Business & Investments

EGA completes design phase of next generation smelting technology, readies pilot reduction cells

Abu Dhabi, United Arab Emirates: 16 July 2024: Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, today announced the completion of the design phase of the company’s next generation smelting technology, EX.

EX reduction cells are larger than EGA’s most recently industrialised technology DX+ Ultra, enabling higher amperage and improved current efficiency, increasing production capacity by up to 22 per cent.

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Real Estate

Binghatti Completes an Impressive Pipeline of Back-to-Back Projects in Jumeirah Village Circle

Dubai, UAE (Monday 15 July 2024) – leading Dubai-based developer Binghatti announces the early completion of Binghatti Corner, following closely on the heels of the recently completed Binghatti Emerald. Ribbon-cutting ceremonies were held to mark the early delivery of the projects in the presence of Binghatti’s Chairman, Muhammad BinGhatti.

The project saw tremendous success after having sold out shortly after its launch and having been completed ahead of the scheduled delivery. This milestone is attributed to Binghatti’s state-of-the-art manufacturing facilities which allow the developer to maintain full control over construction materials and processes, ensuring uncompromising quality and craftsmanship in tandem with speed of execution in construction.

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Real Estate

بن غاطي تُكمِل مجموعة رائعة من المشروعات التي أطلقتها في قرية جميرا الدائرية

بن غاطي تُكمِل مجموعة رائعة من المشروعات التي أطلقتها في قرية جميرا الدائرية

الانتهاء المبكر من مشروعي “بن غاطي كورنر” و”بن غاطي إميرالد”

دبي، الإمارات العربية المتحدة- الاثنين 15 يوليو 2024– أعلنت بن غاطي الشركة الرائدة للتطوير العقاري،عن الانتهاء المبكر من مشروع بن غاطي كورنر، وذلكبعداستكمالمشروع بن غاطي إميرالد الذي تم تنفيذه مؤخرًا. وأقيمت مراسم قص الشريط بمناسبة الانتهاء المبكر للمشروعين بحضوررئيس مجلس الإدارة، محمد بن غاطي.

حقق المشروع نجاحًا هائلًا عند بيعه بعد وقت قصير من إعلان إطلاقه واكتماله قبل الموعد المحدد للتسليم. ويرجع هذا الإنجاز إلى توفير مرافق التصنيع المتطورة في بن غاطي والتي تمنح المطورالتحكم الكاملفي تحديد المواد المستخدمة وتنفيذ عمليات البناء، إلى جانب ضمان الجودة والحرفية التي تحقق سرعة تسليم المشروعات قبل موعدها.

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Automibiles & Motoring

BMW Group posts strong growth in fully electric vehicles and upper premium segment in first half of 2024.

  • Deliveries of fully electric BMW vehicles grow by +34.1% in the first half of the year
  • Sales of BMW brand up +2.3% globally
  • Worldwide deliveries by the BMW Group totalled 1,213,359 units
  • Sales growth in Europe and North America

Dubai, UAE – July15, 2024. With 179,557 fully electric vehicles delivered, the BMW brand achieved a

+34.1% increase in BEV sales in the first half of 2024 compared to the previous year. Overall, the BMW brand grew by +2.3% compared to the previous year’s period with 1,096,486 units sold in the first half of the year. The brand thereby outperformed its traditional competitors and managed to significantly gain market share in Europe. In total, the BMW Group delivered 1,213,359 vehicles of the BMW and MINI brands in the first half of the year.

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Business & Investments

Middle East workforce embrace upskilling to thrive in the age of GenAI and climate change, says new PwC report

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  • 63% foresee tech disruption and 54% anticipate climate change impact on jobs.
  • Nearly half of the employees in the region are considering changing employers within the next 12 months.
  • Employees prioritise skills-growth: Nearly two-thirds (61%) of employees say they need to learn new tools and technologies to perform their jobs.
  • More than 25% of regional workers use GenAI regularly at work while demonstrating recognition of its risks, such as bias (64%) and misleading information (56%).
  • More regional (81%) than global (65%) employees value flexibility at work, while 81% of regional workers say they work remotely with their employers’ approval.

Dubai, United Arab Emirates – 15 July 2024 – Employees in the Middle East are actively embracing transformation and showing greater alignment with their organisations’ long-term goals than their global counterparts. According to the latest PwC Middle East Workforce Hopes & Fears Survey 2024, a remarkable 85% of more than 1,500 regional employees clearly understand their organisations’ goals, surpassing the global average of 77%. Additionally, there is a high level of trust in leadership, with 80% of employees expressing confidence in their leaders’ ability to fulfil commitments and promises, higher than the global average of 68%.

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