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MIXED-USE DESTINATION
Dubai Investments plans $272m resort on RAK's Al Marjan Island
Dubai Investments, a leading diversified investment company, has signed a deal with Marjan to open a mixed-use beachfront resort and residential development worth of AED1 billion ($272 million) on Al Marjan Island in Ras Al Khaimah, UAE.
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SAUDI ARABIA BIGGEST IMPORTER
Bahrain-origin exports surge 76pc to top $3bn in Q3
The value of Bahrain’s exports of national origin increased by 76% to BD1.174 billion ($3.09 billion) during the third quarter (Q3) of 2021, compared to BD669 million during Q3 2020, said the Information & eGovernment Authority (iGA).
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PIF's THE RIG. IN GULF
Saudi launches first offshore platform tourism project
Saudi Arabia's Public Investment Fund (PIF) has announced the launch of 'The Rig.', the world’s first tourism destination on offshore platforms.
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ANALYSIS
Transport disruptors ready with new innovative 15-minute city, all electric Hyperloop plan
Global transport disruptors will be in Dubai next month for an event at Expo 2020 where they will share their vision on how people will travel and move goods in future with innovative concepts like Fifteen-Minute City and All-electric Hyperloop.
Top Trade News
 | Industry Sectors |
Saudi Arabia launches first offshore platform tourism project
Saudi Arabia's Public Investment Fund (PIF) has announced the launch of 'The Rig.', the world’s first tourism destination on offshore platforms.
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Redtag unveils Myriam Fares 'inspired' winter collection
Redtag, one of the favourite homegrown value fashion brands in the Middle East, has launched a new fashion collection for Winter 2021, which has been endorsed by Lebanese pop icon and Queen of Stage, Myriam Fares.
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Technip Energies wins India’s largest PEM based hydrogen project
Technip Energies has been awarded an Engineering, Procurement, Construction and Commissioning (EPCC) contract by NTPC for its Proton Exchange Membrane (PEM) based hydrogen generation plant project at Vindhyachal, Madhya Pradesh, India.
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Etihad Credit Insurance seals partnership with SkyPower
UAE's federal export credit company Etihad Credit Insurance (ECI) said it has entered into a strategic sustainability partnership with SkyPower, one of the largest developers and owners of utility-scale solar (PV) energy projects in the world.
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$84trn AUM captured by net zero initiatives: Barclays
A total $84 trillion of assets under management (AUM) is now captured by net zero commitments of the AUM of signatories to the three largest net zero initiatives, said Barclays in a new report.
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Sabic, WEF partner to step up low-carbon initiative
Sabic has entered an agreement with the World Economic Forum (WEF) and other global chemical sector companies targeted at formalizing the low-carbon emitting technologies (LCET) initiative into a stand-alone entity by 2023.
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Lebanon’s iconic restaurant Barbar makes its Dubai debut
Popular Lebanese dining institution Barbar has arrived in Dubai, bringing its authentic taste of Beirut. For more than 40 years, Barbar’s doors remained open even during Lebanon’s toughest times and this commitment will continue in Dubai, it stated.
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Toshiba to display surveillance, storage solutions at Gitex
Japanese multinational conglomerate Toshiba is set to display its new range of data storage products including the 18TB MG09 Series HDDs and Kioxia (formerly Toshiba memory) Nand Flash memory products at the Gitex 2021 in Dubai.
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Carnival Brunch returns to Sheraton JBR
Sheraton Jumeirah Beach Resort, Dubai, recently announced the return of its Carnival Brunch. The revamped brunch features a plethora of exciting new features such as live cooking stations, live entertainment and kid’s activities.
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IoT-based LED transmits vehicle breakdown warnings
Trackimo, one of the world’s leading IoT (Internet of Things) solution providers has launched a unique V16 emergency LED flashlight for vehicles that alerts its surroundings when in distress at the ongoing Gitex Global in Dubai.
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Life expectancy on the rise; hits 73.4 years, says WHO
Life expectancy has increased by more than six years globally, from 66.8 in 2000 to 73.4 years in 2019, said the World Health Organisation (WHO) in a new report.
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13 French companies to exhibit at Cabsat
Some 13 French companies will present the future of video platforms and digital interactions during the three days of Cabsat from October 26 to 28, 2021 at the Dubai World Trade Centre.
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IBM commits to skill 30m people globally by 2030
IBM has unveiled a groundbreaking commitment and global plan to provide 30 million people of all ages with new skills needed for the jobs of tomorrow by 2030.
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Tamdeen opens largest indoor go-karting track at Kuwait mall
Kuwait's leading developer Tamdeen Group has announced the launch of the region's largest indoor multi-storey go-karting track at its key retail destination - Al Kout Mall. The Q8 Karting track with its various facilities covers a 5,380-sq-m area.
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