ROME – The World Food Programme (WFP) announced today it is pausing the movement of its employees in Gaza until further notice after a WFP team came under fire on the evening of 27 August, a few metres from an Israeli check point at the Wadi Gaza bridge. The team was returning from a mission to Kerem Shalom/ Karam Abu Salem with two WFP armoured vehicles after escorting a convoy of trucks carrying humanitarian cargo routed to Gaza's central area. Despite being clearly marked and receiving multiple clearances by Israeli authorities to approach, the vehicle was directly struck by gunfire as it was moving towards an Israeli Defence Forces (IDF) checkpoint. It sustained at least ten bullets: five on the driver's side, two on the passenger side and three on other parts of the vehicle. None of the employees onboard were ......read more
Company’s donations have provided roughly 1 million meals since start of the conflict GAZA / DUBAI – The World Food Programme (WFP) has welcomed a new financial contribution from their longstanding partner Agility, a supply chain services, infrastructure and innovation company, to support WFP’s operations in Palestine. This donation will contribute to WFP’s efforts to provide essential food assistance to those suffering in one of the worst hunger crises the world is facing today. With this latest contribution from Agility, WFP will be able to provide nearly 779,000 hot meals in Gaza ensuring that the most vulnerable populations receive the necessary support amidst ongoing challenges. This will bring the total donations by Agility and its employees to 1 million meals since the start of the current crisis in ......read more
ROME – The latest food security assessment on Gaza confirms the concerns of the World Food Programme (WFP) about the ongoing levels of severe hunger across the Gaza Strip and shows the critical importance of sustained access to all areas of Gaza. The Integrated Food Security Phase Classification (IPC) report on Gaza paints a stark picture of ongoing hunger, finding that 96 percent of the population is facing acute food insecurity at crisis level or higher (IPC Category 3+), with almost half a million people in catastrophic conditions (IPC Category 5). The new report indicates a slight improvement compared to the previous assessment in March, which warned of a potential famine in Gaza's northern governorates by the end of May. The improvement shows the difference that greater access can make. Increased food ......read more
As Regional Initiatives Reinforce Company’s Global Commitment to Sustainability Dubai, UAE – 5 June 2024: Armstrong Fluid Technology MEA marked World Environment Day 2024 with team-building exercises dedicated to cleaning up the local environment. World Environment Day, which is celebrated annually on June 5, is the United Nations day for encouraging worldwide awareness and action to protect our environment. This year, the Kingdom of Saudi Arabia hosted the global celebrations. Armstrong’s MEA team took part in a litter pick-up around the office site, to promote environmental awareness and demonstrate Armstrong’s ongoing commitment to sustainability. For 90 years, Armstrong has pioneered innovative, intelligent fluid-flow technologies that provide the industry’s most energy-efficient design ......read more
Back to Back discovery with potential for over 2 TCF of gas-in-place positions South Andaman as one of the world's most important gas plays Abu Dhabi, United Arab Emirates, 13th May, 2024 – Mubadala Energy, the international energy company headquartered in Abu Dhabi and the operator of the South Andaman Gross Split PSC, today announced another substantial gas discovery from the Tangkulo-1 Exploration well, drilled in South Andaman, about 65 kilometres offshore North Sumatra, Indonesia. The discovery marks the second deep water well operated by the company. Tangkulo-1 was drilled to a depth of 3,400 meters in 1,200 meters water depth, just a few months after the major discovery at the Layaran-1 well, also in South Andaman. The Tangkulo-1 well encountered 80 meters of gas column in a good quality Oligocene sandstone ......read more
CLEAR, Alaska, May 3, 2024 - The Long Range Discrimination Radar (LRDR) at Clear Space Force Station in Clear, Alaska, completed DD250 final acceptance and was officially handed over to the Missile Defense Agency in preparation for an Operational Capability Baseline (OCB) decision and final transition to the Warfighter. In addition, prior to this transition, the system has started Space Domain Awareness data collects for the United States Space Force. “This milestone represents years of dedication to the MDA’s mission to protect our homeland,” said Chandra Marshall, vice president of Radar and Sensor Systems at Lockheed Martin. “LRDR is a cutting edge asset providing the benefits of both low frequency and high frequency radars for an innovative approach to search, track, and discriminate ......read more
MA Yansong's architecture and Hublot's watchmaking share a common vision of transforming their art into an interactive, 3D experience, fusing the natural and the human-made, creating advanced designs with an affinity for Nature. MA Yansong, the visionary Founder and Principal Partner of MAD Architects (2004), redefines architecture with a focus on emotional and spiritual needs, blending humanity and Nature. Born in Beijing in 1975, MA set up his own practice two years after achieving his Masters from Yale. He has spent 20 years gaining international acclaim for his imaginative and human centric designs. His renowned projects – including the Harbin Opera House and Absolute Towers – showcase a unique symbiosis of the natural and human-made. MA, the first Chinese architect to win an overseas landmark project, sees ......read more
21 February 2024: NEW YORK/GENEVA/ROME – In the less than five months that followed the brutal 7 October attacks and the ensuing escalation, tens of thousands of Palestinians – mostly women and children – have been killed and injured in the Gaza Strip. More than three quarters of the population have been forced from their homes, many multiple times, and face severe shortages of food, water, sanitation and healthcare – the basic necessities to survive. The health system continues to be systematically degraded, with catastrophic consequences. As of 19 February, only 12 out of 36 hospitals with inpatient capacity are still functioning, and only partially. There have been more than 370 attacks on health care in Gaza since 7 October. Diseases are rampant. Famine is looming. Water is at a ......read more
The Ministerial Conference is the topmost decision-making body of the World Trade Organization. 164 trade ministers from countries all over the world will meet for MC13 in Abu Dhabi to build consensus on the international rules that govern global trade. Abu Dhabi, UAE – 9 January 2024: The United Arab Emirates launched a new website dedicated to the World Trade Organization’s 13th Ministerial Conference (MC13) in Abu Dhabi from February 26-29, as part of its role as host country and chair. The website provides comprehensive information for delegates, government officials and stakeholders attending MC13, as well as the global trading community and journalists seeking to keep up to date with its deliberations. The website – which can be accessed at: www.WTOMC13ABUDHABI.com – highlights important trade ......read more
Organised by the World Professional Wrestling Hub (WPWH), the free-to-attend championship will be staged at Shabab Al-Ahili Club marking the return of Sangram Singh to the ring following a six-year hiatus. The championship will host five high-stakes wrestling match-ups featuring formidable opponents with international and Olympic medals from around the world. February 06, 2024: The 2024 edition of the International Pro Wrestling Championship is set to witness the most electrifying encounter in the wrestling arena between India's Sangram Singh, a two-time Commonwealth Heavyweight Champion and Pakistan's top wrestling titlist, Muhammad Saeed. The wrestling extravaganza of the year, taking place on February 24, 2024, at Shabab Al-Ahili Club in Dubai, promises a display of power, athleticism, and tactical prowess ......read more
The partnership aims to expand Maleyat Group's client base and introduce the innovative trading platform to the MENA region. Dubai, UAE; January 15, 2024: Maleyat Group (PTY) LTD, a leading online trading company based and regulated in South Africa, announced that it had signed an exclusive agreement with MCG Introduction Services LLC, licensed and regulated by the United Arab Emirates Securities and Commodities Authority (SCA) with license number 20200000150, to introduce clients from the MENA region. Under the agreement, MCG will become the exclusive partner of Maleyat Group in the MENA region, which is responsible for introducing Maleyat's products and services to local and regional clients. This partnership will leverage MCG's deep-rooted expertise and extensive network within the MENA financial landscape to expand ......read more
First day of Dubai Future Forum sees astronauts, energy experts and technologists tackling key questions about the future. Dubai, UAE: 27 November 2023 – His Excellency Mohammad Abdullah Al Gergawi, Managing Director of Dubai Future Foundation and Chairman of the Museum of the Future, emphasised that human creativity is “the key” to designing a bright future that people and societies can aspire to, and the symbol of the inspiring and successful models that governments and countries seek. His Excellency said the Dubai Future Forum 2023, the world’s largest gathering of futurists, taking place from 27-28 November, has become an annual global platform that attracts experts and leaders in future design to anticipate the future and expand the use of its tools to capture its opportunities. The forum is ......read more
Initiative records investment commitments exceeding US$8 billion 16 November, 2022 – The Agriculture Innovation Mission for Climate (AIM for Climate), a global initiative led by the UAE and the US with the support of over 275 government and non-government partners, announced commitments of channeling increased investments in climate-smart agriculture and food systems innovation from 42 countries and over 235 non-governmental partners with a total value exceeding US$8 billion. The announcement was made at a high-level event titled ‘From Sharm El Sheikh to the UAE and Beyond: Transforming Food Systems through Climate-smart Agriculture’, organized by the UAE at its pavilion during the 27th UN Climate Change Conference (COP27), running from November 8 to 16 in Sharm El Sheikh, Egypt. In addition, the global ......read more
The percentage of Emiratization of senior jobs in the cooperative has reached more than 72% Dubai, UAE: The Chairman of the Board of Directors of Union Coop, His Excellency Majid Hamad Rahma Al Shamsi, confirmed that the Cooperative puts the Emiratization file at the forefront of its priorities to achieve the vision of the wise leadership to meet the needs of the people of the country, and reach its goal of building a better and sustainable economy. Pointing out that the cooperative is always keen to implement the directives of the UAE government in all Fields, especially providing support to the national economy and societal and economic development. He added that the Emiratization file in the cooperative has, since its inception, received great attention from its board of directors, and is monitored periodically during its ......read more
Emiratis flock to Ru’ya with an eye on job opportunities, including 500 roles announced by Emirates Group 21 September 2022 – Dubai, UAE: Day two of the 21st edition of Ru’ya, Careers UAE Redefined at Dubai World Trade Centre (DWTC), continued to welcome young Emirati job seekers looking to connect with leading local and international organisations for career advice and job opportunities. After a successful first day at Sheikh Saeed Halls 1, 2 and 3 – including the announcement that Emirates Group has 500 vacancies to be filled by Emiratis – day two of the event saw thousands more Emirati youths benefit from the varied networking opportunities and advice platforms at the UAE’s leading recruitment, skills development and networking forum. With more inspirational talks from talented ......read more
* Day one of the show sees a series of inspirational talks, top career advice and job opportunities from over 100 leading organisations, including Citi Bank, Al Futtaim Group and the Ministry of Foreign Affairs & International Cooperation 20 September 2022 – Dubai, UAE: H.E. Sultan bin Saeed Al Mansouri, Chairman of the Emirati Human Resources Development Council in Dubai and H.E. Abdullah Ali bin Zayed Al-Falasi, Director General of Dubai Government Human Resources Department, today opened the much-anticipated 21st edition of Ru’ya, Careers UAE Redefined at Dubai World Trade Centre (DWTC). Reinforcing the diverse and rapidly increasing employment opportunities for Emiratis, the leading recruitment, skills development and networking forum for Emirati youths runs until 22nd September, 2022. Held at Sheikh Saeed ......read more
Dubai, UAE, 20 September 2022: Dubai Municipality is participating in the ‘Ru’ya Careers UAE Redefined’ fair, which is being held from September 20 to 22, 2022, at the Dubai World Trade Centre. The event is one of the platforms which offers job prospects, opportunities to engage with leading employers, career-focused discussions, interactive workshops, study options and higher education opportunities, training opportunities, as well as all services necessary to progress in a career. In line with the directives of the wise leadership, the event intends to empower the Emirati youth and encourage them to undertake advanced efforts to achieve more success in their careers, as well as provide them with all the assistance in their professional and personal advancement. By participating in the event, Dubai ......read more
Belhoul: The percentage of violations committed decreased by 44% compared to the same period last year Date: 13 September 2022: The Department of Planning and Development - Trakhees, the regulatory arm of the Ports, Customs and Free Zone Corporation in Dubai, carried out 5,295 inspection tours within the retail facilities of its special development zones during the first half of 2022 to ensure compliance with the rules and guidelines issued by the jurisdiction, which resulted in recording of 95 violations. Eng. Abdulla Belhoul, CEO of the Department of Planning and Development - Trakhees, said that the Department carried out a number of inspection campaigns during the first half of this year, under the supervision of the Commercial and Retail Inspection Section in the Licensing Department of Trakhees, distributed ......read more
05 September 2022 – Dubai, UAE: Ru’ya Careers UAE Redefined, the leading recruitment, skills development and networking forum empowering Emirati youth, will return to Dubai World Trade Centre from 20th-22nd September 2022, supporting young Emiratis in achieving their deepest ambitions. Hosted under the theme ‘Be’, the 2022 edition of Ru’ya will encourage Emiratis to ‘be bold, be responsible and be whatever and whoever they want to be’, inspiring young Emiratis on how to take their next professional steps, providing them with tools to take their career forward. More than just a recruitment fair, Ru’ya gives young Emiratis a roadmap to help them achieve their dreams. Ru’ya will welcome more than 18,000 visitors, and more than 100 exhibitors. Employing Emiratis in an ......read more
Sharjah, 23 August 2022: While commonly known as the UAE's cultural capital, Sharjah is the only emirate with a coastline on the Arabian Gulf and the Gulf of Oman, offering a wide array of fantastic activities to cool down during the summer months. Between jet-skiing, sailing, surfing, snorkeling, scuba diving, and many more, visitors and residents of the emirate will find no shortage of pristine beaches or aqua thrills to form unforgettable memories. Row away! Building stamina in beautiful surroundings and picturesque scenery are key takeaways from rowing or pedaling on Al Khan and Khorfakkan beaches. For the ultimate experience, you can kayak or rent a pedal boat to explore the mangrove forest in Kalba Conservation Reserve and Al Rafisah Dam, which offers visitors unparalleled natural views, in addition to the ......read more
Atlanta, GA: Seeking the perfect investment opportunity? Look no further! The Next Level Trucking Program continues to exceed investor expectations in trucking with over 4 years of proven success - even through a pandemic. In fact, Next Level saw its highest year in 2021, with some of its top trucks bringing in over $320k annually. As it stands, based on top data and analytic providers, there are an average of 8-15 available loads per active truck in the United States at all times, and the demand is only rising. A spokesperson for the company states: “Trucks are the backbone of the American economy, garnering over $700 billion each year and the demand for trucking has no ceiling.” By investing in the program, interested parties can own their trucks while reaping the benefits of freight-hauling under a trucking company ......read more
The Mindvalley stage, exclusively at SEF 2021, will host 10 power-packed sessions, designed to help anyone unearth the holistic, future-proof entrepreneur within. Sharjah, November 19, 2021: A transformational experience awaits attendees at the 5th edition of the Sharjah Entrepreneurship Festival (SEF), which kickstart on Monday November 22 until November 23 at Expo Centre Sharjah. Look forward to 10 inspiring sessions led by some of the most sought-after names in productivity, personal growth and physical performance, courtesy of Mindvalley. Mindvalley, the world’s largest personal growth platform with over 60 million subscribers, will be hosting interactive, workshop-style sessions on their exclusive stage at SEF 2021, dedicated to distilling and spreading a radical new approach to entrepreneurship. By ......read more
The premier MENA survey of project professionals takes a deep dive into how successful organisations can nimbly shift during exponential disruption. Dubai, United Arab Emirates, 01, July 2021 - Project Management Institute (PMI), the world's leading association for project professionals and changemakers, released its annual Pulse of the Profession® report. Although organisations went through significant disruption in the past year, and many projects were put on hold, the report found that organisations in the MENA region were able to rise to the challenge. In fact, of those projects that did forge ahead, 72% met original goals and business intent. 61% were completed within budget, and 51% on time. Respondents were asked to characterise their organisation’s approach to ways of working, and nearly a third (32%) ......read more
• Carbon capture of 250 billion kilograms targeted over next decade of one billion trees planting • Teams with world’s first blockchain enabled digital tree planting platform in decarbonisation drive • Initiative encourages personal and corporate participation Dubai, UAE – Sunday 24th January, 2021: The UAE’s The Storey Group (TSG) has launched an ambitious initiative to encourage the Emirates’ residents and corporates to come together to help plant one billion trees globally by 2026 in a transformational project designed to help offset the country’s carbon emissions. After almost two years of intense research and development, TSG has teamed up with EcoMatcher, a certified social enterprise and the world's first blockchain-enabled digital tree-planting platform, to ......read more
Abu Dhabi - November 17, 2020: The Environment Agency – Abu Dhabi (EAD) is partnering with the global utility company ENGIE who is sponsoring the launch of the first phase of the “Blue Carbon” Environmental and Social Responsibility project that uses drone technology to help in rehabilitating areas of Abu Dhabi’s mangrove habitats, demonstrating the benefits of government and the private sector working together to preserve our environment. This pioneering initiative will use specialized, custom UAE-built drones and rigging to plant thousands of mangrove seeds near ENGIE’s Mirfa plant in Abu Dhabi, as well as monitor their growth over the year. Mangroves are abundant along the coastline of the emirate of Abu Dhabi and are vital in the storage of blue carbon - the term for carbon captured by ......read more
The Environment Agency - Abu Dhabi discovers a new Peganum harmala plant species in the Emirate of Abu Dhabi Abu Dhabi, 24 September 2020: His Highness Sheikh Hamdan bin Zayed Al Nahyan, the Ruler's Representative in Al Dhafra Region and Chairman of the Environment Agency – Abu Dhabi (EAD), has directed the propagation of the Harmal (Peganum harmala) plant. This comes after the Agency announced the discovery of the plant species for the first time in the Emirate of Abu Dhabi and the United Arab Emirates. As such, the Peganum harmala plant has now been included in the important local plant conservation and propagation programmes run by EAD’s plant nursery in the Al Dhafra region’s Baynunah area. Belonging to the hierarchical Peganum family, the newly discovered species is completely different ......read more
Key takeaways • It will take 3 years for global oil demand to recover from Covid to its new normal assuming we have a vaccine or a cure • Long term oil demand will peak at 105 mn b/d by 2030 on electric car proliferation, and then decline to 95 mn b/d by 2050 • If heavy vehicles also switch to alternative fuel, electric or more likely hydrogen, demand could drop to 76 mn b/d by 2050 Oil demand suffered a major setback from COVID-19… Oil demand took the largest hit ever recorded in 1H20, as road and air travel collapsed during the global lockdown. Demand contracted 16 mn b/d YoY in 2Q20 on IEA estimates, 5 fold the previously largest ever quarterly demand drop ......read more
BrandZ Top 100 Most Valuable Global Ranking reveals strong brands across categories prove resilient to extreme stress Just launched, the report examines pandemic impact and implications for future growth • Investment in marketing and brand-building critical for business recovery post-COVID-19 • Innovation and creativity key drivers of growth as BrandZ Top 100’s total worth hits $5 trillion and delivers US$277bn in additional brand value growth • Amazon maintains no. 1 spot and accounts for a third of the Top 100 total growth • TikTok enters the ranking for the first time at no. 79 30th June 2020; Dubai, UAE: The world’s most valuable brands have seen their total brand value increase by 5.9% despite the economic, social and personal impacts of COVID-19, according ......read more
Dubai, United Arab Emirates - June 20, 2020 - Trina Solar Co., Ltd., a leading global PV and smart energy total solution provider, announced the global launch of TrinaPro Mega, an ultra-high power smart PV solution featuring modules with power output exceeding 500W. With further improvements in product selection and integrated design, the solution enhances the overall system performance and reduces the levelized cost of energy (LCOE). Following the debut of the Vertex ultra-high-power new 500W-plus module in February, TrinaPro Mega marks yet another benchmark for the era of the 500W power output, as it delivers an optimized solution for the application of Vertex modules in downstream systems. In 2018, Trina Solar unveiled the smart PV solution "TrinaPro" for large-scale power stations. Based on system design and ......read more
Dubai, United Arab Emirates, May 11, 2020: Ramadan is known as a time of moderation, however, every year there is an increasing concern surrounding global food wastage and other environmental issues, such as the over-use of plastic, carbon footprint growth and a significant rise in household waste. With the UAE being one of the top nations for per capita waste generation in the world, environmental protection is considered one of the main objectives of the UAE’s developmental policies. According to Dubai Carbon, on average a person generates around 2.7kg of waste per day and during the month of Ramadan, the waste people generate almost doubles to 5.4kg. With waste being such a fundamental global issue, the UAE has made great strides to overcome this worldwide problem, such as increasing green areas, ......read more
A 150-square internal farm can produce 1 ton of organic fruits and vegetables monthly, an ideal way to produce sustainable food in the time of coronavirus To ensure food self-reliance, SRTI Park calls for more integrated projects for sustainable agriculture Sharjah, United Arab Emirates, April 04, 2020: As some parts of the world are grappling with food security brought about by the novel coronavirus (COVID-19) pandemic, the Sharjah Research Technology and Innovation Park (SRTI Park) has been developing innovative and sustainable methods of agricultural production. Even before the COVID-19 outbreak, a team of botanists, agriculturists and engineers from Merlin International, one of SRTI Park’s innovative partners, has been conducting research over the past two years to develop a ......read more
• The first VFS Global plastic bottle-free Visa Application Centre in the world • Plastic bottles and cups replaced with ecofriendly bio-degradable paper cups • Initiative expected to reduce plastic usage by over 50,000 bottles annually in Dubai In a key environmental initiative, VFS Global, the world's largest visa outsourcing and technology services specialist for governments and diplomatic missions worldwide, proudly breaks free from plastic bottle usage starting from its Visa Application Centre in Dubai. The initiative aims to decrease plastic pollution rates that threaten natural resources and congest the environment worldwide and help reduce carbon footprint overall for workers and visitors alike. Located at Wafi Mall, Falcon, Phase 2, Umm Hurair 2, the Dubai centre becomes the ......read more
By HE Mariam bint Mohammed Saeed Hareb Al Mehairi, The Minister of State for Food Security, UAE Sustainable agriculture is at the heart of the comprehensive food security strategies of many nations today as they seek to eliminate hunger within their respective territories, while at the same time ensuring they protect the environment. This practice focuses on providing a sufficient supply of nutritious food to the citizens without adding further pressures on natural resources in the face of exponentially booming populations. Observing the best agricultural practices that promote healthy food production with due regard to the environment is timely and critical to the global sustainable development movement. Here we see efforts to promote rationalised use of natural resources to ensure that everybody, including future ......read more
Offering "last one-mile" transport, relief to staff and visitors during the Olympic Games Tokyo 2020 Dubai, UAE, August 28, 2019: Toyota Motor Corporation (Toyota), worldwide partner of the Olympic and Paralympic Games, announced recently that to support the Olympic and Paralympic Games Tokyo 2020, it is developing a special new product, the APM (Accessible People Mover), a mobility vehicle designed expressly for use at the Games. Through the Games, Toyota aims to provide all people with the freedom to move, or what it calls, "Mobility for All." The APM takes this challenge to the maximum degree, offering a "last one-mile" solution that helps transport as many people as possible to events and venues, including athletes and staff related to the Games, as well as all types of visitors ......read more
The Exchange reaches finals for “Smart Government Administration” category with its SAHMI CRM Digital Transformation Program Abu Dhabi, 30th July, 2019: Abu Dhabi Securities Exchange (ADX) recently achieved the finals of the 'Smart City Middle East Awards', hosted by International Data Corporation (IDC) at Dubai’s iconic Burj Al Arab hotel. The Exchange reached this stage for the “Smart Government Administration” category with its SAHMI CRM Digital Transformation Program (SAHMI). H.E. Khalifa Al Mansouri, ADX Acting Chief Executive, said: “Digital technologies represent a profound transformation of our business and operational structure. SAHMI is an instrumental program designed to fully leverage the changes and opportunities brought about by digital technology and which ......read more
Delegation from world-class financial services discussed opportunities with ADX Abu Dhabi, 8th July 2019: Abu Dhabi Securities Exchange (ADX) recently met with Morgan Stanley’s Chairman & CEO MENA to discuss how to develop business relations between both entities. ADX carried out a tour to the Morgan Stanley delegation including which included Mr. Sammy Kayello, Chairman & CEO MENA, Mr. Gokhan Unal, Managing Director, Investment Management, and Mr. Waleed Al Rezooqi, Vice President, Investment Management. This was followed by a high-level discussion exploring opportunities between both entities. H.E. Khalifa Salem Al Mansouri, Acting Chief Executive of ADX said, “This was a valuable introduction for ADX. Developing business relations with such a highly-experienced American multinational investment ......read more
By Ole Hansen, Head of Commodity Strategy at Saxo Bank May 12, 2019 - Dubai, UAE It took one Sunday tweet from President Trump to shatter the relative calm across global financial markets. Instead of going into a week widely expected to yield a long-awaited trade deal between the US and China, the president instead tweeted that he was preparing to lift tariffs from 10% to 25% on $200 billion worth of Chinese imports. The decision was taken in response to an apparent backtracking by China on almost all aspects of the trade deal. Predictably, it spooked the market and risk sentiment was hit across the board, with safe-haven US bonds and the Japanese yen being two of the few markets receiving a boost. A record short position held in the Cboe VIX future, which tracks equity volatility as represented in the S&P 500 ......read more
Dubai, UAE, 11 May 2019: Customs World, a subsidiary of the Ports, Customs and Free Zone Corporation (PCFC) showcased their revolutionary in-house developed customs (RIISE) project in Uzbekistan. As part of an official UAE delegation to Uzbekistan that aims to enhance investment and development between the two countries, Nadya Abdullah Al Kamali, CEO of Customs World delivered a presentation about RIISE to a number of Uzbekistani officials. RIISE, the new platform, will be rolled out globally to empower different countries with a cost-effective and sustainable customs system that allows them to effectively and transparently manage core customs activities and conduct trade in the global market. The disruptive system has been developed as a flexible, plug-and-play solution that can be deployed and customized based on the ......read more
Abu Dhabi, United Arab Emirates, 1st April 2019: Under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs and Chairman of the Abu Dhabi Agriculture and Food Safety Authority, Her Excellency Mariam bint Mohammed Saeed Hareb Almheiri, Minister of State responsible for future food security, opened the 6th edition of the Global Forum for Innovations in Agriculture in Abu Dhabi, in the presence of His Excellency Dr. Thani Bin Ahmed Al Zaidi, Minister of Climate Change and Environment . The Global Forum for Innovations in Agriculture held on the 1st and 2nd of April, at the Abu Dhabi National Exhibition Center (ADNEC), in conjunction with the region’s largest honey production conference and exhibition ApiArab Expo. Over 310 exhibitors are ......read more
Dubai, UAE, March 25, 2019: On Thursday, March 14th, 2019, 40 tons of live honeybees landed at Ras Al Khaimah International Airport on an Egypt Air Cargo flight from Cairo for the first time in 2019. Many customers were waiting to welcome the bees and take them to various farms across the UAE. Al Najeh Honey entrusted Ras Al Khaimah International Airport (RAK) with this task and the entry of the honeybees to UAE was executed flawlessly by RAK airport offering best handling services thereby ensuring that the honey bee shipment is delivered and handed over to the consignee in the shortest possible time. Mr Sanjay Khanna, CEO, RAK Airport said that “the entire team at RAK Airport put in immense efforts to join all the dots together. Lot of planning has gone behind this to achieve the final goal of handling and delivering ......read more
Dubai, UAE - 5 March 2019: His Excellency Engineer Saif Al Shara, Assistant Undersecretary for the Sustainable Communities Sector at the Ministry of Climate Change and Environment (MOCCAE), has officially inaugurated AgraME today (5 March), one of the region’s key agribusiness, aquaculture and animal health trade events taking place until 7 March at the Dubai World Trade Centre. His Excellency Eng Al Shara delivered a keynote address, setting the tone for the event that has put both food security and the United Nations Sustainability Development Goals at the forefront of the free-to-attend CPD accredited conference stream, which spans across the full three days of the landmark event. The conference agenda for day one focusses on a series of presentations under the theme ‘Investment opportunities in the Arab ......read more
HE Mr Simon Penney, Her Majesty’s Trade Commissioner for the Middle East visits Al Maya March 04, 2019 - Dubai, UAE HE Mr Simon Penney, Her Majesty’s Trade Commissioner for the Middle East, Afghanistan & Pakistan has welcomed by Mr Kamal Vachani, Group director at Al Maya. They discussed the ways to enhance business relationship with UK companies and to increase imports from UK. Al Maya Group imports a large number of FMCG goods from UK and are constantly expanding their range of UK products in their supermarkets. The UK products have well accepted in UAE and Middle East and Al Maya has been a pioneer in stocking, displaying and distributing British products. ...read more
UAE, March 4, 2019: eToro, a global multi asset investment platform, utilizing data from its platform has found that those who trade in crypto assets are also becoming investors in other assets, including stocks, commodities and forex. Globally, the data shows that from the new investors who started to use eToro in 2017 and 2018 to trade crypto, 11% of them then went on to diversify their investments into traditional stocks, commodities and forex. Interestingly Arab crypto investors who used eToro also went on to trade in other assets. According to the findings, 9% of crypto traders from the GCC and Arab region went on to invest in other assets. 30% of the Arab and GCC crypto traders went on to trade commodities. In other words 2.7% of the total of 9% of GCC and Arab Crypto traders invested in trade commodities. A ......read more
04 March, Dubai, UAE: Agriculture industry professionals from around the world are in Dubai for this week’s AgraME, one of the industry’s leading regional trade events, to debate, promote and reshape the future of the regional agriculture, aquaculture and animal health sectors which are all experiencing game-changing growth. A wide range of regional and international companies, speakers, buyers and industry pioneers will be descending on the event to make the most out of the conferences and workshops, at the three-day exhibition which runs from March 5 until 7 at Dubai World Trade Centre (DWTC). AgraME will offer visitors free access to four different conference streams – the Agriculture Investment Forum; Controlled Environment Agriculture; Aquaculture and Animal Health. The conference streams for 2019 have ......read more
Dubai, UAE – February 25, 2019: Dubai Trade, the premier trade facilitation entity that offers integrated electronic services from various trade and logistics service providers in Dubai, honoured Kanoo Shipping, a division of The Kanoo Group, with ‘Electronics Services Award to Shipping Agent for General Cargo Service’ at the 11th E-Services Excellence Award. The 11th cycle of E-Services Excellence Award (ESEA) ceremony was held at the Intercontinental Festival City Hotel, Dubai, on 18th February 2019, under the patronage of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai. Abdulla Bin Damithan, Chief Commercial Officer, DP World, UAE Region, delivered his keynote speech and Hussain Alblooshi, Acting Chief Operating Officer, Dubai Trade, gave his welcome remarks in ......read more
Representative from the UN Food and Agriculture Organisation to speak at the AgraME Conference in Dubai. 14 February, Dubai, UAE: Under the Patronage of the UAE Ministry of Climate Change and Environment, AgraME, the regions longest running exhibition for Agriculture have collaborated with the UN to enable food security in the region through adoption of the United Nations Sustainable Development Goals (SDGs) in their upcoming Conference. Taking place on 5 – 7 March at the Dubai World Trade Centre, the event will be hosting a high level, free-to-attend conference which focuses on the SDG’s and covers key advancements and trends within the MEA Industry in Agriculture Investment, Animal Health, Aquaculture and Controlled Environment Agriculture. The UN SDG’s have been created as a framework for the ......read more
28 January 2019, Abu Dhabi – UAE: SENAAT, one of the largest industrial investment holding companies in the UAE, is all set to showcase a wide range of job opportunities at Tawdheef, the region’s leading recruitment event, taking place at Abu Dhabi National Exhibition Centre. As an Industrial Partner for seventh consecutive year, the Abu Dhabi-based industrial conglomerate will offer over 172 potential job openings and career-development opportunities, which represent a wide range of disciplines at the group level and at its portfolio companies, including Emirates Steel, Al Foah, Arkan, National Petroleum Construction Company, Al Gharbia Pipe Company and Ducab. H.E. Eng. Jamal Salem Al Dhaheri, CEO of SENAAT, said: “A well-nurtured human capital is one of our greatest ......read more
Thursday 17th January 2019: The Board of Directors of the Central Bank of the UAE, held its first meeting for 2019 following its restructuring, on 14th January 2019, at the Central Bank Head Office – Abu Dhabi, under the chairmanship of H.E. Hareb Masood Al Darmaki, the Chairman of the Board. The meeting was attended by H.E. Abdulrahman Saleh Al Saleh, Deputy Chairman of the Board and H.E. Mubarak Rashed Al Mansoori, the Governor, and Board members; Their Excellencies Younis Haji Al Khoori, Khaled Mohammed Salem Balama, Khalid Ahmad Al Tayer and Ali Mohammed Al Madawi Al Remeithi, as well as by Their Excellencies Mohamad Ali Bin Zayed Al Falasi, Deputy Governor, Saif Hadef Al Shamsi, Assistant Governor and a group of senior Central Bank staff. H.E Chairman of the Board opened the meeting by ......read more
UAE, Dubai, 7 January 2019 – Up to 1 in 5 candidates across the EMEA Life Science’s industry have been found misrepresenting information on their job applications, according to recent findings by HireRight, a leading provider of global candidate pre-employment screening services. The findings have been released as part of HireRight’s 2018 EMEA Employment Screening Benchmark Report, which surveyed over 6,000 HR professionals across the EMEA, APAC and US regions. Life Sciences, a field ranging from pharmaceuticals and biotechnology to food processing and environmental organisations, has witnessed huge growth in recent years, with the global pharmaceutical industry alone forecast to reach US 1.06 trillion by 2022, according to Deloitte’s 2018 Global Life Sciences Outlook. In line with this ......read more
2Q19 GAAP EPS from continuing operations of $(1.48); Adjusted EPS of $0.97, up 9 percent versus prior year 2Q19 GAAP Income (loss) from continuing operations of $(1.1B); Operating EBITDA of $1.4B Operating EBITDA margins improve 170 basis points on disciplined cost control and higher local price Raises full year pro forma adjusted EPS guidance to $3.75 to $3.85; lowers ......read more
February 17, 2019 CASIO is bringing to the Middle East the new addition to its PRO TREK Smart series of wrist devices for outdoor enthusiasts. Aptly called the WSD-F30, the new model will be available soon in the regional market with more state-of-the-art features compared to its two predecessors, the rugged WSD-F10 and WSD-F20, which were released in 2016 and 2017, respectively. ......read more
Dubai, UAE, December 27, 2018: The Ministry of Human Resources and Emiratisation has introduced job descriptions as part of a new occupational classification scheme. The scheme is used for new work permit applications in the mainland. It is now more challenging for employers to select a suitable job title that matches the foreign national’s responsibilities and educational ......read more
Dubai, UAE, December 18, 2018: National Detergent Company SAOG (NDC), a leading FMCG company in the Sultanate of Oman, appointed industry veteran William Hunt as its new CEO. Prior to joining NDC, William Hunt was the CEO of Soaps and Chemicals Industrial and Trading in Sharjah (UAE) prior to joining NDC. Hunt comes with exposure in a number of industries including plastics, ......read more
Imagine the film of a camera. Pretend that the film represents your brain. Now imagine using the camera to take a picture of a car. When a picture is taken, the film is exposed to new information -- that of the image of a car. In order for the image to be retained, the film must react to the light and adapt to record the image of the car. Similarly, for new knowledge to be retained in memory, ......read more
Middle East’s leading free zone focused on helping build Dubai’s food and agriculture industries Dubai, United Arab Emirates, 05 Nov 2018: Jebel Ali Free Zone (Jafza), the GCC’s leading free zone showcased its range of services at this year’s Agriscape 2018, the Middle East’s leading trade show for the agribusiness sector. Jafza has become the ......read more
Dubai, United Arab Emirates, October 3, 2018 – Mimecast Limited (NASDAQ: MIME), a leading email and data security company, today announced the general availability its new web security service. The cloud-based service is designed to guard against malicious activity initiated by user action or malware while blocking access to websites deemed unsafe or inappropriate based on each ......read more
Effective 11 September 2018, employment across four sub-sectors within the retail sector in Saudi Arabia will be restricted to Saudi nationals only. Foreign nationals will be prohibited from working in forty-three different professions. September 09, 2018: Thirteen professions across three additional sub-sectors will be subject to restrictions effective from 9 November 2018, ......read more
August 29th, 2018 – Emerson has recently opened its Middle East and Africa Flow Service Center at its Dubai campus. The facility will operate as a service center for customers in the Middle East and Africa. “The establishment of the Flow Service Center on Emerson’s Dubai campus reflects our ongoing commitment to the Middle East and Africa region, providing accessible local ......read more
Dubai, UAE, August 14, 2018: HireRight, a leading provider of global candidate due diligence services, has announced findings from its 2018 EMEA Employment Screening Benchmark Report. Finding, retaining and developing talent has been earmarked as a key challenge this year for more than half (52%) of EMEA businesses, according to the latest annual EMEA employment screening benchmark report ......read more
Abu Dhabi, August 04, 2018: Abu Dhabi Smart Solutions and Services Authority (ADSSSA) announced plans to launch five new customer journeys by end of 2018, following the launch of its pioneering initiative TAMM, the Abu Dhabi government services solutions through an integrated journey focused approach and deliver integrated and personalized customer experiences. The plans were discussed during ......read more
Abu Dhabi, July 23, 2018: Ducati UAE, part of Al Masaood Group, a highly diversified group of businesses, participated in the World Ducati Week on its 10th edition held recently in Misano, Italy where thousands of Ducati bike rider champions and enthusiasts from around the world gathered for a three-day celebration featuring a wide range of exciting activities such as racing, riding courses, and ......read more
Abu Dhabi, 21 July 2018: The UAE-China Economic Forum held in Abu Dhabi in the presence of H.E. Eng. Sultan bin Saeed Al Mansoori, UAE Minister of Economy, H.E. Zhong Shan, Minister of Commerce of PRC, H.E. Omar Al Olama, Minister of State for AI, and a number of senior officials and businessmen from both countries. The forum was held on the sidelines of the visit of H.E Xi Jinping, President of ......read more
UAE, 21 July, 2018 - The Arab Brazilian Chamber of Commerce (ABCC) has revealed that USD 518 million worth of fertilizers were exported by the Arab region to Brazil from first six months of this year. According to the ABCC, the high number of fertilizers exported from the Arab region into Brazil demonstrates the strong ties maintained by countries like the UAE, KSA, Kuwait, Bahrain and Egypt ......read more
UAE, July 9, 2018 – The RIPE Network Coordination Centre (NCC), the Ministry of telecommunications in Lebanon and OGERO, the public operator, successfully held “Lebanon IPv6 Week” in Beirut, inaugurating the deployment of Internet Protocol version 6 (IPv6) in Lebanon and supporting Internet stakeholders with the necessary technical expertise for this deployment. The IPv6 ......read more
Superbrands, the independent authority and arbiter of branding, announced it will host its annual tribute event to honour and recognize 58 of UAE’s strongest brands on June 27, 2018. At the event, Superbrands will also announce the highly awaited ‘Brand of the Year’ award and unveil the 14th edition of the much sought-after Superbrands book, which includes a two-page profile of ......read more
Dubai, UAE – May 28, 2018 – Mimecast Limited (NASDAQ: MIME), a leading email and data security company, has appointed Jeff Ogden as general manager for the Middle East. In his new role, Jeff will oversee the company’s UAE operations and growth in the region, and will be responsible for educating organisations about evolving cyberattacks and how to build a cyber resilience ......read more
May 24, 2018 – NetApp (NASDAQ: NTAP) today reported financial results for the fourth quarter and fiscal year 2018, ended April 27, 2018. “The fourth quarter marked a great finish to a strong year. We successfully pivoted to the growth areas of the market, expanded our opportunity with HCI and new cloud partnerships, and improved operational discipline to deliver sustained and ......read more
UAE, May 23, 2018: Al Masaood Group, the official distributor of Ducati motorcycles in the UAE, has announced its latest Ducati Ramadan campaign, offering a month-long series of activities exclusively for owners and fans of the iconic Italian sport bike brand. Ducati is distributed throughout the UAE by Revolution Accessories LLC. Al Masaood Group has lined up a series for Ducati fans and ......read more
Abu Dhabi, May 17, 2018/ADNEC/ Abu Dhabi National Exhibitions Company (ADNEC) has revealed the opening of its traditional tent, the ‘Capital Majlis’ to welcome guests for Iftar and Suhoor throughout the Holy Month of Ramadan. Now on its third year, the Ramadan Tent, which can accommodate a total of 700 people, takes up an innovative design that best reflects the significance of the ......read more
May 16, 2018: The Middle East Facility Management Association (MEFMA), a non-profit association that provides a dedicated platform for facilities management (FM) professionals, wider construction industry stakeholders, and owner associations, has revealed that one of its founding members, Enova, has won a Silver Award at the recently concluded Global FM Awards 2018. The company was recognized for ......read more
Q1 2018 Highlights Revenue stood at AED 693 Million Gross Profit reported at AED 101 Million Operating Profit reported at AED 45 Million Achieved Net Profit of AED 7 Million Total Projects Backlog stood at AED 5.4 Billion UAE – 15 May 2018 – Drake & Scull International PJSC (“DSI” or ......read more
Abu Dhabi: Thursday, 10 May 2018: Abu Dhabi National Takaful Co. PSC (ADNTC), the leading takaful operator in the region and one of the most progressive insurers in the UAE, has released its financial results for the first quarter of 2018 ending on 31 March 2018, announcing a combined net profit of AED 26.9 million (for policyholders & shareholders before Qard Hasan provision) achieving a ......read more
GAAP EPS from Continuing Operations of $0.47; Adj. EPS Increases 7% to $1.12 GAAP Net Income from Continuing Operations of $1.1B; Op. EBITDA Up 6% to $4.9B Net Sales Rise 5% to $21.5B, driven by Segments Within the Materials Science and Specialty Products Divisions Cost Synergy Savings of >$300MM; Run-Rate Ahead of Plan and Now on Pace to Achieve 75% Run-Rate of $3.3B Commitment by ......read more
April 26, 2018- Redington Gulf, the leading distributor of technology, telecom and lifestyle products, launched the latest edition of Microsoft Surface - the Surface Laptop – for its channel partners during an exclusive event held in Dubai today (Thursday, 26th April, 2018). Along with a demonstration of the Laptop, which is now available for distribution in the UAE, Redington Gulf also ......read more
April 28, 2018 United Arab Emirates: The UAE, ably deputized by the Ministry of Climate Change and Environment (MOCCAE), participated in the first Jordan International Agricultural Forum and the 35th session of the General Assembly of the Arab Organization for Agricultural Development (AOAD) in the Dead Sea region, Jordan on April 25 and 26. The UAE’s deputation was presided ......read more
April 23, 2018: A report from the Middle East Facilities Management Association (MEFMA) confidently forecasts that revenues for the GCC region’s FM industry will continue to grow at 10 per cent annually for the next two years. The bullish outlook complements the region's thriving FM segment with local firms placing key focus towards further growing their core business lines. The ......read more
Multiple Full & Part Time Jobs with Flexible Working Hours Available, Helping Mothers to Return to the Workplace Dubai, UAE, April 16, 2018: Mumzworld, the region’s leading e-commerce platform for all things mother, baby and child, has taken yet another innovative step in helping to empower mothers with the re-introduction of their pioneering and highly successful ......read more
April 16, 2018 - The widespread adoption of digitization initiatives across the Middle East has also resulted in the growing vulnerability to cyber-attacks. The Telecommunications Regulatory Authority (TRA) alone foiled a total of 86 cyber-attacks against government, semi-government and private sector entities in the UAE during the first two months of 2018. If adequate measures are not taken to ......read more
DUBAI – April 16, 2018: Dubai-based Al Kasir Group launched three Crypto assets backed by certified diamonds. Al Kasir Jewellery Trading and Al Kasir portal, a joint venture under the private office of His Highness Sheikh Ahmed Bin Obaid Al Maktoum, announced the launch of the innovative diamond trading model using the blockchain technology for the first time in the ......read more
Abu Dhabi National Exhibitions Company (ADNEC) hosted an international delegation from North America with the aim of familiarizing them with Abu Dhabi National Exhibition Centre as a preferred destination for meetings, incentives, conferences and exhibitions (MICE) and creating more awareness about its world-class facilities, cutting edge infrastructure and strategic location. During the ......read more
UAE, March 31, 2018 - H.E. Lieutenant General Dhahi Khalfan Tamim, Deputy Chief of Police and Public Security in Dubai and Chairman of Hamdan Bin Mohammed Smart University’s (HBMSU) Board of Governors (BOG), headed the 2nd meeting of the university’s BOG for 2017/2018. The meeting held recently in Dubai discussed the three agreements entered into by the university with three ......read more
Dubai, UAE, March 31, 2018: Skyline University College hosted the National Seminar on Case Studies and Research on March 26, 2018 at SUC campus. The Chief Guest of the event was Dr. Faisal Ali Mousa, Chairman of FAM Holding. Dr. Mousa delivered a motivational speech where he shared his experiences of a journey starting from 3000 dirhams to 3 billion dirhams. He talked about the challenging ......read more
Dubai, UAE – March 29 2018 – The Board of Directors of Drake & Scull International PJSC (“DSI” or the “Company”), a regional leader in engineering and construction services, announced the appointment of Dr. Fadi Feghali as the Group Chief Executive Officer, with effect from 1st of April 2018. Dr. Fadi currently manages DSI’s international business ......read more
Dubai, UAE – March 28, 2018 – Drake & Scull International PJSC (“DSI” or the “Company”), a regional leader in engineering and construction services, announced today that it is targeting to issue a sukuk convertible into equity in Q2 2018. On 27 March 2018, the DSI Board of Directors approved plans for the issuance of convertible sukuk with an indicative ......read more