Tuesday 15 October 2024

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140,000 sqm MORE EXPO SPACE
Mace lands DEC Phase 1 project and design management contract

Mace, a key project delivery consultant and construction expert, has secured a Dubai World Trade Centre contract for project, design management services for Phase 1 of its AED10 billion ($2.7 billion) Dubai Exhibition Centre expansion at Expo City Dubai.

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ENVIRONMENTAL SUSTAINABILITY
Hafeet Rail signs up Caterpillar unit to supply freight locomotives

Hafeet Rail, the developer of UAE-Oman Rail Network, has awarded a contract to Progress Rail, a Caterpillar company, for supply of 27 units of heavy-haul freight locomotives, all custom-designed to withstand the region's unique environmental conditions.

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PROVISION OF TECHNICAL SUPPORT
French engineering group Systra wins Hafeet Rail consultancy deal

Hafeet Rail, the developer of Omani-Emirati railway network, has signed up Systra, a leading French engineering and consultancy firm specialising in public transport and infrastructure, to provide engineering consultancy services for the joint network.

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3

ANALYSIS
From Boomers to Zoomers: how retailers can boost sales and loyalty

Different generations want to communicate with businesses and brands ahead of Black Friday. However, creating an appropriate omnichannel strategy for this can be challenging. Get it wrong and brands may lose sales or even loyal customers, says an expert.

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Top Trade News

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Industry Sectors

Construction & Real Estate

Mace lands DEC Phase 1 project and design management contract

Mace, a key project delivery consultant and construction expert, has secured a Dubai World Trade Centre contract for project, design management services for Phase 1 of its AED10 billion ($2.7 billion) Dubai Exhibition Centre expansion at Expo City Dubai.

More…
Energy, Oil & Gas

KCA Deutag lands $402m GCC rig contract extensions

KCA Deutag, a leading global drilling and engineering company catering to onshore and offshore projects, said it has secured new land contracts and extensions in GCC worth $402 million, including four rigs in Saudi Arabia and another three in Oman.

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Finance & Capital Market

GFH wins investors' approval for $500m sukuk programme

GFH Group, a leading regional financial group with major interests in asset management and real estate, said it has won approval from shareholders for the issuance of a sukuk worth $500 million in one or more tranches through a special purpose vehicle.

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Analysis, Interviews, Opinions

Prioritising mental health in the workplace vital

Despite heightened awareness, mental health challenges remain pervasive in professional settings worldwide, with profound impacts on both employees and organisations.

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Industry, Logistics & Shipping

Adnoc to close acquisition of controlling stake in Fertiglobe

Abu Dhabi National Oil Company (Adnoc) has announced that its acquisition of OCI’s 50% + 1 share stake in Fertiglobe, which was announced in December last year, has received all required approvals and is expected to close this week.

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Travel, Tourism & Hospitality

Etihad boosts weekly flights from Abu Dhabi to Jaipur

Etihad Airways has announced plans to increase its weekly flights from its Abu Dhabi hub to Indian city of Jaipur to 10 effective mid-December. The move comes following the UAE airline’s recent launch of operations to the northern state of Rajasthan.

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IT & Telecommunications

Fintech Surge lays strategic focus on finance, investment

Future Blockchain Summit and Fintech Surge brought together industry pioneers from around the world to discuss the latest advancements in web3, crypto, banking and decentralised finance.

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Motoring

Zayani Motors rolls out all new Mitsubishi XForce

Zayani Motors, the exclusive distributor of Mitsubishi Motors in the Kingdom of Bahrain, has officially unveiled its all-new XForce model in Bahrain. A stylish, versatile and compact SUV, it is targeted at young families and new generation of drivers.

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Media & Promotion

Adnec achieves ISO certification for information security management

Adnec Group said that its Information Security Management System (ISMS) has been ISO-certified after successfully passing all audits and inspections to verify compliance with information security governance and protection requirements.

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Education, HR & Training

Al Ghunaim & Al Humaidhi Law Firm gets new Kuwait partner

Al Ghunaim & Al Humaidhi Law Firm, a pioneer in commercial litigation, dispute resolution and corporate consulting in Kuwait, has announced the joining of Reem Faisal Al Khalid, an industry veteran with over 17 years of experience, as its new partner.

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Miscellaneous

Some 10m stolen records from Mideast on the dark web

In the first half of 2024, Kaspersky’s Digital Footprint Intelligence (DFI) team discovered and analysed almost 10 million records of stolen user accounts, most widespread in Egypt, Saudi Arabia and the UAE.

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