Monday 23 April 2018

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.

more…

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.

more…

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).

more…

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.

more…

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.

more…

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.

more…

Top Trade News

icondown

Industry Sectors

Construction & Real Estate

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…
Retail & Wholesale

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…
Energy, Oil & Gas

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…
Finance & Capital Market
Analysis, Interviews, Opinions

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…
Industry, Logistics & Shipping

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…
Travel, Tourism & Hospitality

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…
IT & Telecommunications

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…
Lifestyle

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…
Motoring

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…
Health & Environment

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…
Media & Promotion

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…
Education, HR & Training

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…
Miscellaneous

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…
Live rates widget is provided by DailyForex.com - Forex Reviews and News

calendarCalendar of Events