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HAIL & GHASHA DEVELOPMENT
KBR wins new PMC deal for Abu Dhabi sour gas project
KBR has been awarded a project management consultancy (PMC) services contract by OMV Offshore Abu Dhabi on behalf of Adnoc for the management of the front-end engineering design phase of the Hail and Ghasha Development project in Abu Dhabi.
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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.
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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.
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ANALYSIS
Why families should choose frozen
People must embrace not only frozen food products, but also freeze more of their fresh food, avoiding wastage and creating more healthy meal choices, says Americana Foods, a region’s leading frozen food retailer in the region.
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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.
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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 |
Drake & Scull unit awarded Business Bay tower deal
Drake & Scull International has confirmed that its subsidiary, Gulf Technical Construction Company (GTCC), has been awarded a Dh175-million ($47.64 million) contract to build a residential tower in Dubai's Business Bay.
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HTC Vive reduces price to $707
HTC Vive has announced a Dh700 ($190) price reduction for Vive, making the virtual reality (VR) system available for Dh2,599 ($707).
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Yellow Door Energy to install solar plant for Elcome
Yellow Door Energy (YDE), a Dubai-based firm that invests in and operates distributed solar and energy efficiency assets, will install a 311 kWp solar photovoltaic (PV) plant at Elcome's headquarters in Dubai Investments Park, Dubai, UAE.
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Goldman Sachs Saudi gets licence to expand
Goldman Sachs has been authorised to perform activities such as principal dealing, underwriting, managing investment funds and custody activities in Saudi Arabia.
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Why families should choose frozen
People must embrace not only frozen food products, but also freeze more of their fresh food, avoiding wastage and creating more healthy meal choices, says Americana Foods, a region’s leading frozen food retailer in the region.
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140 top brands to participate at Gulf Glass in Dubai
More than 140 regional and international brands will display their latest products and solutions at Gulf Glass, the largest flat and container glass event in the region, to be held in Dubai, UAE.
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Increased passenger numbers at RAK airport
Ras Al Khaimah (RAK) International Airport expects 2017 to be just as promising as 2016 as passenger, movements and cargo tonnage records continue to grow.
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Pure Storage to showcase all-flash data platform
Pure Storage will showcase its latest cloud-enabled, all-flash data platform for cloud at the upcoming Gitex Technology Week, a top show for the IT industry, in Dubai, UAE.
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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.
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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.
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Big rise in number of mall-based opticians in UAE
There is a 22 per cent rise in the number of shopping mall-based opticians in the UAE since 2014 and these locations now account for one third of all such outlets in the Emirates, a report said.
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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.
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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.
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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.
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