Friday 22 January 2021

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120MW PROJECT
New JV to develop UAE’s first solar landfill project

Emirates Waste to Energy Company, a joint venture between Bee’ah and Masdar, will undertake a pioneering project to develop Bee’ah’s landfill into a solar farm, the first of its kind in the UAE.

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STRATEGIC MOVE
FAB to acquire 100% of Bank Audi Egypt’s share capital

First Abu Dhabi Bank (FAB) and Bank Audi sal have announced the signing of a definitive agreement for the acquisition by FAB of 100% of the share capital of Bank Audi sae, Bank Audi’s subsidiary in Egypt, a media report said.

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'LET'S START AFRESH'
Biden and Harris sworn in; promise unity

The 46th President of the United States of America Joe Biden and Vice President Kamala Harris took the oath of office today (January 20) with a promise to unify the country.

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ANALYSIS
Top 10 global consumer trends in 2021: Euromonitor

The Covid-19 pandemic has created, influenced or accelerated consumer trends, said global market research company Euromonitor International in a new report, highlighting consumer behaviour and business strategies in 2021.

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SPECIAL REPORT
Global spending on wearables to hit $81.5bn in 2021

Worldwide end-user spending on wearable devices will total $81.5 billion in 2021, an 18.1% increase from $69 billion in 2020, according to the latest forecast from leading research and advisory firm Gartner.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate

Sawafi Borets break ground on new hub at Spark

Sawafi Borets has broken ground on a 21,000-sq-m headquarters and production facility in Saudi Arabia that will serve as its hub for the manufacture, testing and service of submersible pump systems.

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Retail & Wholesale

New high-performance, elegant VAIO laptops launched

Nexstgo Company Limited has announced the official launch of the brand-new FE Series of comfortable, high-performance laptops by VAIO in the Middle Eastern region.

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Energy, Oil & Gas

Mubadala, Schneider to explore sustainability-linked opportunities

Abu Dhabi-based Mubadala Investment Company and Schneider Electric, a global leader in the digital transformation of energy management and automation, have agreed to collaborate in a number of sustainability-related areas, both in the UAE and globally.

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Finance & Capital Market

ENBD marks listing of $750m bond at Nasdaq Dubai

Hesham Abdulla Al Qassim, Vice Chairman and Managing Director of Emirates NBD (ENBD), rang the market-opening bell at Nasdaq Dubai today (July 20) to celebrate the listing of a $750 million conventional bond.

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Analysis, Interviews, Opinions

Practising water stewardship through wardrobes

Much of the plastic that is in the ocean is not in the form of whole products like cups or straws, but instead broken-down shreds of plastic, and it is having a devastating effect on our marine life, says an industry expert.

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Industry, Logistics & Shipping

Yokogawa releases new integrated production control system

Yokogawa Electric Corporation has announced that it will be releasing CENTUM VP R6.08, an enhanced version of the CENTUM VP integrated production control system for industrial plants, on January 22.

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Travel, Tourism & Hospitality

Etihad to recommence flights to Doha

Effective February 15, Etihad Airways will recommence flights from Abu Dhabi to Doha, Qatar, subject to the applicable government approvals. The service will operate daily using an Airbus A320 and a Boeing 787-9 Dreamliner.

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IT & Telecommunications

Aramco, stc unveil powerful supercomputer

Aramco, a global integrated energy and chemicals company, and stc, the largest telecommunication provider and operator in Saudi Arabia, announced today the launch of Dammam 7, a new supercomputer among the top 10 most powerful in the world.

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Lifestyle

HONOR Watch GS PRO well suited for adventure

The HONOR Watch GS PRO, recently reelased, is packed with exciting features that enable users to discover more of the world around them during a hike or camping trip.

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Motoring

Lotus to open all-new showroom in Bahrain in 2021

Lotus, an iconic British sports car company, is marking the start of the new year with its return to the Bahrain automotive landscape after almost a decade away, and with a new retail partner.

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Health & Environment

ASDW Summit discusses sustainable post-Covid-19 recovery

The Abu Dhabi Sustainability Week (ADSW), which got under way, is particularly relevant this year as it represents a global platform for dialogue and setting the sustainable development agenda based on the principles of the green recovery.

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Media & Promotion

Ogilvy appoints David Fox as CEO Mena

Ogilvy, a top advertising, marketing, and public relations agency, has announced that David Fox will assume the role of the Chief Executive Officer for Memac Ogilvy in the Mena region, effective March 1.

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Education, HR & Training

New Bahrain scheme to create 25,000 jobs this year

Bahrain will launch the second edition of its National Employment Program, which aims to create 25,000 jobs in 2021 and provide 10,000 training opportunities annually.

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