Mobilization Work for Pantheon Elysee Is 100 Percent Complete

Mobilization Work for Pantheon Elysee Is 100 Percent Complete

The project is progressing according to the approved time chart Dubai, United Arab Emirates, (AETOSWire): Pantheon Development, the UAE-based developer has announced that the mobilization work for its project Pantheon Elysee, is 100 percent complete. Signalling a major milestone, the company stated that the structural work for the upcoming project was 12 percent complete, whereas work related to Mechanical, electrical and plumbing (MEP) stood at three percent completion. Pantheon Elysee is the second project in Jumeirah Village Circle (JVC) for the Pantheon Group, following the successful launch of Pantheon Boulevard…

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Best’s Market Segment Report: AM Best Revises Outlook to Stable for GCC Market

Best’s Market Segment Report: AM Best Revises Outlook to Stable for GCC Market

LONDON–(BUSINESS WIRE/AETOSWire)— AM Best has revised its outlook on the insurance markets of the Gulf Cooperation Council (GCC) to stable from negative. Key factors supporting the outlook include the settling down of geo-political risks, limited disruption caused by the implementation of value-added tax, advances in risk management and improved regulatory sophistication across the region, continually strong capital buffers and extensive reinsurance support. A new Best’s Market Segment Report, titled, “Market Segment Outlook: Gulf Cooperation Council,” notes these factors are offset by potential volatility in hydrocarbon prices (and the resultant pressure…

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Nashwa Al Ruwaini Receives an Honorary Doctorate from Oxford

Nashwa Al Ruwaini Receives an Honorary Doctorate from Oxford

Describing Her as the Woman of Several Accomplishments Abu Dhabi, United Arab Emirates, (AETOSWire): Dr. Nashwa Al-Ruwaini yesterday was awarded an Honorary Doctorate in Business Administration and Management Studies from the Oxford College for Research and PhD Studies, one of the oldest educational institutions in Europe and the world. This was in recognition of her outstanding achievements in the field of media and in recognition of her success as an entrepreneur. The award ceremony was attended by VIP officials as well as the media, her family and friends and was…

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Two-Day Event in Dubai Celebrating 50 Years of Azimut Yachts

Two-Day Event in Dubai Celebrating 50 Years of Azimut Yachts

Dubai, United Arab Emirates, 26 February 2019, (AETOSWire): Dubai hosted the first of five events organised to celebrate the 50th anniversary of Azimut Yachts, a two-day celebration dedicated to Italian taste and style, organized for Azimut Yachts Owners in the Gulf region. From tomorrow, the presence of the brand in Dubai continues at the 27th edition of the Dubai International Boat Show, where some of the most representative models will be on show, including Azimut Grande 25 Metri and Azimut S7, an absolute première for the Middle East. The Bulgari…

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Settlement of the Dispute between the Republic of Guinea and BSG Resources

Settlement of the Dispute between the Republic of Guinea and BSG Resources

LONDON–(BUSINESS WIRE/AETOSWire) – The Republic of Guinea and Nysco, the 100% shareholder of BSG Resources (“BSGR”) (together “the parties”), jointly announce the settlement of their dispute over mining concessions and licenses in the Republic of Guinea (“Guinea”). Following this agreement, BSGR relinquishes its claims on blocks 1 and 2 of SIMANDOU and both parties waive all outstanding procedures. At the request of the Republic of Guinea, a new group of investors (presented by and including Mr. Beny Steinmetz) will exploit the ZOGOTA deposit, in order to export iron ore, according…

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Thomas Cook India Group Announces Its Acquisition Of Digiphoto Entertainment Imaging (DEI) – One of The World’s Leading Imaging Solutions and Services Providers

Thomas Cook India Group Announces Its Acquisition Of Digiphoto Entertainment Imaging (DEI) – One of The World’s Leading Imaging Solutions and Services Providers

Acquisition is PAT and free cash accretive from day one Marks Thomas Cook India Group’s entry into an adjacent sector, complementary to its travel & travel related services portfolio Dubai, United Arab Emirates, (AETOSWire):  Thomas Cook India Group, the leading integrated travel services group, has announced its acquisition of a 51% stake in Digiphoto Entertainment Imaging (DEI), one of the world’s leading imaging solutions and services providers at an enterprise value of US $40.6 Million (Rs 289 crores). The transaction is subject to regulatory approvals and customary closing conditions. The acquisition…

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Halliburton Breaks Ground on First Oilfield Specialty Chemical Manufacturing Reaction Facility in Saudi Arabia

Halliburton Breaks Ground on First Oilfield Specialty Chemical Manufacturing Reaction Facility in Saudi Arabia

HOUSTON–(BUSINESS WIRE/AETOSWire)– Halliburton Company (NYSE: HAL) is pleased to announce it will build the first oilfield chemical manufacturing reaction plant in Saudi Arabia. The Company held a ground-breaking ceremony on Monday, Feb. 18, at the plant’s PlasChem Park location in Jubail. Upon the plant’s completion in 2020, Halliburton will begin local manufacturing of specialty chemicals to help customers achieve production and reliability goals in applications from the reservoir to the refinery. “This is a strategic, targeted expansion to accelerate our fast-growing specialty chemicals business. We are excited to house this…

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The Estonian Defence Industry Association Concluded a Cooperation Agreement with the Emirates Defence Companies Council

The Estonian Defence Industry Association Concluded a Cooperation Agreement with the Emirates Defence Companies Council

ABU DHABI, United Arab Emirates–(BUSINESS WIRE/AETOSWire)– The Estonian Defence Industry Association (EDIA) and the Emirates Defence Companies Council (EDCC) Concluded a Memorandum of Understanding for Cooperation in the Field of the Defence Industry. “This agreement will provide the Estonian defence industry with a good basis to develop business cooperation in the United Arab Emirates. Estonian companies offer world-leading solutions in cybersecurity and data security, border protection, and modern warfare, as well as in several other fields,” said Kuldar Väärsi, a member of the Council of the Estonian Defence Industry Association. According…

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Dubai Industrial Park, Lootah Real Estate Development Embark on Strategic Partnership to Establish Senaeyat

Dubai Industrial Park, Lootah Real Estate Development Embark on Strategic Partnership to Establish Senaeyat

Entities sign agreement to construct 3 million sq ft purpose-built development in Dubai Industrial Park Dubai Industrial Park continues to make strides in industrial sector development in line with Dubai Industrial Strategy 2030 Dubai-UAE: 20 February, 2019 – Dubai Industrial Park, one of the largest industrial hubs in the region and a member of TECOM Group, has signed a long-term agreement with Lootah Real Estate Development to establish Senaeyat, a state-of-the-art pre-built industrial manufacturing development, on its premises. The partnership includes a 49-year lease of land spanning one million square…

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EOS and Milrem Robotics demonstrate unmanned warfare system with 30mm RWS

EOS and Milrem Robotics demonstrate unmanned warfare system with 30mm RWS

ABU DHABI, United Arab Emirates–(BUSINESS WIRE/AETOSWire)— The Australian technology company Electro Optic Systems and the European unmanned warfare systems developer Milrem Robotics are cooperating to bring lightweight 30mm lethality to the UGV market. The system concept is exhibited at IDEX 2019 in Abu Dhabi. The weaponized warfare system features the THeMIS unmanned ground vehicle equipped with the R400S – Mk2-HD (dual) RWS mounting 30mm ATK M230 LF cannon and a coaxial 7.62mm GPMG. An optional ATGW missile integration is available. This remotely operated vehicle enhances a land force’s firepower; situational…

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AZIMUT YACHTS Celebrates 50 Years of Enduring Success

AZIMUT YACHTS Celebrates 50 Years of Enduring Success

Dubai, United Arab Emirates, 19 February, 2019—(AETOSWire)–Yachting has become an integral part of the luxury lifestyle not only in the Middle East but all over the world. Extraordinary designs and disruptive innovation is what truly reflects the core value of a yacht and Azimut Yachts, part of the Azimut|Benetti Group, has proven itself by delivering exceptional design and cutting edge technology in every product category. This year Azimut Yachts commemorates the fiftieth anniversary and to celebrate in style, the Company has put together a glittering calendar of international events unfolding…

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Ajman Media City Free Zone unveils growth plans and new incentives for investors

Ajman Media City Free Zone unveils growth plans and new incentives for investors

– Exemption from E-Channel fee for long term investors – Strategic agent alliances in Russia and Dubai and in the anvil are U.K., Western Europe, India and other CIS regions to boost investment. – International agent network for faster service and support Ajman, United Arab Emirates, February 19, 2019, (AETOSWire): The Ajman Media City Free Zone is all set to accelerate its growth initiatives and enhance its position as an attractive destination of foreign investment in the UAE with introduction of new incentives, new partners and trade agreements in key…

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Phoenix Contact – on the road to a smarter world

Phoenix Contact – on the road to a smarter world

Phoenix Contact to showcase new innovations at the Middle East Electricity 2019 Dubai, United Arab Emirates – February 19, 2019, (AETOSWire) – Phoenix Contact, a digital industrial company is set to participate at the upcoming Middle East Electricity (MEE) 2019. The Phoenix Contact stand will be located at booth number 6A10 in hall number 6 at the Dubai World Trade Centre from 5 – 7 March 2019. “Middle East Electricity is one of our main exhibitions targeting the Energy and Infrastructure industries within the region, and is one where we…

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The Soaring AKH Tower is Changing Dammam’s Skyline

The Soaring AKH Tower is Changing Dammam’s Skyline

Al Dammam, Saudi Arabia, February 17, 2019, (AETOSWire):  2019 Serving as the new headquarters for the prominent Al Abdul Karim Holding (AKH) company in Dammam, the AKH Tower is now open for business. Designed and supervised by Dewan Architects + Engineers, the dramatic 37-storey building ranks as the tallest building in Dammam and the 30th tallest in the Kingdom of Saudi Arabia. Setting out to impress, the striking design of the AKH Tower – with its gleaming glass, geometric patterns and soaring height – is already a talking point in…

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Ajman Free Zone Offers Free-to-attend Innovation Forum for Business Community

Ajman Free Zone Offers Free-to-attend Innovation Forum for Business Community

The AFZ Innovation Forum – Digitalized Workplace on February 10th is Ajman Free Zone’s contribution to the UAE’s National Innovation Month High Calibre speakers include representatives of global companies, Microsoft Salesforce and Takeleap as well as local entrepreneurial youth organization, Futurists Hub Event is a great opportunity for businesses to pick up tips, advice and inspiration from businesses for whom innovation has been crucial to growth Ajman, UAE (February 5, 2019) – Ajman Free Zone will participate in the UAE’s Innovation Month of February with an Innovation Forum called Digitalized…

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Grundfos Hosts Saudi Events, Providing Insider View of Products and Vision for Pumps Future

Grundfos Hosts Saudi Events, Providing Insider View of Products and Vision for Pumps Future

Al-Madina Al-Munawara, Saudi Arabia, 10 February 2019, (AETOSWire): In line with its commitment to share know-how and experience and showcase the latest innovations in pump technology, Grundfos, the award-winning world leader in advanced pump and water application systems, hosted three separate Saudi dealer events in Saudi Arabia. The events, held in partnership with Grundfos’ dealer Zamil, aimed to provide Grundfos channel partners with live product demonstrations and its vision for the future of pumps, enabling a market for water efficiency in Saudi Arabia. More than 100 guests attended each of the three events, which took place…

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Celebrating craftsmanship! Grundfos Unveils Three new Installer Champions in the Middle East

Celebrating craftsmanship!  Grundfos Unveils Three new Installer Champions in the Middle East

Dubai, United Arab Emirates, 06 February 2019, (AETOSWire): Grundfos, the award-winning world leader in advanced pump and water application systems, offered a thrilling experience for pump installers around the Middle East to test their skills, with three Grundfos Installer Championships that took place in the UAE, Saudi Arabia and Kuwait. The Grundfos Installer Championship is a prize competition organized curtsey of Grundfos, which aims to assemble installers from all over the region to compete in installer-related capabilities and showcase their skills in various disciplines and becoming the best! The competition…

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Booking Proceedings Milestone of 249 Residential Units in Bawabat Tiba Project in Medina Achieved by 16/1/2019

Booking Proceedings Milestone of 249 Residential Units in Bawabat Tiba Project in Medina Achieved by 16/1/2019

Developed and Marketed by Al Mosoqoon   Medina, kingdom of Saudi Arabia, February 4, 2019—(AETOSWire):  Al Mosoqoon Real Estate Company for Investment and Development celebrated a milestone on 16/1/2019, with the booking of 249 residential units in Bawabat Tiba project in Medina, within the Sakani program proposed by the Ministry of Housing.   Eng. Mohamad Mutawalli, CEO of Al Mosoqoon, explained that construction is currently underway on the project, which includes a total of 700 residential units on a built-up area of 133979.79 m2. He added that handover of units…

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Women In The Workplace And Developing Employee Potential Are Untapped Super Powers.

Women In The Workplace And Developing Employee Potential Are Untapped Super Powers.

ameliorate and Lilyleaders join forces to bring you The Ameliorate Group Dubai, United Arab Emirates, 04 February 2019, (AETOSWire): The Ameliorate Group is an evolution of two UAE based businesses by female founders. The two women recognize the value of merging their two approaches of sales training & executive coaching with gender empowerment initiatives. The Ameliorate Group provides quality learning solutions and executive coaching to enable employee growth and build up an engaged workforce. The mission of The Ameliorate Group is to unlock the superpowers in the workforce. This means…

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Panasonic and World Vision Launch Off-grid Solutions Project in Narok County, Kenya

Panasonic and World Vision Launch Off-grid Solutions Project in Narok County, Kenya

NAIROBI, Kenya & OSAKA, Japan–(BUSINESS WIRE/AETOSWire)– World Vision and Panasonic Corporation have launched an Off-grid Solutions Project in Narok County, Kenya. Panasonic has donated power supply stations, solar storage devices, solar lanterns and other lighting equipment at the launching ceremony held on January 31, 2019, in Ilkimati community in Narok. This Off-grid Solutions Project is one of Panasonic’s corporate social responsibility initiatives that are aimed at celebrating the centennial of the company’s founding. This project is intended for communities in Asia and Africa with a large off-grid population, where Panasonic…

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