Thursday 23 March 2017

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DUTY POLICEMAN STABBED
2 dead, many injured in 'terror' attack outside UK parliament

At least two people were killed and dozens injured in a major terror incident outside the British Parliament, according to media reports.

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1

WINSUN INKS LEASING AGREEMENT
China firm, Al Mobty to build 1.5m 3D printed homes in Saudi Arabia

Chinese 3D printed housing company WinSun has reached a 10 billion yuan ($1.5 billion) deal with Saudi-based Al Mobty Contracting Company to set up a joint venture that will print 30 million sq m of construction projects in the kingdom.

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2

3 BIG HOTELS, SHOPPING MALL
Jabal Omar to sell key Makkah real estate assets for $1.6bn

Saudi-based Jabal Omar Development said it plans to sell some of its strategic real estate assets in Makkah region, including three big hotel projects and a shopping mall, to Alinma Investment Company for SR6 billion ($1.59 billion).

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3

SPOTLIGHT
Gates stays richest; number of billionaires jumps

Microsoft founder Bill Gates is the richest in the world for the fourth year in a row, according to the latest Forbes billionaires list. Gates has a fortune of $86 billion, up from $75 billion last year.

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4

FOCUS
Renewable energy costs on ‘rapid decline’

Wind and solar PV technologies have seen rapid cost reductions and can now provide electricity at or below the cost of traditional sources in a growing number of countries, the International Energy Agency (IEA) said in a new report.

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5

NEWS IN PICTURES
Marking Water Day

An Indonesian woman drinks water from a traditional jug during a rally to mark the International Water Day outside the Presidential Palace in Jakarta, Indonesia, on March 22.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate

Nakheel floats tenders for Dubai mixed-use complex

Leading developer Nakheel has launched a tender for the construction of a mixed-use complex, featuring two 32-storey residential towers, a shopping mall, gymnasium and a restaurant, at its key retail destination Dragon City in Dubai.

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Retail & Wholesale

Christie’s Dubai auctions fetch $13. 43m

Christie’s Dubai March auctions of modern and contemporary Middle Eastern art and important watches realised a total of $13.43 million, setting new records.

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Energy, Oil & Gas

EDF joins Dubai solar park Phase Three consortium

EDF Group, an integrated electricity company, said it has joined a consortium led by Abu Dhabi future energy company Masdar which is developing the 800 MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai, UAE.

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Finance & Capital Market

ADIB launches new class of branch

Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has launched ADIB Express, a first of its kind class of digitally-enabled branch that combines the benefits of digital banking with a bespoke personalised service.

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Analysis, Interviews, Opinions

Gates stays richest; number of billionaires jumps

Microsoft founder Bill Gates is the richest in the world for the fourth year in a row, according to the latest Forbes billionaires list. Gates has a fortune of $86 billion, up from $75 billion last year.

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Industry, Logistics & Shipping

Hempel inaugurates new factory in Kuwait

Hempel, a leading paint manufacturer, today (March 22) inaugurated a new factory in Kuwait to meet increased demand and also to consolidate its position as market leader in the region.

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Travel, Tourism & Hospitality

Marriott Hotel Al Forsan, Abu Dhabi opens

Marriott Hotels, the signature brand of Marriott International last night hosted an event to celebrate the grand opening of the Marriott Hotel Al Forsan, Abu Dhabi in the UAE capital.

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IT & Telecommunications

Kaspersky offers critical infrastructure protection

Kaspersky Lab has announced the global availability of its Industrial CyberSecurity for Energy, a vertical advanced package for energy enterprises, based on Kaspersky Lab’s suite for protection of industrial infrastructure.

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Lifestyle

Sotheby’s to auction rare pink diamond

Sotheby’s has announced that The Pink Star, one of the world’s great natural treasures, will lead its sales of magnificent jewels and jadeite in Hong Kong on April 4.

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Motoring

Al Haddad marks delivery of 10 new vans to City Limo

Al Haddad Motors hosted an official corporate ceremony to mark the handing over of 10 new 10 new vans from the Mercedes Benz product portfolio for its key customer, City Limo.

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Health & Environment

Bloom Healthcare, HealthPlus Network plan clinics

Bloom Healthcare, a Bloom Holding subsidiary, has announced a collaboration with HealthPlus, a network of highly specialised outpatient centres in Abu Dhabi, to open a HealthPlus Family Health Center at Bloom Gardens in Abu Dhabi.

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Media & Promotion

Media professionals throng Dubai as Cabsat opens

More than 13,000 media industry professionals are expected to take part in Cabsat 2017, the region’s definitive the definitive event for broadcast, satellite and entertainment content sectors.

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Miscellaneous

Dubai developer launches new happiness advisory

UAE-based United World Infrastructure (UWI) has launched its new advisory offering that will enable it to work with cities across the Middle East and the world for measuring and improving the happiness of residents.

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