KONE Corporation, a global leader in the elevator and escalator industry, has won an order to supply 17 elevators to B4 Grande, a new high-end residential tower located in the Opera Downtown District in Dubai, United Arab Emirates. The 287-meter and 72-storey high skyscraper will accommodate 882 luxury apartments as well as amenities and retails outlets
Ssangyong E&C CEO Kim Seok-joon (left) during his trip to Dubai last November (Ssangyong E&C) Chairman and CEO of Ssangyong Engineering & Construction Co. Kim Seok-joon is visiting Dubai in the midst of a pandemic to supervise the details of the company’s $1 billion Royal Atlantis Hotel project, the company said Thursday. Kim, who left for the
DUBAI, United Arab Emirates - Dubai is tapping the global financial market to potentially raise billions of dollars for the first time in years, a new bond prospectus shows, revealing the deepening toll of the coronavirus pandemic on its economy. From long-haul carrier Emirates to its delayed Expo 2020, the city-state in the United Arab Emirates is
COVID-19, United arab emirates, Ksa, Haj tourism, Expo 2020 dubai COVID-19 has had an enormous impact on the world economy, with the travel and tourism sector being the hardest hit by the fall-out from the pandemic. The countries in the region suspended all international flights and tourist visas. The hotels closed temporarily or acted as isolation centres
Society › Education › Technology › High technology › Health technology Finland’s cost-effective healthcare system and innovative society provide an excellent launching pad for healthtech startups. Aalto University The goal of the collaboration is to aid market entry into the Nordics and Europe for Korean health and wellbeing technology companies. The
From French soccer jerseys to slick online campaigns, Dubai is trumpeting the fact that it reopened for tourism on Tuesday — but what that means for this sheikhdom that relies on the dollars, pounds, rupees and yuan spent by travelers remains in question. With travel uncertain and the coronavirus still striking nations Dubai relies on for tourists, this
ASGC Group, one of Dubai’s largest builders, cut almost 15 per cent of its workforce as fallout from the coronavirus pandemic takes its toll on the Middle East’s construction industry. Almost 2,300 employees, including engineers and project managers, were dismissed this month, according to people with direct knowledge of the matter, who asked not to be
Founder and chairman of Dubai-based Danube Group, Rizwan Sajan. Dubai-based developer Rizwan Sajan said “it’s just a matter of time for the [construction] sector to come back” in the Gulf region, despite the impact of Covid-19 pandemic. The founder and chairman of Danube Group, which has launched multiple projects across Dubai, said the construction sector
If retailers are to bounce back after lockdown lifts, it will only be through establishing their premises not solely as experiential playgrounds, but also as trusted and transparent safe havens. This is important not only to inspire confidence in what are likely to now be hygiene hyper-conscious consumers, but also to ensure operations will be able to
A plexiglass shield at a pharmacy in Dortmund. Photo: DPA Touted as a simple but effective shield against coronavirus infections, transparent screens have sprung up at supermarket tills and pharmacies across Germany. For plexiglass manufacturer Claus Müller, business has never been better – but no one is celebrating. The Plexiglas Riesner processing plant in
The cost of owning private vehicles will rise. Citizens' demands for inclusive mobility are growing in volume. More public-private partnerships will form to address mobility issues. As the futurist Jim Dator has said: “Any useful statement about the future should at first seem ridiculous” - and this is true of mobility. I want to examine three current
Unfussy, sexy, and practical clothes are the story of the pre-fall 2020 collections, where the big ideas of spring 2020 have been synthesized into garments that prize wearability over flash. The most obvious case here is that of the red carpet blancmange dress, which has been pared back into manageable layers of tulle or plissé pleats, creating a more
Apple is on track to release the low-cost iPhone SE 2 and the new iPad Pro with rear 3D sensing in the first half of 2020, according to analyst Ming-Chi Kuo. This was first reported by MacRumors , that was able to see the research note by Kuo. He says that the iPad Pro 2020 will come with 3D sensing using the rear camera. Apple will likely use a ToF system,
Besix is working on Expo 2020 Dubai's Belgium and France pavilions. [representational image] Belgian construction group Besix, partly held by Egyptian contracting giant Orascom Construction, has recorded $4.97bn in standalone backlog for the first nine months ending 30 September 2019, marking a 40.3% increase Y-o-Y. According to Orascom’s nine month
UFI, the Global Association of the Exhibitions Industry, and the Oman Convention and Exhibition Centre (OCEC) have announced the launch of the first Exhibition Management Degree (EMD) programme in Muscat, Oman. The education programme is for professionals in the exhibition industry, and will run from 26-29 January 2020. UFI set up its first EMD in 2010 in
At the reception for the Korea National/Foundation Day hosted by the Consulate General of the Republic of Korea on Tuesday evening in Dubai. Mariecar Jara-Puyod, Senior Reporter The UAE and Korea will have much stronger bilateral ties as the host government gears up for, and as a result of, Expo 2020 Dubai. Korea’s Consul General to Dubai and the Northern
Residents in Dubai are expected to enjoy lower rents next year despite a pick-up in economic activity and preparation for Expo 2020 as more units will come online and increase competition in the market, experts say. Unlike a general perception that rents will go up ahead of Expo 2020, residents will be paying less rents due to a supply-and-demand correction,
What’s New: At the Apsara Conference 2019, Intel and Alibaba Cloud signed a strategic memorandum of understand (MoU). They announced the organizations would work closely on technology solutions in a variety of areas, including 3D Athlete Tracking (3DAT) for the Olympic Games Tokyo 2020, as well as 360 8K virtual reality (VR), 3D digital twinning and cloud
In line with the macroeconomy, exhibition industry growth continued during the second quarter of 2019 but at a slower pace, according to the Center for Exhibition Industry Research . The CEIR Total Index, which is a measure of exhibition industry performance, posted a year-over-year gain of 1.6 percent even though it underperformed against the overall
Guest blog- Why hotel developers are turning to event professionals to design their spaces Credit-Banyan Tree Mayakoba By Lauren Grech, CEO, LLG Agency & Adjunct Professor, New York University Hotel developers have recognised the need to create experiences within their hotel, resort or venue, meaning they are now redesigning the existing spaces within
Measured by revenue in 2018, seven of the world’s top 15 exhibition companies are based in Germany. The results come from a study completed in August 2019 by AUMA – the Association of the German Trade Fair Industry. The study is based on reported revenues from companies that solely operate as exhibition organisers, venues, or companies active in both fields.
Dubai-based construction firm Arabtec Holding is mulling a merger with Trojan Holding, a construction company in Abu Dhabi, it announced in a bourse statement on Tuesday. The two companies have “commenced a review of the possibility of combining their construction businesses”, Arabtec said. “In the event an agreement is reached between the two parties
Annie Mac Presents Lost & Found Festival 2019 Event Genius provided access control, ticketing, cashless wristbands etc. to the festival in May of this year Festicket has acquired ticketing and cashless company Event Genius for an undisclosed sum in a sale that also includes Ticket Arena, the consumer facing event marketplace of the Event Genius platform.
Blurred, defocused background of public exhibition hall. Business tradeshow or stock market, organization or company event, commercial trading fair, or shopping mall marketing advertisement concept Katherine Crowther, community co-ordinator at event management course provider The Event Academy, says the exhibition industry’s ‘recruitment issue’ may not be
Expo 2020 is expected to add almost 100,000 new jobs to the economy An independent report published earlier this year and commissioned by the Dubai government said that Expo 2020 will contribute more than Dh122.6 billion to the country’s economy by 2031. The report, by the consultancy EY, also stated that at its peak, Expo 2020 will generate business
Visitors at an exhibition in Louvre Abu Dhabi. The UAE capital is creating a Dh600 million fund to attract business and leisure events. Christopher Pike / The National Abu Dhabi is setting up a Dh600 million fund to attract entertainment and business events to the emirate, as part of wider plans to spur economic growth, draw foreign investors and boost
This is an excerpt from a story delivered exclusively to Business Insider Intelligence Digital Media Briefing subscribers. To receive the full story plus other insights each morning, click here. NBC — long-standing rights-holder for the Olympic Games — has inked a deal with Twitter to flow some live coverage of the 2020 Tokyo Olympics to the social platform,
The Amazon logo. (Denis Charlet/AFP/Getty Images) Congress is starting to talk about Amazon’s power. But Europe’s competition commission is already taking action. The European Union's antitrust enforcer announced yesterday it would launch a formal probe into whether Amazon is abusing its dual position as both a platform for individual sellers and a retailer
Neuralink, the secretive company bankrolled by Elon Musk to develop brain-computer interfaces , will provide its first public update later today in an event streamed over the internet. We're having an event next Tuesday in San Francisco to share a bit about what we've been working on the last two years, and we’ve reserved a few seats for the internet. Apply
Italian Exhibition Group (IEG), one of the major players at national and European level in the organisation of tradefairs and conferences, has made its debut on Mercato Telematico Azionario (MTA) of Borsa Italiana (Italy’s stock exchange). During the placement, IEG raised €19.9m. The company’s total 2018 turnover was approximately €160m. Barbara Lunghi,
A message reading "Tokyo 2020 We Believe", made up of 2,020 candles, is displayed at Zojoji temple in Tokyo September 5, 2013. LAUSANNE, SWITZERLAND - The Tokyo 2020 Olympics have generated record domestic sponsorship revenues of more than $3 billion, the International Olympic Committee said on Tuesday - three times more than any previous summer Games. There
Hollie Bowden The pervasive nature of modern technology has found its way into the interior design industry in unexpected and exciting ways. New digital platforms have been born out of niches that mirror the recent demands of the consumer (who has developed a penchant for vintage design pieces) alongside pressures from the wider industry to abolish waste and
New Samsung SMART LED Outdoor Displays Installed at One Times SquareDeliver a Powerful Visual Experience Samsung Electronics completed a massive state-of-the-art five-screen LED display installation at the iconic One Times Square building in New York City on May 31, 2019. The new high-end displays from Samsung measure more than 11,639 square feet
Paris 2024 Yesterday at the French Senate, Tony Estanguet, the President of the Paris 2024 Organising Committee, launched the Terre de Jeux 2024 label, aimed at local and regional authorities that want to be a part of the Olympic and Paralympic adventure and designed to introduce more sport into the everyday lives of the French population. Having outlined
Play Video Play Mute Current Time 0:00 / Duration Time 0:00 Loaded: 0% Progress: 0% Stream TypeLIVE Remaining Time -0:00 Playback Rate 1 Chapters Chapters descriptions off, selected Descriptions subtitles off, selected Subtitles captions settings, opens captions settings dialog captions off, selected Captions Audio Track Fullscreen This is a modal window.
Apple CEO Tim Cook speaks about the Mac Pro at the Apple Worldwide Developers Conference in San Jose, Calif., Monday, June 3, 2019. (AP Photo/Jeff Chiu) There have been reports that Apple (NASDAQ:AAPL) could acquire key parts of Intel’s German smartphone modem operations, as it looks to build its own 5G chips for the iPhone. Below, Trefis estimates the
SAN FRANCISCO,
June 14, 2019
/PRNewswire/ -- Today,
Heat, the full-service advertising agency owned by Deloitte, launched Heat AI, a first-of-its-kind practice that leverages artificial intelligence and machine learning to discover online trends and conversations that are predicted to grow in popularity 72 hours before they
Last year, Netflix announced an agreement with the C.S. Lewis Company to generate new adaptations of the author's enormously popular The Chronicles of Narnia series. The Netflix incarnation will take the form of both new films and new series focusing on Narnia and its many characters, and now the whole project has one mind at its center. Matthew Aldrich,
SoftBank's first Vision Fund has stakes in many of the world's leading technology companies, including Uber and WeWork SoftBank Group is working with Goldman Sachs Group to raise money for its second $100 billion technology investment fund and will begin formally soliciting investors in July, according to people familiar with the matter. SoftBank and its
The competitive package also includes preferential pricing and privileges on transactions among others Emirates NBD, one of the leading banks in the UAE and the official banking partner for Expo 2020 Dubai, today announced a customized Expo 2020 Dubai business banking package for the small and medium enterprises (SMEs) and startup companies in the UAE. All
