Infor, a global leader in business cloud software specialized by industry, has announced a partnership with QAD Precision, an industry-leading provider of global trade management and transportation execution software, to deliver multi-carrier parcel execution capabilities within the Infor Nexus global Network Transportation Management solution. Infor Nexus is the world’s largest single-instance, multi-enterprise supply chain cloud network business platform. Infor Nexus, rebranded earlier this year from GT Nexus, combines the power of the world-leading supply chain management network, with IoT and Infor Coleman AI to advance global enterprises on their path toward more intelligent, more autonomous supply chains. The Infor Nexus…
Author: Kasun Illankoon
By implementing state-of-the-art tools and adopting the highest safety standards, DAMAC Properties, one of the region’s leading luxury real estate developer, has significantly reduced safety risks across projects in the UAE and abroad. At AYKON City alone, the USD 2 billion luxury mixed-use project being developed on Sheikh Zayed Road, the developer has achieved 4.4 million safe hours. DAMAC’s consistently high health and safety performance is a result of the developer’s exemplary dedication to workers safety since its inception in 2002. Last year, at the DAMAC Towers by Paramount master development, the developer celebrated 25 million safe worker hours, which…
Dubai Aerospace Enterprise (DAE) Ltd. announced today that it had signed a US$300 million 7-year unsecured term loan with a group of six banks. Abu Dhabi Commercial Bank served as Initial Mandated Lead Arranger, Bookrunner and Underwriter. The loan will be used to repay secured debt and support the future financing needs of the business. Firoz Tarapore, Chief Executive Officer of DAE said: “We are pleased to enter into this loan led and arranged by Abu Dhabi Commercial Bank. This incremental unsecured loan further underpins our ambition to structure our funding and liquidity predominantly around unsecured debt. This transaction brings…
Almost 70% of UAE CEOs are actively disrupting their sectors in 2019 by making significant technological advances, from AI to cognitive computing, to grow their business and stay ahead of competition. This is according to the fifth edition of KPMG’s CEO Outlook report, which shows that disruptive technology, economic territorialism and climate change are some of the biggest challenges global and local businesses may be facing today. Despite 94% of both UAE and global CEOs expressing confidence in their own business’ growth prospects, fewer (63%) feel the same way about the global economy. Age-old businesses appear to have come under…
Dubai’s retail sector is undergoing a major transformation with the rise of e-commerce and evolving customer preferences shaping a new ‘retail logistics’ industry. A wave of innovative new real estate solutions in the logistics sector are creating alternative investment opportunities, reveals JLL’s new report, launched at Cityscape Global 2019. As a global leader in both retail and logistics, Dubai is well placed to leverage the retail industry’s rapidly changing dynamics including rising e-commerce, new disruptive technologies and evolving consumer tastes. To take full advantage of these trends, retailers are addressing the challenge of fulfilling increasing demand for online delivery while…
Dubai Municipality announced the launch of the advanced plant for power generation from biogas at Warsan Sewage Treatment plant. The first of its kind project in Dubai, using biogas to produce green energy, will be implemented in cooperation with Veolia, a global leader in water, energy and environment. The project is in line with the directives of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to implement a state-of-the-art infrastructure and the best technology. It also comes as part of the Municipality’s efforts to manage sewage treatment plants…
The Red Sea Development Company (TRSDC), the developer behind one of the world’s most ambitious tourism initiatives, and Saudi Arabian Airlines (Saudia) have signed a Memorandum of Understanding (MOU) at an exhibition hosted by the Saudi Commission for Tourism and National Heritage (SCTH). Under the MoU, signed by TRSDC CEO John Pagano and Saleh Bin Nasser Al-Jasser – Director General of Saudi Arabian Airlines Corp. the two organisations agree to a number of cooperative measures that will support the dual promotion and growth of both organisations.“We’re very pleased to sign this MoU with Saudia, a company with which we have…
Transguard Group has announced today the launch of its Graduate Programme for UAE Nationals. The one-year programme gives successful candidates an opportunity to develop business expertise, managerial skills and knowledge through on-the-job training, assessment, as well as gaining vital skills for the workplace such as teamwork and problem solving. “Transguard Group continues to be dedicated to investing in UAE talent, which is why we’ve launched the Graduate Programme for UAE Nationals to enable young UAE professionals to build their professional skills and grow their career,” said Greg Ward, Managing Director of Transguard Group. “The citizens of the UAE have always…
Dubai Real Estate Institute (DREI), the educational arm of Dubai Land Department (DLD), today signed a memorandum of understanding (MoU) with UAE-based regional law firm BSA Ahmad Bin Hezeem & Associates LLP (BSA), at Cityscape Global 2019. The MoU aims to develop professional skills in the real estate industry to promote Emiratisation and was signed by Hend Obaid Al Marri, CEO of DREI, and Dr Ahmad bin Hezeem, senior partner, BSA. Al Marri said: “We are pleased to be signing an MoU with BSA that will further consolidate our mission to educate and enlighten real estate professionals interested in the…
As well as his other businesses, John Suggitt also runs a smallholding with a small show flock of Greyface Dartmoor sheep, which he will use the TL43.80HF to provide feed for in the winter months. The new telehandler will also be a key machine to help in the construction of new stabling and agricultural buildings on the property. The TL43.80HF is road registered so that it can be driven between John’s different businesses, which include an industrial unit at Beeford, where the TL43.80HF is used to move heavy containers and caravans. The telescopic boom on the new TL43.80HF telehandler…