Thursday 13 December 2018

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FIRST EXPORTS IN H2 2019
EGA's $1.4bn Guinea project in final phase of construction

Emirates Global Aluminium (EGA) has announced that 75 per cent of the construction work on its $1.4-billion bauxite mining project at Guinea, West Africa, has been completed, clocking 9 million man hours of work without a Lost Time Injury (LTI).

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1

CONSTRUCTION TOPS LIST
Dubai non-oil private sector posts strong growth

Dubai’s non-oil private sector showed a stronger improvement in November with data reflecting faster expansions in business activity and new work and a stable trend in employment, said a report.

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2

'ENHANCES FLEXIBILITY'
DAE signs $535m revolving credit facility

Dubai Aerospace Enterprise (DAE) announced today that it has signed a new four-year unsecured revolving credit facility arranged by Emirates NBD as sole mandated lead arranger and bookrunner.

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3

SPECIAL REPORT
Are men now more calorie-conscious than women?

More men than women in the UAE actively look up the calorie content on Google or an app and would want the entire menu to have the calories displayed (46 per cent versus 37 per cent respectively), according to a new YouGov survey.

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4

SPOTLIGHT
Global wearables sales to grow 26pc in 2019: Gartner

Worldwide shipments of wearable devices will reach 225 million in 2019, an increase of 25.8 per cent from 2018, according to leading research and advisory firm Gartner in a new report.

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5

NEWS IN PICTURES
Shah Rukh Khan wows Muscat

Indian superstar Shah Rukh Khan speaks to his fans media at Vox Cinemas City Centre Muscat. Khan also interacted with the Omani media in the MAX screen and answered questions about his upcoming movie, Zero, which releases on December 21.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate

EGA's $1.4bn Guinea project in final phase of construction

Emirates Global Aluminium (EGA) has announced that 75 per cent of the construction work on its $1.4-billion bauxite mining project at Guinea, West Africa, has been completed, clocking 9 million man hours of work without a Lost Time Injury (LTI).

More…
Energy, Oil & Gas

Iraq needs $50bn investment for renewable energy projects

Iraq has embarked on an ambitious plan under which the country will supply 10 per cent of its energy needs from sustainable resources by 2028 through development of large-scale solar, wind and biomass facilities at an investment of $50 billion.

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Analysis, Interviews, Opinions

Scale-ups offer big window for economy growth: study

Countries can enrich the entrepreneurial ecosystem, and have a huge positive economic impact compared to that of regular SMEs, if they give one particular segment known as ‘scale-ups’ the focus it needs, a report said.

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Industry, Logistics & Shipping

Hueck Middle East opens new office in Dubai

Hueck Middle East (ME) Aluminium Systems, one of the leading and trusted aluminium solutions systems provider, has announced its new office set-up in Dubai as it continues to improve customer experience and enhance its profitability prospects.

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Travel, Tourism & Hospitality
IT & Telecommunications

Yokogawa Electric enhances field assistant software

Yokogawa Electric Corporation said it has enhanced the field assistant software for the field inspections of industrial facilities and is releasing it today as Field Assistant R2.03.

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Lifestyle

Danish confectionary brand Lakrids opens in Dubai

Leading confectionary brand Lakrids by Johan Bülow, which boasts a unique combination of Belgian chocolate and Danish liquorice, has unveiled its first flagship boutique at The Dubai Mall, the world’s largest shopping mall in the UAE.

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Health & Environment

Dubai to set up state-of-the-art cardiology centre

The Dubai Health Authority (DHA) is in the process of establishing a state-of-the-art cardiology centre, Humaid Al Qutami, director general of the DHA, has revealed.

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Education, HR & Training

Dubai education ‘likely to get more affordable’

The education sector in Dubai is expected to face pressure with a further 13 schools slated to open next academic year, bringing the total number of private schools in the Emirate to 207, said property consultant Knight Frank in a report.

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Miscellaneous

ADGM Courts launches fully digital courtroom

Abu Dhabi Global Market Courts (ADGM Courts), the internationally recognised, independent courts of ADGM, has opened for viewing its fully digital, bespoke courtroom at an event in the ADGM Building on Al Maryah Island.

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