ELIPS completes 10 years of operation in manufacturing

“إليبس” تكمل 10 سنوات من تصنيع الأنابيب العازلة للحرارة

100% fully owned subsidiary of Empower and Logstor Company has generated over AED 812 million of sales since its inception Produced over 500 km of pre-insulated pipes Served more than 150 projects in the UAE, Oman, Kuwait, Saudi Arabia and Egypt Dubai – United Arab Emirates, 9 June 2020: UAE-Danish joint venture, ELIPS, the leading manufacturer of pre-insulated pipes and provider of innovative solutions in fittings, has become a key player in the industry across the GCC countries and Egypt through more than 150 projects in all industrial domains, specifically…

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Azizi Developments enhances IT cost efficiency to gear up

Azizi Developments enhances IT cost efficiency to gear up

Dubai, UAE, 9 June 2020: Azizi Developments, a leading private developer in the UAE, is optimising its IT costs, effectively reducing spending amid the current global situation and delivering more value to its customers with greater efficiency. Setting a new paradigm for operational excellence by leveraging its IT Transformation programme, which is part of its Digital Business Transformation, the developer is enriching its customer experiences and taking concrete steps to ensure optimal value from its newly introduced IT-enabled initiatives, services and assets, all while minimising risk. As of May 2020,…

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Adani Green Energy Wins the World’s Largest Solar Award; Leapfrogs Towards Goal of 25 GW of Installed Capacity by 2025

Adani Green Energy Wins the World’s Largest Solar Award; Leapfrogs Towards Goal of 25 GW of Installed Capacity by 2025

 DALLAS & BRISBANE, Australia–(BUSINESS WIRE/AETOSWire)-– Adani Green Energy Limited (AGEL, NSE: ADANIGREEN) has won the first of its kind manufacturing linked solar agreement from the Solar Energy Corporation of India (SECI). As a part of the award, AGEL will build 8 GW of solar projects along with a commitment that will see Adani Solar establish 2 GW of additional solar cell and module manufacturing capacity. This award, the largest of its type ever in the world, will entail a single investment of US $6 billion and will create 400,000 direct…

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Hyundai Previews All-New Elantra N Line Model

Hyundai Previews All-New Elantra N Line Model

All-new Elantra will get N Line performance treatment N Line trim level available on Elantra sedan for the first time ever All-new Elantra N Line focuses on sporty design and refined powertrain/chassis dynamic Dubai, June 9, 2020 – Hyundai Motor Company today revealed the first images and a sneak preview video of the all-new 2021 Elantra N Line sedan. The upcoming Elantra N Line adds N brand specific design elements, chassis upgrades and a turbocharged engine to the recently revealed 2021 Elantra. Hyundai’s high-performance N brand develops fun-to-drive cars that…

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Getting Future Ready with Big Data Analysis

Getting Future Ready with Big Data Analysis

By Professor Khalid Hussain, Dean of Faculty of Engineering and Information Sciences – University of Wollongong in Dubai What’s the Big Data Craze? Big data today is more than just a buzz word that seems to have captured everyone’s imagination – no matter where in the world they are based or what industry they are employed in. Industry influencers, academicians, and prominent stakeholders all agree that big data has become a game-changer in almost every modern sector over the past few years. Big data describes the large amount of structured…

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Travel Agents Envisage a Return to International Travel

Travel Agents Envisage a Return to International Travel

Majority of G.C.C. Travel Agents Envisage a Return to International Travel by August/September Intra-Middle East travel demand as a region expected to perform best, with The Maldives ranked as number 1 standalone destination for expected demand Dubai, United Arab Emirates (9 June 2020) – In a survey conducted by AVIAREPS of 94 of the Gulf Countries (G.C.C.) leading outbound travel agencies, demand for outbound travel from the G.C.C. is expected to return from August/September 2020, with a majority of travel agencies to commence promoting their travel offerings from July through…

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CELEBRATE FATHER’S DAY WITH THE PERFECT GIFT FROM RASASI

CELEBRATE FATHER’S DAY WITH THE PERFECT GIFT FROM RASASI

Dubai, UAE, June 2020:  This Father’s Day, celebrate Dad and all the special father figures by showing appreciation with the perfect gift from Rasasi, a leading perfume brand in the Middle East. With a curated assortment of must-haves, select the perfect fragrance to upgrade your Dad’s scent or replenish his favorite cologne. With a range of notes from traditional oriental scents to citrus, from leather to woody, Rasasi’s selection of men’s fragrances has something unique for every man. Fragrance experts at Rasasi suggest these perfumes to choose from this Father’s…

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NEW AUTONOMOUS ITVs TO BOOST OPERATIONAL EFFICIENCY AT JEBEL ALI PORT

NEW AUTONOMOUS ITVs TO BOOST OPERATIONAL EFFICIENCY

NEW AUTONOMOUS ITVs TO BOOST OPERATIONAL EFFICIENCY AT JEBEL ALI PORT IN DEAL BETWEEN DP WORLD, UAE REGION AND DGWORLD Dubai, United Arab Emirates, 9 of June 2020: Leading trade enabler, DP World, UAE Region and the autonomous vehicle, robotics and AI specialist DGWorld has entered a contractual agreement to equip Jebel Ali Port with a fleet of Autonomous Internal Terminal Vehicles (AITV´s), including all related integrations in the existing operation processes and infrastructures. DP World, UAE Region once again manifests its leadership and visionary role by introducing autonomous vehicles…

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TIME Hotels implements improved sanitisation protocol ‘Sanitised and Ready’

TIME Hotels implements improved sanitisation protocol

  as industry embraces ‘new normal’   Guests can ‘rest assured’ that TIME Hotels complies with the highest standards of cleanliness, as society gradually moves out of COVID-19 lockdown restrictions   Dubai, UAE, 9 June 2020: UAE-headquartered hospitality company, TIME Hotels, is set to implement a new and improved sanitisation protocol, ‘Sanitised & Ready’ in partnership with Diversey, a global leading hygiene solutions provider, as the hospitality industry prepares to embrace the ‘new normal’. In response to the tentative steps being taken to ease the COVID-19 restrictions, TIME Hotels is rolling…

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AM Best Affirms Credit Ratings of Kuwait Reinsurance Company K.S.C.P.

AM Best Affirms Credit Ratings of Kuwait Reinsurance Company K.S.C.P.

LONDON–(BUSINESS WIRE/AETOSWire) – AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Kuwait Reinsurance Company K.S.C.P. (Kuwait Re) (Kuwait). The outlook of these Credit Ratings (ratings) remains stable. The ratings reflect Kuwait Re’s balance sheet strength, which AM Best categorises as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management. Kuwait Re’s balance sheet strength is underpinned by risk-adjusted capitalisation at the strongest level, as measured by Best’s Capital Adequacy Ratio…

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Al Hilal Bank sells Al Hilal Takaful to Siraj Holdings LLC

Al Hilal Bank sells Al Hilal Takaful to Siraj Holdings LLC

June 9, 2020: Al Hilal Bank, a wholly-owned subsidiary of Abu Dhabi Commercial Bank (ADCB), has completed the sale of Al Hilal Takaful, its Islamic insurance subsidiary, to Siraj Holding LLC. The divestment was driven by Al Hilal Bank’s strategic decision to focus on delivering high-quality retail banking services, primarily through digital channels. Al Hilal Bank was acquired by ADCB in May 2019, following the merger between ADCB and Union National Bank (UNB). Full integration of the three banks was completed in early April 2020, creating a fully unified, powerful…

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CPhI Middle East & Africa to debut in Saudi Arabia in 2021

CPhI Middle East & Africa to debut in Saudi Arabia in 2021

2020 edition of leading regional pharmaceutical show moves from Abu Dhabi and will now take place in Riyadh in March 2021 MENA pharmaceutical sales expected to increase 24% from US$35.5 billion in 2019 to US$44.1 billion by 2023 Abu Dhabi, United Arab Emirates, 9th June 2020: Informa, the organisers of the leading regional pharmaceutical event CPhI Middle East & Africa, has announced that due to the COVID-19 pandemic, the 2020 edition of the show will no longer take place in Abu Dhabi in September, instead it will now debut in…

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GMU alumni working on medical frontlines across five continents , 60 countries

GMU alumni working on medical frontlines across five continents

Since GMU’s inception 22 years ago, its 2000-strong alumni comprising 85 nationalities have been making significant contributions to the healthcare sector in the UAE and beyond The University boasts academic and research tie-ups with over 60 international universities and research institutions June 8th, 2020, Ajman, UAE: Working on the frontlines of healthcare across 60 countries, the alumni of Gulf Medical University (GMU) in Ajman have been making noteworthy contributions to the global healthcare sector for several years now. Among them are a number of Emirati medical practitioners who have made…

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