Wednesday 31 August 2016

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SPRAY SALES JUMP 5-FOLD
Zika cases hit 82 in Singapore; travel warnings rise

Confirmed cases of Zika virus in Singapore rose to 82 on Tuesday, as the US issued a warning to pregnant women to avoid travel to the city-state, joining Australia, Taiwan and South Korea.

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1

TURKISH ARMY ADVANCES
Key Islamic State leader killed in US strike in Syria

Islamic State said on Tuesday one of its most prominent and longest-serving leaders was killed in what appeared to be an American air strike in Syria, depriving the militant group of the man in charge of directing attacks overseas.

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2

PRINCE MOHAMMED'S VISIT
Saudi Arabia signs 15 initial deals with China

Saudi Arabia signed 15 preliminary agreements with China on Tuesday in sectors from energy to housing on a trip headed by Deputy Crown Prince Mohammed bin Salman aimed at bolstering relations with a top energy customer and trade partner.

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3

SPECIAL REPORT
UAE, Saudi millennials bigger spenders than global peers

Millennials are a large, influential and increasingly affluent group, are the fastest growing segment within the region, and in the UAE and Saudi Arabia, tend to be higher spenders than their global peers, a report said.

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4

ANALYSIS
GCC e-commerce set to become world’s fastest-growing

With high levels of disposal income, world-leading internet and smartphone penetration, and changing consumer preferences, the GCC has the potential to become the world’s fastest growing e-commerce playground, a report said.

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5

NEWS IN PICTURES
Dubai Opera opens today

Inside view of view of the newly opening Dubai Opera, which is located in Downtown Dubai, UAE on August 30. The opera will open its doors to the public on August 31 with a performance by Spanish tenor Placido Domingo.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate

Blaze hits Abu Dhabi tower under construction

Fire swept through a 28-storey skyscraper under construction adjacent to Beach Rotana hotel in central Abu Dhabi on Tuesday, the latest in a series of at least five blazes to hit tall buildings in the UAE over the last 18 months.

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Retail & Wholesale

UAE holds $18bn of Mena franchise market

The UAE commands $18 billion of the$30 billion franchise economy of the Mena region, said the event organisers of the upcoming Middle East Franchise Expo & Forum in Dubai, UAE.

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Energy, Oil & Gas
Finance & Capital Market

Saudi Arabia signs 15 initial deals with China

Saudi Arabia signed 15 preliminary agreements with China on Tuesday in sectors from energy to housing on a trip headed by Deputy Crown Prince Mohammed bin Salman aimed at bolstering relations with a top energy customer and trade partner.

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Analysis, Interviews, Opinions

UAE, Saudi millennials bigger spenders than global peers

Millennials are a large, influential and increasingly affluent group, are the fastest growing segment within the region, and in the UAE and Saudi Arabia, tend to be higher spenders than their global peers, a report said.

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Industry, Logistics & Shipping

10 Electrolux factories win Emirates Quality Mark

Electrolux, a global leader in home appliances, has announced that 10 of its factories have been awarded the Emirates Quality Mark (EQM) by the Emirates Authority for Standardization and Methodology.

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Travel, Tourism & Hospitality

Singapore firm to launch new budget hotel brand in ME

Singapore-based General Hotel Management (GHM) has unveiled plans to launch a new mid-market brand - Tin Hotels - in the Middle East, in partnership with Dubai hotel development and investment company Van de Bunt Partners.

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IT & Telecommunications

Saudi Telecom, Lebara KSA mull Egypt 4G bid

Representatives from Saudi Telecom and Lebara KSA are in Egypt this week to discuss the possibility of obtaining a fourth-generation mobile phone licence, an official from Egypt's telecommunications ministry said on Monday.

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Motoring

Ford offers upgrade in maintenance plan

Ford Motor Company, along with its distributors in the Middle East region, has revamped the Ford Protect Program offering customers the choice to upgrade their existing maintenance plans to enhance vehicle performance.

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Health & Environment

Aster DM Healthcare unveils facility in Bengaluru

Dubai-based conglomerate Aster DM Healthcare has formally launched its newly-upgraded quaternary care super-specialty healthcare facility Aster CMI Hospital in the Indian city of Bengaluru.

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Education, HR & Training
Miscellaneous

Leisure Show Dubai to see growth in sports, fitness sector

Leading international sports and fitness brands are set to dominate next month’s The Leisure Show Dubai 2016 in a clear reflection of soaring regional interest in healthy living.

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