 2017. This announcement comes consequently with the company’s successful completion of the requirements needed to make the Gulf Navigation compliant with the Islamic Sharia laws listed in the Dubai Financial Market.  The company has released its recent financial reports representing continuous growth in its financial performance. Gross profit has reached AED10.15 ......read more

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

    Dubai, UAE; May 15, 2018: Eships, a subsidiary of UAE-based Tristar Group was announced as the ‘Best Maritime Company’ at DMCC Member Awards 2018. The award celebrates successful companies operating from the DMCC freezone.  Shailesh Bildikar, Chief Operating Officer, and Sanjay Sachdev, Technical Director, received the award on behalf of Eships. According to Balaji Nagabhushan, Group Chief Administrative Officer, Tristar Group: “DMCC is one of the leading free zones in the world and we are proud to receive this honour from them. It is a recognition of the company’s achievements and the technical and safety standards by which we operate.” Eships owns and operates a modern fleet of products/chemical tankers and LPG vessels. The company strives to deliver safe, reliable and environmentally ......read more

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

    Dubai, United Arab Emirates, 14 May 2018:  Access World Logistics L.L.C. – a joint venture between RHS Group, Dubai and Switzerland-based Access World, inaugurated a state-of-the-art 3rd party logistics & warehousing facility on Wednesday, 09 May 2018 in the Jebel Ali Free Zone. The facility, with a storage capacity in excess of 100,000 freight tons of multiple products, has a 15,200 m2 covered warehouse with Very Narrow Aisle (VNA) racking systems as well as bulk-stowage space, and air-conditioned (220C’) as well as ambient-temperature warehousing space, plus an open-storage yard of about 7,500 m2. The fast-track project was completed in less than 10 months from the ground-breaking, which was held in July 2017. The logistics company is also in the process of commissioning a 1 MWp roof-top PV Panel system to meet ......read more

    JAFZA'S PETROCHEMICAL COMPANIES GENERATE AED 16 BILLION

    DP World, UAE Region highlights sector-wide collaboration at GPCA Supply Chain Conference Dubai, United Arab Emirates, 12 May 2018:  Petrochemical companies operating in Jebel Ali Free Zone (Jafza), the region’s premier business and logistics hub, generated trade worth AED 16 billion in 2017. Jafza is home to 526 companies in the sector from 67 countries and will be exhibiting its services in the petrochemical sector at the 10th GPCA Supply Chain Conference in Dubai. Sultan Ahmed Bin Sulayem, Group Chairman and Chief Executive Officer, DP World, said: “Creating better supply chains depends on industry collaboration and sharing of knowledge to help the sector identify and resolve inefficiency. Real-time data is now the norm and the need for collaboration grows as well. we understand the value it offers and are ......read more

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

    Sharjah, UAE; May 08, 2018:   2XL, the leading luxury furniture and home décor brand in the UAE, has relaunched its flagship store in Sharjah with a new look, wider selection and larger space. The 71000 square feet outlet is now one of UAE’s largest home and décor space, spread across three floors.  Lavish spaces are dedicated to carefully designed living spaces, bedrooms and dining areas, making customers feel like they are walking through a palatial home.  H.E Sultan Abdullah bin Hadda Al Suwaidi, Chairman of Sharjah Economic Development Department, officially opened the new outlet in the presence of VIP guests and customers. Mr. Suood Al Sadi, General Manager, 2XL Furniture and Home Décor, said: “Our Sharjah store was one of our first outlets when we established 2XL to cater to a demand for ......read more

    Agility's Earnings Release Q1 2018

    Agility’s Financial Results for First Quarter 2018     Q1 2018 (Million KD)     Q12017(Million KD) Variance  (%) Revenue  371.8 320.5 +16% Net Revenue 124.6 110.8 +12.5% EBITDA  37.7 30.8       +22.6%  Net Profit  18.9  14.6  +29.8% EPS (fils)  15.2  11.6  +30.3%     Figures in the table above have been rounded    Dubai, United Arab Emirates, May 8, 2018:  Agility, a leading global logistics provider, today announced its Q1 2018 financial results, reporting a net profit of KD 18.9 million, or 15.2 fils per share, an increase of 29.8% over Q1 ......read more

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

    6 May 2018; Dubai, UAE:   UAE's leading home furnishing and improvement brand launched its biggest Danube Home Showroom on 3rd of May at Cubes Park, Mussafah, Abu Dhabi. Present at the launch were His Excellency Sheikh Nahyan bin Mubarak Al Nahyan, Mr Rizwan Sajan Chairman and Founder Danube Group, Mr Adel Sajan, Director Danube Group along with senior management of the Group. The group invested AED 50 million on this project, and this grand opening marks the 9th store in UAE. The new store spans across 75,000 square feet of retail space, with a huge assortment of 30,000 home furnishing and improvement products and 200 parking slots. The design, colour, product categories, clearly marked signage and friendly sales staff will definitely provide you with an exceptional shopping experience. The store is poised to cater to ......read more

    nVent Announces Completion of Separation from Pentair

    Independent, $2.1 billion company focuses on electrical connection and protection  DUBAI, UAE – May 3, 2018 –   nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced the completion of its separation from Pentair plc (“Pentair”) and its launch as an independent, publicly traded company. nVent shares will begin “regular way” trading on the New York Stock Exchange on May 1, 2018, under the symbol “NVT.”  The company has a leading portfolio of electrical enclosures, electric heat tracing solutions, complete heat management systems, and electrical and fastening solutions that connect and protect critical systems across the globe where the cost of failure is high. Its innovative electrical ......read more

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

    Dubai, United Arab emirates, May 2, 2018:  The world is not on track to meet the global energy targets for 2030 set as part of the Sustainable Development Goals, but real progress is being made in certain areas – particularly expansion of access to electricity in least developed countries, and industrial energy efficiency, according to a new report from five international agencies.  Renewable energy is making impressive gains in the electricity sector, although these are not being matched in transportation and heating – which together account for 80% of global energy consumption.  While global trends are disappointing, recent national experiences around the world offer encouraging signs. There is mounting evidence that with the right approaches and policies, countries can make substantial in clean ......read more

    Introducing the Bali Collection at Home and Soul Dubai

    Hand-crafted and custom-made home accessories Dubai, UAE, May 01, 2018:  Bali is the perfect destination for fans of bohemian art and design, many travel far-and-wide to the popular place in Indonesia to get their hands on the unique and hand-crated pieces. Luckily, Home and Soul have scoured the island’s furniture scene for you, offering you the best sustainable, unique and custom-made pieces here in Dubai making it easier for you to add a touch of ethnic flair to your home. The beautiful hand-made products are made from a combination of natural materials such as rattan, cotton, coconuts, wood and bamboo, that are all sourced from all over the island. Offering an array of beautiful furniture from vintage-looking chandeliers, contemporary dining chairs and gorgeous woven home accessories and textures, all to ensure to ......read more

    Al-Futtaim Logistics opens cold storage facility

    New warehouse offerings for Food and Beverage clientele Dubai, April 29, 2018:   Al-Futtaim Logistics, a leading integrated logistics and supply chain solutions provider, has announced the expansion of its services with the opening of a state-of-the-art cold storage warehousing facility in Dubai.  Located at Jebel Ali South Free Zone, the multi-temperature facility has space for more than 1,600 pallets with full temperature control ranging from +18°C to -22°C. The facility incorporates world-class warehouse management technology including capturing all the attributes of the products combined with double-deep storage which optimises space and enables high throughput. The new facility has been designed for piece and pallet picking for speed-to-market orders. Customers utilizing the cold storage facility can ......read more

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

    FMS Tech is now one of seven exclusive suppliers approved in OPAL’s first round of approvals 29 April 2018, Dubai, United Arab Emirates:  Oman Society for Petroleum Services (OPAL) recently announced Fleet Management Systems & Technologies (FMS Tech) as one of its seven approved in-vehicle monitoring systems (IVMS) suppliers for Oil and Gas Transportation Safety Technology in its first round of approvals.  Oil & Gas Safety Standards and Regulations require multiple qualifications and approvals to be met before a company can supply to the Oil & Gas industry in Oman. This is due to several high-risk operations, that are potentially dangerous, if not managed and regulated properly. OPAL has also created an advanced set of criteria for various Oil & Gas operating standards. One of these is solely ......read more

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

    April 28, 2018 United Arab Emirates:  The UAE, ably deputized by the Ministry of Climate Change and Environment (MOCCAE), participated in the first Jordan International Agricultural Forum and the 35th session of the General Assembly of the Arab Organization for Agricultural Development (AOAD) in the Dead Sea region, Jordan on April 25 and 26.  The UAE’s deputation was presided by His Excellency Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of Climate Change and Environment, and comprised of high-level officials from the Ministry as well as representatives of the private sector. His Excellency Dr Al Zeyoudi attended the Forum and associated exhibition and held bilateral meetings with several Arab ministers concerned with environment and climate change to discuss further areas of cooperation in agriculture, livestock ......read more

    Other Top Stories from Others
     
    Dubai Customs announces 132 jobs at Careers UAE 2018

    Under the theme “Innovative workplace searches for you” Dubai, UAE, 13th March 2018:   Dubai Customs participated in Careers UAE 2018 in its 17th year, organized by the Dubai World Trade Centre from 13 to 15 March 2018 under the theme “Innovative workplace searches for you”. The participation is part of Dubai Customs efforts to qualify and develop national human capital, being a main pillar of the UAE Vision 2021.   On the first day, Dubai Customs launched its “Innovation in Customs” initiative that helped showcase the innovations ......read more

    GAC Saudi Arabia partners Fendercare Marine Middle East to supply marine products in the Kingdom

    GAC Saudi Arabia partners Fendercare Marine Middle East to supply marine products in the Kingdom Saudi Arabia, 13 March 2018 – GAC Saudi Arabia has joined forces with one of the world’s foremost suppliers of marine products and services to supply quality marine products to customers in the Kingdom. Through its partnership with Fendercare Marine Middle East, part of James Fisher and Sons plc, GAC Saudi Arabia will provide Fendercare products including a full range of ropes, chains and shackles, to local clients. More products will soon be added. The partnership also ......read more

    Brazilian delegation visits UAE to enhance agribusiness trade relations

    UAE, March 12, 2018- A contingent of government officials from Brazil’s Ministry of Agriculture, Livestock, and Supply (MAPA) recently visited the UAE as part of its mission to establish its presence in new major Asian and Middle Eastern markets, according to the Arab Brazilian Chamber of Commerce (ABCC). Led by MAPA’s Executive Secretary, the government delegation was joined by businessmen and heads of different organizations across industries. The high-level visitors networked with local business owners as well as met with Khalifa Al Ali, General Director of the Food Security ......read more

    Abu Dhabi Fund for Development Allocates AED64 Million for Two Renewable Energy Projects in Seychelles

     Dual projects designed to enhance Seychelles' capacity to produce renewable energy from sustainable resources  ADFD-funded energy projects electrify thousands of homes in island nation Abu Dhabi-UAE: 12 March, 2018:   Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, today announced an allocation of AED64.2 million for the development of two projects in the Republic of Seychelles that will enhance the country's capacity to produce renewable energy from sustainable resources. Confirming the Fund’s support, ......read more

    Agreement signed in the presence of His Highness Sheikh Mohammed Bin Zayed Al Nahyan, and Italian Prime Minister, Paolo Gentiloni

    Mubadala Petroleum signs agreement with Italian company Eni to purchase interest in Shorouk Concession • Mubadala Petroleum acquires 10 percent interest in the Shorouk Concession in Egypt   Abu Dhabi, 12 March 2018:  Mubadala Petroleum and Italy’s Eni signed an agreement to purchase a 10 percent stake in the Egyptian Shorouk Concession. The signing ceremony was presided over by His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Paolo Gentiloni, Prime Minister of the ......read more

    Kanoo Machinery displays latest farm technologies and solutions at AGRAME 2018

    Dubai, UAE: Kanoo Machinery, a member of The Kanoo Group and one of the exclusive dealers of world-class brands in the Middle East, showcased its most recent range of farming technologies from Massey Ferguson®, Bobcat®, and Snorkel® at AgraME 2018 which was held at the Dubai World Trade Centre on 6-8 March 2018. AgraME has always been one of the most important trade exhibitions in the Middle East and Africa. This year’s edition focuses on four dedicated product sectors — Crop Farming, Animal Farming, Aquaculture and Animal Health, bringing together manufacturers, ......read more

    SonicWall Cyber Threat Report Illustrates Intense Cyber Arms Race; Cyber Attacks Becoming No. 1 Business Risk

    SonicWall, the trusted security partner protecting more than 1 million networks worldwide, announces research and intelligence from its 2018 Cyber Threat Report. In sum, the company recorded 9.32 billion malware attacks in 2017 and saw more than 12,500 new Common Vulnerabilities and Exposures (CVE) reported for the year. “The cyber arms race affects every government, business, organization and individual. It cannot be won by any one of us,” said SonicWall CEO Bill Conner. “Our latest proprietary data and findings show a series of strategic attacks and countermeasures as ......read more

    Dubai Maritime City Authority joins international maritime leaders at Middle East Bunkering Convention 2018

    The Dubai Maritime City Authority (DMCA), has joined the world’s leading maritime organizations at the Middle East Bunkering Convention 2018 in Dubai. DMCA’s participation is in line with its commitment to enhance channels of effective communication with regional and global maritime leaders to transfer the latest knowledge, exchange successful experiences and best practices that would support efforts to promote, develop and regulate the bunkering sector. Amer Ali, Executive Director of DMCA explained the importance of holding this conference in a time where there is a growing ......read more

    Design International to open doors at d3

    Expanding Horizons Dubai, UAE, March 07, 2018:  Well known for anticipating market shifts and integrating them into highly creative architectural concepts, Design International is set to open the latest addition to its office network at Building 4 of d3 in the presence of dignitaries and the trendy community of the Dubai Design District attending the 2018 edition of the Italian Design Day on 6th March. Speaking ahead of the office opening, Davide Padoa, said: “We are delighted to open our new office in Dubai. This is testament to our long-standing connection with the region ......read more

    “The Night of Italian Design” Opens to Public Today at Dubai Design District

    Dubai, UAE – March 06, 2018:   The Embassy of Italy to the UAE, the Consulate General of Italy in Dubai and the Italian Trade Agency in Dubai in collaboration with Dubai Design District are all set to host “The Night of Italian Design” at d3 today evening, in Building 7, starting at 6.30 PM. The event, which is open to the public, has 22 Italian design showrooms, representing over 100 Italian brands, joining as part of a walking tour in the evening. There will also be eight other brands that will display their designs in Building 7 and in the common areas of d3. An ......read more

    Region's Agriculture Industry Under the Spotlight This Week in Dubai

    Dubai, UAE, 6 March 2018:   Under the patronage of the Ministry of Climate Change and Environment AgraME, which opens tomorrow (6 March) at the Dubai World Trade Centre, is set to attract buyers, both locally and internationally, looking to source the latest products and innovative solutions.  Offering a complete end to end solution of products and services, the show has a renewed focus on the Crop Farming, Animal Farming, Aquaculture and Animal Health sectors with a supporting free-to-attend content agenda. All four show verticals are in growing markets, with the MENA ......read more

    DMCA showcases latest achievements during meeting with Secretary General of International Association of Marine Aids to Navigation and Lighthouse Authorities

    The Dubai Maritime City Authority (DMCA), along with representatives from the UAE’s ports and maritime entities, recently welcomed Francis Zacharia, Secretary General of the International Association of Marine Aids to Navigation and Lighthouse Authorities (IALA), and his high-level delegation. During the meeting, the DMCA has showcased its most outstanding achievements; last year’s national initiatives positioning Dubai as one of the world's best maritime capitals; and growing global recognition of the emirate’s leadership in the global maritime sector. During the ......read more

    Masdar to Install Rooftop Solar PV Systems at Khazna's Masdar City Facility

    Abu Dhabi, UAE, 4 March 2018 –   Masdar, Abu Dhabi Future Energy Company, a subsidiary of the Mubadala Investment Company (Mubadala), today announced that it will install a 290-kilowatt (KW) solar photovoltaic (PV) system to serve the facility of Khazna Data Centres (Khazna) in Masdar City.  In the presence of Khaled Al Qubaisi, Chief Executive Officer, Aerospace, Renewables and Information Communications Technology for Mubadala, Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, and Hassan Al Naqbi, Chief Executive Officer of Khazna, signed a collaboration ......read more

    Saint Honore Celebrates Mother's Day with unique Charisma Twist Blue Liberty Double Strap Timepiece

    Dubai, UAE, March 04, 2018:  Attractive, original, Made in France, this watchmaking creation adopts a very trendy style thanks to its interchangeable double strap. Now the Charisma Twist watch is unveiling its new Liberty straps.   Delicately adorned with fabrics, the Charisma wristwatches are decorated with six different flower prints each more attractive and colorful than the next. The inescapable trend of the season, the "Liberty" pattern matches beautifully when it comes to accessorizing an outfit!   Each Charisma Twist comes with a simple and ......read more

    DCMMI successfully establishes the “United Arab Emirates Marine Environment Protection Association” UAEMEPA

    As an integral part of its initiatives to save the marine environment  The association aims to cultivate and promote an environmental consciousness within the maritime community Dubai, UAE, March 04, 2018:   The Dubai Council for Marine & Maritime Industries has successfully announced its collaboration with the Hellenic Marine Environment Protection Association “HELMEPA” in order to establish the first of its kind non-profit “United Arab Emirates Marine Environment Protection Association- UAEMEPA”. Both parties prepared and signed a Declaration ......read more

    Henkel boasts strong sustainability record in 2017

    Sustainability performance improved once more  More than 50,000 employees serving as sustainability ambassadors Partnership launched to stop ocean plastic  Leading positions in international indices and ratings  Dubai, UAE, March 03, 2018:   “In 2017, we made clear progress in implementing our sustainability strategy and reaching our sustainability targets. We are proud of the fact that many international rating agencies have recognized our achievements with excellent ratings and have acknowledged Henkel as one of the world’s leading ......read more

    Introducing Home and Soul Dubai, making your house your sanctuary

    Blanc D’ivoire transforms into new lifestyle concept store blending furniture, fashion design, accessories, and coffee  Dubai, UAE, March 03, 2018:  Home and Soul is the evolution of many years travelling to beautiful places and many years of experience within Dubai and the design industry as a whole. Formerly Blanc D’ivoire, Home and Soul Dubai provides a unique concept and lifestyle store like no other.   Owned and curated by Carol and Wael Sukkar, Home and Soul is a true ‘ hidden gem’ found in leafy Jumeirah. Selling beautiful home wear, ......read more

    French Electricity expertise to be showcased once again this year at Middle East Electricity'

    Discover French innovations from March 6 to 8 at the French Pavilion, Dubai World Trade Centre Dubai, UAE, March 01, 2018:  Business France is once again presenting the world-class, innovative and dynamic French electricity sector via the French Pavilion at the Middle East Electricity Exhibition from the 6th to the 8th of March. As a key platform for the introduction of new products and services in the world of electricity, this flagship exhibition continues to be a springboard for French businesses looking to expand in the region. The exhibitors at the French Pavilion are geared to ......read more

    UPS Worldwide Express Service Expands to Help Businesses Deliver Urgent Shipments in High Growth Markets

    Service now available in 124 countries and territories, including UAE & KSA UPS expanded service in 57 countries and territories including India, Brazil, and South Korea 5 new countries received Express service including Bangladesh and Madagascar  Guaranteed delivery in 1-3 business days by 10:30 a.m., noon, or 2 p.m., depending on the destination Dubai, UAE, March 01, 2018:  UPS (NYSE: UPS) has expanded its UPS Worldwide Express™ package service to reach 124 countries and territories, providing an earlier delivery option for customers to more locations. UPS ......read more

    DMCA officially launches ‘Sea Dubai' at Dubai International Boat Show 2018

    Dubai Maritime City Authority (DMCA) unveiled the features of ‘Sea Dubai’, a key initiative for the development of the maritime leisure sector in Dubai, on the side lines of the 26th edition of the Dubai International Boat Show which will continue until March 3, 2018, at its new location, Dubai Water Canal. Visitors to the event, the largest of its kind in the maritime industry in the Middle East, praised the importance of the initiative as it paves the way to make Dubai the world's leading destination for maritime leisure activities. The ‘Sea Dubai’ initiative ......read more

    ENEC Appoints Peter Dietrich as Chief Nuclear Officer

    Mr. Dietrich brings more than 27 years of international nuclear industry experience Abu Dhabi, UAE – 28 February 2018:  The Emirates Nuclear Energy Corporation (ENEC) has appointed Peter Dietrich as the Corporation’s Chief Nuclear Officer (CNO). Mr. Dietrich brings substantial international industry expertise from his 27-year career in the nuclear sector.  The position of ENEC CNO serves a strategic function to the organization in supporting the successful development of the UAE Peaceful Nuclear Energy Program, including assessing the program plan for the delivery ......read more

    Caparol Paints holds interactive workshop for painters in Dubai

    The global leader in paints offers insights into innovative design and usage techniques to the community of painters  Dubai, February 28, 2018:  Caparol Paints, a global leader in the paints industry, recently conducted an exclusive workshop for painters at its facility in Dubai Industrial Park. More than 70 painters from across the UAE attended the event. The workshop was designed to be an interactive session where the painters were given a detailed demonstration and training on basic to advanced levels of paint applications. It involved familiarizing painters with ......read more

    DMCA puts spotlight on Dubai Maritime Virtual Cluster initiative at Dubai International Boat Show 2018

    The Dubai Maritime City Authority (DMCA) highlighted its Dubai Maritime Virtual Cluster (DMVC) initiative during its participation at the 26th Dubai International Boat Show, the Middle East’s largest maritime event of its kind, which kicked off today, February 27, 2018, and will run until March 3, 2018 at the new Dubai Water Canal in Jumeirah. DMVC is a knowledge- and research-driven smart platform designed to improve the local maritime cluster’s global competitiveness.  A large number of visitors and exhibitors praised the DMCA for enhancing cooperation between local and ......read more

    2XL launches ‘Portofino' dining room collection in minimalist style

    Dubai, UAE; February 27, 2017:   2XL, the leading luxury furniture and home décor brand in the UAE, has launched a new luxury dining room set consisting of cushioned beige colour chairs with matching light wooden colour table. Made of wood veneer, the grey oak dining room set, “Portofino” can accommodate a group of eight easily. The chairs have wooden legs and the rectangular table has stylish thick solid legs giving shock-resistant stability that bears more weight. The collection has a minimalist design which makes it a stylish addition to any kitchen or dining room. ......read more

    Saeed mohammed al ghandi and sons (SMAG) to Showcase global Marine brands at dubai International boat show 2018

    Dubai, UAE: For the 12th consecutive years, Saeed Mohamed Al Ghandi & Sons (SMAG), part of the Al Ghandi Auto Group, is set to showcase its latest marine brands at the Dubai International Boat Show, scheduled to take place at its new premises in Dubai Canal, Jumeriah, from February 27 to March 3, 2018. The Dubai International Boat Show has become synonymous with the luxury and practicality of the marine lifestyle, attracting thousands of boat and marine equipment enthusiastic who value the freedom that the open seas have to offer. Commenting on their participation, Mark Jenkins, ......read more

    DMCA to showcase local maritime sector's milestones to the global maritime community during UAE Maritime Week 2018

    Under the patronage of H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, the Dubai Maritime City Authority (DMCA) is set to host the UAE Maritime Week 2018 from October 28 to November 1, 2018 to promote the UAE’s global status as a first class maritime destination and enhance Dubai’s competitiveness as one of the world's leading maritime clusters. H.E. Sultan Ahmed bin Sulayem, Chairman of the Ports, Customs & Free Zone Corporation and Chairman of DMCA, thanked H.H. Sheikh Hamdan bin Mohammed bin Rashid ......read more

    Awareness: The key to unlocking benefits of energy efficiency

    February 24, 2018 - Awareness enhancement is a key impetus for the achievement of the Dubai Demand Side Management (DSM) targets. Behavioral changes are only possible when people and organizations are aware of their energy consumption, and of measures and practices they can adopt to reduce their consumption. Even small changes in seemingly insignificant everyday practices can go a long way in contributing to the reduction of energy consumption, decrease operating costs and increase their livelihood. Though we are optimistic that the strong results achieved by the Dubai Government so far in ......read more

    John Lewis Home for Timeless Designs

    Thoughtful designs of unrivalled quality with John Lewis SS18 collection Dubai, UAE, February 24, 2018:  With John Lewis heritage and design at its heart, the SS18 collection celebrates authenticity and craftsmanship, inspired by palette of materials, colors and textures across shape and pattern, spanning our entire Home assortment, all intended to elevate everyday items and bring our customers joy through design. Coastal Collection: Our SS18 Coastal colour update is a refined core of soft neutrals and grey tones mixed with a range of calming blues. This colours are used ......read more

    Puma Energy Hosts “Be Road Safe” Event in Dubai

    Opportunity to help local truck drivers drive more safely  DUBAI, United Arab Emirates – 22nd February 2018 –   Puma Energy, the global integrated midstream and downstream energy company, hosted its first Be Road Safe event specifically created for the United Arab Emirates (UAE) in Dubai on Thursday, February 22nd. The event aims to promote the importance of road safety and highlight existing risks across the region. 48 countries have taken part in the initiative to date through the Road Safety Relay.  The UAE Be Road Safe event, sponsored by Puma Energy ......read more

    ENEC Demonstrates Commitment to Environmental Protection and Sustainability during Visit by UAE Minister of Climate Change and Environment to Barakah Nuclear Energy Plant

    Al Zeyoudi: The Barakah Nuclear Energy Plant will contribute to meeting the UAE Energy Strategy and the realization of the UAE’s voluntary commitments to the Paris Agreement The project will improve air quality by cutting down up to 21 million tonnes of carbon emissions every year Abu Dhabi-UAE – 21 February 2018 -   His Excellency Dr Thani bin Ahmed Al Zeyoudi, Cabinet Member and UAE Minister of Climate Change and Environment, visited the Barakah Nuclear Energy Plant today, where he witnessed the Emirates Nuclear Energy Corporation ‘s (ENEC) ......read more

    Agility's Earnings Release for Full Year and Q4 2017

    Dubai, UAE,  February 21, 2018:     FY 2017 (Million KD)  FY 2016 (Million KD) Variance (%) Q4 2017 (Million KD)  Q4 2016 (Million KD)  Variance (%) Revenue 1,407 1,234 14% 386 314.8 22.6% Net Revenue 469.9  429.1 9.5% 125.7 112.4 12% EBITDA  135.2 115.2 17.4% 37.6 31.4 19.8% Net ......read more

    Danube Group launches Nouveau Surfaces from Europe

    Dubai, 21 February 2018:  Danube Building Material, the number one building material company in the Middle East organized an exquisite exhibition of surfaces to mark the launch of its Nouveau Surfaces at AnYahh art gallery from 19th February to 21st February 2018. The new collection was installed across the art gallery like beautiful art pieces to create a world of artistic expression for the visitors. To grace the occasion present on the event were H.E. Valentina Setta - Consul General of the Italian Consulate in Dubai, Founder and Chairman Mr. Rizwan Sajan and other senior ......read more

    Renewable energy prospects for the European Union

    Dubai, UAE, February 20, 2018:  For more than two decades, the European Union (EU) has been at the forefront of global renewable energy deployment. The adoption of long-term targets and supporting policy measures has resulted in strong growth in renewable energy deployment across the region, from a 9% share in gross final energy consumption in 2005 to 16.7% in 2015. The REmap study by the International Renewable Energy Agency (IRENA), prepared in co-operation with the European Commission,  identifies cost-effective renewable energy options for all EU Member States, spanning a ......read more

    DMCA to facilitate maritime licensing services during participation at Dubai International Boat Show 2018

    The Dubai Maritime City Authority (DMCA) has completed its preparations to provide an integrated portfolio of maritime licensing services at the upcoming Dubai International Boat Show 2018, which will be held from February 27 to March 3, 2018 at the Dubai Water Canal in Jumeirah. The services will be showcased at the DMCA pavilion to help facilitate maritime licensing procedures for applicants looking to manage their maritime operations in accordance with the highest standards in safety, best environmental practices and local and international regulations, and thereby reflecting Dubai’s ......read more

    Preparing the perfect table setting with Bits & Pieces

    Hone your dinner party hosting skills with these tips and picks from Bits & Pieces Dubai, UAE, February 18, 2018:  Hosting the perfect dinner party can be stressful. From picking the perfect menu, to mastering the right table setting there is a lot to think about if you want to put together a perfect dinner party at home.  And did you kow that setting a nice table is one of the most important elements of hosting a dinner party? Not only does the table setting literally set the scene for the evening ahead, it can affect your enjoyment of the meal which can even affect how ......read more

    Ministry of Climate Change and Environment Launches Awareness Campaign for the Implementation of Ministerial Decision No 501 of 2015 Regulating Fishing and Trading of Sheri and Saf

    Consistent with the breeding season from 1st March to 30th April,  Dubai, UAE: 17 February 2018 -   The Ministry of Climate Change and Environment (MOCCAE) has launched an awareness campaign for implementing the Ministerial Decision No 501 of 2015 regulating the fishing and trading of Arabian Sheri (emperor fish) and Safi (rabbitfish) during the breeding period starting from 1st March to 30th April 2018.  The decision stipulates that trading of local or imported Sheri and Safi fish is prohibited in fish markets and outlets during the breeding season of every year in ......read more

    MENA region U.S. egg import value grows 73% in 2017

    Growing population, rising incomes, evolving dietary patterns and thriving tourism spark demand Dubai, 17 February 2018 -   Middle Eastern consumers are showing a fast-growing appetite for eggs. According to the latest data from the U.S. Department of Agriculture (USDA), U.S. egg imports to the MENA (Middle East North Africa) region grew 73 percent in USD value in 2017 over the imports in 2016.  This represents a volume growth of 88 percent for U.S. table eggs and 83% for U.S. egg products.    Both consumer and industrial egg consumption has increased as ......read more

    French Electricity expertise to be showcased once again this year at Middle East Electricity

    Discover French innovations from March 6 to 8 at the French Pavilion, Dubai World Trade Centre Dubai, United Arab Emirates, 15 February 2018 –   Business France is once again presenting the world-class, innovative and dynamic French electricity sector via the French Pavilion at the Middle East Electricity Exhibition from the 6th to the 8th of March. As a key platform for the introduction of new products and services in the world of electricity, this flagship exhibition continues to be a springboard for French businesses looking to expand in the region. The exhibitors at the ......read more

    DSI Announces Unaudited Preliminary Q4 2017 Results

    Q4 2017 Highlights • Q4 2017 Revenues increases 11% to AED 656 Million compared to Q3 2017 • Company returns to Profitability and records AED 0.7 Million of Net Profit for Q4 2017 compared to a Net Loss of AED 359 Million recorded in Q3 2017 • Total Projects Backlog stands at AED 5.5 Billion as of December 31st 2017 • New project awards valued at AED 494 Million secured during FY 2017 Dubai, UAE – February 14, 2018 – Drake & Scull International PJSC (“DSI” or the “Company”), a regional leader in engineering and ......read more

    WGS 2018: DEWA Is Shaping the Future of Utilities with an Innovative and Holistic Approach

    His Excellency Saeed Mohammed Al Tayer: Dubai is a global model for clean energy and green economy  Dubai-UAE: 14 February, 2018 –  A holistic view of the energy sector is driving innovation at the Dubai Electricity and Water Authority (DEWA), said His Excellency Saeed Mohammed Al Tayer, Managing Director and Chief Executive Officer of DEWA, on day three of the sixth World Government Summit (WGS 2018) in Dubai. Speaking at a session titled ‘How Innovation Is Shaping the Future’, he noted that DEWA’s holistic approach to utilities management focuses ......read more

    2XL launches Malmo Bed with floral designs for a vintage shabby chic inspired master bedroom

    Dubai, UAE; February 13, 2018:   2XL Furniture and Home Décor, UAE’s homegrown retailer for luxury furnishings, has launched its new Malmo Bed in light blue with floral motifs, to turn the bedroom into a place of peaceful retreat. The bed features a white frame with wooden curved legs. According to Amit Yadav, Marketing Manager at 2XL, “This beautiful bed creates a shabby chic paradise with floral designs on a blue background. It has a calming effect on the senses, which is what you need after a busy day. It will go very well with matching wall papers to enhance the ......read more

    Global energy shifts set to transform the Middle East energy sector

    Recent A.T. Kearney report released during the World Government Summit identifies three key steps required for the Middle East to prepare for the future of energy   Dubai, United Arab Emirates 13 February 2018 —   Growing global diversification of the energy mix and an increased share of natural gas, renewables and electrification, is challenging conventional approaches and business models in the energy value chain. Oil rich nations have a window of opportunity to transform and be well positioned to benefit from this shifting global energy landscape, according ......read more

    Voting for Superbrands 2018 has commenced

    Brands to be recognized as Consumer Superbrands or Business Superbrands for this first time based on who their end customer is Dubai, UAE, February 11, 2018:   Superbrands, the independent authority and arbiter of branding, announced that the voting process to choose the brands in the UAE which will be recognised and honoured as a Superbrand 2018 has commenced. This year Superbrands has decided to segregate brands as Consumer Superbrands (the UAE’s strongest B2C brands) and Business Superbrands (the UAE’s strongest B2B brands) in order to recognize the relationship ......read more

    UAE Exchange Partners with Ripple for Instant Cross-Border Payments

    First global money transfer business in Middle East to offer real-time, seamless payment solutions by using blockchain technology  Dubai, 10 February 2018:   UAE Exchange, a leading global money transfer, foreign exchange and payment solutions brand, announced it has partnered with San Francisco-based Ripple to enable instant, seamless and real-time cross-border payments. This makes UAE Exchange the largest payment solutions provider in the Middle East to use Ripple’s blockchain technology to process payments globally in real time.   Through this ......read more

    World-renowned Air Sculpture Artist Daniel Wurtzel collaborates with LG PuriCare™ air purifier

    Strong air flow from LG Puricare™ air purifier allows the usage of the largest piece of fabric in a work-of-art by Daniel Wurtzel, by transforming ordinary materials into something extraordinary  DUBAI, UAE, 10 Feb 2018:  Betting on health-conscious products, besides focusing on premium products, such as smarter appliances with IoT functionalities for the upcoming phase of growth, LG Electronics is impressing the Air Solutions products segment with the newest, smart air solution for home – the LG PuriCare™ air purifier.  Using an innovative approach ......read more

    Decorate the home with United Furniture for the month of love

    Dubai, February 08, 2018:  United Furniture, a leading furniture and furnishings brand in the UAE, is celebrating the month of romance and love with its latest collection introduced in store. The wonderful and elegant collection aims to add to the love and create a thousand ways to express one’s feelings by transforming the home into a love filled space.  Commenting on the latest Valentine’s Day collection, Mr. Anup Ravindranath, Sales Director, United Furniture, said “Home is where we all come back to our loved ones. Our latest Valentine’s Day ......read more

    PAN Emirates opens its doors in Remal Mall, Al Ain

    PAN Emirates Home Furnishings opens its doors in Remal Mall, Al Ain PAN Emirates Home Furnishings showrooms in Dubai, Sharjah, Abu Dhabi, Al Ain, and Fujairah in the UAE. Dubai, UAE, February 07, 2018:  PAN Emirates Home Furnishings, a local label in luxurious indoor, patio and outdoor furniture that is sure to light up any living space, is proud to open its newest retail store at the Remal Mall, Al Ain. With the new store launch, PAN Emirates has an outreach of 10 stores across the country.    The ceremony saw the Owner and MD, Mr. Abdul Rahman AlShamsi, the ......read more

    Caparol Paints unveils new hues for 2018

    Forest Green takes top spot as ‘Colour of Year’; the distinctly elegant colour creates an interesting contrast along with bright and pastel hues   Dubai, February 06, 2018:   Walls speak a thousand words and convey powerful stories that expresses and reflects the personalities of those living there. Caparol Paints, a global leader in the paints industry has unveiled an avant-garde palette of colours and themes that tell the untold story of time as part of its colour trends for 2018.    Caparol has been a front-runner in colour trends and ......read more

    Al-Futtaim ACE Great Outdoor Event

    Dubai, February 05, 2018   WHAT: Great discounts to help you completely refurbish your outdoor spaces!   DESCRIPTION: From garden furniture to patio heaters, charcoal barbecues to garden hose sets, Al-Futtaim ACE is offering unbelievable discounts on its wide variety of Outdoor products. Make the best of the great weather with products designed to help you enjoy outdoors!   WHERE: Al-Futtaim ACE stores across the UAE  Dubai: Dubai Festival City, Sheikh Zayed Road and First Avenue Mall, Motor City  Abu Dhabi: Yas Island, Mina Road and Dalma ......read more

    Renish Group appoints new CEO for Southeast Asia to strengthen presence in the region

    February 05, 2018 – Industry experts are optimistic that the oil and gas storage industry in some key global markets is poised for significant increase driven by strong oil demand, vibrant logistics activity in the oil and gas, and robust international and domestic trade activities. The international oil storage sector is projected to rise at a compound annual growth rate of 4.2 per cent from 2017 to 2023 as per the report of the Allied Market Research firm. Southeast Asia is one of the leading global markets with considerable growth potential. According to the report by Aruvians ......read more

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