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* * * × search Custom Search Sort by: Relevance Relevance Date Friday 25 October 2024 * Home * Trade News TRADE NEWS * Construction & Real Estate * Energy, Oil & Gas * Finance & Capital Market * Industry & Logistics * IT & Telecommunication * Health & Environment * Media & Promotion * Motoring * Retail & Wholesale * Travel, Tourism & Hospitality * Lifestyle * Analysis, Interviews, Opinions * Miscellaneous * Other Sectors * Business Directory * Contact * Advertise * Newsletter 0 OVER 630,000 JOBS CREATED AVIATION SECTOR CONTRIBUTED $37BN TO DUBAI’S ECONOMY IN 2023 Dubai’s aviation sector, comprising Emirates Group, Dubai Airports (including DXB and DWC), and other aviation sector entities are set to have contributed AED137 billion ($37 billion) to Dubai’s GDP last year, according to a study by Oxford Economist. more… 1 BIG INFRASTRUCTURE BOOST SWPC SET TO LAUNCH $12BN NEW WATER PROJECTS IN NEXT THREE YEARS Saudi Water Partnership Company plans to launch 18 new water projects worth SAR45 billion ($12 billion) within the next three years. Of these projects, the contracts for eight of them are expected to be awarded in the next 12 months, said a top official. more… 2 LIVESTOCK, MANUFACTURING ON TOP SAUDI ARABIA NETS $9BN IN PRIVATE FUNDS FOR SUSTAINABLE AGRICULTURE Saudi agriculture, food sector has recorded a significant surge in private sector investments with the total hitting SAR37 billion ($9.8 billion). The FDI covers a wide range of projects including livestock, manufacturing and infrastructure development. more… * 1 * 2 * 3 TOP TRADE NEWS ARDARA SIGNS UP OBMI, PARSONS FOR FLAGSHIP SAUDI PROJECT SAUDI ARABIA LAUNCHES PILOT PROGRAMME FOR HYDROGEN-POWERED TAXI MASDAR, EDF CONSORTIA IN RACE FOR $2BN SAUDI SOLAR PROJECTS DUBAI REAL ESTATE SALES SURGE TO $37.79BN IN Q3 UAE IN DEAL TO DEVELOP 60GW ENERGY PROJECT IN INDIA SPANISH GROUP RCR TO DESIGN 73-STOREY MIXED-USE PROJECT IN DUBAI DHAM REBRANDS ITS RESIDENTIAL PORTFOLIO AS DUBAI RESIDENTIAL EMIRATES ORDERS FIVE MORE BOEING 777 FREIGHTERS SSAB, PARMACO TO BUILD FIRST FOSSIL-FREE STEEL CONCEPT BUILDING TALENT: DUBAI, ABU DHABI RANK FIRST IN EASE OF ENTRY * Week's Top Stories * Most Read Stories * Lulu Retail to launch IPO next week; listing on ADX * Nakilat's Q3 net profit surges 7.2pc to $340m * Gulf Air boosts Singapore operations with new daily flights * Schneider Electric sets up new manufacturing plant in UAE * Aramex, ZK Holding launch Iraq logistics services JV * Saudi forum discusses best practices for green construction * Bahri secures $756m Alinma funding for fleet modernisation * Hamad International Airport wins LEED Gold certification * One Development inks consultancy contract for $544m Dubai project * Havelock One plays key role in NBB unit's LEED certification * Malware detections in UAE soar 65.3pc: Acronis * Emirates Islamic 9M net soars 52pc to $680m; highest ever * Arada unveils $1.36bn three-tower seafront development in Dubai * DIC arranges 180 business meetings in Belgrade * Cruise Saudi in deal to develop private island at Red Sea * Saudi equity firm mulls setting up SEZ at King Salman Airport * 5G emerges as a focal point at Gitex Global 2024 * Etihad Airways relaunches cadet pilot programme INDUSTRY SECTORS Construction & Real Estate Retail & Wholesale Energy, Oil & Gas Finance & Capital Market Analysis, Interviews, Opinions Industry, Logistics & Shipping Travel, Tourism & Hospitality IT & Telecommunications Lifestyle Motoring Health & Environment Media & Promotion Education, HR & Training Miscellaneous Construction & Real Estate SPANISH GROUP RCR TO DESIGN 73-STOREY MIXED-USE PROJECT IN DUBAI Spanish group RCR Arquitectes has joined hands with Dubai-based Muraba to create a 73-storey sanctuary inspired by centuries old tradition. The Muraba Veil will feature 131 residential units along with a range of curated leisure amenities. More… * Aldar announces completion of Al Hamra Mall revamp * POB1 unveils 222-unit residential project in Dubai Silicon Oasis * Acwa consortium emerges preferred bidder for Ras Mohaisen IWP * ONE Development unveils $544m AI-integrated project at City of Arabia * More Stories Retail & Wholesale BHIMA JEWELLERS EYES $272M FUNDING FOR BIG GCC EXPANSION Bhima Jewellers, a leading Indian jewellery group, has unveiled its aggressive expansion plan for GCC region, targeting 15 stores in UAE in the next three years. The group aims to raise AED1 billion ($272.2 million) from HNWIs and FIIs to fund the plan. More… * Aldar announces completion of Al Hamra Mall revamp * Lulu Retail to launch IPO next week; listing on ADX * Joyalukkas opens its largest showroom in Bahrain * Mastercard Payment Passkey Service debuts in the Middle East * More Stories Energy, Oil & Gas MASDAR, EDF CONSORTIA IN RACE FOR $2BN SAUDI SOLAR PROJECTS Consortiums of top utility developers including Abu Dhabi's Masdar, French group EDF as well as TotalEnergies have been shortlisted by Saudi Power Procurement Company for development of SAR8 billion ($2 billion) solar projects. More… * Acwa consortium emerges preferred bidder for Ras Mohaisen IWP * Safeguarding workplace: Brady offers comprehensive identification solutions * Sipchem completes turnaround maintenance work at IPC plant * Saudi Arabia signs energy deals worth $27.69bn * More Stories Finance & Capital Market FORMER CBB OFFICIAL NAMED SINGAPORE GULF BANK BOARD MEMBER Singapore Gulf Bank, the digital bank backed by Bahrain wealth fund Mumtalakat and privately-held Singapore-based investment firm Whampoa Group, has announced the appointment of Shaikh Salman Bin Isa Al Khalifa as an independent director on SGB’s board. More… * MultiBank Group chosen 'Best FX Institutional Liquidity Provider' * CBI posts record 9M profit before tax of $69.2m, up 81pc * Bahrain set to host second edition of Gateway Gulf * Magnati, Ajman Bank to enhance financial solutions for SMEs * More Stories Analysis, Interviews, Opinions EMPLOYEE BENEFITS GAP POSES RISKS TO RETAINING TALENT Over 90% of employees across the GCC region rank employee benefits as a key factor in their job satisfaction, yet a significant number feel their expectations are not being met, according to new research. More… * Almost all business travellers say luxury enhances productivity: report * Voluntary savings matter, says UBS study * Middle East EV market a $54bn opportunity by 2035: Bain * More Stories Industry, Logistics & Shipping SILVER LINE GATE BREAKS GROUND ON ITS DUBAI INDUSTRIAL CITY HUB Silver Line Gate, a leading food and beverage (F&B) group, has started work on its integrated hub located within Dubai Industrial City. The key manufacturing, warehousing and office facility, spanning across a 1.37 million sq ft area, opens next year. More… * Edge and Baykar forge strategic partnership * Aluminium sector helps UAE achieve low-carbon future: Minister * Dubai Chamber of Commerce launches Korean Business Council * ADSB marks keel laying ceremony for Rabdan FA-400 vessel * More Stories Travel, Tourism & Hospitality SIX SENSES TO LAUNCH FOUR NEW PROPERTIES IN 2025 Bangkok-based Six Senses Hotels Resorts Spas, renowned for its sustainable luxury and diverse portfolio of properties, has announced the addition of four new properties in London, Saudi Arabia’s Red Sea, Milan and Dubai, to its 2025 collection. More… * Aviation sector contributed $37bn to Dubai’s economy in 2023 * Gen Z 'seeking international adventure travels' * Asia-Pacific 'set to drive global tourism growth' * JW Marriott to celebrate 40th year with signature garden party * More Stories IT & Telecommunications BATELCO TO DELIVER SMART BUILDING SOLUTIONS AT DISTRICT COURTYARD MALL Bahrain's leading telecom company Batelco has signed an agreement with Mayflower Investment to deliver a comprehensive suite of smart building solutions, including CCTV, advanced cabling, IBS and Smart TV at its District Courtyard Mall in Hamala. More… * Edge and Baykar forge strategic partnership * Tech Mahindra announces AI Centre of Excellence * Kaspersky, Scope partner to boost IoT cybersecurity in Mideast * DFF launches Gig Economy and PropTech Sandboxes * More Stories Lifestyle BEAUTYWORLD MIDDLE EAST TO SHOWCASE ‘CLEAN’ AND ‘CONSCIOUS’ BRANDS The 28th edition of Beautyworld Middle East 2024, one of the region’s largest international trade shows for beauty and wellness, will present brands that are changing the way the sector looks at sustainability, when it gets underway in Dubai from October More… * MG to launch 3 models at Jeddah International Motor Show * Spanish group RCR to design 73-storey mixed-use project in Dubai * World of Coffee returns to Dubai brewing with potential * Dubai to herald Diwali celebrations with fireworks * More Stories Motoring SAUDI ARABIA LAUNCHES PILOT PROGRAMME FOR HYDROGEN-POWERED TAXI The Saudi Transport General Authority (TGA) has launched the pilot phase for hydrogen-powered vehicles in the private taxi sector, thus marking a significant milestone for the kingdom. These vehicles have a 350km range and can run for eight hours a day. More… * MG to launch 3 models at Jeddah International Motor Show * 85m EVs will be on the road by end of 2025: Gartner * New Škoda Karoq SUV arrives in the Middle East * Emirates Transport to pilot test hydrogen and electric vehicles * More Stories Health & Environment WHO INVESTMENT ROUND WINS $1BN IN COMMITMENTS The World Health Organization (WHO) has received nearly $700 million in new funding commitments from European countries, foundations and others, and another $300 million in reaffirmed commitments. More… * Aluminium sector helps UAE achieve low-carbon future: Minister * KFSHRC conducts 500 paired kidney transplants * Leading Hospitality Services and EmiratesGBC in tie-up * KFSHRC performs first robotic left-at-right liver transplant * More Stories Media & Promotion POP LEGEND TO PERFORM IN ABU DHABI IN APRIL 2025 Sting, a 17-time Grammy Award winner, will perform in Abu Dhabi, on April 3, 2025, as part of his Sting 3.0 World Tour presented by Live Nation Middle East. The band will deliver electrifying hits and rarities from the pop legend’s timeless discography. More… * Sphere to open its second GenNext leisure venue in Abu Dhabi * Gulf Hotel Bahrain named catering services provider for BIC * Glaston Corporation in strategic collaboration with glasstec * Mace lands DEC Phase 1 project and design management contract * More Stories Education, HR & Training PIF SETS UP NEW FIRM TO MEET SAUDI STAFF HOUSING DEMAND Saudi wealth fund PIF has announced the establishment of SARCC (Smart Accommodation for Residential Complexes Company), a new entity that will meet the growing demand for accommodation solutions for both public and private projects across the kingdom. More… * 26 global icons to converge in Dubai for Gladiator Summit * Foulath Holding wins Best Happiness Initiative for 2nd year * Industrialists Career Exhibition to offer Emiratis over 900 jobs * Industrialists Career Exhibition to offer Emiratis over 900 jobs * More Stories Miscellaneous ONE-THIRD OF NEW UAE BOARD MEMBERS ARE WOMEN: REPORT Board diversity in the UAE is on a promising rise, with a significant increase in first-time board members and a stronger presence of women, who account for one-third of the new members. More… * Dubai to host 24 global, local sports events * Jumeirah Muscat Bay to hold open-water swimming contest * Space Cities Network launches global collaboration * Pop legend to perform in Abu Dhabi in April 2025 * More Stories CALENDAR OF EVENTS PrevNext October 2024 SuMoTuWeThFrSa 12345678910111213141516171819202122232425262728293031 * View all events TOOLS Exchange Rates Weather Forecast BBC World Service RECOMMENDED LINKS Gulf Construction Gulf Industry Oil and Gas News Travel & Tourism News ABC-Bahrain WEATHER MANAMA BAHRAIN ABU DHABI DUBAI RIYAD OMAN KUWAIT QATAR MANAMA WEATHER ABU DHABI WEATHER DUBAI WEATHER RIYADH WEATHER OMAN WEATHER KUWAIT WEATHER QATAR WEATHER TRADE ARABIA ON TWITTER TRADEARABIA ON FACEBOOK SECTORS | INFORMATION | ABOUT US | * Construction & Real Estate * Energy, Oil & Gas * Finance & Capital Market * Industry & Logistics * IT & Telecommunication * Health & Environment * Motoring * Retail & Wholesale * Travel, Tourism & Hospitality * Government & Laws * Media & Promotion * Back to top * Trade News * Newsletter * Events * Business Directory * Advertising * Contact * Feedback * Privacy Statement * Terms of Service * Web Feeds