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    Ideal Standard's Strada II Range Sets New Standards in Design

    Dubai, UAE, May 21, 2018:  Ideal Standard, one of the leading providers of innovative bathroom solutions operating across Europe, Middle East and Africa, has released its latest stylish and versatile ceramic range, Strada II. Building on the success of the original Strada range, this collection of vessels, vanities, basins, toilets and bidets offers soft angles, fine edges and contemporary curves to help bring to life modern, beautiful bathrooms. Created by leading industrial designers at Studio Levien, this range maintains the simplicity of the original Strada collection, while offering a softer, lighter design in line with current tastes and trends. Today’s consumers want flexible products to fit any bathroom design. That’s why all products in this range perfectly complement each other to fashion a perfectly ......read more

    UPS Launches Flagship $163 Million Hub in Dp World London Gateway Logistics Park

        UPS, DP World collaborate to enhance trade flow processes, improve customer experience     Acts as key gateway to growth in UPS’s smart global logistics network Dubai, United Arab Emirates, May 16, 2018:  UPS (NYSE:UPS) officially opened its new 32,000 square metre package sorting and delivery facility in the south east of England. At $163 million, the new London Hub is one of UPS’s largest single infrastructure investments outside of the United States in the company’s history. “Every single day, we see evidence of a more inter-connected world of commerce. And we are delighted that UPS continues building upon its relationship with Dubai-based DP World to explore new international opportunities,” commented Rami Suleiman, newly appointed UPS President of the ......read more

    Big Oil Production Is Still Growing Despite Capex Cuts

    May 16, 2018, United Arab Emirates:  Since mid-2014, the harsh cyclical downturn in oil prices has tested, and proved, the resilience of international oil majors' integrated business models. S&P Global Ratings recognizes the majors' downstream refining and petrochemical assets provided them with a cushion as cash flows from the upstream businesses, especially straight exploration and production businesses, plunged.  Those downstream businesses have since taken a backseat as higher oil prices, lower costs, and capital expenditure (capex) help upstream performance recover. Nonetheless, one of the concerns arising from the industry downturn has been whether the largest oil companies have been underinvesting, as a result of the huge capex cuts since 2014. In our view, ......read more

    How to Turn Your Bathroom into a Relaxing Home Spa

    After a long week at work, there’s nothing better for your body and mind than relaxing at a visit to the spa. Unfortunately, regular spa visits can quickly add up in cost, and during the colder months, most people would rather stay and relax at home. But, the good news is that you don’t have to miss out on your soothing spa visits, even if it’s freezing outside or you’re on a tight budget. There are several things that you can do to turn your bathroom into a calming, spa-like sanctuary right there in your own home. #1. Improve the Visual Appeal: First and foremost, the easiest way to make improvements to your bathroom is to upgrade the visuals. Decorating is vital for getting a spa-like style for your bathroom space; most spas tend to go for a ‘less is more’ approach since a minimal style can ......read more

    Global Light and Power Celebrates 10 Years with the Opening of their New Showroom in Dubai

    May 15, 2018 - Dubai, UAE: Established in 2008 with their first office in Al Quoz, Global Light and Power (GLP) offer bespoke lighting design solutions with upscale qualities and ideal functionality.  The locally grown company’s 1000 sq. foot showroom showcases both indoor and outdoor LED lighting solutions which include a range of existing and newly designed and manufactured products, displayed to highlight the techniques, applications and effects of each lighting fixture.  Founder and Managing Director of GLP: “It has been a great year for the team. Not only were we able to open our doors to the public as per the scheduled date, but we also managed to simultaneously work on designing new products and creating a brand new premium catalogue highlighting our capabilities and extensive range of ......read more

    JAFZA GENERATES OVER USD 83B IN TRADE

    Dubai, United Arab Emirates, 15 May 2018:  DP World, UAE Region including Jebel Ali Free Zone (Jafza) has reaffirmed its position as the region’s top trade and logistics hub by generating 29.4 million Metric Tonnes (MT) of trade, valued at $83.1 billion in 2017.  The figures contribute 23% to the total value of trade in Dubai, 70% of the value of all Dubai’s free zone trade combined and has increased 4% year on year. The volume of trade amounts to 97% of Dubai’s total free zone trade, 32% of Dubai’s total trade and has seen a 6% increase in trade year-on-year.The total traded volume of 29.4 million MT is the highest since 2013. Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World, said: “This is a proud moment for Jafza as our free zone continues to lead Dubai’s trade sector ......read more

    Over 200 Senior Energy, Petrochemical and Private Sector Leaders and CEOs Tour Ruwais As Part of the ADNOC Downstream Investment Forum

    Visit included a tour of Ruwais Industrial Complex and Ruwais City Investment and expansion of Ruwais to form centrepiece of ADNOC’s Downstream Strategy  Abu Dhabi, United Arab Emirates, May 15, 2018:  As part of the launch of the Abu Dhabi National Oil Company’s (ADNOC) new Downstream strategy at the ADNOC Downstream Investment Forum in Abu Dhabi this week, over 200 senior energy, petrochemical and private sector leaders and CEOs toured the Ruwais Industrial Complex and Ruwais City, where they viewed existing facilities and key assets and were briefed on a number of future development plans.   The expansion of the Ruwais Industrial Complex and Ruwais City is at the heart of ADNOC’s strategy to deliver a more valuable downstream business. Located in the strategically important Al ......read more

    “Gulf Navigation Holding” achieves AED 10 million gross profit during Q1 2018

    The company also has successfully launched the "Young Arab Cadet Program" to train and qualify Arab and National cadres in the maritime field Dubai, United Arab Emirates, May 15, 2018:  Gulf Navigation Holding PJSC, headquartered in Dubai and listed in the Dubai Financial Market entitled with “GULFNAV”, announced a 5% increase in its gross profits by the end of first quarter 2018 in comparison to the first quarter 2017. This announcement comes consequently with the company’s successful completion of the requirements needed to make the Gulf Navigation compliant with the Islamic Sharia laws listed in the Dubai Financial Market.  The company has released its recent financial reports representing continuous growth in its financial performance. Gross profit has reached AED10.15 ......read more

    Tristar's Eships Wins ‘Best Maritime Company' Award from DMCC

    Dubai, UAE; May 15, 2018: Eships, a subsidiary of UAE-based Tristar Group was announced as the ‘Best Maritime Company’ at DMCC Member Awards 2018. The award celebrates successful companies operating from the DMCC freezone.  Shailesh Bildikar, Chief Operating Officer, and Sanjay Sachdev, Technical Director, received the award on behalf of Eships. According to Balaji Nagabhushan, Group Chief Administrative Officer, Tristar Group: “DMCC is one of the leading free zones in the world and we are proud to receive this honour from them. It is a recognition of the company’s achievements and the technical and safety standards by which we operate.” Eships owns and operates a modern fleet of products/chemical tankers and LPG vessels. The company strives to deliver safe, reliable and environmentally ......read more

    Access World Logistics Opens Facility at Jafza with AED 40 Million Investments

    Dubai, United Arab Emirates, 14 May 2018:  Access World Logistics L.L.C. – a joint venture between RHS Group, Dubai and Switzerland-based Access World, inaugurated a state-of-the-art 3rd party logistics & warehousing facility on Wednesday, 09 May 2018 in the Jebel Ali Free Zone. The facility, with a storage capacity in excess of 100,000 freight tons of multiple products, has a 15,200 m2 covered warehouse with Very Narrow Aisle (VNA) racking systems as well as bulk-stowage space, and air-conditioned (220C’) as well as ambient-temperature warehousing space, plus an open-storage yard of about 7,500 m2. The fast-track project was completed in less than 10 months from the ground-breaking, which was held in July 2017. The logistics company is also in the process of commissioning a 1 MWp roof-top PV Panel system to meet ......read more

    JAFZA'S PETROCHEMICAL COMPANIES GENERATE AED 16 BILLION

    DP World, UAE Region highlights sector-wide collaboration at GPCA Supply Chain Conference Dubai, United Arab Emirates, 12 May 2018:  Petrochemical companies operating in Jebel Ali Free Zone (Jafza), the region’s premier business and logistics hub, generated trade worth AED 16 billion in 2017. Jafza is home to 526 companies in the sector from 67 countries and will be exhibiting its services in the petrochemical sector at the 10th GPCA Supply Chain Conference in Dubai. Sultan Ahmed Bin Sulayem, Group Chairman and Chief Executive Officer, DP World, said: “Creating better supply chains depends on industry collaboration and sharing of knowledge to help the sector identify and resolve inefficiency. Real-time data is now the norm and the need for collaboration grows as well. we understand the value it offers and are ......read more

    H.E Sultan Al Suwaidi opens 2XL's 71000 sq.ft refurbished Sharjah flagship store

    Sharjah, UAE; May 08, 2018:   2XL, the leading luxury furniture and home décor brand in the UAE, has relaunched its flagship store in Sharjah with a new look, wider selection and larger space. The 71000 square feet outlet is now one of UAE’s largest home and décor space, spread across three floors.  Lavish spaces are dedicated to carefully designed living spaces, bedrooms and dining areas, making customers feel like they are walking through a palatial home.  H.E Sultan Abdullah bin Hadda Al Suwaidi, Chairman of Sharjah Economic Development Department, officially opened the new outlet in the presence of VIP guests and customers. Mr. Suood Al Sadi, General Manager, 2XL Furniture and Home Décor, said: “Our Sharjah store was one of our first outlets when we established 2XL to cater to a demand for ......read more

    Agility's Earnings Release Q1 2018

    Agility’s Financial Results for First Quarter 2018     Q1 2018 (Million KD)     Q12017(Million KD) Variance  (%) Revenue  371.8 320.5 +16% Net Revenue 124.6 110.8 +12.5% EBITDA  37.7 30.8       +22.6%  Net Profit  18.9  14.6  +29.8% EPS (fils)  15.2  11.6  +30.3%     Figures in the table above have been rounded    Dubai, United Arab Emirates, May 8, 2018:  Agility, a leading global logistics provider, today announced its Q1 2018 financial results, reporting a net profit of KD 18.9 million, or 15.2 fils per share, an increase of 29.8% over Q1 ......read more

    H.E. Sheikh Nahyan bin Mubarak Al Nahyan inaugurates Biggest Danube Home Showroom in Abu Dhabi

    6 May 2018; Dubai, UAE:   UAE's leading home furnishing and improvement brand launched its biggest Danube Home Showroom on 3rd of May at Cubes Park, Mussafah, Abu Dhabi. Present at the launch were His Excellency Sheikh Nahyan bin Mubarak Al Nahyan, Mr Rizwan Sajan Chairman and Founder Danube Group, Mr Adel Sajan, Director Danube Group along with senior management of the Group. The group invested AED 50 million on this project, and this grand opening marks the 9th store in UAE. The new store spans across 75,000 square feet of retail space, with a huge assortment of 30,000 home furnishing and improvement products and 200 parking slots. The design, colour, product categories, clearly marked signage and friendly sales staff will definitely provide you with an exceptional shopping experience. The store is poised to cater to ......read more

    nVent Announces Completion of Separation from Pentair

    Independent, $2.1 billion company focuses on electrical connection and protection  DUBAI, UAE – May 3, 2018 –   nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced the completion of its separation from Pentair plc (“Pentair”) and its launch as an independent, publicly traded company. nVent shares will begin “regular way” trading on the New York Stock Exchange on May 1, 2018, under the symbol “NVT.”  The company has a leading portfolio of electrical enclosures, electric heat tracing solutions, complete heat management systems, and electrical and fastening solutions that connect and protect critical systems across the globe where the cost of failure is high. Its innovative electrical ......read more

    Progress on Global Energy Goals Slow, but Strong Gains in Countries Show Promise

    Dubai, United Arab emirates, May 2, 2018:  The world is not on track to meet the global energy targets for 2030 set as part of the Sustainable Development Goals, but real progress is being made in certain areas – particularly expansion of access to electricity in least developed countries, and industrial energy efficiency, according to a new report from five international agencies.  Renewable energy is making impressive gains in the electricity sector, although these are not being matched in transportation and heating – which together account for 80% of global energy consumption.  While global trends are disappointing, recent national experiences around the world offer encouraging signs. There is mounting evidence that with the right approaches and policies, countries can make substantial in clean ......read more

    Introducing the Bali Collection at Home and Soul Dubai

    Hand-crafted and custom-made home accessories Dubai, UAE, May 01, 2018:  Bali is the perfect destination for fans of bohemian art and design, many travel far-and-wide to the popular place in Indonesia to get their hands on the unique and hand-crated pieces. Luckily, Home and Soul have scoured the island’s furniture scene for you, offering you the best sustainable, unique and custom-made pieces here in Dubai making it easier for you to add a touch of ethnic flair to your home. The beautiful hand-made products are made from a combination of natural materials such as rattan, cotton, coconuts, wood and bamboo, that are all sourced from all over the island. Offering an array of beautiful furniture from vintage-looking chandeliers, contemporary dining chairs and gorgeous woven home accessories and textures, all to ensure to ......read more

    Al-Futtaim Logistics opens cold storage facility

    New warehouse offerings for Food and Beverage clientele Dubai, April 29, 2018:   Al-Futtaim Logistics, a leading integrated logistics and supply chain solutions provider, has announced the expansion of its services with the opening of a state-of-the-art cold storage warehousing facility in Dubai.  Located at Jebel Ali South Free Zone, the multi-temperature facility has space for more than 1,600 pallets with full temperature control ranging from +18°C to -22°C. The facility incorporates world-class warehouse management technology including capturing all the attributes of the products combined with double-deep storage which optimises space and enables high throughput. The new facility has been designed for piece and pallet picking for speed-to-market orders. Customers utilizing the cold storage facility can ......read more

    FMS Tech has been approved as an official in-vehicle monitoring system (IVMS) supplier in Oman

    FMS Tech is now one of seven exclusive suppliers approved in OPAL’s first round of approvals 29 April 2018, Dubai, United Arab Emirates:  Oman Society for Petroleum Services (OPAL) recently announced Fleet Management Systems & Technologies (FMS Tech) as one of its seven approved in-vehicle monitoring systems (IVMS) suppliers for Oil and Gas Transportation Safety Technology in its first round of approvals.  Oil & Gas Safety Standards and Regulations require multiple qualifications and approvals to be met before a company can supply to the Oil & Gas industry in Oman. This is due to several high-risk operations, that are potentially dangerous, if not managed and regulated properly. OPAL has also created an advanced set of criteria for various Oil & Gas operating standards. One of these is solely ......read more

    UAE Partakes in First Jordan International Agricultural Forum and General Assembly Meeting of the Arab Organization for Agricultural Development

    April 28, 2018 United Arab Emirates:  The UAE, ably deputized by the Ministry of Climate Change and Environment (MOCCAE), participated in the first Jordan International Agricultural Forum and the 35th session of the General Assembly of the Arab Organization for Agricultural Development (AOAD) in the Dead Sea region, Jordan on April 25 and 26.  The UAE’s deputation was presided by His Excellency Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of Climate Change and Environment, and comprised of high-level officials from the Ministry as well as representatives of the private sector. His Excellency Dr Al Zeyoudi attended the Forum and associated exhibition and held bilateral meetings with several Arab ministers concerned with environment and climate change to discuss further areas of cooperation in agriculture, livestock ......read more

    Dazzle Your Home with Danube Home's Exclusive Design Décor Ramadan Catalogue

    25th April 2018/Dubai, UAE:  Ramadan, the most wonderful time of the year knocks our doors again and Danube Home is all set to give your home a festive facelift with the launch of its exclusive Design Décor catalogue on 25th April 2018 at the Sheikh Zayed Road showroom. The new collection is inspired by a festive theme to transform your home into a Ramadan majlis that woos your guests. The 91 page catalogue inspires trends as well as offers affordable products with almost 100 inspirational home makeover styles. In royal shades of purple, white, silver, gold and a number of other bright colours the products will add beauty and elegance to your home.  Commenting on the launch Mr Adel Sajan, Director Danube Group said: “We are pleased to announce our new design décor catalogue across all Danube Home stores. The new ......read more

    ENEC to Focus on Safety Culture at EmiratesSkills Abu Dhabi 2018

    Abu Dhabi, United Arab Emirates, 24 April 2018:  The Emirates Nuclear Energy Corporation (ENEC) is highlighting the importance of prioritizing health and safety, during its participation in the EmiratesSkills 2018 National Competition, held at Abu Dhabi National Exhibition Centre from 23 to 25 April 2018. ENEC is the official Health and Safety sponsor and exhibitor, emphasizing the importance of establishing a strong culture of safety in everyday life as well as in the workplace. Around 600 UAE Nationals will compete in the 2018 edition of the EmiratesSkills National Competition, which is held under the patronage of H.H. Sheikha Fatima Bint Mubarak, Chairwoman of the Family Development Foundation and the Head of the General Women’s Union. Participants will demonstrate their skills in 30 different categories in ......read more

    Ramadan Guides: Light up you Ramadan with Home Centre

    Dubai, UAE, April 24, 2018:  The festive season is right around the corner and Home Centre would love to share a collection of their best ethnic lanterns and candle stands from the new Ramadan Catalogue.   Home Centre’s Ramadan Catalogue offers amazing options to lighten up the night party décor and uplift the mood. The key highlights, The Gemma Lantern, sporting intricate golden details will add a traditional touch to your homes. While the Home Centre Baqi Candle Stand, engraved with artistic design and beautiful purple stones will give your home the perfect festive look. To add a splash of colour to your home,  The Home Centre Ethnic India Jar Candle will be the perfect option as it sports an orange glass jar with a rustic gold base.   

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    More Reasons to Head to the Ikea Store!

    IKEA Yas Island and Dubai bring more fun-filled activities and workshops instore from HAG AL LAILA on May 1st to Dining Week from April 28th to May 5th    United Arab Emirates, 24 April 2018:   IKEA, the region’s favourite Swedish home furnishing retailer, is inviting shoppers to join them in a series of celebrations of both local culture and better living throughout the coming weeks in both their Dubai and Yas Island stores.   1) On Tuesday May 1st, IKEA is hosting an afternoon of sweet celebrations for HAG AL LAILA, an Emirati traditional festivity similar to ‘trick or treating’. With cultural performances, delicious sweets, Emirati games and more, families are encouraged to IKEA to indulge in a fun-filled ......read more

    Masdar and Costa Rican Electricity Institute to advance renewable energy development

    Abu Dhabi, United Arab Emirates, April 24, 2018:  Masdar (Abu Dhabi Future Energy Company) and the Costa Rican Electricity Institute (Instituto Costarricense de Electricidad, or ICE) have announced a collaboration to promote renewable energy development.  Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, and Eugenia Gutierrez, Member of the Board and Director of ICE, signed a memorandum of understanding to share technical knowledge and project experience. The agreement aims to promote collaboration in utility-scale and off-grid power generation, floating solar photovoltaic (PV) technology, “smart cities” technology, and battery storage. The two companies also hope to offer advisory services to other Latin American and Caribbean countries on energy diversification.  Mohamed Jameel Al ......read more

    Other Top Stories from Others
     
    ADNEC opens its Ramadan Tent ‘Capital Majlis'

    Abu Dhabi, May 17, 2018/ADNEC/ Abu Dhabi National Exhibitions Company (ADNEC) has revealed the opening of its traditional tent, the ‘Capital Majlis’ to welcome guests for Iftar and Suhoor throughout the Holy Month of Ramadan. Now on its third year, the Ramadan Tent, which can accommodate a total of 700 people, takes up an innovative design that best reflects the significance of the Holy Month and features specific spaces for VIPs. During the Holy Month of Ramadan, the ‘Capital Majlis’ will showcase a series of events that include contests, exciting raffle draws and ......read more

    MEFMA receives Silver Award at Global FM Awards 2018

    May 16, 2018: The Middle East Facility Management Association (MEFMA), a non-profit association that provides a dedicated platform for facilities management (FM) professionals, wider construction industry stakeholders, and owner associations, has revealed that one of its founding members, Enova, has won a Silver Award at the recently concluded Global FM Awards 2018. The company was recognized for its excellent performance and key contributions to the FM industry--particularly its exceptional business processes and procedures. Enova, a smart integrated energy and facilities management (FM) ......read more

    DSI Enhances Net Profit in Q1 2018

    Q1 2018 Highlights                   Revenue stood at AED 693 Million Gross Profit reported at AED 101 Million Operating Profit reported at AED 45 Million Achieved Net Profit of AED 7 Million Total Projects Backlog stood at AED 5.4 Billion UAE – 15 May 2018 – Drake & Scull International PJSC (“DSI” or the “Company”), a regional leader in engineering and construction services, reported today the results for Q1 2018. The overall revenue in the first quarter stood at AED 693 Million, as ......read more

    Abu Dhabi National Takaful Co. PSC Announces a Combined Net Profit of AED 26.9 million in Q1 2018 Achieving 34% Growth in Profitability

    Abu Dhabi: Thursday, 10 May 2018: Abu Dhabi National Takaful Co. PSC (ADNTC), the leading takaful operator in the region and one of the most progressive insurers in the UAE, has released its financial results for the first quarter of 2018 ending on 31 March 2018, announcing a combined net profit of AED 26.9 million (for policyholders & shareholders before Qard Hasan provision) achieving a growth of 34% compared to AED 20.1 million for the same period last year.  The technical profit reached AED 33.5 million showing an increase of 24 % compared to AED 27 and the underwriting profit ......read more

    Maritime Advisory Council discusses industry challenges and opportunities of Maritime sector during third periodic meeting

    09 May 2018. Dubai, UAE: The Maritime Advisory Council, one of the initiatives under the umbrella of the Dubai Maritime City Authority (DMCA), held its third periodic meeting under the chairmanship of Mark Gistebrich, Chairman and Chief Executive Officer of Maersk in West and Central Asia, to monitor, discuss and study the challenges facing the maritime sector in Dubai for appropriate and effective solutions. The meeting forms part of the efforts to integrate and establish constructive cooperation between public and private industry leaders to push for Dubai’s transformation into a ......read more

    DMCA adopts ‘Dubai Maritime Innovation Quattro Helix Partnerships' to promote local maritime sector

    May 8, 2018. Dubai, UAE: In line with Dubai Plan 2021 to make Dubai a leading hub in the global economy and in support of the Dubai Industry Strategy, the Dubai Maritime City Authority (DMCA) has held recently the important and exclusive “Dubai Maritime Innovation Quattro Helix Partnerships” workshop to reinforce its coordination with Government, Academicians, private sectors and research and development (R&D) institutions in Dubai to build a leading and pioneering maritime cluster, help diversify the economy, and meet the needs of the future. Amer Ali, Executive Director ......read more

    DowDuPont Reports First Quarter 2018 Results

    GAAP EPS from Continuing Operations of $0.47; Adj. EPS Increases 7% to $1.12 GAAP Net Income from Continuing Operations of $1.1B; Op. EBITDA Up 6% to $4.9B Net Sales Rise 5% to $21.5B, driven by Segments Within the Materials Science and Specialty Products Divisions Cost Synergy Savings of >$300MM; Run-Rate Ahead of Plan and Now on Pace to Achieve 75% Run-Rate of $3.3B Commitment by the End of the Third Quarter of 2018 DWDP Expects Op. EBITDA up ~15% in 1H18; 2Q Op. EBITDA up in all Divisions: Ag high-30s percent; Materials Science mid-teens percent; Specialty Products ......read more

    Al Falak extends support to 6th East Coast Heritage Festival in Dammam

    May 6, 2018 - Al Falak Electronic Equipment & Supplies Co. recently extended support to the highly successful 6th East Coast Heritage Festival in Dammam, as a form of its full commitment to help promote the Kingdom’s rich traditions and lasting legacy. Al Falak was a sponsor of this year’s edition of the annual festival held at the King Abdullah Park in the waterfront of Dammam. Various activities and events were staged to feature the province’s traditions, cultural identity, and heritage in relation with its maritime environment in a bid to attract visitors from all ......read more

    DMCA and Nakheel Marine explore cooperation prospects in the areas of marinas, boats, waterways and sailing permits

    Dubai Maritime City Authority (DMCA) has recently held a coordination meeting with Nakheel Marine Group to explore areas of common interest in the field of marinas, boats, waterways and sailing permits in order to provide an integrated framework to ensure compliance with the highest maritime safety standards and international best practices that would enhance competitive advantages of the maritime sector globally and regionally and strengthen Dubai’s status as a leading international maritime center. The meeting was chaired by Amer Ali, Executive Director of Dubai Maritime City ......read more

    Khalifa Fund joins ADNOC's In-Country Value Program

    The Khalifa Fund for Enterprise Development (KFED) has joined a workshop on the implementation of Abu Dhabi National Oil Company’s (ADNOC) new In-Country Value (ICV) strategy that was launched to help stimulate socio-economic value, promote locally-made content and products, and nurture government and private partnerships in the UAE. The participation was in keeping with Fund’s vision to be at the forefront of promoting entrepreneurship among UAE citizens and enhancing the competitiveness and growth of small and medium enterprises (SMEs). During the workshop attended by a number ......read more

    Etihad ESCO throws spotlight on retrofit program achievements at MEFMA CONFEX 2018

    May 1, 2018- Ali Al Jassim, CEO of Etihad Energy Service Company (Etihad ESCO), threw the spotlight on the energy and cost savings achieved through successful implementation of retrofit programs by Etihad ESCO in the emirate, during his participation as a keynote speaker at the 8th MEFMA CONFEX, which was recently held in Dubai. The two-day event, organized under the theme ‘Sustainable FM Industry through Creative Value-based Innovations,’ included participation of over 500 industry stakeholders that included government representatives, developers, service providers and ......read more

    Redington holds launch events across UAE, Bahrain, Kuwait & Oman to introduce new Microsoft Surface portfolio to channel partners

    April 26, 2018- Redington Gulf, the leading distributor of technology, telecom and lifestyle products, launched the latest edition of Microsoft Surface - the Surface Laptop – for its channel partners during an exclusive event held in Dubai today (Thursday, 26th April, 2018). Along with a demonstration of the Laptop, which is now available for distribution in the UAE, Redington Gulf also provided latest business updates for Microsoft Surface Pro with LTE Advanced and Surface Book 2 to its partners at the event. Redington Gulf had launched the new line-up of Microsoft Surface products ......read more

    Game Changing technologies take centre stage at Middle East Static Equipment Engineering & Maintenance Conference (ME Static)

    Featuring 75 per cent international visitors, 80 per cent decision makers and 65 per cent trade visitors, the event witnessed more than 200 visitors and over 150 delegates on the first day of the event The event witnessed participation from Saudi Council of Engineers, Sahara Petrochemicals Company, Orpic, Saudi Aramco, ADNOC Gas Processing and SABIC among many others United Arab Emirates, Dubai, April 24th 2018:   The oil and gas industry has long recognised the importance of understanding and influencing the role of innovation and technological advancements for static ......read more

    New MEFMA report forecasts FM industry revenues in the GCC to continue growing by 10 per cent annually

    April 23, 2018: A report from the Middle East Facilities Management Association (MEFMA) confidently forecasts that revenues for the GCC region’s FM industry will continue to grow at 10 per cent annually for the next two years. The bullish outlook complements the region's thriving FM segment with local firms placing key focus towards further growing their core business lines. The statement, which is the result of a survey commissioned by MEFMA, attributes the expected growth to drivers like the increasing demand generated from the region's portfolio of construction projects and ......read more

    DMCA explores the future of Dubai's maritime sector & discusses innovative approaches to enhance UAE's global maritime leadership

    Under the patronage of H.E. Dr. Abdullah Belhaif Al Nuaimi, UAE Minister of Infrastructure Development and Chairman of the Federal Transport Authority - Land and Maritime (FTA), the Dubai Maritime City Authority (DMCA) recently hosted a workshop themed, ‘The Future of the Maritime Sector in Dubai’ which explored key prospects for bilateral cooperation with the FTA, aimed at further enhancing the maritime sector based on innovation, technology, sustainability and mutual cooperation. H.E. Dr. Al Nuaimi, said: “We are keen to strengthen the joint efforts between federal and ......read more

    Masdar and Emirates Post to deliver new postal services for Masdar Free Zone tenants

    Abu Dhabi, United Arab Emirates, April 23, 2018:  Masdar, Abu Dhabi Future Energy Company, and Emirates Post – the nations’ leading post and express provider – have announced the signing of a Memorandum of Understanding (MoU), to provide dedicated Emirates Post Business Boxes and postal services for Masdar Free Zone companies.  Mohamed Jameel Al Ramahi, Masdar’s Chief Executive Officer, and Obaid Mohammad Al Qatami, Acting Chief Commercial Officer at Emirates Post Group, signed the agreement on Wednesday, 11 April 2018. The partnership aims to deliver ......read more

    GROHE DESIGN Presents the New ATRIO Experience Cube at Fuorisalone in Milan

    Dubai, UAE, April 23, 2018:  GROHE, the world's leading manufacturer of sanitary fittings, first unveiled an immersive ATRIO installation for guests at the newly renovated GROHE Milan showroom (Via Crocefisso 19) in April during the Fuorisalone. The monumental black experience cube allows visitors to immerse themselves into a multimedia experience depicting an abstract story of the new ATRIO collection – a story of the two distinct characteristics of ATRIO: elegance and precision. By standing in the middle of the cube, the spectators experience ATRIO with all their senses. The ......read more

    Gulf Petrochemicals and Chemicals Association (GPCA) Marks Earth Day with New Report Release

    On the important occasion of Earth Day, GPCA is pleased to announce the release of the 4th Progress Report, highlighting a major increase in global efforts to prevent marine litter Dubai, United Arab Emirates, 22 April 2018 – The Gulf Petrochemicals and Chemicals Association (GPCA), the voice of the chemical industry in the Arabian Gulf region, today marks Earth Day with the release of the 4th Progress Report, highlighting a huge jump in projects worldwide to prevent marine litter from coming into our oceans. The report, which was released by the Global Plastics Alliance (GPA), a ......read more

    Dubai Energy Efficiency Training Program inaugurates its first training session

    April 19, 2018 - Ali Al Jassim, CEO of Etihad Energy Service Company (Etihad ESCO), officially inaugurated the first session of the Certified Measurement & Verification Professional (CMVP) program recently, alongside Professor Abdullah Al Shamsi, Vice Chancellor of the British University in Dubai (BUiD). The session, which forms part of the Dubai Energy Efficiency Training Program, was held from April 16 to 18 at BUiD. The Dubai Energy Efficiency Training Program, which combines an array of internationally and locally certified training programs and modules, is an initiative by the ......read more

    Government of Ras Al Khaimah Makes Key Appointments to Ras Al Khaimah Petroleum Authority

    - Nishant Dighe Chief Executive Officer of RAKPA Ras Al Khaimah, United Arab Emirates, 19 April 2018:   After the recent announcement of the Government of Ras Al Khaimah appointing His Highness Sheikh Ahmed Bin Saud Bin Saqr Al Qasimi as Chairman of Ras Al Khaimah Petroleum Authority (“RAKPA”), Nishant Dighe is appointed as Chief Executive Officer of RAKPA. Nishant Dighe, also the Chief Executive Officer of RAK Gas, is appointed to RAKPA on an interim basis until completion of the award of the petroleum rights under RAK’s 2018 petroleum licensing round ......read more

    2XL Launches Special Edition Collection for the Holy Month of Ramadan

    Dubai, UAE; April 19, 2018: 2XL, the leading luxury furniture and home décor brand in the UAE, has launched a limited-edition décor collection for the month of Ramadan. Beautiful collection of serving bowls with lunar motifs and decorative Ramadan lanterns will be ideal for get together events with family and friends during Ramadan.  According to Amit Yadav, Marketing Manager of 2XL, “Visiting family and friends, gifting and dining together are part of the month of Ramadan. At 2XL, our creative team of designers have put together a thoughtful collection for the season, ideal for ......read more

    Caparol Paints introduces advanced German technology spray plasters in the UAE

    Dubai, April 17, 2018:   Caparol Paints, a leading player in the global paints industry, has expanded its portfolio with the launch its own line of advanced generation SprayPlaster system. Caparol has been at the forefront of adopting new technologies, which complement the local market conditions. Caparol SprayPlaster system, works as a rectifier and leveler for irregularities in buildings.  Caparol SprayPlaster is a pre-mix acrylic-copolymer based, high-build, all-purpose filler/skim coating which is semi-smooth plaster for concrete surfaces. The SprayPlaster can be used ......read more

    Mumzworld Announce Recruitment Drive To Empower Women in the Middle East

    Multiple Full & Part Time Jobs with Flexible Working Hours Available, Helping Mothers to Return to the Workplace  Dubai, UAE, April 16, 2018:  Mumzworld, the region’s leading e-commerce platform for all things mother, baby and child, has taken yet another innovative step in helping to empower mothers with the re-introduction of their pioneering and highly successful ‘return to work’ programme for qualified and professional mums who are looking to return to the workplace. The initiative introduced by the leading award-winning company that was founded by ......read more

    Robust IT infrastructures to aid UAE businesses in ensuring compliance with GDPR

    April 16, 2018 - The widespread adoption of digitization initiatives across the Middle East has also resulted in the growing vulnerability to cyber-attacks. The Telecommunications Regulatory Authority (TRA) alone foiled a total of 86 cyber-attacks against government, semi-government and private sector entities in the UAE during the first two months of 2018. If adequate measures are not taken to mitigate the risk, cyber-attacks will continue to disrupt the progress of digital transformation, which can in turn slow down economic growth. In the light of continuing cyber threats, immediate ......read more

    Dubai-based Al Kasir Group launches three Crypto assets backed by diamonds

    DUBAI – April 16, 2018:   Dubai-based Al Kasir Group launched three Crypto assets backed by certified diamonds. Al Kasir Jewellery Trading and Al Kasir portal, a joint venture under the private office of His Highness Sheikh Ahmed Bin Obaid Al Maktoum, announced the launch of the innovative diamond trading model using the blockchain technology for the first time in the world.  Al Kasir Group, a joint venture under the private office of His Highness Sheikh Ahmed Bin Obaid Al Maktoum and Dr. Amit Lakhanpal, Indian entrepreneur, property developer and director of the Al ......read more

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