Monday 18 December 2017

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BIG PRODUCTION BOOST
Saudi Aramco awards key gas deal to Baker Hughes

Saudi Aramco has awarded a $175-million contract to leading oilfield services provider Baker Hughes, a GE company, to help boost production at the company's Haradh and Hawiyah gas fields in the kingdom.

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300,000 TONNE PER ANNUM
Vietnamese group wins EGA alumina supply contract

Emirates Global Aluminium (EGA), one of the world's leading aluminium producers, said it has signed a deal with Vietnam National Coal and Mineral Industries Group (Vinacomin) for supply of alumina for three consecutive years.

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2

FUTURISTIC DESIGN
Work begins on UAE pavilion at Expo 2020 Dubai

The ground-breaking ceremony of the UAE pavilion - designed in the shape of a flying falcon, symbolising the country’s leadership and pride - at the Expo 2020 Dubai site was held on Sunday.

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3

ANALYSIS
Top digital trends in 2018

As investments in digital transformation technologies continues to rise, leading real-time IT management company ManageEngine highlights the top trends that will shape how we do businesses in 2018.

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4

SPECIAL REPORT
Global security spending to top $96bn in 2018: Gartner

Worldwide security spending is expected rise to a total of $96.3 billion in 2018, an increase of 8 per cent from 2017, said a new report from Gartner, a leading research and advisory firm.

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5

NEWS IN PICTURES
Bricktacular Christmas tree

Legoland Dubai has unveiled the centerpiece of their festive celebration - the 10-m tall Lego Christmas tree. Siegfried Boerst, general manager of Legoland Dubai, added in the final bricks, before the tree was officially revealed.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate

Dubai real estate market an 'investment destination'

UAE-based Arenco Real Estate sees a stronger real estate market for Dubai in the coming years due to unlimited opportunities that are open and available to investors.

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Retail & Wholesale

Lulu to double private label products by 2020

LuLu Group, a leading retail group in the Middle East, has launched its newly rebranded in-house products, which total nearly 2,500 products and are expected to double by 2020, said a report.

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Energy, Oil & Gas

TechnipFMC opens new plant in Abu Dhabi

TechnipFMC, a global leader in subsea, onshore/offshore, and surface projects, said it has officially opened its new 18,000-sq-m facility located in Industrial City of Abu Dhabi (ICAD) as part of its continued investment in the UAE.

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Finance & Capital Market

Gulf Bank wins top Asian Banker award

Gulf Bank, a leading bank in Kuwait, was presented the ‘Credit Risk Technology Implementation of the Year in the Middle East and Africa’ award by The Asian Banker at a ceremony held earlier this month at the Conrad Hotel in Dubai.

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Analysis, Interviews, Opinions

Global security spending to top $96bn in 2018: Gartner

Worldwide security spending is expected rise to a total of $96.3 billion in 2018, an increase of 8 per cent from 2017, said a new report from Gartner, a leading research and advisory firm.

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Industry, Logistics & Shipping

Mideast ‘fastest-growing region for crude steel'

Middle East retook the title of world’s fastest-growing region for crude steel production recording an increase of 29.03 million tonnes, according to World Steel data.

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Travel, Tourism & Hospitality

Hotel investments in Mena to hit over $14bn

The Middle East hotel investment market has been expanding rapidly with more than $14 billion worth of hotel construction contracts expected to be awarded in 2018.

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IT & Telecommunications

SAP unveils SAP SuccessFactors People Central Hub

SAP, an enterprise application software provider, has unveiled a new way for customers to simplify and speed the use of cloud-based people and organisational data across their businesses with the SAP SuccessFactors People Central Hub solution.

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Lifestyle

Gemini breaks ground on Dubai Business Bay tower

UAE-based Gemini Property Developers has broken ground on the 29-storey ‘Symphony’ tower in Dubai’s Business Bay, the second in a series of high-end luxury residential projects being planned by the company.

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Motoring

Gargash breaks ground on flagship Merc-Benz store

Gargash Enterprises, the authorised general distributor of Mercedes-Benz in Dubai, Sharjah and the Northern Emirates, recently laid the foundation for a world premier flagship store for the automotive brand in Dubai, UAE.

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Health & Environment

Dubai influential player in regional pharmaceutical sector

Dubai is an essential and influential player in the pharmaceutical market, and has established itself as a main centre for the pharmaceutical sector in the region, said a senior official from Dubai Health Authority.

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Media & Promotion

Emirates marks Bahrain National Day with A380 flight

Dubai's national carrier Emirates yesterday operated a special one-off A380 service to Bahrain in celebration of the country’s 46th National Day. The special flight, EK 835, was one of the shortest scheduled A380 flight routes in the world.

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Education, HR & Training

Ooredoo holds digital literacy programme

Ooredoo Oman, a top telecom provider, has partnered with Al Roya Press and Publishing to launch a digital literacy programme which will empower more than 900 women with essential IT skills.

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Miscellaneous

Saudi women allowed to drive trucks, motorcyle

Three months after Saudi Arabia lifted the ban on women driving, officials have announced that Saudi women will now be able to drive trucks and motorcycles, a report said.

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