Wednesday 5 August 2015

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711-METRE TOWER SHOWPIECE
Dubai launches massive Meydan development

Dubai’s Meydan City Corporation has launched a new 3.67-million-sq-m leisure, residential and hospitality destination featuring the world’s tallest residential tower within the heart of the UAE emirate, a report said.

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1

ECONOMIES TOUGH DESPITE LOW OIL
Saudi, UAE non-oil rebound from record lows

Business activity growth in Saudi Arabia's non-oil private sector rose in July after hitting a record low in June, while the same in the UAE rebounded during the month from a 22-month low, a survey of businesses showed on Tuesday.

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2

CONNECTED CAR ‘$50bn MARKET’
German carmakers to buy Nokia maps for $2.7bn

German carmakers BMW, Audi and Mercedes, will pay around 2.5 billion euros ($2.7 billion) to buy Nokia's maps business, beating out high-tech rivals for location services seen as key to the future of self-driving cars.

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3

ANALYSIS
Samsung ‘fighting to save mobile market share’

For four years Samsung has basked in the success of its Galaxy smartphones, making billions of dollars in the premium mobile market, but the coming years are set to be more sombre for the South Korean tech giant, say analysts.

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4

INSIGHT
Cold brew transforms summertime coffee market

For coffee shops, business usually cools down as the weather heats up. But as the latest craze, cold brew coffee, moves from a hipster infatuation to mainstream staple, that traditional seasonal pattern is changing fast.

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5

NEWS IN PICTURES
7-star movie experience

Novo Cinemas has launched its first-of-a-kind seven-star theatre at Bahrain's Seef Mall Muharraq. The NOVO 7-STAR features reclining seats, cosy pillows and blankets and individual iPads for easy ordering as well as a butler service.

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Top Trade News

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Industry Sectors

Construction & Real Estate

Dubai launches massive Meydan development

Dubai’s Meydan City Corporation has launched a new 3.67-million-sq-m leisure, residential and hospitality destination featuring the world’s tallest residential tower within the heart of the UAE emirate, a report said.

More…
Analysis, Interviews, Opinions

Samsung ‘fighting to save mobile market share’

For four years Samsung has basked in the success of its Galaxy smartphones, making billions of dollars in the premium mobile market, but the coming years are set to be more sombre for the South Korean tech giant, say analysts.

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Industry, Logistics & Shipping

Saudi masterbatch market to hit $167m

The masterbatch market in Saudi Arabia is projected to reach $167 million by 2020, on the back of growing demand from the packaging and construction sectors.

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Travel, Tourism & Hospitality

New US airline group opposes Open Skies dispute

A challenge by US airlines that accuses three Gulf carriers of distorting competition via government subsidies took another turn on Monday with the formation of a US airline group that backs the Gulf-carriers' cause.

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IT & Telecommunications

Etisalat launches ‘Business Wifi’ for small and medium firms

Etisalat has launched its fully managed wireless connectivity solution – Business WiFi, to enable business customers, their employees and guests to have wireless access with high speed broadband.

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Lifestyle

Swiss skin brand launches anti-aging products in UAE

Vinoderm, a well-known Swiss brand developed by Skin Concept Laboratory, has launched in UAE its anti-aging products derived from ‘Pinot Noir’, a variety of elite red grapes cultivated at the foothills of the Swiss Alps.

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Health & Environment

Medcare Hospital offers care under Saada scheme

Medcare Hospital, a premium private general medical facility in Dubai, UAE, has announced that it has been empanelled with the Dubai Government-funded Saada Health Insurance Program for citizens.

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Miscellaneous

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