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Dewa awards $68.5m contract for water pipelines
Dubai Electricity and Water Authority (Dewa) has awarded a contract to supply, extend and commission 40 km of water pipelines, at a total cost of Dh248 million ($68.5 million).
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Nike unveils new Tiempo Legend 7 boots
Nike has unveiled the new Tiempo Legend 7 boots, which provides enhanced fit and comfort in a boot that is 22 per cent lighter than its predecessor.
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Sumitomo buys Amec Foster Wheeler's CFB boiler unit
Sumitomo Heavy Industries, a key manufacturer of industrial machinery, has acquired the circulating fluidised bed (CFB) boiler business from Amec Foster Wheeler, a UK-based engineering and project management company, for $170 million.
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GFH exits $55m Promoseven real estate portfolio
GFH, a key financial group in the GCC, said it has signed a deal with Promoseven Holdings in Bahrain to exit part of its real estate portfolio worth $55 million. This comes in line with the company's strategy to exit its non-core assets.
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World economy ‘likely to see big growth in H2’
The world economy is showing decent signs of growth for the second half (H2) of the year, although momentum is expected to moderate somewhat, a report said.
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Aramco signs up Savage for industrial rail switching ops
Savage Saudi Arabia, a key provider of expert refinery and industrial services, has entered into an agreement with state oil giant Saudi Aramco to operate one of the first industrial rail switching facilities in the kingdom.
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Etihad, China Southern Airlines ink codeshare deal
Etihad Airways, the national airline of the UAE, and China Southern Airlines, Asia’s largest airline, have announced a new codeshare partnership.
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Massive cyberattack hits global companies, causes turmoil
A major cyber attack worldwide disrupted computers at Russia's biggest oil company, Ukrainian banks and multinational firms, media reports said.
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Dubai set to enforce new driver licence rules
Dubai’s Roads and Transport Authority (RTA) in Dubai will start the implementation of the new Executive Regulation of the Federal Driving & Traffic Law on July 1.
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Yemen hit by world's worst cholera outbreak
Yemen is now facing the worst cholera outbreak in the world with suspected cases exceeding 200,000 and the number is increasing at an average of 5,000 a day, the United Nations has warned.
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Sharjah named World Book Capital 2019
In a ground-breaking achievement for the UAE and the Arab world, Sharjah has been crowned with the prestigious ‘World Book Capital’ title for 2019 by the United Nations Educational, Scientific and Cultural Organisation (Unesco).
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Getex gearing up for Autumn edition
The Gulf Education and Training Exhibition (Getex), the leading student recruitment platform in the Middle East and Asia, is set to return with its autumn edition.
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Demands on Qatar non-negotiable, says Saudi minister
Saudi Arabia has declared that there will be no negotiations over the demands made to Qatar to stop supporting terrorism and added that it should be implemented in full to end the crisis, said a report.
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