The renewable fuel alternative is manufactured from the used cooking oil produced by restaurants at The Sustainable City
Dubai, United Arab Emirates, 18 July 2018: The Sustainable City, the Middle East’s first fully operational sustainable community, has adopted B100 biodiesel to fuel the construction of the new buildings in phase 2 including Fairgreen International School, Hotel Indigo, and the innovation centre. The renewable fuel alternative is manufactured from the used cooking oil consumed by the restaurants at the community plaza, and will allow The Sustainable City to reduce its carbon footprint by up to 150 tons of carbon dioxide per year during the construction period.
Faris Saeed, CEO of Diamond Developers — the company behind The Sustainable City — commented: “As The Sustainable City ......read more
Custom-made Indonesian decor with an ethnic flair
Dubai, UAE, July 18, 2018: After a huge demand of their previous collection, Home and Soul release their new Bali collec-tion this month, an array of home items that represents both serenity and peace to help accen-tuate the summer vibe within your home.
The new collection includes a variety of items such as ethnic rugs, hand crafted rattan chairs, ladders in white wash and small elegant accessories such as crabs, turtles and starfish which act as both decorative pieces and paper holders too. The collection resonates with quality furniture that has Balinese creativity and structure. The simplicity of the collection helps to enhance any room and reflect simple sophistication at its best. The woven rattan collection provides a soft and a pleasing contrast to the ......read more
GROHE’s sustainability performance is above target.
Sustainability is an integral part of GROHE's strategy which focuses on efficient growth and includes the entire value chain, partners, customers, suppliers and employees.
Mission, values, strategy and organisation – the world's leading supplier of sanitary fittings has now published all relevant information on its sustainability approach in a second official report.
Dubai, United Arab Emirates - 17 July 2018. Today, in its second sustainability report, GROHE, the world's leading provider of sanitary fittings, announces the economic, environmental and social impact of its business operations for the years of 2015/2016. The report indicates that GROHE's sustainability objectives are above target. In 2016, for example, GROHE almost ......read more
A sneak peek into what to expect from IKEA in terms of brand collaboration and limited collections ahead of its catalogue launch in August
Dubai, UAE, July 17, 2018: Ahead of the UAE Catalogue launch, IKEA, the much-loved Swedish furniture retailer, has showcased a sneak peek of its upcoming global collections and products – and introduced some of its exciting collaborations with world-renowned brands at Democratic Design Days, held annually in Älmhult, Sweden. IKEA has also announced new commitments that are set to inspire and enable sustainable living - making it easier for people to reduce their climate impact and contribute to a world without waste.
Exciting and inspirational collaborations will also be introduced for next year, for 2019-2020 collections, including Lego and Adidas as being the ......read more
New 175,000-square metre facility in Jebel Ali Free Zone to connect to global markets
Dubai, United Arab Emirates, 16 July 2018:- DP World, UAE Region, the Middle East’s leading regional trade enabler, today signed an important Strategic Long Term Service Agreement with Emirates Global Aluminium (EGA), the largest industrial company in the United Arab Emirates outside oil and gas, aimed at supporting the UAE’s position as a major exporter of the metal.
The agreement extends the strategic partnership between the two companies, facilitating the storage and transportation of aluminium manufactured by EGA. As part of the agreement, EGA is leasing a dedicated storage area that is the largest the company has ever used at Jebel Ali Port and which will further ease the export of EGA’s metal ......read more
Cable to cover 700km across two islands in the Indian Ocean on East Africa
Abu Dhabi, 16 July 2018: E-marine, the leading company in providing marine engineering and installation services for submarine cables in the region, bagged a contract from Huawei Marine Networks to install the ‘Mauritius and Rodrigues Submarine Cable System’ (MARS), which covers a distance of 700 km connecting two islands in the Indian Ocean.
The MARS cable will help boost internet connectivity through the provision of high-speed, large capacity bandwidth between the two islands located off the coast of East Africa.
Omar Jassim Bin Kalban, Chief Executive Officer, E-marine said: “E-marine has worked on several local and international projects in the past providing an infrastructure that is robust and is able to meet the ......read more
DHL Express partners with Al Nabooda Automobiles to customize Volkswagen e-Golf electric car for document delivery and collection
The initiative is a step towards DHL’s goal in achieving zero emissions by the year 2050
Dubai, July 11, 2018: DHL Express, the world’s leading international express logistics provider, has partnered with Al Nabooda Automobiles to introduce for the first time in the region the all-electric Volkswagen e-Golf for deliveries and collections. This is in line with DHL’s latest announcement on the Cubicyle, a cargo bike with a specialized container for clean pick-up and delivery. The introduction of sustainable solutions into the business are a leg up towards achieving DHL’s zero emissions target by 2050.
The fully customized 134-horsepower ......read more
Dubai, UAE; 11 July 2018: 2XL, the homegrown luxury furniture and home décor brand in the UAE, has launched the elegant Louna beige color sofa set in velvet for luxurious living rooms.
The velvet fabric gives it a smooth silky feel that makes for a comfortable seating. The set is beautifully designed with curved arms and legs in silver tint that matches the sofa’s beige colour. You can accentuate the beauty of the sofa with printed cushions.
According to Amit Yadav, Marketing manager, at 2XL Furniture and Home Décor “Louna sofa is inspired by the luxurious designs of the past, it features elaborate wood carving details and a sophisticated style which give your living space a royal atmosphere. It is made with velvet which has long been a go-to fabric for creating stylish looks. Its luminous sheen makes ......read more
Dubai, July 10, 2018: Caparol Paints, the German leader in the global paints industry, recently hosted a delegation of interior designers from China at its state-of-the-art facility in the UAE.
The delegation of 28 interior designers from China was here to learn about the interior design industry in the UAE and the Middle East as a whole. They were given a tour of the Caparol UAE facility along with expert insights into the products developed by Caparol. The Caparol team also gave them valuable insights into the local market and a peek into other countries in the region.
Caparol products including ArteTwin, Makhmalia, Armareno, DecoLasur, ArteLasur, Stucco Di Luce and Metallocryl interiors, which make up the decorative paints in the vast portfolio of product ranges, were showcased to the ......read more
All major concrete work successfully completed at Unit 3 of the Barakah Nuclear Energy Plant
Major construction work completed on Unit 3 Turbine Generator and Reactor Vessel (RV) Internals
Abu Dhabi, UAE – 10 July 2018: The Emirates Nuclear Energy Corporation (ENEC) has achieved a series of significant milestones in the construction of Unit 3 of the Barakah Nuclear Energy Plant in the Al Dhafra Region of Abu Dhabi. ENEC has successfully completed the major construction work including major concrete pouring, installation of the Turbine Generator, and the internal components of the Reactor Vessel (RV) of Unit 3, paving the way for the commencement of testing and commissioning.
With the accomplishment of these milestones, construction crews will begin transitioning from Unit 3 to Unit 4, taking ......read more
Digital Transformation initiative will explore Artificial Intelligence and IoT technologies to help transportation and logistics services company create a competitive advantage
Dubai, United Arab Emirates, 09 July 2018: Emirates Transport, one of the largest transportation and logistics services companies in the Middle East, will implement Oracle Cloud Applications to drive a major digital transformation across all its core business operations. The initiative will help Emirates Transport introduce innovative offerings that create new revenue streams, deliver exceptional customer service and drive operational efficiency.
“The UAE’s transportation sector is experiencing sustained growth on the back of promising economic activities across infrastructure development, government investment and private sector ......read more
Dubai, United Arab Emirates July 5, 2018: Milestone Landscaping, the hub for interior, patio, and landscaping designs in the city, now proudly registered as confining to the stringent checks of the international quality standard ISO 9001:2015 in its systems. The concept by interior design and landscapist extraordinaire, Sejal Nagjee, has hitherto offered unmatched external as well as internal operating quality that has assured excellent service to its countless private as well as corporate clients in the region.
ISO 9001:2015 specifies requirements for a quality management system when an organization needs to demonstrate its ability to consistently provide products and services that meet customer and applicable statutory and regulatory requirements. Also, when an organization aims to enhance customer satisfaction ......read more
For international consignments weighing between 15 and 30 kg
Up to 60% to India, Egypt, China, Pakistan, the Philippines and Bangladesh
Dubai, UAE; 04 July 2018: Emirates Post, UAE’s leading postal and express provider, is extending the discount campaign on its international Express to-door delivery service until July 31, 2018. Varied savings of up to 60% can be availed for shipments weighing 15-30kg to six destinations: India, Egypt, China, Pakistan, the Philippines, and Bangladesh.
“The discount campaign that was running during the month of Ramadan received such positive feedback and uptake that the decision was made to extend the offer further,” said Obaid Mohammad Al Qatami, Acting Chief Commercial Officer at Emirates Post Group.
“Identifying and ......read more
Abu Dhabi, June 25-26, 2018
Dubai, United Arab Emirates; July 3, 2018: Business France jointly with EVOLEN, and the French Business Group hosted the third UAE France Oil and Gas Connecting Days from June 25th to 26th in Abu Dhabi and Ruwais. The two days forum included ADNOC and its subsidiaries, as well as several ADNOC partners including Mudabala Petroleum.
This event was launched under the patronage of His Excellency Ludovic Pouille, Ambassador of France to the United Arab Emirates.
Following the successful sessions in 2015 and 2017, under the framework of UAE France strategic dialog, the third UAE France Oil and Gas Connecting Days aims to highlight the strong innovative capabilities of the French industry in Energy and Oil and Gas sectors and to strengthen business relationships in the fields of Oil ......read more
New service uses technology to bring efficiency to trucking market
RIYADH, Saudi Arabia – July 3, 2018 – Homoola today announced the formal launch of its digital load-matching service in Saudi Arabia, where it will bring new efficiency to road freight by using technology to pair shippers and trucking companies.
Homoola’s load-matching technology addresses the pain points felt by both shippers and carriers. It gives shippers access to capacity at times of peak demand and allows them to optimize the efficiency of their shipments at other times. Homoola prevents carriers from driving empty miles or sitting idle waiting for cargo. Agility is a key investor in Homoola.
Ziyad Al Homaid, Homoola co-founder and CEO said, “Homoola’s goal is to build a platform matching ......read more
GROHE is a full-service supplier of harmoniously designed complete bathroom solutions
Cube, Euro and Bau are perfectly designed to match the most popular GROHE faucets series
Innovative features for more comfort, longevity and hygiene
Dubai, United Arab Emirates - 3 July 2018. Design from a single source: Thanks to the GROHE ceramics lines Cube Ceramic, Euro Ceramic and Bau Ceramic, every bathroom now becomes a harmoniously coordinated oasis of well-being. From washbasins in different sizes to bidets and toilets, GROHE offers a comprehensive assortment of bathroom ceramics that will suit every style and perfectly match GROHE faucets, toilet flush plates and accessories. With these fully integrated solutions, the world's leading provider of sanitary fittings and full-service supplier simplifies the search for ......read more
ADIPEC Awards Celebrate Excellence in the Petroleum Industry
Categories Highlight Outstanding Achievements Shaping the Future in an Evolving Landscape for Hydrocarbons
Abu Dhabi, UAE – 3 July 2018 – Entries for the oil and gas industry’s prestigious ADIPEC 2018 Awards are now open, with six categories focused on issues crucial to the progress and resilience of the hydrocarbons sector.
Celebrating achievements across the oil and gas industry, the ADIPEC Awards identify the leading companies, individuals, initiatives, projects and technologies that are shaping the sector’s future, in a changing energy landscape. Entries will remain open until August, and submissions can be made via the ADIPEC website.
“The ADIPEC Awards recognise outstanding people and industry ......read more
1 July 2018, Abu Dhabi, United Arab Emirates: The United Arab Emirates hosted the International Atomic Energy Agency (IAEA) Phase 3 Integrated Nuclear Infrastructure Review (INIR) mission from 24 to 1 July. The aim of the mission was to assist the UAE by providing a review of the nation’s overall nuclear energy infrastructure. The UAE is the first country to implement and achieve Milestone 3 of the IAEA’s ‘Milestones’ approach to nuclear energy infrastructure development.
An international team of ten IAEA and international experts reviewed the UAE’s development since the last INIR mission conducted in 2011. The team focused on the conditions required to achieve Milestone 3, through assessing 19 infrastructure issues as outlined in the IAEA’s ‘Milestones’ approach, a ......read more
Abu Dhabi, United Arab Emirates, July 01, 2018: Ahead of the seasonal surge in demand for luxury vehicle shipments to popular holiday destinations, Etihad Cargo, the cargo and logistics arm of Etihad Airways, today celebrates the launch of ‘FlightValet’, its newly designed product that aims to ease the process of moving motor vehicles across the globe.
Etihad Cargo transports hundreds of high-value vehicles annually on its passenger and freighter aircraft, and this new product will further simplify the customers’ booking experience.
Commenting on the launch, Abdulla Mohamed Shadid, Etihad Airways Managing Director Cargo and Logistics, said: “We are delighted to introduce this new tailored product to the marketplace. Demand from our customers has grown significantly in recent years, and in an effort to ......read more
Dubai, UAE, July 01, 2018: Signify (Euronext: LIGHT), the world leader in lighting, harnesses the power of sunlight in Africa, Asia and the Middle East. After an initial product launch in India earlier this year, Signify is introducing Philips SunStay, an integrated solar street light, and Philips LifeLight, an innovative solar lantern, in Cambodia, Indonesia, the Philippines, Saudi Arabia, Thailand, Vietnam and on the African continent.
“As one of the fastest growing and most sustainable segments in public lighting, solar lighting is making a noticeable difference in rural areas and provides a much safer option to fuel-based lighting,” said Goktug Gur, President and CEO of Signify’s business in the Middle East, Turkey and Pakistan.
“In the Middle East, almost 7% of all carbon dioxide ......read more
Grandweld’s participation in the global forum strengthens the UAE’s cutting-edge quality in the shipbuilding industry and its competitiveness in both engineering quality and economic feasibility
Dubai, UAE, 30 June 2018: Grandweld, the pioneering UAE-based shipyard, is participating in the International Tug, Salvage & OSV Convention and Exhibition (ITS), which is currently held in Marseille, Frane until 29th of June 2018. Grandweld is showing its manufacturing capabilities, while focusing on its outstanding strengths in tug, salvage and offshore service boat repair and maintenance.
ITS 2018 is an exceptional event as it marks the 50th anniversary of the largest convention and exhibition of its kind in the world, which attracts top-level executives and decision makers from around the globe. Grandweld ......read more
New lifestyle-concept showroom in Dubai to cater for the growing demand for customized solutions
Dubai, United Arab Emirates – 28th June 2018. Alshaya Enterprises, a division of Alshaya Group and one of the Gulf’s premier commercial establishments, announced today the opening of their newest showroom in Dubai. Prominently located on Sheikh Zayed Road, the prestigious European lifestyle-concept showroom will be home to the finest commercial equipment and high quality stylish furnishings for the office and home.
“We are absolutely delighted with the opening of our new showroom in Dubai as we look to further expand our presence in the U.A.E. We have been growing steadily between 15-20 % year on year, over the past 4 years. We continue to see considerable growth potential in all of the GCC markets, ......read more
Dubai, UAE, June 28, 2018: Introduction and basis for preparation
This report sets out details of the payments made to governments by RAK Petroleum plc and its subsidiary undertakings (‘RAK Petroleum’) for the year ended 31 December 2017 as required under the Disclosure and Transparency Rules of the UK Financial Conduct Authority (the ‘DTRs’) and in accordance with our interpretation of the draft Industry Guidance issued for the UK’s Report on Payments to Governments Regulations 2014, as amended in December 2015 (‘the Regulations’). The DTRs require companies in the UK and operating in the extractives sector to publically disclose payments made to governments in the countries where they undertake exploration, prospection, development and ......read more
Dubai, UAE, June 27, 2018: Siemens has received an order for three SGT5-4000F gas turbines from United Arab Emirates (UAE). The turbines will be used in Unit H Phase 4 of the Al Aweer power plant complex which is located approximately 35 kilometers from downtown Dubai. DEWA has awarded the project EPC contract to Siemens in a consortium led by the Egypt-based company El Sewedy Electric Co SAE (SWDY.CA) through its subsidiary Elsewedy Power. With an electrical generating capacity of about 815 megawatts (MW), the turbines will increase the total output of the power plant complex to more than 2.8 gigawatts (GW). The commercial commissioning of the three gas turbine trains is scheduled for spring 2020.
Siemens' scope of supply encompasses three SGT5-4000F gas turbines, three SGen5-1200A generators and the control system ......read more
New Partnership between the Suez Canal Economic Zone and Kuwait’s Agility
Mohab Mamish: Establishment of a global logistics hub in East Port Said
Hub will follow international standards to make East Port Said the most competitive in the region
Tarek Sultan: Egypt’s prominent location makes it an ideal site for a regional distribution hub
Dubai, UAE, June 27, 2018: Admiral Mohab Mamish, Chairman of the Suez Canal Authority and Chairman of the Suez Canal Economic Zone (SCZONE), along with Mr. Tarek Sultan, Vice Chairman and CEO of Agility, a leading global logistics provider, today signed a Protocol of Cooperation, establishing a logistics center in East Port Said, one of the most important strategic sites on the Mediterranean Sea.
Under this protocol, Agility will ......read more
UAE, July 9, 2018 – The RIPE Network Coordination Centre (NCC), the Ministry of telecommunications in Lebanon and OGERO, the public operator, successfully held “Lebanon IPv6 Week” in Beirut, inaugurating the deployment of Internet Protocol version 6 (IPv6) in Lebanon and supporting Internet stakeholders with the necessary technical expertise for this deployment. The IPv6 training activities and the national IPv6 meeting were held as part of the collaborative efforts of OGERO, the RIPE NCC and the American University of Beirut (AUB) to raise awareness about the importance of ......read more
Abu Dhabi, United Arab Emirates, 9 July 2018 – A handover ceremony marked the change of GAC Abu Dhabi’s airport office to free zone status, boosting the benefits already enjoyed by the company’s existing customers.
The new status of the office located within Abu Dhabi Airports Free Zone’s (ADAFZ) cargo terminal is also expected to attract new clients.
GAC Abu Dhabi is no stranger to Abu Dhabi International Airport, as it has had an operations base there since 1994. Its air freight business goes back even further, to 1969, when Al Bateen airport first began ......read more
June 30, 2018. Dubai, UAE: The Maritime Advisory Council, an initiative of the Dubai Maritime City Authority (DMCA), has emphasized the need to unify joint efforts of maritime and private sector leaders to develop forward-looking solutions designed to shape the future of the local maritime community. Highlighting the solid pillars of innovation, sustainability and smart transformation, the Council said during the meeting held at the DMCA headquarters that developing effective strategies and capitalizing on opportunities will help make Dubai the most comprehensive, competitive, and distinctive ......read more
June 25, 2018: As part of Al-Futtaim Logistics’ regional expansion plans, it has opened the second warehousing facility in the metropolis city of Riyadh. The local distribution centre now scales up a total of 15,000 sqms co-existing with its primary warehouse in Jeddah.
Driven by consumer demand, the two facilities currently handle retail brands with categories including fashion, footwear, hardware, DIY furniture and home appliances. The distribution centres are an extension of the Al-Futtaim company’s 3PL solutions to bring brands and consumers within close ......read more
Dubai, UAE; 25 June, 2018: 2XL, the homegrown luxury furniture and home décor brand in the UAE, has launched Blomsbury, a coffee color sofa set that renders an elegant and soothing feel to the living room.
For a neutral colour scheme, soft pastel colours such as light blue or grey colour cushions and curtains will go well with Blomsbury. The set is detailed with buttons on the sides.
According to Amit Yadav, Marketing Manager, at 2XL Furniture and Home Décor “Bloomsbury sofa set adds an air of luxury without compromising on the comfort of space. ......read more
Dubai, UAE, June 24, 2018: The Bloomberg Commodity Index has seen its year-to-date gains disappear following four weeks of heavy selling. The broad-based index, which tracks 22 major commodities evenly split between energy, metals and agriculture, has been hurt by a stronger dollar and trade war angst as well as expectations that Opec+ will increase production in order to cap crude oil’s upside.
The current robustness of the US economy compared with the rest of the world has led to the current divergence in monetary policy between the Federal Reserve and other major ......read more
Superbrands, the independent authority and arbiter of branding, announced it will host its annual tribute event to honour and recognize 58 of UAE’s strongest brands on June 27, 2018. At the event, Superbrands will also announce the highly awaited ‘Brand of the Year’ award and unveil the 14th edition of the much sought-after Superbrands book, which includes a two-page profile of each of the Superbrands.
In its 14th edition, the Superbrands tribute event is considered the ‘Oscars of Branding’ by the corporate world and speaking about the event, Mr. Mike English, ......read more
Abu Dhabi, 20 June 2018: Mubadala Petroleum announces that it has completed the acquisition from Italy’s Eni of a 10 percent participating interest in the offshore Shorouk Concession in Egypt, which contains the supergiant Zohr gas field. Following the completion, Eni, through its subsidiary IEOC, holds a 50 percent interest in the concession. The other partners in the concession are BP with 10 percent interest and Rosneft with 30 percent interest.
Dr. Bakheet Al Katheeri, Chief Executive Officer, Mubadala Petroleum signed a deed with Eni completing the sale to ......read more
June 20, 2018 - Etihad ESCO, the leading energy service company, announced the signing of an agreement with Jamal Al Ghurair Group to retrofit two of their industrial facilities in Abu Dhabi- Gypsemna and Porcellan. Etihad ESCO and Jamal Al Ghurair Group formed the partnership after identifying the enormous energy savings potential of the project. Being the first retrofit program to be undertaken by Etihad ESCO in Abu Dhabi, the project is set to pave the way for increased adoption of retrofit measures in the capital.
Jamal Al Ghurair Group is a diversified family-owned group with ......read more
The poll on nuclear energy conducted by independent global market research company Nielsen shows that 82 percent of UAE residents are in favor of using nuclear energy for generating electricity - the highest level of support globally
Al Dhafra residents show highest acceptance levels in the UAE for the construction of the Barakah plant
Abu Dhabi, UAE – 20 June 2018: An independent national poll on nuclear energy shows the UAE public strongly supports the use of peaceful nuclear energy, with 82 percent of residents in favor of using nuclear energy for generating ......read more
Abu Dhabi, UAE: 17 June 2018: Adnan Z. Amin, Director-General of the International Renewable Energy Agency (IRENA) has welcomed the European Union’s (EU) decision to increase its renewable energy target from 27 per cent to 32 per cent by 2030, highlighting that the move reinforces the EU’s position at the forefront of energy transformation and reflects the new economics of renewable energy. Responding to the announcement made by the European Commission today, Mr. Amin said:
“The EU’s decision to increase its renewable energy target from 27 per cent to 32 ......read more
With kitchen faucets, water systems, kitchen sinks and more, GROHE becomes No. 1 Kitchen System brand and one-stop shop for perfect combinations
Patented surface technology, easy cleaning and extremely resistant stainless steel for quality one can see and feel
Four perfectly combined GROHE sink and faucet bundles as an end-to-end solution
From price entry solutions to high end premium sinks
Dubai, United Arab Emirates - 14 June 2018. The kitchen is the heart of the home: a place to feel good, to cook together and to indulge. And there is one spot in the kitchen where ......read more
Dubai, UAE; June 13,2018: Hormann has introduced door Type V3009, a high-speed roller door with a flexible curtain, designed for a high number of automated opening and closing cycles. It can be fitted between the operating sections and the storage areas within a conveyor system.
Due to the low lateral space requirements, this door is specifically designed for integration in conveyor systems and their frequent automated opening and closing cycles. The door control can be integrated in existing PLC systems. A volt-free contact reports the door position (open / closed) ......read more
Dubai, UAE; June 13, 2018: Tristar Group’s two warehouses located in the Jebel Ali Industrial Area 1 and 2 were awarded 5-star rating by Dubai Multi Commodities Centre (DMCC) for the second and third consecutive years, respectively.
Shivananda Baikady, General Manager-Road Transport and Warehousing, Tristar, said: “Our specialized warehousing facilities are designed to accommodate and handle dangerous and non-dangerous goods with stringent adherence to health, safety and environmental standards. We are proud to receive consecutive 5-star rating by ......read more
DHL Named Premier Partner for Shipping by leading B2B and B2C cloud commerce platform, Magento
Dubai, June 12, 2018: Deutsche Post DHL Group, the world’s leading logistics company, today announced its collaboration with Magento, the worldwide leader in cloud digital commerce innovation, as Premier Partner for Shipping. The partnership enables DHL and Magento to offer a broad range of shipping services to e-commerce merchants, small and medium enterprises (SMEs), start-ups and online entrepreneurs in the Middle East and North Africa (MENA) region.
A study ......read more
At the Democratic Design Days in Älmhult, IKEA announces new commitments to inspire and enable sustainable living - making it easier for people to reduce their climate impact and contribute to a world without waste.
Dubai, UAE, June 7, 2018: “Our ambition is to become people and planet positive by 2030 while growing the IKEA business. Through our size and reach we have the opportunity to inspire and enable more than one billion people to live better lives, within the limits of the planet” says Inter IKEA Group CEO, Torbjörn Lööf. ......read more
Renewable energy continues to attract an increasing share of global investment, with annual investments expected to grow by $130 billion, compared to 2016 figures, reaching around $370 billion in 2020.
Developing countries now account for almost half of all renewables investment, although to date there has been modest investment in the GCC
Investment in GCC renewable energy could reach $16 billion in 2020 with a cumulative total of $40 billion between 2016 and 2020, provided the correct decisions and policies are adopted
The GCC countries have considerable potential for ......read more
Gulf Craft has appointed Gregory Yeakle to be their new Chief Executive Officer. One of the world’s largest luxury ship builders, Gulf Craft is based in the United Arab Emirates. The group has grown into a leading global business over the course of the past 37 years. He succeeds Erwin Bamps who held the position for the past 4 years and has now moved on to a new role as advisor to the board for international matters.
Gregory Yeakle joins Gulf Craft as CEO with a solid record of leadership having generated strong growth in companies such as Informix, Alexander Proudfoot Company and ......read more
By Ole S Hansen, Head of Commodity Strategy at Saxo Bank
Dubai, UAE, June 3, 2018: Commodities traded lower this past week with losses being led by the energy sector while both the metals and agriculture sectors were mixed. Impacting commodities both directly and indirectly were the unfolding political crises in both Spain and Italy, together with Donald Trump’s decision to slap duties on imports of steel and aluminium from US allies while also preparing a range of tariffs on goods from China.
Both events helped increase stock market volatility while sending core bond ......read more
Dubai, UAE, June 2, 2018: The Logistics District at Dubai South has launched Masary, a new smart electronic system that reduces the transit time of goods and vehicles. The new system is considered the first of its kind in the region and will positively impact the traffic of goods and vehicles that move through the district.
The Masary system is part of the district’s efforts to adopt new technologies to facilitate businesses, which is in line with Dubai’s government policy on digital transformation that aims to enhance the emirate’s status as a leading logistics ......read more
Q1 2018 Revenues Increase 14% to US$66 million
Dubai, UAE, Wednesday 31 May 2018: Topaz Energy and Marine (“Topaz”), a leading offshore support vessel and marine logistics company, today announces its results for the three months ended 31 March 2018 (“the period”).
Dubai, UAE, May 30, 2018: ZAJEL, one of the fastest growing courier companies in the UAE, has signed a partnership agreement with OnTime Government Services to provide logistics services to various transactions at the OnTime centres.
The agreement was signed by ZAJEL CEO, Khawla Kabanji, and Waleid Abdulkareim, CEO and Founder of OnTime Group.
Khawla commented: “The agreement is important for us as it contributes to the expansion of the logistics we provide to our customers and enhances our role as a reliable company both locally and internationally. This agreement will ......read more
Dubai, UAE, May 30, 2018: One of UPS’s 747 jumbo jets dedicated for long-haul international use is sporting a modified paint scheme highlighting the company’s role as official logistics partner for Expo 2020 Dubai. UPS has only modified the livery of an aircraft four other times in the airline’s 30-year history. Each of those times signifies a major news event – this time, it’s to mark UPS’s unique role in delivering one of the world’s most complex logistics challenges at the upcoming Expo 2020 Dubai. Millions of visitors from around the world ......read more
Dubai, UAE, May 29, 2018: The International Fund for Animal Welfare (IFAW) is visiting the schools in the UAE to raise awareness on the importance of animal welfare through lively and interactive context-related presentations and activities.
The activity aims to address the negative impacts of raising wild animals as exotic pets, which is practiced in some of the Arab countries, and explains the difference between Animal Welfare and Animal Rights - teaching the students on ways to assess the welfare of the animals at home, community, or even in the wild. The program is outlined ......read more
May 29, 2018; Dubai, UAE: The act of giving is highly treasured in the UAE, and Ramadan enhances the giving spirit. Keeping the same spirit in my mind, Danube Group the UAE's largest diversified conglomerate is offering 100,000 free iftar meals during Ramadan from last 13 years to the underprivileged labourers as part of its humanitarian initiative.
The yearly initiative has been a huge success among the blue-collar workers, whose hard work often goes unnoticed, despite their diligent performance of duties while adhering to religious obligations. Additionally to fulfil one of the ......read more