Sunday 19 November 2017

0

COMMERCIAL PROPERTY DRAWS 5pc
UAE residential units exempt from VAT: FTA

Residential units in the UAE will remain exempt from value added tax (VAT), except for the first supply of a new residential building within the first three years of it being constructed, which will be 0 per cent rated, said a report

more…

1

INTERIOR DESIGN SERVICES
Italian group wins contract for new Bee’ah HQ

Bee’ah, a leading environmental management company based in the UAE, has awarded a major contract to Italian multi-disciplinary design practice Antonio Citterio Patricia Viel to design the interiors of its new, futuristic headquarters.

more…

2

1,100-km VELOCITY
Virgin Hyperloop One set to develop GCC ultra-fast tube

US-based Virgin Hyperloop One, a startup developing super high-speed transportation systems, is working on a major plan to link the GCC through an ultra-fast tube transportation system, which will operate at a velocity of 1,100 km per hour.

more…

3

SPECIAL REPORT
IT spending in EMEA to top $1trn in 2018: Gartner

IT spending in EMEA (Europe, Middle East and Africa) is projected to total $1trillion in 2018, an increase of 4.9 per cent from estimated spending of $974 billion in 2017, according to a new report from research and advisory firm Gartner.

more…

4

FOCUS
Trends that can change Mideast logistics sector

Supply chains across the Middle East have been revolutionised by new advancements, making logistics services faster, more accurate, and efficient, according to a research conducted by FarEye, a global logistics management solutions company.

more…

5

IMAGE OF THE DAY
On top of the world

India's Manushi Chillar being crowned Miss World by 2016 winner Puerto Rico’s Stephanie Del Vallele at a glittering event in China. England's Stephanie Hill (right) and Mexico's Andrea Meza were declared the first and second runners-up.

more…

Top Trade News

icondown

Industry Sectors

Construction & Real Estate

Jeddah's waterfront project enters final phase

Work on the 720,000-sq-m Jeddah waterfront corniche, which boasts three beaches, a marina for mini boats, a floating dock and family restaurants besides Saudi Arabia's longest pedestrian bridge, is entering its final phase, said a report.

More…
Retail & Wholesale

Vox Cinemas launches Imax theatre in Bahrain

Majid Al Futtaim, a leading retail and leisure pioneer in the region, has joined hands with Bahrain Cinema Company to introduce The Imax Experience - that brings awe-inspiring pictures along with heart-pounding audio - at City Centre Bahrain.

More…
Energy, Oil & Gas
Finance & Capital Market

UAE banks federation unveils new brand identity

Reinforcing its pivotal role in driving the continuous growth and development of the country’s banking sector, the UAE Banks Federation, a professional representative body comprising 48 member banks, has launched a new brand identity.

More…
Analysis, Interviews, Opinions

Global GDP to see 3.2pc growth in 2018: Moody’s

Global GDP is estimated to grow at of 3.2 per cent in 2018 and 3.1 per cent in 2019, similar to 2017 and up from the 2.5 per cent growth achieved in 2016, Moody's Investors Service said in its 2018 cross sector credit conditions outlook.

More…
Industry, Logistics & Shipping

Wipro launches key solutions for SAP Leonardo

Wipro, a leading global information technology, consulting and business process services company, has announced the launch of industry-specific solutions on SAP Leonardo, a holistic digital innovation system.

More…
Travel, Tourism & Hospitality

Jazeera kicks off India ops with Hyderabad flights

Jazeera Airways, Kuwait’s leading low cost airline, has relaunched its India operations with daily flights to the southern city of Hyderabad. This will be followed by flights to Kochi, Mumbai and Ahmedabad starting from early next year.

More…
IT & Telecommunications

Bahrain TRA to begin SIM card verification

Bahrain's Telecommunications Regulatory Authority (TRA) is set to implement a new SIM Card Verification regulation as part of its efforts to ensure that consumers can safely enjoy using their telecom services with peace of mind.

More…
Lifestyle

Moda Mall offers chance to win Durrat Marina property

Bahrain’s luxury shopping destination Moda Mall has launched a new sales promotion in collaboration with leading developer Durrat Marina offering customers an opportunity to win a high-end freehold residential property by the sea.

More…
Motoring

Virgin Hyperloop One set to develop GCC ultra-fast tube

US-based Virgin Hyperloop One, a startup developing super high-speed transportation systems, is working on a major plan to link the GCC through an ultra-fast tube transportation system, which will operate at a velocity of 1,100 km per hour.

More…
Health & Environment

Abu Dhabi launches fund to combat diseases

Abu Dhabi has launched the Reaching the Last Mile Fund to raise $100 million with the aim of eradicating, eliminating, and controlling preventable diseases that hinder the health and economic prospects of the world’s poorest people.

More…
Media & Promotion

India's Manushi Chillar is the new Miss World

Miss India Manushi Chillar, a 20-year-old medical student, on Saturday clinched the Miss World title beating 108 other contestants at a glittering event held at Sanya City Arena in China to bring the crown back to India after 17 long years.

More…
Education, HR & Training

Emirates flight school picks TRU Simulation

Emirates Flight Training Academy has signed an agreement with TRU Simulation + Training, a Textron company, to supply six new Flight Simulation Training Devices (FSTDs) with mini-motion systems for the Academy.

More…
Miscellaneous

RTA to operate e-abras at Dubai Global Village

Dubai's Roads and Transport Authority (RTA) is set to operate, for the first time, electricity-powered abras on the Water Canal at this year's Global Village to serve visitors coming to this popular leisure destination.

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

calendarCalendar of Events