Thursday 19 July 2018
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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
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Construction & Real Estate

Kuwait inks $48.5m infrastructure projects deal

Kuwait has awarded contracts worth KD14.72 million ($48.5 million) for infrastructure development including construction and maintenance of roads and bridges besides several key waterways and sewerage projects in the capital, said a report.

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Retail & Wholesale

Saudi food chain Shawarmer opens 80th outlet

Innovative Foods has announced the opening of its 80th Shawarmer restaurant in Saudi Arabia with its first airport installation at Riyadh King Khalid International Airport (KKIA) Terminal 5.

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Energy, Oil & Gas

Empower awards $48m pipe network extension projects

Emirates Central Cooling Systems Corporation (Empower) has awarded Dh175 million ($48 million) contracts for the extension of its district cooling pipe networks on Sheikh Zayed Road to serve Al Wasl Tower and Dubai Arena area.

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Finance & Capital Market

Emirates NBD H1 profit jumps 29pc to $1.36bn

Emirates NBD, a leading bank in the region, delivered a record set of results with net profit up 29 per cent to Dh5 billion ($1.36 billion) for the first half of this year.

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Analysis, Interviews, Opinions

Kids spend 2-1/2 hours a day on Smart devices: study

Close to 9 in 10 children across UAE and Saudi Arabia have access to tablets, smartphones or other handheld devices and these children spend an average of two and a half hours every day on them, a new YouGov research reveals.

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Industry, Logistics & Shipping

DP World JV acquires majority stake in India firm

Hindustan Infralog Private Limited, a joint venture between DP World and the National Investment and Infrastructure Fund, has closed the transaction to acquire 90 per cent stake in Continental Warehousing Corporation (Nhava Seva) in India.

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Travel, Tourism & Hospitality
IT & Telecommunications

Batelco plans major mobile network upgrade

Batelco, the leading digital solutions provider in Bahrain, is enhancing its mobile networks in a major upgrade that will elevate communication standards in the kingdom.

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Motoring

Huawei, Audi in tie-up for connected vehicles

Huawei, a global provider of ICT solutions, and German automaker Audi have partnered to develop projects in the area of intelligent connected vehicles as well as advancement of automated driving and the digitalization of services.

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Health & Environment

Omani groups start work on prosthetic services centre

Work has started on a RO155,000 ($181,380) prosthetic and orthotic services centre being built by Omani group Sohar Aluminium at Khoula Hospital in collaboration with Salalah Methanol Company and Oman India Fertilizer Company, said a report.

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Media & Promotion

APCO Worldwide unveils AI-powered lab

US-based APCO Worldwide has launched the APCO AI Comms Lab, a first-of-its-kind innovation centre that leverages artificial intelligence-powered solutions to build and protect the reputations of major global brands, governments and organisations.

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Education, HR & Training

Abu Dhabi starts work on two major school projects

Abu Dhabi General Services Company (Musanada) has started work on two kindergartens at an investment of Dh85 million ($23.1 million) in Al Falah area of the capital. These schools will boast a built-up area of 11,000 sq m, said a report.

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Miscellaneous

Xi visit to unlock full potential of China-UAE ties

Chinese President Xi Jinping plans to work with the UAE leaders to draw up a blueprint for China-UAE cooperation so as to unlock its full potential and advance bilateral relations to a higher level.

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