Tuesday 24 May 2016

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NO TRACE OF EXPLOSIVES YET
Remains retrieved so far from EgyptAir site suggest blast

The human remains so far retrieved from the wreckage of the crashed EgyptAir plane suggest that there was an explosion aboard, an Egyptian forensics official and investigation sources said on Tuesday.

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UAE 'INCUBATOR FOR INNOVATION'
Dubai opens world’s first 3D printed building

Dubai has become home to the world’s first fully functional 3D printed building which was constructed using a special mixture of cement and a set of building materials designed and made in the UAE and the United States, said a report.

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2

POWER GRID INTEGRATION
Omani firms seal key electricity distribution agreement

State-owned companies Petroleum Development Oman (PDO) and Nama Group (formerly Electricity Holding Group) have signed an agreement for the speedy implementation of a more integrated and co-ordinated power grid across the sultanate.

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3

Slow response to past crashes could hinder EgyptAir search

Teams searching for the black box flight recorders of a missing EgyptAir jet that crashed with 66 people aboard face technical constraints that aviation experts increasingly blame on a slow regulatory response to earlier disasters.

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4

OPINION
UAE solar push may trigger a trend for the Gulf

As the Gulf states take steps to expand their use of clean energy, a bold plan by the UAE to boost its use of renewable electricity from less than one per cent to 24 per cent in the next five years could be a game-changer for the region, experts say.

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5

NEWS IN PICTURES
Professor Jolie

Hollywood actress Angelina Jolie will join the London School of Economics (LSE) as a visiting professor on a new masters course on women, peace and security, the school announced. The course will start next year.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate

Headline office rents steady in Dubai free zones

Office rents in the prime free-zones of Dubai, UAE held firm during the first quarter as occupancy levels remained high in core areas such as Dubai International Financial Centre, Dubai Media City and Dubai Knowledge Village, said a report.

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Retail & Wholesale

Dubai retains Top 2 international retailer slot

Dubai has retained its position as the second most important international shopping destination globally for the fifth consecutive year, closely behind London, said a report.

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Energy, Oil & Gas

Omani firms seal key electricity distribution agreement

State-owned companies Petroleum Development Oman (PDO) and Nama Group (formerly Electricity Holding Group) have signed an agreement for the speedy implementation of a more integrated and co-ordinated power grid across the sultanate.

More…
Finance & Capital Market

Dubai Group selling Shuaa stake, other assets in 2016

Dubai Group is in the process of selling its stake in Shuaa Capital and is also obliged to divest its holdings in EFG Hermes and Bank Muscat this year, the chief executive of Dubai Group's parent firm said on Tuesday.

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Analysis, Interviews, Opinions

UAE solar push may trigger a trend for the Gulf

As the Gulf states take steps to expand their use of clean energy, a bold plan by the UAE to boost its use of renewable electricity from less than one per cent to 24 per cent in the next five years could be a game-changer for the region, experts say.

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Industry, Logistics & Shipping

DP World set to price benchmark sukuk

Dubai-based ports operator DP World could price a benchmark-sized US dollar sukuk issue of seven years duration on Tuesday after it released initial price thoughts, a document from lead managers showed.

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Lifestyle

Louis Moinet unveils an out-of-this-world timepiece

Driven by two outsized opposing tourbillons set above the movement, while depicting the universe and its constellations moving in ethereal fashion, Louis Moinet's latest creation is an innovative new look at watchmaking by the Swiss atelier.

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Motoring

Ford to recall 48,700 EcoSport SUVs in India

Ford Motor Company has issued a voluntary recall of 48,700 EcoSport sport-utility vehicles (SUVs) in India to fix faulty fuel and brake lines and rear folding seats, the company's local unit said in a statement.

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Health & Environment

Dubai aims to produce artificial limbs at $109

Dubai Health Authority (DHA) has begun creating a 3D printing strategy for medical services where Dubai will take the initiative to produce artificial limbs for less than Dh400 ($109) using 3D printing by 2025.

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Media & Promotion

Facebook changes policies on 'Trending Topics'

Facebook said it had changed some of the procedures for its "Trending Topics" section after a news report alleging it suppressed conservative news prompted a US Congressional demand for more transparency.

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Education, HR & Training

Employee wellness programme helps drive growth: experts

Investing in employee wellness programmes is key to driving profitability and growth amid challenging business times, say some of the region’s top business leaders.

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Miscellaneous

Iconic planes on display at Bahrain exhibition

A new exhibition celebrating the strong civil and military aviation heritage between Bahrain and the United Kingdom will open at the Bahrain National Museum tomorrow (May 23) with iconic planes on display.

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