Monday 27 February 2017

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2016 PRODUCTION HITS 10,000MW
Dewa to build 97 substations at cost of $2.7 billion

The Dubai Electricity and Water Authority (Dewa) plans to build 97 new 132/11 kilovolt (kV) substations over the next three years, at a projected cost of Dh10 billion ($2.72 billion).

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1

ICONIC 3310 GETS MODERN TWIST
HMD unveils new generation Nokia smartphones

Finland-based HMD Global, the home of Nokia phones, has unveiled a new generation of Nokia smartphones, setting a new standard in design and user experience ahead of the Mobile World Congress opening today in Barcelona, Spain.

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2

MOVE TO ENHANCE EFFICIENCY
Qatar's QVC integrated with Qapco

Qatar Petroleum (QP) today announced a plan to integrate the activities of Qatar Vinyl Company (QVC), which is part of Mesaieed Petrochemical, into Qatar Petrochemical Company (Qapco), which is part of Industries Qatar.

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3

ANALYSIS
Reforms open window for new investment in Egypt

The current economic reforms in Egypt, in particular the draft investment law and the floatation of the pound, herald a new era for the country and present the time for business expansion and foreign investment, said an industry expert.

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4

SPECIAL REPORT
Seven Earth-size planets found, may hold life: Nasa

Nasa has found a solar nearby solar system with seven Earth-size planets, with three of them orbiting at the right distance for liquid surface water, enhancing the prospects of discovering extraterrestrial life.

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5

NEWS IN PICTURES
Matter of life

An installation (reading 'LIFE') made by used smartphones placed in Jakarta, Indonesia on February 26. Greenpeace activists staged the campaign to highlight the environmental impact of electronic devices.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate

Diyar Al Muharraq backs Gulf Property Show

Diyar Al Muharraq, one of the leading urban developers in Bahrain, has signed an agreement with Hilal Conferences and Exhibitions (HCE) for its annual strategic sponsorship of the upcoming Gulf Property Show 2017.

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Retail & Wholesale

IKEA scoops 'No 1 retailer brand' title in Saudi Arabia again

Ghassan Ahmed Al Sulaiman Furniture Trading Co Ltd, IKEA Saudi Arabia, a leading home furnishings retailer in the kingdom, has been ranked for the second consecutive year as number one retailer in Saudi Arabia by YouGov BrandIndex.

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Energy, Oil & Gas

Schmidt opens Middle East HQ in Kizad

Schmidt Middle East logistics, a wholly owned company by Schmidt Heilbronn, has launched operations of its multi-user logistics hub based in Khalifa Port Free Trade Zone (Khalifa Port FTZ) within Khalifa Industrial Zone Abu Dhabi (Kizad).

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Finance & Capital Market

800 top executives to attend GCC Financial Forum

More than 800 policy makers, regulators and C-level financiers and business leaders from 23 different countries are registered to attend the sixth annual GCC Financial Forum, which opens in Bahrain tomorrow (Feb 27).

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Analysis, Interviews, Opinions

Building the ship of the future

Ships of the future will have to be lighter, smarter, cleaner, more reliable, more efficient, and safer. Sounds like a tall order, but that’s where the industry is headed, say experts.

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Industry, Logistics & Shipping

Qatar's QVC integrated with Qapco

Qatar Petroleum (QP) today announced a plan to integrate the activities of Qatar Vinyl Company (QVC), which is part of Mesaieed Petrochemical, into Qatar Petrochemical Company (Qapco), which is part of Industries Qatar.

More…
Travel, Tourism & Hospitality

ME eyes larger share of $168bn outbound Chinese travel market

Tourism professionals across the Middle East are furthering their efforts to increase their share of the $168 billion global outbound Chinese tourism market, through a number of travel incentives.

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IT & Telecommunications

Batelco, Ericsson enter major network deal

Batelco, Bahrain's leading digital communication provider, and Ericsson have partnered in a major network deal aimed at transforming Batelco’s Bahrain mobile network, to ensure the best customer experience in mobile internet services.

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Motoring

UD Trucks' Quester 'helps lower cost of ownership'

Japanese manufacturer UD Trucks has revealed eight key features of its new Quester range and aftermarket service that will help Middle East businesses lower the cost of ownership and to run with greater efficiency.

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Health & Environment

DHA inks deal with Emirates Hospital Group

The Dubai Health Authority (DHA) has signed an agreement with Emirates Hospital Group to boost cooperation in the field of rehabilitation and provide quality intensive rehab care to the patients.

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Media & Promotion

Bahrain Bay opens new waterfront walkway

Bahrain Bay, a $2.5-billion real estate development located on the north coastline of Manama, has announced the opening of the Promenade, a waterfront walkway inspired by locations such as Sydney (Australia) and Vancouver (Canada).

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Education, HR & Training

City, University of London appoints new regional director

City, University of London today announced the appointment of Dr Kevin Dunseath as its regional director for the Middle East and North Africa (Mena) and also as director of its Dubai Centre.

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