Friday 4 December 2020

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SALARIES HIT IN MOST COUNTRIES
Vaccine arrival may not stop pressure on wages: ILO

Global pressure on wages from Covid-19 will not stop with the arrival of a vaccine, the head of ILO has warned, releasing a report that showed how the pandemic had slowed or reversed a trend of rising wages across the world.

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HISTORIC DEAL INKED WITH ISRAEL
Gulf Air set to launch Tel Aviv operations from January 2021

Bahrain's national airline Gulf Air and Israel's flag-carrier EL AL are set to embark on a historic collaboration following the signing of a key deal between the two countries. Gulf Air will be launching its debut Tel Aviv operations on January 7, 2021.

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2

40 MILLION DOSES ORDERED
UK becomes first in the world to approve Pfizer's Covid vaccine

The UK has become the first country in the world to approve the Pfizer/BioNTech coronavirus vaccine, paving the way for mass vaccination. Britain's medicines regulator, the MHRA, says the jab offers up to 95% protection against Covid-19 illness.

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3

ANALYSIS
Four cybersecurity trends in the next normal

The pandemic has put Chief Information Security Officers (CISOs) in front of their organisations’ path forward, said Cisco in a new report, highlighting its predictions for what 2021 will hold for the privacy and cybersecurity landscapes.

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4

SPECIAL REPORT
Over 1bn will have access to 5G by year-end: Ericsson

More than one billion people – 15 percent of the world’s population –will live in an area that has 5G coverage rolled out by the end of 2020, according to the latest edition of the Ericsson Mobility Report.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate

Arabtec says to go ahead with its liquidation plan

Dubai-based contractor Arabtec Holding said it will go ahead with the plans to file application for liquidation owing to its untenable financial position due to Covid. The company had in September won approval from its shareholders in this regard.

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Retail & Wholesale

Bahrain's Mall of Dilmunia announces new tenant deals

Bahrain-based Dilmunia Mall Development Company said it has achieved a key milestone at its retail destination, Mall of Dilmunia, securing several leading brands as tenants in addition to the existing ones swiftly starting their store fit-out work.

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Energy, Oil & Gas
Finance & Capital Market

S&P Global to acquire IHS Markit for $44 billion

Business information provider S&P Global and analytics leader IHS Markit have entered into a merger agreement to combine in an all-stock transaction which values IHS Markit at an enterprise value of $44 billion, including $4.8 billion of net debt.

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Analysis, Interviews, Opinions

Over 1bn will have access to 5G by year-end: Ericsson

More than one billion people – 15 percent of the world’s population –will live in an area that has 5G coverage rolled out by the end of 2020, according to the latest edition of the Ericsson Mobility Report.

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Industry, Logistics & Shipping

Breakbulk Middle East to put spotlight on women achievers

Breakbulk Middle East, a leading industry event for project cargo sector, will kick off next February in Dubai. A major highlight at the show will be Women in Breakbulk initiative that will feature several women holding leadership roles in this sector.

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Travel, Tourism & Hospitality

Dur Hospitality opens new Holiday Inn & Suites Al Jubail

Dur Hospitality has inaugurated the four-star Holiday Inn & Suites in Al Jubail Industrial area, adding a new property to its rich lineup of hotels and accommodation offerings spread all around Saudi Arabia.

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IT & Telecommunications

Microsoft aims to bring Android apps to Windows 10

Microsoft is working on a software solution that would allow app developers to bring their Android apps to Windows 10 with little to no code changes by packaging them as an MSIX and allowing developers to submit them to the Microsoft Store.

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Lifestyle

Arada unveils revamped Madar at Sharjah lifestyle project

UAE developer Arada has unveiled a revamped Madar at its new family entertainment complex, Aljada, based in the heart of Sharjah’s largest lifestyle megaproject, in time for UAE national day celebrations and the start of the winter events season.

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Motoring

Kanoo Motors welcomes Pagani to Bahrain

Kanoo Motors, the Nation’s leading automotive retailer and service provider in Bahrain, has been awarded the exclusive service contract for Pagani vehicles in the kingdom.

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Health & Environment

UK becomes first in the world to approve Pfizer's Covid vaccine

The UK has become the first country in the world to approve the Pfizer/BioNTech coronavirus vaccine, paving the way for mass vaccination. Britain's medicines regulator, the MHRA, says the jab offers up to 95% protection against Covid-19 illness.

More…
Media & Promotion

Bahrain expo centre on track; 80pc foundation completed

Steady progress is being made on the Bahrain International Exhibition and Convention Center coming up at Sakhir region of the kingdom, with 80 per cent of the foundations work, including the central foyer and service buildings, already completed.

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Education, HR & Training

GFH acquires Athena special education school

GFH Financial Group has acquired Athena Private School for Special Education, Bahrain further building the group’s regional education portfolio valued at more than $250 million.

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Miscellaneous

It's Hamilton again in Bahrain Grand Prix

Newly-crowned seven-time champion Lewis Hamilton has taken his 11th victory of the 2020 season at the Bahrain Grand Prix – in a race whose start was overshadowed by a horror crash for Haas’ Romain Grosjean.

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