Sunday 22 October 2017

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NON-OIL SECTOR BOOST
Saudi Aramco plans to set up new construction unit

State oil giant Saudi Aramco plans to set up a new construction company with local and international partners to build non-oil infrastructure in Saudi Arabia, said a report citing senior industry sources.

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VISION 2030 MASTERPLAN
Saudi firms eyeing solar to blunt rising power price risk

More and more Saudi companies are turning to solar electricity to hedge the risk of rising power prices if energy subsidies are cut, said one of the top industry experts in the region.

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2

INSPECTION MISCONDUCT
Nissan suspends car production in Japan after major recall

Nissan Motor is suspending domestic production of vehicles for the Japanese market for at least two weeks to address misconduct in its inspection procedures that led to a major recall, Reuters said.

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3

ANALYSIS
Despite the hype, AI adoption still in early stages

Despite the intense hype surrounding artificial intelligence (AI), its adoption is still in the early or even planning stages for most European businesses surveyed in a recent study by SAS, a leader in analytics.

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4

SPECIAL REPORT
Bad toilets are bad for business: report

The condition of toilets in UAE businesses may deter – or attract – customers, a report said, noting that half of Emiratis who experience unclean toilets vow to never again frequent the business or will think twice before revisiting.

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5

NEWS IN PICTURES
Heritage art

Dubai Culture recently organised an event designed to celebrate the UAE’s rich history showcasing traditional crafts including coffee making, Al Talli embroidery making, and silver engraving by skilled artisans.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate

Saudi Aramco plans to set up new construction unit

State oil giant Saudi Aramco plans to set up a new construction company with local and international partners to build non-oil infrastructure in Saudi Arabia, said a report citing senior industry sources.

More…
Retail & Wholesale

Etihad, Alibaba partner for global shopping fest

UAE's national carrier Etihad Airways said it has joined hands with Alibaba’s Tmall and Alitrip to launch a specially-branded aircraft livery for the 11.11 Global Shopping Festival 2017.

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Energy, Oil & Gas

Saudi firms eyeing solar to blunt rising power price risk

More and more Saudi companies are turning to solar electricity to hedge the risk of rising power prices if energy subsidies are cut, said one of the top industry experts in the region.

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Finance & Capital Market

ADGM in deal to help boost fintech ecosystem

Abu Dhabi Global Market (ADGM) said it has partnered with one of the emirate's top financial institutions Abu Dhabi Commercial Bank (ADCB) to help promote Fintech and build a vibrant ecosystem in the UAE capital.

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Analysis, Interviews, Opinions

Despite the hype, AI adoption still in early stages

Despite the intense hype surrounding artificial intelligence (AI), its adoption is still in the early or even planning stages for most European businesses surveyed in a recent study by SAS, a leader in analytics.

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Industry, Logistics & Shipping

Jebel Ali Port expands Container Terminal 3 productivity

Dubai-based global marine terminal operator DP World is stepping up container handling productivity at its flagship Jebel Ali Port, by adding 1.5 million TEU (twenty-foot equivalent units) to Container Terminal 3 (T3).

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Travel, Tourism & Hospitality

Dubai Culture entity to open shop at Etihad Museum

Dubai Culture & Arts Authority (Dubai Culture) said one of its entities has strengthened the visitor experience at the Etihad Museum by launching a new shop in partnership with At the Top, Burj Khalifa.

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IT & Telecommunications

UAE group Trriple unveils new mobile wallet app

UAE-based fintech start-up Trriple has launched its newest mobile wallet solution - mWallet - that enables customers to buy products, pay service fees, and transfer funds locally and internationally.

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Lifestyle

MAG Property in deal for biggest fleet of Rolls-Royce Ghost cars

MAG Property Development (MAG PD) has announced a deal with Rolls-Royce Motor Cars Dubai that will see it become the owner of the biggest fleet of Rolls-Royce Ghost model motor cars in the Middle East region.

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Motoring

Abu Dhabi to issue permanent vehicle registration cards

Abu Dhabi Police will start issuing permanent registration cards for all vehicles in the UAE capital starting from December 1. There will be no expiry dates on these cards, said a report.

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Health & Environment

UAE health ministry signs pact with Neopharma

The UAE's Ministry of Health & Prevention (Mohap) has signed an agreement with Neopharma Factory to maintain a strategic stock of medicines and support crisis preparedness in the country.

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Education, HR & Training

Qatar partners with UNFPA for youth programmes

Qatar-based Nama Centre said it has signed a co-operation agreement with the United Nations Population Fund (UNFPA) towards development of the youth programs provided by the centre.

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Miscellaneous

54 Egyptian policemen killed in raid on terrorist hideout

At least 54 policemen, including 20 officers and 34 conscripts, were killed when a raid on a militant hideout southwest of Cairo escalated into an all-out firefight, said a report citing senior authorities.

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