Monday 20 November 2017

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PRIVATE SECTOR BOOST
Bahrain’s non-oil sector grows 4.7pc in H1

Bahrain's non-oil sector grew at a rate of 4.7 per cent in the first half of 2017, ahead of the 4 per cent recorded during 2016 as a whole, according to the latest Bahrain Economic Quarterly published by the Bahrain Economic Development Board.

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KEY DESIGN PACKAGES
SSH wins mega Kuwait mixed-use development contract

SSH, a leading masterplanning and project management company in the region, said it has been awarded a major contract for the design of three packages for six plots at the Hessah Al Mubarak development in Kuwait.

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NINE-MONTH DEFICIT DOWN 40pc
Saudi Q3 non-oil income up 80pc; revenues rise 11pc

Saudi Arabia's non-oil revenues increased 80 per cent in the third quarter compared to the same period in 2016, confirming the feasibility of economic reforms, officials said.

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3

ANALYSIS
Fake news ‘as a service’ on the rise: study

Criminals are increasingly exploiting the growth of ‘fake news’ for commercial gain, a report said, revealing the growth of toolkits and services – available for just $7 – that are designed to cause financial damage for companies.

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4

ANALYSIS
Millennials stand for globalism; want to shape future

Millennials across 15 countries are united by a belief in globalization, want the freedom to experience the opportunities it brings, and have a desire to play a role in shaping the future using technology, according to new research.

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NEWS IN PICTURES
Gulf Air marks 50 years of Bahrain-Paris route

Marking the 50th anniversary of its Bahrain-Paris route, Gulf Air, the national carrier of Bahrain, recently flew a number of GCC media representatives to Paris on a familiarization trip jointly hosted by Shangri-La Hotel, Paris.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate

SSH wins mega Kuwait mixed-use development contract

SSH, a leading masterplanning and project management company in the region, said it has been awarded a major contract for the design of three packages for six plots at the Hessah Al Mubarak development in Kuwait.

More…
Retail & Wholesale

Mobily to offer products to on Souq.com

Mobily, a top telecom operator in Saudi Arabia has partnered with UAE-based e-tailer Souq.com, enabling its customers to purchase SIM cards, post paid plans, data packs and SIM top-ups among other products on Souq.com’s website and app.

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Energy, Oil & Gas

Wärtsilä-built power plant inaugurated in Oman

Musandam Independent Power Project (IPP), a 120 MW power plant supplied and built by Finland-based technology group Wärtsilä, was recently inaugurated in northern Oman.

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Finance & Capital Market

Saudi businesses urged to register for VAT

Saudi Arabia’s General Authority of Zakat and Tax (GAZT) has urged businesses with annual revenues over SR1 million ($266,300) to expedite their VAT registration process and ensure their readiness for its implementation.

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Analysis, Interviews, Opinions

Fake news ‘as a service’ on the rise: study

Criminals are increasingly exploiting the growth of ‘fake news’ for commercial gain, a report said, revealing the growth of toolkits and services – available for just $7 – that are designed to cause financial damage for companies.

More…
Industry, Logistics & Shipping

Bahrain’s non-oil sector grows 4.7pc in H1

Bahrain's non-oil sector grew at a rate of 4.7 per cent in the first half of 2017, ahead of the 4 per cent recorded during 2016 as a whole, according to the latest Bahrain Economic Quarterly published by the Bahrain Economic Development Board.

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Travel, Tourism & Hospitality

AccorHotels to mark 50th anniversary; honour community heroes

AccorHotels will honour everyday heroes – firefighters, nurses, teachers, small businesses and residents – who serve their communities, by inviting them to attend celebratory events, at 2,000 establishments around the world.

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IT & Telecommunications

Zain Saudi, Huawei ink tie-up to develop HR

Zain Saudi Arabia, a top telecom operator and Huawei, a global ICT solutions provider have signed a new agreement to further enhance and train the distinguished human resources at Zain Saudi Arabia.

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Lifestyle

UAE tops Mena in residence programme: study

The UAE has been ranked as Mena’s top residence-by-investment programme for the third consecutive year, said Henley & Partners, a leading global residence and citizenship advisory firm, in a new report.

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Health & Environment

Emirates Hospital 'committed to medical tourism'

Emirates Hospital, a leading healthcare facility owned by KBBO Group, has reaffirmed its commitment to providing medical services to tourists, particularly Chinese visitors.

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Media & Promotion

Dubai Culture launches latest edition of ArtMap

Dubai Culture & Arts Authority has launched the latest edition of ArtMap, which provides a comprehensive artistic and cultural guide to major events and exhibitions taking place across the UAE for the rest of the year.

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Education, HR & Training

First HR Tech Saudi Summit opens in Riyadh

The inaugural HR Tech Saudi Summit, which aims to lead discussion and debate on the Kingdom’s adoption of cutting-edge HR technologies, processes, and practices has opened today (November 20) in Riyadh, Saudi Arabia.

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Miscellaneous

Abu Dhabi tobacco trade down 20pc in 9 months

The Abu Dhabi trade in raw tobacco declined by 20 per cent during the first nine months of the year, as per figures released recently by the Statistics Centre - Abu Dhabi on the Emirate's non-oil trade movement.

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