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April 21, 2018

Boring may not be the first thing that comes to mind when thinking of growing a business.

But it does play an integral part of the thinking of the Kanoo Group, one of the UAE’s biggest family conglomerates that is grooming itself for expansion and getting a professional management to run the business while family members take care of shareholder issues.

“In any business you need exciting and you always need boring,” says chairman Mishal Kanoo, a fourth generation member of the family.

“Boring"...

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April 21, 2018

The planned hyperloop system in Abu Dhabi may be able to recoup the required investment in a time frame of as little as 10 to 15 years, according to Bibop Gresta, the chairman of HyperloopTT.

On Wednesday, HyperloopTT announced that it signed an agreement with Aldar Properties to allow the company to begin construction of a Hyperloop system in Aldar’s Seih Al Sdeirah landbank in Abu Dhabi, located near the emirate’s border with Dubai and the Expo 2020 site and Al Maktoum International Airport.

Construction will start on revolutionary transport system in Aldar's"...

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April 21, 2018

Smart Solutions and IT Technology (SSIT), a leading one-stop shop for office automation solutions and part of the Al Ahlia Group, has introduced an extensive range of Germany-based TA Triumph-Adler products to the UAE market.

SSIT is a joint venture between UAE-based Al Ahlia Group and New Generation Imaging (NGI).

TA Triumph-Alder’s tailor-made document and output management software solutions are designed to deliver the highest levels of quality, reliability, and value. Catering to small, medium, and large office requirements, the extensive product range of A4 and A3 mono and colour multifunctional and print systems includes over 40 models of printers and photocopiers delivering quality"...

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April 21, 2018

Dubai-based telecom provider recently announced its new Budget Smartphone Offer, which will allow companies to buy affordable devices for their employees through easy interest-free instalment plans of 12 or 24 months.

The instalments start from Dh10 per month ($2.72) and with zero upfront payments on selected budget 4G smartphones. With this special offer, du aims to provide innovative products that enable productivity and mobility at an affordable price, catering to the needs of business owners in the UAE.

“Our new Budget Smartphone Offer reflects our continued efforts to support SMEs in the UAE by helping them keep their employees connected with smartphones, and in turn improving their"...

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April 21, 2018

The BMW Group has achieved its best ever first-quarter sales with a total of 604,629 BMW, Mini and Rolls-Royce vehicles delivered to customers, up 3 per cent over last year. This is the first time the company has sold over 600,000 vehicles this early in a year.

This year March was the company’s best-ever single month for sales, with a total of 256,162 (+0.5 per cent) vehicles delivered, said a statement from the company.

BMW Group sales for the month were slightly affected by a sandstorm, which has delayed shipping of around 5,000 cars awaiting onward transport from the German port of Cuxhaven. As the situation at the port is still being assessed, it is likely that the April sales result"...

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April 21, 2018

InterContinental Hotels Group (IHG) has strengthened its partnership with Al-Futtaim with the opening of the Holiday Inn Dubai Festival City and the signing of a management agreement for Staybridge Suites Dubai Festival City, the company announced on Thursday.

The 508-room Holiday Inn Festival City is the largest Holiday Inn in Dubai, and features three F&B outlets, four meeting rooms and a 200-seat conference room at a location 10 minutes away from Dubai International Airport.

The new 160-room Starbridge Suites hotel will add a new brand to IHG and Al-Futtaim’s"...

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April 21, 2018

Hotel occupancies in Ras Al Khaimah averaged 79.4 percent in Q1 2018, the emirate’s highest ever hotel occupancies in a quarter, according to officials from the Ras Al Khaimah Tourism Development Authority (RAKTDA).

The figures represent a 4 percent increase over the same period in 2017.

According to RAKTDA, overall visitor numbers rose 12 percent in the first quarter compared to 2017. This increase was largely driven by an 18 percent year-on-year increase in international visitors, which now account for 70 percent of all visitors in RAK.

Visitors"...

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April 21, 2018

Retail giant Majid Al Futtaim on Thursday announced the launch of its flagship community in Dubai, Tilal Al Ghaf, revealing more details about the project.

The company said the mixed-use destination represents about AED14 billion ($3.8 billion) worth of investment over the next 10 years.

Authentic to the UAE culture, the community name – Tilal Al Ghaf – is inspired by the Ghaf tree which is a symbol of local heritage and sustainability.

Extensive plantings of indigenous Ghaf trees will"...

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April 21, 2018

Etihad Airways will introduce humanoid robot Sophia to the UAE as a spokesperson for the future of innovation and technology in aviation at Arabian Travel Market.

Sophia is the AI-powered robot famous for speaking at the UN and interviewing celebrities and world leaders alike.

She was named the United Nations Development Programme’s first ever Innovation Champion for Asia and the Pacific, and is also the first robot in the world to have a nationality, after being granted citizenship by Saudi Arabia.

Sophia"...

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April 21, 2018

Sonam Kapoor was in Dubai to celebrate 150 years of IWC Schaffhausen in the capacity of its brand ambassador. 'My grandmother used to have an IWC watch. I don't become a brand ambassador very easily. I am very picky,' said Sonam while talking to us on Wednesday evening, wearing a stunning diamond-studded watch. She spoke to us about her choice of not talking about her impending marriage with Anand Ahuja. When asked if she would make different role choices or product choices after getting married, Sonam replied: 'I don't think a man gets asked a question like this so I will refrain from answering that.' Touche.

'I hope"...

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