Friday 3 April 2020

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WORKS LAUNCHED ON 216-km ROUTE
Etihad Rail awards $230m contract for O&M facility

Etihad Rail, he developer and operator of the UAE's integrated railway network, has awarded a contract worth Dh846 million ($230 million) for construction of the central Operation and Maintenance (O&M) facility at Al Faya, Abu Dhabi.

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LONDON, EUROPEAN CITIES ON LIST
Emirates to restart some flights from April 6

Emirates has announced that the airline has received approvals to carry passengers on certain flights, which will start from April 6.

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2

AFTER TRUMP'S REQUEST
Saudi Arabia calls for urgent OPEC+ meeting

Saudi Arabia has called for an urgent meeting for OPEC+ group and other countries, with the aim of reaching a fair agreement to restore the desired balance in oil markets.

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ANALYSIS
Is ICT tech keeping its promise as pandemic hits the world?

As the world faces the unprecedented Covid-19 crisis, information and communication technologies (ICT) is playing a critical role in bringing people together while social distancing is being practiced across the world, highlights an industry expert.

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4

ANALYSIS
UAE ‘will emerge as a world leader in drone services’

The UAE will emerge as a world leader in using drone capabilities in a growing list of fields, said experts at Falcon Eye Drones Services (FEDS), a leader in drone technologies and one of the world’s top Drone-as-a-Service (DaaS) companies.

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5

NEWS IN PICS
Virtual Aurora

With the world on lockdown due to COVID-19 – one tourism company has gone above and beyond to give people around the world the chance to experience Lapland in all its majesty – without having to leave the confines of their homes.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate

Abengoa consortium wins Saudi desalination project contract

Spanish group Abengoa said its consortium with the engineering and construction company SEPCOIII, has been awarded a contract by Acwa Power to build a 600,000-cu-m-per-day reverse osmosis (RO) desalination plant in Saudi Arabia.

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Retail & Wholesale

Union Coop distributes 24pc cash dividends for 2019

Union Coop, the largest consumer co-operative in the UAE, has distributed 24 per cent cash dividends in addition to 6 per cent return on shareholder purchases for the FY 2019. It had achieved a net profit of Dh512.8 million, up 10 per cent over 2018.

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Finance & Capital Market

UAE names new Central Bank governor

UAE President HH Sheikh Khalifa bin Zayed Al Nahyan has issued a federal decree for 2020 appointing Abdulhamid Saeed as the new Central Bank Governor. An industry veteran, Saeed boasts over 35 years of experience in banking and financial services.

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Analysis, Interviews, Opinions

Is ICT tech keeping its promise as pandemic hits the world?

As the world faces the unprecedented Covid-19 crisis, information and communication technologies (ICT) is playing a critical role in bringing people together while social distancing is being practiced across the world, highlights an industry expert.

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Industry, Logistics & Shipping

Gulftainer fast-tracks medical supply consignments

Gulftainer, the world’s largest privately-owned, independent port operator based in the UAE, has launched an interim and complimentary ‘Express Service Lane’ initiative to prioritise the delivery of medical supply consignments at its ports across the UAE.

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Travel, Tourism & Hospitality
IT & Telecommunications
Lifestyle

Brand-new HONOR 9X PRO launched in UAE

HONOR has launched the HONOR 9X PRO, the first smartphone that is equipped with the state-of-the art 7nm Kirin 810 AI Chipset and pre-installed with the Huawei AppGallery, in the UAE immediately following the global reveal of the brand-new device.

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Motoring

Al Masaood TBA offers free services

Underscoring its commitment to the society and as a gesture of gratitude, Al Masaood Tyres, Batteries and Accessories (TBA) announced that it is now offering free services to healthcare workers who are battling the coronavirus pandemic in the UAE.

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Health & Environment
Media & Promotion

Microsoft sees 70pc surge in Skype usage

Microsoft said that the number of people using its Skype video calling system has surged by 70 per cent in a month to 40 million people using it daily, as more people stay home due to the coronavirus outbreak.

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Education, HR & Training

CBSE's remaining X, XII exams in GCC cancelled over Covid-19

The Central Board of Secondary Education (CBSE) has announced that all the remaining exams for Grades 10 and 12 in the Gulf (and outside India) have been cancelled this year in view of the Covid-19 coronavirus outbreak.

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Miscellaneous

24-hour curfew in Makkah, Madinah

Saudi Arabia's Ministry of Interior has announced a 24-hour curfew in all parts of the cities of Makkah and Madinah in line with the kingdom’s efforts to confront the novel coronavirus pandemic.

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