Sunday 25 October 2020

Abu Dhabi, Dubai power digital innovation drive

The global pandemic has not slowed down Abu Dhabi and Dubai’s digital innovation drive, experts noted during a live online forum hosted yesterday by the Embassy of Italy to the UAE as part of InnovItalyUAE initiative.   A number of the speakers who joined


EU Citizenship programmes available to investors

With the success story of the Cypriot Citizenship-by-Investment Programme having come to an end, investors are left with fewer options to acquire an EU citizenship through investment.   The Cyprus Government has announced the suspension of its Citizenship-by-Inv


SMBs seen optimistic despite Covid-19

Small and medium businesses (SMBs) in North America, South America, Europe and Asia Pacific remain seemingly optimistic across the board, with all regions sharing expectations of business as usual post the Covid-19 pandemic.   Some 22% of SMBs say they are very


Supply chain activity ‘at pre-Covid levels in Q3’

The number of purchase orders and invoices exchanged across global supply chains rose by 15% in the third quarter (Q3) after falling by a similar margin in Q2, according to the latest Index of Global Trade Health from Tradeshift. The report, which is based on analysis of transact


Sabic expands scope of COTC project with Aramco

Saudi Basic Industries Corporation (Sabic) has expanded the scope of converting crude oil to chemicals project with Saudi Aramco to include existing development programmes of advancing crude to chemicals technologies as well as through integrating existing facilities. This is don


UAE outlines key challenges facing mining sector

Leading players in the energy and industrial sector joined senior government officials and investors at a key virtual event, which put spotlight on the major daunting challenges facing the sector and also discussed the future roadmap.   Held under the aegis of t


Effective DX strategies will enhance competitiveness

Gulf Business Machines (GBM) has hosted its annual DX Summit event with a special focus on journey to cloud. Taking safety measures into consideration, the 2020 edition was carried out completely virtually, offering attendees a heightened interactive experience while remaining socially distan


EGA employee programmes net $16m in cost savings

Emirates Global Aluminium (EGA), a leading industrial company in the UAE outside of oil and gas, has announced that its employee-led continuous improvement programmes have delivered almost AED60 million ($16.3 million) in cost savings since the start of the year.  


Varel Energy, Taurex Drill Bits reach settlement in patent dispute

Varel International Energy Services, a long-standing provider of drilling and downhole solutions, today (October 21) announced that it has settled its litigation with Taurex Drill Bits, including claims of intellectual property infringement for specific drill bit technology. &nbs


Halcyon, AWS launch incubator for women-founded startups

Halcyon has announced the launch of an intensive incubator programme for early-stage women-founded social enterprise tech startups based in Bahrain, in collaboration with Amazon Web Services (AWS).    The 2021 Bahrain Women’s Intensive programme build

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