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18pc UPSURGE BY YEAR-END
Egypt’s Zohr gas output hits 2.7 bcfd ahead of schedule
Italy-based multinational oil and gas major Eni said that the production from Egypt’s Zohr field has now reached more than 2.7 billion cubic feet per day (bcfd), about five months ahead of the Plan of Development (PoD).
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PROFITS UP 26.8pc
DP World revenues up 31.9pc in H1 to $3.46bn
Dubai-based global marine terminal operator DP World has reported achieving a revenue of $3.463 billion during the first half of 2019, a growth of 31.9 per cent, compared to $2.626 billion during the same period in 2018.
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28GW CLEAN ENERGY PER YEAR
Almarai completes Al Kharj solar PV project
Saudi Arabia-based Almarai, a global specialist in food and beverage manufacturing and distribution, has completed its Al Kharj Solar Project, making it the largest ground mount solar photovoltaic (PV) installation operating in the kingdom.
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SPOTLIGHT
It’s time to change your mind on things – literally
What are the so-called impossibilities that are just waiting for someone to debunk, the myths that have yet to be busted? The truth is, they are everywhere, says an expert in a post on Aurecon’s Just Imagine blog.
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ANALYSIS
Boeing MAX 'situation costs airlines $1bn per month'
In March, aviation regulators and airlines around the world grounded the Boeing 737 MAX airliner after two new aircraft crashed in five months, killing 346 people aboard. While the decision was reasonable, it was an expensive one, an aviation expert said.
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NEWS IN PICTURES
Through the lens
The UAE is set to welcome renowned Photojournalist, Mobeen Ansari for his first solo exhibition in the region next month.
Top Trade News
 | Industry Sectors |
Reportage to deliver 5 projects in next 3 years
Abu Dhabi-based Reportage Properties, a leading real estate developer, said that it is ready to hand over five new developments in Abu Dhabi within two to three years.
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Samsung launches new curved gaming monitor
Samsung Electronics has announced the European launch of its new CRG5 gaming monitor, the latest of Samsung’s Curved Gaming Monitors, at gamescom 2019, running in Cologne, Germany from August 20 to 24.
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Dubai, China to enhance clean energy cooperation
Dubai and China have expressed keenness to enhance cooperation in energy-related areas, especially clean and renewable energy.
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UAE first in Mideast to launch India’s RuPay card
The UAE will be the first country in the Middle East to witness the launch of RuPay card, "an Indian indigenous equivalent of Mastercard or Visa," during the visit of Indian Prime Minister Narendra Modi this weekend, a media report said.
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5G infrastructure revenue ‘to hit $24bn in 2020’
The worldwide 5G wireless network infrastructure revenue will reach$4.2 billion in 2020, an 89 per cent increase from 2019 revenue of $2.2 billion, said research and advisory firm Gartner in a new report.
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Elemica unveils new customer portal assistant
Elemica, a leading digital supply network for process manufacturing industries, has introduced Elemica Customer Portal Assistant that includes a self- service data management solution.
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India's Vistara launches daily flights to Dubai
Vistara, India's fastest growing full-service carrier and a joint venture of Tata Sons and Singapore Airlines, yesterday inaugurated its daily service between Mumbai and Dubai.
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MDSap launches roadshow to promote digitization
MDSap, a gold partner of SAP and expert in SAP’s platform and technology (P&T) solutions, has announced the launch of a roadshow that presents how digitization can sharpen business efficiency and productivity.
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Quintessentially appoints C&B as PR partner
Quintessentially, a leading global luxury lifestyle group has appointed Cicero & Bernay Public Relations (C&B), an independent Dubai-based PR firm as its official communication partner.
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UAE EV market ‘to see 32.1pc growth until 2025’
The UAE electric vehicle market revenues are projected to grow at a compound annual growth rate (CAGR) of 32.1 per cent during 2019-25, said global market research and consulting firm 6Wresearch in a new report.
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Aster Volunteers helps 45,000 flood victims in India
Aster Volunteers, the global CSR programme of Aster DM Healthcare, one of the largest healthcare service providers in GCC, has supported over 45,000 people impacted by floods in the Indian states of Kerala and Maharashtra.
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Facebook announces new updates to enhance Instagram security
Facebook is announcing two updates to further strengthen Instagram’s security and help protect people who use the platform.
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MBRF to hold 6th Knowledge Summit in November
The Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF) has announced plans to launch the sixth annual Knowledge Summit on November 19 and 20 at the Dubai World Trade Centre.
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Nakheel has a date with dates; 3,500 kg donated
Dubai-based master developer Nakheel is teaming up with the Dar Al Ber Society to distribute more than 3,500 kg of dates to people in need.
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