The value of merger and acqusition deals in the global metals and mining sector for the third quarter stood at $6.98 billion, down 64.6 per cent when compared to $19.91 billion for the same period last year, according to GlobalData’s deals database.

However, the value marked an increase of 48.2 per cent over the previous quarter, it stated.

Comparing deals value in different regions of the globe, Asia-Pacific held the top position, with total announced deals in the period worth $3.27 billion."...

Global industry leaders discussed the transformative impact of digital transformation and how it was shaping the future of the region’s smart buildings and cities at a key event organised by Honeywell Building Technologies in Abu Dhabi.

The importance of implementing robust cybersecurity strategies to protect operational technologies across industries too was also highlighted at the Honeywell Abu Dhabi Technology Day 2019 held at the group’s high-tech office complex in Masdar City, Abu Dhabi,
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Daikin, a leading global innovator and provider of advanced heating, ventilation, air conditioning, and refrigeration (HVAC-R) products and solutions for residential, commercial and industrial applications, showcased some of its innovative products at the Big 5 exhibition held recently in Dubai.

Daikin MEA’s main attraction at the show was the Modular Chiller Plant (MCP) solutions, which combines a chiller system, cooling tower, pumps and piping in a factory engineered, factory assembled package that also"...

Denmark’s plan to rein in short-term property speculators has backfired as the country’s pension industry rips into the proposal.

A plan that was initially intended to target Blackstone Group has ended up uniting Denmark’s investment community after housing minister Kaare Dybvad proposed placing a 10-year moratorium on rent hikes tied to renovations. Local pension funds, which had set their sights on real estate to boost returns"...

Ellington Properties, a leading design-led property developer in Dubai, has announced that it has begun the delivery of its prime project Eaton Place, a residential development located centrally in family-friendly Jumeirah Village Circle (JVC).

A community-focused development that celebrates the Ellington values of design and technology integration, Eaton Place has only a limited selection of 110 studio, one- and two-bedroom residences overlooking a resort-style courtyard.

It is the fourth property"...

The 40th edition of The Big 5, the construction industry mega-event, opened this morning (November 25) at the Dubai World Trade Centre, set to welcome over 2,390 local and international exhibitors from 66 countries.

Inaugurated by HH Sheikh Ahmed Bin Saeed Al Maktoum, president of the Dubai Civil Aviation Authority, CEO and chairman of the Emirates Group, chairman of Dubai World, and Noor Takaful Insurance Company, the event will showcase 20,000 building solutions and products to 68,000+ expected participants"...

Schneider Electric, a leader in the digital transformation of energy management and automation, has opened its new Smart Distribution Center in Dubai.

It is the first Smart Distribution Center in the region and becomes the latest addition to the company’s growing worldwide network of smart operations facilities, said a statement.

These centres feature innovative digital technologies that can be leveraged to support a host of industries as they pursue their path toward greater integration and"...

Pantheon Development, on Wednesday announced its sponsorship of the ‘Fit On Click Corporate Carnival,’ to be held from December 6-13, at Dubai Stars Sportsplex in Mirdiff, Dubai.

The event, a sports based carnival will witness participation from over 120 corporate teams. These corporations, some being leading names within their respective industries will come together to fulfill a common goal of encouraging fitness, sports and wellness"...

Bloom Holding, one of the UAE’s foremost real estate holding companies, has taken home the award for “Best Technology in Real Estate” by leading publication Forbes Middle East.

The company was also recognised as one of ‘The Top Real Estate Companies in the Middle East 2019’, during the award ceremony held at JW Marquis, Dubai.

A subsidiary of National Holding, Bloom said it was committed to building, operating and investing in premium communities and enriching the lives"...

Medium-voltage switchgear market revenue in the Middle East region is poised for solid growth over the next five years with a CAGR of 2.7 per cent, thanks to booming infrastructure, construction and manufacturing sectors, said a report by 6Wresearch.

In the Middle East region, gas insulated switchgear captured major revenue share in 2018, owing to their low maintenance and high durability features. The usage of GIS is expected to dominate many countries in the region over the coming years, stated the research"...