Business & Money | Thursday 6 October, 2016 7:44 am

Aon data empowers Unica to offer flood insurance for $5.2bn Canadian peril

mpact Forecasting, Aon Benfield’s catastrophe model development team, has enabled Unica Insurance Inc.to offer new a flood insurance called WATERtight™ following the devastating natural catastrophe events of 2013. Aon Benfield is the global reinsurance intermediary and capital ...

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Technology & IT | Thursday 6 October, 2016 7:41 am

Wearable-Tech Brand Misfit Set to Leverage Growth in Region’s Wearables Market

Niels van der Valk, Fossil’s regional director for consumer electronics in EMEA, outlines the brand’s plans for the Middle East   Which Misfit products can we expect to see currently available in the region’s stores? Our focus is on Ray, which is the latest...

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Business & Money | Thursday 6 October, 2016 7:39 am

nogaholding’s subsidiary, Bahrain National Gas Expansion Company, signs US$ 98.7 million EPC contract with JGC Gulf International

Bahrain National Gas Expansion Company, (BNGEC), a fully owned subsidiary of nogaholding, the investment and business development arm of Bahrain’s National Oil and Gas Authority (NOGA), has signed engineering, procurement and construction (EPC) contract worth US$ 98.7 million with JGC Gulf...

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Culture & Education | Thursday 6 October, 2016 7:32 am

Five Entrepreneurs Qualify to Final Pitch Presentation Round of Innovation 4 Impact Competition

Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), the integrated free zone technology park, in collaboration with the Dubai Islamic Economy Development Centre (DIEDC), and Thomson Reuters have announced the five finalists of the Innovation 4 Impact Competition ...

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Government | Thursday 6 October, 2016 7:29 am

Pacts signed for 10,000 housing units in the Eastern Province

The Ministry of Housing signed on Wednesday two cooperation agreements with two national real estate development companies to construct over 10,000 housing units in Taroot and Safwa centers in Al-Qatif governorate, Eastern Province, Saudi Press Agency reported on Wednesday. The signing ceremony...

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Business & Money | Thursday 6 October, 2016 7:22 am

Saudi Electricity awards France’s Engie $1.2bn power station contract

Saudi Electricity Co. said that in partnership with Saudi Aramco, it had awarded a contract to French utility company Engie to build a 1,504 megawatt power plant. The Fadhili power plant will be built at a cost of $1.2 billion and owned 30 percent by Saudi Electricity, 30 percent by Aramco and 40...

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Business & Money | Thursday 6 October, 2016 7:07 am

Municipality Excellence Expansion Summit opens in Riyadh

Modernization of the municipalities was the theme of the Municipality Excellence Expansion Summit which was inaugurated by Municipal and Rural Affairs Minister Abdul Lateef Al-Asheikh in Riyadh on Wednesday. The minister said the summit is being held at a time when the Kingdom is rapidly embracing ...

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Government | Thursday 6 October, 2016 6:27 am

King keen on fast completion of Prophet Mosque expansion work

Custodian of the Two Holy Mosques King Salman is keen on completion of all the procedures with regard to the expansion of the Prophet’s Mosque and its associated projects in Madinah. This was announced by Prince Faisal Bin Salman, emir of Madinah, on Wednesday. He said that the King is...

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Tourism & Hospitality | Thursday 6 October, 2016 5:18 am

Turkish Airlines launches its updated mobile application

Turkish Airlines, the one and only airline flying to more countries and international destinations than any other, presents its new mobile application to its esteemed passengers.    Designed to provide the ultimate user-friendly layout, with high quality visuals of destinations that ...

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Business & Money | Thursday 6 October, 2016 4:17 am

Canon captivates regional photographers with new EOS 5D Mark IV

Canon Middle East, world leader in imaging solutions, recently showcased the eagerly-anticipated EOS 5D Mark IV, the newest addition to the legendary EOS 5D family, at an exclusive distributor function held for UAE and the wider MENA region in Dubai.    The launch, held in...

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