Tuesday 25 July 2017

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FINAL DESIGN GETTING READY
$1bn Bahrain medical city project makes headway

Bahrain's Works Ministry will be carrying out the infrastructure works for the $1-billion King Abdullah Medical City, a massive healthcare project being developed on a one-million-sq-m area at Durrat Al Bahrain in the south of the kingdom.

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1

NEDAA, NOKIA DEAL
Dubai to host new Innovation & Creativity Lab

Professional Communication Corporation (Nedaa), the Dubai Government’s security networks provider, today signed an agreement with Nokia formally designating Dubai as the headquarters of their pioneering Innovation and Creativity Lab.

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2

OCCUPANCY LEVELS HIT 62.4pc
ME hotel sector stays flat in Q2, Africa positive

The hotel industry in the Middle East reported nearly flat results during the second quarter of 2017, while hotels in Africa recorded growth across the three key performance metrics, according to recently released data.

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3

ANALYSIS
Oil sector could offset GCC non-oil growth: report

An anticipated non-oil sector growth of 2.6 per cent across the GCC in 2017 will be offset by a further three per cent contraction in the oil-producing sectors, said a report.

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4

43pc RETAILERS AFFECTED IN 2016
Data breach a growing concern for retailers - report

Two in five retailers across the globe have experienced a data breach in the past year, according to a report released today.

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5

NEWS IN PICTURES
A big 'Modhesh' welcome

Modhesh, the macot for Dubai's's popular indoor edutainment destination Modhesh World, recently greeted travellers from Bahrain at Terminal 2 in Dubai International Airport, where he posed for photos and gave away free theme park passes.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate

$1bn Bahrain medical city project makes headway

Bahrain's Works Ministry will be carrying out the infrastructure works for the $1-billion King Abdullah Medical City, a massive healthcare project being developed on a one-million-sq-m area at Durrat Al Bahrain in the south of the kingdom.

More…
Retail & Wholesale
Energy, Oil & Gas

Oil to stay between $50-55 in H2, 2018: Barclays

Brent prices are likely to stay in the $50-55 range in the second half of 2017 and to average in the same range in 2018, said Barclays in its latest Oil Instant Insight.

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Finance & Capital Market

UAE surplus reserves surge to top $11.6bn in June

Surplus reserves at UAE banks and other financial institutions surged to Dh42.8 billion ($11.6 billion) by the end of June, a growth of 77.6 per cent from Dh24.1 billion in January, according to UAE Central Bank statistics.

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Analysis, Interviews, Opinions

Female leadership in GCC firms stays below 2pc

Representation of women on company boards remains very low across the region with women holding no more than 2 per cent of board seats in the GCC region, a report said.

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Industry, Logistics & Shipping

200 firms for Bahrain process engineering summit

More than 200 exhibiting companies and over thousands of visitors are expected to take part in the fourth edition of Middle East Process Engineering Conference & Exhibition (Mepec), being held later this year in Bahrain.

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Travel, Tourism & Hospitality

Flynas to renew Riyadh-Beirut flights

Flynas, the national Saudi airline, said it will return to Beirut, the Lebanese capital, operating four weekly flights, connecting King Khalid International Airport in Riyadh and Rafic Hariri International Airport in Beirut.

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IT & Telecommunications

Dubai to host new Innovation & Creativity Lab

Professional Communication Corporation (Nedaa), the Dubai Government’s security networks provider, today signed an agreement with Nokia formally designating Dubai as the headquarters of their pioneering Innovation and Creativity Lab.

More…
Lifestyle

New limited edition City Umbra makes indelible impact

With its exclusive elliptical shape, and based on its longstanding jeweller expertise, deLaCour has developed its City model and given birth to a new Haute Joaillerie timepiece in a limited edition of eight pieces.

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Motoring

Nissan KICKS 2018 launched in Kuwait

Abdulmohsen Abdulaziz Al Babtain Company (AABC), the sole authorised dealer of Nissan vehicles in Kuwait, has announced the availability of the 2018 edition of Nissan KICKS compact crossover.

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Health & Environment

DHA Medical Fitness Centres to adopt smart system

Dubai Health Authority (DHA) will be adopting an electronic system at its Medical Fitness Centres to allow customers to finish all their medical test procedures from one centre or through one of the 40 DHA-approved printing centres.

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Media & Promotion

MBRF seeks submissions for top award

Dubai's Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF) has officially opened the door to submissions for the annual Mohammed bin Rashid Al Maktoum Knowledge Award (MBRKA).

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Education, HR & Training

Dubai school debuts diploma in customer happiness

Dubai’s Mohammed bin Rashid School of Government (MBRSG), a research and academic institution focusing on governance and public policy, has launched its first professional diploma in customer happiness.

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Miscellaneous

Merchant ship collides with UAE Navy boat

A merchant ship collided with a UAE Navy boat during a routine mission by the latter off the UAE territorial waters in the Arabian Gulf, this morning, reported state news agency Wam.

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