Sunday 18 November 2018

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187 COUNTRIES AT THE EVENT
Bahrain airshow big success, nets record $5bn deals

Bahrain International Airshow ended on a successful note with record breaking participation - 187 countries attended the fifth edition - and also signing of deals worth $5 billion during the three-day event which attracted 30,000 visitors.

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1

MASSIVE HOUSING PLAN
Saudi Arabia plans to build over 19,000 residential units

Saudi Arabia is set to build more than 19,000 residential units in major cities across the kingdom including Riyadh, Jeddah and Alkhobar. The Housing Ministry has already inked deals with four real estate development companies, said a report.

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2

CASABLANCA-TANGIER ROUTE
Alstom powers Africa's first high-speed rail network

Alstom said it has supplied 12 trains for a high-speed line in Morocco, the first such network in Africa, linking the cities of Tangier and Casablanca. Running at 320/km/hour, it will reduce the five-hour travel time between the cities to 2 hours.

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3

SPOTLIGHT
Top 10 strategic technology trends for 2019

A strategic technology trend is one with substantial disruptive potential that is beginning to break out of an emerging state into broader impact and use, said research firm Gartner, listing the top 10 strategic technology trends for 2019.

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4

ANALYSIS
Missing middle skills for Human-AI collaboration

As AI technologies advance rapidly, some job roles will be done exclusively by humans while others will be taken on by intelligent automation. But most emerging roles will be fulfilled by people and machines working together, says a report.

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5

NEWS IN PICTURES
15 years and counting

More than 400 employees from Etihad Airways Engineering and Etihad Technical teams gathered together to celebrate the 15th anniversary of Etihad Airways with a human mosaic photographed in front of one of the airline’s Airbus A380s.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate

Saudi Arabia plans to build over 19,000 residential units

Saudi Arabia is set to build more than 19,000 residential units in major cities across the kingdom including Riyadh, Jeddah and Alkhobar. The Housing Ministry has already inked deals with four real estate development companies, said a report.

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Retail & Wholesale

Big tenant line-up unveiled for $1bn Abu Dhabi mall

Al Farwaniya Property Developments has unveiled the tenant line-up for its Dh4 billion ($1.1 billion) Reem Mall project in Abu Dhabi which includes top brands such as Virgin Megastore, Home Centre, Adidas, Ecco, Steve Madden, Bershka and Paul.

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Energy, Oil & Gas

Saudi Arabia plans $400bn spend on IKTVA programme

Saudi Arabia plans to spend more than SR1.5 trillion ($400 billion) on its In Kingdom Total Value Add (IKTVA) programme in the next 10 years with plans to prepare 360,000 trainees for the labour market by 2030.

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Finance & Capital Market

Boursa Kuwait launches new Over the Counter Market

Boursa Kuwait has launched a new trading platform for firms that are not listed on bourse. The new Over the Counter Market (OTC) will create a transparent environment by bringing both buyers and sellers using fully supervised mechanisms.

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Analysis, Interviews, Opinions

Missing middle skills for Human-AI collaboration

As AI technologies advance rapidly, some job roles will be done exclusively by humans while others will be taken on by intelligent automation. But most emerging roles will be fulfilled by people and machines working together, says a report.

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Industry, Logistics & Shipping

Bahrain signs eight landmark deals with Chinese city

Bahrain Economic Development Board (EDB) has signed eight landmark agreements with Chinese city of Shenzhen in the areas of technology and transportation. The move is aimed at deepening mutual eeconomic ties and also explore opportunities for further gro

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Travel, Tourism & Hospitality

Bahrain airshow big success, nets record $5bn deals

Bahrain International Airshow ended on a successful note with record breaking participation - 187 countries attended the fifth edition - and also signing of deals worth $5 billion during the three-day event which attracted 30,000 visitors.

More…
Lifestyle

Behbehani named new Lamborghini distributor in Bahrain

Behbehani Brothers, a leader in the automotive business, has announced that the company has been awarded the distribution and servicing rights for the luxury Italian automotive brand Lamborghini, in Bahrain.

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Motoring

Aston Martin Lagonda opens flagship UAE dealership

Luxury British carmaker, Aston Martin Lagonda has celebrated the opening of a new flagship dealership in Abu Dhabi. The facility boasts a state-of the-art 521-sq-m showroom with eight Aston Martins on display.

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Health & Environment

Arab Health 2018 generates $778m business

Arab Health, an exhibition for healthcare and trade professionals in the Mena region, announced that over $778 million worth of business was generated by exhibitors during its 2018 edition, a media report said.

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Media & Promotion
Education, HR & Training

Over 300 courses showcased at Getex

Over 300 academic and occupational courses are being presented to Emirati and expat students and professionals who are actively looking for higher education, professional development, and training options at an ongoing event in Dubai, UAE.

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Miscellaneous

Bahrain announces holiday for Prophet's birthday

Bahrain's ministries, departments and official institutions will be closed on Tuesday (November 20) to mark the anniversary of Mawlid Al Nabi, the birthday of the Prophet Mohammed (PBUH).

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