Sunday 23 February 2020

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CORONAVIRUS
China sees fall in new cases; concern over spread

China reported a sharp decrease in the number of new deaths and new cases of the coronavirus on Saturday, saying the spread of the COVID-19 epidemic in the country has preliminarily been contained.

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1,449 APARTMENTS, 700 VILLAS
Work to begin soon on $735m Abu Dhabi residential project

Modon Properties, a master developer of sustainable communities and strategic mixed-use projects in Abu Dhabi, said work is set to begin soon on its Dh2.7 billion ($735 million) Jabal Al Dhanna residential project located in Al Dhafra region.

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FOCUS ON GIANT GHADAN SCHEME
Abu Dhabi eyes $2.72bn PPP infrastructure projects

The Abu Dhabi government has announced that it aims to procure approximately Dh10 billion ($2.72 billion) worth of infrastructure projects this year under its public-private partnership (PPP) model in a range of sectors across the emirate.

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3

SPOTLIGHT
Electric scooters vulnerable to remote hacks

Many e-scooters rely on a combination of Bluetooth Low Energy (BLE) and the rider’s smartphone Internet connection to run, as well as to send data to the service provider, opening up avenues for potential attacks, says an industry expert.

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ANALYSIS
Next generation of data centres – predictions for 2020

Over the next year or so, major changes in green energy are expected to be introduced by the government and energy generation and distribution companies, which will have a major impact on the data centre industry, says an industry expert.

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NEWS IN PICTURES
New arrival

A family of water buffalo greenkeepers, famous for tending to the rice paddies on one of Vietnam’s top-rated golf courses, has welcomed a new member to the workforce: new-born baby Luna.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate

Abu Dhabi Ports opens Marsa Mina at Zayed Port

Abu Dhabi Ports announced today the inauguration of “Marsa Mina”, the city’s new waterfront lifestyle destination at Zayed Port, heralding the area’s transformation into an entertainment destination for international visitors and the local community.

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Energy, Oil & Gas

Oil set to recover as coronavirus fears retreat: report

There has been a continued moderation in new coronavirus cases and certain supply-side risks resulting a “U-shaped” recovery in oil prices, said the latest Oil Market Weekly from MUFG.

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Finance & Capital Market

Ithmaar Bank reports stable, consistent growth

Ithmaar Bank, a Bahrain-based Islamic retail bank, has posted a net profit of BD2.48 million ($6.53 million) for 2019, an 82.5 percent decrease compared to the net profit of BD14.14 million reported for 2018.

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Analysis, Interviews, Opinions

Electric scooters vulnerable to remote hacks

Many e-scooters rely on a combination of Bluetooth Low Energy (BLE) and the rider’s smartphone Internet connection to run, as well as to send data to the service provider, opening up avenues for potential attacks, says an industry expert.

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Industry, Logistics & Shipping

Top exhibitors 'rethink food' at Gulfood

Leading food and beverage (F&B) companies from across the globe, innovative finished food brands, supply chain disruptors and next-generation producers ‘rethinking food’ are participating in Gulfood 2020, being held in Dubai, UAE.

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IT & Telecommunications

Ericsson launches AI-based network services

Ericsson has launched two new artificial intelligence (AI)-powered offerings in its network services portfolio, enabling communications service providers to secure always-on networks and deliver optimal user experiences.

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Lifestyle

Dubai Culture announces seventh edition of Arts Season

Dubai Culture has announced the opening of the seventh edition of Dubai Art Season, the annual flagship art initiative hosted under the patronage of Her Highness Sheikha Latifa Bint Mohammed Bin Rashid Al Maktoum, chairperson of Dubai Culture.

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Motoring
Health & Environment

DHA trauma centre among top 10 in Mena, Europe

The Trauma Centre of Rashid Hospital, a unit of Dubai Health Authority, has been ranked as one of the top 10 in the Mena region and Europe, said a top health official.

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Media & Promotion

Heart of Expo 2020 Dubai inaugurated

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, have inaugurated Al Wasl Plaza – the heart of the Expo 2020 Dubai site.

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Education, HR & Training

Manchester university starts new real estate degree course

University of Manchester has launched a new part-time master’s degree course in the Middle East for those working in the real estate industry and associated professional services, or working professionals with an interest in building a career in real esta

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Miscellaneous

UAE replaces tula with grams in perfume markets

The UAE will enforce a mandatory application of the "gram /millilitre" unit system instead of "tula" in the perfume trade in all of the country’s markets, starting today (February 20),a media report said.

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