Wednesday 1 April 2015
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Industry Sectors

Construction & Real Estate
Retail & Wholesale
Energy, Oil & Gas
Finance & Capital Market
Analysis, Interviews, Opinions
Industry, Logistics & Shipping
Travel, Tourism & Hospitality
IT & Telecommunications
Government & Laws
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Health & Environment
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Education, HR & Training
Miscellaneous
Construction & Real Estate

Al Jaber Group suspends CFO

Abu Dhabi's Al Jaber Group, which restructured substantial debt last June, has suspended its chief financial officer ahead of disciplinary action, the conglomerate said on Wednesday.

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Retail & Wholesale

Gitex Shopper Spring 2015 opens in Dubai

Gitex Shopper Spring 2015, one of the biggest consumer electronics retail shows in the Middle East, opened today (April 1) in Dubai, UAE, featuring a mix of regional and global brands and retailers offering deals on over 35,000 products.

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Energy, Oil & Gas

Taqa slashes capex plans after big Q4 loss

Abu Dhabi National Energy Company (Taqa), the state-owned oil explorer and power supplier, said on Wednesday it would slash its capital expenditure plans and costs after posting big losses in the fourth quarter on lower oil prices.

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Finance & Capital Market

Ahli United plans to raise $4bn in financial instruments

Bahrain-based Ahli United Bank (AUB) Group may raise $4 billion in bonds, loans or any other similar subordinated financial instruments, following shareholder approval for the proposal, it has emerged.

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Analysis, Interviews, Opinions

Basel III ‘will aid Islamic banks' liquidity management’

Liquidity management instrument offerings remain limited in Islamic finance, but Basel III's liquidity coverage ratio is likely to create opportunities for their growth, a Standard & Poor's report said.

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Industry, Logistics & Shipping
Travel, Tourism & Hospitality
IT & Telecommunications

South Sudan plans fibre-optic cables

South Sudan plans to lay a fibre-optic cable to bring broadband Internet to its citizens in the next two years, its minister for telecommunications and postal services said.

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Motoring

Jaguar Mena launches ‘Rapid Drop-Off Service’

Leading manufacturer of premium luxury vehicles Jaguar Mena has launched the Jaguar Rapid Drop-Off Service, underscoring efforts to offer Jaguar owners a five-star customer experience.

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Health & Environment

650 experts for Abu Dhabi environmental summit

More than 650 delegates from government, UN bodies and the private sector will discuss the information gap policy makers face in designing plans for sustainable development at an upcoming conference in Abu Dhabi, UAE.

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Media & Promotion

Qatar 2022 World Cup ‘may not need cooling systems’

A winter World Cup in Qatar may not require cooling systems to lower temperatures in the stadiums as proposed in the bid for a summer tournament, said an executive from the Gulf state's 2022 organising committee.

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Education, HR & Training

Autodesk launches 3D design, printing app for kids

Autodesk, a leader in 3D design and engineering software, has launched Tinkerplay, a free app designed for kids of all ages that introduces creative play through 3D design and 3D printing.

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Miscellaneous

US ends freeze on military aid to Egypt

The United States announced on Tuesday it was lifting its hold on the supply of military equipment to Egypt, which was frozen when the military took power in Cairo nearly two years ago.

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