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COMMISSIONING OF CCGT BLOCK 4
Alba achieves key milestone at PS5 with Mitsubishi's First Fire
Aluminium Bahrain (Alba), one of the world's largest aluminium smelters, has achieved a major milestone towards the commercial operation of its Power Station 5 (PS 5) Block 4 project with the First Fire of the Mitsubishi Power M701JAC Gas Turbine (GT).
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$31.86bn MEGAPROJECT PLANNED
UAE, Oman enter $35bn investment deals
The UAE and Oman have announced multiple agreements worth AED129 billion ($35.12 billion) with investments spanning renewable energy, green metals, railway connectivity, digital infrastructure and technology.
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ROBUST PROFITABILITY
Emaar Properties sales jump 60%; $1.2bn dividend approved
Emaar Properties has recorded year-to-date sales of over AED19 billion ($5.2 billion), an increase of 60% compared to same period last year. Meanwhile, the company's AGM has approved a dividend of 50 fils per share amounting to $1.2 billion for 2023.
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INSIGHT
Family businesses ‘prioritise expansion, technology’
Expanding into new sectors and markets ranked first on the list of priorities for Dubai’s next generation of family business members, with business development second and the adoption of new technologies following in third place.
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INSIGHT
Companies planning to modernise offices to woo top talent
Employers across the globe are planning to invest in the office design and technology to attract top talent with 81% of employers having already or planning to redesign workspaces in the next 24 months, according to a study by Cisco.
Top Trade News
 | Industry Sectors |
Oman floats service tenders for Sultan Haitham City Project
Oman has floated three service tenders within the Sultan Haitham City project, first phase (2024 - 2030). The first one is for the road infrastructure; the second one for water networks and the third one for power substations.
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Cenomi Retail appoints Deloitte as advisor for Aleph sell-off
Cenomi Retail, Saudi Arabia’s pioneering retail brand partner, has announced the appointment of Deloitte to manage the forthcoming sale of its Aleph brand.
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Technip Energies wins EPC contract for big Oman LNG project
Technip Energies has announced that it has secured a major contract from TotalEnergies and Omani group OQ to provide engineering, procurement and construction (EPC) services for the Marsa LNG integrated complex located in Sohar region of the sultanate.
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Dubai World Trade Centre cluster names new finance head
Dubai World Trade Centre cluster has named a new Cluster Director of Finance at Novotel World Trade Centre, Ibis World Trade Centre and Ibis One Central. Anirudh Chaturvedi has an extensive background in finance hospitality.
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Family businesses ‘prioritise expansion, technology’
Expanding into new sectors and markets ranked first on the list of priorities for Dubai’s next generation of family business members, with business development second and the adoption of new technologies following in third place.
More…
Alba achieves key milestone at PS5 with Mitsubishi's First Fire
Aluminium Bahrain (Alba), one of the world's largest aluminium smelters, has achieved a major milestone towards the commercial operation of its Power Station 5 (PS 5) Block 4 project with the First Fire of the Mitsubishi Power M701JAC Gas Turbine (GT).
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New joint venture to develop hotel, golf course projects in MEA
Dubai-based Dex Squared, a pioneering hotel management firm, and international hospitality management group Absolute Hotel Services (AHS) have signed a strategic agreement to form a joint venture - AHS MEA - in the Middle East and Africa.
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Krohne fuels industrial decarbonisation with top solutions
Krohne is driving industrial decarbonisation efforts with its innovative suite of process instrumentation, water and energy management solutions.
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Global Village launches ‘Kids Go Free’ campaign
Global Village, the UAE and wider region's leading multicultural family destination for culture, shopping, and entertainment, has launched the new ‘Kids Go Free’ campaign that will run from April 22-28. Entry is free for children up to 12 years.
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Aspire to launch inaugural ‘Abu Dhabi Autonomous Racing League’
Abu Dhabi will, on 27 April, welcome 10,000 spectators to witness the inaugural Aspire Abu Dhabi Autonomous Racing League (A2RL) at the Yas Marina Circuit. The ground-breaking autonomous racing competition marks a key milestone in motorsport history.
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Krohne fuels industrial decarbonisation with top solutions
Krohne is driving industrial decarbonisation efforts with its innovative suite of process instrumentation, water and energy management solutions.
More…
Top 30 shortlisted for Sony Future Filmmaker Awards 2024
A total of 30 international filmmakers have been shortlisted for Sony Future Filmmaker Awards 2024 after screening over 8,400 films by 5,000 directors across 148 countries. They will get to attend a week of special events at Sony studios in Los Angeles.
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Sanad, Khalifa University to boost local aviation talent pool
Sanad, a global aerospace engineering and leasing solutions leader, has boosted its partnership with Khalifa University of Science and Technology to nurture local talent and foster knowledge exchange in the aviation sector.
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Indonesia ready to lead water governance transformation
The upcoming 10th World Water Forum in Bali is expected to generate political consensus among heads of state and achieve the agreements necessary to address the global climate challenge.
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