Friday 12 April 2024
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Industry Sectors

Construction & Real Estate
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Construction & Real Estate

Bahrain floats tenders for vital road infrastructure projects

Bahrain has floated tenders for a series of road infrastructure projects including demolition work at Ghirayfah for widening of Al Fateh Highway as well as engineering consultancy services for the National Charter and Prince Saud Al Faisal highway works.

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Retail & Wholesale

Indian fashion brand SHREE unveils Afifa abaya collection

Indian fashion brand SHREE has unveiled its latest offering - Afifa Elegant Abaya Collection - at its stores in the UAE. The new Abaya collection, which draws inspiration from the tranquil desert landscape, embodies the essence of calmness and grace.

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Energy, Oil & Gas

Aramco awards $7.7bn deals for Fadhili gas plant expansion

Aramco, one of the world’s leading integrated energy and chemicals companies, has awarded engineering, procurement and construction contracts worth $7.7 billion for a major expansion of its Fadhili Gas Plant in the Eastern Province of Saudi Arabia.

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Finance & Capital Market

Bahrain's GDP surges 2.4pc in 2023 on non-oil growth: Report

Bahrain’s gross domestic product (GDP) increased by 2.4% at constant prices in 2023 when compared to the previous year, said a report, adding that the non-oil sector registered a growth of 4.03% at constant prices and 3.89% at current prices.

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Analysis, Interviews, Opinions

Key factors that will drive Mobile Financial services’ growth

Mobile Financial Services (MFS) providers must increasingly focus on advanced services like sophisticated micro-finance services, loans, overdrafts, BNPL, investments, merchant payments and bulk payments.

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Industry, Logistics & Shipping

Saudi Modon attracts $3.8bn industrial investments in 2023

Saudi Authority for Industrial Cities and Technology Zones (Modon) has announced significant progress in attracting big investments for 2023 worth SAR14.4 billion ($3.8 billion). New investments surged 63% with 891 local and foreign investments secured.

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Travel, Tourism & Hospitality
Motoring

Salik set to distribute $150m cash dividends for FY2023

Salik Company, Dubai’s exclusive toll gate operator said its board has won approval from shareholders for the distribution of cash dividends worth AED550 million ($150 million), representing 100% net profit of H2 of fiscal year ended December 31, 2023.

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Health & Environment

UK scientists win funding for 'cancer detecting' Lollipops

In a significant development, a team of Birmingham scientists led by Dr Ruchi Gupta, has won £350,000 ($441,588) in funding from Cancer Research UK to develop a ‘Lollipop’ (from a material called a smart hydrogel) that can diagnose mouth cancer early.

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Media & Promotion

Abu Dhabi to bring ‘Life of Pi’ to Etihad Arena in November

Proactiv Entertainment has partnered up with the Department of Culture and Tourism – Abu Dhabi, and Miral, to bring to the UAE’s capital Life of Pi from the West End by Simon Friend Entertainment – the first international play to ever come to Abu Dhabi.

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Education, HR & Training

NGN partners with Canadian Financial Modeling Institute

NGN Training Center, a unit of Bahrain-based systems integrator NGN International, has signed a strategic partnership with Canadian Financial Modeling Institute to launch the first advanced financial modeling (AFM) certification course in the kingdom.

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Miscellaneous

Bahrain announces Eid Al Fitr holidays for public sector

His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, has announced Eid Al Fitr holidays for Bahrain's public sector. A circular from HRH stipulates that public institutions will close on the day of Eid and the two da

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