Software solutions that minimize cost overruns, delays in construction
Project management software solutions have emerged as essential tools to streamline construction operations, enhance efficiency, and improve project delivery. They...
Iraq holds its first census in nearly 40 years
The Iraqi census is scheduled for Wednesday and Thursday, and will provide sorely needed up-to-date demographic data for the country...
Business
Sharjah Taxi gets makeover
It will run under the motto,“we move people with ease”.
- The adoption of Sharjah Taxi’s new corporate identity is in support of directives of the emirate of Sharjah in adopting new, innovative and sustainable strategies
- The Sharjah Taxi fleet includes approximately 750 meticulously maintained vehicles of various types and models
Business
Abu Dhabi hotels host 4.1m visitors in 2022, earning US$1.4bn
Abu Dhabi, UAE-- Hotels across Abu Dhabi have posted a 24 percent growth in occupancy to 4.1 million visitors during...
- Revenues jumped by 23% from the previous year to $1.47 billion in 2022
- UAE nationals accounted for the largest share of the capital's hotel guests during the past year, with a share of 29%,
Business
We help investors, give them additional tools: QCSD
The first thing QCSD worked on was the movable funds register aimed at helping small and medium-sized enterprises to benefit...
- The Qatar Central Securities Depository (QCSD) is working on the application of lending and borrowing to help investors in Qatar and give them additional options and tools
- The first thing QCSD worked on was the movable funds register aimed at helping small and medium-sized enterprises to benefit from the tools, says its CEO Sheikh Saif Al-Thani
Business
DEWA is an organizing partner in Dubai International Project Management Forum 2023
DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) announced that it is participating in the 8th Dubai International Project...
- On the second day of the DIPMF, Saeed Mohammed Al Tayer, MD and CEO of DEWA, will participate in a panel discussion.
- DEWA will present practices and experiences implemented in Dubai, which has become a global benchmark for best practices.
Business
Dubai real estate market records deals worth $408 million
Dubai, UAE--Dubai real estate market recorded deals worth AED1.5 billion ($408 million) on Tuesday, Dubai Land Department said. The deals...
- The deals included 520 sales transactions worth AED1.22 billion, in addition to 72 mortgage deals of AED216.8 million.
- The sales included 440 villas and apartments worth AED902.79 million, and 80 land plots worth AED321.11 million.
Business
Twitter sued over ‘unpaid rent’ on London office
Twitter's British landlord said it is taking the social media to court for not paying rent on its London offices....
- Elon Musk, the billionaire CEO of Tesla and SpaceX, bought Twitter for US$44 billion in October 2022.
- Musk sacked half of the staff and reportedly stopped paying rent for office space to try to raise funds after taking on massive debt to buy the firm.
Business
DEWA launches plan for fast approval of electricity connections
DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) launched the 'OWNEK' awareness initiative to help its accredited contractors and...
- The OWNEK initiative will save the contractors and consultants time and effort and speed up the workflow.
- The initiative includes a series of awareness sessions and detailed videos in Arabic and English.
Economy
ADAFSA’s Auwn Program wins Global Business Excellence Award
ABU DHABI, UAE - Abu Dhabi Agriculture & Food Safety Authority (ADAFSA) has just been announced as the winner of...
- Auwn Community Program assisted in accomplishing ADAFSA's Corporate Social Responsibility goals by implementing several community initiatives.
- These include blood donation drives, support for people of determination and cancer patients, community and environmental development initiatives.
Business
RAK first in world to achieve 19 ISO 50001 certifications
Ras Al Khaimah, UAE -- The government of Ras Al Khaimah became the first in the world to achieve the...
- The accomplishment was announced at the World Future Energy Summit 2023, held as part of Abu Dhabi Sustainability Week (ADSW).
- A comprehensive retrofit of government buildings was carried out between 2018 and 2022, through energy performance contracting.
Economy
Ford to cut jobs in Germany
The US auto giant will cut 3,200 jobs in the European country.
- Spokesman of IG Metall union told that the cuts will be mainly in Cologne, where Ford has a major plant, but all sites across Germany are threatened
- Ford's German workers can continue to develop successful electric models for Europe if given the chance, the union said
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Software solutions that minimize cost overruns, delays in construction
Project management software solutions have emerged as essential tools to streamline construction operations, enhance efficiency, and improve project delivery. They...
Company News
EITC Q3 profit soars 57.7%
Business
Latest News
ENEC announces completion of Unit 4 of Barakah Nuclear Energy Plant
The Federal Authority for Nuclear Regulation (FANR), the UAE's independent nuclear regulator, recently issued the Operating License for Unit 4...
Business
Mubadala Energy makes gas discovery
This is the company's second successful well in the Andaman area.
Business
Apple pauses sale of watch models
The pause comes as it fights a patent battle over technology.
Business
Most Read
Business
UAE, South Korea look to deepen collaboration in water sector
Dubai, UAE-- The UAE and South Korea Korea are looking to boost ties in the water sector and in this...
- The joint committee will seek to ramp up bilateral cooperation in the water sector, taking into account global changes and serving the best interest of both nations.
- The Korean delegation was also apprised of the Water Security Strategy 2036 that aims to reduce the loss in the water network, decrease total demand for water resources by 21%
Business
UAE, Oman, Qatar seen as top 2024 property investment destinations
Dubai, UAE – Oman, Qatar, and the United Arab Emirates, particularly Dubai, have secured top positions for residential property investment...
- Dubai has long been the main attraction for overseas property investors, renowned for its luxurious real estate offerings
- The trend underlines the region's appeal as a reliable investment haven, especially amid cooling property markets in Europe and North America
Geostrategy
US forms coalition to combat Houthi attacks in Red Sea
US Defense Secretary Lloyd Austin said in a statement that countries seeking to defend "the foundational principle of freedom of...
- Austin said the security coalition will ensure freedom of navigation for all countries
- Houthi attacks have forced insurance companies to increase premiums on ships