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
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
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
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
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
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, 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
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
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
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
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
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
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
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
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
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
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 Financial Results for First Quarter 2018
Q1 2018 (Million KD)
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
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
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
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
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
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 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
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
Where comfort meet elegance. The famous Link model, which received a masterful makeover in 2016, is presented today on a luxury version with a diamond bezel.
Dubai, UAE, January 2, 2018: Link. A design that dates back to 1987. Its defining feature is the immediately recognisable bracelet, boasting the signature S-shaped links. It is both an iconic design and a standard bearer in terms of ergonomics and wearer comfort.
True to its image as a luxury Swiss watchmaker, TAG Heuer presents today a new version, more luxurious, with a bezel fully set ......read more
Al Huzaifa Furniture has always leaded the pack when it comes to innovative home furnishings in the UAE, unveils its Beige Bateaux collection
Al Huzaifa Furniture is available in Abu Dhabi, Dubai and Sharjah.
Dubai, United Arab Emirates, January 2, 2018: Al Huzaifa Furniture, the luxury furnishings brand the nation relies on for elegant, timeless craftsmanship, presents its collection just in time for the holiday season, the Winter Wonderland. The collection of living hall collection includes 3-piece and 4-piece lounging and den sets set in creams, beiges, teals, blues that ......read more
Dubai – 30 December 2017: The cruise quay at Rashid Port received four cruise ships simultaneously on Friday 29th December: Aida Stilla, Main Chef 5, MSC Splendida and Coasta Mediterrania.
This is the first time the Port receives four cruise ships together in one day which confirms its readiness to meet the growing demand in the cruise tourism sector and the emirate’s plans to target a million cruise tourists by 2020.
A total of 21,411 tourists and 3,849 crew were on boards the ships.
The emirate of Dubai, turning into a major hub for cruise ......read more
AT&T, Ericsson, NTT DOCOMO, Orange, Qualcomm Technologies, SK Telecom, Sprint, Telstra, T-Mobile US, Verizon, and Vodafone demonstrate a multi-vendor interoperability connection compliant with the Non-Standalone (NSA) 5G New Radio (NR) global 3GPP standard
Live demonstrations showcased both sub-6 GHz and mmWave end-to-end 5G NR systems, using Ericsson’s 5G NR pre-commercial base stations and Qualcomm Technologies’ 5G NR UE prototypes
Demonstrations serve as a significant milestone toward standard-compliant trials and commercialization, as part of an ongoing ......read more
December 25, 2017 - Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, recently highlighted the district cooling guidelines for 2018, at the second consultants’ meet held in Dubai. The event was organised as part of a series of the similar events conducted by the company, aimed at educating on Empower’s practices about ‘Sub-metering’ and ‘ETS Room Guideline’ in district cooling, which also addressed the importance of provisions while master-designing projects and developments. These topics ......read more
Dubai, December 21, 2017: Home improvement and lifestyle store, Al-Futtaim ACE has opened its store at First Avenue Mall located in Motor City, Dubai. This brings the total number of stores to seven in the UAE: three each in Dubai and Abu Dhabi and one in Al Ain.
The new store, with a retail space of 6,768 sq. ft., offers a wide range of products from outdoor living, gardening, homeware, paint and décor, DIY, and automotive products.
The store will also offer a range of services including paint mixing, key cutting, and home delivery and installation.
“The new ......read more
Dubai, UAE; December 19, 2017: Elizabeth XVI bed and nightstand in cream and yellow gold colours from 2XL is majestic in appearance and adds a touch of royalty to the bedroom. The curved edges feature leaves and flower motifs in golden colour. The headboard of the bed is carved with ornate details and upholstered with button tufted luxurious fabric for smooth comfort.
According to Amit Yadav, Marketing Manager at 2XL, “Sophisticated and inviting, this collection will be a welcome addition to any master bedroom. Customers will love the glamour and elegance this imperial ......read more
Strengthening businesses between Hong Kong and the UAE
DUBAI - 18 December 2017: Hong Kong and the UAE have enjoyed robust bilateral trade relations on a range of products and services over the years. Adding to Hong Kong’s business advantages, the Hong Kong Trade Development Council (HKTDC) gathers the latest market intelligence and form partnerships to develop business for corporations, and organises more than 30 exhibitions every year to provide a one-stop sourcing platform for buyers and suppliers from both economies to develop their ......read more
December 17, 2017– Producing chilled water during off-peak hours and storing them for later use to cool buildings at peak time is one of the key energy efficiency drivers for Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider. Through Thermal Energy Storage (TES) technology, the district cooling company eases the power grid during peak hours and ensures consistent supply during periods when there is strong demand.
Dubai, as a global model for sustainable cities, has issued decree instructing district cooling companies ......read more
United Arab Emirates December 17, 2017: French company ARTS Energy, one of the world's leading battery manufacturers, will be presenting its new generation of nickel-metal hydride (Ni-MH) batteries for professional autonomous solar energy solutions and backup applications on January 15-18, 2018 at the WFES & IWS trade fair in Abu Dhabi (French Pavilion).
ARTS Energy's latest generation of Ni-MH batteries are exceptionally robust in very warm environments (up to 85°C) and boast a 10-year lifetime when used in outdoor applications in the Middle ......read more
PAN Emirates Home Furnishings participate in the big Warehouse Clearance
PAN Emirates Home Furnishings showrooms in Dubai, Sharjah, Abu Dhabi, Al Ain, and Fujairah in the UAE.
Dubai, UAE, December 17, 2017: PAN Emirates Home Furnishings, a local label in luxurious indoor, patio and outdoor furniture that is sure to light up any living space, exhibits the best of its collections at the Warehouse Clearance sale from the 14th to the 23rd of December in the wake of the holiday season. PAN Emirates gets festive with its week-long sale that offers exquisite interiors at knock-out ......read more
Dubai, UAE, December 17, 2017: United Furniture, a leading furniture and furnishings brand in the UAE, is all set to bring the celebratory spirit this festive season by introducing new furniture and décor pieces to the already vast collection. The new additions are specially designed to bring cheer and joy to any space.
Be it ones favourite cozy corner in the house, the kitchen, bedroom, or the most used spot, United Furniture has brought the perfect designs that will elevate the look of any corner. The collection at United Furniture echoes happy and cheerful tones in line with ......read more
Company reaffirms position at forefront of global sustainability efforts through joining The Climate Group's EP100, RE100 initiatives
Dubai, UAE: 13 December, 2017 – Schneider Electric, the leader in digital transformation of energy management and automation, has committed to obtaining 100 percent of its electricity from renewable sources and doubling its energy productivity. To achieve these objectives, the company intends to carry out a comprehensive optimization of its energy system.
The commitment is yet another step in Schneider ......read more
The Dh65 million furniture store looks to address import dependency
The three-floor hyper store located in Al Barsha, Dubai, is poised to become a modern homemaker’s paradise with abundance of choice and convenience
Company plans five more large-format retail outlets to spread the brand and address gap in the Dh65 billion home furnishing and interiors sector in the GCC
Dubai, UAE, December 13, 2017: ‘The Home’, a new home décor and furnishings brand, has launched it’s first-ever hyper store in the UAE at an exclusive function in Dubai, with an ......read more
Middle East sustains its position as a top global trading partner
The region records highest export growth in 2016 and 2017;
Dubai, UAE, 11 December 2017: The Middle East remains the world’s most important trading partner in the region despite a fall in oil prices, according to a report by World Trade Organisation (WTO). The report stated that the Middle Eastern countries recorded exports of US$ 765.8 billion and imports of US$ 665.2 billion in 2016. The region recorded the highest exports growth (+4 per cent), given its thriving air transport sector, tourism and ......read more
December 10, 2017- The UAE’s successful bid for Category B Membership under the International Maritime Organization (IMO) Council is a historic achievement and an important milestone in the country’s efforts to become one of the world's leading maritime centers. Today, the world's eyes are on the UAE, which has successfully outshone other major candidates to become the first Arab member to join the Category B body. It aims to further strengthen its global leadership by adding value to international shipping and trade with a focus on key pillars such as innovation and human ......read more
Under Patronage of HH Sheikh Ahmed bin Saeed Al Maktoum & During Transport Arabia Excellence Awards Organized by Dubai Airports
Ali Bin Beyat: “Our aim is to always be the leader in the industry following in the footsteps of our nation’s leadership that taught us to always aim to be number one.”
10 December 2017, Dubai - Allied Transport (ATC), the largest Emirati transportation & logistics solutions company in the UAE and region, was awarded “Most Innovative & Regulated Road Feeder Services of the Year” during the Transport Arabia ......read more
More than 30,000 delegates and attendees from up to 175 countries are expected to visit Abu Dhabi for WFES 2018
Events including Solar Expo, Energy Efficiency Expo and Energy Storage and Batteries Expo will showcase innovative solutions
WFES 2018 will also include the Climate Innovation Exchange (CLIX), which aims to match the world’s top “cleantech” entrepreneurs with investors to encourage technology that makes products and services more sustainable
10 December 2017, Abu Dhabi, UAE: The World Future Energy Summit (WFES), the top global event for ......read more
December 05, 2017 - Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, kicked off its Customer Satisfaction Survey (CSS) 2017-2018, the fourth edition of its efforts to measure the quality of its services and the happiness of its over 85,000 customers across Dubai. The company has been conducting customer surveys since 2008 to measure customers’ level of satisfaction to further enhance its operations and contribute towards sustainable development.
The survey will cover the company’s various customer segments ......read more
UAE, December 05 2017 - Arabia CSR Network, the Middle East region’s leading training service provider and think tank, announced that it will conduct a three-day training course on the new Global Reporting Initiative (GRI) Standards for Sustainability Reporting from December 12 to 14, 2017 in Dubai. The training also aims to raise awareness and spread the culture of Corporate Social Responsibility (CSR) and sustainability. Arabia CSR Network is a Certified Training Partner of GRI.
The accredited course content will be delivered through lectures, discussions, exercises and case ......read more
Regional pioneers bestowed posthumous honors for extraordinary contributions to petrochemicals industry
Dubai, United Arab Emirates, 29 November 2017 – The Gulf Petrochemicals and Chemicals Association (GPCA) honored pioneers of the chemicals and petrochemicals industry in the Arabian Gulf posthumously at the first-ever GPCA Legacy Award “Al-Rowad” (ÇáÑøæÇÏ) ceremony.
Families of the late Dr. Ghazi Al-Gosaibi (1940 – 2010), Yousuf Al-Shirawi (1927 – 2004) and Abdulbaqi Al-Nouri (1929 – 2010), who have been recognized as Arabian Gulf Chemical ......read more
IRENA’s 14th Council Meeting Begins in Abu Dhabi
Abu Dhabi, U.A.E., 29 November 2017: More than 350 government representatives from 115 countries — including Ministers and high-level officials — gathered today in Abu Dhabi to attend the 14th Council of the International Renewable Energy Agency (IRENA). At the outset of the meeting, the Council re-elected China as Chair of the meeting and Colombia as Vice-Chair.
The Council of IRENA meets twice annually to facilitate cooperation among Members, oversee implementation of the IRENA Work Programme and ......read more
UAE, November 28, 2017- In his opening statement during the 30th Ordinary General Assembly of the International Maritime Organization held in London, His Excellency (H.E.) Dr. Abdullah Belhaif Al Nuaimi, Minister of Infrastructure Development and Chairman of the Federal Transport Authority - Land and Maritime, expressed the UAE’s commitment to provide an ideal environment to further drive the growth of multinational marine companies, supported by its strategic geographic location situated along some of the busiest trade routes in the world. Speaking in the presence of His Excellency ......read more
Saudi Arabia’s Minister of Energy, Industry and Mineral Resources delivers inaugural address, urges industry-wide transformation and value creation
Dubai, United Arab Emirates, 28 November 2017 – The inaugural address at the 12th Annual GPCA Forum was delivered by H.E. Khalid A. Al-Falih, Minister of Energy, Industry and Mineral Resources, Saudi Arabia, who called for the industry to embrace rapid changes within the global energy landscape as an opportunity.
The Forum is taking place between 27-29 November 2017 at Madinat Jumeirah, Dubai, under the theme ......read more
At Big 5 Dubai 2017 DAB launches the world’s best energy-efficient water management solutions for urban development
Dubai, UAE, November 28, 2017: November 28, 2017: DAB Water Technology, an Italian frontrunner in the global water management industry, brings to Dubai a selection of wide line-up, focusing on those products that are of particular interest for the Middle East. The company’s presence at the Big 5 Dubai, taking place at Dubai World Trade Centre from November 26 to 29, is aimed at confirming DAB Pumps as a strong partner for the professionals of the ......read more
The UAE chemical industry has the highest contribution among all GCC states, accounting for 52% of manufacturing revenue
Dubai, United Arab Emirates, 28 November 2017 : Data released in a new report by the Gulf Petrochemicals and Chemicals Association (GPCA) has highlighted the role of the chemical industry in diversifying the regional economy and accelerating non-oil economic growth. According to the report, in 2016 the GCC chemical industry contributed around $43.8 billion to the GCC economy, equal to almost one third of manufacturing value added and 29% of ......read more
Dubai, November 27, 2017: Milano, a company having a decade of experience in design, production and distribution of sanitary ware and faucets in the global market under Danube Group is glad to announce its participation at one of the biggest and most credible construction show – The Big5. The show is from 26th until 29th November 2017 at World Trade Centre, Dubai. Milano stand is located in Hall No 3 A131 and RASHID A191. Adding more glitters to the event Milano launched and showcased an exciting array of products under its portfolio.
This year, Danube is placing a ......read more
November 26, 2017 - Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, urged the construction sector to be aware of its efforts to integrate sustainable practices to help create a more sustainable built environment as the Big 5, the largest construction event in the Middle East, takes place from November 26 to 29, 2017 at the Dubai World Trade Centre. Ahmad bin Shafar, CEO of Empower, underscored that implementing district cooling could help companies achieve energy efficiency and contribute to the region’s efforts to ......read more
Capacity building effort led by Masdar part of the ADFD-funded US$50 million UAE-Pacific Partnership Fund
Next workshop planned before IRENA General Assembly at Abu Dhabi Sustainability Week 2018
Abu Dhabi, UAE: 26 November 2017: The UAE Ministry of Foreign Affairs and International Cooperation (MoFAIC) has launched a two-year renewable energy training programme for Pacific Island countries financed by Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid. The training is being led by Masdar, Abu Dhabi’s renewable energy ......read more
Dubai, UAE, November 26, 2017: 2XL, the leading luxury furniture and home décor brand in the UAE, displayed the top five winning designs of its ‘I Love UAE’ National Day design competition at an event held at its Jumeirah store to honour the winners.
2XL received over 200 entries from various universities for the competition. Top three winners received gift vouchers worth AED 10,000, AED 5,000 and AED 3,000, respectively, while two other highly commended entries received AED 1,000 each.
The winners are:
Ayesha Mansool, ......read more
Canadian pipeline disruption sends WTI crude to a two-year high
Copper is being supported by a mining strikes in Peru and Chile
Gold gets a boost from a dovish FOMC and a stronger yen
Opec meeting on November 30 to determine the direction of oil
By Ole Hansen
A pipeline disruption is sending WTI crude oil to a two-year high, strike action in South America is supporting copper, a dovish FOMC and a stronger yen are supporting gold and a mild beginning to the US winter is sending natural gas lower. These are some of the key commodities driver currently ahead of the important ......read more
Sultan Bin Sulayem: Achieving another important step forward in supporting Smart Dubai initiative
Dubai, UAE, 25 November 2017: Dubai Trade, the single window for cross-border trade and a DP World company, has implemented the ISO 18295-1:2017 standard in its Customer Contact Centre. It is one of the first organisations in the world to implement the standard which was launched in July detailing the service requirements for such facilities and complements Dubai Trade’s integrated electronic and smart platforms on its portal www.dubaitrade.ae and its smart ......read more
402MW Dudgeon Offshore Wind Farm now supplying 410,000 UK homes, displacing 893,000 tonnes of carbon dioxide annually
Flagship project delivered ahead of schedule; significant cost efficiencies achieved
Abu Dhabi Future Energy Company a 35% shareholder in Dudgeon alongside Statoil (35%) and Statkraft (30%)
Dubai, UAE, November 23, 2017: Masdar, Abu Dhabi Future Energy Company, today inaugurated its third wind farm in the United Kingdom, bringing the combined power generating capacity of all three projects to 1 gigawatt (GW) – enough clean energy to supply nearly ......read more
Visit the IKEA exhibition at the heart of Dubai Design Week, inspiring celebration and play
Dubai, UAE, November 22, 2017: IKEA, the much-loved Swedish home furnishing retailer, has created a grand exhibition, inspired by a magical playhouse fantasia, which is now open to the public at Dubai Design District. Kicking off Dubai Design Week on November 14th and open until November 25th, visitors will be taken on a journey from wishing trees to topsy turvy illusions.
Whether children or adults, IKEA wants to remind the nation of the little things in life that matter, that ......read more
Boecher participated in Gulfood Manufacturing 2017, during which GoDubai had a chat with Mr. Abdulhadi Chalak, Country Manager – UAE, Boecker Public Health.
Q. What are the latest technological innovations by Boecker?
A. Boecker® is committed to bring the best solutions from around the world to our communities’ doorsteps and we are continuously working to develop and launch innovative products. Recently, we introduced in the UAE market our innovative bird control solution; an advanced laser based technology. Moreover, Boecker® has ......read more
UAE, November 21, 2017 - H.E. Dr. Abdulla Belhaif Al Nuaimi, Minister of Infrastructure Development and Chairman of the FTA - Land and Maritime revealed the UAE's readiness for the coming election of new members for the Council of the International Maritime Organization (IMO). The Minister expressed his confidence in the vital and effective role that the country can play once it becomes a Category B member of the IMO Council. Al Nuaimi's statement was made at the final coordination meeting of the UAE delegation held today (Tuesday, November 21, 2017).
During the meeting, attendees ......read more
Also collects awards for start-up support, R&D investment and facilities upgrades
Abu Dhabi, United Arab Emirates; November 21, 2017: Masdar City has been named “Best Free Zone for Start Up Support” by the Financial Times and has collected three other prestigious global awards.
The Global Free Zone of the Year Awards hosted by the FT’s fDi Magazine are among the most high-profile awards in the free zone sector, with approximately 65 free zones entering this year’s competition. This is Masdar City’s second consecutive year ......read more
Dubai, UAE; November 21, 2017: UAE’s leading luxury furniture and home décor brand 2XL’s Prague tufted sofa set reminds one of the bygone eras. Its soft hues render a harmonious atmosphere to the living room. Hand-finishing tufted buttons accentuate the design of the sofa and each roll arm is punctuated with multiple buttons, adding to its elegance. A pair of solid front legs finish in classic walnut and antique glaze.
The coffee table in the collection features a modern design with merging rectangles.
According to Amit Yadav, Marketing Manager, 2XL: ......read more
The Hydrogen Council reveals first-of-a-kind study showing hydrogen’s contribution as a key pillar of the energy transition
Dubai, United Arab Emirates, November 21, 2017: As global leaders gathered at COP23 in Bonn, Germany, 18 key leaders in their industry verticals, united in the Hydrogen Council coalition, came together to launch first-ever globally quantified vision of the role of hydrogen, developed with support from McKinsey & Company. In addition to being a key pillar in the energy transition, the study shows that hydrogen has the potential to generate US$2.5 ......read more
Dubai, UAE, November 21, 2017: Milano, an Italian company having a decade of experience in design, production and distribution of sanitary ware and faucets in the global market under Danube Group celebrated its 10th anniversary at JW Marriott Marquis hotel, Dubai on 17th of November 2017. Present on the occasion was Mr.Rizwan Sajan – Chairman and Founder Danube Group, Mr. Anis Sajan - Managing Director Danube group, dealers of the brand and other senior management of the group.
To mark this milestone, Milano organized its annual dealers meet and gave a ......read more
Dubai, UAE, November 21, 2017: Buying Christmas decorations for John Lewis must be one of the best jobs in the world. We are always developing new ideas to excite our customers, and this year we have travelled the world to bring together seven brand new decoration themes. Each of our themes is inspired by the fables and traditions of a particular country or region – Folklore takes its cue from Eastern European traditions, whilst Winter Palace tells the story of Russia’s Father Frost and his helper, the Snow Maiden. Being a lover of the great outdoors, my favourite theme this ......read more
Quantum Eurostar, a leading accredited ESCO in the UAE, has signed an agreement with Etihad ESCO, the energy efficiency and saving arm of the Dubai Electricity and Water Authority.
Dubai- November 21, 2017: Quantum Eurostar Energy Solutions Company (QESCO), a leading accredited ESCO in the UAE, announced ESCO projects in the UAE to undertake innovative energy management solutions projects. QESCO is a joint venture between the EUROSTAR Group, the leading technology innovator in the Middle East and Quantum, an Italian Energy Expert Company.
QESCO has also signed a major eight-year ......read more
Dubai Maritime City Authority (DMCA) celebrated an Emirati achievement across the international maritime industry and extended its congratulations to Saeed Al Malik who has been elected as the new Chairman of the International Shipsuppliers & Services Association (ISSA). Winning by a unanimous number of votes, Al Malik is the first Arab national to hold the ISSA's top post. He will replace the incumbent Chairman, Singaporean Abdul Hamid Al Hajji, and will serve for three years beginning in 2018. Al Malik's victory represents a strong push in the UAE's candidacy for Category B ......read more
Mina Rashid to harbor 5,000 luxury yachts and boats
Dubai – 20 November 2017: His Highness Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum inaugurated today the new Mina Rashid Marina: “Marinas” which will harbor 5,000 yachts and boats and will accommodate 20,000 in the next few years. It is expected to be a new world class touristic maritime and entertainment attraction.
The project, which is carried out by P&O, part of DP World, stretches over 13 square kms and features a number of facilities including an integrated entertainment city: Marina ......read more
40 new brands including Siemens, SMEG, Gaggenau, Zanussi, Wolf Power and Terim will be among key offerings at Better Life
Dubai, UAE (November 19, 2017): Better Life, one of the leading home appliance retailers in the UAE and a division of the Easa Saleh Al Gurg Group LLC today announced the launch of an ambitious new retail strategy focused on kitchen appliances to offer a wide variety of options to consumers that meet the requirements of contemporary UAE lifestyles. The strategy aims to provide greater convenience to customers while enhancing the overall look and feel of their ......read more
Dubai, UAE, November 18, 2017: The quest for energy efficiency and ecologically friendly lighting solutions is set to drive demand for green lighting products in the Middle East. These trends are increasingly evident in the build up to Light Middle East 2017, where global lighting majors target the lucrative green lighting market.
The leading trade, networking and business generating event for the lighting design and technology industry in the region, Light Middle East returns to Dubai, larger and more representative than ever before. Organisers Messe Frankfurt Middle East, are ......read more
ADFD concessional loans will fund transformative renewable energy projects in developing countries
Abu Dhabi, UAE, 16 November 2017: The International Renewable Energy Agency (IRENA), in partnership with the Abu Dhabi Fund for Development (ADFD), is inviting applications for renewable energy projects in developing countries. Within the framework of the ADFD-funded US$350 million (AED1.285 billion) IRENA/ADFD Project Facility, the current funding round of US$50 million in concessional loans marks the sixth of seven annual cycles.
“In just the last few years, renewable energy ......read more
Company Showcases Latest EcoStruxure™ for Oil and Gas Solutions at Booth No. 4250, Hall 4 at Abu Dhabi National Exhibition Centre
Dubai, UAE, November 16, 2017: Real-time data captured from the field and conveyed to the cloud via sensors and analytical engines can impact the profitability of entire oil and gas (O&G) businesses. Building around this concept, Schneider Electric, the global specialist in energy management and automation, is marking its seventh outing at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2017, the definitive event ......read more
Abu Dhabi, UAE – 16 November 2017: His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler's Representative in the Al Dhafra Region, visited the Barakah Nuclear Energy Plant to witness the latest construction milestones and receive a briefing on progress of the UAE Peaceful Nuclear Energy Program. His Highness Sheikh Hamdan was hosted by His Excellency Khaldoon Al Mubarak, Chairman of the Board of Directors of the Emirates Nuclear Energy Corporation (ENEC). H.E. Major General Mohammed Khalfan Al Romaithi, Commander-in-Chief of Abu Dhabi Police and a Member of the Executive ......read more
The UAE has typically been a country which has benefitted from extracting and selling its ample oil supplies, which has led to it becoming incredibly wealthy as a result. Now, however, the UAE is looking to diversify its economy away from purely oil based, and is exploring other areas in which it could excel. Here are some of the ways the UAE may be affected by this.
Collapsing Oil Prices
The huge collapse in oil prices due to a massive global oversupply has been well documented, and has been one of the main reasons UAE countries are pursuing alternative economic strategies. It was just ......read more