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Dubai unveils $300m hitech 'green' city project
Dubai Silicon Oasis Authority has announced the launch of its new Dh1.1 billion ($300 million) ‘Silicon Park,’ the first integrated smart city project to be built on a sprawling 150,000 sq m area in DSO.
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P&G wins product innovation awards
Procter & Gamble (P&G), one of the largest household products makers, won seven major product innovation awards at the 'Product of the Year Gulf 2014' awards ceremony held in Dubai.
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ME oil, gas transaction value up 15pc
The value of oil and gas transactions in the Middle East region surged to $3.1 billion in 2013, up 15 per cent when compared to $2.7 billion the previous year led by major upstream players UAE, Oman and Iraq, said a report.
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Kuwait Q3 trade surplus hits $23bn
Kuwait's foreign trade surplus widened to 6.4 billion dinars ($22.7 billion) in July-September from a revised 5.9 billion dinars in the previous quarter, data from the Central Statistical Bureau showed on Sunday.
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Taking the strain out of Gulf-US flights
Direct flights from the Gulf to America’s East Coast take about 15 hours, followed by lengthy queues at US Customs. Mindful of this, Abu Dhabi International Airport is now offering a pre-clearance facility.
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Spinneys to set up distribution centre at Kizad
Leading supermarket chain Spinneys has signed an agreement with Khalifa Industrial Zone Abu Dhabi (Kizad) to open a distribution centre with a dedicated cold storage facility at its logistics cluster.
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$40bn investment in Gulf airports likely
Middle East airports have planned massive development projects to meet future demands, with the Gulf states alone investing about $40 billion in infrastrucutre, said the International Air Transport Association (Iata).
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Du joins new global cable consortium
Du, a UAE telecom service provider, has joined an international consortium to build South East Asia - Middle East -Western Europe 5 (SEA-ME-WE 5) cable system.
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DSG ‘ready to implement Smart Dubai Strategy’
Dubai Smart Government (DSG) Department has affirmed its readiness to comply with the ‘Smart Dubai Strategy’ to convert the emirate into a smart city.
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Rolls-Royce to buy key Daimler stake
British engineering company Rolls-Royce said it would fund the purchase of German carmaker Daimler's 50 per cent stake of a jointly owned power systems company using cash and some borrowing.
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SARS virus claims one more victim in Saudi
Saudi Arabian health officials have reported one more death from the new respiratory virus related to severe acute respiratory syndrome (Sars), thus taking the death toll in the kingdom to 62.
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Hollywood blockbuster 'Noah' faces GCC ban
Three GCC countries - Qatar, UAE and Bahrain, have banned the Hollywood film "Noah" on religious grounds even before its worldwide premiere and several others are expected to follow suit.
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Bayt.com launches Employer of Choice Awards
Bayt.com, the region’s number one job site, has launched its Employer of Choice Awards that will recognise companies for their corporate wellness values as related to employee engagement and employer branding activities.
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Top businesswomen in Bahrain honoured
Leading businesswomen in the country were honoured yesterday in a ceremony held at the Ramli Mall.
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