Abu Dhabi / Emirates Business Saadiyat Development and Investment Company (SDIC) awards the landscaping contract of Hidd Al Saadiyat to Gulf Contracting Company (GCC). Hardscaping of the neighborhoods, kicking off in 2016, will include pavement of driveways, pathways and road signage, benches, light poles, and bollards. Furthermore, underground work activities including irrigation, electrical, manholes and concrete bases for signage will …

Bloomberg Macy’s Inc. named Four Corners Property Trust Inc. Chief Executive Officer Bill Lenehan to its board, enlisting a real estate expert to help the chain figure out what to do with its properties. The 39-year-old will join the board on April 1, the Cincinnati-based company said in a statement. Lenehan, who became CEO of Four Corners last year, has …

Bloomberg The property market is an animal almost every central banker is worried about and hardly anyone can control. As the Federal Reserve downshifts into go-slow mode while the European Central Bank and other monetary authorities ease, expect to hear a lot of concern about property prices. Here’s the dilemma: How do you cut rates to goose too-low inflation and …

AFP The serenity of Cui Ruzhuo’s ink landscapes is a far cry from the turmoil of China’s contemporary art market. But he can bank on his own status as the country’s best-selling living artist. Cui’s works reflect traditional Chinese forms and subjects, replete with largely monochrome mountains, lakes and trees. Little known in the West, his works fetched a total …

AFP Stroll around the office or neighborhood six times a day, and earn $1.50 toward your health insurance. Step up activity a bit more and bring the total to $1,400 annually. The catch: you need to wear a special activity tracker that monitors steps taken, “intensity” levels and other physical indicators. That’s the offer in a new insurance product marketed …

RITIKA SHARMA / Emirates Business Abu Dhabi’s tourism industry is heading to China next week, visiting five major cities, with a dedicated roadshow which aims to showcase the Emirate to the People’s Republic and reinforce the rapid growth of inbound tourism from the country. A 15-strong delegation, led by Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi) and comprising …

Emirates Business Dubai’s logistics sector has been told by the Emirate’s chamber of commerce to speed up its adoption of internet-of-things (IoT) in order to remain competitive and efficient. “Logistics contributes 14 per cent to the emirate’s annual gross domestic product (GDP) …as such it is a key area of focus for innovation, particularly IoT,” Hamad Buamim, president and CEO …

Emirates Business Emaar Properties honoured the winners of the eighth Emirates Classic Car Festival for an exceptional showcase of classic vehicles, which were evaluated for various parameters including upkeep, value, originality, uniqueness, finishes, and visual aesthetics. Representatives from Emaar and the Automobile & Touring Club of United Arab Emirates (ATCUAE) were present at the award ceremony, which was held on …

Emirates Business Highlighting its commitment to education and sustainable development, Emirates National Oil Company (ENOC) is partnering with the British University in Dubai (BUiD) as a sponsor and participant of the first Sustainability Summer School International Trip, a knowledge exchange initiative organised under the patronage of His Highness Sheikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE …

Sunaina Rana / Emirates Business All-new compact and lightweight 3.0-liter V6 twin-turbo engine production kick starts at Nissan Motor Co.’s state-of-the-art engine manufacturing facility, the Iwaki Plant in Japan. The application of this specially designed engine would be witnessed in Infiniti Q50 sports sedan which would be making its debut in the Middle East by the third quarter of 2016. …