Paul Ferraro Water, we are repeatedly told, will be “next oil.” In the U.S., climate projections predict increasing drought frequency throughout most of the country. Around the world, political and even military conflicts due to water scarcity are multiplying. Water is a limited and essential resource, and we are becoming more sensitive to the need to use it wisely. ...

  Dubai / Emirates Business As many as 2,400 new hotel rooms will open in Abu Dhabi throughout 2016, according to a new report. The Abu Dhabi Hotel Market Summary report by JLL prepared ahead of The Hotel Show Dubai 2016 reveals that 200 rooms opened in Q2 2016 with the soft opening of the Four Seasons on Al Maryah ...

  Dubai / Emirates Business Dubai’s appeal as a leading shopping destination has been further enhanced by the numerous bargains and special deals being offered by luxury retailers representing an array of international brands during the ongoing Dubai Summer Surprises (DSS) extravaganza. The annual DSS, organised by the Dubai Festivals and Retail Establishment (DFRE), an agency of the Department of ...

  Dubai / Emirates Business As businesses today are shifting the way they operate in the digital economy, differentiation is increasingly defined by their ability to enable their workforce to quickly, easily and securely access information and business tools from anywhere, using any device. du’s Enterprise Mobility Management Solutions help enterprises meet the needs of the modern workforce and become ...

  Emirates Business New figures show that so far in 2016, the Nissan LEAF is not only the world’s best-selling electric vehicle (EV), but also the third best-selling passenger car overall in Norway. Nissan made an early commitment to zero emission technology, recognising it as a sustainable, practical transport solution. Nissan has supported 100 percent electric mobility since 2010, long ...

  Ajman / Emirates Business Gulf Craft has signed a partnership agreement with the Abdulaziz Bin Humaid Foundation as part of the shipyard’s ongoing commitment to inspire the next generation of GCC business leaders through exposure to its world-class UAE-based operations. The UAE-based yacht and boat builder will support the Foundation’s coveted Abdulaziz Bin Humaid Leadership Program, which aims to ...

  Emirates Business The expansion of Saudi Arabia’s non-oil private sector picked up speed in July, as highlighted by the strongest improvement in business conditions since last November. Output growth was particularly sharp, while new orders also increased at a faster pace. The improvement in demand was broad-based across domestic and international markets – exports rose for the first time ...

  Bloomberg Oil halted its slide below $40 a barrel as weekly industry data showed U.S. crude inventories declined, easing a supply glut that’s at the highest seasonal level in at least two decades. Futures added 0.2 percent in New York after slipping 5 percent the previous two sessions. Inventories slid by 1.34 million barrels and gasoline stockpiles fell, the ...

  Bloomberg Egyptian officials are holding talks in Cairo with the International Monetary Fund over a loan to help finance the government’s economic program. Egypt is seeking $12 billion over three years. The most-populous Arab country has had a tumultuous relationship with the IMF since the 2011 uprising that ousted Hosni Mubarak, turning down two initial loan accords. Some of ...

  Reuters Saudi Arabia’s government is discussing a proposal to take over construction conglomerate Saudi Oger, owned by the family of former Lebanese Prime Minister Saad al-Hariri, a Lebanese newspaper reported on Wednesday. Oger has been hit hard by a slowdown in the Saudi construction sector due to low oil prices and state spending cuts, and wage payments to thousands ...