0
SAUDIA REQUEST STILL PENDING
Qatar 'has not yet given permission for pilgrim flights'
Saudi Arabian Airlines has so far been unable to schedule its flights to transport Qatari Haj pilgrims from the Hamad International Airport in Doha due to lack of permission from Qatari authorities, a senior Saudi official said.
1
PROGRESSIVE GROWTH
UAE Central Bank reserves surge to $34 billion in H1
The banking sector increased its statutory reserves at the UAE Central Bank by Dh8.6 billion ($2.34 billion) during H1, 2017, bringing to Dh125.5 billion ($34.16 billion) the total required reserves by the end of June, a report said.
2
NEW BRAND TO HANDLE LEASING
Dubai Aerospace completes acquisition of Awas
Dubai Aerospace Enterprise (DAE) has completed the previously announced acquisition of the Awas group of companies, a global leader in commercial aircraft leasing, propelling DAE into the top tier of global aircraft lessors.
3
ANALYSIS
GCC currency pegs remain resilient despite low oil
Currency pegs across the GCC remain resilient despite the drop in oil prices, said an industry expert, noting that while the region’s reserves will allow countries to withstand pressures on the peg, diversification and reforms are crucial.
4
ANALYSIS
Liverpool, an 'ideal destination for property investment'
Liverpool has become one of the top places to invest in the UK property market over the last few years. Find out why the city is popular and what it offers for Middle Eastern investors.
5
NEWS IN PICTURES
Underwater Yoga
The biggest underwater yoga class in Dubai is back on August 22 in front of Atlantis, The Palm’s Ambassador Lagoon from 7:30am-8:30am.
Top Trade News
|
|
|
 | Industry Sectors |
GCC project awards to stay steady at $117bn this year
The total value of contract awards in the GCC projects market this year is expected to stay steady at $117 billion compared to last year, a report said.
More…
Samsung launches new home appliances campaign
Samsung Electronics has launched its new brand campaign for home appliances in 10 countries around the world, highlighting its mission to make a meaningful difference in people’s lives.
More…
Masdar signs EPC contract to build Oman wind farm
Masdar, Abu Dhabi’s renewable energy company, has signed an engineering, procurement and construction (EPC) contract with a global consortium comprising GE and Spain’s TSK to build the first large-scale wind farm in Oman and the GCC.
More…
Barclays expands private bank team in Mena
Barclays announced today the appointment of Bjorn Holderbeke as Mena head of global investments and solutions (GIS) for its private bank.
More…
Leveraging the cloud to manage workforce
Leveraging the cloud has become a fast and more cost-effective way for companies large and small to streamline HR processes and scale services as they expand, says global management consulting firm Accenture in a new report.
More…
Qatar's QSTec helps SolarWorld come out of insolvency
Qatar Solar Technologies (QSTec) has revealed that it has successfully come to an arrangement which would see Germany-based SolarWorld Industries emerge from insolvency and ensure the continuation of solar photovoltaic module manufacturing.
More…
Sharjah Summer campaign offers fun events, discounts
Sharjah is buzzing with activities and events, organised by tourism department as part of its Sharjah Summer Campaign, as it seeks to promote the emirate as a leading regional and international summer destination.
More…
NYU Abu Dhabi researchers develop new chip security
Researchers at the New York University Abu Dhabi’s (NYUAD) Design for Excellence (Dfx) lab have developed new innovations in computer chip technology that present landmark achievements in IT security, the university said.
More…
ME becoming increasingly popular as a luxury destination
The region’s growing influence as a high-end tourist destination has been reaffirmed as hotels from Oman, Kuwait, Morocco, and the UAE have been listed as this year's Luxury Hotel of the Year finalists.
More…
Dubai’s RTA links 20-year-old trucks with smart centre
Dubai’s Roads and Transport Authority (RTA) has started linking trucks that had been in service for 20 years or more with the Smart Monitoring Centre of RTA’s Licensing Agency.
More…
$55bn healthcare projects coming up in Mena
Healthcare projects worth $55.2 billion are currently in the pipeline in the Middle East and North Africa (Mena) region, according to latest industry estimates.
More…
Dubai Cares in drive to educate children in Colombia
Dubai Cares, part of Mohammed Bin Rashed Al Maktoum Global Initiatives, has launched a new Dh11 million ($3 million) programme to protect and empowering thousands of vulnerable children caught in the midst of conflict in Colombia.
More…
Dubai officials to attend service quality training at Disney Institute
Smart Dubai is organising a trip for Happiness Champions from various government entities in Dubai to attend a training course on the ‘Quality of Service’ at the Disney Institute in Orlando, US.
More…
Agthia opens first store in Dubai
Agthia Group, a leading food and beverage group in the UAE, has opened its first store in Dubai and launched a partnership programme with UAE government institutions.
More…
