Monday 24 July 2017

0

$20bn SAVING PER YEAR SEEN
Dubai set to become world’s first blockchain-powered govt

Dubai is fast moving toward achieving its goal of becoming the world’s first government to execute all implementable transactions on blockchain by 2020, an international expert on blockchain has said.

more…

1

$89bn DEVELOPMENTS ON HOLD
UAE's active building projects' value soars to $288bn in H1

The combined value of 7,488 active building projects in the UAE has reached a whopping $228 billion by the end of June despite weaker global economic growth scenario, said a report.

more…

2

SAUDI TOP EXPORT MARKET
Dubai Chamber members’ trade hits $40bn in H1

The Dubai Chamber of Commerce and Industry said its members’ exports and re-exports grew by 6.1 per cent during the first half of 2017 to Dh146.7 billion ($39.9 billion) , compared to Dh138.3 billion in the same period of last year.

more…

3

SPOTLIGHT
ME outbound M&A value hits record $17.2bn in Q2

Cross-regional deals originating from the Middle East trebled from the first quarter (Q1) of 2017 to Q2, reaching $17.2 billion - the highest outbound M&A value since 2015, a report said.

more…

4

TECHNOLOGY
GCC drones market likely to hit $1.5bn by 2022

The market for drones in the GCC could reach $1.5 billion by 2022, a report said, with much of this coming from oil and gas, and utilities — which respectively are projected to constitute 43 per cent and 32 per cent of the market.

more…

5

NEWS IN PICTURES
Regatta win for Team Oman Air

Team Oman Air claimed their first regatta win of the 2017 Extreme Sailing Series with a dominant display in Barcelona, Spain, narrowing the gap to the top spot on the overall leaderboard to just one point.

more…

Top Trade News

icondown

Industry Sectors

Construction & Real Estate

UAE's active building projects' value soars to $288bn in H1

The combined value of 7,488 active building projects in the UAE has reached a whopping $228 billion by the end of June despite weaker global economic growth scenario, said a report.

More…
Retail & Wholesale
Energy, Oil & Gas

Oman awards exploration contract to Schlumberger

Oman-based Petrogas Kahil has awarded a contract for the drilling of three exploration wells in Block 55 to global oil services company Schlumberger, a report said.

More…
Finance & Capital Market

Dubai set to become world’s first blockchain-powered govt

Dubai is fast moving toward achieving its goal of becoming the world’s first government to execute all implementable transactions on blockchain by 2020, an international expert on blockchain has said.

More…
Analysis, Interviews, Opinions

ME outbound M&A value hits record $17.2bn in Q2

Cross-regional deals originating from the Middle East trebled from the first quarter (Q1) of 2017 to Q2, reaching $17.2 billion - the highest outbound M&A value since 2015, a report said.

More…
Industry, Logistics & Shipping
Travel, Tourism & Hospitality

Travelport, Mobacar extend partnership

Leading travel commerce platform Travelport today announced an extended partnership with car rental and ground transportation technology specialist, Mobacar, to deliver innovation in car distribution.

More…
IT & Telecommunications

‘Destruction of Service’ attacks set to grow: report

The impact of Destruction of Service (DeOS) attacks, which could eliminate organizations’ backups and safety nets, required to restore systems and data after an attack is predicted to grow in 2017, according to a new report.

More…
Motoring

New Nissan Leaf to come with e-Pedal

Nissan has announced that the widely anticipated new Nissan Leaf will come with e-Pedal, a revolutionary technology that transforms the way we drive.

More…
Health & Environment

DHA Medical Fitness Centres to adopt smart system

Dubai Health Authority (DHA) will be adopting an electronic system at its Medical Fitness Centres to allow customers to finish all their medical test procedures from one centre or through one of the 40 DHA-approved printing centres.

More…
Media & Promotion

RAK expo centre sees 4pc rise in H1 visitors

Ras Al Khaimah Exhibition Centre, a Ras Al Khaimah Chamber initiative, hosted nine different consumer and specialist exhibitions during the first half of 2017 which drew 296,374 local and international visitors.

More…
Education, HR & Training

Samsung signed up as WordSkills Abu Dhabi presenter

WorldSkills Abu Dhabi 2017, the world's largest vocational skills competition, has announced that it has signed global electronics giant Samsung Electronics as its overall event presenter.

More…
Miscellaneous

Alshaya signs franchise with US pizza company

MH Alshaya, a top retail franchise operator in Kuwait, has signed an agreement with US-based Blaze Fast-Fire'd Pizza, a leading fast-casual artisanal pizza chain, to build and operate multiple Blaze Pizza restaurants across Mena.

More…
Live rates widget is provided by DailyForex.com - Forex Reviews and News

calendarCalendar of Events

Ads

Recommended Links

ABC-Bahrain

DHgate

Robot for Binary Option