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
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
KATOWICE, Poland (AP) — The incoming leader of the World Anti-Doping Agency asked for more money. The International Olympic Committee said “Yes.” IOC president Thomas Bach pledged $10 million to fight doping in sports, half of which would go toward storing samples from pre-Olympics testing for 10 years and the other half toward investigations and research.
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
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.
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
From all indicators, robots as a service (RaaS) is growing rapidly. ABI Research predicts there will be 1.3 million installations of RaaS by 2026 generating $34 billion in revenue . Let’s look at what robots as a service entails, the reasons for its growth and some companies that offer RaaS solutions and the tasks it can support. Robots As A Service: A
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
It's a fact of life that most of us are going to be living in cities. According to the United Nations Department of Economic and Social Affairs, 68 percent of the world's population will live in cities by the year 2050. Research by U.S.-based McKinsey & Company shows that by 2025, 600 cities around the globe will together generate 60 percent of the
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
The travel industry is finally catching up with technology and that's set to change the way we holiday. Getty Images A driverless car picks you up from your home and drops you outside the terminal of the airport you’re flying from. Inside, you head for the check-in counter, where a machine scans your face, iris and fingerprints. A biometric token is
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
A child looks at chips designed for 5G base stations by Huawei on display at the China International Big Data Industry Expo 2019 in Guiyang, in a photo released by Xinhua News Agency. © HSINCHU, Taiwan/TAIPEI -- Huawei Technologies has reduced or canceled orders to major suppliers for components that go into its smartphones and telecom equipment following
NeoCon was held June 10-12, 2019 at The Mart in Chicago. Held June 10-12, 2019 at The Mart in Chicago, NeoCon is a much-anticipated event for the commercial design industry, where manufacturers showcase their newest products and designers can take advantage of educational seminars and a host of networking opportunities. This event was right in Furniture,
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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
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
Uber will launch passenger air services in Melbourne, Australia, the company said Tuesday. The city will be the third, after Dallas, Texas, and Los Angeles, California, in the US, to get the pilot projects. Uber also unveiled its first passenger drone prototypes at a conference this week. See those here . WASHINGTON, DC – Uber’s first air-travel market
– A + Goldman Sachs CEO David Solomon, who has been testing a beta version of Apple Card alongside employees at Goldman and Apple, is expecting high levels of consumer interest in the card based on early feedback. Speaking with CNBC anchor Carl Quintanilla at Recode's Code Conference on Tuesday, Solomon said he is personally test driving the banking giant's
By Clemi Hardie, Managing Director at Noodle Live As always, rumours were rife before this year’s Apple worldwide developers conference. Generally speaking, the company uses the keynote at the event to announce major updates and changes to their operating systems that will impact app developers and tech nerds around the world. This year, however, there were
Next week, NeoCon , the global platform for the world of commercial interiors, opens the doors to its 51st edition of the show. We’ll be there scouring the floors for the latest in design, trends, and ideas for commercial spaces – will you be there? NeoCon runs June 10-12 at The Mart in Chicago, IL and you can register here to attend . In the meantime, keep
Real Estate Homeowners Retail giant brings the tiny house trend to the masses – with free shipping, too! Some Americans apparently love to fantasize about an extreme downsize that reduces their personal space to the bare minimum and slashes their cost of living to a fraction of what it once was. Hence, the rise of the tiny house trend. How many people are
Storm clouds rolling across the ocean. (Courtesy NASA) A group of 17 architecture firms from across the United Kingdom, including Foster + Partners , Zaha Hadid Architects , David Chipperfield Architects , Rogers Stirk Harbour + Partners , released an open letter affirming their commitment to heading off climate chang e and building a more equitable future
This week, AI experts, politicians, and CEOs will gather to ask an important question: can the United States, China, or anyone else agree on how artificial intelligence should be used and controlled? The World Economic Forum, the international organization that brings together the world’s rich and powerful to discuss global issues at Davos each year, will
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A general view of the construction of the Olympic Village ahead of the Tokyo 2020 Olympic Games in Tokyo. BEHROUZ MEHRI/AFP Applications for the post-Games ownership of condominium units used as the Olympic Village during the 2020 Tokyo Olympics and Paralympics will be accepted from late July. The condominiums, located in Tokyo’s Harumi area, will be
LOS ANGELES (CNS) - Los Angeles Mayor Eric Garcetti announced the city has been awarded $43.6 million from the state for infrastructure improvements. The funds from the California Transportation Commission's Active Transportation Program will help create three miles of new bicycle and walking paths along the L.A. River in the West San Fernando Valley, and
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HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Aviation Authority (EAD) and Chairman of Emirates Airline, today officially inaugurated the first session of the World Artificial Intelligence Summit, held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Minister and Governor HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of
