Sunday 17 February 2019

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40 SMELTER POTS OPERATIONAL
Bahrain Alba accelerates Line 6 project ramp-up

Aluminium Bahrain (Alba), one of the largest aluminium smelters in the world, said its flagship Line 6 Expansion Project was progressing as per schedule with the successful testing of 40 smelter pots which are now fully operational.

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BIG INVESTMENT STRATEGY
Warba buys major AUB stake in Kuwaiti financial group

Warba Bank, a leading Islamic bank in Kuwait, said it has signed an agreement with Bahrain-based Ahli United Bank and its subsidiary to acquire a 75 per cent stake in Kuwait and Middle East Financial Investment Company.

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2

PANALPINA TIEUP VITAL FOR FIRM
Kuwait's Agility eyes deal with top Swiss logistics group

Kuwait-based Agility Group has confirmed that it is in talks with the leading Swiss logistics group Panalpina about partnership opportunities between the logistics businesses of the two companies.

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3

SPOTLIGHT
No one should retire, says Sir Richard Branson

No one should retire, said Sir Richard Branson during a fireside chat at The Retail Summit in Dubai, UAE, adding that if you’re doing something interesting, you should carry on doing it.

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4

ANALYSIS
Dubai industrial property sector ‘may be tested in 2019’

While Dubai’s industrial and logistics real estate market remained stable in the six months leading up to 2019, it continues to be challenging, with increased flight-to-quality and supply still outstripping take up, said an industry expert.

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5

NEWS IN PICTURES
Masterchef on culinary journey

Masterchef India winner (2015) Nikita Gandhi giving culinary tips to guests during an exclusive session hosted by Mewar Restaurant at Galleria Mall, Bahrain. She holds the record for being the youngest winner (vegetarian) in the popular cookery show.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate

Dubai RTA opens main bridge at Expo Road intersection

Dubai’s Roads and Transport Authority (RTA) said it has opened a main bridge at the intersection of Expo Road and Al Asayel Street. This is a part of Phase Five of the roads network leading to Expo site.

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Retail & Wholesale

F&B retailers must have appetite for tech, says expert

Supermarkets and hypermarkets must capitalise on technological developments and create a perfect mix of instore and online offerings to meet consumer demand to remain a dominant force in the rapidly evolving F&B retail landscape, said an expert.

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Energy, Oil & Gas

Eni, Sabic to develop joint natural gas technology

Italian energy major Eni and Saudi Arabia’s Sabic have signed an agreement to further develop an innovative technology for natural gas conversion into synthesis gas that can be further transformed into high value fuels and chemicals.

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Finance & Capital Market

Warba buys major AUB stake in Kuwaiti financial group

Warba Bank, a leading Islamic bank in Kuwait, said it has signed an agreement with Bahrain-based Ahli United Bank and its subsidiary to acquire a 75 per cent stake in Kuwait and Middle East Financial Investment Company.

More…
Analysis, Interviews, Opinions

No one should retire, says Sir Richard Branson

No one should retire, said Sir Richard Branson during a fireside chat at The Retail Summit in Dubai, UAE, adding that if you’re doing something interesting, you should carry on doing it.

More…
Industry, Logistics & Shipping

Bahrain Alba accelerates Line 6 project ramp-up

Aluminium Bahrain (Alba), one of the largest aluminium smelters in the world, said its flagship Line 6 Expansion Project was progressing as per schedule with the successful testing of 40 smelter pots which are now fully operational.

More…
Travel, Tourism & Hospitality

Oman Aviation Group inks deal with World Ocean Council

Oman Aviation Group, the sultanate's aviation sector developer, said it has signed an agreement with the World Ocean Council to share the know-how, expertise and opportunities affecting corporate ocean economic platforms.

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IT & Telecommunications

Batelco Gulf Network expands to Europe

Bahrain's leading telecom company Batelco has announced that its cable system which was launched last year to provide the GCC region with an additional option for regional and international connectivity solutions, has been expanded into Europe.

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Lifestyle

UAE among happiest countries in the world: report

The UAE is one of the happiest countries in the world, according to a new report compiled by global management consultancy Boston Global Consulting Group (BCG).

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Motoring

Euro Motors launches promotion on JLR SUVs

Bahrain-based Euro Motors Jaguar Land Rover has announced the launch of a brand new promotion on two of Jaguar Land Rover’s most sought after SUVs, the 2019 Discovery Sport and the Jaguar E-PACE.

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Health & Environment

UAE 'to bring down cancer mortality rates by 18pc'

The UAE is determined to bring down cancer mortality rates by nearly 18 per cent by 2021 in line with the country’s national healthcare agenda, said senior health ministry officials at a key event held recently in Dubai.

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Education, HR & Training

Jobs for Bahrainis a priority for MPs: Speaker

The hiring of Bahrainis is one of the priorities of the kingdom's parliament, Speaker of the Council of Representatives Fawzia bint Abdullah Al Zainal has said, stressing that citizens' aspirations are given the full attention of the lawmakers.

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Miscellaneous

Kuwait's Agility eyes deal with top Swiss logistics group

Kuwait-based Agility Group has confirmed that it is in talks with the leading Swiss logistics group Panalpina about partnership opportunities between the logistics businesses of the two companies.

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