Tuesday 21 October 2014

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NUCLEAR TALKS
Iran offers compromises; West unmoved

Iran is pushing what it portrays as a new compromise proposal in nuclear talks, but Western negotiators say it offers no viable concessions, underscoring how far apart the two sides are as they enter crunch time before a Nov 24 deadline.

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COLLISION WITH SNOW PLOUGH
Total CEO killed in Moscow business jet accident

The chief executive of French oil major Total, Christophe de Margerie, was killed when a business jet collided with a snow plough during takeoff at Moscow's Vnukovo International Airport, the company and airport officials said.

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2

FOCUS ON SEVEN KEY SECTORS
UAE aims to become 'most innovative nation' in 7 years

The UAE aims to become one of the most innovative countries in the world in the next seven years under a national strategy launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister.

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3

ANALYSIS
IBM struggles to reinvent itself in an age of cloud

When IBM Corp CEO Ginni Rometty was asked how to transform companies, she spoke of "relentless reinvention", but applying those precepts to the IT giant is proving particularly tricky as its cloud and security units face stiff competition.

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SPECIAL REPORT
ME firms challenged in attracting, retaining talent

Organisations in the Middle East are facing greater challenges than employers elsewhere in the world with 70 per cent of the firms admitting difficulty in attracting and retaining critical skill and high potential employees, a report said.

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IMAGE OF THE DAY
Window of the World

A woman stands next to a miniature replica of the US White House at a theme park called "Window Of The World" in Shenzhen on October 20. The park's 48 hectares contain about 130 reproductions of some of the world's top tourist attractions.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate

Dubai to launch Phase II of Water Canal

Dubai's Roads and Transport Authority (RTA) has announced plans to launch the second phase of the Water Canal project as the work on the traffic diversion at Al Wasl Road nears completion.

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Retail & Wholesale

Qatar to buy $616m stake in HK retail operator

Qatar's sovereign wealth fund has agreed to buy a HK$4.78 billion ($616 million) stake in Lifestyle International Holdings, operator of the SOGO department stores in Hong Kong and mainland China, Lifestyle said on Monday.

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Energy, Oil & Gas

Ras Laffan terminal marks 5,000th loading

Qatargas has achieved yet another significant milestone with Ras Laffan Terminal Operations (RLTO) celebrating the loading of its 5,000th cargo on October 13, the equivalent of more than two billion barrels of product.

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Finance & Capital Market

StanChart readies to close thousands of UAE accounts

Standard Chartered has notified thousands of UAE small and medium enterprise customers it is closing their accounts as it responds to pressure from US regulators to cut its risks following an anti-money laundering settlement.

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Analysis, Interviews, Opinions

ME firms challenged in attracting, retaining talent

Organisations in the Middle East are facing greater challenges than employers elsewhere in the world with 70 per cent of the firms admitting difficulty in attracting and retaining critical skill and high potential employees, a report said.

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Industry, Logistics & Shipping

Aramex aims for two acquisitions in 2015

Dubai-listed logistics firm Aramex is targeting at least two acquisitions in 2015 as part of the company growth strategy, its founder and vice-chairman said on Monday.

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Travel, Tourism & Hospitality

Regional funding boom for plane deliveries: Boeing

Boeing, a leading aircraft manufacturer, said today that commercial financial institutions in the Middle East are increasingly funding the region’s record number of airplane deliveries.

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IT & Telecommunications

Thales wins Qatar satcom deal

Thales, a leading global supplier of secure end-to-end satellite communication solutions, has won a contract to supply the Qatar Armed Forces with a military satellite communications system.

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Lifestyle

Moda Mall showcases Bahrain-based artist’s work

An art exhibition themed “The Rhythm of Life” by Bahrain-based artist, Peter W. Rushton was launched at Moda Mall, located on the ground floor of the Bahrain World Trade Centre.

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Motoring

Al Futtaim launches new Lexus IS 250

Al-Futtaim Motors, the exclusive distributor of Lexus in the UAE, has launched the 2015 Lexus IS 250 with F Sport features for motorists looking for high performance and outstanding design.

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Health & Environment

Regional health regulation to be focus of Dubai conference

The latest developments and advancements in the field of health regulation will be highlighted during the First Regional Health Regulation Conference, which will take place at the Conrad Hotel, Dubai, UAE.

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Media & Promotion

Zayed Future Energy Prize winners selected

The Zayed Future Energy Prize jury has selected the winners of the 2015 awards in the final phase of the four-stage evaluation process and the names will be announced at a special awards ceremony on January 19, 2015.

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Education, HR & Training

Govt jobs ‘most preferred by Emirati professionals’

The majority of Emirati professionals prefer the government as employer, followed by military, defence and police services, oil, gas and petrochemicals and banking and finance, a report said.

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Miscellaneous

Mena Aerospace to launch dream flight initiative

Mena Aerospace has launched its latest corporate social responsibility (CSR) programme with a concept providing a day of dreams for the children of Al Sanabel Orphanage as well as Dream Kids in Bahrain.

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