Tuesday 19 September 2017

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12 BERTHS FOR GIANT VESSELS
DP World, IGY Marinas to build superyacht complex in France

Dubai-based marine terminal operator DP World said one of its units, P&O Marinas, has joined hands with top marina operator and developer IGY Marinas to build a major superyacht complex in Sète, France.

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1

ENERGY EFFICIENCY PLAN
Bahrain to build 100MW solar power plant

Bahrain is set to develop a hitech solar power plant with a nominal capacity of 100 megawatt in collaboration with the private sector. The tendering process will begin in February next year, said the country's power minister.

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2

INDUSTRIAL GASES FOCUS
Air Products, Dhahran Techno to build top tech centre

US-based Air Products, a leading industrial gases company, has signed an agreement with Dhahran Techno Valley Company to build and develop a world-class technology centre in Saudi Arabia.

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3

SPOTLIGHT
Impact Investing: do good and do well

The need is immense in terms of infrastructure, jobs and capacity building in our neighbourhood. Impact investments provide both ROI as well as the social return, writes Shainoor Khoja, MD, Foundation Holdings’ Value Healthcare Platform.

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4

SPECIAL REPORT
Ransomware threats top 82m in H1: Trend Micro

Trend Micro detected more than 82 million ransomware threats in the first half of the year, along with more than 3,000 business email compromise (BEC) attempts, the cybersecurity solutions leader said in a new report.

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5

NEWS IN PICTURES
Airport Robot

One of the best commercial examples of the use of technology is LG’s Airport Robot. Designed with travellers in mind, the robot is engineered to recognise voice and answers questions in various languages to streamline airport traffic.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate

Nakheel gets 10 construction bids for $182m resort

Dubai-based master developer Nakheel is assessing 10 proposals for the construction of its new, Dh670 million ($182 million), 800-room RIU beachfront resort at Deira Islands, with the lowest bid at Dh363 million.

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Retail & Wholesale
Energy, Oil & Gas
Finance & Capital Market

New Bahrain Islamic banking rules are credit positive: Moody's

The Central Bank of Bahrain's (CBB) new Shari’ah governance regulations applicable to Islamic banks in Bahrain are credit positive for investors because they will lead to a more consistent and robust system, said a Moody's report.

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Analysis, Interviews, Opinions

Impact Investing: do good and do well

The need is immense in terms of infrastructure, jobs and capacity building in our neighbourhood. Impact investments provide both ROI as well as the social return, writes Shainoor Khoja, MD, Foundation Holdings’ Value Healthcare Platform.

More…
Industry, Logistics & Shipping

OBS Group, Legendre set up Dubai-based logistics JV

OBS Group, a diversified group based in Dubai, and France-based Legendre Transport & Logistic Group have announced the launch of a new joint venture to tap into the opportunities in the logistics market across the GCC.

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IT & Telecommunications

Avaya opens new Bahrain office

Avaya, a top real-time communication solutions provider, has opened its new office in Bahrain as part of its strategy to support the kingdom’s digital transformation efforts and meet growing demand for next-generation solutions.

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Lifestyle

Sip on the 'world's most expensive coffee' in Dubai

Seven Fortunes Coffee Roasters is set to put an amazing idea into action, giving Dubai’s coffee connoisseurs an unmissable opportunity to sip the most expensive coffee in the world.

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Motoring

150 manufacturers to take part in Dubai motor show

The world’s leading automotive industry players are gearing up for the Dubai International Motor Show 2017 in November as they look to leverage the Middle East’s enduring affinity with all things motoring and drive increased regional sales.

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Health & Environment

AccessAbilities Expo to showcase latest technology

More than 50 million people with determination across the Middle East will get an opportunity to explore the world’s latest and smart assistive technology products and solutions at the upcoming AccessAbilities Expo in Dubai, UAE.

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Media & Promotion

Injaz Kuwait, TEDxAlShuwaikh partner to reach youth

Non-profit organization Injaz Kuwait recently partnered with TEDxAlShuwaikh in an event addressing hundreds of participants to further its cause in empowering young people to own their economic success.

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Education, HR & Training

New contracts for Bahrain housemaids from Oct 1

Bahrain is set to implement a new contract for domestic workers starting from October 1, under which employers hiring housemaids must declare, among other things, the nature of the job, working hours and weekly day off, said a report.

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Miscellaneous

KBRwyle wins $91m contract to support US Navy

KBR has announced that its global Government Service business, KBRwyle, was awarded a $91 million base operating support services contract by the US Naval Facilities Engineering Command (NAVFAC) Atlantic.

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