Sunday 26 February 2017

0

INFRASTRUCTURE WORKS UNDERWAY
$643m Abu Dhabi residential project on track for 2019 launch

Abu Dhabi General Services Company (Musanada) said work was progressing well on its Dh2.5 billion ($643 million) residential development at Madinat Zayed in the UAE capital. It is due for completion by the end of 2019.

more…

1

EARLY WARNING RADAR SYSTEM
Raytheon lands $1.06bn Qatar air defence contract

US-based Raytheon, a major defence equipment manufacturer, has been awarded a $1.06 billion contract by Qatar government for an early warning radar system that will be integrated into the country's air and missile defence enterprise.

more…

2

SET FOR AUSTRALIA FORAY
Dubai group KBW launches Islamic real estate fund

KBW Investments, a UAE-based portfolio group active in key sectors including construction, manufacturing and engineering, has announced the launch of its premier flagship Sharia-compliant real estate investment fund (REIF)

more…

3

ANALYSIS
Reforms open window for new investment in Egypt

The current economic reforms in Egypt, in particular the draft investment law and the floatation of the pound, herald a new era for the country and present the time for business expansion and foreign investment, said an industry expert.

more…

4

SPECIAL REPORT
Seven Earth-size planets found, may hold life: Nasa

Nasa has found a solar nearby solar system with seven Earth-size planets, with three of them orbiting at the right distance for liquid surface water, enhancing the prospects of discovering extraterrestrial life.

more…

5

NEWS IN PICTURES
New formula

Britain's Lewis Hamilton (L) and Finland's Valtteri Bottas (R) unveil the new Mercedes W08 Formula One car and Mercedes-AMG Petronas driving team for the 2017 F1 Season at Silverstone, Northamptonshire, Britain on February 23.

more…

Top Trade News

icondown

Industry Sectors

Construction & Real Estate

$643m Abu Dhabi residential project on track for 2019 launch

Abu Dhabi General Services Company (Musanada) said work was progressing well on its Dh2.5 billion ($643 million) residential development at Madinat Zayed in the UAE capital. It is due for completion by the end of 2019.

More…
Retail & Wholesale

Kalyan celebrates Valentine’s Day with 100 lucky couples

Kalyan Jewellers, one of the region’s leading jewellery brands, is bringing 100 couples together at a grand event featuring brand ambassador and style diva Sonam Kapoor as part of its Valentine's Day celebrations.

More…
Energy, Oil & Gas

Lebanon to go ahead with offshore gas licensing round

The Lebanese government is set to continue the first round of oil and gas tenders and award the contracts to the winning companies based on transparent standards, said a report, citing a senior minister.

More…
Finance & Capital Market

UAE food prices likely to increase in 2017

The food prices in the UAE are likely to increase this year owing to the surging demand across the emirates in addition to the spillover effects from a rise in agricultural food prices in 2017, said an expert.

More…
Analysis, Interviews, Opinions

Building the ship of the future

Ships of the future will have to be lighter, smarter, cleaner, more reliable, more efficient, and safer. Sounds like a tall order, but that’s where the industry is headed, say experts.

More…
Industry, Logistics & Shipping

Jafza's F&B sector registers 22pc growth

Jebel Ali Free Zone (Jafza), the UAE’s flagship trade and logistics hub for the Middle East and Africa (MEA) region, said it has registered a 22.5 per cent growth in foreign companies from the food and beverage sector (F&B) over last year.

More…
Travel, Tourism & Hospitality

Bahrain marks Arab Tourism Day in style

Bahrain recently organised ‘Arab Tourism Day,’ , an initiative aimed at simulating intra-regional tourism and fostering industry activity, under the theme “Tourism & the Development of Local Communities” in capital Manama.

More…
IT & Telecommunications

Zain picks Verscom solutions to manage wholesale business

Zain, a leading telecom operator across the Middle East and Africa region, has signed up Verscom Solutions, a key systems integrator and an innovative cloud PaaS/SaaS service provider, to efficiently manage the wholesale business.

More…
Lifestyle

Saudi women cosmetics market to grow 11pc

Aggressive advertising coupled with increasing disposable income will see the market of women cosmetics in Saudi Arabia grow at a compunded annual growth rate (CAGR) of over 11 per cent during 2017 - 2022, a report has revealed.

More…
Motoring

Mazda Qatar launches new-look website

National Car Company, the exclusive agent for Mazda vehicles in Qatar, has announced the launch of a fully-redesigned website with enhanced shopping tools and seamless navigations.

More…
Health & Environment

DHA inks deal with Emirates Hospital Group

The Dubai Health Authority (DHA) has signed an agreement with Emirates Hospital Group to boost cooperation in the field of rehabilitation and provide quality intensive rehab care to the patients.

More…
Media & Promotion

Bahrain Bay opens new waterfront walkway

Bahrain Bay, a $2.5-billion real estate development located on the north coastline of Manama, has announced the opening of the Promenade, a waterfront walkway inspired by locations such as Sydney (Australia) and Vancouver (Canada).

More…
Education, HR & Training

Alba signs MoU with Bahrain Polytechnic

Aluminium Bahrain (Alba), the Bahrain-based international aluminium smelter, recently signed a Memorandum of Understanding (MoU) for co-operation with Bahrain Polytechnic.

More…
Miscellaneous

Raytheon lands $1.06bn Qatar air defence contract

US-based Raytheon, a major defence equipment manufacturer, has been awarded a $1.06 billion contract by Qatar government for an early warning radar system that will be integrated into the country's air and missile defence enterprise.

More…
Live rates widget is provided by DailyForex.com - Forex Reviews and News

calendarCalendar of Events

Ads

Recommended Links

ABC-Bahrain

DHgate

Robot for Binary Option