Friday 11 October 2024

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PROVISION OF TECHNICAL SUPPORT
French engineering group Systra wins Hafeet Rail consultancy deal

Hafeet Rail, the developer of Omani-Emirati railway network, has signed up Systra, a leading French engineering and consultancy firm specialising in public transport and infrastructure, to provide engineering consultancy services for the joint network.

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DEAL INKED WITH MODON
NMDC lands $1.4bn Abu Dhabi marine construction contract

NMDC Group, a leading player in the regional EPC sector, said it has secured an AED5.1 billion ($1.36 billion) contract from UAE-based Modon Company to provide marine dredging, reclamation and ground improvement works for its project in Abu Dhabi.

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2

700,000T PRODUCTION IN 2ND YEAR
British-Saudi JV unveils big 'green' concrete production plan

Nizak Mining, a fully-owned unit of Saudi-based group City Cement, has joined hands with British industrial major Next Generation SCM to set up a new venture that will produce a first-of-its-kind low carbon concrete solution at its plant in Riyadh.

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3

ANALYSIS
From Boomers to Zoomers: how retailers can boost sales and loyalty

Different generations want to communicate with businesses and brands ahead of Black Friday. However, creating an appropriate omnichannel strategy for this can be challenging. Get it wrong and brands may lose sales or even loyal customers, says an expert.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate

Taraf unveils W Residences branded luxury tower in Abu Dhabi

Taraf, a unit of UAE investment group Yas Holding, has joined hands with Marriott International to unveil its latest project - W Residences Abu Dhabi Al Maryah Island - a 37-storey luxury development featuring branded one- to four-bedroom apartments.

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Energy, Oil & Gas

NMDC lands $1.4bn Abu Dhabi marine construction contract

NMDC Group, a leading player in the regional EPC sector, said it has secured an AED5.1 billion ($1.36 billion) contract from UAE-based Modon Company to provide marine dredging, reclamation and ground improvement works for its project in Abu Dhabi.

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Finance & Capital Market

GFH wins investors' approval for $500m sukuk programme

GFH Group, a leading regional financial group with major interests in asset management and real estate, said it has won approval from shareholders for the issuance of a sukuk worth $500 million in one or more tranches through a special purpose vehicle.

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Analysis, Interviews, Opinions

Prioritising mental health in the workplace vital

Despite heightened awareness, mental health challenges remain pervasive in professional settings worldwide, with profound impacts on both employees and organisations.

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Industry, Logistics & Shipping

Bahrain iGA seals partnership with Aramex, BoxOut Express

Bahrain's Information & eGovernment Authority (iGA) has announced a partnership agreement with express delivery service providers - Aramex and BoxOut Express - in bid to provide fast, flexible document delivery services for government’s online services.

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Travel, Tourism & Hospitality

Yas Waterworld Yas Island expansion work 55pc complete

Miral, a leading developer of immersive destinations in Abu Dhabi, has announced that over 55% of the construction work on the 16,900 sqm expansion of Yas Waterworld Yas Island, Abu Dhabi has been completed and it is now on track for opening next year.

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IT & Telecommunications

Omani group to set up $450m data centre in Suez Canal zone

Oman Data Park (ODP), the sultanate's leading data centre and cloud services provider, has signed an agreement with Intro Technology for the establishment of its data centre in the Suez Canal Economic Zone at an investment of $450 million.

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Lifestyle

NEOM unveils exquisite designs of Sindalah Yacht Club

NEOM, developer of the Saudi futuristic city, has unveiled the interior designs of Sindalah Yacht Club, a jewel of the island’s marina. A premier destination for yacht owners, it is being developed in collaboration with Italian designer Stefano Ricci.

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Motoring

Stellantis announces targeted management changes

Stellantis has announced targeted management changes, effective immediately, under the leadership of CEO Carlos Tavares to redouble the company’s focus on its key business priorities and confront head-on the global challenges.

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Media & Promotion

Top Indian industrialist Ratan Tata dies at 86

Veteran industrialist and Tata Group's chairman emeritus Ratan Tata passed away at a Mumbai hospital on Wednesday night. He was 86. Tata was hospitalised on Monday owing to age-related issues, and to control his blood pressure, said media reports.

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