Tuesday 17 July 2018

H3 Dynamics launches AI tool for building inspection

H3 Dynamics Holdings announces the launch of H3 Zoom.AI, a new cloud-based and artificial intelligence enabled services platform that connects with camera drones to offer a safer, faster, and more accurate alternative to dangerous, difficult to reach, or mass-scale maintenance inspection activi


The Big 5, Dubai South launch business seminar

Dubai South, the 145-sq-km urban city development emerging in the emirate of Dubai, in partnership with The Big 5, Middle East’s leading construction event, has announced the launch of the “How to Do Business in the UAE” seminar. The event will take place on Nov


ENBD REIT opens Souq Extra Retail Centre

ENBD REIT (CEIC) Limited, the Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management Limited, has opened the Souq Extra Retail Centre in Dubai Silicon Oasis.   The opening ceremony was attended by the REIT’s chairman,


Renewables could boost global GDP by 1pc: Irena

Accelerated renewables deployment could also boost global GDP by 1 per cent and welfare by 15 per cent compared to business-as-usual, and by 2050 renewables could account for nearly 29 million jobs, up from 10.3 million today, said the International Renewable Energy Agency (Irena) in a new anal


Dubai South logs 400pc growth in number of firms

The Business Park at Dubai South recorded a 400 per cent growth in companies operating in the park since its inception in early 2015 with the number of companies increasing from 900 in 2015 to 4,500 in 2018. An average of 1,500 new companies has joined the park each year. The par


SME share of Dubai GDP at 47pc, workforce at 52.4pc

SME contribution to Dubai's economy rose from 40 per cent in 2009 to 47 per cent in 2016, while their contribution to job creation rose from 42 per cent to 52.4 per cent during the same period, a report said. SME contribution to Dubai's economy rose from 40 per cent in 20


885 houses ready in East Hidd Town

Preparations are in full swing to open the first phase of the East Hidd Town in Bahrain with the main construction work on 885 housing units having been completed, a report said.   “Work on the first phase known as Bu Shaheen Neighbourhood is nearing compl


Al Naboodah celebrates safety milestone at Dubai Creek Harbour site

Al Naboodah Construction Group (ANCG), a subsidiary of Al Naboodah Group Enterprises, one of the UAE’s oldest and most respected family conglomerates, yesterday celebrated achieving five million man-hours without a lost-time accident at its landmark Dubai Creek Harbour site. 


ERC signs contract for sanitation project in Yemen

The Emirates Red Crescent (ERC) has signed a contract to launch a sanitation network project for the Sheikh Khalifa Residential City in Mukalla District, Yemen.   The city, situated in Julalrimaya, Western Mukalla, was built following a flood disaster in 2008.


First Bahrain appoints chairman as acting CEO

First Bahrain Real Estate Development Company has announced the appointment of its current chairman Waleed Ahmed Alkhaja as acting CEO. He will assume responsibilities from July 12, succeeding Amin Al Arrayed who recently was appointed to serve as the CEO for Edamah, the real est

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