Saturday 3 December 2022

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GLOBAL BOOKINGS SIGNAL RECOVERY
Mideast airlines see 115pc surge in traffic in October: IATA

Middle Eastern airlines saw a 114.7% rise in passenger traffic in October compared to the same month of 2021 and capacity increased 55.7% versus the year-ago period said the International Air Transport Association (IATA) in a new report.

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1

NATIONAL DAY MESSAGE
UAE will remain partner in global progress: President

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan said the nation will remain a key partner and supporter of everything that brings about progress and development for humanity, and enhances the world's ability to meet its challenges.

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2

57 sq km MEGA AEROTROPOLIS
Foster+Partners wins contest to masterplan mega Riyadh airport

Foster+Partners has won a competition to design the masterplan for King Salman International Airport, a mega development coming up on a 57-sq-km area in Riyadh, featuring a host of facilities including six parallel runways as well as residential units.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate

Foster+Partners wins contest to masterplan mega Riyadh airport

Foster+Partners has won a competition to design the masterplan for King Salman International Airport, a mega development coming up on a 57-sq-km area in Riyadh, featuring a host of facilities including six parallel runways as well as residential units.

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Retail & Wholesale

Honayda Serafi named Chopard's Saudi brand ambassador

Chopard, the leading Swiss manufacturer and retailer of luxury watches, jewellery and accessories, has signed up the highly-talented fashion designer Honayda Serafi as its first ambassador for Saudi Arabia.

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Energy, Oil & Gas

Dewa's power transmission project spend hits $2.7bn in 3 years

Dubai Electricity and Water Authority (Dewa) has announced that it had spent AED10 billion ($2.72 billion) on its electricity transmission projects between 2021 and 2024. This included AED2 billion for 400 kV projects and the rest for 132 kV projects.

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Finance & Capital Market

Middle East represents a rare ‘bright spot’ for M&A

In terms of dealmaking, the Middle East represents a rare ‘bright spot’ supported by government initiatives, strong GDP growth forecast and attractive risk-adjusted returns, said a report.

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Analysis, Interviews, Opinions

Why inclusivity is imperative to a nation’s progress

Research indicates a strong correlation between innovation and economic productivity through inclusive practices, says an industry expert.

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Industry, Logistics & Shipping

Alfa Laval wins supply order for big Neom green hydrogen plant

Neom, the developer of a $500-billion new futuristic city in Saudi Arabia, has signed up global industry leader Alfa Laval to supply compact heat exchangers for the world’s largest green hydrogen plant, being set up within its key development.

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Travel, Tourism & Hospitality
IT & Telecommunications

Tech Mahindra to set up first global delivery centre in Egypt

Tech Mahindra, a key digital transformation, consulting, and business re-engineering solutions provider, has signed an agreement with Egypt's Information Technology Industry Development Agency for the establishment of its global delivery centre in Cairo.

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Lifestyle

MG’s RX5 SUV is reborn with more style, tech and comfort

A new, second generation of MG Motor’s popular MG RX5 SUV has now arrived in the Middle East offering customers even more style, technology and travelling comfort at great value prices.

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Motoring

Daimler Truck teams up with DHL to operate new Dubai warehouse

Daimler Truck AG has announced that it has sealed a strategic, long-term partnership with global logistics provider DHL Global Forwarding for the operations and management of a dedicated warehouse for truck parts for the region at Dubai World Central.

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Health & Environment

Dar launches action plan for net zero future in Mena region

Leading design firm Dar Al Handasah Consultants Shair and Partners has launched a research-backed action plan that Mena countries can follow for decarbonising three key sectors - the built environment, transportation and water and energy resources.

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Media & Promotion

Global Village features Arab superstar Nancy Ajram

Global Village, the UAE and wider region's leading multicultural family destination for culture, shopping, and entertainment, said that Arab superstar Nancy Ajram will be performing live on December 12 at the Global Village Main Stage.

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Education, HR & Training

Saudi sports federation signs deal with Arab Open University

The Saudi Sports for All Federation (SFA) has signed an agreement with the Arab Open University (AOU) in Riyadh as part of its efforts to implement sports programmes and promote a sports culture in the kingdom.

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