Wednesday 10 February 2016

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12pc SAVINGS SEEN
Dubai can help redesign Mideast airspace: Sheikh Ahmed

Dubai is prepared to help countries in the region with their air traffic navigation and to redsieng the airspace as part of its policy, a senior official has said.

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1

FOCUS ON EUROPEAN MARKETS
Kuwait to raise crude output, sign export deals

Kuwait plans to raise its crude oil production by 150,000 barrels per day (bpd) in the third quarter and aims to sign new export deals with European customers soon, a senior Kuwaiti official was quoted as saying.

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2

BOOST TO SELF-DRIVING CARS
Google computers can qualify as drivers says US

US vehicle safety regulators have said the artificial intelligence system piloting a self-driving Google car could be considered the driver under federal law, a major step toward winning approval for autonomous vehicles on the roads.

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3

SPOTLIGHT
Millennials shifting car ownership trends

When Toyota Motor looked to the future at the turn of the millennium and aimed its new, edgy Scion small-car brand at 20-somethings, it could not have guessed that the model would be dead after just 12 years.

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4

FOCUS
Economic confidence among Mena CEOs falls to 3-year low

Economic confidence among chief executive officers in the Middle East and North Africa (Mena) region slipped in the final quarter of last year to a three-year low, according to a recent report.

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5

NEWS IN PICTURES
Blast horror

Damaged cars are seen at a site of bombing in Damascus, Syria on February 9. At least eight policemen were killed in an explosion that rocked the parking lot of the Syrian police officers' club.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate
Retail & Wholesale

Dubai to press ahead with world's largest mall

Dubai will press ahead with plans to build the world's largest shopping mall despite an economic slowdown looming in the region, but would assess market demand before proceeding with the project's later stages, an official said.

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Energy, Oil & Gas

Enec, Transco sign power supply deal for UAE grid

The Emirates Nuclear Energy Corporation (Enec) has signed a connection and interface agreement (C&IA) with the Abu Dhabi Transmission & Despatch Company (Transco).

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Finance & Capital Market
Analysis, Interviews, Opinions

Mideast eyes bigger role for renewables

With power demand across the Middle East expected to grow at 9.9 per cent a year until 2020, governments are keen to increase the share of renewables in the power mix, a report said.

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Industry, Logistics & Shipping
Travel, Tourism & Hospitality

Dubai Concourse D clears readiness trial

Dubai International Airport’s Concourse D was given the seal of approval by 2,000 residents of the UAE who participated in its first operational readiness trial.

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IT & Telecommunications

Mobily signs roaming deal with Vodafone

Saudi Arabia's Etihad Etisalat Mobily has signed an international roaming agreement with Vodafone Group covering 21 countries around the world.

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Lifestyle

$1bn luxury project coming up at Shakespeare theatre site

UK residential developer Galliard Homes has joined hands with top developers Cain Hoy and McCourt and Chinese real estate group Vanke to launch a £750-million ($1.07 billion) mixed-use project - The Stage in Shoreditch, UK.

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Health & Environment

Medtronic launches Valleylab energy platform

Medtronic, a leader in medical technology, has launched the Valleylab FT10 energy platform at the recently concluded Arab Health Exhibition and Congress in Dubai, UAE.

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Media & Promotion

Future of Mena TV viewing in focus at Cabsat

Influential decision-makers from major studios, production houses and on-demand providers will discuss the future of TV viewing across the Middle East and North Africa (Mena) region at Cabsat 2016.

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