All posts by uaenews247

Real Estate

Meraas awards AED 850 million construction contract for Bvlgari Lighthouse

Meraas awards AED 850 million construction contract for Bvlgari Lighthouse on Jumeira Bay Island

Dubai, UAE, 16 September 2024: Meraas, a member of Dubai Holding Real Estate, has awarded an AED 850 million contract for construction work of the Bvlgari Lighthouse on Jumeira Bay Island to Dutco Construction Co LLC.

With marine works now completed on this section of Jumeira Bay Island, construction will soon commence on the 27-storey luxury residential tower. Designed by world-renowned architecture firm Antonio Citterio Patricia Viel, Bvlgari Lighthouse is set to become one of the city’s most prestigious addresses and an exquisite highlight of the island.

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Business & Investments

Emirates NBD launches new initiative to boost investment in the UAE equity markets, supporting the growth of the UAE economy  

  • Bank aims to encourage investors to invest in domestic stocks, contributing to the growth of the national economy
  • Customers can now invest in the UAE equity markets with no transaction fees on ENBD X
  • Digital wealth platform on ENBD X provides customers fast, transparent and around-the-clock accessibility to the UAE equity markets  

Dubai, UAE, 16 September 2024: Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has introduced a new initiative enabling customers to invest in the UAE equity markets at zero transaction fees, thereby encouraging the growth of domestic stocks and boosting economic growth in the country.

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Business & Investments

BD and ATC Host First Kuwait Pharmacy Automation Conference to Showcase Innovations in Medication Management

Initiative focused on enhancing patient safety, streamlining workflows, and fostering a sustainable healthcare system through the integration of cutting-edge medical technology

Kuwait City, Kuwait, September 16, 2024 – BD (Becton, Dickinson and Company) (NYSE: BDX), one of the leading global medical technology companies, in collaboration with Advanced Technology Company (ATC) in Kuwait, hosted the inaugural Kuwait Pharmacy Automation Conference. Held at the Radisson Blu hotel, the event underscored BD’s commitment to revolutionizing medication management processes through the integration of advanced automation technologies.

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Business & Investments

Etihad Rail Freight and Trojan General Contracting Sign Haulage Services Agreement for Transportation of Aggregates

[Abu Dhabi, 16, September 2024] – Etihad Rail Freight, a subsidiary of Etihad Rail, the developer, and operator of the UAE National Rail Network, has signed a Haulage Services Agreement with Trojan General Contracting, a leading construction company in the UAE, specialising in delivering large-scale infrastructure, civil engineering, and building projects across various sectors, to provide comprehensive transportation and logistics services for their aggregates.

This strategic partnership reinforces Etihad Rail Freight’s commitment to enhancing connectivity, providing seamless, end-to-end supply chain solutions that drive efficiency and reliability across the UAE.

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Technologies

Epicor Emphasizes AI Strategy and Felicitates Regional Customers at Middle East Customer Connect Summit

Alshaya Group and Eurotech FZCO were recognised for their leadership in leveraging Epicor solutions to drive operational efficiency, innovation, and manufacturing excellence

Dubai, United Arab Emirates — September 16, 2024 — Epicor has hosted the second Middle East edition of its annual end-customer summit and awards, highlighting its work in augmenting solutions with AI to advance the industry towards the era of Cognitive ERP. The event brought together a considerable number of CIOs and IT decision-makers from the region’s leading manufacturing organisations.

Explaining how the entire notion of ERP is moving from a system of record to a people-centric system of action, Vibhu Kapoor, Regional Vice President – Middle East, Africa & India, Epicor, said, “ERP sits at the heart of an organisation, coordinating and managing core business processes across various departments. By infusing ERP systems with AI — what we at Epicor call Cognitive AI — industries are not just automating tasks but are enabling these systems to think, learn, and make decisions in ways that were previously the sole domain of human intelligence. This symbiosis between AI and ERP is not just an enhancement of existing processes but a redefinition of possibilities within industrial operations.”

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