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Sharjah Chamber explores strengthening economic relations with the United States

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The Sharjah Chamber of Commerce and Industry (SCCI) held discussions with the commercial office of the Consulate General of the United States in Dubai on enhancing economic relations between the emirate of Sharjah and the United States, as well as increasing trade and mutual cooperation between the business communities of both sides.

These discussions took place during a business meeting held on Monday at the Sharjah Chamber. The meeting was held between HE Abdallah Sultan Al Owais, Chairman of the SCCI; and Mr. Shakir Farsakh, Commercial Officer at the US Consulate, where the two sides explored avenues of mutual investment and the exchange of expertise in the areas of entrepreneurship, innovation and advanced industries.

From the chamber, the meeting was attended by HE Ziad Mahmoud Khairallah Al-Hajji, Honorary Treasurer of the SCCI Board of Directors; HE Mohamed Rashid Ali Demas, Board Member of the SCCI; and HE Mohamed Ahmed Amin, Acting Director-General of the SCCI. From the US Consulate side, the meeting was attended by Mr. T’Errance Favors, Economics Officer at the US Consulate; and Mr. Ashok S Josh, a Commercial Specialist.

HE Abdallah Sultan Al Owais, Chairman of the SCCI, stated that the meeting comes as part of the chamber’s efforts to enhance its cooperation with the commercial office of the Consulate General of the United States in various avenues, which helps to develop the growing relations between the two friendly countries and contribute in creating partnerships between the business communities of both sides.

Al Owais added that the chamber has reviewed ways to increase mutual investments and partnerships in joint projects between Sharjah and the United States, and that it has reviewed the most prominent incentives and facilities offered by Sharjah to investors, which is what makes Sharjah an attractive destination for investment, especially for companies seeking to strengthen their presence across the region.

Mr. Shakir Farsakh, Commercial Officer at the US Consulate, stressed the depth of the friendly relations between the USA and the UAE. He expressed that the commercial office of the Consulate General of the United States in Dubai is keen to continuously develop its relations with the Sharjah Chamber, which contributes in enhancing the communication between the two sides in order to improve the level of economic cooperation and trade between the two countries.

Farsakh praised the efforts of the Sharjah chamber in developing the relations between the emirate of Sharjah and the United States. He pointed out that the commercial office of the Consulate General of the United States in Dubai is committed to pushing the relations between the business communities of both the United States and the UAE forward in order to benefit from the promising investment opportunities that are available to both sides.

The total volume of non-oil trade between the two countries reached $30.6 billion during 2017, representing a growth rate of more than 19% over a period of 5 years from 2012 to 2017. The volume of US investments in the UAE reached $5.2 billion by the end of 2016, which make the United States the third largest investor in the UAE.

The value of direct Emirati investments in the US market amount to $27.5 billion, while the total value of Emirati investment in the United States is estimated to be around $100 billion. The investments of Emirati companies in the United States are concentrated in value-added industries such as the pharmaceutical, infrastructure and transportation industries.

The bilateral trade relations between the two countries are concentrated in vital sectors such as aviation, health care, technology, and construction. Furthermore, Emirati airline companies are among the largest buyers of American Boeing airplanes in the world.

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Middle East’s Interest-Free Payment PlatformDeveloped in Turkey

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MenaPay, the next generation payment platform based on the Blockchain, provides fast, reliable and financial services to Islamic financial institutions that are vulnerable to MENA region users who have difficulty accessing banking services.

Blockchain-based payment platform MenaPay, has developed in Turkey, will be launched in the whole region on

January 15, 2019, as an innovative payment method in accordance with the Islamic finance principles of the

MENA region, which has difficulty in accessing traditional banking services. Thanks to Blockchain technology, the

MenaPay Payment Platform, which enables people to make secure and fast payment transactions in every aspect of

their daily lives without a bank, works on a free application downloaded to smartphones and serves as a priority

payment method to the users of the MENA region who cannot use the bank.

At the beginning of 2018, the Middle East’s successful business people to invest from seed taken from the road to

the MenaPay in Turkey, including technical staff of 15 people in a year, reaching a 35 -person team has completed

the product development process. BADEER and Turkey Blockchain Summit as prestigious events in investors and

faced with intense interest of the participants MenaPay Islamic finance accordance with the principles, blockchain

-based, transparent, bringing the first payment solution that does not secure and should the bank.

The new common currency of 18 countries: MenaCash

The MenaPay Payment Platform, which opens the door to digital transformation in the payment area in the Middle

East, can easily provide user trust and system transparency thanks to the controllability of blockchain technology.

Money transfers and money inflows are controlled by independent auditing companies in the MenaPay Payment

Platform. With MenaPash Payment Platform, which offers a transparent payment infrastructure with no more than 2

witness systems, MenaCash provides a secure and fast way to complete all transactions via blockchain technology.

MenaPay; e-commerce shopping, retail stores, and person-to-person transfer operations are needed in every

aspect of daily life is provided without credit card use. The currency used on the platform MenaCash provides a

common currency for the Middle East and North Africa regions, each comprising 18 different countries, each using

a different currency. In this way, cross-border transfers in the region become much faster and easier. Money transfer between two countries takes only 5 seconds

CPO of MenaPay Orhan Bayram said that ‘’MenaPay Payment Platform is designed to be used in the daily needs of

the people and to provide a cultural adaptation specific to the region, as well as offering an integrated business

system solution to its users. With MenaPay QR code payment system, all transactions take place in maximum 5

seconds with blockchain infrastructure. With an innovative approach, we will reduce the cash usage rates of the

MENA region and build the world’s largest cashless society in the MENA region using blockchain technology.’’

emphasized the value brought by the platform. The MenaPay Mobile App is available to all iOS and Android users on January 15th The application contains 4 different products. With the MenaPay Mobile App, users can enter the world of crypto money in seconds, enjoy the fast and secure payment experience with the blockchain infrastructure and use MenaPay as the primary payment method in all aspects of their daily lives.

With the MenaPay Reseller Network, the digital transformation of cash will be realized.

Aiming to be available in many areas of the MENA region, it agreed with more than 50 workplaces that will convert cash into MenaCash (Digital currency) in seconds. The workplaces that have been approved by the Ministry of Finance will be able to obtain MenaCash via credit card or Wire transfer from the MenaPay Foundation and sell MenaCash in their workplaces. MenaCash workplaces will receive a commission from the MenaPay Foundation and will have an additional income model and may create detailed reports on the insights of their customers.

Thanks to MenaPay Business Platform, workplaces and shops will be able to easily reach their customers’

needs and consumption behavior s and follows their own revenues and sales on a single panel. Businesses places and vendors participating in the MenaPay Reseller Network can easily integrate with their MenaPay APIs to begin receiving payments, can easily complete their registration process and Profile Verification via both mobile and computer. Another feature of the application, The MenaPay Development support team helps the vendors integrate through live support on the board

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Lockheed Martin to Showcase Advanced Energy Solutions at World Future Energy Summit 2019

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Lockheed Martin (NYSE: LMT), the US-based global technology leader, will exhibit its diverse energy portfolio at the twelfth annual World Future Energy Summit (WFES) held between 14-17 January during Abu Dhabi Sustainability Week (ADSW) 2019.

Hosted by Masdar, Abu Dhabi’s future energy company, WFES is the anchor event for ADSW and a global industry platform connecting business and innovation in energy, clean technology and efficiency for a sustainable future. Lockheed Martin’s energy business subject matter experts will demonstrate the company’s cutting-edge technology and latest innovations, which are capable of supporting the sustainable and secure long-term development of economies in the Middle East, and beyond.

This year at WFES, Caleb Waugh, the Head of Business Analytics for Energy Storage Lockheed Martin, will discuss ‘Energy Storage and the Road to a Sustainable Future’ during a panel discussion. Mr. Waugh will highlight over a century of Lockheed Martin’s experience in providing efficient energy management solutions and systems integration programs for a variety of customers, including utilities, independent power producers, commercial and industrial partners and developers in both the public and private sectors. The technology giant will also feature its trademark Lithium Ion Battery, Flow Battery and Waste-to-Energy technology at the exhibition.

Commenting on the company’s participation at WFES, Dan Norton, Vice President of Strategy, Business Development and Energy at Lockheed Martin, said: “At Lockheed Martin, we consider sustainable, resilient and efficient energy management as a fundamental pillar supporting global progress and security. We are proud of our long history in promoting a range of holistic energy solutions that are rooted in our core business focus: advanced technology and innovation. Platforms such as WFES provide a great opportunity for us to showcase these products and services to a truly international audience, while allowing us to re-engage with our local and regional partners.”

Lockheed Martin is currently working on an innovative long-duration energy storage solution: a novel coordinated chemistry flow battery, where energy is stored in an aqueous solution that is a much safer and more affordable method of storing energy for longer periods. The company will be displaying a model of the flow battery along with its other products and solutions at Stand 5000 inside the Abu Dhabi National Exhibition Center (ADNEC).

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HP Opens CES 2019 with Stunning Displays, PCs and Security Innovations

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Showcases amazing new experiences for changing workplaces, modern lifestyles, and immersive gaming

  • Unveils displays across consumer portfolio, including the world’s first Quantum Dot on glass display.
  • Extends workplace and security leadership with new Elite innovations, including the world’s brightest business convertible, the world’s first 23.8-inch display with an integrated privacy screen, and the world’s first AiO with an integrated privacy screen.
  • Takes gaming to new heights with the OMEN X Emperium 65 with Soundbar.

At CES 2019, HP introduced a series of bold new product innovations thoughtfully designed for the changing ways people live, work, and play.

HP’s latest products provide powerful new ways for customers to connect, create, and compete – including a lineup of new Elite innovations featuring the next generation of the award-winning Sure View privacy screen; and, the jaw-dropping OMEN X Emperium 65 with Soundbar.

“This is an exciting era of PC innovation, fueled by amazing new experiences across all aspects of our lives. HP is leading the category into the future with incredibly immersive displays that bring computing to life in vivid detail and next-level performance, versatility and security that empowers people to connect with confidence from anywhere, anytime,” said Anne-Sophie Hadberg, General Manager, EMEA Personal Systems Business, HP Inc. “Whether it’s the industry-leading security features of our latest Elite innovations, or the game-changing additions to our OMEN ecosystem, HP’s CES 2019 lineup is reinventing possibilities for our customers.”

Technology Fueling Modern Lifestyles

HP unveiled a new line of Pavilion displays that immerse users in whatever they are creating or watching. The HP Pavilion 27 Quantum Dot is the world’s first Quantum Dot on glass display1, offering over a billion viewable colors. The HP Pavilion 27 FHD offers a variety of unique features including built-in B&O audio and a pop-up privacy camera, and the HP Pavilion 32 QHD is a dynamic display with immersive QHD resolution and stunning vantage points from almost any angle.

In addition to its display innovations, HP announced complementary accessories. A new, ultra-slim HP ENVY USB-C™ Hub enables pass-through charging to your notebook with two USB-A charging ports as well as an HDMI 2.0 port with 4K resolution support. The company also introduced HP 15.6 Odyssey Backpack, designed for carrying HP laptops in style and available in two geometric color patterns.

Creating the Workplace of the Future

The way people work is changing with more open environments and connections from more places outside the office. Security is more important than ever to protect devices, identity, and data.

As part of this changing landscape, HP unveiled a more secure vision for the workplace of the future with the introduction of the third generation of its immensely popular HP Sure View integrated privacy screen[v]. New Elite products featuring HP Sure View Gen3 allow new ways of working while protecting sensitive information on the go, at desks, and around the office.

New products include the HP EliteBook x360 830 G5, the world’s brightest business convertible2, bringing x360 versatility mainstream for on-the-go workers. The HP EliteDisplay E243p Sure View Monitor is the world’s first display with an integrated privacy screen3 and instantly creates privacy in open workspaces. The HP EliteOne 800 AiO G5 is the world’s first AiO with an integrated privacy screen4 and packs desktop discrete graphics performance into a space-saving, sleek design.

Enabling Immersive Gaming Experiences

Today’s competitive gamer demands the newest cutting-edge innovations, with 97 percent of performance gamers purchasing devices that are easily upgradeable, and 71 percent of laptop gamers often connecting to a large screen. Understanding these key customer insights is what drives OMEN by HP to deliver deliver bold and exciting industry firsts that take gaming to new heights.

The OMEN X Emperium 65 Big Format Gaming Display with NVIDIA G-SYNC® HDR is the world’s first big format gaming display with a soundbar, taking the living room gaming experience to new and incredible places with a whopping 144 Hz refresh rate. The display also features the CES Innovation Award-winning OMEN X Emperium Soundbar, the world’s first big format gaming display with a soundbar. This 120 W marvel of technology comes with LOFAR™ Low Frequency Array, VRT™ Vibration Reduction Technology, and a three-way stereo crossover system – which when combined, negate the need for a separate subwoofer.

HP is also updating two of its best-selling OMEN PCs to take advantage of newest technology available. The latest OMEN 15 Laptop now boasts the addition of NVIDIA® GeForce RTX™ 20-series GPUs that delivers a whole new way to experience gaming on-the-go, and optional 802.11ax Wi-Fi, which combine to form a laptop built to excel in 2019. The newest version of the OMEN Obelisk Desktop goes into overdrive with the latest specs to handle the most rigorous games available. Now capable of up to 64GB of HyperX® Memory, up to NVIDIA® GeForce RTX™2080Ti graphics, up to a 9th Gen Intel® Core™ i9-9900K CPU, Dual SSD w/ RAID0, and liquid cooling, the OMEN Obelisk is ready for anything.

 Pricing and Availability

  • The Pavilion 27 Quantum Dot Display is expected to be available in March for an estimated street price of €429.
  • The HP Pavilion 27 FHD Display is available now for an estimated street price of €329.
  • The HP Pavilion 32 QHD Display is expected to be available in February for an estimated street price of €449.
  • The HP EliteBook x360 830 G5 is expected to be available in April. Pricing will be confirmed closer to availability.
  • The HP EliteDisplay E243p Sure View Monitor is expected to be available in March. Pricing will be confirmed closer to availability.
  • The HP EliteOne 800 G5 AiO is expected to be available in July. Pricing will be confirmed closer to availability.
  • The OMEN X Emperium 65 with integrated soundbar is expected to be available in March for an estimated street price of €4,799.
  • The refreshed OMEN 15 Laptop is expected to be available in February, starting at €1,699.
  • The refreshed OMEN Obelisk Desktop is expected to be available in March, starting at €799. Price will vary depending on configurations.
  • The HP 15.6 Odyssey Backpack is expected to be available in May, starting at €59.99.
  • The HP ENVY USB-C Hub is expected to be available in March, starting at €99.99

 

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2018: A Year of Major Achievements for Transguard

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Key milestones include the successful acquisition of G4S Cash Services,
 two new business launches and nearly AED 3 billion in contracts

Transguard Group delivered an impressive year of results in 2018, with two new business launches, major contract wins and a key acquisition as significant highlights.

“My team has worked incredibly hard over the last year to deliver not only major growth in every business unit but also to develop new opportunities for Transguard, and the results are not only impressive but very exciting,” said Greg Ward, Managing Director. “We’ve accomplished all of this while providing our new and existing customers with the highest level of service, something that we don’t take for granted.”

Among the highlights of 2018, the late December acquisition of Abu Dhabi-based G4S Cash Services effectively positioned Transguard Cash as the nation’s most prolific cash management provider. The acquisition (which saw Transguard take on all customers, more than 500 employees, a number of cash vans and a cash centre) has been widely hailed as a strategic step in the development of Transguard, an Emirates Group company.

New business offerings were also big news for Transguard in 2018: The first, Transguard Delivery, which was launched in February and offers 4- and 9-hour guaranteed deliveries in Dubai, has swiftly become the preferred delivery company for the emirate’s SMEs. In November, Transguard Security added Executive Protection to its portfolio, a new division that offers individually tailored personal security solutions for prominent business leaders, government officials, celebrities and families, with super model Naomi Campbell and Arabic singer Nancy Ajram among its first assignments.

Staff development continued to act as a key theme for Transguard, with employees completing nearly 600,000 training hours in the company’s purpose-built Centre of Excellence. “The market is changing very swiftly, with cost being the obvious driver,” explained Alex MacDonald, Transguard’s Director of Manpower Solutions. “Transguard has taken the unique position of going back to what made us a preferred supplier in the first place: that is, our people. Every day we actively work toward creating a staff that is so well trained that we are the first choice for our customers. That helps reinforce our mission to fully up-skill our people, to innovate in all we do and above all, to deliver fantastic service, which our clients appreciate and is something that our staff can be proud of.”

Another milestone for Transguard was securing nearly AED3 billion in contracts in 2018, both locally- and internationally-based, including renewals and new account wins. “Our Integrated Facilities Services (IFS) division experienced a particularly robust year, with AED 168 million in contracts on the books and continuing growth in various sectors, including major shopping malls in Dubai and Abu Dhabi, as well as popular residential areas in Dubai,” said Stephen Beesley, Transguard’s Chief Operations Officer.

“What sets Transguard apart from other providers is our broad portfolio, which allows us to complement our facilities management services with other offerings, such as security and manpower; this diversity empowers us to continue growing in other areas. For example, Transguard’s combined service portfolio has a very strong presence in the aviation sector, where we work with three of the country’s largest airlines, as well as Dubai’s premier air service provider, for a combined contract value of AED440 million,” said Catherine Masters, Director of Aviation, Logistics and Transport.

“The retail sector has been another success story for Transguard this year, with AED 22 million in contracts for major malls in Dubai and Abu Dhabi,” added Tim Mundell, Transguard’s Chief Security Officer. “Real estate (AED 217 million) and hospitality (AED 76 million) have also had strong showings in 2018, and a strategic partnership with SAP has up-levelled our already strong ability to deploy the right manpower as required.”

Looking ahead, Ward is confident of the company’s continued growth in 2019, particularly in the digital sector. “We’ll be launching at least two new websites this year, as well as a unique app aimed at connecting our off-site employees with a number of services, such as digital payslips, annual leave requests and more,” he explained. “We’re constantly seeking ways we can use digital innovations to complement our people-based services and look forward to introducing these into the market very soon.”

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Smart City Services at Silicon Park Reach Advanced Level of Completion

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Smart Services to be delivered by du in Partnership with Orange Business Services

Smart living is set to become a reality soon as du, from Emirates Integrated Telecommunications Company (EITC), today announced that it is well on schedule to deliver smart city services at Silicon Park, Dubai’s first integrated smart city project taking shape at Dubai Silicon Oasis.

For the first time, du has partnered with Orange Business Services, the business services arm of the Orange Group, to deliver a complete range of smart city services for Silicon Park that is set for completion by Q1 2019.

Operationally, the main data centre infrastructure is already up and running, and over a third of all services are now in various stages of implementation. It is estimated that by the end of Q4 2018, the Internet of Things (IoT) gateways will be commissioned. This will be crucial in driving smart management of environmental practices at Silicon Park.

Farid Faraidooni, Deputy CEO, ICT Solutions, Emirates Integrated Telecommunications Company (EITC), said: “Smart City services constitute our biggest opportunity to enhance the UAE’s position as a global hub for tourism, commerce and as a happy place to live. We are already engaged with Abu Dhabi, Ajman and other emirates in building smart ecosystems in the UAE. Silicon Park is among the most eagerly-anticipated smart living projects in the Middle East region and once delivered, it will act as a significant milestone in realising the vision of Smart Dubai. It showcases our metamorphosis into a credible, integrated ICT services provider and demonstrates inherent strengths and the value that telcos can bring in delivering such ambitious and complex projects.”

Luc Serviant, Vice President – Middle East & Africa, Orange Business Services, said: “We are invested in the future of several of the Middle East region’s smart city projects. We are also one of six strategic partners in Dubai Silicon Oasis Authority’s Dubai Smart City Accelerator. Our end-to-end approach means that we offer solutions across a wide spectrum – from government services, public services, smart parking, smart metering and many more. Our partnership with du combines our global expertise with local insights and experience to contribute to the development of Silicon Park that is set to become Dubai’s first smart city.”

For his part, Engineer Muammar Al Katheeri, Executive Vice President of Engineering and Smart City at Dubai Silicon Oasis Authority, said: “Silicon Park has been conceptualised to leverage smart technology that is central to its DNA. Comprising state-of-the-art infrastructure and amenities, Silicon Park is set to provide 60 smart services with an investment of AED 100 million, in line with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to transform Dubai into the smartest and happiest city in the world.”

He added: “We are delighted with the attention to detail and high calibre of professionalism the du and Orange Business Services teams are delivering. Their commitment has brought us closer to making smart working & living a reality.”

Smart solutions by du, in partnership with Orange Business Services, are designed to boost productivity and efficiency, even while lowering risks across Silicon Park. Some of these solutions are outlined below:

  1. Operational Management System and Integrated Operations Centre: A network management system that acts as the central nervous system for the smart district. It helps operators consolidate all information from installed smart devices on the park. This enables them to react quickly in dealing with any technical problems and optimise the operational efficiency of district assets.
  2. Community Portal: A web gateway that streamlines the experience of residents and clients trying to access the facilities of the district.
  3. Energy Management Solution: This helps companies at the park manage the energy efficiency of their occupied spaces, paving the way towards predictive energy management services.
  4. Enterprise Application Integration Solution: An information and messaging hub connecting all enterprise applications in a seamless information exchange network.
  5. Project Management Office: To ensure timely and high-quality delivery of the programme, the office will coordinate with multiple stakeholders and all contractors, including DSOA’s ICT division, DSOA’s operations division, architects, and the external ICT vendors who are contributing to the technology and infrastructure operation.
  6. Enterprise Architecture Office: This lays down the architectural guidelines for the technology master plan of the district and drives the whole systems engineering process, while observing widely accepted frameworks (TOGAF).

Once launched, Silicon Park that is constructed with an investment of 1.4 billion, will be supported by smart energy solutions, environmentally sustainable mobility, and smart public amenities and services, all devoted to creating a high quality of life for people living, working and visiting the project. Keeping the objectives of the UAE Vision 2021 in mind, Silicon Park also reflects global trends for smart cities and incorporates most of the KPIs of the UAE National Agenda, including cohesive society, safe public & sustainable environment, and a modern holistic lifestyle. More information is available on https://www.dsoa.ae/en/facilities/silicon-park/

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Record International Participation at NAVDEX 2019

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  • Event held concurrently with the International Defense Exhibition (IDEX)
  • Participating naval units increases 66% and the area allocated for shows increases 20%
  • More than 100 exhibitors from 23 countries

The next edition of NAVDEX 2019, held under the patronage of His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE and Supreme Commander of the Armed Forces, will witness a record number of international and local participant companies specialised in the maritime defence industry.

Held at the Abu Dhabi National Exhibition Centre (ADNEC) concurrently with the International Defense Exhibition (IDEX) from 17-21 February, the number of participating military units for NAVDEX is expected to increase by 66 per cent to 20 units from 15 countries. Displays will range from frigates, supply vessels and transport vessels to naval minehunters and naval patrol boats.

The 2019 edition will also see the participation of four countries for the first time including China, Saudi Arabia, Thailand and South Korea.

A transportation shuttle will link events held in the free port area, where large ships will dock, and the exhibition site and marine channel. This edition will also open the ships for visitors wanting to climb aboard the ships to learn about their capabilities.

NAVDEX, the most important maritime defence exhibition in the Middle East, is expected to showcase the most advanced maritime defence systems in addition to displaying marine defence units and equipment. More than 100 companies will be on site to present their most sophisticated products to take advantage of the opportunities offered by the exhibition for deals and partnerships between international companies.

His Excellency Staff Major General Pilot Faris Khalaf Al Mazrouei, Chairman of Higher Organising Committee of IDEX and NAVDEX 2019, said: “The significance of NAVDEX as an international exhibition specialised in maritime defense is steadily increasing. The maritime defence sector is witnessing rapid development in terms of modern innovations and advanced technologies that compels   professionals and personnel in this strategic sector to stay informed of the latest developments and technologies in maritime systems and equipment.  NAVDEX offers that opportunity”.

His Excellency added: “We look forward to this larger version of NAVDEX with wider international and local participation that reflect the extent of developments by the UAE defence industries, now one of the leaders of this field in the region thanks to the support and directions of the UAE wise leadership”.

For his part, Hamid Matar Al Dhaheri, Group CEO of the Abu Dhabi National Exhibitions Company (ADNEC), said: “As part of ADNEC’s strategy to promote the status and future of all exhibitions and the conferences organised and held by the company at its various centres, ADNEC has worked on placing appropriate emphasis on the development of NAVDEX by expanding and developing the infrastructure of Abu Dhabi National Exhibition Centre marine channel to increase the space allocated for presentations by 20 per cent to reach approximately 40,000 square metres. This allows us to provide an ideal platform for participating companies to display their products and meet their needs, both in the exhibition halls and through ADNEC marine channel.

Al Dhaheri added: “The unprecedented interest shown by specialised global defense firms to participate in the upcoming editions of NAVDEX is the outcome of our comprehensive strategy which involved intensive marketing efforts to promote the exhibition at major international events. This has helped us attract several international companies that will mark their debut participation or expand presence in the forthcoming edition.”

Al Dhaheri also noted that NAVDEX is a real platform to showcase the latest products in the maritime defense sector due to its great global interest and the participation of various delegations and dignitaries, such as leaders of armies, decision-makers and those interested in maritime affairs in most countries of the world.  This is reflected positively by the participation of our exhibitors and adds value to this vital sector.

NAVDEX 2019 is sponsored by a group of national companies specialised in the defence industry, most notably the Emirates Defense Industries Company (EDIC), the strategic partner of the IDEX and NAVDEX 2019 exhibitions, in addition to the Abu Dhabi Ship Building Company (ADSB), the main partner of NAVDEX 2019.

Held on over 133,000 sqm. of internal and external area, the 2019 edition of NAVDEX and IDEX are expected to be the largest in their history as IDEX is set to mark its silver jubilee. It is worth noting that the previous edition saw the participation of more than 1,235 participating companies from 57 countries and produced concluding deals valued at more than AED19.7 billion.

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ASSOULINE PRESENTS ‘ROLEX: THE IMPOSSIBLE COLLECTION’ BY FABIENNE REYBAUD 

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“We want to be this first in the field and Rolex should be seen as the one and only – the best.” – Hands Wilsdorf

“He could not just wear a watch. It had to be a Rolex.” – Ian Fleming, Casino Royale

For more than a century, Rolex stands apart as the most coveted and most legendary brand of watches in the world. A Rolex connotes many things: the quintessence of the luxury timepiece, a tool of power for movers and shakers, the symbol of passage into adulthood. New labels pop up, styles come and go, but the brand at the top never changes. Ever the record setter—the Daytona that had belonged to Paul Newman was auctioned by Phillips in New York in October 2017 for $17.8 million—it comes as no surprise that Rolex is the most collected watch label in the world.

The history of Rolex is rooted in the visionary spirit of its founder, Hans Wilsdorf. In 1905, young Wilsdorf founded a company in London for the distribution of timepieces, but his true dream was to produce wristwatches—in their infancy at the time, and not very precise—that would be technically durable and reliable, and supremely elegant. The company first concentrated on producing the highest quality movements, and this quest for precision rapidly led to the first wristwatch in the world to receive the Swiss Certificate of Chronometric Precision, granted by the Official Watch Rating Centre in Bienne in 1910. Four years later, Kew Observatory in Great Britain awarded a Rolex watch a class A certificate, a distinction that had been previously reserved exclusively for marine chronometers. From that date forward, the Rolex wristwatch has been synonymous with precision. Over the last 100 years, Rolex milestones include: the first waterproof watch, the first self-winding mechanism, the first wristwatch to fly over Mt. Everest, the first diver’s watch waterproof to 100 meters, the first to withstand magnetic fields of 1,000 gauss, the first to descend the Mariana Trench.

Selected by specialist Fabienne Reybaud, each of the exceptional Rolex watch models in this beautiful handcrafted Ultimate Collection volume showcase the most valuable and technically innovative models the luxury watchmaker has produced, including watches never seen in print before: From the first wristwatch dating to the early 1900s and the first Oyster Perpetual from 1931, to an Explorer worn during Sir Edmund Hillary’s expedition to the summit of Mt. Everest in 1953 and the Submariner worn by actor George Lazenby in the James Bond film On Her Majesty’s Secret Service, they are sure to astonish collectors the world over.

Since 1993, Fabienne Reybaud has been senior editor of watches and jewelry at the French daily newspaper Le Figaro. Specializing in the luxury field, she has authored several books, including 100 Montres de Légende, with Frédéric Ramade (Solar, 1999); Watches: The Ultimate Guide (Assouline, 2006, 2010); The Nature of Chaumet (Assouline, 2016); and Casa Lopez: Un Art de Vivre, with Pierre Sauvage (Flammarion, 2018). In addition, Reybaud has worked as an independent journalist for the most prestigious names in the French press.

By Fabienne Reybaud
14 x 17 in – 35.5 x 42 cm | 194 pages | 200 illustrations | handcrafted in a luxury leather clamshell case with metal plaque
Price: AED 3300

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Emirates announces the appointment of 10 UAE Nationals to key commercial positions in the Middle East, GCC and Africa

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Emirates has announced a number of appointments to its commercial operations team across the Middle East, GCC and Africa, further demonstrating the airline’s commitment to strengthening its long-term commercial strategy and offer across these regions. All of the appointments bring Emirati talent into key leadership positions, either being promoted from within the organisation or through portfolio rotations, underpinning the airline’s commitment to career development and progression of its UAE Nationals. All of the new appointments are effective this week, starting 6 January.

Highlighting the importance of the new appointments to support Emirates’ efforts to strengthen its business in the Middle East and Africa, Thierry Antinori, Emirates’ Executive Vice President and Chief Commercial Officer said: “As we continue to develop our operations in the Middle East, GCC and Africa, the unique backgrounds, experience and skills of each newly appointed member of our commercial team will further strengthen our commercial and business operations and drive our strategic initiatives in a new year of growth. Their experience will also be instrumental as we focus on executing many of our commercial initiatives to pursue revenue opportunities, improve margin performance, as well as capture new consumer segments.”

Mohammad Lootah will be taking on the role of Manager Jordan. Mohammad joined Emirates in 2016 and has held commercial support management roles Riyadh and Kuwait.

Tariq Al Mutawa has been appointed as Manager Kuwait. Tariq has been with Emirates for eight years, holding roles in India, Bahrain and Qatar.

Hamad Al Ali, has been appointed to lead Emirates’ commercial activities as Manager Bahrain. Hamad joined Emirates in 2013 as a Commercial Support Manager and was posted in South Africa and Ethiopia. After that, he was assigned as manager Zambia where he executed and delivered the airline’s commercial activities in that market.

Omar Al Bushlaibi, will become Manager Oman. Omar joined Emirates in 2014 as part of the UAE National Commercial Management Programme, training in the UAE Sales Department, Istanbul, as well as Mumbai before holding the role of Commercial Support Manager in Dhaka, Bangladesh.

Nasser Bahlooq will be Manager Zimbabwe. Nasser joined the UAE National Commercial Management Programme in 2015, and was selected to manage the airline’s commercial activities in Yinchuan, China and most recently Yangon, Myanmar where he supported the route launch activities of the linked route to Phnom Penh, Cambodia.

Khalfan Al Salami, will hold the role of Manager Sudan. Khalfan joined Emirates in 2015 as part of the UAE National Commercial Management Programme, taking on further training and development in Emirates’ station in Madrid and most recently held the role of Commercial Support Manager Kuwait.

Marwan Al Marri will become Manager Riyadh. Marwan previously held the Commercial Support Manager position in Madina.

Fahad Bastaki, will take on the role of Manager Dammam. Fahad began his career with Emirates in 2015, and has also held commercial support positions in South Africa and most recently Zimbabwe.

Saeed Khalifa Bin Sulaiman will take on the role of Senior Manager, Abu Dhabi and Al Ain. Saeed previously held the role of Regional Manager East (Riyadh and Dammam) in the Kingdom of Saudi Arabia.

Omar Al Banna, will become Manager Sharjah and Northern Emirates. Omar started his career with Emirates in 2006, and has previously held the roles of managing commercial activities in Ethiopia, Tunisia, Jordan, Corporate Sales in the UAE and most recently managing the airline’s commercial operations in in Kuwait and Iraq.

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80% of EMEA Life Sciences Companies Found Candidates Misrepresenting Information on their CVs

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Up to 1 in 5 candidates across the EMEA Life Science’s industry have been found misrepresenting information on their job applications, according to recent findings by HireRight, a leading provider of global candidate pre-employment screening services. The findings have been released as part of HireRight’s 2018 EMEA Employment Screening Benchmark Report, which surveyed over 6,000 HR professionals across the EMEA, APAC and US regions.

Life Sciences, a field ranging from pharmaceuticals and biotechnology to food processing and environmental organisations, has witnessed huge growth in recent years, with the global pharmaceutical industry alone forecast to reach US 1.06 trillion by 2022, according to Deloitte’s 2018 Global Life Sciences Outlook. In line with this projection, 87% of EMEA Life Sciences organisations surveyed expect their workforce to grow in the next 12 months.

57% of EMEA Life Sciences organisations have reported that retaining good employees is one of the biggest challenges in the region, along with creating an employment brand that attracts talent (57%). As a result, over 50% of business have said they are investing in finding qualified job candidates and creating a positive corporate culture.

Companies in the Life Sciences industry tend to perform a variety of background checks on potential candidates to ensure the most qualified and skilled employees are hired, however, only around two thirds (67%) verify a candidate’s education and qualifications and only 75% said they check previous employment details and references.

The top benefits of employment screening experienced by companies in EMEA are improved regulatory compliance (71%), better quality of hires (43%), more consistent safety and security and greater employee retention, both at 29%.

“It is positive to see that the survey respondents recognise the value of conducting thorough background checks on potential employees yet it must become industry standard across the board,” said Steve Girdler, Managing Director of EMEA & APAC at HireRight.

“There are still 25% of EMEA companies not verifying a candidate’s previous employment history and this could have significant knock-on effects throughout individual industries. With ever-increasing scrutiny on businesses, adopting a few simple but effective steps as part of the hiring process would reduce the risk of discrepancies and potential scandals that can have a detrimental effect on the future of a company.”

 

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