Single lever mixer, thermostat or SmartControl – the right solution for everyone
Less installation effort, more shower options
New designs and colours set highlights in the bathroom
United Arab Emirates, Dubai, 10 December 2018. Space is often limited making it very valuable. Flush-mounted installations provide more space in the shower without sacrificing functionality or comfort. They also offer additional practical advantages: cleaning is quicker and more convenient. With its concealed installation, the new GROHE Rapido SmartBox not only offers more space in the shower, but also allows a higher degree of flexibility as well as a high scope of planning and installation security. The extensive selection of fittings in various designs, shapes, colours and finishes makes the bathroom shine with an individual ......read more
The Group will present innovative solutions to fight climate change in Katowice
Schneider Electric’s experts & leaders will actively participate at COP24
Dubai, UAE, December 10, 2018: At a time when the latest IPCC report calls for urgent action to fight climate change, Schneider Electric, the leader in digital transformation of energy management and automation, is accelerating its contribution to meeting the United Nations’ Sustainable Development Goals. To mark the occasion of COP24 in Katowice (Poland), from December 3 to 14, 2018, Schneider Electric is strengthening its commitments to become carbon neutral by 2030 using solutions that will help accelerate the transition towards a low carbon economy.
Carbon neutral by 2030
“The climate emergency is growing, and new players are ......read more
Abu Dhabi, 10 December 2018: Mubadala Petroleum announces that it has completed the acquisition from Italy’s Eni of a 20 percent participating interest in the Nour North Sinai Offshore Area (”Nour”) concession, an offshore exploration block in Egypt.
In the concession, which is in participation with Egyptian Natural Gas Holding Company (EGAS), Eni as operator through its subsidiary, IEOC, now holds a 40 percent interest. The other partners in the concession are BP with 25 percent interest and Tharwa Petroleum Company with 15 percent interest.
Dr. Bakheet Al Katheeri, Chief Executive Officer, Mubadala Petroleum signed a deed with Eni completing the sale to Mubadala Petroleum in the presence of the Egyptian Minister of Petroleum, H.E. Tarek El Molla, in Sharm El Sheikh.
Dr. Al ......read more
As the Solar Decathlon Middle East 2018 comes to an end, German bathroom brand sponsor hansgrohe – and its regional partner ITC – say the future is looking brighter for protecting the environment
09 December 2018, Dubai, UAE: Solar energy could one day supply most of the world’s energy needs, but it is crucial that individual countries invest in the next generation of innovators to make that happen.
As always, the UAE has been leading the way in pioneering new technology and new thinking. The just concluded Solar Decathlon Middle East 2018 (SDME), hosted by DEWA in collaboration with the US Department of Energy Dubai, was an intriguing competition that challenged students from various international universities to design and build a 150 square metre residential house that is entirely ......read more
By Ole S Hansen, Head of Commodity Strategy at Saxo Bank
Dubai, UAE, December 09, 2018: Commodities received a late boost after the Opec+ group managed to agree to a decent output cut; gold, meanwhile, received a bid following a weak US jobs report. The market’s overall focus stayed with the US-China trade war and the increased prospect of a US slowdown.
Commodities found a bid on Friday to finish the week higher after the Opec+ group – following 24 hours of negotiations – agreed to a production cut large enough to support the market. Gold, meanwhile, traded above $1,240/oz in response to a weaker than expected US nonfarm payrolls report.
Until Friday, the market had been struggling amid continued worries about the economic impact of the ongoing trade war. US and global stock markets gyrated wildly ......read more
Dubai welcomes 25,000 cruise tourists in one day, with the arrivals of cruise ships Marella Discovery, Aida Prima, MSC Splendida, Horizon and Celebrity Constellation
Cruise Ships Marella Discovery, Aida Prima and Horizon mark their maiden call to Dubai
Pullmantur Cruise Line marks its debut in the region with the maiden call of Cruise Ship Horizon
Dubai, UAE; 09 December 2018: Port Rashid received five international cruise liners at the Dubai Cruise Terminal on a single day, marking a historic milestone during the 2018/2019 season. The cruise lines originating from UK, USA, Germany, Italy and Spain brought in over 25,000 tourists. The milestone event forms part of the ongoing efforts of the recently formed Dubai Cruise Committee to raise the profile of Dubai as a leading destination for winter sun ......read more
Festive gift ideas for all interior lovers in the region
Dubai, UAE, December 04, 2018: Those who appreciate good design can be a tricky bunch to purchase festive gifts for as they have the most stylish homes that look like they’re straight out of a lifestyle magazine and certainly have a great eye for interior design. If you have a loved one or friend with a passion for home décor that has you stumped for gift ideas, then fear not as Home and Soul Dubai, the unique lifestyle retail concept store, has you covered with a huge array of options you can choose from this season.
Founded and curated by Carol and Wael Sukkar, Home and Soul Dubai is a true ‘hidden gem’ found in leafy Jumeirah. Selling beautiful homewear, interior pieces, plants, gorgeous items for your kids, fashion and jewellery brands and its very ......read more
Dubai, UAE, December 01, 2018: Mr Rizwan Sajan, Founder and Chairman of Danube Group hosted the bollywood heart-throb Kartik Aaryan of Pyaar ka Punchnama and Sonu ke Titu ki Sweety at his lavish villa located at Emirates Hills on 30th November for a private meet and greet with select press, family and a few friends.
The rising star was in Dubai to support his favorite team Bengal Tigers, for the action packed cricket dhamaka during the T10 league at the iconic Sharjah stadium. Kartik cheered for the team and wowed the well- heeled guest list in Dubai along with the members of the press.
Founder and Chairman Danube Group Mr Rizwan Sajan said: “I am super thrilled to host the rising star of Bollywood Kartik Aaryan. He is definitely one of the Bollywood's brightest stars and holds immense potential to grow. ......read more
Dubai, UAE, December 01, 2018: According to ICAEW’s latest Economic Insight report, economic recovery in the Middle East is slowly gathering momentum after last year’s slump, when economic growth slowed to an eight-year low at only 0.9%. Overall, the Middle East’s GDP is expected to grow to 2.3% in 2018, though growth remains below the 2010-2016 average of 3.9%. The accountancy and finance body says oil continues to dominate and shape the macroeconomic outlook for Middle Eastern economies, despite major economic diversification efforts.
Economic Insight: Middle East Q4 2018, produced by Oxford Economics, says the same factors that slowed down economic growth in 2017 are now contributing to the overall economic recovery. Oil prices have hit their highest levels since the end of November 2014 in recent weeks at ......read more
Dubai, UAE, November 28, 2018: According to ICAEW’s latest Economic Insight report, the economic outlook for UAE is set to accelerate to 2% this year, up from the eight-year low of 0.8% in 2017, supported by rising oil prices, regional economic recovery, higher public spending and investment and a gradual build-up in business momentum. The accountancy and finance body says the non-oil sector, which represents close to 70% of the UAE’s economy, is driving the country’s economic growth this year.
Economic Insight: Middle East Q4 2018, produced by Oxford Economics, says the oil sector is expected to remain a drag on growth in 2018, as overall production has remained limited in the first half of 2018 at an average of 2.85 million barrels per day, down by almost 2% from the average of 2.91 million barrels per day in ......read more
Dubai,United Arab Emirates,28 November 2018: After a twelve year retail reign in The Dubai Mall, home interiors and festive decor store Irony Home are here to kick - start the festive season, launching their first Christmas pop -up store in collaboration with The Lime Tree Cafe and Kitchen.
Founded by Rima Dardenne, Irony Home closed their doors at The Dubai Mall and made the bold move to online store, launching their e-commerce platform ironyhome.com. The collaboration at The Lime Tree Cafe will be the first time Rima brings to life her magical Christmas Wonderland, outside of The Dubai Mall.
“Pop-up stores are taking over the retail world. Pop -ups are the perfect avenue for online stores to make a “flash” appearance and reach customers they could not reach before. These stores are used to ......read more
28th November 2018, Dubai, UAE: Dubai Carbon has enabled yet another key energy player to enter the UAE renewable energy market, following the signing of an agreement with energy experts PLC System S.r.l.
Mr. Francesco Esposito, Sole Director of PLC System S.r.l signed a joint venture agreement with the CEO of Dubai Carbon, Mr. Ivano Iannelli signaling the increasing growth of Dubai Carbon’s portfolio of renewable energy partners, strengthening their position as the region’s renewable energy experts, and supporting the U.A.E.’s commitment towards a greener economy.
The partnership between the two leaders in the renewable energy market will enable access to advanced systems required to generate renewable energy and in turn achieve the stringent targets set out in Dubai’s Clean Energy ......read more
At Big 5 Dubai 2018, DAB launches the world’s best energy-efficient water management solutions for urban development
DUBAI - November 27, 2018: DAB Water Technology, an Italian frontrunner in the global water management industry, brings to Dubai a range of solutions utilising the advantages of renewable energy for urban development. At Big 5 Dubai 2018, taking place from November 26 to 29 at Dubai World Trade Centre, DAB introduces a range of solutions, focused on innovation, digitalisation and safety of people.
DAB is among a few water technology solution providers globally to offer a comprehensive range with more than 2,000 products. DAB produces over three million pumps per year catering mainly to residential, commercial, and agricultural irrigation sectors. DAB offers energy-saving Italian technologies, ......read more
The award aims to recognise best practices in energy efficiency to enhance constructive contribution to a sustainable future
Dubai, UAE, November 27, 2018: Under the patronage of HH Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, the Dubai Supreme Council of Energy (DSCE) unveiled the fourth edition of Emirates Energy Award (EEA) - 2020 at a press conference held at Fairmont – Amman, Jordan on 27th November. The DSCE’s move comes as part of its goals and promotion plans.
The press conference was attended by high-ranking officials from the Ministry of Energy and Mineral Resources, Jordan, HE Mattar Saif Al Shamsi, the UAE ambassador to Jordan, HE Ahmad Buti Al Muhairbi, Secretary General of the Dubai Supreme Council of Energy (DSCE), and Vice Chairman of the ......read more
Come share your pledge and get the chance to win
Pan Emirates gives back on the 47th UAE National Day
PAN Emirates Home Furnishings showrooms in Dubai, Sharjah, Abu Dhabi, Al Ain, and Fujairah in the UAE.
Dubai, UAE, November 27, 2018: PAN Emirates Home Furnishings, the leading home-grown indoor, patio, and outdoor furniture brand in the region, is a proud home-grown brand. To celebrate the 47th National Day of the UAE, we are giving shoppers the opportunity to show their love and support for the country through us.
Our pledge is to serve our customers better for years to come. We invite you to come and pledge to build a better future tomorrow. Share your ideas on how you will contribute to make your surroundings better, and stand a chance to win with Pan Emirates. The best 10 pledges will win ......read more
10% stake in Ghasha Concession in Abu Dhabi
Close partnership with ADNOC: 40 years term concession
Investments running into the billions in the growth region in the Arabian Gulf
Abu Dhabi, November 26, 2018: Wintershall will invest in one of the world’s most important centers for oil and gas production: The company will take a ten percent stake in the Ghasha Concession alongside the Abu Dhabi National Oil Company (ADNOC) in the United Arab Emirates. The Hail, Ghasha, Dalma and other ultra-sour gas and condensate fields such as Nasr, SARB and Mubarraz are located in the Al Dhafra region off the coast of the Emirate of Abu Dhabi.
His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO, as well as Mario Mehren, CEO of Wintershall, have now signed a ......read more
Wintershall awarded 10 percent concession share in the Ghasha offshore sour gas mega-project, marking the first time a German oil and gas company joins an ADNOC concession
Concession agreement will give ADNOC access to world-leading sour gas technology
Project contributes to ADNOC’s In-Country Value program and is expected to produce more than 1.5 billion cubic feet of gas per day
Announcement builds on momentum generated by the Supreme Petroleum Council’s approval of ADNOC’s new integrated gas strategy
Abu Dhabi, United Arab Emirates – November 26, 2018: The Abu Dhabi Government and the Abu Dhabi National Oil Company (ADNOC) have added Wintershall Holding GmbH to the Ghasha ultra-sour gas mega-project with a 10 percent stake. The Ghasha concession consists of the Hail, Ghasha, Dalma and other ......read more
Dubai, UAE, November 22, 2018: EDF, the world-leading nuclear operator, and Nawah Energy Company (Nawah), the subsidiary of the Emirates Nuclear Energy Corporation (ENEC) that is mandated to operate and maintain the Barakah Nuclear Energy Plant, signed a long-term framework agreement whereby EDF will provide a range of services to support Nawah in operating and maintaining the Barakah Plant, the first nuclear energy plant in the Arab World.
With more than 50 years of nuclear experience and acclaimed expertise in supporting newcomer countries, EDF will provide Nawah with services in a number of areas including operational safety, radiation protection, fuel-cycle management and environmental monitoring. The EDF Group will provide expertise in the form of engineering studies, on-site support, training and benchmarking ......read more
DUBAI, United Arab Emirates – 22 November 2018 – Schneider Electric, the leader in digital transformation of energy management and automation, has announced a partnership with Verger Delporte to become a Certified Reseller and EcoStruxure Advisor to support innovation in franchised panel building in electric facilities.
This Christmas, add a touch of sparkle and magic to your home with John Lewis’s biggest and most colourful range of festive decorations to date!
Dubai, UAE, November 21, 2018: Transform your home into a Winter Wonderland and fire up your festive spirit with the new selection of Christmas decorations by John Lewis, available exclusively at Robinsons, Dubai Festival City Mall. The new John Lewis Home Christmas collection will add a touch of luxury and elegance to any home, bringing life to the holiday season.
Featuring four festive colour palettes of Amber & Gold, Moonstone, Emerald and Ruby, choose from a selection of beautiful baubles, tinsel, festive wreaths and stunning accessories to create the perfect cosy winter atmosphere at home. From ornaments to stockings, decorative wreaths, garlands, place settings ......read more
The sensational Mahira Khan graced the occasion
Danube Home employees a robot as a staff
Dubai, UAE, November 21, 2018: In keeping with its commitment to offer its customers an unmatched home improvement experience and in line with its vision to expand its presence in the United Arab Emirates, the region’s leading home interior solutions brand Danube Home recently launched its biggest multi-level Showroom at Umm Suqueim street, Al Barsha Dubai. The showroom is spread across 100, 000 sq feet area and is the largest retail showroom of the region. Present on the occasion was the bold and beautiful actor Mahira Khan, Chairman and founder Mr Rizwan Sajan, Director Danube Group Mr Adel Sajan along, MD Danube Group Mr Anis Sajan along with other senior management of the group.
The group has invested AED 100 ......read more
Dubai, UAE, November 21, 2018: Save the date and head to your favorite DANUBE HOME for a Super Sale Weekend of buying spree from 22-24 November. Over 1000 of products to choose from, the brand offers the shoppers with an unbelievable discounts and amazing deals with up to 80% off on furniture, Garden, Home ware ,Home décor ,chandeliers , Tiles and much more.
Danube Home showroom on Sheikh Zayed Road, Al Barsha , Dubai Festival City , Sharjah, Abu Dhabi Mussaffah & Mushriff Mall will reduce prices on a wide variety of categories, giving shopper’s infinite opportunities to shop - and save !
With Festive season around the corner, long weekends and travel plan, Danube Home provides right pick for travel gifts for friends and family and all at a snip of the regular price.
Dubai, UAE, November 21, 2018: DC Aviation Al-Futtaim (DCAF) was awarded Fixed Base Operator (FBO) of the Year 2018 at the Transport and Logistics Middle East Excellence Awards 2018, held recently in Dubai.
The awards were hosted by Dubai Airports and DP World and was attended by representatives from the government and private sectors in transportation, aviation and logistics. According to the organizers, DCAF was given the award due to the company’s efficiency, smoothness of process and response time, as well as offering an all-around brilliant consultancy service that factors in the needs of the modern customer. Other factors which were considered included exceptional readiness, reliability, flexibility and safety offering a genuine service without compromise.
Holger Ostheimer, Managing Director, DC ......read more
Dubai, November 21, 2018: Al-Futtaim ACE stores in the UAE are gearing up to offer massive deals with up to 75% off on selected items across all categories.
The offer is valid on selected items across all categories and customers can take advantage of the exciting deals ahead of the upcoming National Day and festive season. With a wide range of product lines to choose from, and the highest quality promised, this sale marks the best time to shop at Al-Futtaim ACE.
The offers are valid on all leading brands including Makita, Black & Decker, Karcher, Homeworks and more. The promotion is valid on a selection of products from Outdoor Lifestyle, Gardening, Home Living, Paint & Décor, DIY, Automotive and Pet care products.
Details of the event:
Event: Al-Futtaim ACE Price Crash Sale 25% - 75% off on ......read more
Dubai, UAE, November 20, 2018: Kittysnip, a Dubai-based animal welfare group, has organised a pet adoption day, this weekend and next week, to re-home abandoned and vulnerable cats and kittens who have been found neglected or injured.
Come and meet a number of spayed, neutered and fully vaccinated cats and kittens looking for their forever home and a companion for life.
11am to 5pm every Friday throughout November at the Dubai Garden Centre (Sheikh Zayed Road Exit 40), 11am to 5pm on Friday 23 at The Pet Shop, Al Quoz and 10.30am-4.30pm on Saturday 24th at The Courtyard. Adoption fees apply.
At the Democratic Design Days in Älmhult, IKEA announces new commitments to inspire and enable sustainable living - making it easier for people to reduce their climate impact and contribute to a world without waste.
Dubai, UAE, June 7, 2018: “Our ambition is to become people and planet positive by 2030 while growing the IKEA business. Through our size and reach we have the opportunity to inspire and enable more than one billion people to live better lives, within the limits of the planet” says Inter IKEA Group CEO, Torbjörn Lööf. ......read more
Renewable energy continues to attract an increasing share of global investment, with annual investments expected to grow by $130 billion, compared to 2016 figures, reaching around $370 billion in 2020.
Developing countries now account for almost half of all renewables investment, although to date there has been modest investment in the GCC
Investment in GCC renewable energy could reach $16 billion in 2020 with a cumulative total of $40 billion between 2016 and 2020, provided the correct decisions and policies are adopted
The GCC countries have considerable potential for ......read more
Gulf Craft has appointed Gregory Yeakle to be their new Chief Executive Officer. One of the world’s largest luxury ship builders, Gulf Craft is based in the United Arab Emirates. The group has grown into a leading global business over the course of the past 37 years. He succeeds Erwin Bamps who held the position for the past 4 years and has now moved on to a new role as advisor to the board for international matters.
Gregory Yeakle joins Gulf Craft as CEO with a solid record of leadership having generated strong growth in companies such as Informix, Alexander Proudfoot Company and ......read more
By Ole S Hansen, Head of Commodity Strategy at Saxo Bank
Dubai, UAE, June 3, 2018: Commodities traded lower this past week with losses being led by the energy sector while both the metals and agriculture sectors were mixed. Impacting commodities both directly and indirectly were the unfolding political crises in both Spain and Italy, together with Donald Trump’s decision to slap duties on imports of steel and aluminium from US allies while also preparing a range of tariffs on goods from China.
Both events helped increase stock market volatility while sending core bond ......read more
Dubai, UAE, June 2, 2018: The Logistics District at Dubai South has launched Masary, a new smart electronic system that reduces the transit time of goods and vehicles. The new system is considered the first of its kind in the region and will positively impact the traffic of goods and vehicles that move through the district.
The Masary system is part of the district’s efforts to adopt new technologies to facilitate businesses, which is in line with Dubai’s government policy on digital transformation that aims to enhance the emirate’s status as a leading logistics ......read more
Q1 2018 Revenues Increase 14% to US$66 million
Dubai, UAE, Wednesday 31 May 2018: Topaz Energy and Marine (“Topaz”), a leading offshore support vessel and marine logistics company, today announces its results for the three months ended 31 March 2018 (“the period”).
Dubai, UAE, May 30, 2018: ZAJEL, one of the fastest growing courier companies in the UAE, has signed a partnership agreement with OnTime Government Services to provide logistics services to various transactions at the OnTime centres.
The agreement was signed by ZAJEL CEO, Khawla Kabanji, and Waleid Abdulkareim, CEO and Founder of OnTime Group.
Khawla commented: “The agreement is important for us as it contributes to the expansion of the logistics we provide to our customers and enhances our role as a reliable company both locally and internationally. This agreement will ......read more
Dubai, UAE, May 30, 2018: One of UPS’s 747 jumbo jets dedicated for long-haul international use is sporting a modified paint scheme highlighting the company’s role as official logistics partner for Expo 2020 Dubai. UPS has only modified the livery of an aircraft four other times in the airline’s 30-year history. Each of those times signifies a major news event – this time, it’s to mark UPS’s unique role in delivering one of the world’s most complex logistics challenges at the upcoming Expo 2020 Dubai. Millions of visitors from around the world ......read more
Dubai, UAE, May 29, 2018: The International Fund for Animal Welfare (IFAW) is visiting the schools in the UAE to raise awareness on the importance of animal welfare through lively and interactive context-related presentations and activities.
The activity aims to address the negative impacts of raising wild animals as exotic pets, which is practiced in some of the Arab countries, and explains the difference between Animal Welfare and Animal Rights - teaching the students on ways to assess the welfare of the animals at home, community, or even in the wild. The program is outlined ......read more
May 29, 2018; Dubai, UAE: The act of giving is highly treasured in the UAE, and Ramadan enhances the giving spirit. Keeping the same spirit in my mind, Danube Group the UAE's largest diversified conglomerate is offering 100,000 free iftar meals during Ramadan from last 13 years to the underprivileged labourers as part of its humanitarian initiative.
The yearly initiative has been a huge success among the blue-collar workers, whose hard work often goes unnoticed, despite their diligent performance of duties while adhering to religious obligations. Additionally to fulfil one of the ......read more
PAN Emirates invests AED 4 Million on its new store spanning across 17, 000 sq. ft.
PAN Emirates Mizhar store is looking to reach out to residents of neighbouring localities with its distinct, stylish furnishing collection.
Dubai, United Arab Emirates – May 28, 2018: PAN Emirates Home Furnishings, the leading home-grown indoor, patio and outdoor furniture brand in the region, has launched a new store in Mizhar. The store that was officially launched on 27th May 2018 is its 11th store in the UAE.
The home-grown furniture brand is looking to enhance its presence in the ......read more
New facilities are located in Industrial City of Abu Dhabi and Rusayl Industrial Estate
Dubai, UAE; May 28, 2018: Tristar Group has opened two new facilities aimed at enhancing its integrated logistics services to the downstream petroleum industry in the GCC.
The new truck staging and workshop facility at Industrial City in Abu Dhabi 2 (ICAD 2) has 50,000 square meters of area offering tailor-made logistics service options to customers for transport, warehousing, storage and distribution services. It is strategically located near Khalifa Port, and the main highway ......read more
Dubai, UAE – May 28, 2018 – Mimecast Limited (NASDAQ: MIME), a leading email and data security company, has appointed Jeff Ogden as general manager for the Middle East. In his new role, Jeff will oversee the company’s UAE operations and growth in the region, and will be responsible for educating organisations about evolving cyberattacks and how to build a cyber resilience strategy for email.
Jeff has been working in technology for over 35 years, 17 of which have been in IT security. Under Jeff’s leadership, Mimecast will continue to build a strong and loyal channel ......read more
All efforts focused on preparations for safety-led nuclear operations of the UAE’s first nuclear reactor in accordance with the highest standards of a nuclear safety culture and quality assurance
Comprehensive schedule review points to start-up of nuclear operations for Unit 1 between the end of 2019 and early 2020
Abu Dhabi, UAE – 26 May 2018: Nawah Energy Company (Nawah), the operator of the Barakah Nuclear Energy Plant in the Al Dhafra Region of Abu Dhabi, has entered the next phase of preparation for nuclear operations. With construction of ......read more
Dubai, United Arab Emirates, 26 May 2018: DP World, UAE Region’s flagship Jebel Ali Port has underlined its position as the leading port in the region by winning the “Best Seaport – Middle East” award at this year’s Asian Freight, Logistics and Supply Chain Awards in Shanghai, China.
This is the 24th consecutive year Jebel Ali Port has won the coveted honour, a record achievement in the history of AFLAS Awards.
The award was received by DP World Officials at a ceremony attended by leading businesses in the maritime transportation, supply chain and ......read more
Dubai, UAE, May 24, 2018: The Russian Direct Investment Fund (RDIF, the sovereign wealth fund of Russia) and Mubadala Petroleum, the UAE-based leading oil and gas exploration and production company, announce the creation of a joint venture with PJSC Gazprom Neft to develop several oil fields in the Tomsk and Omsk regions. RDIF and Mubadala Petroleum will acquire a 49 percent equity stake in LLC Gazpromneft-Vostok, the operator of the fields. Mubadala Petroleum will hold a 44 percent interest and RDIF will hold the remaining 5 percent interest. Completion of the transaction is subject to ......read more
May 24, 2018 – NetApp (NASDAQ: NTAP) today reported financial results for the fourth quarter and fiscal year 2018, ended April 27, 2018.
“The fourth quarter marked a great finish to a strong year. We successfully pivoted to the growth areas of the market, expanded our opportunity with HCI and new cloud partnerships, and improved operational discipline to deliver sustained and profitable growth,” said George Kurian, chief executive officer. “Clear innovation leadership, coupled with strong go-to-market execution, has enabled us to gain share in all key product ......read more
The partnership is a testament to the synergy of core values DHL Express and Mohamed Salah share; leadership, commitment, teamwork, precision, agility, determination and service
Dubai, UAE, May 24, 2018: DHL Express, the world’s leading express logistics provider, has signed a strategic partnership for the Egyptian football superstar Mohamed Salah to become its brand ambassador for Middle East and North Africa (MENA) region for the next two years.
The new collaboration will see the parties working together on a series of marketing activities and CSR ......read more
UAE, May 23, 2018: Al Masaood Group, the official distributor of Ducati motorcycles in the UAE, has announced its latest Ducati Ramadan campaign, offering a month-long series of activities exclusively for owners and fans of the iconic Italian sport bike brand. Ducati is distributed throughout the UAE by Revolution Accessories LLC.
Al Masaood Group has lined up a series for Ducati fans and motorcyclists in the UAE such as a test ride event during the first week of Ramadan, the annual Ramadan promotional offers of up to 50 per cent discounts store wide during the second week, from May 20 to ......read more
The recently launched licensing round has proven a draw with companies from all over the world thanks to the unique, overall proposition on offer
Ras Al Khaimah, United Arab Emirates, 23, May 2018: With proven hydrocarbon reserves in place, diverse exploration plays, easily accessible existing infrastructure, attractive production sharing terms and commercialization plans, plus a team of international experts already working on the ground, the tendering process to explore for oil and gas resources in Ras Al Khaimah has received positive interest on a global scale.
Launched on ......read more
70% renewables by 2050 target is achievable if regulations adequately reflect contribution of solar and wind power says IRENA
Dubai, UAE, May 23, 2018: Upgrades to Panama’s regulatory environment and power system management are critical to achieving the renewable energy goals set out in the country’s National Energy Plan, per a Renewables Readiness Assessment Panama report released by the International Renewable Energy Agency (IRENA). The report was launched at high-level event in Panama City today and presented to the country’s Secretary of Energy, Dr. ......read more
Dubai, UAE, May 22, 2018: Ramadan and Eid are traditionally seasons of giving, but that doesn’t mean that gifts themselves need to be traditional. This Ramadan, it’s out with the old and in with the new as Georg Jensen presents a superbly crafted line of sleek cutlery, silverware and homeware products designed for connoisseurs.
With over a century of craftsmanship to call upon, the Danish design house creates iconic products for house and home. With minimal Scandinavian aesthetics very much en vogue, Georg Jensen’s sublime creations with smooth finishes, ......read more
Dubai, UAE, May 21, 2018: Ideal Standard, one of the leading providers of innovative bathroom solutions operating across Europe, Middle East and Africa, has released its latest stylish and versatile ceramic range, Strada II. Building on the success of the original Strada range, this collection of vessels, vanities, basins, toilets and bidets offers soft angles, fine edges and contemporary curves to help bring to life modern, beautiful bathrooms.
Created by leading industrial designers at Studio Levien, this range maintains the simplicity of the original Strada collection, while ......read more
Abu Dhabi, May 17, 2018/ADNEC/ Abu Dhabi National Exhibitions Company (ADNEC) has revealed the opening of its traditional tent, the ‘Capital Majlis’ to welcome guests for Iftar and Suhoor throughout the Holy Month of Ramadan. Now on its third year, the Ramadan Tent, which can accommodate a total of 700 people, takes up an innovative design that best reflects the significance of the Holy Month and features specific spaces for VIPs. During the Holy Month of Ramadan, the ‘Capital Majlis’ will showcase a series of events that include contests, exciting raffle draws and ......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 ......read more
May 16, 2018: The Middle East Facility Management Association (MEFMA), a non-profit association that provides a dedicated platform for facilities management (FM) professionals, wider construction industry stakeholders, and owner associations, has revealed that one of its founding members, Enova, has won a Silver Award at the recently concluded Global FM Awards 2018. The company was recognized for its excellent performance and key contributions to the FM industry--particularly its exceptional business processes and procedures. Enova, a smart integrated energy and facilities management (FM) ......read more
May 16, 2018, United Arab Emirates: Since mid-2014, the harsh cyclical downturn in oil prices has tested, and proved, the resilience of international oil majors' integrated business models. S&P Global Ratings recognizes the majors' downstream refining and petrochemical assets provided them with a cushion as cash flows from the upstream businesses, especially straight exploration and production businesses, plunged.
Those downstream businesses have since taken a backseat as higher oil prices, lower costs, and capital expenditure (capex) ......read more
After a long week at work, there’s nothing better for your body and mind than relaxing at a visit to the spa. Unfortunately, regular spa visits can quickly add up in cost, and during the colder months, most people would rather stay and relax at home. But, the good news is that you don’t have to miss out on your soothing spa visits, even if it’s freezing outside or you’re on a tight budget. There are several things that you can do to turn your bathroom into a calming, spa-like sanctuary right there in your own home.
#1. Improve the Visual Appeal:
First and ......read more
May 15, 2018 - Dubai, UAE: Established in 2008 with their first office in Al Quoz, Global Light and Power (GLP) offer bespoke lighting design solutions with upscale qualities and ideal functionality.
The locally grown company’s 1000 sq. foot showroom showcases both indoor and outdoor LED lighting solutions which include a range of existing and newly designed and manufactured products, displayed to highlight the techniques, applications and effects of each lighting fixture.
Founder and Managing Director of GLP: “It has been a great year for the team. Not only ......read more
Q1 2018 Highlights
Revenue stood at AED 693 Million
Gross Profit reported at AED 101 Million
Operating Profit reported at AED 45 Million
Achieved Net Profit of AED 7 Million
Total Projects Backlog stood at AED 5.4 Billion
UAE – 15 May 2018 – Drake & Scull International PJSC (“DSI” or the “Company”), a regional leader in engineering and construction services, reported today the results for Q1 2018. The overall revenue in the first quarter stood at AED 693 Million, as ......read more
Dubai, United Arab Emirates, 15 May 2018: DP World, UAE Region including Jebel Ali Free Zone (Jafza) has reaffirmed its position as the region’s top trade and logistics hub by generating 29.4 million Metric Tonnes (MT) of trade, valued at $83.1 billion in 2017.
The figures contribute 23% to the total value of trade in Dubai, 70% of the value of all Dubai’s free zone trade combined and has increased 4% year on year.
The volume of trade amounts to 97% of Dubai’s total free zone trade, 32% of Dubai’s total trade and has seen a 6% increase in trade ......read more
Visit included a tour of Ruwais Industrial Complex and Ruwais City
Investment and expansion of Ruwais to form centrepiece of ADNOC’s Downstream Strategy
Abu Dhabi, United Arab Emirates, May 15, 2018: As part of the launch of the Abu Dhabi National Oil Company’s (ADNOC) new Downstream strategy at the ADNOC Downstream Investment Forum in Abu Dhabi this week, over 200 senior energy, petrochemical and private sector leaders and CEOs toured the Ruwais Industrial Complex and Ruwais City, where they viewed existing facilities and key assets and were briefed on ......read more
The company also has successfully launched the "Young Arab Cadet Program" to train and qualify Arab and National cadres in the maritime field
Dubai, United Arab Emirates, May 15, 2018: Gulf Navigation Holding PJSC, headquartered in Dubai and listed in the Dubai Financial Market entitled with “GULFNAV”, announced a 5% increase in its gross profits by the end of first quarter 2018 in comparison to the first quarter 2017.
This announcement comes consequently with the company’s successful completion of the requirements needed to make the Gulf ......read more
Dubai, UAE; May 15, 2018: Eships, a subsidiary of UAE-based Tristar Group was announced as the ‘Best Maritime Company’ at DMCC Member Awards 2018. The award celebrates successful companies operating from the DMCC freezone.
Shailesh Bildikar, Chief Operating Officer, and Sanjay Sachdev, Technical Director, received the award on behalf of Eships.
According to Balaji Nagabhushan, Group Chief Administrative Officer, Tristar Group: “DMCC is one of the leading free zones in the world and we are proud to receive this honour from them. It is a recognition of the ......read more
Dubai, United Arab Emirates, 14 May 2018:
Access World Logistics L.L.C. – a joint venture between RHS Group, Dubai and Switzerland-based Access World, inaugurated a state-of-the-art 3rd party logistics & warehousing facility on Wednesday, 09 May 2018 in the Jebel Ali Free Zone. The facility, with a storage capacity in excess of 100,000 freight tons of multiple products, has a 15,200 m2 covered warehouse with Very Narrow Aisle (VNA) racking systems as well as bulk-stowage space, and air-conditioned (220C’) as well as ambient-temperature warehousing space, plus an ......read more
Abu Dhabi: Thursday, 10 May 2018: Abu Dhabi National Takaful Co. PSC (ADNTC), the leading takaful operator in the region and one of the most progressive insurers in the UAE, has released its financial results for the first quarter of 2018 ending on 31 March 2018, announcing a combined net profit of AED 26.9 million (for policyholders & shareholders before Qard Hasan provision) achieving a growth of 34% compared to AED 20.1 million for the same period last year.
The technical profit reached AED 33.5 million showing an increase of 24 % compared to AED 27 and the underwriting profit ......read more
DP World, UAE Region highlights sector-wide collaboration at GPCA Supply Chain Conference
Dubai, United Arab Emirates, 12 May 2018: Petrochemical companies operating in Jebel Ali Free Zone (Jafza), the region’s premier business and logistics hub, generated trade worth AED 16 billion in 2017.
Jafza is home to 526 companies in the sector from 67 countries and will be exhibiting its services in the petrochemical sector at the 10th GPCA Supply Chain Conference in Dubai.
Sultan Ahmed Bin Sulayem, Group Chairman and Chief Executive Officer, DP World, said: “Creating ......read more
09 May 2018. Dubai, UAE: The Maritime Advisory Council, one of the initiatives under the umbrella of the Dubai Maritime City Authority (DMCA), held its third periodic meeting under the chairmanship of Mark Gistebrich, Chairman and Chief Executive Officer of Maersk in West and Central Asia, to monitor, discuss and study the challenges facing the maritime sector in Dubai for appropriate and effective solutions. The meeting forms part of the efforts to integrate and establish constructive cooperation between public and private industry leaders to push for Dubai’s transformation into a ......read more
May 8, 2018. Dubai, UAE: In line with Dubai Plan 2021 to make Dubai a leading hub in the global economy and in support of the Dubai Industry Strategy, the Dubai Maritime City Authority (DMCA) has held recently the important and exclusive “Dubai Maritime Innovation Quattro Helix Partnerships” workshop to reinforce its coordination with Government, Academicians, private sectors and research and development (R&D) institutions in Dubai to build a leading and pioneering maritime cluster, help diversify the economy, and meet the needs of the future.
Amer Ali, Executive Director ......read more
Sharjah, UAE; May 08, 2018: 2XL, the leading luxury furniture and home décor brand in the UAE, has relaunched its flagship store in Sharjah with a new look, wider selection and larger space. The 71000 square feet outlet is now one of UAE’s largest home and décor space, spread across three floors. Lavish spaces are dedicated to carefully designed living spaces, bedrooms and dining areas, making customers feel like they are walking through a palatial home.
H.E Sultan Abdullah bin Hadda Al Suwaidi, Chairman of Sharjah Economic Development Department, officially ......read more
Agility’s Financial Results for First Quarter 2018
Q1 2018 (Million KD)
Figures in the table above have been ......read more
GAAP EPS from Continuing Operations of $0.47; Adj. EPS Increases 7% to $1.12
GAAP Net Income from Continuing Operations of $1.1B; Op. EBITDA Up 6% to $4.9B
Net Sales Rise 5% to $21.5B, driven by Segments Within the Materials Science and Specialty Products Divisions
Cost Synergy Savings of >$300MM; Run-Rate Ahead of Plan and Now on Pace to Achieve 75% Run-Rate of $3.3B Commitment by the End of the Third Quarter of 2018
DWDP Expects Op. EBITDA up ~15% in 1H18; 2Q Op. EBITDA up in all Divisions: Ag high-30s percent; Materials Science mid-teens percent; Specialty Products ......read more
May 6, 2018 - Al Falak Electronic Equipment & Supplies Co. recently extended support to the highly successful 6th East Coast Heritage Festival in Dammam, as a form of its full commitment to help promote the Kingdom’s rich traditions and lasting legacy. Al Falak was a sponsor of this year’s edition of the annual festival held at the King Abdullah Park in the waterfront of Dammam.
Various activities and events were staged to feature the province’s traditions, cultural identity, and heritage in relation with its maritime environment in a bid to attract visitors from all ......read more
6 May 2018; Dubai, UAE: UAE's leading home furnishing and improvement brand launched its biggest Danube Home Showroom on 3rd of May at Cubes Park, Mussafah, Abu Dhabi. Present at the launch were His Excellency Sheikh Nahyan bin Mubarak Al Nahyan, Mr Rizwan Sajan Chairman and Founder Danube Group, Mr Adel Sajan, Director Danube Group along with senior management of the Group. The group invested AED 50 million on this project, and this grand opening marks the 9th store in UAE.
The new store spans across 75,000 square feet of retail space, with a huge assortment of 30,000 home ......read more
Dubai Maritime City Authority (DMCA) has recently held a coordination meeting with Nakheel Marine Group to explore areas of common interest in the field of marinas, boats, waterways and sailing permits in order to provide an integrated framework to ensure compliance with the highest maritime safety standards and international best practices that would enhance competitive advantages of the maritime sector globally and regionally and strengthen Dubai’s status as a leading international maritime center. The meeting was chaired by Amer Ali, Executive Director of Dubai Maritime City ......read more
The Khalifa Fund for Enterprise Development (KFED) has joined a workshop on the implementation of Abu Dhabi National Oil Company’s (ADNOC) new In-Country Value (ICV) strategy that was launched to help stimulate socio-economic value, promote locally-made content and products, and nurture government and private partnerships in the UAE. The participation was in keeping with Fund’s vision to be at the forefront of promoting entrepreneurship among UAE citizens and enhancing the competitiveness and growth of small and medium enterprises (SMEs). During the workshop attended by a number ......read more
Independent, $2.1 billion company focuses on electrical connection and protection
DUBAI, UAE – May 3, 2018 – nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced the completion of its separation from Pentair plc (“Pentair”) and its launch as an independent, publicly traded company. nVent shares will begin “regular way” trading on the New York Stock Exchange on May 1, 2018, under the symbol “NVT.”
The company has a leading portfolio of ......read more
Dubai, United Arab emirates, May 2, 2018: The world is not on track to meet the global energy targets for 2030 set as part of the Sustainable Development Goals, but real progress is being made in certain areas – particularly expansion of access to electricity in least developed countries, and industrial energy efficiency, according to a new report from five international agencies.
Renewable energy is making impressive gains in the electricity sector, although these are not being matched in transportation and heating – which together account for 80% of global energy ......read more
Hand-crafted and custom-made home accessories
Dubai, UAE, May 01, 2018: Bali is the perfect destination for fans of bohemian art and design, many travel far-and-wide to the popular place in Indonesia to get their hands on the unique and hand-crated pieces. Luckily, Home and Soul have scoured the island’s furniture scene for you, offering you the best sustainable, unique and custom-made pieces here in Dubai making it easier for you to add a touch of ethnic flair to your home.
The beautiful hand-made products are made from a combination of natural materials such as rattan, ......read more
May 1, 2018- Ali Al Jassim, CEO of Etihad Energy Service Company (Etihad ESCO), threw the spotlight on the energy and cost savings achieved through successful implementation of retrofit programs by Etihad ESCO in the emirate, during his participation as a keynote speaker at the 8th MEFMA CONFEX, which was recently held in Dubai. The two-day event, organized under the theme ‘Sustainable FM Industry through Creative Value-based Innovations,’ included participation of over 500 industry stakeholders that included government representatives, developers, service providers and ......read more