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GCC Hospitality and Leisure Sector has $200 BN Projects Underway

October 31, 2017 UAE Business 0
  • Over 2,000 hospitality and leisure projects in the GCC with a combined estimated value of USD 200 billion, according to The Big 5’s research partner BNC Network.
  • The expanding tourism sector and hosting of large events are key drivers behind increasing hospitality and leisure projects in the region.
  • The Big 5 (26 – 29 November 2017 at The Dubai World Trade Centre) will feature over 2500 exhibiting companies and is expected to attract over 78,000 visitors.

Over 2,000 hospitality and leisure projects are currently underway in the GCC with a combined estimated value of USD 200 billion, event organisers announce ahead of The Big 5 next month.  An estimated USD 64 billion worth of related projects in the construction pipeline, coupled with increasingly relaxed visa policies highlight a developing focus on strengthening the regional tourism ecosystem. Read more

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IREIS 2017 to Look at Unmatched Real Estate Offers and Dual Citizenship Opportunities

October 31, 2017 UAE Business 0

The 9th edition of the International Real Estate & Investment Show 2017 (IREIS) will kick off on 2nd November at the Abu Dhabi National Exhibition Centre (ADNEC), Abu Dhabi where UAE’s leading developers that include Emaar, DAMAC, Danube, C & Co Real Estate Development, ARADA, Green Valley, and FAM Holding, will open discussion on real estate and investment, and reveal its latest projects at the three-day expo. Read more

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Konica Minolta Named Industry Leader On The Dow Jones Sustainability World Index

October 31, 2017 UAE Business 0

Konica Minolta, Inc. has been named Industry Group Leader in the Dow Jones Sustainability World Index 2017 (DJSI World), one of the most prestigious global benchmarks for corporate sustainability and responsibility.  Konica Minolta has consistently been acknowledged for integra2ting sustainability into its business, having been named among the global leaders for the sixth consecutive year. Konica Minolta has also been recognized in the Dow Jones Sustainability Asia Pacific Index (DJSI Asia Pacific) for the ninth consecutive year. Read more

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RTA CEO Attends the Opening of Belhasa Driving Center & Wasel Vehicles Testing Center in Nadd Al Hamar

October 31, 2017 UAE Business 0

Mr. Ahmed Hashem Bahrozyan, the Chief Executive Officer of Roads & Transport Authority Licensing Agency (RTA), and Mr. Saif Ahmed Belhasa, Chairman of Saif Belhasa Holding attended recently the opening of Belhasa Driving Center in Nadd Al Hamar. The opening ceremony was also attended by the famous Barcelona ex-football player Éric Abidal. Read more

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Exhibitors, Visitors, and Participants Commend Diversity of 19th WETEX and 2nd Dubai Solar Show

October 31, 2017 UAE Business 0

The Water, Energy, Technology, and Environment Exhibition (WETEX) has become an annual event that is much awaited by international organisations and companies specialising in energy, water, and environment, to show their technologies and products and identify investment opportunities in these key areas. The exhibition offers a unique opportunity for investors to establish and develop commercial relations and promote business opportunities by holding one-on-one meetings with major corporations and decision makers from the region and the world. Read more

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UAE: High Risk or Low Risk in Investing in Cryptocurrency

October 30, 2017 Joshua Amponsem 0

The future of cryptocurrencies have been an interesting discussion in a recent couple of years as technological advancement keeps growing and investments keep rising in Bitcoins – which currently holds 40 percent of the cryptocurrency market. However, there is a high risk in any luxurious business and the risk in trading with cryptocurrencies is beginning to unfold. This year, Bitcoin rose to a $5,000 at some point while gradually running down to $3,000. In UAE, cryptocurrency investors are under threat as the central bank is underway to impede the use of cryptocurrencies as it is noticed as an easy way to engage in money laundering, fraud, and funding terrorist activities. Read more

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Emirates Palace takes home seven top honours at the prestigious World Travel Awards in Dubai

October 30, 2017 UAE Business 0

Abu Dhabi, 30 October 2017  Hailed as the ‘Oscars of the Travel Industry’, leading voices in the industry came together this past weekend to celebrate travel and tourism excellence at the 2017 World Travel Awards Middle East’s dazzling red-carpet gala ceremony at Armani Hotel Dubai. Voters have once again recognised Emirates Palace as having the Middle East’s, the UAE’s and Abu Dhabi’s Leading Hotel Suite. Read more

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Sophos XG Firewall Delivers a Breakthrough in Network Visibility with Synchronized App Control

October 29, 2017 UAE Business 0

Sophos (LSE: SOPH), a global leader in network and endpoint security, today announced the latest version of its next-generation Sophos XG Firewall that delivers a breakthrough in network traffic visibility. Using Synchronized Security to obtain information from the endpoint, XG Firewall can identify, classify and allow the control of all previously unknown applications active on the network, such as those which don’t have signatures or are using generic HTTP or HTTPS connections.  Synchronized App Control on XG Firewall is an industry first and can reduce the security risks associated with unidentified traffic by allowing administrators to see exactly what is on their network. Read more

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SSAB trains Tipper and Trailer users in UAE

October 27, 2017 UAE Business 0

Highlighting its strong end-user focus, SSAB’s first technical seminar for Tipper and Trailer users educates them on benefits of using high strength steel and achieving the low weight-high payload balance Read more

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Tanker conference focuses on environmental and human capital challenges and growth opportunities

October 26, 2017 UAE Business 0

The second The Maritime Standard Tanker Conference, which took place at the Grosvenor House Hotel, Dubai, on 24th October, underlined the potential that exists for growth and development within the region’s tanker sector. To achieve this, however, speakers stressed there was a need not just for investment, but closer collaboration between different stakeholders, to create the foundations for sustainable success. Other key themes included environmental regulations and their impact on tanker shipping; crewing and the need to invest in human capital; and the implications of digitalization and ‘Big Data’ for this business. Read more