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How digital transformation is taking root within the construction industry

The pandemic has turbo-charged digital transformation. Is the construction industry ready to harness the full potential of the available technology?

Digital Tranformation

The digital revolution in the Middle East

Gartner predicts that the IT spending in the MENA region is set to grow 4.5 per cent annually and reach $171.3bn this year as businesses increasingly digitise amid pandemic

Etihad

Etihad raises $1.2bn in aviation’s first sustainability-linked ESG loan

Loan terms tied to targets to reduce CO2 emissions, increase corporate governance and promote female participation

UAE reports 126 Covid-19 cases, 163 recoveries

The nationwide case count has risen to 738,152

Abu-Dhabi

New Dhs5bn Abu Dhabi IPO fund launched to support SMEs

The fund will invest in five to 10 private companies per year

Germany

Travellers from UAE and Bahrain can now travel to Germany irrespective of vaccination status

The latest decision to add the two countries to the German safe list was based on a recommendation of the Council of the European Union

Rivoli Vision

Rivoli launches dedicated eyewear division in the GCC

Rivoli Vision expects 100 stores to be opened by early 2022 across its three eyewear retail concepts: Avanti, Rivoli Eyezone and Style 88

GITEX Global: What’s new in 2021?

The region’s largest IT exhibition has been defining the newest trends, and displaying product developments from across the world for over 40 years

Mashreq NEO to become UAE’s first digital bank to use facial recognition for account opening

Mashreq NEO has collaborated with the UAE’s Ministry of Interior to introduce a face biometric-based digital account opening process

Sharjah

Sharjah private schools must return to 50% in-classroom learning before Oct 31

The Sharjah Private Education Authority will continue intensive inspections of the precautionary measures implemented in schools until October 31

Sheikh Mohammed bin Rashid Al Maktoum

Sheikh Mohammed approves Dhs290bn UAE general budget for 2022-2026

It includes a budget of Dhs58.931bn for 2022, of which 41.2 per cent will be allocated for the development and social benefits sector

GITEX Global: Interview with Mohammad Meraj Hoda, VP of business development – MEA, Ring

The awareness and demand for smart home security devices such as video doorbells and security cameras is growing across the region

Abu Dhabi Investment Office, AWS launch cloud training programme

SME-targeted programme will analyse skill gaps, deliver cloud strategy and provide access to digital training content, assessments and reporting

merger and acquisition

Forcepoint acquires Bitglass to strengthen its SASE platform

Over the past five years, Bitglass has delivered 99.99 per cent availability, ensuring users can securely access the resources they need to be productive

Accenture opens technology innovation showcase at Expo 2020 Dubai

Accenture Exchange provides visitors the opportunity to learn more about company’s technology solutions and its role in bringing the Expo to life

Frank Dai named new president of Huawei Cloud Middle East

The cloud division aims to provide the best public cloud services in the region including optimal latency and ultimate experience

emirates expo 2020 dubai

Emirates A380 to perform two low level flypasts over Dubai this week

The aircraft will fly over Sheikh Zayed Road and the Expo 2020 Dubai site

Will the future of work be defined by employee experience?

The acquisition and retention of great talent requires great foresight

UAE reports 136 Covid-19 cases, 174 recoveries

The total number of recorded cases has risen to 738,026

UAE-based Impact Entertainment Media launches with focus on social programming

It has over 45 innovative show concepts in creative development, including dating shows with a difference, adventure, impact investment and climate-conscious competitions

Dubai’s DP World ties up with CDC Group to create Africa investment platform

The platform will invest in origin and destination ports, inland container depots, economic zones and other logistics across Africa

Warner Bros Abu Dhabi

World’s first Warner Bros. hotel to open in Abu Dhabi on November 11

The hotel will be operated by Hilton under the Curio Collection brand

Pension of UAE nationals working in Abu Dhabi public schools will increase to 80% of salary

Free peer-to-peer learning coding school, 42 Abu Dhabi, inaugurated in the UAE

42 Abu Dhabi has been established in partnership with Abu Dhabi Department of Education and Knowledge under the Ghadan 21 accelerator programme

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum

Sheikh Hamdan launches Dubai Future Solutions challenge to spur innovation

Dubai Future Foundation has allocated prizes totaling $10m for selected projects

UAE reports 124 Covid-19 cases, 182 recoveries

The total number of recorded cases has risen to 737,890

Expo 2020 Dubai receives 411,768 ticketed visits in first 10 days

The mega event commenced on October 1, and will run until March 31, 2022

Israel plans to reopen to vaccinated tourists in Nov, hopes to attract many from the UAE

Israel is hoping that its pavilion at Expo 2020 Dubai will serve as a platform to attract visitors

Dubai Police cocaine

Dubai Police foil Dhs500m cocaine smuggling attempt

Operation Scorpion thwarted an attempt to smuggle 500kg of pure cocaine into the country

Dubai

Dubai’s Department of Finance announces new PPP projects worth Dhs25bn

It includes more than 30 projects in the infrastructure, public transportation and urban development sectors

GITEX Global: Interview with Moussalam Dalati, GM, Liferay Middle East

DXP plays a major role in preventing data breach and protecting customers’ data, providing greater privacy and more control over the information being shared at the backend and by the visitors