Thursday 26 May 2016
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Industry Sectors

Construction & Real Estate
Retail & Wholesale
Energy, Oil & Gas
Finance & Capital Market
Analysis, Interviews, Opinions
Industry, Logistics & Shipping
Travel, Tourism & Hospitality
IT & Telecommunications
Government & Laws
Motoring
Health & Environment
Media & Promotion
Education, HR & Training
Miscellaneous
Construction & Real Estate

$2 trillion projects in pipeline in GCC

The pipeline of projects planned in the Gulf Cooperation Council (GCC) states as of May 2016 amounts to $2 trillion, it was revealed at a summit of construction sector leaders in Dubai, UAE.

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Retail & Wholesale

ME cities among top 15 global retail hotspots

One-third of the top 15 global retail cities are located in the Middle East region, with Dubai leading the region list followed by Kuwait City, Abu Dhabi, Jeddah and Riyadh, said a report.

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Energy, Oil & Gas

Saudi Aramco to boost Shaybah field output

Saudi Aramco plans to increase oil output from its Shaybah field over the next two weeks to one million barrels per day, Saudi media reported on Thursday, quoting the company CEO.

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Finance & Capital Market

GFH plans to list Khaleeji Commercial in Dubai

GFH Financial Group (GFH) has announced plans to list its Khaleeji Commercial Bank (KHCB) at the Dubai Financial Market (DFM) to unlock its market potential.

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Analysis, Interviews, Opinions

India counts cost of reduced Gulf remittances

Remittances from Indians working abroad slumped 27 percent in the fiscal year through March to $48 billion - the lowest since the 2008 global financial crisis. Most of India's remittances come from the Gulf.

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Industry, Logistics & Shipping

Technip wins Saudi Kayan contract

Technip was awarded a contract by Taiwan’s CTCI to provide basic engineering and proprietary equipment for a grassroots ethylene cracking furnace at the Saudi Kayan Petrochemical Complex in Jubail, Saudi Arabia.

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Travel, Tourism & Hospitality

Burj Al Arab unveils exclusive beach resort

The Burj Al Arab, one of Dubai's most luxurious hotels, has unveiled its one-of-a-kind restaurant, pool, beach and cabana space that stretches 100 m into the Arabian Gulf from behind the hotel.

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IT & Telecommunications

Apple explores charging stations for electric vehicles

Apple is investigating how to charge electric cars, talking to charging station companies and hiring engineers with expertise in the area, according to people familiar with the matter and a review of LinkedIn profiles.

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Motoring

Luxury car designer SangYup Lee joins Hyundai

Hyundai Motor has announced that the world-renowned designer SangYup Lee, former head of exterior and advanced design at Bentley, will become the vice president of styling at Hyundai Design Center starting this June.

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Health & Environment

IDB fund invests in Avivo healthcare group

Avivo Group, one of the largest healthcare networks in the GCC with 32 healthcare facilities, has announced a partnership with IDB Infrastructure Fund II, sponsored by the Islamic Development Bank and other institutional investors.

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Media & Promotion
Education, HR & Training

Employee wellness programme helps drive growth: experts

Investing in employee wellness programmes is key to driving profitability and growth amid challenging business times, say some of the region’s top business leaders.

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Miscellaneous

Iconic planes on display at Bahrain exhibition

A new exhibition celebrating the strong civil and military aviation heritage between Bahrain and the United Kingdom will open at the Bahrain National Museum tomorrow (May 23) with iconic planes on display.

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