Saturday 10 December 2016

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ALL EYES ON RUSSIA
Opec to push for non-member oil production cuts

Organisation of the Petroleum Exporting Countries (Opec) will seek to persuade non-Opec nations to cut production at its crucial meeting in Vienna as part of the newly struck agreement to stem a crude glut and lift painfully low prices.

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1

JEDDAH GATE OFFICE UNITS READY
Emaar launches third luxury project in Saudi Arabia

Leading global developer Emaar has announced the launch of its third luxury residential project in Jeddah Gate, an elegant masterplannned community located centrally in the Saudi city, under its Emaar Residences brand of homes.

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2

$850m DEAL WITH GEMALTO
3M to sell identity management business

3M, the maker of Scotch tape and Post-it notes, has entered into agreements to sell its identity management business to Amsterdam-based Gemalto, the world leader in digital security, for $850 million.

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3

ANALYSIS
Leveraging big data analytics in retail

Information is all around us, and every business - from real estate to retail - relies on the use of big data and analytics for information in the form of actionable insights to discover opportunities and improve business agility.

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4

TECHNOLOGY
2017: The Year of the Cloud

As we move into 2017, businesses will increasingly need to embrace customer expectations and ensure seamless delivery of services, says an industry expert highlighting four key trends that businesses will need to embrace in order to excel.

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5

NEWS IN PICTURES
Setting the stage for Nobel Prize

Workers decorate Oslo City Hall with roses and carnations from Colombia as part of preparations for the Nobel Peace Prize 2016 ceremony on December 8. Colombian President Juan Manuel Santos, on December 10, will receive the coveted prize.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate

Emaar launches third luxury project in Saudi Arabia

Leading global developer Emaar has announced the launch of its third luxury residential project in Jeddah Gate, an elegant masterplannned community located centrally in the Saudi city, under its Emaar Residences brand of homes.

More…
Retail & Wholesale

DMCC, Turkey plan gold exchange for Islamic markets

Dubai Multi Commodities Centre (DMCC), the free zone authority on trade, enterprise and commodities in the emirate has signed a deal with Turkey's Borsa Istanbul to set up an universal Sharia-compliant gold exchange for Islamic markets.

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Energy, Oil & Gas

Opec to push for non-member oil production cuts

Organisation of the Petroleum Exporting Countries (Opec) will seek to persuade non-Opec nations to cut production at its crucial meeting in Vienna as part of the newly struck agreement to stem a crude glut and lift painfully low prices.

More…
Finance & Capital Market

IDB lists $1.25 billion sukuk on Nasdaq Dubai

The Islamic Development Bank (IDB) listed a $1.25 billion Sukuk today (December 8) on Nasdaq Dubai, the region’s international financial exchange.

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Analysis, Interviews, Opinions

Cyber threats ‘exploiting new technologies in 2017’

The upcoming year will include an increased breadth and depth of attacks, with malicious threat actors differentiating their tactics to capitalize on the changing technology landscape, said a report.

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Industry, Logistics & Shipping

Siemens targets solid growth in digital businesses

Siemens wants to further strengthen its position as a digital company and achieve double-digit growth in software, digital services and cloud platforms every year through 2020.

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Travel, Tourism & Hospitality

Kuwait Airways welcomes first Boeing 777-300ER

Kuwait Airways welcomed the first Boeing 777-300ER into its fleet with a traditional water canon salute at the Kuwait International Airport. The aircraft, named "Failaka", is first of the 10 Boeing planes ordered by the national carrier.

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IT & Telecommunications

Batelco wins top honours at Dubai event

Bahrain's leading telecom services operator Batelco said it has won the ‘Fastest Growing Service Provider Partner of the Year’ award at the Avaya Engage event held in Dubai, UAE.

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Lifestyle

Sennheiser unveils $53,665 headphones in Middle East

Audio specialist Sennheiser has introduced one of the world’s most expensive headphones - the ‘Sennheiser HE1’ priced at €50,000 ($53,665), into the Middle East market.

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Motoring

GAC Motor to launch flagship SUV in Bahrain

GAC Motor, one of China’s leading automobile manufacturers, said it is aiming to grow its market share in Bahrain with the launch of its flagship SUV model – GS4 next week.

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Health & Environment

UAE hospital opens new cochlear implant facility

Dubai-based Prime Hospital said it has launched a new facility to perform cochlear implant surgery, a special operation done on those with moderate to profound hearing loss in the inner ear.

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Media & Promotion

Dubai Culture wins key ISO certification

Dubai Culture, the emirate's dedicated entity for culture, arts and heritage, has been awarded the ISO ‘20000:2011’ certificate for IT Services Management following an in-depth review by independent business standards consultancy BSI Group.

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Education, HR & Training

Saudi Aramco to highlight key localisation initiative

State oil giant Saudi Aramco is set to host a major forum in the city of Dammam next week to highlight the major localisation initiative and its benefits to Saudi Arabia’s economy.

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Miscellaneous

Palestine to launch 2017- 2022 development plan

Palestinian government has announced that it would launch a new development plan for the next five years spanning from 2017 to 2022 in accordance with the 2030 Agenda for Sustainable Development.

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