Monday 20 August 2018

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INVESTMENT REACHES $970m
MBF Group in deal to build medical city in Pakistan

Dubai-based MBF Group, a progressive and diversified group, has announced an agreement with Ibchez Housing and Nixon to establish an integrated medical city within the 100,000-sq-m Gulberg Greens in the Pakistani capital of Islamabad.

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MULTIPLE INDUSTRIES TARGETED
Sabic, US firm partner to develop breakthrough products

Saudi Arabia’s Sabic, a global leader in the chemical industry, has partnered with US-based innovation and product design firm Nottingham Spirk to accelerate innovations with speciality materials across multiple industrial verticals.

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46 HOUSING PROJECTS COMPLETED
Saudi Arabia awards contract for 10,000 residential units

The Saudi government has signed two major agreements with real estate development companies to build some 10,000 housing units in Jeddah for beneficiaries of the Sakani (My Home) programme, said a report.

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ANALYSIS
Understanding the human side of digital workplace

The growth of devices, applications and networks has not only changed our personal lives, but our working lives too, says an industry expert, adding that workspaces that are investing in digital technologies are boosting productivity.

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ANALYSIS
Wellness segment of smart homes to top $22bn by 2022

The health and wellness segment of connected homes market revenues is expected to grow from $6.67 billion in 2017 to $22.26 billion by 2022, at a compound annual growth rate (CAGR) of 27.3 per cent, a report said.

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NEWS IN PICTURES
All set for Eid Al Adha

Dubai is gearing up to celebrate Eid Al Adha this year with an array of exciting events and activities taking place across the city - from spectacular firework displays and must-see concerts to fun family workshops and stage shows.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate
Retail & Wholesale

Design International official gets key advisory role in Mapic

Design International, an architecture and interior design firm, said its global business development head, Luca Cappuccitti, has been roped in for an advisory role in Mapic, a retail real estate show to be held in Cannes, France, this November.

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Energy, Oil & Gas

EU firms unveil big Light Middle East expo plans

European firms will be out in full force at the region’s premier lighting exhibition in Dubai next month, with their latest innovative products - starting from solar 'smart street' lamps to modular LEDs designed for high-rise urban greenhouses.

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Finance & Capital Market

IADI, IFSB to develop Islamic insurance systems

The International Association of Deposit Insurers (IADI) and the Islamic Financial Services Board (IFSB) have partnered to develop, and promote technical standards for the implementation of effective Islamic deposit insurance systems.

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Analysis, Interviews, Opinions

Wellness segment of smart homes to top $22bn by 2022

The health and wellness segment of connected homes market revenues is expected to grow from $6.67 billion in 2017 to $22.26 billion by 2022, at a compound annual growth rate (CAGR) of 27.3 per cent, a report said.

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Industry, Logistics & Shipping

DHL names key appointments for Morocco, Bahrain, Kuwait

DHL Global Forwarding, a leading international provider of air, sea and road freight services, has appointed Christelle Fadel, Rob Kennaugh and Fadi Bastoni to lead its business in Morocco, Bahrain and Kuwait, respectively.

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Travel, Tourism & Hospitality

Sharjah tourism sector contributes over $2.4bn to GDP

The ongoing Sharjah Summer Festival, which will come to an end on August 31, has had a significant impact on the emirate’s tourism sector, contributing to the revitalisation of the economy and increasing tourism inflow to the emirate.

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IT & Telecommunications

Mobily, Ericsson showcase 5G capabilities in Saudi

Etihad Etisalat (Mobily), a mobile network operator in Saudi Arabia, has joined forces with Ericsson, a world leading telecoms technology provider, to show 5G capabilities in a demo held at the Mall of Arabia in Jeddah, Saudi Arabia.

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Health & Environment

Tadweer completes eco plans for Eid Al Adha

Abu Dhabi Waste Management Center (Tadweer) has developed an integrated action plan for Eid Al Adha 2018 as part of its efforts to ensure the cleanliness of Abu Dhabi and preserve its aesthetic appeal.

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Media & Promotion
Education, HR & Training

Bahrain PM orders action on fake unversity degrees

In a major move, Bahrain's Premier has ordered the High Education Council and its academic accreditation committees to verify the information about the degrees granted by fake or un-recognised universities outside the kingdom, said a report.

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Miscellaneous

Samsung organises Galaxy Studio at Mall of Emirates

Samsung Gulf Electronics has brought back the Galaxy Studio DXB at the Mall of the Emirates in Dubai, UAE, during a fun and interactive launch event featuring Virgin Radio’s Drive Time RJ Brent Black.

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