Business & Money | Friday 30 June, 2017 1:13 am

Defense revenues expand, while commercial aerospace slows

Global aerospace and defense (A&D) sector revenues grew by 2.4 percent to reach US$674.4 billion in 2016, slightly above the estimated global domestic product (GDP) growth of 2.3 percent1. This is according to the 2017 Global aerospace and defense sector financial performance study released by...

More Details

Tourism & Hospitality | Friday 30 June, 2017 1:11 am

ETIHAD AVIATION GROUP ORGANISES ‘A WISH COMES TRUE’ EVENT TO SUPPORT AUTISM AWARENESS

  Etihad Aviation Group (EAG) recently hosted ‘A Wish Comes True’ day as part of the ‘Road to Happiness’ initiative in support of autism awareness, in collaboration with the Emirates Autism Society.   Ali Abdullah Mohammed Al Dosari (pictured above...

More Details

Business & Money | Friday 30 June, 2017 1:07 am

​Longines officially launched the blue model of The Longines Master Collection on the eve of Prix de Diane Longines culminating day

  On 17 June 2017, the evening before the culminating day of the Prix de Diane Longines featuring the world’s biggest race for fillies, the Swiss watch brand officially launched the new blue model of The Longines Master Collection in the heart of Paris. This stainless steel model...

More Details

Technology & IT | Friday 30 June, 2017 1:00 am

Leading UAE-based Cybersecurity Company Warns of Dangers of Petya Ransomware and Stresses the Importance of Network Security Assessments & Patching

Two months after one of the worst ransomware attack in history was conducted via WannaCry, a newer, more dangerous version is out in the wild. Security researchers have called it Petya, and it’s even more devastating than WannaCry.Petya has some of the same characteristics of WannaCry,...

More Details

Business & Money | Friday 30 June, 2017 12:49 am

Fluor Signs Memorandum of Understanding with Saudi Arabian Mining Company Ma’aden

Fluor Corporation (NYSE: FLR) announced today that it has signed a memorandum of understanding (MOU) with Saudi Arabian Mining Company (Ma’aden) to support future Ma’aden projects located within and outside the Kingdom of Saudi Arabia. Under the MOU, Fluor would be considered...

More Details

Tourism & Hospitality | Friday 30 June, 2017 12:42 am

The General Authority for Civil Aviation signs concession contracts for King Abdulaziz, Taif, Prince Nayef bin Abdulaziz and Ha'il Airports

His Excellency Sulaiman bin Abdullah Al Hamdan, the Minister of Transportation, on 8 June, 2017 signed concession agreements for private sector participation in several Saudi airports. GIB Capital LLC (GIB Capital), the Lead Financial Advisor to GACA, led a group of specialised advisors...

More Details

Business & Money | Thursday 29 June, 2017 1:54 pm

Azizi Developments Launches Two New Projects in Al Furjan: Azizi Berton and Azizi Pearl

Azizi Developments, the fast growing and award-winning Dubai real estate developer, announced the double launch of its 18th and 19th properties in Al Furjan: Azizi Berton and Azizi Pearl. While stylistically unique both of the seven-floor properties will feature a high number of studio apartments....

More Details

Business & Money | Thursday 29 June, 2017 1:47 pm

Equinix Opens New Flagship Data Center in Frankfurt

Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced an expansion of its presence in the Frankfurt market with the opening of its latest state-of-the-art data center. Known as FR6, the new International Business Exchange™ (IBX®) data center is...

More Details

Cars & Autos | Thursday 29 June, 2017 1:43 pm

Lexus adds design flair and imaginative technologies to Luc Besson’s upcoming sci-fi epic Valerian

To celebrate its creative partnership with Luc Besson’s upcoming sci-fi epic, Valerian and the City of a Thousand Planets, luxury automotive brand Lexus has recently unveiled a behind-the-scenes sneak peek of the SKYJET collaboration, as well as the brand’s design and technology...

More Details

Cars & Autos | Thursday 29 June, 2017 1:22 pm

Aston Martin Vulcan AMR Pro - wildest-ever Aston Martin taken to new extremes

  29 June 2017, Gaydon: Aston Martin’s wildest-ever car - the track-only Aston Martin Vulcan - has been taken to breathtaking new extremes with a performance upgrade package developed by the luxury marque’s new performance brand, AMR. Making its public debut at the Goodwood...

More Details