Wednesday 6 July 2022

0

LARGEST NUMBER OF HOTEL ROOMS
$7bn Makkah mixed-use project Phase One nearing completion

Work is nearing completion on the first phase of the SR26 billion ($7 billion) Thakher Makkah, a major project coming up near the Grand Mosque in the city, featuring 100 land plots for the development for hotels and residential and retail facilities.

more…

1

CORE UTILITIES TOP FOCUS
Taqa mulls potential sale of Dutch upstream assets

Abu Dhabi National Energy Company (Taqa), a major utility in EMEA region, is looking at the potential sale of its key oil and gas units, mainly the upstream assets in Netherlands, said a report adding that it also aims to double the UAE capacity to 30GW.

more…

2

RUSSIA OUTPUT CUT RETALIATION
Oil prices may surge to $380 a barrel, warns JP Morgan

Amid ongoing geopolitical tensions and skyrocketing energy rates, global oil prices may hit $380 a barrel if US and European curbs compel Russia to inflict retaliatory crude output cuts, Bloomberg reported, citing analysts at JPMorgan Chase & Company.

more…

3

SPOTLIGHT
Desert tech can transform Mena’s agricultural sector

Technological innovations being developed and implemented have the potential to alter production, supply chains, and consumption patterns drastically, in the Middle East and Nort Africa’s (Mena) agritech and foodtech sectors.

more…

Top Trade News

icondown

Industry Sectors

Construction & Real Estate

SNC-Lavalin lands FM contract for Saudi PPP school project

SNC-Lavalin, a leading project management company, has been awarded facilities management (FM) services contract by the Wave 2 Schools Project of the Saudi Ministry of Education, which is jointly procured with Tatweer Buildings Company (TBC).

More…
Retail & Wholesale

Enoc Group expands its compact station network

Enoc Group has announced the launch of its newest compact station in the Dubai South area, the master-planned city with eight different sub-areas that spans across approximately 145 square kilometres.

More…
Energy, Oil & Gas

Al Masaood Power Division inks GCC deal with Sunstream

Al Masaood Power Division, leaders and experts in power solutions, has signed a distribution agreement with Sunstream International to spearhead the future of solar panel solutions in the GCC.

More…
Analysis, Interviews, Opinions

Desert tech can transform Mena’s agricultural sector

Technological innovations being developed and implemented have the potential to alter production, supply chains, and consumption patterns drastically, in the Middle East and Nort Africa’s (Mena) agritech and foodtech sectors.

More…
Travel, Tourism & Hospitality

Radisson's 389-key Palm Jumeirah resort set for Q3 launch

Leading hospitality group Radisson, which continues to strengthen its footprint in the region with significant signings and key developments, is set to open its new property, the 389-key Radisson Beach Resort Palm Jumeirah, during the third quarter.

More…
IT & Telecommunications

Emirates Post, Hub71 tie up to advance logistics sector

Emirates Post Group (EPG) and Hub71, Abu Dhabi’s global tech ecosystem, have tied up to provide tech startups with greater opportunities to collaborate with EPG and advance the logistics sector using next-generation technologies.

More…
Lifestyle
Media & Promotion

Motorcity and Chery celebrate partnership with Malaeb

Motorcity, the exclusive distributor of Chery vehicles, has celebrated its partnership with Malaeb, one of the fastest-growing SportsTech start-ups in Bahrain, for the first season of the in-person Fantast League.

More…
Education, HR & Training

CFA and Sico launch Women in Investment Programme

CFA Society-Bahrain, the local society of the CFA Institute, has partnered with Sico, a leading regional asset manager, broker and investment bank, to launch a Women in Investment (WIM) Boot Camp Programme.

More…
Miscellaneous

Bahrain PM declares Wadi Al-Buhair as nature reserve

HRH Prince Salman bin Hamad Al Khalifa, Bahrain's Crown Prince and Prime Minister, has issued a directive declaring the ecological areas in Wadi Al Buhair as nature reserve and called for preservation of the region known for its terrain and rocky hills.

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

calendarCalendar of Events



Weather

MANAMA WEATHER
ABU DHABI WEATHER
DUBAI WEATHER
RIYADH WEATHER
OMAN WEATHER
KUWAIT WEATHER
QATAR WEATHER

Trade Arabia on Twitter


TradeArabia on Facebook