Dubai / WAM Ahmad bin Shafar, CEO of Emirates Central Cooling Systems Corporation, Empower, has received the prestigious title of ‘CEO of the Year – Energy’ at the CEO Middle East Awards. Ahmad bin Shafar was bestowed with the honour in recognition of the role he has played in strengthening the district cooling sector in the Middle East, as well ...
Read More »Admin
Halal Expo Dubai opens doors to boost UAE’s $20bn imports
Dubai / WAM Amina Ahmed Mohammed, Chief Executive Officer of the Emirates International Accreditation Centre (EIAC), officially opened the 9th Halal Expo Dubai 2017, at a ceremony at Roda Al Bustan Hotel on Monday. This comes two days after Malaysia formally recognised the UAE’s ‘Halal Products Control System’ national certificates and the national halal mark issued by the Emirates Authority ...
Read More »Key hospitality trade shows open in Dubai
Dubai / Emirates Business Dr Rashid bin Ahmed bin Fahad, Minister of State and Chairman of the Board of Directors of the Emirates Authority for Standardisation and Metrology – owned and organized by the Dubai World Trade Centre (DWTC) officially opened the region’s leading hospitality trade shows on Monday. These included the inaugural edition of GulfHost 2017, the Middle East’s ...
Read More »Seven Tides breaks ground on AED500mn project
DUBAI / Emirates Business UAE-headquartered upscale residential, hospitality and commercial property developer Seven Tides has broken ground on SE7EN Residences The Palm, a new residential development on the trunk of Palm Jumeirah. The 1.24million feet 2, 14-storey two tower complex, which is being developed by design and build, construction firm Airolink, is worth over half a billion dirhams and is ...
Read More »UAE higher education sector revenue hits $1bn
DUBAI / Emirates Business The prospect for the higher education sector in the UAE is bright, experts speaking at the forthcoming IPSEF Higher Education Forum say. UAE based universities have grown consistently in enrolments and revenues at a robust compound annual growth rate of 8-10 percent. The overall student base across local and international university campuses in UAE is estimated ...
Read More »EBTIC launches platform to accelerate entrepreneurship in UAE
Abu Dhabi / Emirates Business The Emirates ICT Innovation Center (EBTIC), which is based at the Khalifa University of Science and Technology, has announced the launch of the EBTIC Innovation Club (EBTIC-IC) – a dynamic networking platform dedicated to thought leadership and knowledge development in innovation and entrepreneurship in Abu Dhabi and the UAE. The EBTIC-IC aims to stimulate homegrown ...
Read More »Battered islands in crosshairs as Hurricane Maria speeds up
Bloomberg For the third time this month, a hurricane is spinning towards the already battered Caribbean and gathering strength along the way. The National Hurricane Center (NHC) upgraded tropical storm Maria to a hurricane as winds picked up to 150 kilometres per hour by Monday morning. The storm, 100 miles east of Martinique, is intensifying, and hurricane warnings have been ...
Read More »Slack gets slice of SoftBank’s $100bn tech bounty
Bloomberg Slack Technologies Inc. closed a $250 million funding round led by SoftBank Group Corp.’s Vision Fund, giving it more ammunition for expansion in an increasingly competitive market for workplace messaging services. The financing round values the startup at $5.1 billion, up from $3.8 billion the last time. The Vision Fund is joined by Accel and other investors, Slack said. ...
Read More »London’s black cabs going electric spurs aluminum sector
Bloomberg London’s black cabs going electric shows the new wave of automobile technology is already reshaping the metals industry. After being closed for three years due to a weak market, Sapa SA’s aluminum plant in south Wales will reopen this week to supply lightweight parts for automakers such as London Electric Vehicle Co., the maker of black cabs. It’s part ...
Read More »Ford reunites with Mahindra to raise India bet
Bloomberg Ford Motor Co. gave its lagging Indian operations a boost by reuniting with local SUV maker Mahindra & Mahindra Ltd. to explore electric cars and new technologies, as the US automaker tries to gain a foothold in a country that’s set to become the world’s third-biggest car market. Ford and Mahindra formed a partnership for three years, aiming to ...
Read More »