Friday 22 September 2023

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TWO SATELLITES PLANNED
Yahsat wins $5.1bn UAE satellite capacity, services deal

The UAE government has given the go-ahead to Al Yah Satellite Communications Company (Yahsat), the emirate’s flagship satellite solutions provider, to provide satellite capacity and managed services for 17 years.

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1

'DRASTIC CLIMATE ACTION MUST'
Get after gigatons, Dr Al Jaber urges world leaders

The international community must be “brave” and get “back on track” to meet its climate ambitions by COP28 President-Designate Dr Sultan Al Jaber, addressing the UN Climate Ambition Summit in New York.

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2

TARGET 2030
World leaders vow to redouble universal health efforts

World leaders have approved a new political declaration committing to redouble efforts towards universal health coverage by 2030, at a United Nations (UN) General Assembly High-Level Meeting on Thursday.

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3

INSIGHT
Offshore wind industry needs ‘responsible development’

The offshore wind industry is poised for growth, but economic pressures and technological innovation need to be managed, says Allianz Commercial in its new report.

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4

INSIGHT
Sustainable tourism journey: Much more to be done

Bain & Company recently launched a report highlighting the increasing demand for sustainable tourism among leisure travellers across the globe. However, it says the travel and tourism sector must make more efforts to protect the environment.

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Top Trade News

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Industry Sectors

Construction & Real Estate

Enowa pioneers helicopter-aided construction in NEOM

Enowa, NEOM’s energy and water company, has piloted helicopter-aided construction for the installation of high-voltage transmission line towers in the mountains of the futuristic city.

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Retail & Wholesale
Finance & Capital Market
Analysis, Interviews, Opinions

The best Sharia-compliant investment products for UAE residents in 2023

The UAE is a growing market for Sharia-compliant investment products. Holding the 4th position in the Islamic Finance market, the UAE sees much projected growth. What are some of the best Sharia-compliant investment products for UAE residents in 2023?

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Industry, Logistics & Shipping

ABB, Porsche Consulting drive future of analyser manufacturing

ABB has partnered with Porsche Consulting, a leading management consultancy and a subsidiary of the sports car maker, to reshape analyser manufacturing, solidifying ABB’s position at the forefront of the analyser market.

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Travel, Tourism & Hospitality

Mideast tourism arrivals 20% above pre-Covid figures

The Middle East reported the best results globally for tourism during January to July 2023, with arrivals 20% above pre-pandemic levels, says a UNWTO report. The region continues to be the only one to exceed 2019 levels so far.

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Lifestyle

Saudi Arabia’s first fashion week to showcase 30 brands

Thirty Saudi brands will rule the ramp at the inaugural “Riyadh Fashion Week” that will be held in the capital October 20-23. It will gather important members of the global fashion community to explore the kingdom's rapidly emerging fashion market.

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Motoring

Jiad Modern Motors is MG Motor’s new distributor in KSA

MG Motor has appointed Jiad Modern Motors, a Mohamed Yousuf Naghi company, as the brand’s official distributor in Saudi Arabia. Effective immediately, the appointment is in line with the British-born brand’s regional retail network expansion strategy.

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Health & Environment

Burjeel Holdings awards Oracle Health $34m EMR contract

Burjeel Holdings, a leading Healthcare Services Provider in the UAE, has awarded a AED125 million ($34 million) to Oracle Health to implement a state-of-the-art electronic medical record (EMR) ecosystem.

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Media & Promotion

Trevor Noah's ‘largest comedy show’ in UAE on Oct 3

Live Nation Middle East will present the highly anticipated gig by Trevor Noah, a part of his 'Off The Record' Tour, at Coca-Cola Arena on October 3 in Dubai. It will officially be the largest comedy show to date in the UAE, the organiser said.

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Education, HR & Training

Bahrain Bourse kicks off Smart Investor Programme

Bahrain Bourse (BHB), an exchange licensed by the Central Bank of Bahrain, in partnership with Injaz Bahrain, has announced the launch of the 6th Edition of the Smart Investor Programme.

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Miscellaneous

UAE space sector spending increases

The total spending in the UAE's space sector witnessed a 6.61% increase in 2021 compared to the previous year and government spending accounted for 55.7% of it, said the UAE’s Space Economic Survey.

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