Non-oil private sector records strong growth in September — Emirates NBD UAE PMI

Updated 09 October 2017
Follow

Non-oil private sector records strong growth in September — Emirates NBD UAE PMI

Despite softening slightly in September, growth in the UAE’s non-oil private sector remained sharp and marked the strongest quarter recorded for two years, according to a new survey. The latest improvement in business conditions was driven by above-average expansions in both output and new orders. The UAE PMI survey reported that new business from abroad slipped back to contraction, indicating that the recovery was driven by domestic demand. On the price front, output charges fell, whilst input price inflation softened to a four-month low.
The survey, sponsored by Emirates NBD and produced by IHS Markit, contains original data collected from a monthly survey of business conditions in the UAE non-oil private sector.
Khatija Haque, head of MENA research at Emirates NBD, said: “Although the headline purchasing managers index eased slightly in September, the average reading for Q3 was the highest in two years, underpinned by strong growth in output and new work. The survey suggests that economic growth accelerated last quarter, and that domestic demand remains solid, despite relatively modest jobs growth.”
The headline seasonally adjusted Emirates NBD UAE Purchasing Managers’ Index (PMI) — a composite indicator designed to give an accurate overview of operating conditions in the non-oil private sector economy — eased from the 30-month high of 57.3 recorded in the preceding survey to 55.1 in September. Growth remained strong overall and steeper than the survey’s historical average. The average in Q3 2017 was 56.1, the strongest since Q3 2015 (56.3).
Firms in the non-oil private sector reported a sharp increase in output in September. The rate of growth was steep overall and above the series’ long-run average. The pace of expansion slowed from the four-month high registered in August.
Behind the latest rise in output requirements was strong underlying demand for goods and services produced in the UAE’s non-oil private sector, according to anecdotal evidence. A sharp expansion in incoming new work was signalled in September. However, survey data suggested that greater inflows of new work came from the domestic market instead of foreign sources, as indicated by the contraction in new export orders.
Employment levels continued to rise for the 17th month running in September. Companies in the UAE’s non-oil private sector reduced their output charges, according to the most recent survey data.


Riyadh Season to sponsor 2025 Drone Racing World Cup in Saudi Arabia

Updated 20 January 2025
Follow

Riyadh Season to sponsor 2025 Drone Racing World Cup in Saudi Arabia

Turki Alalshikh, chairman of the General Entertainment Authority, has announced Riyadh Season’s sponsorship of the 2025 Drone Racing World Cup, which will be hosted by Saudi Arabia from Jan. 23 to 25. The event is organized by the Saudi Federation for Cybersecurity, Programming, and Drones, in collaboration with the International Air Sports Federation.

The tournament, set to take place in the Boulevard City, will feature elite pilots from over 50 countries competing in thrilling races with speeds reaching 350 km/h. Winners will take home prizes exceeding SR1 million ($266,530).

This marks the inaugural championship of the Drone Racing World Cup series, which consists of rounds held in leading drone racing nations. Titles are awarded based on the best three results throughout the year.

Saudi Arabia is hosting the championship for the first time this year, following the previous edition held in South Korea last October. The 2025 series will also include rounds in countries such as South Korea, Italy, Germany, Spain, and Sweden.

Launched in 2016, the Drone Racing World Cup has captivated audiences worldwide with its exciting combination of emerging technology and sports.

Saudi Arabia’s hosting of this global event reflects its commitment to leadership in electronic sports and offers a golden opportunity for Saudi competitors to shine on an international stage.

Riyadh Season continues to present a wide array of events and entertainment options catering to diverse interests within the community.


World Police Summit to gather 17,000 security experts from 130 countries in Dubai

Updated 20 January 2025
Follow

World Police Summit to gather 17,000 security experts from 130 countries in Dubai

The World Police Summit 2025 will return for its 4th edition from May 13–15 at the Dubai World Trade Centre. The event is expected to gather more than 17,000 law enforcement and government specialists from 130 countries.

Organized by Dubai Police, the summit will be held under the patronage of Vice President and Prime Minister of the UAE and Ruler of Dubai Sheikh Mohammed bin Rashid Al-Maktoum.

The summit will bring together global thought leaders and experts in policing and security to address critical challenges and opportunities. It will also act as a vital forum for innovation, fostering collaboration between governments, private sector organizations, and global innovators to advance public safety and combat evolving threats.

Renowned for its focus on innovation, the summit’s exhibition will showcase pioneering solutions from leading international companies, including Samsung as the event’s strategic partner, alongside ESRI, Presight, and Thermo Fisher. More than 200 exhibitors specializing in security technologies, armored vehicles, marine safety systems, and surveillance solutions — such as Hikvision, Inkas Armored, AksumMarine, and Dahua Technology — will contribute to making this one of the largest and most impactful policing events on the global calendar.

Lt. Col. Dr. Rashid Hamdan Al-Ghafri, deputy director of the General Department of Forensics and Criminology for Administration Affairs at Dubai Police and chair of the summit’s general secretariat, said: “Dubai Police is honored to host the World Police Summit, a platform that unites influential leaders and specialists in law enforcement and security. The summit reaffirms our commitment to advancing global dialogue, sharing best practices, and encouraging innovation in policing to create safer communities worldwide. As we confront both current and future challenges, the summit offers an unmatched opportunity to form strategic partnerships and shape the future of public safety.”

The three-day summit will deliver an extensive program, with discussions covering 11 pivotal themes such as AI in policing, cybersecurity, organized crime, traffic safety, borderless policing, and anti-money laundering. Workshops, interactive sessions, and four specialized platforms will delve into emerging technologies, operational challenges, and strategies for enhancing global security. 


Honor Magic7 Pro arrives in MEA, showcasing power of AI

Updated 19 January 2025
Follow

Honor Magic7 Pro arrives in MEA, showcasing power of AI

Honor has launched the Magic7 Pro in Saudi Arabia and Dubai, featuring advanced AI capabilities that enhance photography, display quality, and hardware performance. The device comes with the Google Gemini app pre-installed, offering AI assistance for various tasks. George Zhao, CEO of Honor, highlighted the integration of on-device and cloud AI capabilities for a more intuitive and secure user experience. Honor also announced its partnership with Louvre Abu Dhabi for the exhibition “Kings and Queens of Africa: Forms and Figures of Power.”

Revolutionary photography

The Magic7 Pro boasts an advanced AI Falcon Camera System with a 50 MP Super Dynamic Main Camera, 50 MP Wide Camera, and 200 MP Telephoto Camera. The AI Honor Image Engine, the industry’s first mobile imaging system with Hybrid AI Large Models, provides sophisticated photography features, including AI Super Zoom, AI Motion Sensing Capture, and HD Super Burst.

Smart lifestyle

The Magic7 Pro offers a personalized interface with enhanced Magic Portal2 capabilities, supporting various applications. Gemini’s overlay provides quick access to Google AI assistance. The device includes AI Translation, Honor Notes with AI Summary, and AI Minutes for productivity. AI Dual-way Noise Reduction ensures clear communication. 

Unrivaled battery life

Powered by the Snapdragon 8 Elite Mobile Platform, the Magic7 Pro features AI Real-Time Rendering technology for PC-level graphics and responsive gaming. 

The 5,850 mAh silicon-carbon battery supports fast recharging with 100 W wired and 80 W wireless Honor SuperCharge. The device also includes a stereo speaker with enhanced bass and the Natural Light Honor AI Eye Comfort Display.

Availability

Pre-orders for the Magic7 Pro in the Kingdom have started at SR3,999 ($1,065), available in Lunar Shadow Grey, Breeze Blue, and Black. 

Pre-order customers get a package worth SR1,998, including the Honor Watch4 Pro (SR1,099) and Honor VIP Care+ (SR899) with 180 days replacement, 365 days screen protection, and four screen film replacements in 12 months.


Elm showcases smart solutions for pilgrims

Updated 19 January 2025
Follow

Elm showcases smart solutions for pilgrims

Elm, a digital solutions pioneer, concluded its participation as the strategic sponsor of the Hajj Conference and Exhibition 2025, held recently in Jeddah. 

The company showcased a wide range of technological and smart solutions to enhance the experience of Hajj and Umrah pilgrims, further simplifying the pilgrimage rituals and creating an innovative digital environment that provides the highest level of convenience for the guests of the two holy mosques.

Elm exhibited the “Smart Assistant for the Guests of the Two Holy Mosques,” an advanced AI-powered assistant designed to provide an interactive and seamless experience for Hajj and Umrah visitors, using voice and text, further streamlining and expediting responses to their inquiries in multiple languages. Furthermore, it decreases congestion by quickly guiding pilgrims and Umrah performers while also increasing the ability to handle a larger number of visitors to the two holy mosques.

The company also showcased the “Call Analyzer for Guests of the Two Holy Mosques,” which converts incoming calls into text for content analysis using AI to aid comprehension of vital contexts, generate analytical reports to support decision-making, and present recommendations to improve the quality of service provided to pilgrims and Umrah performers.

The company further showcased the “Digital Twin and Simulation for Al-Rawdah Al-Sharifa,” which generates a comprehensive simulation of the experience for the pilgrims while considering their various characteristics.

Majid bin Saad Al-Arifi, official spokesman and VP of marketing at Elm, said: “The Hajj Conference and Exhibition 2025 served as a unique platform to enhance the guests’ experience of the two holy mosques.”

It provided us with the opportunity to showcase our cutting-edge smart technologies and solutions, all aimed at improving the journeys of pilgrims and Umrah performers. This reflects our constant commitment to providing exceptional services that transcend the expectations of the guests of the two holy mosques, further ensuring their comfort and the smooth performance of the Nusuk ritual. We leverage our advanced capabilities in innovation and modern technologies to make substantial developments in Hajj and Umrah services. Our approach focuses on implementing advanced strategies that promote sustainable development and improve the overall quality of our offerings.”

He added: “We believe in the importance of developing robust partnerships with key decision-makers, where coordinated efforts and collaborations can incorporate Elm’s concepts and expertise into strategic decisions to attain the desired outcome. Elm’s reliability and recognition from our government partners are vital in achieving our mutual strategic goals. We remain committed to providing assistance at all stages of project execution to ensure the accomplishment of targeted goals and the constant improvement of services.”


KROHNE to unveil advanced software solution at SABIC CONFEX 2025

Updated 19 January 2025
Follow

KROHNE to unveil advanced software solution at SABIC CONFEX 2025

KROHNE Middle East and Africa, a leader in industrial measurement technology and digital solutions, has announced its partnership with SABIC for the upcoming SABIC CONFEX 2025. The event will serve as the ideal platform to showcase the latest iteration of CalSys AMADAS, KROHNE’s advanced software solution for calibration, asset management, and data analytics.

SABIC CONFEX 2025 will take place in Jubail Industrial City from Jan. 26–30, bringing together industry leaders, innovators, and stakeholders from across the region and wider globe. Visitors to the KROHNE booth will have the opportunity to interact with the new CalSys AMADAS platform through live demonstration and learn how it can be customized to meet their specific operational needs.

The latest version of CalSys AMADAS builds on KROHNE’s commitment to empowering industries with precise measurement technology and innovative digital tools. Designed to optimize calibration workflows and asset management, the platform also leverages advanced data analytics to drive operational efficiencies, reduce costs, and enhance decision-making in the chemical, petrochemical, and broader industrial sectors.

Ralf Haut, KROHNE’s global product expert, will provide insights into the development and applications of CalSys AMADAS. Haut’s expertise underpins KROHNE’s reputation as a global innovator in digital solutions for critical measurement processes.

Further strengthening its commitment to the region, KROHNE has expanded its Saudi Arabia team to better support local industries and provide tailored solutions for SABIC and other key partners.

Jay Gadhavi, general manager of KROHNE Middle East and Africa, highlighted the importance of digital transformation and analytics in driving efficiencies across industries, saying: “Digital transformation is no longer a choice but a necessity. At KROHNE, we’re empowering industries with tools like CalSys AMADAS to harness data, streamline operations, and achieve greater precision. Our close working relationship with SABIC exemplifies our shared commitment to leveraging innovation to unlock efficiencies and create a sustainable future.”