Sunday 24 July 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

Dubai real estate market draws $15.5bn in H1

Investors, mainly Arab and foreign nationals, poured Dh57 billion ($15.51 billion) into Dubai’s real estate market in the first half of 2016, according to the Dubai Land Department's (DLD) transactions report.

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Retail & Wholesale

Misfit expands presence across Mideast

Misfit, a wearable technology brand specialising in design-forward wearables, has announced plans to dramatically scale up its retail presence across the Middle East in the next few months.

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Energy, Oil & Gas

Enec signs support services deal with Korea firm

The Emirates Nuclear Energy Corporation (Enec) and Korea Hydro & Nuclear Power (KHNP) have signed an operating support services agreement (OSSA) for the Barakah nuclear power plant in Abu Dhabi, UAE.

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Finance & Capital Market

Arab Bank H1 net profit stays steady $424.9m

Jordan's largest lender, Arab Bank Group, reported a first-half net profit of $424.9 million, barely changed from $422.9 million in the same period last year.

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Analysis, Interviews, Opinions

Turkish president gains upper hand in power struggle

Since a failed coup on July 15, the ruling Justice and Development Party (AKP) founded by President Tayyip Erdogan has gained the upper hand in its battle with clandestine networks loyal to US-based cleric Fethullah Gulen.

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Industry, Logistics & Shipping
Travel, Tourism & Hospitality

HMH progressing well on its ECO Vision 2020

Hospitality Management Holdings (HMH) is progressing well on its ECO Vision 2020 with the aim of reducing energy and water consumption at the various hotels managed by the group by 20 per cent year on year.

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IT & Telecommunications

IT sector ‘not prepared for digital disruption’

While more than half of the IT and business decision-makers (ITDMs and BDMs) expect a new disruptive technology or service to be introduced within the next two years, IT departments aren’t feeling prepared for the changes, a report said.

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Motoring

CEO says Audi plans three electric car models by 2020

Audi aims to have three electric car models by 2020 and for electric vehicles to account for 25 to 30 per cent of its sales by 2025, chief executive Rupert Stadler told a German newspaper.

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Health & Environment

Expert welcomes single health insurance policy plan

Further growth is expected in the health insurance sector in Saudi Arabia after the full application of the single health insurance policy for the employer, according to an insurance expert.

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Media & Promotion

Sovereign Art Prize for Mena launched

The Sovereign Art Foundation has announced the launch of its coveted Art Prize in the Mena region, the most prestigious art prize for contemporary artists, in association with Start, a non-profit organisation.

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Education, HR & Training

Masdar Institute ranking improves

Abu Dhabi-based Masdar Institute of Science and Technology has moved up to the 14th spot overall in the ‘2016 US News and World Report Best Arab Region Universities Rankings’, up from the 23rd position last year.

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