Tuesday 26 September 2017

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14.8M OVERNIGHT VISITORS IN 2016
Dubai is 'fourth most popular city in the world'

Dubai has retained its ranking as the fourth most popular travel destination in the world -and the top-ranked destination in the Middle East – according to the ninth annual Mastercard Global Destinations Cities Index.

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INDIA TOP DESTINATION COUNTRY
Dubai airport passenger traffic tops 8m in August

Dubai International Airport (DXB) has registered yet another month of record passenger traffic with 8.2 million passengers welcomed in August, up 6.6 per cent compared to 7.72 million passengers for the same period in 2016.

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PLANT TO POWER 120,000 HOMES
Saudi group wins funding for big Jordan solar project

Saudi-based Abdul Latif Jameel Energy, one of the leading solar PV developers, said its subsidiary Fotowatio Renewable Ventures (FRV) has secured funding for a major solar project that can power more than 120,000 homes in Jordan.

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ANALYSIS
ME firms cautiously optimistic for year ahead growth

Almost half (49 per cent) of Middle Eastern institutions are somewhat or highly confident of hitting growth targets in the next 12 months, but more than a quarter (28 per cent) are pessimistic about prospects, a report said.

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ANALYSIS
90pc of energy companies seeking smart tech JV

Ninety per cent of energy companies from the EMEA and Asia-Pacific regions are actively seeking a smart energy technology joint venture or acquisition, said a report by global 100 law firm Pinsent Mason.

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NEWS IN PICTURES
Sporty drive

The sporty Lexus LX570, featuring a host of exclusive aesthetic upgrades on the standard LX 570 model, has made its way to Bahrain.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate

Top FM firms in Dubai Expo2020 partnership talks

Over 115 leading players in the facilities management (FM) sector took part in a crucial meeting with the Expo 2020 Dubai organisers to grab a share of the lucrative Dh11.5 billion ($3.13 billion) contracts being awarded this year alone.

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Retail & Wholesale

Smart home households set to reach 463m by 2021

Worldwide smart home households are predicted to grow more than fivefold from 90 million in 2016 to 463 million by 2021, said the organisers of Gitex Shopper 2017, the Middle East’s largest annual consumer electronics exhibition.

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Energy, Oil & Gas

MAP-Tech's USV remote control demo steals show at Seatrade

A live demonstration involving remote control of a USV located in Dubai from an autonomous control station situated in Adnec, Abu Dhabi is attracting many visitors at the Seatrade ffshore Marine and Work Boat Middle East 2017 show.

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Finance & Capital Market

Mena reinsurers ‘planning to stabilise earnings’

While domestic markets remain important to Mena reinsurers they are also looking further afield for diversification in order to stabilise earnings against the uncertainties and volatility of their local markets, a report said.

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Analysis, Interviews, Opinions

ME firms cautiously optimistic for year ahead growth

Almost half (49 per cent) of Middle Eastern institutions are somewhat or highly confident of hitting growth targets in the next 12 months, but more than a quarter (28 per cent) are pessimistic about prospects, a report said.

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Industry, Logistics & Shipping

Metsec delivers largest purlins project for Nakilat

Metsec, a UK-based cold roll-forming company providing products for construction and manufacturing industries, said it has delivered the largest purlins project for a major project being developed by Qatari marine company Nakilat.

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Travel, Tourism & Hospitality

Dubai airport passenger traffic tops 8m in August

Dubai International Airport (DXB) has registered yet another month of record passenger traffic with 8.2 million passengers welcomed in August, up 6.6 per cent compared to 7.72 million passengers for the same period in 2016.

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IT & Telecommunications

150 blockchain developers to graduate from ConsenSys

ConsenSys Academy, a unit of Blockchain City Advisor of Dubai, has announced its first developer program class of more than 150 blockchain developers, including 25 participants from the United Arab Emirates.

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Motoring

Chevrolet's 9-speed auto debuts at 2018 Equinox Premier

Chevrolet’s first nine-speed automatic transmission in the Middle East makes its debut in the 2018 Equinox Premier, advancing a legacy of multispeed transmissions designed to optimise efficiency, performance and refinement.

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Health & Environment

NMC Health plans major expansion in Saudi Arabia

NMC Health, a leading integrated healthcare provider operating across the UAE, has announced that it has received all regulatory approvals for its long-term care facility, Chronic Care Specialty Medical Center (CCSMC), in Jeddah.

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Media & Promotion

Dubai Chamber presents CSR label to 14 firms

The Dubai Chamber of Commerce and Industry honoured 14 companies for their corporate social responsibility and sustainability efforts during a ceremony held at its premises yesterday (September 24).

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Education, HR & Training

Six winners of 2017 WISE Awards announced

The World Innovation Summit for Education (WISE), a leading international initiative for innovation in education, has named the six winning projects of the 2017 WISE Awards, recognising innovative education initiatives.

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Miscellaneous
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