Oman: Turkish firm wins $277m Duqm Port contract

A Turkish engineering firm has been awarded a contract to build the infrastructure of the commercial quay at the Port of Duqm in Oman, according to reports. Serka Taahhut Insaat, a subsidiary of Abdali Holding, was awarded the RO 107 million ($277m) contract, according to the Oman Daily Observer. Works include the construction of roads and the development of a port operation zone, and are expected to complete by around 2019, it was reported. Plans also include the creation of a 300-metre-long dry bulk terminal with a capacity to handle 5 million tons per annum of minerals, the newspaper said..... Read more »

Posted on : 10/15/2016

Celebrate 50 years of the Corolla in 2017

That’s right; the Toyota Corolla celebrates 50 years this year! Can you believe it? We sure can’t, it seems as if it was only yesterday this affordable sedan rolled off the production line for the first time. Loved across the GCC and around the globe, 2017 not only marks half a century of moving the world but also an all new look. In 2017 trim, the Corolla is to sport a new front grille, LED headlights and a set of stunning new wheels adorning each corner to top specification. Standard models will receive the new front end along with smaller LED’s and 16-inch rims with higher tiers receiving, fancier headlights and 17-inch rims. .... Read more »

Posted on : 10/15/2016

Upcoming BMW 8 Series to include M8

Earlier in the year, BMW attempted to keep the BMW 8 series return quiet. That didn’t work as the internet slowly flooded with rumours of its return, and if you looked a little deeper, there was something a little juicier. Those rumours are 100% true and to make it even more exciting, the German brand is to head the series with a performance version named the M8. BMW hasn’t confirmed if the M8 is to be produced in coupe or sedan form. If they go for the two-door setup, they can take the fight straight to the Bentley Continental GT Speed and Mercedes-Benz S63 AMG coupe. If they decide to build a sedan model, the Porsche Panamera and Mercedes S-Class sedan are on the radar. A convertible version is also said to be on the table. Powering the flagship model of the BMW 8 Series is a brand V8 4-litre petrol engine aided by two turbochargers. Rear wheel drive is expected as standard mated to a dual-clutch transmission with all-wheel drive being available at an extra cost..... Read more »

Posted on : 10/15/2016

$41 million project to house 8,000 by UAE facilities management firm

Markus Oberlin, CEO of Farnek, said: “We have purchased the freehold plot for approximately $13 million and have appointed Arif & Bintoak, a multi-disciplinary architectural and engineering firm, to create and build the design, which will cost an additional $27 million.” Situated opposite the Expo 2020 Dubai site and close to Al Maktoum International Airport, and spreading over an area of 9.2 ha, the new smart centre will be home to 8,000 employees. The project is expected to break ground next summer and complete by December 2018. Smart building for Dubai staff housing The design for the project will include waste management and smart energy concepts. Oberlin said: “Designing a building that will be home to 8,000 people, will come with certain operational challenges, such as waste and sewage management. First of all, we will design an effective system to reduce the volume of waste generated that would ordinarily go to landfill..... Read more »

Posted on : 10/15/2016

Jet Airways to launch route from Sharjah to Kozhikode

Jet Airways will step up services on the UAE-India route with the introduction of a daily flight from Sharjah to Kozhikode. The new service will be introduced on October 30, 2016 with the inbound flight departing Kozhikode at 9.25pm (IST) and arriving in Sharjah at 11.55pm UAE time. The outbound flight will depart Sharjah at 4.20pm (UAE) and arrive in Kozhikode at 9.45pm (IST). This new service will make Kozhikode the third Indian city to be connected by Jet Airways from Sharjah, adding to the daily flights that the airline already operates from the Emirate to Kochi and Mangaluru. Shakir Kantawala, VP Gulf, Middle East & Africa of Jet Airways, said: “UAE is becoming increasingly popular amongst the Indian population, be it for business travel, tourism or employment..... Read more »

Posted on : 10/14/2016

Buyers snap up physical gold after price slides

<p>London: Physical gold demand in London jumped after this week's price drop, dealers said on Wednesday, as consumers were tempted back to the market by the metal's technically-driven slide through 1,000 pounds an ounce.</p>.... Read more »

Posted on : 10/6/2016

Dubai: Work starts on Mideast's 'largest solar rooftop project'

<p>The Dubai-based ports operator DP World has begun construction on what it called the “largest distributed solar rooftop project in the Middle East”.</p>.... Read more »

Posted on : 10/6/2016

Emaar unveils beachfront resort project at JBR

Emaar Hospitality Group has unveiled details of its Address Jumeirah Resort + Spa to be built near Jumeirah Beach Residences in Dubai Marina. The 182-room hotel, serviced residences and residential apartments will be more than 290 metres in height and have direct access to Sheikh Zayed Road. It will also include a rooftop infinity pool, 100 metres of beach frontage and F&B concepts including a lounge at the highest level. Chris Newman, Chief Operations Officer of Emaar Hospitality Group, said: “The unparalleled views from the hotel and serviced residences, and the wide range of leisure and wellness pursuits will differentiate the property from the rest.”.... Read more »

Posted on : 9/28/2016

Dubai hotel sector upgrades services to attract new visitors

The hotel industry in Dubai is evolving to cater for young “millennial” travellers who want to explore and dine on a budget, industry experts have said. While still known for its palatial properties and lavish settings, delegates at The Hotel Show Dubai said the emirate is moving towards a catering for a much broader range of visitor. Ray Tinston, Portfolio Director at dmg events, the organisers of this year’s show, said: “We’re looking at where hospitality is moving – and it’s not about the traditional restaurants you see around town. “There’s food trucks, there’s food markets, there’s people coming to the market with unusual ingredients and unusual ideas about food service. “The food trucks and pop-up restaurants and restaurants in shipping containers are all part of this revolution in hospitality. We’re trying to show that through some of our installations.” A colourful collection of makeshift food trucks are among the exhibits sprawling across the floors of the hotel show, which continues today and tomorrow at Dubai World Trade Centre. .... Read more »

Posted on : 9/20/2016

UAE exports tipped to hit Dhs1.3 trillion this year

The value of the UAE’s exports of goods and services is on the rise, the Ministry of Economy (MoE) has said. News agency WAM reported that the MoE is predicting that exports will top Dhs1.3 trillion for 2016 – up from by Dhs1.25 trillion in 2015. The prediction came in a report issued by the ministry on the development of foreign trade for the second quarter, ending June 2016. The quarterly report, includes details on the expected developments of UAE foreign trade, WAM reported..... Read more »

Posted on : 9/14/2016