Wednesday 12 December 2018

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INDUSTRY FIRST
Adnoc co-loads LPG and propylene onto same vessel

Abu Dhabi National Oil Company (Adnoc) today announced it has safely completed the first co-loading of liquefied petroleum gas (LPG) and propylene onto the same vessel, which was docked in Ruwais, the UAE.

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$1.6bn SPEND FOR PHASE ONE
Energy park to spark new era of growth in Saudi Arabia

Saudi Arabia’s economic diversification efforts and Vision 2030 received a huge boost with the launch of the first phase of the King Salman Energy Park (Spark) in the Eastern Province yesterday.

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2

SHIPA 'TO MAKE LIFE EASIER'
Agility to launch $100m digital logistics platform

Agility said it will invest $100 million over three years to launch Shipa.com, a digital logistics platform that lets businesses, entrepreneurs and consumers manage their freight, e-commerce, and urban deliveries online.

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3

SPECIAL REPORT
Are men now more calorie-conscious than women?

More men than women in the UAE actively look up the calorie content on Google or an app and would want the entire menu to have the calories displayed (46 per cent versus 37 per cent respectively), according to a new YouGov survey.

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4

SPOTLIGHT
Global wearables sales to grow 26pc in 2019: Gartner

Worldwide shipments of wearable devices will reach 225 million in 2019, an increase of 25.8 per cent from 2018, according to leading research and advisory firm Gartner in a new report.

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NEWS IN PICTURES
Shah Rukh Khan wows Muscat

Indian superstar Shah Rukh Khan speaks to his fans media at Vox Cinemas City Centre Muscat. Khan also interacted with the Omani media in the MAX screen and answered questions about his upcoming movie, Zero, which releases on December 21.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate

Damac awards Akoya Oxygen infrastructure contract

Damac Properties, a leading luxury real estate developer in the region, has awarded a major infrastructure works contract to Proscape for its 207,000 sq-m Aquilegia cluster located within Akoya Oxygen community in Dubai, UAE.

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Retail & Wholesale

Majid Al Futtaim picks Orange solutions for retail unit

Majid Al Futtaim, a leading mall developer and leisure pioneer, has deployed flexible SD-Wan from Orange Business Services throughout its Middle Eastern operations to connect cloud applications and digitally transform its retail offerings.

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Energy, Oil & Gas

Energy park to spark new era of growth in Saudi Arabia

Saudi Arabia’s economic diversification efforts and Vision 2030 received a huge boost with the launch of the first phase of the King Salman Energy Park (Spark) in the Eastern Province yesterday.

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Finance & Capital Market

Abu Dhabi Exchange lists $300m sukuk for Senaat

The Abu Dhabi Securities Exchange (ADX) and General Holding Corporation, Senaat, yesterday (December 9) rang the market opening bell to celebrate the listing of the first tranche of Senaat sukuk.

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Analysis, Interviews, Opinions

Scale-ups offer big window for economy growth: study

Countries can enrich the entrepreneurial ecosystem, and have a huge positive economic impact compared to that of regular SMEs, if they give one particular segment known as ‘scale-ups’ the focus it needs, a report said.

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Industry, Logistics & Shipping
Travel, Tourism & Hospitality

Turkish Airlines load factor tops 81pc in November

Turkish Airlines said that the passenger growth trend continued in November with an increase of 4 per cent year-on-year in the number of passengers carried reaching 5.5 million passengers, and load factor went up to 81.4 per cent.

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IT & Telecommunications

Spire appoints country manager for Saudi Arabia

Spire Solutions, a regional leader in information security solutions, is expanding its business footprint into Saudi Arabia with local presence in Riyadh by adding a new country manager to direct its operations there.

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Lifestyle

Danish confectionary brand Lakrids opens in Dubai

Leading confectionary brand Lakrids by Johan Bülow, which boasts a unique combination of Belgian chocolate and Danish liquorice, has unveiled its first flagship boutique at The Dubai Mall, the world’s largest shopping mall in the UAE.

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Motoring

Renault Megane R S model launched in UAE

Arabian Automobiles, the flagship company of the AW Rostamani Group and the exclusive dealer for Renault in Dubai, Sharjah and the Northern Emirates, has launched the new Renault Megane R S across its network.

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Health & Environment

Dubai to set up state-of-the-art cardiology centre

The Dubai Health Authority (DHA) is in the process of establishing a state-of-the-art cardiology centre, Humaid Al Qutami, director general of the DHA, has revealed.

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Media & Promotion

E2 Dubai South launches VR venue experience

E2 Dubai South, an international hub for trade and commerce located within the emirate's 145-sq-km urban city development, has introduced a Virtual Reality Venue Tour that allows users to explore event setups at the venue as a 3D 360-degree view.

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Education, HR & Training

Dubai education ‘likely to get more affordable’

The education sector in Dubai is expected to face pressure with a further 13 schools slated to open next academic year, bringing the total number of private schools in the Emirate to 207, said property consultant Knight Frank in a report.

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Miscellaneous

ADGM Courts launches fully digital courtroom

Abu Dhabi Global Market Courts (ADGM Courts), the internationally recognised, independent courts of ADGM, has opened for viewing its fully digital, bespoke courtroom at an event in the ADGM Building on Al Maryah Island.

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