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MIDDLE EAST LEADS RECOVERY
International tourist arrivals hit 96% of pre-pandemic levels
International tourism bounced back to 96% of pre-pandemic levels in the seven months through July 2024, driven by strong demand in Europe and the re-opening of markets in Asia and the Pacific.
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LTA INKED WITH SAUDI ARAMCO
Saipem lands $2bn offshore EPC contract in Saudi Arabia
Saipem, a leading engineering and construction company, said it has been awarded a new offshore EPC contract worth $2 billion, under the existing Long-Term Agreement (LTA) with Saudi Aramco, for the development of the Marjan field in Saudi Arabia.
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PLAN TO DEVELOP ISLANDS
Aldar, Mubadala set up JVs to manage $8.17bn assets
Aldar Properties and Mubadala Investment Company, Abu Dhabi's sovereign wealth fund, have announced plans to establish a series of joint ventures. These ventures aim to own and manage assets across Abu Dhabi, valued at over AED30 billion ($8.17 billion).
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INSIGHT
Technology 'set to transform hospitality, tourism in a big way'
The region’s hospitality and tourism industry is checking into tech in a big way. From revolutionising the guest experience to smart energy management systems, innovation today is the key to the industry’s success of tomorrow – and beyond.
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INSIGHT
Automation professionals are 'integrating AI into their work'
2024 is the year of integration and usage of AI, with 90% of automation professionals using or planning to use AI within the coming year.
Top Trade News
 | Industry Sectors |
fischer shares insights on the future of construction
The fischer Group of Companies, a renowned German multinational manufacturer specialising in fastening products for the construction and DIY industry, has reaffirmed its commitment to sustainable growth and international expansion.
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JWS Abu Dhabi prepares to welcome over 120 brands
The Jewellery & Watch Show Abu Dhabi (JWS) returns to the Abu Dhabi National Exhibition Centre (Adnec) in November and is expected to welcome over 7,000 visitors besides featuring over 120 brands from 20 countries.
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Sabic to sell its Alba shares to Ma'aden
Sabic announces the signing of an agreement with Saudi Arabian Mining Company (Ma'aden) for the sale of its 20.62 per cent shareholding in Aluminum Bahrain (Alba).
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Estithmar lists first corporate Sukuk in Qatari Riyals on LSE
Estithmar Holding has marked the listing of its first Sukuk in Qatari Riyals on London Stock Exchange (LSE), at the stock exchange’s headquarters. This is the first time that LSE is witnessing listing in Qatari riyals.
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Technology 'set to transform hospitality, tourism in a big way'
The region’s hospitality and tourism industry is checking into tech in a big way. From revolutionising the guest experience to smart energy management systems, innovation today is the key to the industry’s success of tomorrow – and beyond.
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Rakez enters into collaboration with UICC
Ras Al Khaimah Economic Zone (Rakez) signed a Memorandum of Understanding (MoU) with the UAE-India CEPA Council (UICC), marking a significant step in bolstering the UAE-India bilateral economic partnership.
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Jannah to launch executive hotel apartments in Abu Dhabi
Jannah Hotels & Resorts is ready to unveil its newest addition, Jannah Executive Hotel Apartments, in Q4. Blending traditional Bedouin charm with contemporary design, it is set to become a preferred destination for travellers and residents in Abu Dhabi.
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Each $1 investment in ICT results in a $8.3 return: Huawei
Huawei Research has found that each $1 investment in ICT results in a $8.3 return in a country's digital economy.
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JWS Abu Dhabi prepares to welcome over 120 brands
The Jewellery & Watch Show Abu Dhabi (JWS) returns to the Abu Dhabi National Exhibition Centre (Adnec) in November and is expected to welcome over 7,000 visitors besides featuring over 120 brands from 20 countries.
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AAC rolls out aftersales Back to School campaign
Arabian Automobiles Company (AAC), the exclusive dealer for Nissan in Dubai, Sharjah, and the Northern Emirates, is launching a 'Back to School' campaign running until September 30.
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Daphne Technology partners with Williams on DoE grant
Daphne Technology and Williams, a leading energy infrastructure company, have announced their collaboration on the US Department of Energy's (DoE) Methane Emissions Reduction Programme (MERP) grant.
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Global beauties Katrina, Huda in exciting digital tieup
In a cross-cultural celebration of beauty, Bollywood actress Katrina Kaif has announced a digital association with global beauty mogul, Huda Kattan that will offer fans an exclusive look into their makeup routines, personal and entrepreneurial insights.
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DP World ranked among best workplaces for GCC millennials
DP World has been recognised as one of the Best Workplaces for Millennials in the GCC by Great Place to Work. The recognition comes following positive feedback from millennial employees who constitute 55% of its GCC's workforce.
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Saudi Women’s Premier League to kick off with 20 nationalities, 200 players
The Saudi Women’s Premier League returns to action on September 27, as the new season’s kick-off campaign, #SeeUsPlay, invites fans to celebrate women’s football in the kingdom that features 77,000 female players in the school league.
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