Tuesday 23 May 2017

0

STRATEGIC INITIATIVE
New hub to drive SME, start-up growth in Saudi

The Small and Medium Enterprises General Authority of Saudi Arabia has announced the establishment of HUB1006, an operating entity for a series of entrepreneurial hubs focused on growing the SME and start-up sectors across the Kingdom.

more…

1

EXPO 2020 PREPARATIONS
Schon breaks ground on $871m hotel apartment project

Schon Properties, a leading private developer in Dubai, UAE, has broken ground on its largest single-site hotel apartment project, iSuites, to be developed at an investment of Dh3.2 billion ($871 million) in Dubai Investments Park.

more…

2

INSTITUTIONS OPTIMISTIC
Bahrain business confidence index gains in Q2

The business confidence index in Bahrain has amounted to more than 19.91 positive points in the second quarter of 2017, according to a survey conducted by the Information & eGovernment Authority (iGA).

more…

3

SPOTLIGHT
Iraq needs urgent investment in education

The future of Iraq, its economic security and prosperity depends on increasing investment in education today, a Unicef report said.

more…

4

ANALYSIS
Opec faces three choices: stay, cut or hike output

Opec faces three distinct choices: stay, cut, or hike output at the meeting in Vienna on May 25.So what will Opec do? The cartel will extend the cuts and hope demand recovers, says Bank of America Merrill Lynch in a new report.

more…

5

NEWS IN PICTURES
Joining hands for peace

US President Donald Trump (R), US First Lady Melania Trump (R-2), King Salman bin Abdulaziz Al-Saud of Saudi Arabia (C) and Egyptian President Abdel Al-Sisi (L) opening the World Center for Countering Extremist Thought in Riyadh on May 21.

more…

Top Trade News

icondown

Industry Sectors

Construction & Real Estate

Damac launches premium villas at Akoya Oxygen

UAE-based Damac Properties has launched Aknan (shelter in Arabic), a collection of three-bedroom luxurious villas within its master development Akoya Oxygen, a luxury green community spread over a 55-million-sq-ft area in Dubai.

More…
Retail & Wholesale

LG launches Google Home compatible appliances

LG Electronics has announced a line-up of smart appliances that are fully compatible with the Google Assistant on Google Home, ushering in cutting-edge connectivity and convenience for today’s smart home.

More…
Energy, Oil & Gas

Grid inter-connectivity to net $33bn savings for GCC

Grid inter-connectivity between the GCC countries will generate $33 billion in investments, economic and energy savings for the bloc over the next 25 years, according to an industry expert.

More…
Finance & Capital Market

Ria Money Transfer launches GCC, India expansion

Ria Money Transfer, claimed to be the third largest money transfer company in the world and subsidiary of Euronet Worldwide, has announced its expansion and ramp-up in the GCC countries.

More…
Analysis, Interviews, Opinions

Cyber criminals ‘exploiting employee behaviour’

Browser-based attacks and social engineering are now the two most powerful techniques targeting organisations, a report said, highlighting that both techniques prey upon users as their initial point of entry.

More…
Industry, Logistics & Shipping

Ford names Jim Hackett as new president and CEO

Ford Motor Company today named Jim Hackett as its new president and CEO and announced key global leadership changes designed to further strengthen its core automotive business and to capitalise on emerging opportunities.

More…
Travel, Tourism & Hospitality

Sita unveils new robotic check-in kiosks for airports

Air travel technology provider Sita Lab has unveiled Kate, an intelligent check-in kiosk that will autonomously move to busy or congested areas in the airport as needed.

More…
IT & Telecommunications

Mobily launches 300GB, 600GB offers

Etihad Etisalat (Mobily),a top telecom provider in Saudi Arabia, has launched its new two offers on 300 GB and 600 GB data packages which comply with customers’ needs especially those who have high rate of data usage.

More…
Lifestyle

deLaCour crafts a Passion for women

Reputed for being a maker of men's watches that are both unusual and elegant, deLaCour has decided to bring its unique sensitivity and sensuality into the creation of a timepiece that is ultra feminine and designed exclusively for women.

More…
Health & Environment

Healthpoint signs MoU with top US medical centre

Healthpoint, the multi-specialty hospital in Abu Dhabi and part of Mubadala’s Healthcare network, has signed an MoU with Children’s National Medical Center (CNMC), Washington, DC, to build a closer collaboration in pediatric care.

More…
Media & Promotion

Careem, OSN sign strategic partnership

Careem, a leading ride-hailing service in the Middle East, has announced a strategic partnership with OSN, a major entertainment network in the region, to deliver enhanced value for customers of both companies across the Mena region.

More…
Education, HR & Training

Dubai Future Foundation, Adveti ink tie-up

The Dubai Future Foundation (DFF) has signed an agreement with the Abu Dhabi Vocational Education and Training Institute (Adveti) to promote innovation and future-centric knowledge, and help realize the UAE Vision 2021.

More…
Miscellaneous

World's first Robocop joins duty in Dubai

Dubai Police has welcomed a new member to its force and he is super smart. He is ready to engage with Dubai’s residents and millions of tourists across the city’s streets.

More…
Live rates widget is provided by DailyForex.com - Forex Reviews and News

calendarCalendar of Events

Ads

Recommended Links

ABC-Bahrain

DHgate

Robot for Binary Option