Monday 25 September 2017

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10pc CARS TO GO GREEN
Dubai in bid to boost use of electric, hybrid vehicles

The Dubai Supreme Council of Energy has announced incentives to encourage community members to use electric and hybrid vehicles, and promote the use of sustainable transport, which will have a lower average annual energy consumption rate.

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MEAT, METALS TOP LIST
UAE, Brazil non-oil trade hits $2.7 billion in 2016

The non-oil trade exchange between the UAE and Brazil reached some $2.7 billion during 2016, said a report, noting that the bilateral trade between the two countries has maintained elevated levels during recent years.

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2

JOBS FOR 1,500
Indian major to set up $300m cotton yarn plant in Sohar

ShriVallabh Pittie Group (SVP), one of the largest producers of cotton yarn in India and a global leader, has signed a land lease agreement to establish a new $300-million plant in Sohar Freezone to manufacture a wide range of cotton yarn.

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3

ANALYSIS
90pc of energy companies seeking smart tech JV

Ninety per cent of energy companies from the EMEA and Asia-Pacific regions are actively seeking a smart energy technology joint venture or acquisition, said a report by global 100 law firm Pinsent Mason.

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4

SPECIAL REPORT
Data breach cases surge 164pc in H1: report

A total of 918 data breaches led to 1.9 billion data records being compromised worldwide in the first half of 2017, marking a 164 per cent rise compared to the last six months of 2016, according to a new report released by Gemalto.

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5

NEWS IN PICTURES
Car of the future

Audi has launched its four-door design vision Audi Aicon, presenting an autonomous Audi of the future – with no steering wheel or pedals.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate

Saudi Arabia unveils new schemes to boost real estate

The Saudi government has launched a series of programmes and initiatives to help increase the rate of property ownership and boost the kingdom's real estate sector as part of its Vision 2030, said a report.

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Retail & Wholesale

Japan’s Freetel enters Egypt smartphone market

Plus One Global, the Tokyo-based maker and seller of Japan’s Freetel brand of budget smartphones, has launched in Egyptian Market in partnership with Egypt's largest smart phone distributor, MTI Group.

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Energy, Oil & Gas

DGCX’s Dubai India Crude Oil Futures named best new derivatives contract

The Dubai Gold and Commodities Exchange’s Dubai India Crude Oil Futures (DICO) contract has been recognised as the ‘Best New Derivatives Contract’ at this year’s FOW Global Investor Asia Capital Markets Awards 2017.

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Finance & Capital Market

Key conclave to catalyse India-UAE ties

With India and the UAE forging strategic ties across a spectrum of shared interests, this is an opportune time for key stakeholders from both nations to engage in strategic discussions and catalyse economic growth.

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Analysis, Interviews, Opinions

Investment flow between GCC, India ‘rising rapidly’

The GCC nations and India are bolstering ties across key areas as they realize the potential of strategic cooperation, said an industry expert, noting that investment flows between the regions are rising rapidly.

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Industry, Logistics & Shipping

Indian major to set up $300m cotton yarn plant in Sohar

ShriVallabh Pittie Group (SVP), one of the largest producers of cotton yarn in India and a global leader, has signed a land lease agreement to establish a new $300-million plant in Sohar Freezone to manufacture a wide range of cotton yarn.

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Travel, Tourism & Hospitality

Sharjah hotels report 98pc increase in Russian guests

Russia is one of Sharjah’s major tourism source markets, with the UAE emirate recording a 98 per cent increase in Russian guests during the the first half of the year, a top official revealed.

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IT & Telecommunications

Network Intelligence firm Procera acquires Sandvine

Procera Networks, a global leader in Network Intelligence, said it has completed the acquisition of Sandvine Corporation, a leading provider of intelligent broadband network solutions for fixed and mobile operators.

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Motoring

Hyundai has flexible approach to sustainable motoring

Hyundai is taking a leading role in the transition towards a more sustainable motor industry, by creating a practical path forward in moving from fossil fuels to electric vehicles that will suit a wide range of markets, the company said.

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Health & Environment

Prime gets ‘Superbrands’ status for second year

UAE-based Prime Healthcare Group said it has been awarded the prestigious ‘Superbrand’ status for the second year in a row which embodies the pinnacle of excellence in healthcare branding within the emirates.

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Media & Promotion

D3 showcases regional designs at London fest

Dubai Design District (d3) showcased the works of 18 designers across the Middle East region at the four-day designjunction event running from 21 to 24 September, a part of London Design Festival.

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Education, HR & Training

ADU among global top 10 for student diversity

Abu Dhabi University (ADU) has been ranked ninth globally on the "International Student Index" in Quacquarelli Symonds’ QS World University Rankings 2018 for its multicultural and international student body.

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Miscellaneous

Dubai SME to host 30 entrepreneurs at Global Village

Mohammed bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME) will host 30 entrepreneurs to participate in the 22nd season of the Global Village, which will open on November 1.

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