Beauty, wellness industry bracing for dramatic growth in Middle East, North Africa

Euromonitor International recently reported that the beauty and wellness market in the Middle East and Africa is expected to see a 6.4 percent rise over the next five years, with a total value of $34.7 billion by 2020. “That the region is a fast-growing beauty market is no surprise actually,” Ahmed Pauwels, CEO of Messe Frankfurt Middle East, recently told the Gulf News Journal. Read More »

Oman Air successfully implements maintenance software solution

Oman Air said it has been successfully operating on Swiss AviationSoftware's AMOS system since March. The aircraft maintenance and engineering system was deployed to enhance the airline's operational efficiency as well as decrease costs. "This ... will allow Oman Air to harness the latest technology as we deliver our award winning services," Ali Redha Al Lawatiya of Oman Air said. Read More »

Abu Dhabi’s Mubadala Development Company showcases its aerospace capabilities at Farnborough International Airshow

Mubadala Development Company, based in Abu Dhabi, featured its expanding aerospace technologies at the recent Farnborough International Airshow in the United Kingdom. Representatives from Mubadala's aerospace and engineering services sector, including Piaggio Aerospace, Sanad Aero Solutions and Strata Manufacturing, attended the airshow. Read More »

Al Hamra Real Estate Development garners major awards at the MEED Quality Awards for Projects

Al Hamra Real Estate Development (AHRED), a Ras Al Khaimah-based real estate developer, bagged both the Best Tourism and Leisure Project UAE and Best UAE Residential Property of the Year at the recent MEED Quality Awards for Projects .AHRED won the Best Tourism accolade for its Waldorf Astoria Ras Al Khaimah while its Bayti development garnered the Property of the Year award. Read More »

Carnegie Mellon University in Qatar grads win Tech Startup of the Year for medical care app

An app created by three graduates of Carnegie Mellon University in Qatar has taken top honors at the Qatar IT Business Awards, 2016.Haris Aghadi, Abdulla AlKhenji and Noshin Nisa from the information systems program at CMU-Q won Tech Startup of the Year at the awards event for developing Meddy, an app that offers valuable information on health officials and physicians in Qatar. Read More »

Bahrain Institute of Banking and Finance gets financial backing for Islamic finance e-learning platform

The Bahrain Institute of Banking and Finance (BIBF) said its development of an Islamic finance e-learning platform revolving around the standards issued by the Accounting and Auditing Organization for Islamic Financial Institutions will receive financial backing from Khaleeji Commercial Bank. BIBF hopes the platform will become a major reference in the Islamic finance industry. Read More »

Second edition of Dubai Smartpreneur Competition gets underway

The Dubai Chamber of Commerce and Industry is again teaming up with the Smart Dubai Office to promote innovation among young entrepreneurs in Dubai. Now in its second edition, the Smartpreneur Competition is seeking creative business ideas in the categories of living, the economy, mobility, people, environment and governance. The launch edition of the competition received 350 entries. Read More »

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