Monday 21 September 2020

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TIE-UP WITH US OPERATOR
ICD launches unique global wholesale market in Dubai

The Investment Corporation of Dubai (ICD), in partnership with Dubai South, has announced the launch of Dubai Global Connect (DGC), a one million square metre B2B wholesale market in Dubai.

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FILM FESTIVAL PLANNED
Abu Dhabi, Israel sign pact on film & TV production

The Abu Dhabi Film Commission (ADFC), the Israel Film Fund (IFF) and the Jerusalem Sam Spiegel Film &Television School (JSFS) have reached an overarching agreement centered around goodwill and partnership in the fields of film and television.

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2

TOP FIRMS SIGN MoU
DP World, Bank Leumi eye Israeli logistics investment

DP World, a global infrastructure-led supply chain solutions provider, and Bank Leumi, Israel's oldest banking corporation, have signed an MoU to work together to enhance trade and logistics in Israel.

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3

INTERVIEW
Peace accord with Israel a fresh approach: UAE minister

The accord between the UAE and Israel is a fresh approach since the "old approach of the empty chair, no communications, no bridges has not worked," said Dr Anwar bin Mohammed Gargash, the UAE’s Minister of State for Foreign Affairs, in a CNN interview.

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4

SPECIAL REPORT
UAE space sector ‘could drive growth for next 50 years’

Space industry could become one of the UAE’s most promising sectors and a key pillar of economic growth over the next 50 years, according to a new whitepaper released by Dubai Chamber of Commerce and Industry.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate

The Big 5 gears up for debut Digital Festival - Global

The Big 5, a leading event for the construction industry, is launching the first Big 5 Digital Festival-Global this year. The online event, to run from November 23 to 26, will see experts discuss the challenges for the sector in a post-Covid world.

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Retail & Wholesale

ECity to open 4 new retail outlets in UAE next year

UAE-based consumer electronics retail group ECity has announced the launch of its newest store at the Yas Mall in Abu Dhabi. A subsidiary of leading conglomerate Albatha Holding, ECity is set to open four more outlets across the country next year.

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Energy, Oil & Gas

Khurais becomes 2nd Aramco unit to join WEF Lighthouse Network

The World Economic Forum (WEF) has recognised Aramco’s Khurais oil facility as a leader in the adoption and integration of cutting-edge technologies of the Fourth Industrial Revolution (4IR).

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Finance & Capital Market

Mideast economies to contract 7.6% in 2020: ICAEW

Economies in the Middle East are forecast to shrink by 7.6% this year, almost double the 3.9% contraction which they predicted in April, said the Economic Outlook report from Oxford Economics, commissioned by ICAEW.

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Analysis, Interviews, Opinions

The future won’t be 'normal' at all

Industry leaders in the next wave will use each advance to move toward a new future, not back to an old idea of “normal”, say two industry experts, noting that the lessons of the past few months to build operating models of the future.

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Industry, Logistics & Shipping

Adnec in deal with Reed Expo to buy top security event

Abu Dhabi National Exhibitions Company (Adnec), part of ADQ, has reached a strategic partnership deal with Reed Exhibitions to acquire ISNR Abu Dhabi, a leading conference in Middle East and North Africa that covers security equipment sector.

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Travel, Tourism & Hospitality

Abu Dhabi Airport launches new faster transit service

Abu Dhabi International Airport has launched a new initiative for international transfer passengers, facilitating shorter connection times by increasing the speed of airport transit, thus delivering an enhanced and seamless passenger experience.

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IT & Telecommunications

Seidor buys into region's largest SAP business partner

Seidor, a multinational consultant in technology sector offering a wide range of solutions in key industries such as infrastructure and outsourcing, said it has acquired a majority stake in Procons-4IT, an accredited SAP Gold partner in the region.

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Lifestyle

The Avenues-Bahrain to celebrate 3rd anniversary in style

The Avenues-Bahrain, the first commercial and leisure mall of its kind in the kingdom with a unique 1.5-km-long waterfront, is celebrating its third anniversary in style with a Shop and Win promotion which runs until October 29.

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Motoring

Scania launches first series of electric trucks

Scania, a leading provider of transport solutions, has launched its first series of fully electric trucks; a major milestone in the Swedish group's journey as it drives the transition to a more sustainable transport system through electrification.

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Health & Environment

Oman lays foundation stone for 700-bed hospital

Oman has laid the foundation stone for the new Sultan Qaboos Hospital in Salalah which is being set up at an investment of RO129 million ($334 million). The work on the 700-bed facility coming up over a 94,400 sq m area will be completed in four years.

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Media & Promotion

Expo Centre Sharjah resumes activities with electronics expo

Expo Centre Sharjah is currently hosting the Electronics Exhibition, the first event the centre has organised after the gradual return to normal life and the resumption of activities and events in the city, while taking all the Covid-19 precautionary meas

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