Tuesday 23 January 2018

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NEW PAVILIONS, ACCESS ROAD
Laing O’Rourke wins big Expo 2020 Dubai contracts

Expo 2020 Dubai has awarded two major contracts worth a combined Dh670 million ($182 million) to leading British construction company Laing O’Rourke for building of two pavilions and the Hammerhead’ access road for the mega global event.

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1

LOSSES TOP $1bn
Cybercrime claims 3.7m victims in UAE in 2017

Hackers stole Dh3.86 billion ($1.05 billion) from 3.72 million consumers in the UAE in the past year, according to the 2017 Norton Cyber Security Insights Report, released by Norton by Symantec, a global leading cyber security company.

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2

CONFIDENCE RECOVERS IN US
CEO optimism booms; jobs growth likely

A record number of CEOs are optimistic about the economic environment worldwide, at least in the short term, with over half of them expecting headcount to increase in their companies.

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3

SPOTLIGHT
World only 9pc 'circular' in resources use

With over 90pc of the raw materials used globally not cycled back into the economy, our planet is left with a massive strain on its natural resources that needs to be urgently relieved, according to a report launched by Circle Economy.

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4

ANALYSIS
Driven by EVs, oil demand growth will peak by 2030: report

Electric vehicles (EV) are expected to take off rapidly in the early 2020s, resulting in a drastic slowdown in oil demand growth and causing global oil demand to peak by 2030, says a report.

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5

NEWS IN PICTURES
Infiniti QX80 arrives

The Infiniti QX80 has arrived in the Middle East region, further advancing Infiniti's market-leading presence in the full-size luxury SUV segment. It takes Infiniti’s ‘Powerful Elegance’ design language in a bold new direction.

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Top Trade News

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Industry Sectors

Construction & Real Estate

Laing O’Rourke wins big Expo 2020 Dubai contracts

Expo 2020 Dubai has awarded two major contracts worth a combined Dh670 million ($182 million) to leading British construction company Laing O’Rourke for building of two pavilions and the Hammerhead’ access road for the mega global event.

More…
Retail & Wholesale

Global men’s designer apparel market to hit $33bn

The global market for men’s designer apparel is projected to reach nearly $33 billion in 2020, up 14 per cent from $29 billion in 2015, said an industry expert, citing a report from Euromonitor International.

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Energy, Oil & Gas

Driven by EVs, oil demand growth will peak by 2030: report

Electric vehicles (EV) are expected to take off rapidly in the early 2020s, resulting in a drastic slowdown in oil demand growth and causing global oil demand to peak by 2030, says a report.

More…
Finance & Capital Market

Saudi Arabia unveils benchmark platform at WEF

Saudi Arabia has unveiled a first look at the Kingdom's unique data tool for measuring its performance trajectory in relation to other nations at the ongoing World Economic Forum (WEF) in Davos, Switzerland.

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Analysis, Interviews, Opinions

World only 9pc 'circular' in resources use

With over 90pc of the raw materials used globally not cycled back into the economy, our planet is left with a massive strain on its natural resources that needs to be urgently relieved, according to a report launched by Circle Economy.

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

Four Seasons continues to expand global portfolio

Four Seasons Hotels and Resorts, a leading luxury hospitality company, enters 2018 with a remarkable list of openings planned, including the company’s first standalone residential project.

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IT & Telecommunications

Cybercrime claims 3.7m victims in UAE in 2017

Hackers stole Dh3.86 billion ($1.05 billion) from 3.72 million consumers in the UAE in the past year, according to the 2017 Norton Cyber Security Insights Report, released by Norton by Symantec, a global leading cyber security company.

More…
Motoring

Masdar inks cooperation deal with Abu Dhabi transport

UAE-based Masdar said it has signed an agreement with the Department of Transport – Abu Dhabi (DoT) to boost co-operation in the study, testing and evaluation of sustainable, electrical and autonomous transport technologies.

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Health & Environment

NMC Health announces $200m new acquisitions

UAE healthcare operator NMC Health has announced two new acquisitions worth over $200 million and also the completion of new operating and management (O&M) contract as the company moves to expand across the Middle East.

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Media & Promotion

UAE postpones 'The Founder’s Memorial' launch

The UAE government has postponed the opening of 'The Founder’s Memorial' - which commemorates the country's founding father Sheikh Zayed bin Sultan Al Nahyan’s life, legacy, and values - until further notice.

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Education, HR & Training
Miscellaneous

India’s Godrej to showcase solutions at Intersec

India-based Godrej Security Solutions (GSS) will host specialised pavilions including safety design in buildings, smart home pavilion, drone pavilion, wearable security pavilion and job & career pavilion at security exhibition Intersec.

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