0
NEW MOVE BY Dr B R SHETTY
Financial services holding firm Finablr set up
Noted UAE-based businessman Dr Bavaguthu Raghuram Shetty has announced the creation of “Finablr”, a new holding company which will consolidate his global portfolio of financial services brands under one single umbrella.
1
WEAK GROWTH FOR MIDEAST HOTELS
MEA hotels post mixed performance in Q1
Hotels in the Middle East reported mixed Q1 2018 performance results, while hotels in Africa posted growth across the three key performance metrics, according to new data.
2
74pc LEISURE TRAVELLERS
Dubai logs record 15.8m overnight visits in 2017
Dubai registered record international overnight visits totalling 15.8 million in 2017, 6.2 per cent higher than the previous year, said the Annual Visitor Report 2017 released by Department of Tourism and Commerce Marketing (Dubai Tourism).
3
ANALYSIS
GCC opening up to major solar energy projects: S&P
The GCC region is opening up to major solar projects, taking advantage of its sunny climate and large tracts of available land, said S&P Global Ratings, a leader in financial research and analysis.
4
ANALYSIS
Tackling innovation risk for organisational growth
A distinct set of risk management practices can arm organisations to capture value from their innovation efforts and better manage related risks for further growth, said a new report from top advisory and tax services company PwC.
5
NEWS IN PICTURES
First Emirati ballerina
The first Emirati ballerina Alia Al Neyadi and Bolshoi soloists from the Donetsk Opera and Ballet Theatre recently presented the Le Corsaire Ballet to captivate audiences in the Emirates Palace for the Abu Dhabi Classics season 2017/18.
Top Trade News
 | Industry Sectors |
Emaar Properties declares $272m dividend
Emaar Properties has approved the distribution of Dh1 billion ($272.25 million) as dividend to shareholders, representing 14 per cent of the share capital being 14 fils per share at the company’s 22nd AGM in Dubai, UAE.
More…
Abu Dhabi's $1.2bn Reem Mall on track for 2020 opening
Al Farwaniya Property Developments, the developer behind Reem Mall – Abu Dhabi’s latest retail, leisure and entertainment destination, said work was progressing well on its ambitious $1.2-billion project and was due for completion by 2020-end.
More…
Al Hilal Group terminates media deal with Mepec organiser
Al Hilal Group, the publisher of Oil & Gas News and a number of leading trade publications, has terminated its media relationship with ME3, the organiser of the Middle East Process Engineering Conference (Mepec) held in Bahrain every two years.
More…
GIB launches region’s first digital bank in Bahrain
Gulf International Bank (GIB) has launched the digital retail banking services of meem, the region’s first Shariah-compliant digital bank, in Bahrain.
More…
Tackling innovation risk for organisational growth
A distinct set of risk management practices can arm organisations to capture value from their innovation efforts and better manage related risks for further growth, said a new report from top advisory and tax services company PwC.
More…
DP World wins top supply chain hub award
DP World, UAE Region has underlined its position as the leading trade enabler by winning the ‘Supply Chain Hub Award’ at the recent Logistics Middle East Awards 2018 in Dubai.
More…
Dusit signs second property in Bahrain
Thailand-based hospitality firm Dusit International has signed a hotel management deal to operate a new beachfront property in Bahrain, the group's second hotel after last year’s signing of dusitD2 City Centre Bahrain.
More…
Mobily quarterly loss down
Mobily, a leading telecom provider in Saudi Arabia, has decreased its quarterly losses in Q1 2018 by 49 per cent to SR93 million ($24.84 million) compared to SR182 million in Q4 2017.
More…
Hollywood star headlines Nissan Formula E launch tour event
Nissan completed its Formula E launch tour in Los Angeles with an event led by Margot Robbie, the firm's electric vehicle and sustainability ambassador, heralding an exciting era for Nissan as it enters the ABB FIA Formula E Championship.
More…
Euro Motors unveils new offers on Land Rover models
Euro Motors, the exclusive distributor for luxury automotive manufacturer Jaguar Land Rover in Bahrain, recently announced exclusive offers on selected Land Rover models that were used as VIP shuttles during the Bahrain Grand Prix 2018.
More…
Moody's assigns stable outlook rating to NMC
Moody's Investors Service has assigned a Ba1 corporate family rating (CFR) and Ba1-PD probability of default rating to NMC Health, the largest healthcare provider in the UAE (UAE, Aa2 stable). The outlook on the ratings is stable.
More…
Expo 2020 Dubai eyes travel, Mice firms for ticket sales
Expo 2020 Dubai will highlight its unique opportunities for travel, tourism and Mice (Meetings, incentives, conferences and events) companies from around the world to become authorised ticket resellers at the upcoming Arabian Travel Market.
More…
UAE University to deploy Avidbots' cleaning robot
Canada-based Avidbots Corp said that United Arab Emirates University (UAEU) will be deploying its Neo floor cleaning robot to improve the productivity of their cleaning teams, reduce costs, and promote robotics and innovation throughout the UAE.
More…
Germany, World Bank agree new Mena partnership
The World Bank Group and the Government of Germany have announced new a strategic partnership to work towards a new and updated approach to reconstruction for peacebuilding in the Mena region
More…
