Wednesday 30 July 2014

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‘MEDIA STUNT’ SAYS HAMAS
Israel offers 4-hour humanitarian ceasefire in Gaza

The Israeli military said on Wednesday it would hold fire unilaterally in limited areas of the Gaza Strip for four hours from 3 p.m. (1200 GMT) for humanitarian purposes, an army statement said.

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1

STAKE DEAL
Etihad set to get final Alitalia proposal

Italy's loss-making flag carrier Alitalia is working on a final proposal to present to Etihad on Thursday in a push to lock in an investment by the Abu Dhabi-based airline, a person close to Alitalia shareholders said on Wednesday.

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2

PARTS, TRAINING PART OF DEAL
US to sell $700 million worth missiles to Iraq

The US has approved the sale of 5,000 Hellfire missiles to Iraq to battle tanks and other armoured vehicles in a deal valued at $700 million, the country’s Defense Security Cooperation Agency said.

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3

ANALYSIS
Service providers key to success in the digital era

As enterprises move to become digital businesses, service providers should adapt their organisational structure, capabilities, offerings and engagement and delivery models to thrive in the new digital environment, said an industry expert.

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4

TECHNOLOGY
Always misplacing keys, wallet? New apps may help

Finding misplaced keys, wallets and purses could get easier with new apps that take the guess work out of trying to remember where they might be.

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5

IMAGE OF THE DAY
Artistic balance

Olivia Vivian of Australia wobbles during her beam routine during the women's gymnastics team final at the 2014 Commonwealth Games in Glasgow, Scotland on July 29.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate

OHL to sue Qatar Foundation over Sidra project

Spanish contractor Obrascón Huarte Lain (OHL) is planning legal action against Qatar Foundation, a leading education and cultural organisation in the country, related to a major project, reports said.

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Retail & Wholesale

Qatar Foundation, Lulu in online shopping deal

Qatar Foundation (QF) and major retailer Lulu Group International have signed a memorandum of understanding (MoU) to establish an online shopping portal for Qatar Foundation community members.

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Energy, Oil & Gas

Cannot seize Kurdish crude for now: US court

The dispute over a tanker carrying $100 million in Iraqi Kurdish oil took a surprising turn on Tuesday when a US judge said she lacked jurisdiction given the ship's distance from the Texas shore and urged that the case be settled in Iraq.

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Finance & Capital Market

Saudi FDI opening ‘may slow down IPOs’

Saudi Arabia's decision to open its stock market (Tadawul) to foreign direct investment (FDI)could curb initial public offerings (IPOs) in the kingdom, a report said.

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Analysis, Interviews, Opinions
Industry, Logistics & Shipping

US firm to provide Sadara security vehicle

Global Digital Solutions (GDSI) plans to ship a high-end, mobile command and control vehicle to Sadara, a petrochemical joint venture between Dow Chemical and Saudi Aramco.

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Travel, Tourism & Hospitality

UN agency to form airline safety task force

The UN's civil aviation body said it would quickly form a task force on airline safety, noting that while this was complex and politically sensitive, urgent action had to be taken after the recent downing of a Malaysian airliner.

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IT & Telecommunications

Du completes 800MHz trial; to offer new experience

Du, a leading telecommunications service provider in the UAE, has announced a milestone with the successful field test for LTE-A carrier aggregation between the 800MHz band and the 1800MHz band.

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Government & Laws

'Some Bahrain firms seizing worker IDs'

A worrying new trend has emerged of unscrupulous employers confiscating all their workers' identity documents in Bahrain, according to a noted rights activist.

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Motoring

Bahrain dealer holds Jaguar Land Rover show

Euro Motors, the exclusive dealer for luxury automotive manufacturer Jaguar Land Rover in Bahrain, is showcasing a wide range of its luxury vehicles at the City Centre Bahrain, a major shopping and leisure destination.

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Health & Environment

WHO shocked by hits on health services in Gaza

The World Health Organization (WHO) has been appalled by the continuing trend for healthcare facilities, staff and vehicles to come under direct fire in Gaza since the escalation of violence on July 8.

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Media & Promotion

Twitter's user growth up 24pc in Q2

Twitter's monthly active users rose a better-than-expected 24 percent in the second quarter as the online messaging service mostly succeeded in stemming a dwindling pace of growth, sending its shares soaring after hours.

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Education, HR & Training

Gulf Capital invests in school operator

Gulf Capital, a regional alternative investment firm, has announced the completion of an investment in private school operator Evolvence Knowledge Investments (EKI) through Gulf Credit Partners, its regional fund.

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Miscellaneous

Mazola targets 25pc growth in 2 years

Saudi Arabia-based Mazola, one of the leading food product brands in the region, is targeting a 25 per cent growth in sales over the next two years.

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