Saturday 25 June 2022

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FAITHFUL+GOULD KEY CONSULTANT
Masdar City starts work on key net-zero energy office tower

Masdar City, a leading technology and innovation hub, has broken ground on its 29,000-sq-m sustainable urban development - the Masdar City Square (MC2) headquarters - which on completion is set to become Abu Dhabi’s first net-zero energy office building.

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1

KEY FOR PREMIUM ALUMINIUM
EGA to produce silicon metal in UAE

Emirates Global Aluminium, the largest industrial company in the UAE outside oil and gas, has announced that the company is to develop a project to manufacture silicon metal in the UAE, securing supplies of a key raw material for ‘premium aluminium’.

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2

NEW COOP DEAL WITH THALES
SANS ties up with Spain's Indra to develop virtual control towers

Saudi Air Navigation Services (SANS) has sealed a partnership with Spanish air navigation giant Indra Sistemas to develop virtual air control towers as well as a cooperation deal with Thales Aerospace for a maintenance management system designed by SANS.

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3

SPOTLIGHT
What do Gen Z travellers seek - an insight

The inclination to travel in the next 12 months is at its highest among 18–24-year-olds - the Gen Z, says a YouGov study.

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Top Trade News

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Industry Sectors

Construction & Real Estate

Etihad Rail signs $327m deal for passenger trains with CAF

Etihad Rail, the developer of UAE's rail network, has signed a AED1.2 billion ($327 million) agreement with Spanish group CAF for the design, manufacture, supply and maintenance of passenger trains as per the European standards for its new rail network.

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Retail & Wholesale

Adib and Visa sign exclusive partnership deal

Abu Dhabi Islamic Bank (Adib), a leading financial institution, has signed an exclusive deal with Visa to further grow digital payments in the UAE, offering innovative and customer-centric solutions to Adib cardholders.

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Finance & Capital Market

Backbase seals partnership with Bahrain FinTech Bay

Backbase, a key engagement banking platform provider, has joined hands with Bahrain FinTech Bay, one of the leading fintech hubs in Mena, to help accelerate digital banking adoption in the region and offer new opportunities for key regional players.

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Analysis, Interviews, Opinions

How to prevent SMBs from fuelling supply chain attacks

Small and medium-sized businesses (SMBs), increasingly vulnerable to cyber-attacks, should consider engaging an experienced Managed Security Service Provider (MSSP).

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Industry, Logistics & Shipping

Egypt, Saudi sign $7.7bn deals; focus on infra, green energy

Egypt and Saudi Arabia have signed 14 agreements worth $7.7 billion covering key sectors such as infrastructure, industrial, green hydrogen and renewable energy during the recent visit to Cairo by Saudi Crown Prince HRH Prince Mohammed bin Salman.

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Travel, Tourism & Hospitality

Thousands of holidaymakers suffer as chaos hits UK airports

Thousands of holidaymakers have been affected by the sudden cancellation of flights at London's Heathrow Airport due to technical issues affecting baggage, said media reports. It comes on the first of three days of nationwide rail strikes in Britain.

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IT & Telecommunications

Awris picks GBM Bahrain for digital transformation

The Arab War Risks Insurance Syndicate (Awris), which backs local Insurance markets in the Gulf, has chosen Gulf Business Machines (GBM) in Bahrain to fast-track its digital transformation by implementing a new re-insurance system.

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Lifestyle

Iffco opens largest out-of-home engagement centre in Dubai

Iffco Out of Home has officially opened the customer engagement centre (CEC), the largest of its kind in the region at Dubai. Spread over a 2,300 sq m area, the CEC is fully equipped with dedicated areas for baking, culinary kitchens and beverages.

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Health & Environment

Pure Health commits $2.72 bn to local procurement

Pure Health, the UAE’s largest integrated healthcare group, has committed AED10 billion ($2.72 billion) over the next 10 years in local procurement as part of its decision to join the National In-Country Value Programme.

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Media & Promotion

50 businesses advance to pitch for investment on Beban season 2

A total of 50 businesses have advanced to the Season Two of Bahrain's first entrepreneurship-themed reality show, Beban, produced by Hope Ventures, the investment arm of Hope Fund, a major fund established on the directives of His Majesty King Hamad.

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Education, HR & Training

New senior leaders join American School of Bahrain

The American School of Bahrain (ASB) recently onboarded two new appointees to key positions at the school as part of its efforts to elevate student experience and the quality of education.

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Miscellaneous
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