Lenovo to raise mobile production capacity in India by up to 10 fold in 2019
NEW DELHI: PC and mobile maker Lenovo plans to ramp up its smartphone production capacity up to 1 million units per month in 2019, a top official of the company said Tuesday. 'We make mobile phones in India at our partners factory. At present we have production capacity of 100,000 per"...
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Fashion houses raise awareness of breast cancer on runway
BEIRUT: The third edition of the LIPS Management Designers and Brands Show opened with a bang Monday in the glittering ballroom of the Hilton Beirut Habtoor Grand Hotel, showcasing the work of both established and up-and-coming Lebanese fashion designers. Beyond the glitz and the glam, the event also had a social mission: held during Breast Cancer Awareness Month, profits raised from the shows will go toward"...
DOHA: Showcased during the Paris Motorshow, the new Macan now comes with an efficient 2.0-litre, four-cylinder turbocharged petrol engine with improved combustion chamber geometry and petrol particulate filter.
It delivers a performance of 252 hp (185 kW) and has a maximum torque of 370 Nm. In combination with its seven-gear PDK dual-clutch"...
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Business aviation in the Middle East going global
The business aviation market in the Middle East is attracting the industry leading companies and niche customers from around the world. When the MEBAA Show 2018 takes place 10-12 December at DWC, Airshow Site, around seventy percent of the exhibitors will have travelled from outside the region to be part of the largest business aviation show in the Middle East.
Almost"...
Industry watchdog urges new standards on valuing UAE real estate to boost investment
The Royal Institution of Chartered Surveyors, a global membership body that works to raise ethical and practical standards in real estate, is pushing the UAE to adopt international guidelines on how property is measured and valued to achieve consistency, as well as a mediation platform to resolve construction disputes, its chief executive said.
The"...
Lebanese fashion designer Zuhair Murad eyes IPO
Lebanese fashion designer to the stars, Zuhair Murad, is considering an initial public offering (IPO) for his Beirut-based multi-million dollar fashion house.
Speaking to Arabian business, the designer said he plans on taking the company public 'someday'. However, he expressed concerns of brand authenticity following the sale"...
Enhancing Middle East trade through technology
The Middle East is increasingly embracing fintech. The number of fintech startups in the region is predicted to reach 250 by 2020, and investment in technology-based initiatives and fintech developments is also on the rise.
While in 2016 fintech investment in the region totalled $18 million, last year that number was surpassed with a single $20 million contribution to a single payment solutions"...
