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EGYPT, IRAQ OUTPUT BOOST
Dana Gas hits 70,000bpd record production in November
UAE-based Dana Gas said its group production surged to a record 70,000 barrels per day (bpd) following the successful drilling programme in Egypt and the ramp up of production from its debottlenecking project in the Kurdistan region of Iraq.
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60pc STRUCTURAL WORK COMPLETE
Dubai’s Meydan One on track for early 2020 launch
Leading master-developer Meydan Group said 60 per cent of structural work has already been completed at its pioneering, next-generation lifestyle and retail destination, Meydan One, in Dubai with the project set for launch in early 2020.
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DEAL INKED WITH SAUDI ARAMCO
US group NESR to build hitech facility in Saudi Arabia
US-based National Energy Services Reunited Corporation, a leading provider of integrated energy services in the region, has inked a deal with Saudi Aramco to build a hitech facility within the newly launched King Salman Energy Park (Spark).
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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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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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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.
Top Trade News
 | Industry Sectors |
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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Bahrain Autumn Fair to feature 650 stalls
More than 650 stalls from 19 countries will take part in Bahrain’s Autumn Fair which returns for its 30th edition from January 23 to 31.
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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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Goldilocks buys stake in Takaful Emarat - Insurance
Goldilocks Investment Company Limited today announced that it has acquired a 29.49 per cent stake in Takaful Emarat - Insurance.
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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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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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Dnata completes acquisition of US-based 121 Inflight Catering
Dnata, one of the world’s largest air services providers, has announced that it has completed the acquisition of New York-headquartered inflight and VIP caterer, 121 Inflight Catering.
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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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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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Hyundai unveils solar charging tech for vehicles
Hyundai Motor and Kia Motors have announced plans to introduce solar charging technology on selected Hyundai Motor Group vehicles.
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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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Spectacular artist line-up named for Abu Dhabi Festival
The Abu Dhabi Music and Arts Foundation (ADMAF) has announced a diverse range of programmes as part of the Abu Dhabi Festival 2019 (ADF19).
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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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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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