Thursday 18 December 2014

0

$117m EXPANSION DEAL
French firm wins Doha wastewater plant contract

French-based utility company Suez Environnement has signed a contract to expand the Doha West wastewater treatment and recycling plant for 94 million euros ($117 million) from Qatar’s Public Works Authority.

more…

1

FREEHOLD DEALS FALL ONE-THIRD
Dubai off-plan residential sales retain strength

With freehold transactions falling by almost one third in total during the third quarter of the year, Dubai’s off-plan residential sales market is still buoyant and continues to attract regional and international investors, a report said.

more…

2

FACILITY TO OPEN IN 2017
IHCC wins project for 300-bed hospital in Ajman

Saudi Arabia-based International Hospitals Construction Company (IHCC), a leading turnkey solutions provider, has launched a project for the 300-bed Saudi German Hospital in Ajman by hosting a stone laying ceremony to mark the occasion.

more…

3

SPECIAL REPORT
Banks top insurers for trust in UAE, Saudi

In Saudi Arabia and the UAE, the level of consumer trust in insurers is just 52 per cent, compared to 73 per cent for supermarkets, 71 per cent for banks, and 67 per cent for pharmaceutical companies, a report said.

more…

4

ANALYSIS
Saudi construction sector on track to hit 11pc growth

A rising population, plans to overcome the housing shortage and efforts to develop the transport network will set the Saudi Arabian construction industry on track to record a growth of 10.98 per cent CAGR until 2018, a report said.

more…

5

IMAGE OF THE DAY
Hope amid chaos

Rescuers search for survivors in the rubble of a collapsed five-storey residential building in Nairobi on December 17. Over 30 families are believed to have been living in the building. Unknown number of people remain trapped in the debris.

more…

Top Trade News

icondown

Industry Sectors

Construction & Real Estate

French firm wins Doha wastewater plant contract

French-based utility company Suez Environnement has signed a contract to expand the Doha West wastewater treatment and recycling plant for 94 million euros ($117 million) from Qatar’s Public Works Authority.

More…
Retail & Wholesale

Majid Al Futtaim forays into mobile commerce

UAE-based Majid Al Futtaim (MAF), a shopping mall and leisure pioneer, has entered into a partnership with Beam Wallet, a mobile commerce platform, a move which marks a first-time entry into the fast growing tech industry for the former.

More…
Energy, Oil & Gas

Kuwait Energy finds new hydrocarbon site in Egypt

Kuwait Energy, an independent oil and gas company, and its partner the Egyptian General Petroleum Corporation (EGPC), have announced the discovery of hydrocarbons on the East Ras Qattara development lease in Egypt.

More…
Finance & Capital Market

Oman Air, StanChart sign landmark financing deal

Oman Air, the national carrier of Sultanate, and Standard Chartered, have signed a sale and operating leaseback transaction for three B737-800 aircraft, through its Aviation Finance team - Pembroke.

More…
Analysis, Interviews, Opinions

Banks top insurers for trust in UAE, Saudi

In Saudi Arabia and the UAE, the level of consumer trust in insurers is just 52 per cent, compared to 73 per cent for supermarkets, 71 per cent for banks, and 67 per cent for pharmaceutical companies, a report said.

More…
Industry, Logistics & Shipping

Egypt set to pass mining, industrial land laws

Egypt will pass laws next week related to mining and the allocation of industrial land as it pursues reforms to attract foreign investors deterred by political turmoil, the investment minister said on Tuesday.

More…
Travel, Tourism & Hospitality

Etihad inks codeshare with Hong Kong Airlines

Etihad Airways, the national airline of the UAE, and Hong Kong Airlines, a global carrier, have signed a codeshare agreement to provide travellers with enhanced connections between Asia, the Middle East and Europe.

More…
IT & Telecommunications

Thuraya launches entry-level satellite phone

Thuraya Telecommunications Company, a leading mobile satellite services (MSS) operator, has launched an entry-level satellite phone that provides users with instant satellite connectivity.

More…
Lifestyle

Hyatt Regency Dubai Creek to open in March

Hyatt Hotels & Resorts and wasl Hospitality, a subsidiary of wasl Asset Management, a top real estate management company in Dubai, have announced that Hyatt Regency Dubai Creek Heights will launch in March 2015.

More…
Motoring

Bosch develops new safety system for motorcycles

With an eye on speed causing 90 per cent of traffic accidents on Dubai roads, German technology firm Robert Bosch has developed the world’s first all-in-one safety system for motorcycles which will help to save lives.

More…
Health & Environment

RAK FTZ in tie-up to boost green resources

Ras Al Khaimah Free Trade Zone (RAK FTZ) has partnered with the Environment Protection and Development Authority (EPDA) in a move to protect the earth’s resources and support the setup of industrial businesses in RAK FTZ.

More…
Media & Promotion

New Arab news channel to launch on February 1

Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, chairman of Kingdom Holding Company (KHC), and owner of Alarab News Channel, announced that the channel would begin transmission on February 1, 2015.

More…
Education, HR & Training
Miscellaneous

Rainbow Freshy wins Middle East’s beverage award

Rainbow Milk said recently launched Freshy, the naturally flavoured diary drink, has won the Middle East’s Beverage Award in the diary drink category at the Arab-Asian Alliance (AABA) Awards.

More…
Exchange rates table is provided by DailyForex.com - Forex Reviews and News

Live commodities widget is provided by DailyForex.com - Forex Reviews and News

calendarCalendar of Events

Ads

DHgate.com

Browse latest range of products on wholesale rate including Plastic Injection Mold Makers, Medical Equipments, Ceramic Tiles and industrial tower cranes for sale by Kerui powered by: Telco Corp.