Azad news edition56 by Azad News Middle East

Azad News UAE 1-7 August 2014,5-11 Shawal 1435

Email:azadnewsuae@yahoo.com

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Edition 56

BLOOD SHED CONTINUES IN GHAZA

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Azad News UAE 1-7 August 2014,5-11 Shawal 1435

Email:azadnewsuae@yahoo.com

Mob:00971 56 118 6007

Edition 56pg1

KPK Actors and Singers concerts Press conference in Dubai By Qadeer Ahmad Siddiqui Dubai UAE: Geo Property Brokers the Organizers of Musical concerts of Pushto Actors and Singers from KPK Pakistan arranged a press conference for the UAE Pakistani journalist community. Journalists from different TV channels and local Pushto, English and Urdu news papers and magazine participated in this conference and ask different questions from organizers and Singers.Singers told in Conference that every time they visit UAE for their musical converts

and other comedy shows they received over whelming love and respects from Paksitani community over here, they also told that they are not representing only KPK here but they are they are representing the whole Pakistan here.They also shared their experienced regarding traveling for their events through out world but they told they way the Pakistani community love and respect them thatâ&#x20AC;&#x2122;s some thing which they do not f i n d i n o t h e r countries.Geo Property Brokers CEO and organizer of these events

Abdul Rahim told the Journalists that the purpose of these events are not only to make the happy moments of Eid more happy but to provide opportunity to the Pakistani community a h e a l t h y entertainment and introduce Pakistan music and singers and actors in UAE.He also stressed that Journalist community from Pakistan who is UAE should support this cause so we can promote our culture in UAE like other countries and bring more singers from all

over Pakistan in UAE in future.Famous Comedian Ismail Shahid, Film Star Babrik Shah, Singer Waheed Achakzai, Nadia Gul and many others singers and actors participated in Press conference, these actors and singers will perform in UAE different States.Journalists and other community members from different walk of life appreciated t h e e ff o r t s o f G e o Property Broker for promoting the Pakistan culture and providing the health entertainment to Pakistani community in UAE.

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Azad News UAE1-7August 2014, 5-11 Shawal 1435

Email:azadnewsuae@yahoo.com

Mob:00971 56 118 6007

AUGUST’S LINE UP AT THE MUSIC ROOM Wow, we are looking forward to the month of August! What is the best way to welcome the party season? The Music Room stage will once again host great and unique acts - From Rock LEGENDS to local bands, from African musicals to hit makers, you will be surprised by this AMAZING & UNIQUE line-up! By Qadeer Ahmad Siddiqui Dubai UAE: riday, 1st August Bumblefoot and Point Of View in Concert Dhs 100.What a great gig to begin with! The iconic

received numerous airplays on UAE radio stations and featuring in regional music award shows, they are marking themselves in the local music scene! They even were the opening band for various international acts, including 30 Seconds to Mars, Maximo Park, Simple Plan and Megadeth.Supporting bands: In Times of Despair,

guitarist, featuring amongst the TOP 10 guitar players in the world and award winning band Point of View will take

over the stage! Guns N’ Roses lead guitarist is on a mission in Dubai as he will launch a Classic Rock Coffee Store, the first of its kind in the Middle East! Along with Point Of View, a Dubai-based band made of five passionate musicians, he will perform LIVE at The Music Room! Hard rock fans better get ready for some great music! Saturday, 2nd August Sandwash Dhs 50: Sandwash, a groovecore local band hugely popular in the UAE, will be kicking up a storm on stage.Having appeared on the cover of Time Out Dubai, having

RAJAM, Eon Haze, DJ Cindy Reframe. Friday, 8th August Led Zeppelin Tribute Dhs 100 The Music Room brings to you the official number 1 tribute to the greatest rock band ever!Hats off to Led Zeppelin’, winners at the National Tribute Awards 2013 and the only tribute comanaged by the son of legendary Led Zeppelin manager know how to recreate Led Zeppelin’s magical concerts.Are you ready to rock The Music Room’s stage? Friday, 15th August Apache Indian Dhs 100 Apache Indian will hit The Music Room’s stage with his h i t s o n g “Boomshackalak”!The first Asian artist ever to have any real success in the mainstream pop charts with 7 Top Forty UK Hits and selling over 11 million

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MESSE FRANKFURT LEADING TRADE FAIR ORGANISER TO CONSTRUCT ONE OF THE LARGEST STRUCTURES AT EXPO MILANO 2015 By Qadeer Ahmad Siddiqui Dubai UAE: esse Frankfurt has begun work on the construction of the German Pavilion for the upcoming Expo Milano 2015, following a ground breaking ceremony at the Expo grounds recently.The first of the pavilions to begin work at the World Expo site, the German Pavilion is expected to be one of the largest at the global showpiece event and is being constructed by an Italian-German team from Messe Frankfurt GmbH, who have been appointed as organisers by the German Federal Ministry for Economic Affairs.Speaking at the ground breaking Dietmar Schmitz, Commissioner General for Trade Fair Policies and EXPO Participation at the BMWi said: “It is a great pleasure for me to make the first cut of the spade on behalf of the Federal Republic of Germany. As of today the German Pavilion will take shape more and more every day.The World Expo takes place every five years, and Dubai will host

Eastern Night 2 ∞Dhs 75 Three renowned bands from the region will set the stage on fire for a second time!Well known for outstanding performances at festivals and in heavy metal music scene, Kimaera from Lebanon on a “Death Metal” trip, Arrivl from Iran will take you on “Blackened Death Metal” experience, and Xceed from the U.A.E. will play Heavy Metal rock! Headbangers are you ready? Saturday, 30th August The Ebonies Dhs 150 & Dhs 200 (VIP) As part of their World Tour, the Ugandan stage kings The Ebonies” are back again in Dubai to deliver a l i v e m u s i c a l production,“Entunnunsi”! Voted as the most popular drama group in East Africa, this explosive and highly talented team are super stars back home. The sensational performance by the Ebonies was praised by their audience all over the world! Featuring Uganda’s best known celebrities, David Lutalo, King Saha, Abdul Mulaasi and Catherine Kusaasira.

the next event in 2020. The Milan Expo follows previous editions in Hannover (2000), Nagakute (Japan, 2005) and Shanghai (China, 2010).The theme of the 2015 Expo is “Feeding the planet, energy for life”. According to the organisers, the national pavilions will focus on issues such as food, energy, life and the

By Qadeer Ahmad Siddiqui Dubai UAE: AE and Australia Just Falafel, the number 1 Falafel Franchise in the world, opens another chapter in its Australian expansion by opening its doors in the country’s largest railway station. The new restaurant will offer a broad range of healthy, authentic street food to the 11 million hungry commuters that pass through the station every year. Just Falafel will offer eating enjoyment all day,

albums worldwide! Having collaborated with many wellknown artists around the globe such as Maxi Priest, Shaggy, Sly & Robbie, Sean Paul, Yami Bolo and Pras (The Fugees), his reggae beats have marked the nineties decade! He will also perform some songs from his new album‘It is What It is’. Put your hands in the air for the one and only Apache Indian! Friday, 22nd August Avial Dhs 80 Ever heard of music blending poetry with contemporary alternative rock? This melting pot band will definitely take you on a musicaljourney! Avial’s music has overcome language barriers not only in India but across the globe. With an increasing fan following and a revolutionary approach to Indian music, Avial is one of the most sought after Indian bands today! They are transcending genres and justifying the term “Alternative Malayalam Rock”. Music brings the world together, regardless of language, ethnicities or genres. Friday, 29th August Metal

JUST FALAFEL IS ON TRACK WITH ITS AUSTRALIAN EXPANSION As commuters welcome on board the authentic street food operator in Sydney’s Central station

globe. The World Expo is scheduled to be open for six months, from 1 May to 31 October 2015.Messe Frankfurt is considered the world’s largest trade fair corporation with its own exhibition grounds. The company has a presence in more than 150 countries around the globe. Over the course of the year, events ‘made by Messe Frankfurt’ take place in more than 30 locations. In 2013 alone, Messe Frankfurt organised a total of 114 trade fairs, of which 71 were held outside Germany, with eight having been held in Dubai.Messe Frankfurt being chosen as organiser of the German Pavilion is a great honour and acknowl-edgement of its years’ of expertise in conducting trade events around the world,” said Ahmed Pau-wels, CEO of Messe Frankfurt’s Middle E a s t s u b s i d i a r y, E p o c Messe Frankfurt.With Dubai being our regional headquarters and the venue for the Expo 2020, we are glad to offer all our support and expertise to the authorities in their efforts to organise a truly spectacular event,he added.Epoc Messe Frankfurt is one of the leading trade fair and conference organisers in the fast-growing Middle East region with a comprehensive calendar of tightly-focused trade events.

AHS RELOCATES AL SHAHAMA HEALTHCARE TO AL BAHIA New Facility to Better Tackle Patient Flow and Capacity Issues in Al Shahama and Al Bahia Areas

every day with facilities such as Wi-Fi so people can stay connected, whilst relaxing with locally sourced, hand-made meals, in a setting that allows guests to eat, connect and relax.The restaurant location in at No. 8, Central Station, Lee Street, Sydney is located at the southern end of the Sydney CBD where customers will be able to grab a bite on the go or settle in for a comfortable meal. The new restaurant offers a fast casual dining experience from its build your own wraps, to its locally sourced salads and indulgent desserts. The dining experience will be set within its 2 storey restaurant that offers travellers a “Sense of Place” within Just Falafel’s Modern Bohemian

setting.The Just Falafel’s m o t t o “ We F e e d t h e Hungry” goes beyond the food they serve to their guests, with each new store opening contributing to our $1m pledge to the UN World Food Programme. Just Falafel is a brand with a conscience. The “Just” in the brand’s name underlines the group’s core values of being trustworthy, reliable and the real deal when it comes to offering authentic street food to its guests.Just Falafel CEO Fadi Malas is proud to see an even greater presence in such an important market saying “Our desire to offer reasonably priced, flavourful street food with such an authentic heritage as the falafel makes us very proud as Just falafel is welcomed around the world.This rate of growth does not look to slow anytime soon, with more restaurants set to open l o c a l l y a n d g l o b a l l y. Parramatta, home to Sydney’s second central business district ,will see a third restaurant open soon, after the successful launch of our first earlier in the year. Then, the street food operator will expand rapidly in the USA and India in the 4Q as the brand continues its global journey selling original, food with a conscience.

AL HABTOOR MOTORS SIGNS MOHAMED KARIM AS THE OFFICIAL BRAND AMBASSADOR OF MITSUBISHI MOTORS IN THE UAE.

By Qadeer Ahmad Siddiqui Dubai UAE: l Habtoor Motors, the official distributor of Mitsubishi vehicles THE EMMY’S LIVE AND EXCLUSIVELY ON AL NOOR JOIN HANDS WITH JUSTGIVING in the UAE, has signed on By Qadeer Ahmad Siddiqui Mohamed Karim the Dubai UAE: OSN TO RAISE CHARITY FOR CHILDREN WITH renowned Film and s part of its priority to OSN shows scoop over 100 nominations SPECIAL NEEDS Television star in the Arab e x p a n d t h e world as the Mitsubishi geographical reach of By Qadeer Ahmad Siddiqui By Qadeer Ahmad Siddiqui made they will be directly b r a n d a m b a s s a d o r. A Dubai UAE: Dubai UAE: sent to the Al Noor account. s p e c i a l i z e d h e a l t h c a r e special Suhoor Event was attitude. I have personally ost of the biggest l N o o r C e n t r e “With the collaboration with services and develop the held at the Waldorf Astoria enjoyed my quest in search existing facilities to cope with television series, Training Centre for JustGiving we have raised Dubai Palm Jumeirah to of new stars and now I will a v a i l a b l e Children with Special the new ray of hope to the population growth, announce and introduce the embark on a new journey exclusively on OSN, the Needs has teamed up witness the charity in more Ambulatory Healthcare new brand ambassador. with Mitsubishi Motors that Services (AHS), a SEHA region’s leading pay-TV JustGiving, healthcare infrastructure in The special event was already has well-loved star health system facility, has network, have scooped a the world’s announced the relocation of Abu Dhabi and expand AHS a t t e n d e d b y S h e i k h vehicles on the UAE record-breaking 100 l e a d i n g Al Shahama Healthcare healthcare network in line Mohamed Al Qassimi, roads.We are happy to nominations for the 66th website for Center to Al Bahia.Located with the evolving needs of Sheikh Ahmed Al Qassimi, announce Mohamed Karim edition of the Primetime raising funds next to the Deerfields r e s i d e n t s f o r q u a l i t y Sheikh Humaid Al Qassimi, as the new face and voice of Emmy Awards.Comedians for charity Townsquare Shopping Mall healthcare services. With Michael Corbin - US Mitsubishi in the UAE. We Mindy Kailing and talk show since 2001, o n A b u D h a b i D u b a i the opening of Al Bahia Ambassador to UAE and look forward to a fruitful host Carson Daly revealed rated shows Downton over which highway, the new facility Healthcare Center, we hope Sherif El Badawi, Egyptian partnership in our future the nominations, while Seth Abbey, Game of Thrones, time it has commenced operations on to better tackle the patient Consul General in Dubai journey where the stars will Meyers, the former head House Of Cards and True enabled over July 20, 2014. Following the flow and capacity issues and a n d t h e N o r t h e r n shine together.Mr. Karim is writer of Saturday Night Live Detective which sees both 2 1 m i l l i o n inauguration of the new r e s p o n d q u i c k l y a n d Emirates.In keeping with a well-known pan Arab star. and the host of The Tonight Matthew McConaughey p e o p l e t o c e n t e r , A l S h a h a m a e f f e c t i v e l y t o t h e i r the sporty and friendly Unique in his choices and Show with Seth Meyers, will and Woody Harrelson r a i s e £ 1 . 5 Healthcare Center ceased s p e c i a l i z e d h e a l t h c a r e image of Mitsubishi Motors, winner of numerous awards host the star-studded event compete against each other b i l l i o n f o r operations.The new facility needs.Fitted with the latest Mohamed Karim, the multi for his acting prowess as which will be aired live on for the outstanding lead over 13,000 will cater to the healthcare medical, diagnostic and award winning actor, was well as his presenting role in 26th August 2014 on OSN actor trophy.As far as OSN charities and First HD (12am KSA).Game Comedy goes, Modern causes. The move comes numbers for our students, needs of population in Al laboratory equipment, the chosen to represent the discovering new stars of of Thrones which recently Family was nominated once as part of the centre's latest w h i c h w i l l h e l p a n d Shahama and Al Bahia n e w f a c i l i t y w i l l o ff e r brand in the UAE. The star tomorrow, Mr. Karim is a concluded its fourth season again for Outstanding initiative to raise extra funds maximize the potentials of areas, and offer a wide d e r m a t o l o g y c l i n i c , h a s e s t a b l i s h e d a n winner. All of us at Al on OSN has the most nods - Comedy Series, which it has for the benefit of special our students for Al Noor variety of consultation, radiology, prosthodontics, acclaimed Film & TV acting H a b t o o r M o t o r s a r e Training Centre because treatment and referral general dentistry, oral career between Egypt and extremely proud that he is up for an amazing 19 won for the past four years they need to be integrated services Sunday through s u r g e r y, o r t h o d o n t i c s , the United States as well joining as the Mitsubishi n o m i n a t i o n s i n c l u d i n g in a row. Julie Bowen was into the community. With Thursday, from 8am to 2pm o b s t e t r i c s / g y n e c o l o g y, has, with great success, brand Ambassador and will Outstanding Drama Series, n o m i n a t e d f o r B e s t the help of more funds we and 8:30pm to 1am. On women's health clinic, hosted the well-known be a part of our winning Outstanding Directing and Supporting Actress in a will be able to organize Saturdays, the center will chronic disease clinic, international entertainment t e a m . T h e M i t s u b i s h i Outstanding Supporting Comedy Series, and both Ty more academic and non- function from 8:30pm to 1am diabetic education, general show "THE VOICE" in the vehicles play an important Actor for Peter Dinklage’s Burrell and Jesse Tyler academic activities which during Ramadan. Following m e d i c i n e a n d f a m i l y Middle East.In his new role role in many families’ lives r o l e a s T y r i o n Ferguson are up for Best will ultimately lead to the Ramadan, the center will medicine, urgent care, well as a brand ambassador of across the UAE, with the Lannister.American Horror Supporting Actor. Other development and learning operate from Sunday to c h i l d c l i n i c , p e d i a t r i c Mitsubishi Motors, his Pajero seen on every Story: Coven has been leading nominees include experience in children,” Thursday 7am to 10pm and medicine, nutrition clinic, reputable popularity will driveway, and being the acknowledged 17 times OSN shows Louie, Veep says Isphana Al Khatib, on Saturdays from 12 noon i n t e r n a l m e d i c i n e , galvanize a fresh sizzle to number one selling SUV of including for Outstanding and Silicon Valley.Another Director, Al Noor Training t o 8 p m . P a t i e n t s a r e screening, pre-employment t h e b r a n d a p p e a l o f all times Mr. Karim is the Miniseries while Jessica OSN favourite, Saturday Centre for Children with encouraged to contact the s c r e e n i n g , W e q a y a Mitsubishi vehicles.We are perfect fit as one of the top Lange, Kathy Bates and Night Live received a Special Needs. Donations AHS call center 8002247 to s c r e e n i n g , u l t r a s o u n d very excited to add such a i n f l u e n t i a l Angela Bassett have all whopping 14 nominations. can be made via the link make an appointment to l a b o r a t o r y a n d prestigious figure to the actors/presenters in the s c o r e d i n d i v i d u a l This long-running show has below: avoid the waiting time for pharmacy.The center is also Mitsubishi Motors family. Middle East,said Karl nods.Breaking Bad fans now upped its lifetime were not disappointed as its r e c o r d t o t a l t o 1 8 5 needs children at the https://www.justgiving.com/ walk in service.Mohamed equipped for a cardiology, We have a lineup of exciting Hamer, Managing Director centre.The association Al-Noor-Training-Centre- Hawas Al Sadid, Chief ophthalmology, and ENT media campaigns that are of Al Habtoor Motors. final season received 16 nominations! comes at an opportune time for-Children-with-Special- Executive Officer, AHS said: c l i n i c , w h i c h w i l l b e in the pipeline where nominations. These with the holy month of Needs1 “The areas surrounding Al i n t r o d u c e d a t a l a t e r Mohamed Karim will be included Outstanding Ramadan underway, Shahama and Al Bahia have s t a g e . A m b u l a t o r y f e a t u r e d , s a i d M s . Drama Series and of course making it simple, safe witnessed rapid urbanization Healthcare Services is Mersedeh Mahdi, Director Best Leading Actor in a and convenient for the and population growth in committed to making the of Marketing of Al Habtoor Drama Series nod for Bryan general public to recent years, which placed lives of people in the emirate Motors.Speaking about his Cranston’s unforgettable donate money to Al increasing pressure on the of Abu Dhabi healthier. AHS n e w r o l e a s b r a n d role.The Outstanding Noor. The platform will e x i s t i n g A l S h a h a m a uniquely combines local a m b a s s a d o r , a n Drama Series category will allow people to donate Healthcare Center. The new research findings and latest enthusiastic Mohamed see Breaking Bad fight via mobile platform too. facility is part of our plans to scientific evidence in the Karim said Mitsubishi some tough contenders Motors is a fun oriented Once donations are u p g r a d e t h e p r i m a r y delivery of its services. including OSN’s highest brand with a futuristic azad news uae.azad news uae .azad news uae azad news uae.azad news uae azad news uae azad news uae.azad news uae .azad news uae azad news uae.azad news uae azad news uae azad news uae. (pg2 )

AZIZI DEVELOPMENTS ANNOUNCE THE LAUNCHING OF AZIZI.ORCHID RESIDENCE 140 MILLION AED FURNISHED APARTMENTS PROJECT IN AL FURJAN

• Azizi.Orchid Residence offers European standard 1, 2 and 3 bedrooms apartments, with fully modern and luxury furniture in affordable price, aiming to target mid income families. • Azizi.Orchid Residence is escrow compliant in accordance with RERA laws. Azad News UAE 1-7August 2014,5-11 Shawal1435 Email:azadnewsuae@yahoo.com Mob:00971 56 118 6007 Edition 56pg3

DABUR INTERNATIONAL SUCCESSFULLY HOLDS BLOOD DONATION CAMPAIGN FOR EMPLOYEES By Qadeer Ahmad Siddiqui Dubai UAE: abur International, one of the most t r u s t e d a n d recognized personal and healthcare companies in the

world, successfully organized a blood donation campaign recently at Latifa Hospital in Dubai. The event, which is part of the company’s activities for the Holy Month of Ramadan and also falls in line with its Corporate Social Responsibility (CSR) program, was held in collaboration with the Dubai Blood Donation Centre, the UAE’s major blood bank. Employees from Dabur’s head office in Dubai and its manufacturing plant in Ras Al Khaimah participated in the event.The initiative was undertaken with an aim to provide assistance to patients suffering from thalassemia, cancer and maternity health complications, patients scheduled for open-heart surgeries, and victim of road and burn accidents, among others. Through its CSR activities, Dabur plays an active role in promoting

responsive civic and social duties, such as blood donation among its employees and consumers, which makes a positive impact on the larger community and the

environment.Rikka Mehta, Head of Marketing Communications, Dabur International, said: “Over the years, Dabur International has implemented various CSR programs that are aimed at supporting various charitable causes. The recently organized Blood Donation campaign is part of our celebrations for the Holy Month of Ramadan and has been designed to increase more awareness on the need for healthy blood that can be used for emergencies. Since the shelf life of blood is only 42 days, we highly encourage people to donate blood on a regular basis. We thank Dubai Blood Donation Centre and Latifa Hospital for extending their support during the drive and we assure them of our regular contribution through similar campaigns that we will be organizing throughout the year.

BURJEEL HOSPITAL DELIVERS STRONGER HEARTS WITH THE LATEST TECHNOLOGY IN CARDIAC SURGERY By Qadeer Ahmad Siddiqui Dubai UAE: urjeel Hospital, Abu Dhabi’s leading tertiary care facility, introduces one of the latest and most advanced technologies in Cardiac Surgery: the eSVS Mesh in coronary artery bypass g r a f t i n g ( C A B G ) surgery. According to World Heart Federation, globally heart diseases are the leading cause of death in both men and women, and in the UAE one in five deaths are attributed to heart attacks. The eSVS Mesh is a device put around the veins to make them stronger. With this system in place, the expectation is that it will extend the time that patients need to come back for a second surgery. Better yet, the doctors hope it will completely eliminate the need for a second surgery.Dr. Manny Villafana, CEO, KIPS Bay and the inventor of the eSVS Mesh technique added in his recent visit to Burjeel Hospital,The eSVS Mesh technique will change the way all Cardiac Surgeries are done.The technique helps all cardiac patients to have a longer and healthier life without the need to worry about heart failure. I am confident that this revolutionary technique will be implemented not just in the UAE and the Middle East region, but across the world as well.Prof. Dr. Uwe Klima a Cardiac, Thoracic, and Vascular Surgeon at Burjeel Hospital in Abu Dhabi is the first surgeon worldwide to implant this device in human patients in 2007. He is also the first to perform this surgery in the Middle East

By Qadeer Ahmad Siddiqui Dubai UAE: ith the burgeoning real estate market reaching its climax in the UAE, particularly Dubai,

and holds the exclusive rights for the medical device and treatment in the region.Prof. Dr. Klima stated, “This technique was developed to increase the time span of the relapse. We

prominent property developers are capitalizing on the vibrant industry by putting up affordable and contemporary buildings. Azizi developments have made yet another milestone announcement during the Holy month of Ramadan on its latest project, the Azizi.Orchid Residence a c o n t e m p o r a r y establishment of 99 units valued at 140 million AED.This project comes with fully furnished 1/2/3

bedroom apartments along with all the necessary amenities, ready for immediate occupancy. The property development will remain a lucrative investment for the property owners who will in turn offer it on rent for short and or long term basis for tenants coming to the UAE either for business / and or leisure purposes and also gearing towards the EXPO 2020 requirements. Mr. Mohsen Kamel, CEO of AZIZI Developments said, the just announced project, another m i l e s t o n e achievement of Azizi Developments is the fully furnished Azizi.Orchid Residence project that targets the mid income buyers and institutional investors as well as a great investment opportunity for the long-term asset investors, seeking for strong return opportunities on their investment.The Azizi.Orchid Residence comes only with European contemporary finishing and more over this development is fully compliant with DLD

a n d R E R A and has escrow account in place, hence the investme n t assuranc e to the property owners. Mohsen said that Azizi.Orchid Residence comes complete with flexible payment plans, which breaks down to 50% with work in progress and another 50% upon completion. Mohsen added that the construction work of the project has already commenced and is anticipated to becompleted by December 2015.While speaking to press, Mr. Mohsen Kamel introduced Provident Estate as official sales and marketing agents. Mr Kamel added that Provident Estate is one of the leading real estate companies in UAE, and the company is pleased to have them on board as the sales a n d marketingrepresentatives of Azizi.Orchid Residence project.

Mr. Loai Al fakir, CEO of provident estate added that we are very happy to be a part of Azizi.Orchid sale and marketing and Azizi trust on our expertise and market base credentials. He disclosed that Azizi.Orchid residence has been designed, keeping in view of all important factors and providence, with the strong belief that the project and it's strategic location will enable to have quality and vibrant investment base factor for both buyers and long term investors.Being an award winning real estate agency, that is ISO Certified, Ejari regulated and certified by RERA. The secret behind Provident's exceptional success lies in providing customer satisfaction as their utmost priority. "Setting high standards", Mr. loai said.

INCREASING DEMAND DRIVES A LARGER LEISURE SHOW AT THE HOTEL SHOW DUBAI 2014 28 – 30 September 2014: Dubai World Trade Centre By Qadeer Ahmad Siddiqui Dubai UAE: he escalating demand for leisure products at The Hotel Show Dubai has led to an increased focus for leisure and outdoor at this year’s event, taking place in Dubai, 28 – 30 September 2014. Almost 8000 of The Hotel Show visitors attended in 2013 looking to source leisure products - 7% had a budget responsibility of more than US$1 million. The Leisure Show is the ‘show within the show’ that was soft launched last year and attracted a dedicated audience of more than 1500 professionals from theme parks, spa resorts, sports facilities, golf courses, real estate, shopping malls specifically looking for outdoor and leisure products, furnishings, equipment and services. Christine Davidson, Event Director at The Hotel Show Dubai says: “The leisure and outdoor industry has been growing exponentially over the past few years and now accounts for over 70%

of the total travel and tourism spend in the GCC. Indeed, governments worldwide are increasingly investing in tourism to ensure the sectors’ valuable contribution to growth in GDP.The Leisure Show is the only B2B event in the Middle East and Gulf region to address the leisure industry in its wider scope. The event addresses the complete supply chain under one roof, also providing a platform for sharing best practice and creating the opportunity to build business and relationships. The Leisure Show at The Hotel Show Dubai 2014, will once again be partnered by the Department of Tourism and Commerce Marketing.The Leisure Show caters to four main sectors: Outdoor Design, Furniture & Equipment; Pool and Spa; Sports & Fitness; and Recreational Fun and Adventure. Its extensive reach represents an ideal platform for both established and newer companies to meet with the

designers, architects, contractors, real estate developers, facility owners, managers and decision makers responsible for the estimated $73 billion of leisure projects currently under construction within the GCC.With the Middle East a cultural hub attracting millions of visitors year on year, the region is also becoming the home for landmarked man made attractions represented in water and theme parks, hotels and resorts as well as sports facilities.Trends continue to grow and more projects are in the pipeline,” continues Christine. “For e x a m p l e , t h e announcement last week that Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum has laid out plans for the extensive ‘Mall of the World’ real-estate project which will include a 743,224 square metre mall, a climate-controlled street network, a covered theme park and 100 hotels and serviced apartments.Dubai alone, as a business hub for leisure - even pre Expo 2010

- had impressive plans for mega leisure projects. MEED projects estimates the total value of contracts awarded in the UAE during 2013 concluded at approximately $30 billion, but 2014 will see the value increasing to approximately $35 billion. David Romano of Canada’s International Play Company, is one of the new exhibitors taking part in The Leisure Show. He comments: “We specialise in commercial indoor play structure, interactive events and outdoor playground and see The Leisure Show Dubai as the perfect platform to meet new and existing clients in Dubai and at an international level too.Christine concludes: “The 2013 figures demonstrate the strong reception to the introduction of a Leisure feature within The Hotel Show, Dubai. The demand is evident for all to see and we are delighted to be able to respond to this demand by providing a much larger event this year following its soft launch last year.

NEW DATES FOR REGION’S LEADING PLASTICS EVENT Plastivision Arabia to be held in January 2016; booming packaging market in focus Sharjah

WWE® COMPLETES EXCLUSIVE PAY TV DEAL WITH OSN By Qadeer Ahmad Siddiqui Dubai UAE: W E (NYSE:WWE) and OSN today announced that WWE's flagship television program Monday Night

live and via ‘OSN on Demand’.OSN and WWE have a l ong standing relationship and we are very excited to be taking that to the next level,said Andy Warkman, OSN’s VP of Sport & Production.For

Raw® will now air live on OSN, WWE’s exclusive pay TV partner in the Middle East and North Africa through 2019. OSN is the leading pay TV platform in the Middle East and North Africa and offers the largest selection of i n t e r n a t i o n a l entertainment and sports c o n t e n t i n t h e region.Under this new agreement, fans can now e n j o y a l l o f W W E ’s programming, including R a w, S m a c k D o w n ® , NXT™ and Main Event™, as well as WWE pay-perview events including WrestleMania® and SummerSlam®, in one place on OSN Sports 2 HD.OSN subscribers can also watch all the action anytime, anywhere on their smartphone, tablet or laptop with OSN Play, the region’s first online viewing platform, where OSN Sports 2 HD is streamed

the first time in the region, a l l c o r e W W E programming will be available in one place, making OSN the home of WWE, reaching an audience across more than 20 countries. This deal furthers our commitment to bringing our customers the best content.WWE is very excited to be extending and expanding its deal with OSN in the Middle East,” said Carlo Nohra, General Manager of WWE Middle East. “OSN hosts some of the very best international entertainment and sports programming and is the perfect home for WWE programming. Together with OSN, we will continue to grow our TV, pay-perview, live event and consumer products businesses across the Middle East. For more information, please visit osn.com/wwe

A SLICE OF SUITE HEAVEN Maybourne Hotel Group’s unique and contemporary designed suites combine classic style and character in the heart of London providing the perfect retreat for Middle East visitors By Qadeer Ahmad Siddiqui Dubai UAE: s temperatures soar across the Middle East this summer, retreat to London to luxuriate with the iconic British luxury hotel operator Maybourne Hotel Group who present their Suite Heaven offer across

their three renowned hotels, Claridge’s, the Connaught and the Berkeley based in London’s lavish Mayfair and Knightsbridge. Visitors can indulge with a stay in the Maybourne Hotel Group’s finest luxury suites, relaxing and taking in the heritage and experiences London has to offer from high-end designer shopping to visiting attractions such as the London Eye and N a t i o n a l Gallery.Claridge’s hotel hosts both the Mivart collection, which comprises of 11 suites, and 16 Claridge’s Suites. Claridge’s Suites are a stunning tribute to the hotel’s timeless elegance with fine reflection of the Victorian and Art Deco periods reminiscent of the hotel’s history. Designed by renowned interiors expert Guy Oliver and British Royal designer Linley, they are some of the largest suites in the hotel. The Mivart collection features a strikingly beautiful portfolio of generously sized suites overseen by Linley and world-renowned interiors expert, India Madhavi. Guests can enjoy complimentary wifi, chilled bubbly and a traditional English breakfast, in addition to having a personal butler to cater to your every need.At the Connaught guests choose a suite from either the Carlos Suites or Grosvenor Suites. The 5 Carlos Suites are designed with period

grandeur from the entrance hall to the neoclassical ceilings and are available in either a t r a d i t i o n a l o r contemporary design, the latter of which features ceruse walnut finishes and bespoke furniture. Alternatively, the 10 Grosvenor Suites have modern amenities paired with decorative furniture and artwork, antique overmantel mirrors and chandeliers typical to the neoclassical Adam style which was all the vogue throughout the 18th c e n t u r y. G u e s t s c a n indulge in a bottle of bubbly, fruit bowl on arrival and traditional English breakfast.Guests looking to be a step away from the city’s designer shopping and leafy Hyde Park can opt for the Berkeley and choose from its range of suites including the Studio Suites, Deluxe Studio Suites, spacious Knightsbridge Suites and luxurious Corner Suite flooded with natural day light. The Studio Suites and Deluxe Studio Suites are individually designed large open-plan spaces for ultimate comfort and offer charming courtyard views and an escape from the hustle and bustle of L o n d o n . T h e Knightsbridge Suites provide a stylish space that blends modern and traditional features to create an idyllic oasis. The Suites offer state-of-theart technology and include b u b b l y, f l o w e r s a n d chocolates on arrival and a daily English breakfast.

By Qadeer Ahmad Siddiqui a booming packaging Dubai UAE: market.The GCC he Plastivision packaging industry is at the Arabia, international threshold of attaining global hope that patients plastics exhibition importance and keeping undergoing this procedure and conference, which is this in mind, Plastivision might not have to come back scheduled to be held at Arabia 2016 will showcase for a second round of Expo Centre Sharjah processing, filling and surgery for at least 15 years in2016, is set to generate packaging equipment & after their first surgery. We considerable buzz within services, targeting the even hope for eliminating one of the fastest growing regional processing & rethe need for a second s e c t o r s i n t h e packaging industry,” said surgery.Mr. Clancey Po, manufacturing industry in Mr. Harish Dharmsi-The CEO Burjeel Hospital the Middle East Chairman of Plastivision said,We are honored to packaging.And, aimed at Arabia, AIPMA, have Dr. Klima as one of plastic industry in India, for Middle East.Manufacturers taking advantage of the India.International trade fair Burjeel Hospital’s lead the upcoming edition of have benefited in a big way favourable market for moldmaking Arabia cardiac surgeons. We have Plastivision Arabia.With the from bulk import and conditions and timing it Mold will be held alongside introduced this new US$4 billion flexible repackaging demand from along with other industry Plastivision Arabia 2016. technique to continue the packaging industry in the the GCC given the tax-free, gatherings, the show dates The 3rd Arabia Mold will be h o s p i t a l ’s s t r a t e g y o f Middle East and Africa cheaper manufacturing have been advanced from held in association with providing the most forecast to grow five per costs and re-export April to January, with the DEMAT, the organizer of advanced techniques, cent annually, the industry advantage. The GCC is one third edition of the biennial world-renowned EuroMold technologies and equipment is betting big on the event, of the largest re-export show now planned to be trade show and will feature possible in addition to our which created a record of markets for food & held from January 10-13, mold-making & tooling constant focus towards sorts for the second b e v e r a g e s , 2016.The third Plastivision machines, design and clinical excellence and on consecutive edition in 2014 pharmaceuticals and Arabia will build on the application development providing 7-star hospitality when all the live machines consumer goods, leading to impressive launch of the machines and equipment. service. Our aim is to on display were fully sold show in 2012 and its repeat become UAE’s preferred out.Plastivision Arabia performance in 2014. healthcare provider and we 2014 featured more than Taking into consideration will continue to work hard 150 exhibitors at 14,000 sq the favourable market towards this goal.So far, m of exhibition space. The condition, we have also Burjeel Hospital is the only show had registered a 40 decided to advance the hospital in Abu Dhabi that per cent rise in exhibition show dates, which will uses eSVS technique. This space occupied and the benefit both exhibitors and announcement aligns with visitor turnout stood at an visitors alike,said Mr. Saif the Burjeel Hospital vision of impressive 7,277.The show Mohammed Al Midfa, CEO, delivering exemplary has become a must-visit Expo Centre Sharjah.Expo medical care by using within the industry largely Centre Sharjah will international medical due to a rise in demand for continue to partner with All expertise and cutting edge packaging, with the I n d i a P l a s t i c s technology to provide the packaging market being Manufacturers Association best to their patients. seen as one of the fastest (AIPMA), the oldest and the growing sectors in the largest apex body of the azad news uae.azad news uae .azad news uae azad news uae.azad news uae azad news uae azad news uae.azad news uae .azad news uae azad news uae.azad news uae azad news uae azad news uae. (pg3)

JADWA INVESTMENT - GLOBAL OIL SECTOR - Q2 2014 By Qadeer Ahmad Siddiqui Dubai UAE: lobal oil demand in Q2 2014 increased by 1 million barrels per day (mbpd) year-onyear supported by economic uplift in the US, whilst falls in OPEC production saw global supply limited to increases of 0.4 mbpd, year-onyearQ3 2014 oil demand will rise due to the summer peak season and a sustained recovery in the US economy plus steady growth in China will help push global oil demand consumption growth to 1.1 mbpd in 2014 Non-OPEC supply will exceed global demand growth in 2014 but this will not translate to lower Brent prices, as geopolitical issues in Ukraine, Libya and Iraq keep a floor on prices. As a result, we have revised our Brent oil forecasts upwards from $105 per barrel previously, to an average of $109 per barrel in 2014. We also revised our Saudi crude production to 9.7 mbpd for 2014, up from 9.4 mbpd previously. The main factors for the revision include, lower than anticipated output from other OPEC members, faster upturn in the US economy, and continued higher year-on-year domestic Saudi consumption.

G Azad News UAE 1-7 August 2014, 5-11Shawal 1435 Email:azadnewsuae@yahoo.com Mob:00971 56 118 6007

UNIQUE WATCHES TEMPTS UAE WITH NEW SEVENFRIDAY M SERIES Following in the ‘P’ Series’ footsteps, the latest watches also feature unique industrial-inspired designs By Qadeer Ahmad Siddiqui Dubai UAE: nique Watches, a U A E - b a s e d distributor and retailer of fine timepieces from all over the world, has launched M1 and M2, the latest instalments from Zurich-based watchmaker SevenFriday’s M Series that are guaranteed to pique the interest of wrist-conscious UAE consumers. The M Series marks SevenFriday’s second year anniversary a short time indeed for a young brand that has already m a d e w a v e s a m o n g w a t c h l o v e r s across the globe, said Ahmed Al Mansoori, Managing Director of Unique Watches, the exclusive distributor of SevenFriday watches in the UAE. Both watches (M1 and M2) have taken cue from their P Series cousins, employing industrial designs that are intricate and impressive,” added Al Mansoori. M1 is inspired by power supply engines like turbines while

M2 recalls old power measuring tools such a s ammeters. Housed within the watches’ 4 7 m m case are a brand new dial made of six layers, 10 applied parts and automatic Japanese Miyota calibre 8215 movements, which have a power reserve of about 45 hours. The crown has been moved to the left side of the case and the M2, in particular, is enhanced with an additional decorative stainless steel plate on the side.What is striking about the M Series watches’ design is its innovative way of telling time. Three custommade rotating discs with their respective apertures indicate the hours, minutes and seconds without the hands that are seen in traditional watches. The M Series’ unique design is expected to grab the attention of UAE’s watch aficionados. SevenFriday watches are available at the following outlets within the UAE, please visit the w e b s i t e : www.sevenfriday.com

ACCLAIMED MIDDLE EAST PHOTOGRAPHER, WOUTER KINGMA, NAMED CANON LFP AMBASSADOR Partnership launched to provide photography community with industry insights on Large Format Printing By Qadeer Ahmad Siddiqui Dubai UAE: anon Middle East, a world leader in imaging solutions, announced Wouter Kingma as the first Large Format Printing (LFP) Ambassador in the region. Kingma, a commercial and editorial photographer, will work with Canon to provide industrial insights and educational materials to the photography community about the importance and benefits of Large Format Printing.The initiative further reinforces Canon Middle East’s "closer to customers" strategy as it helps strengthen long-term relationships with photographers while exercising its corporate social responsibility with the aim of becoming a truly excellent global corporation. The partnership is also in line with Canon Middle East’s ongoing commitment and investment in the Large Format Graphic Arts Printing industry. As a Canon Middle East ambassador, Kingma will inspire professional photographers and photo enthusiasts with his experience of linking photography and printing to produce hard-hitting images. Furthermore, Kingma will highlight Canon’s award winning solutions and provide tips and tricks during dedicated workshops targeting photo studios, photographer associations, art schools, resellers and others from the photography market throughout the region. Anurag Agrawal, Canon Middle East Managing Director, said:Wouter is a highly accomplished visual artist who has completed stunning photography assignments across a wide range of subjects. As someone who loves to push t h e b o u n d a r i e s p r o f e s s i o n a l l y, Wo u t e r shares the same passion, innovation and energy as Canon to capture crisp and fresh imagery. We believe this partnership regarding LFP solutions will be a catalyst for a new wave of creative photography that

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INDIGO PROPERTIES HAS BEEN AWARDED THE ISO CERTIFICATION Indigo Properties recently received the ISO 9001:2008 for ‘Real Estate Buying and Selling Brokerage’ activity by the Guardian Independent Certification ltd By Qadeer Ahmad Siddiqui Dubai UAE: r Dev Maitra, CEO, Indigo Properties said, “We are very proud to be receiving this

prestigious certificate. This is a reflection of the effort by Indigo Properties’ management and team members to deliver the best. This certification will empower us to continue the hard work and dedication of developing excellence.

Established in 2004, Indigo Properties is driven by four directors who are passionate about offering the best in design, innovation, excellence and trust. Indigo Properties takes an independent and individual approach to developments, because they understand that each client they are building for is an individual with their own unique needs. This approach is backed by a solid understanding of the creation of beautiful and functional forms, married with years of experience. The company strives for the timely delivery of each project from small personal spaces through to large scale residential and commercial projects by harnessing the energy and intelligence of everyone who works with them.

MINISTER OF ECONOMY HOLDS COOPERATION TALKS WITH ITALIAN AMBASSADOR TO UAE By Qadeer Ahmad Siddiqui Dubai UAE: is Excellency Sultan Al Mansouri, UAE Minister of Economy, met with Giorgio Starace, Italian ambassador to the UAE, to discuss bilateral e c o n o m i c cooperation.Commending the excellent ties shared by the UAE and Italy, His Excellency Al Mansouri said the two countries enjoy open and flexible economies that aid foreign investments, and offer abundant scope for strengthening mutual synergy.His Excellency Al Mansouri said: “Bilateral relations with Italy have significantly matured during the last few years. In 2013, non-oil trade between the UAE and Italy surpassed US$6 billion. A total of 92 Italian companies, as well as 390 trade agencies and over 4,387 trademarks are registered with the Ministry. However, we believe there is room for further development in economic ties. Towards this objective, we have signed a number of strategic agreements and

memoranda in different sectors.His Excellency Al Mansouri and Giorgio Starace reviewed the results of the UAE-Italy Economic Forum held in June in Marche, Italy, and reiterated the importance of hosting events that draw the participation of business community members from the two countries. The UAEItaly Economic Forum was attended by a high-level UAE delegation headed by His Excellency Al Mansouri.Currently, Etihad, Emirates and Alitalia operate nine daily flights between the UAE and Italy. The number of tourists from the UAE to Italy and vice versa continues to rise, with Dubai alone hosting more than 133,000 Italian guests in its hotels during 2013.

Oil Demand: According to OPEC data, global demand in Q2 2014 increased by 1 mbpd yearon-year with 1.2 mbpd increase from non-OECD countries and a drop of 0.2 mbpd in OECD countries. Rising consumption during the summer months will push demand upwards in Q3 2014, with a pickup in economic activity, primarily in the US, supporting higher consumption during the third and fourth quarters of 2014 .The US is the main source of demand growth amongst the OECD countries. Further evidence of a full scale recovery in the US economy was provided by higher Q2 2014 manufacturing PMI’s, which will contribute to US oil demand rising to an average of 15.6 mbpd in 2014, up 2.1 percent, yearon-year.EU oil demand growth will continue to be weak due to the stuttering economy; Q2 2014 PMI’s declined slightly, compared to the previous quarter. Although we expect the EU economy to improve marginally over the second half of the year, as the fiscal position of the southern European economies continues to improve and industrial production recovers, structural changes through continuing improvements in fuel economy standards (Figure 2), will mean growth in oil consumption will be limited for the foreseeable future. Japanese oil demand in Q2 2014 was broadly unchanged year-on-year and will remain flat during the remainder of 2014 due to changes in the energy landscape. Although the Japanese economy has been weighed down by a sales tax, which was introduced at the start of June 2014, a mild recovery is expected on the back of central bank money injections and government spending.

improved in Q2 2014, with June’s PMI rising above the 50 mark for the first time in 2014 (Figure 3). However, China’s ability to meet its forecasted annual GDP of 7.5 percent is also contingent on the strength of overseas demand, and with only tepid growth in key export markets of EU and a recent upturn in the US, the risk of slower economic growth and, in turn, oil demand remains. Despite this, we still expect oil demand growth to be above 3 percent for the whole of 2014, as government infrastructure projects, new refineries and oil stockpiling sustain demand. The Crimea standoff between Ukraine and Russia has stabilized with the Russian government sending less hawkish signals around the invasion of eastern Ukraine. Nevertheless, risks of further fall in demand in oil for Russia does remain as existing sanctions and record capital outflow from the private sector, at $50.6 billion in the 1Q 2014, up from $27.5 billion year-ony e a r, h a v e h u r t t h e economy with downside risks through weaker 2014 GDP growth, forecasted at 0.8 percent, down from previous forecasts of 1.3 percent.Indian oil demand will remain at around 2 percent for the next two quarters. Demand will be held up by continued expansion in the construction sector but remains open to downside risks through macroeconomic uncertainty relating to a large fiscal deficit and capital outflows due to a lack of economic reform.Saudi Arabia consumption averaged 1.9 mbpd in the first half of 2014, up 28 percent, yearon-year. This rise was much higher than other GCC countries, which only increased by an average of 1 percent, over the same period. The sharp rise in oil demand from Saudi Arabia is largely a result of the startup of the 0.4 mbpd Satorp refinery in Q4 2013, which has pushed up refinery intake levels since the beginning of the year. Going forward, increased demand for generation in electricity during the summer months will see Saudi Arabian oil consumption rise in Q3 2014 and continuing economic growth will sustain oil demand throughout the remainder of 2014.

western Siberia oil fields, which yield two-thirds of total production, are very mature and require more capital intensive investment to maintain output levels. Total output from OPEC dropped by 4.5 percent in Q2 2014, year-on-year. OPEC continues to be affected by large falls in Libyan output, down 84 percent in Q2 2014, yearon-year. Latest OPEC data shows that Iraqi crude production rose by 2.6 percent, year-on-year, in Q2 2014, to 3.1 mbpd. We believe that the current civil strife in Iraq will not negatively impact oil output going forward. This is because, firstly, the main oil facilities are located in the south of the country where 90 percent of Iraqi crude exports are shipped from, and these areas have been unaffected by the violence. In northern Iraq around 0.2 mbpd of oil supply has gone offline as the main delivery point of this crude, the Baiji refinery, has been captured by insurgents. Secondly, insurgents in the north-west do not enjoy the same level of political support in the oil areas of the south and, lastly, any further push south by these groups is likely to draw military action from US, Iraq and Iran. In fact we see the main threat as coming from small scale attacks that add to a negative market perception which, in turn, keep a floor on oil prices. As such we forecast that Iraqi oil production will remain around current levels. According to the South Oil Company, exports from southern Iraq dropped by 7 percent in June, month-onmonth, to an average of 2.4 mbpd. These drops were attributed to upgrades and expansions work related to new export infrastructure which, after completion, will help increase the level of exports during the second half of 2014.The ongoing troubles in Libya continue to depress crude output, with total Libyan production lost since August 2013 now exceeding 350 million barrels. A recent agreement between the government and rebel groups has resulted in the opening of two terminals, with the potential to expand total output to 0.7 mbpd, up from Q2 2014 average of 0.2 mbpd. Although these are welcome positive political developments we still expect limited uptick in oil output from Libya as, firstly, the pattern that has emerged from the country seems to be that any positive development is likely to be reversed very quickly and secondly, even if the current agreement is genuine, export shipments are likely to face technical delays due to damage and neglect. As such we expect limited improvement in sustained Libyan production and exports for the remainder of 2014. Iran’s crude output decreased 14 percent yearon-year in Q2 2014, to 3.2 mbpd, but rising levels of exports are helping to reverse the declines in production. Under a Joint Plan of Action (JPAO) signed in November 2013 between the US and Iran, exports were to be limited to an average of 1 mbpd through to July 2014. In the first half of 2014, Iran has exported an average of 1.2 mbpd, with China being the largest customer. Whereas Japan, India and South Korea have cut back on purchases,

sabotage in 2013. On top of this an insurgency in northern Nigeria is adding to security fears. So far, much of the security problems have been concentrated in the north but any spread of attacks further south could target oil infrastructure which would no doubt contribute to fluctuating and unpredictable output. Saudi Arabian crude production was up by 2 percent in Q2 2 0 1 4 , y e a r - o n - y e a r, bringing the first half 2014 production average to 9.7 mbpd, up from 9.3 mbpd over the same period in 2013. We had previously forecasted full year 2014 average Saudi production at 9.4 mbpd, but we are now revising this upwards to 9.7 mbpd. A number of factors have led us to revise our production forecast, including continued outages and slower growth in output from other OPEC members, faster than expected upturn in the US economy resulting in higher demand for Saudi crude, and higher year-on-year domestic Saudi consumption. In the previous forecast one primary assumption had been that Saudi Arabia’s share of total OPEC production would gradually fall during the year as output from Libya came back online and Iraqi production steadily rose to around 4 mpbd over the course of 2014. As pointed out earlier, we now do not see Libyan supply returning to normal levels until after 2014, whilst security and infrastructure issues in Iraq will prevent production from rising beyond current levels for remainder of the year. We also see some rises in demand for Saudi crude coming from an improving US economy. Although shale oil has allowed the US to reduce its imports of crude oil, these reductions have affected producers of mainly lighter crude types, such as Nigeria, but because a majority of US refineries are still configured towards processing heavier crudes, imports from Saudi have not been be adversely affected. In fact, in the first half of 2014 Saudi crude exports to US averaged 1.4 mbpd, up from 1.2 mbpd in same p e r i o d l a s t year.Furthermore, increased demand for generation in Saudi Arabia electricity during the summer months in Q3 2014 and continuing economic growth throughout the remainder of 2014 will result in Saudi domestic consumption not changing substantially from first half 2014 average consumption of 1.9 mbpd.As a result of the factors outlined above, we now see Saudi Arabia production averaging 9.7 mbpd for 2014 as whole

will help photographers successfully shift their Supply: images from digital files to Global oil supply grew by head-turning graphics.On 0.4 mbpd year-on-year in BE THE DJ AT YOUR PARTY WITH SONY’S his appointment as Canon’s Q2 2014, with non-OPEC first LFP ambassador, NEW POWERFUL MHC-V6D’S SOUND supplies growing by 1.7 Wouter Kingma said: “This mbpd as a result of EXPERIENCE IN ONE BOX partnership with Canon is increased US oil production •Sound pressure horn technology amplifies very exciting because there (Figure 4). In Q3 2014 there are talented photographers sound and acoustic experience will be continued output in the region not have been increases from non-OPEC •Enjoy dance club entertainment with DJ music exposed to what great art sources, led by the US, but effects , LED speakers and Party chain feature you can create with large ongoing tensions in Libya format printers. We all want and limited growth in output to showcase our work and By Qadeer Ahmad Siddiqui m u l t i p l e from Iraq will result in OPEC the LFP’s are great tool to Dubai UAE: s o u n d output declining in 2014, get creative. I look forward to ony Middle East and outputs.DJ year-on-year.The shale oil sharing with the A f r i c a F Z E Effects and Oil Prices: revolution in the US photography community the a n n o u n c e d t h e LED lights continues apace with Brent prices edged up 1 unique solutions Canon can launch of the new MHC-V6D : S o u n d production rising by 15 percent in Q2 2014, to $110 provide in making their all-in-one sound system with system ideal percent in Q2 2014, yearper barrel, compared to the images have incredible 1440 watts RMS (15,840 for parties on-year. p r e v i o u s q u a r t e r, a s impact.Canon offers an watts PMPO) comprising and creating developments in Iraq added extensive range of specialist world class technology for m u s i c . T h e As economic recovery to the already elevated Large Format devices for the production of high quality DJ effects in builds momentum, we prices seen since the photography and fine art sound.Acoustic Experience Sony home audio systems expect to see increased beginning of the year due to applications. The 12 color :Design principle of woofers include a choice of isolator, investment in both nonthe crisis in Libya and LUCIA pigment ink system i m p r o v e s m u s i c flanger, pan and wah effects. conventional and Ukraine. With moderate ensures outstanding image experience.The Sony 2014 Users can also create music conventional oil resources growth in global oil demand expression and superb color h o m e a u d i o s y s t e m through mixing different M o r e p e r t i n e n t l y, t h e which will expand output by and accelerating nona n d b l a c k a n d w h i t e i n t e g r a t e s t h e ‘ S o u n d kinds of notes with DJ government is also in the 12 percent in second half of O P E C s u p p l y, g l o b a l reproduction. Furthermore, Pressure Horn’ technology effects.The LED speakers process of reactivating 17 2014. US production will balances will be in surplus C a n o n ’ s i n n o v a t i v e in its woofers to produce come with brilliant built-in out of its 54 nuclear average 8.42 mbpd in 2014 for 2014 but this will not technology produces prints e x c e l l e n t s o u n d . T h i s LED lights to create a disco reactors. and 9.27 mbpd in 2015 and translate to lower crude that are highly scratch technology increases the like ambience.Song Pal F i v e o f t h e 1 7 a r e this will be accompanied by prices as geopolitical resistant and unaffected by acoustic pressure of the App:Enjoy music across earmarked to come back declining oil imports, which tensions prevent prices lighting variations to deliver bass to generate deeper and p l a t f o r m s v i a M o b i l e online in 2014 contributing will average 7 mbpd in 2014 from falling, with the current outstandingly consistent stronger sound quality. The App:Song Pal is a free to oil demand dropping by and 6.2 mbpd in 2015. By situation in Iraq adding to results for over 100 years. sound pressure is amplified d e d i c a t e d a p p f o r 3.6 percent in 2014, year- 2015, imports of oil will volatility. T h e s p e c i a l i s t r a n g e by using enclosures that smartphones that allows on-year. represent 36 percent of total includes the ability to print on create a long narrow path users to hear music content US energy consumption, China has not and is not Furthermore, we also see satin, glossy or embossed within the speaker cabinet. on the Sony audio system. A l s o , t h e J a p a n e s e compared to 58 percent in expected do so going an additional floor on prices papers and water resistant Even at low amplitude Consumers can choose government is forcing 2010. forward. Oil production from on the back of higher costs canvas with a diversity of levels, the Sound Pressure music, control playback on domestic crude refiners to Nigeria rose 12 percent of production related to US weights and roll widths to Horn technology allows various music sources, improve energy-efficiency With the political tensions during Q2 2014 year-on- s h a l e o i l , w h i c h i s provide the maximum range clear and full bass.Multiple browse content on USB through regulation, which around Crimea stabilizing, year, but theft, sabotage increasingly contributing to of choices and quality for Connectivity:Party Chain device, change sound will result in refining we see a decreased risk in and a worsening security a larger share of global oil b r i l l i a n t , o n e - o f - a - k i n d mode enables multiple settings and power control. capacity decreasing by disruption on Russian oil situation point towards output. As a result of the graphics.Canon’s products connectivity to enhance The app is available at both a r o u n d 0 . 1 m b p d i n supplies. In 2014, total increased downside risk to above factors we have and solutions also include powerful sound and party Google Play and the App 2014.China’s economy Russian crude production the country’s oil output. revised our Brent oil cameras, office printers, like atmosphere.The Party Store.The MHC-V6D from gained pace in June on the will grow by just under 1 According to the Nigerian forecasts upwards from scanners, office copiers, Chain mode helps connect Sony is now available at all back of improving demand percent. Russian oil output N a t i o n a l P e t r o l e u m $105 per barrel previously, projectors, photography all Sony 2014 Home Audio Jumbo outlets and select at home. growth has been on a C o r p o r a t i o n ( N N P C ) to an average of $109 per equipment, camcorders and systems with a normal electronics retailers in the downward trend in recent around 0.3 mbpd of crude barrel in 2014 more. auxiliary cable to enable UAE. M a n u f a c t u r i n g P M I ’ s years, as many of the was lost to theft and azad news uae.azad news uae .azad news uae azad news uae.azad news uae azad news uae azad news uae.azad news uae .azad news uae azad news uae.azad news uae azad news uae azad news uae. (pg4)

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MEBA ATTRACTS GLOBAL INTEREST MEBA exhibitors eyeing Dubai as global aviation hub By Qadeer Ahmad Siddiqui Dubai UAE: he sixth edition of MEBA (Middle East Business Aviation), being held at Dubai World

T Azad News UAE 1-7 AugustT 2014, 5-11 Shawal 1435 Email:azadnewsuae@yahoo.com Mob:00971 56 118 6007

ROGER DUBUIS LIGHTS UP THE WORLD’S WRISTS By Qadeer Ahmad Siddiqui Dubai UAE: olour transforms, conveys and deines a blend of personality, preferences and attitudes.Red for strength, health and vitality; yellow for happiness and imagination;

beige for earthy chic; blue for serenity and caring; or simply an explosion of the rich purply pink Radiant Orchid Pantone Colour of the Year 2014.The potential interpretations of this up-tothe-minute theme are as ininitely varied as the countless facets of fashion. As endless as the everspinning circle of time expressed by the Manufacture Roger Dubuis through a sizzling on-trend range of straps, dials and gems designed to suit every occasion.From the coldest nights of winter to the hottest summer days, Roger Dubuis is right up there with this year’s best looks and colour trends, from soft and subtle to popping and powerful, from pastel shades to primary tones. Introducing the PANTONE Spring 2014 Fashion Colour Report, Leatrice Eiseman, executive director of the Pantone Colour Institute, stated:This season, consumers are looking for a state of thoughtful, emotional and artistic equilibrium. While this need for stability is relected in the composition of the palette, the inherent versatility of the individual colours allows for experimentation with new looks and colour

combinations.Emotions and artistic equilibrium are indeed cornerstones of life according to Roger Dubuis. At the forefront of the contemporary Haute Horlogerie scene since 1995, the brand’s audacious and unconventional models, rich in conceptual creativity and mechanical detail and irmly anchored in the 21st c e n t u r y, embody t h e savoirfaire and expertise of the i n e s t mechanis ms.Colou r is a natural theme for

SPACES SALON INTRODUCES REVITALIZING ROSE AND CITRUS MANICURE AND PEDICURE TO BEAT SUMMER BLUES By Qadeer Ahmad Siddiqui Dubai UAE: he heat and humidity are upon us once again, making it essential to protect our skin and hair. Spaces Salon and Spa’s n e w rejuvenating Rose and C i t r u s Manicure and Pedicure Spas could just be your answer!The aromatic Rose Manicure and

Pedicure Spa takes a delicate and gentle approach to caring for your hands and feet. With a natural mineral scrub to exfoliate, a cream mask to enliven dull skin and botanical lotions to heal and rejuvenate dry skin, the spa is the perfect panacea for summer’s arid conditions and the toll it takes on you. The treatment is available at just AED130 for a manicure and AED150 for a pedicure.The Citrus

NEW FOD*BOSS SWEEP TRACKER APP REVOLUTIONIZES FOD SWEEPING OPERATIONS AND MANAGEMENT PROGRAMMES By Qadeer Ahmad Siddiqui Dubai UAE: ustralian-based Aerosweep PTY LTD, manufacturers of FOD*BOSS, the airfield foreign object and debris sweeper, has launched a new complimentary iPhone

Manicure and Pedicure Spa, offered to both women and men, is a re-energising vitamin-fuelled treatment using a salt mineral lime

Aimed at increasing efficiency of FOD (Foreign Object Debris) collection the new FOD*BOSS Sweep Tracker App also supports the upgraded next generation Phase 3 FOD*BOSS sweeper which was introduced earlier in 2014.Operations personnel can now, for the first time, track their entire FOD sweeping programme by logging on to an online database which, using GPS technology, tracks and logs its user ’s sweeping operations. The App calculates the distance swept and areas covered by the FOD*BOSS sweeper; it then records this information together with the weight of debris collected by the operator, enabling comparison of one sweep to the next. In addition the user can watch a FOD sweep live via the App so enabling them to compare and monitor FOD Sweeps to ensure all areas of the airfield are covered. “FOD doesn’t just damage engines and injure personnel, it also damages tyres, both on aircraft and ground support vehicles” said Aerosweep Manager Brook Tozer. We wanted to develop a precision sweeper to prevent Foreign Object Damage to highly vulnerable jet engines, aircraft and vehicles. We anticipate that the supporting iPhone App will become an essential tool for an airport’s FOD management system.The United States FAA (Federal Aviation Administration)

scrub, cream mask and lotion f o r d e e p revitalisation that will leave your hands and feet with a s o f t a n d becoming glow. The manicure is available at AED130 for women and AED120 for men while the pedicure is available at AED150 for women and AED140 for men. So, why wait? Beat those summer blues with Spaces Salon’s diverse range of beauty treatments and best-in-class products that leave your skin tingling fresh, regardless of the temperatures. For more details, please contact Spaces Salon at Oasis Centre Dubai on 04 515 4400.

Advisory Circular 2010 for Airports states that FOD M a n a g e m e n t , comprehensive data collection analysis and reporting is a critical component of FOD Management Programme.

The newly created FOD*BOSS Sweep Tracker App will also assist airports with key documentation and reporting tasks. We are continually looking at developing its capabilities and with the new iPhone App operations teams can save time and eradicate as much FOD as possible from an airfield, so ensuring maximum safety.Jon Harper Business Development Manager for Cambridge Airport and Franchise Manager for the FOD*BOSS product for the last six years in the UK and Ireland says, This innovative App will really add value to the sweeping strategy of an airport as keeping the apron, runway, and tarmac areas clear is crucial for safe airport operations. The new App provides a cost effective way of improving efficiency and monitoring. It will certainly be welcomed by existing and new clients.The importance of the FOD*BOSS sweeping equipment is exemplified by the fact that over 60% of the UK civil airports use the product and Harper states that year on year growth is increasing at a rate of 10% annually. The new FOD*BOSS Sweep Tracker App for iPhones is available to download free from www.itunes.com/appstore by typing in fodboss to the search function. Find out more from http://www.fodboss.com/fo dboss/app/ https://www.youtube.com/ watch?v=3dbIKDHvoUA www.aerosweep.com

MILLENNIUM PLAZA HOTEL DUBAI SPONSORS ANNUAL VOLUNTEER’S PARTY AT AL NOOR TRAINING CENTRE One of a number of chosen charities for Millennium Plaza Hotel Dubai By Qadeer Ahmad Siddiqui Dubai UAE: illennium Plaza Hotel Dubai, one of t h e l u x u r y accommodations along Sheikh Zayed Road, recently sponsored the Annual Volunteers Party at the Al Noor Training Centre for Special Needs as part of its social responsibility while invigorating the spirit of this year's observance of Ramadan.The event was organized to honor the center ’s dedicated volunteers and supporters that form an important part of the Al Noor family and whose generosity and p a s s i o n w a s acknowledged. Millennium Plaza Hotel Dubai prepared a sumptuous meal for the children and participated in a variety of

exciting activities.Daniel Matthew, General Manager, Millennium Plaza Hotel Dubai, said:We are delighted to work with the Al Noor Center in enriching the lives of children with special needs. This event was to acknowledge and award the efforts of the volunteers who help run the institution. We are proud to be a part of this great opportunity to support the community and look forward to contributing to next year ’s event.The centre, a non-profit organization that can accommodate up to 300 students, provides the same opportunity through professional training to young people of all nationalities and socioeconomic backgrounds.

By Qadeer Ahmad Siddiqui Dubai UAE: ubai Summer Surprises (DSS), the r e g i o n ’s l e a d i n g s h o p p i n g a n d e n t e r t a i n m e n t extravaganza, is bringing international style icon and fashion mogul Kimora Lee Simmons to the city on 10 August to host an interactive style

boosted by this style session with fashion icon, K i m o r a L e e Simmons.Three leading Dubai personalities will outfit the models from headto-toe for the style session, featuring clothing and accessories from Galeries Lafayette, the forefront of retailing in Dubai. Stylists will be spoilt for choice assembling their looks from

session.The Creative Director of KLS Kimora Lee Simmons will take centre stage at The Dubai Mall Fashion Catwalk to judge a styling competition and offer fashion advice on how to dress for the occasion and one’s personality, while showcasing how to a cce sso ri se a n d l o o k fabulous in the latest trends in day wear, evening wear, abayas and more. Simmons will engage the audience by taking questions in between each look. The session will be co-hosted by Mohammed Sultan Al Habtoor, one of the most influential fashion icons in the Middle East, and the duo is sure to keep The Dubai Mall audience captivated.Dubai Summer Surprises, organised by Dubai Festivals & Retail Establishment (DFRE), runs from 2 August to 5 September 2014 and promises a month-long festival of valuable shopping deals and funfilled, family-oriented entertainment throughout the city. The style session is just one part of the city-wide Dubai Summer Surprises extravaganza, launched back in 1998. In a city that’s renowned for shopping (voted the number destination in the world for shopping by TripAdvisor), this festival embraces all things retail, seeing thousands of stores, souqs and malls join in the fun by slashing prices and launching competitions with incredible prizes worth millions of dirhams.Kimora Lee Simmons is a highly acclaimed fashion designer, lifestyle entrepreneur and beauty maven well known for being the face of Chanel, her hit docu-reality series Kimora, Life in the Fab Lane, and as the former President and Creative Director of Phat Fashions, comprising the Phat Farm and Baby Phat brands. In 2011, she joined JustFab as President and Creative Director, developing an exclusive collection of shoes and bags for the online subscription-based brand, which is currently the world’s largest online footwear retailer, boasting 800,000 members and $500 million in sales volume in its fourth year.Laila Mohammed Suhail, CEO of DFRE, said: “Dubai Summer Surprises has been hosting world-class events in the city’s shopping malls during the summer season for the past 16 years, enhancing the shopping experience for both residents and visitors. DFRE’s successful portfolio of fashion events, notably The Vertical Catwalk, the Express Fashion on board the Metro and The Biggest Make-over will certainly be

the largest department store in Dubai which offers a wide selection of the most fashionable and top designer labels and a 360degree shopping experience which includes w o me n sw e a r, a b a ya s, eveningwear, jewellery, luxury accessories, shoes, beauty, and more.The Dubai Mall, the world’s largest shopping and entertainment destination is the obvious host for the style session. The mall has revolutionised the modern shopping experience, offering its visitors numerous retail choices and facilities, including more than 1,200 retail outlets, 200 restaurants, and a host of world-class attractions such as the Dubai Aquarium & Underwater Zoo, the 76,000 sq. ft. adrenaline SEGA Republic theme park, Olympic-sized Dubai ice rink, and more.Dubai Summer Surprises and Galeries Lafayette are offering a chance to win VIP passes to the invitation-only style session, via a Dubai Summer Surprises Tag Your Style Instagram social media competition. The UAE’s fashionistas can showcase their fabulous sense of style by posting a picture of themselves on Instagram with the hasht a g s ?# ?M y D u b a i ? a n d ?# ?K i m o r a D u b a i ?. T h e competition, from 20 July to 3 August, is open to UAE residents only. Three winners will receive two VIP passes for the exclusive style session. One grand prize winner will receive a bespoke Galeries Lafayette experience, which includes a personal shopper style session, hair makeover at the Jacque La Couple Salon, gift voucher for Gerard Darrel, a Poca & Poca gift, and a Lafayette Gourmet gift hamper. Visit https://www.facebook.com/ summerisdubai for more information.The event is being organised by Dubai Summer Surprises in cooperation with Maven Marketing & Events, the region’s leader in e n t e r t a i n m e n t marketing.Continuing her legacy in fashion, Kimora Lee Simmons is launching a new designer KLS line this fall internationally, with the global ecommerce site launching in October, and plans to bring the luxurious yet versatile collection to the bustling retail sector in Dubai. She will be meeting with top distributors and buyers while in Dubai, offering them a sneak peak of the designer collection of exquisitely crafted, multifunctional statement pieces designed to meet the diverse needs of the modern woman’s richly faceted lifestyle.

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App to support the use of its FOD*BOSS Sweeper equipment.

the Manufacture Roger Dubuis, which sees it as an ideal means of expressing its own vibrant, upbeat and unconventional personality and even more importantly that of its wearers.The palette of interpretations includes shimmering satin straps and statement gemstones in the Velvet collection, as well as multihued glossy leather straps and even a cobalt blue dial (another hot trend in 2014!) in the Excalibur 42 collection.So whether one wishes to convey boldness and wit, strength and brilliance, or elegance and beauty, the brand’s many shades of colour combined with glamorous design, stunning movements and exceptional charisma will ensure that every diva and her warrior are kitted out for this season… and the next.

Senior Marketing Manager, says the Greenpoint Technologies team attended Dubai Airshow at DWC last y e a r, a n d w a s v e r y impressed with the venue.

CREATIVE DIRECTOR, ENTREPRENEUR AND FASHION DESIGNER KIMORA LEE SIMMONS TO HOST INTERACTIVE STYLE SESSION AT THE DUBAI MALL DURING DUBAI SUMMER SURPRISES

Central (DWC) from December 8-10, 2014, is attracting new participants from all over the world.As the only show in the region dedicated to private aviation, MEBA, organised by F&E Aerospace on behalf of MEBAA - Middle East & North Africa Business Aviation Association, now brings together leading players across the full spectrum of the industry from chartering,leasing and selling to purchasing, operating and servicing business and VIP jets.Dubai World Central, when complete, aims to be the largest airport in the world, covering 220 km². And the global aviation industry is paying attention.One such industry player, and a firsttime exhibitor at MEBA, XJet, intends to make DWC its global operations hub.XJet is one of four FBO's licensed to operate at DWC, bringing a level of luxury VVIP service that has ranked then number one in the US private aviation sector for two years running. The company provides hangarage alongside unique Seven Star Concierge services creating a total aviation solution.Dubai World Central will be XJet’s global headquarters. We have successfully established a hub in the United States and are now committed to establishing global hubs in the UAE and Europe,” says Josh Stewart, CEO of XJet.XJet identified the growing demand for business aviation in the Middle East and North Africa region early on in our development and has spent several years developing key relationships and investing in the region. With a projected doubling of private jet movements in the next five years, these are very exciting times for business and private aviation,he adds.While this is the first time XJet has exhibited at MEBA, the company has attended the growing event for the last several years.We expect this to be the biggest and best show so far, and we are excited to introduce our unique brand of Seven Star Service and to launch the XJet brand at the show,says Stewart.He sees business at the new hub coming from Saudi Arabia, Russia, Europe and the US.Meanwhile another m a j o r g l o b a l p l a y e r, Greenpoint Technologies, shares the excitement to exhibit at MEBA for the first timeThe company completes Boeing Business Jets, and its clients while confidential – include global heads of state and VIPs.Christine Hadley,

“We are excited to exhibit at MEBA this year and look forward to a successful show,” she says, adding that while it is the first time the company has exhibited, “Our sales team attends MEBA regularly and has since it initiated in 2007. We feel this year is a perfect opportunity to exhibit at the show based on our focus on business aviation especially w i d e - b o d y aircraft.Greenpoint Technologies' focus at the event is on VIP completions, as well as representing parent company, Zodiac Aerospace Group, with p o t e n t i a l opportunities.Hadley sees aircraft design and trends “moving toward efficiency, both in energy and technology as well as space and comfort. Our goal is to encompass all aspects of one’s life effectively into our client’s business jet. We seek the highest level of performance, decorum and the luxuries of both home and office, all at your fingertips.While the company does both refurbishments and new builds, Hadley says Greenpoint's current programmes include new builds, such as Boeing 787 a n d 7 4 7 - 8 V I P completions.Ali Al Naqbi, Founding Chairman of MEBAA, says: “DWC is the location where everyone wants to be. The industry is experiencing regional growth of around 13-15% this year, a dramatic jump, and this is being reflected in the growing number of exhibitors we are seeing at MEBA 2014.The event promises to bring together the industry in a perfect venue, and as well as the unrivalled chance to network with the region's most senior players, we are also now making deep inroads into global markets,” adds the chairman.Michele van Akelijen, Managing Director, F&E Aerospace, said: “When you look at the vast opportunities this region offers the sector, it's no surprise that we are seeing a host of new participants. MEBA is a must-attend event for anyone involved in chartering, leasing, selling, purchasing, operating and servicing business and VIP jets as exhibiting at MEBA provides the ideal platform to reach key business contacts and, crucially in this r e g i o n , b u i l d relationships.The current figure of around 530 registered aircraft in the MENA region is expected to rise to 1200 by 2020. The number of movements in the region is anticipated to reach 175,000 by 2020, up from 105,000 in 2012.

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TAKE A WALK ON THE WILD SIDE Desert Gate’s wealth of knowledge and unrivalled personal service provides truly authentic experiences

Azad News UAE 1-7 August 2014, 5-11 Shawal 1435 Email:azadnewsuae@yahoo.com Mob:00971 56 118 6007

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OLAYAN FINANCING COMPANY ACQUIRES MAJORITY STAKE IN GULF UNION FOODS COMPANY ? Olayan Financing Company acquires 51 percent of GUFC from Jadwa Investment and other shareholders By Qadeer Ahmad Siddiqui Dubai UAE: layan Financing Company (“OFC”), Jadwa Investment (“Jadwa”) and other shareholders of Gulf Union Foods Company (“GUFC” or “the Company”) announce that they have completed the sale of 51 percent stake in GUFC to OFC. GUFC is one of the leading juice and beverage manufacturing companies in Saudi Arabia and the GCC.As part of the transaction, Jadwa Investment, a leading Saudi Arabian private equity house and investment bank, has sold the entire 30 percent stake in GUFC that was owned by its Food and Beverage Opportunity Fund (“the Fund” or “Jadwa’s Fund”). Jadwa’s Food and

(“CMA”) in the Kingdom of Saudi Arabia.Dr Sulaiman Salih Al Rashoudi, founding shareholder and Chairman of Gulf Union Foods Company, said:I would like to congratulate Jadwa and OFC for successfully closing this transaction. I would also like to thank Jadwa Investment for their support, which was a key part of our successful growth. The Jadwa team provided world-class advice for our various strategic and business initiatives and enabled us to

Beverage Opportunity Fund invested in GUFC in December 2009 and is a private Shari’a-compliant closed-end fund established under the laws and regulations of the Capital Market Authority

pursue significant growth opportunities. At the same time, I am delighted to welcome OFC as our majority shareholder, and I look forward to working with them to continue building on GUFC’s success.Tariq

Al Sudairy, Managing Director and CEO of Jadwa Investment, said:Since the Fund’s investment in GUFC in 2009, we have been working closely with GUFC shareholders and management on several key strategic and business initiatives. During our holding period, GUFC experienced strong financial performance, registering a compound annual growth rate of 22% in revenues and 14% in net income. We are proud of our partnership with GUFC and wish their shareholders and management team continued success with OFC.Jean-Marc Delpon, Olayan Financing C o m p a n y ’s P r e s i d e n t C o n s u m e r , commented:OFC has always been a strong

e f f i c i e n c y, i t s c l e a r business strategy and its sound management team. We are looking forward to working with the founder, Dr. Sulaiman Al Rashoudi, and his team to take the company to even greater success. Together, we are confident that we can expand our reach to new markets and develop synergies that will enable GUFC to achieve its full potential, today and in the future.Gulf Union Foods Company is a Saudi Closed Joint Stock company established in 1996. The company has been in operation since 1999. From 2001 the company started to diversify and introduced other products under various brands. Currently, the company offers juice,

believer in Saudi beverage and consumer companies, as we have invested in joint ventures with various local and multinational companies over the years. What attracted us to GUFC was its effectiveness,

nectar, still drinks and floats through 9 brands. GUFC has 12 production lines and 1200 dedicated staff. The company is among the largest players in terms of market share in both Saudi Arabia and the GCC.

HOME ALONE AND HUNGRY? Centro Barsha to the rescue with All You Can Eat Burger Night

MINISTER OF ECONOMY DISCUSSES BILATERAL COOPERATION WITH PAKISTANI AMBASSADOR By Qadeer Ahmad Siddiqui Dubai UAE: is Excellency Sultan bin Saeed Al Mansouri, UAE Minister of Economy, met with Asif Ali Khan Durrani, Pakistan's Ambassador to the UAE, to explore ways for promoting economic relations, trade and mutual i n v e s t m e n t between the two countries.During the meeting that took place at the Ministry of Economy offices in Dubai, His Excellency Al Mansouri stressed the need to build on the agreements and outcomes of the 11th UAE-Pakistan Joint Committee meeting to further develop mutual relations across various sectors including energy, oil and gas, environmental preservation, industry, t e c h n o l o g y , telecommunications, civil aviation, tourism, transport, real estate, finance, banking as well as humanitarian and charitable work.The discussions also looked to identify initiatives that would encourage businessmen and investors from both countries to engage in dialogue,

participate in specialised meetings and exchange visits.The long-standing relations between the UAE

and Pakistan were established in November 1972. In February 1977, the first meeting of the UAEPakistan Joint Committee was held in Abu Dhabi. The two countries signed an agreement on avoidance of double taxation in 1999.According to the Ministry of Economy, Pakistan ranks 24th in foreign trade volume with the UAE and is the country’s 16th largest importer. Non-oil trade, excluding trade through free zones, between the UAE and Pakistan stood at more than AED1.9 billion in 2013. Currently, 7,000 Pakistani companies and 12 trade agencies operate out of the UAE.

By Qadeer Ahmad Siddiqui Dubai UAE: t is a very familiar summer scenario: the family has left you, the fridge is empty and you have just about had it with take-aways. Despair no more, because the everpopular All You Can Eat Burger Night is starting up again after Ramadan. Every Tuesday at c.taste in Centro Barsha we will do the cooking for you with burgers just the way you like it.For just AED 99 you can indulge in bespoke burgers at our live cooking stations including two house beverages (soft drinks, hops or grape) and desserts from our buffet. From 6:3010:30 pm.Tuesdays just got a lot better.c.taste where I eat. Tasty and tasteful. All day restaurant offering buffet for breakfast, lunch and dinner. The emphasis of the Centro dining experience is on serving a delicious array of international food for breakfast, lunch and dinner. We h a v e c r e a t e d a n intimate yet lively atmosphere, perfect for sampling a tempting selection of culinary delights, any time of d a y. C e n t r o B a r s h a : a modern, stylish and affordable lifestyle business hotel.Developed by one of

the most successful and applauded hotel groups in the region, Centro is a contemporary concept that is young and fresh in its approach, original in its presentation, and dynamic in its offerings. It is designed for a new generation of travelling executives who demand both finesse and functionality at reasonable rates. Conveniently located 500m from the Mall of the Emirates and Metro, the business districts of Media City, Internet City, Jebel Ali and the commercial areas of Sheikh Zayed Road and Dubai Financial Centre, Centro Barsha, Dubai, combines style, warmth and convenience with a dash of creativity to deliver an experience that is like no other. Further information on any Rotana property, its brands or reservations can be obtained by visiting rotana.com or by contacting one of our regional sales offices.

opportunities,” said Mr. Midfa after the meeting.Stronger trade ties will help the UAE and the regional business community to tap into Kenya which is seen as East Africa’s regional trade and finance hub. With bilateral trade between Kenya and the UAE reaching close to US$1 billion in 2012, there is enough potential to boost trade between the two sides.Kenya has been a strategic partner of the UAE since long, prompting the country’s private sector to invest in Kenya’s aviation, mining, education, renewable energy, oil & gas and manufacturing sectors.The Kenyan side also explored possibilities

of taking part in some of the trade fairs organised by Expo Centre Sharjah, with special focus on shows like the Halal Middle East E x h i b i t i o n a n d Congress.Kenyan distributors are active in the regional Halal market. The Kenyan Halal industry is looking at spreading its wings to source as well as market their own products. The UAE, which is aiming at becoming a major global Halal hub, offers high potential and the Halal Middle East will be an ideal platform for Kenyan businesses to explore the market over here,added Mr. Midfa.The 3rd OIC Halal Middle East Exhibition & Congress is scheduled to be held at Expo Centre

once in a lifetime experiences taking the hassle out of holiday planning.Desert Gate’s scintillating city tours of Dubai take you to world renowned sights including the glittering Burj Khalifa and Dubai Mall followed by premium fine dining experiences. The ‘Discover Dubai’ tour starts with a stop at the magnificent Dubai Creek before passing by the heritage area of Bastakiya with its charming towered houses built by wealthy

merchants. Guests will then visit the 225 year old Al Fahidi Fort and the Dubai Museum which holds precious archives and memories of the city’s past. Just a few streets on, guests board an Abra - traditional wooden boat - and travel across the Creek to visit the Spice Market and Gold Souk. Happy shoppers can find some of the finest jewellery in town before visiting Treasures House for an exclusive private fashion show followed by a visit to Bait Al Banat Woman’s Museum. En-route home marvel at the beautiful Jumeirah Mosque and the legendary Burj Al Arab hotel.For those looking for a

stylish adventure, opt for the ‘Heritage Safari’ tour where you will be escorted in a classic 1950’s open top land rover across the dramatic Dubai Desert Conservation Reserve. Visitors can witness the local wildlife and

may even be lucky enough to spot falcons soaring overhead. Welcomed at the Bedouin Royal Desert Retreat with glowing Arabic lanterns, guests become immersed in local culture enjoying dance, music, the art of traditional Arabic coffee and bread making as well as partaking in henna tattoos.Elevate you trip to new heights with Desert Gate’s ‘Seaplane Emirates Palace Experience’. Take off from the waters of the Dubai Creek where you will commence your journey to Abu Dhabi, the capital of the UAE. From the sky observe traditional dhows gently sailing across the Creek, UAE skyline and spy rare aerial views of the iconic Palm Jumeirah and World Islands. As you arrive in Abu Dhabi guests can look out for a plethora of famous sights including Ferrari World, Yas Marina Grand Prix circuit, the manmade

Yas Island, the serene Grand Mosque and stunning mangroves. Arrive on the private shores of the opulent Emirates Palace Hotel - one of the most luxurious hotels in the world - where guests can enjoy a delightful evening of camel tours and a true Arabic feast to complete their magical excursion.With the UAE known for its high temperatures, Desert Gate p r e s e n ts v i s i to r s w i th ultimate tours to cool off with fun fuelled activities for thrill seekers at the UAE’s top waterparks or relaxing poolside retreats. Educational dolphin encounters can be arranged for guests to shake hands with IndoPacific Bottlenose dolphins at ‘Dolphin Bay’ or ‘Diving’ tours where guests enter a paradisiacal world of sunken wrecks and colourful marine life along virtually u n t o u c h e d U A E coastline.With extravagant and exciting tours and excursions on offer coupled with guest centric personal touch and tailor made services, Desert Gate are the regions go to provider for one of a kind travel adventures that create lifelong memories for guests.

STANDARD CHARTERED PRIVATE BANK,CAMPDEN WEALTH RESEARCH LAUNCH FIRST ASIA, AFRICA AND MIDDLE EAST HNW REPORT – ‘BUSINESS BEFORE WEALTH’ Report shows 82 per cent of Middle East business owners surveyed have already internationalised their businesses. By Qadeer Ahmad Siddiqui Dubai UAE: tandard Chartered Private Bank (the Private Bank), in partnership with Campden Wealth Research, has today launched “Business Before wealth”, a report on the wealth management needs and preferences of High Net Worth (HNW) business owners in Asia, Africa and t h e M i d d l e E a s t . The research surveyed stakeholders in family businesses with a 2012 turnover and family net worth in excess of US$100 million, as well as stakeholders in non-family businesses with a 2012 turnover and individual net worth in excess of US$25 million.Our footprint markets coincide with the fastest growing wealth pools in the world and entrepreneurs are a key driver of this economic growth and the creation of jobs in Asia, Africa and the Middle East. These emerging market entrepreneurs are fast becoming an ever-more crucial client segment. This research reveals the dynamics of business and personal wealth of this new segment of wealthy individuals, and hopefully generates thought and

discussion on how private banks can adapt to serve them better,said Michael Benz, Global Head, Private Banking Clients, Standard Chartered Private Bank.The report showed that growing their business remains the primary and dominant goal for HNW business owners in the Middle East. The report also showed that 82 per cent of Middle East business owners surveyed have already internationalised their businesses compared to 58 per cent of Asian businesses and 42 per cent of African businesses implying the need for international banking services that support the geographic reach and growth of these b u s i n e s s e s . A n overwhelming majority (85

per cent) of respondents are heavily involved in the daily management and financial affairs of their business. Together with the main focus on growing their business, this leaves less time for personal wealth strategies, including planning for the eventual transfer of wealth, although, in the long-term, the importance of personal wealth preservation triples from 7 per cent to 21 per cent. As a matter of fact, several of the study’s interviewees admitted the need for education when it comes to preserving the family wealth. Commenting on the report’s findings for the region, Stephen Richards Evans, Regional Head of Private Banking for Europe, Middle East, Africa and South Asia, said:Over the past 92 years of presence in the Middle East region, Standard Chartered has accumulated a deep understanding of and strong relationships with the High Net Worth Individuals (HNWIs) who drive investment, trade and the accumulation of wealth. This report highlights the preferences and behaviours of HNWIs when it comes to managing their business growth and approach to wealth management. Its

findings underline the value addition that Standard Chartered as a full service bank offering Islamic and Conventional Retail, Corporate, Commercial and Private Banking services, brings to our clients. As a relationship-centric Bank, Standard Chartered strives to build deep and long term relationships with our clients with the aim of being their trusted financial advisor for growth and management of both their business and personal wealth in one continuum.In the Middle East as well as the rest of the surveyed regions, an average of almost half the respondents lack formal plans to transfer their wealth to the next generation. Structures for wealth transfer were more likely to be found among respondents who were not part of the founding generation of the business i.e. next generation – 67 per cent of this group has a structure in place. Standard Chartered provides a comprehensive range of trust and fiduciary services through its dedicated offshore trust centers in Singapore and Guernsey to preserve wealth and facilitate generational change and transfer.

DUBAI MARINA MALL

Visitors can enjoy traditional Arabic hospitality and savour Arabic delicacies and coffee by Abdel Wahab in a Majlis-like setting

KENYA LOOKS TO TAP UAE MARKET Kenyan Consul General meets Expo Centre CEO Explore ways to strengthen trade ties By Qadeer Ahmad Siddiqui Dubai UAE: mid rising bilateral trade with the UAE, K e n y a - t h e commercial powerhouse of East Africa – is trying to open up new channels of trade between the two co u n tries.In a recent meeting with Mr. Saif Mohammed Al Midfa, CEO, Expo Centre Sharjah, Mr. Kariuki Mugwe, Consul General of Kenya, discussed strengthening trade ties and explored opportunities of cooperation.Kenya is a strong trade partner of the UAE. Together we can assist the business communities from the both countries to take advantage of trade and investment

By Qadeer Ahmad Siddiqui Dubai UAE: uitcases at the ready, primed for a truly refreshing travel experience, look no further than newly fully fledged destination management company Desert Gate to offer one of kind personalised experiences, something for everyone with a variety of enchanting tours and excursions. Having been in the region for over two decades Desert Gate launched their offices in the UAE in May and has planned to extend their services into Oman later this month. In addition, Desert Gate is set to release their ‘prime’ excursions later this year sharing unique services and a wealth of knowledge with the international markets.Samir Tabbah, CEO of Desert Gate quotes ‘Life is not measured by the number of breaths we take, but by the moments that take our breath away.Desert Gate presents international companies with tailor made services and offer a selective choice of excursions ranging from gastronomical journeys to thrilling adventures sightseeing or outings and f u n p a c k e d c h i l d r e n ’s itineraries. Desert Gate’s long term tenure, knowledge and extensive network in the region have allowed them to refine their itineraries to provide unparalleled bespoke services. Whether its land, sea or air Desert Gate provides visitors with

Sharjah from December 8 to 10, 2014. For its previous edition in 2013, Halal Middle East saw an impressive rise in industry participation from across the globe on the back of the growing role of the UAE as a hub of Islamic e c o n o m y. We a l s o discussed possibilities of inviting trade delegations from Kenya to the shows at Expo Centre Sharjah. Since our shows cover a wide spectrum of industries and have impressive regional as well as global participation, it will be a great opportunity for Kenyan buyers to source their requirements as well as explore joint ventures and distribution channels,added Mr. Midfa.

By Qadeer Ahmad Siddiqui Dubai UAE: Dubai Summer Surprises:Dubai Marina Mall will be home to an array of world-class entertainment during the annual Dubai Summer Surprises 2014. From Pakour workshops, to colouring and arts & crafts for children, little ones will have a truly fascinating time at Dubai Marina Mall. Parkour Performance Date: Friday and Saturday Time: 6pm to 7:30pm Parkour Workshops Date: Sunday to Wednesday Time: 6pm to 7:30pm Toddler Play Zone for Colouring Date: Daily Time: 6pm to 8pm Toddler Play Zone for Arts & Crafts Date: Daily Time: 6pm to 8pm Stilt Walkers Date: Thursday Time: 7:30pm to 9pm Hedge Men Roaming Act Date: Saturday Time: 7:30pm to 9pm Aerial Act Date: Friday Time: 8pm to 9pm For more details, please call 04 4361020

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Azad News UAE 1-7 August 2014, 5-11 Shawal 1435 Email:azadnewsuae@yahoo.com Mob:00971 56 118 6007

EMPOWER’S COMMAND AND CONTROL CENTRE ENABLES CONSISTENT OPERATIONAL VIEW & CUSTOMER SATISFACTION •Project to enhance Empower’s operations and customer satisfaction By Qadeer Ahmad Siddiqui Dubai UAE: mpower, the world’s largest district cooling services provider, h a s b e g u n construction for a state-of-the-art Command and Control Centre (CCC) in Dubai, a project which integrates all operations for the company.With this centre, Empower will have a birdseye view of all activities in 57 plants including operations, spanning from the efficiency of its cooling towers to consumer consumption patterns. This investment represents a global first: more than one million parameter tags on a virtualised IT platform for the district cooling industry.The Command and Control Centre will be constructed by Avanceon, a leading manufacturing technology solutions provider. The CCC will use programmable logic controls (PLC) and supervisory control and data acquisition (SCADA).The technology will enable Empower to track operations across its 1 million Refrigeration Tonne (RT) district cooling network, and will use the w o r l d - c l a s s telecommunications network backbone in the UAE to connect the Empower plants with the CCC.Empower ’s Command and Control Centre will enable us to deliver secure, reliable services to our everexpanding customer base,” said Ahmad Bin Shafar, Empower’s Chief Executive Officer. “With the advanced technologies and systems

in place in our CCC, information on the demand, supply and consumption patterns in each and every

building unit will be available at our fingertips. Our integrated plant room will ensure that we can not only track our services, but spot and address performance issues immediately.The project is the first of its kind in the world, with capabilities of tracking, monitoring and controlling up to a million parameters in real time across Empower’s district cooling network in Dubai that include landmark real estate developments like Jumeirah Beach Residence, Dubai International Financial Centre, and Business Bay, among others.Our systems integration plan will enhance overall o p e r a t i o n a l efficiency,continued Bin Shafar.We consider this project as a major milestone, as it ensures that our customers receive a consistent level of service from us. Though the project demands huge investment, Empower’s focus is on long-term benefits, and we expect to reap huge dividends in the future in the form of customer satisfaction.

DEYAAR REGISTERS A RECORD 129% INCREASE IN CONSOLIDATED NET PROFITS FOR Q2 2014 Financial Highlights: •Net Profit for H1 2014 Notches up AED114.6 million, an increase of 145% from AED46.6 million for H1 2013 •Net Profit of AED62.5 million for Q2 FY14 up by 129% from AED27.3 million in Q2 FY13 •Total Shareholders’ Equity at the end of June 30, 2014 stood at AED4.2 billion Business Highlights: Launched bespoke hotel apartment project ‘The Atria’ in Business Bay in Q2 Fy14

Edition56pg8

SAGE MIDDLE EAST TO LAUNCH SAGE ERP VERSION 7 AT GITEX Latest release of Sage ERP solution provides tools to simplify complex processes and speed up access to business-critical information By Qadeer Ahmad Siddiqui Dubai UAE: age Middle East, the leading provider of b u s i n e s s management software to small and medium sized companies, has announced that it will launch the new Sage ERP X3 version 7 during its participation at the GITEX Technology Week on October 12-16, 2014, at the Dubai World Trade Centre. The latest release of the global business management solution for midsized companies, Sage ERP X3 version 7 delivers flexibility and an entirely redesigned web and mobile experience, providing easy access to all the required information and empowering businesses to address key challenges of winning new customers, reducing operating costs and growing revenue.Sage ERP X3 version 7 unlocks new possibilities for businesses to focus on accelerating growth by automating complex business processes and providing more efficient solutions to access, share and use business-critical information even on mobile devices. The GCC and the rest of the Middle East are important growth destinations for Sage and GITEX Technology Week is an key platform to reinforce strategic partnerships and business relations in the region and to showcase our latest innovations, especially the powerful global business management capabilities of the Sage ERP X3 version 7,” said Keith Fenner, Senior Vice President Sales – Sage ERP Africa and Head of Sage Middle East.Sage ERP X3 version 7 allows businesses to monitor performance, serve customers better and be notified of events that require attention through

several new features, including an intuitive web and mobile interface based on HTML5 that supports common browsers and is highly customisable. Version 7 also offers a variety of apps and comes with a mobility development kit, compatible with iOS, Windows Phone and most Android devices.Sage ERP X3 version 7 is the latest release of the Sage ERP solution for the midmarket, serving 4,500 customers and over 219,000 users globally.Sage Middle East has been a trusted global technology partner in the Middle East with customers from across all industries and sectors such as logistics (Aramax), health care (Saudi German Hospital), airline (Air Arabia), banking (NBQ), postal services (Emirates Post), call centre (Sharjah Contact Group), trading (Awazi Gargash Group and Horeca Trade), financial services (Al Rostamani and Amlak), construction (Turner Construction) and oil and gas (NSCC and PetroNas).GITEX is the Middle East’s premiere technology showcase and an annual international trading hub for the global technology sector. It serves as an inbound sourcing platform for the entire Middle East region and the eminent source for anyone interested in doing business in the region.

NISSAN AND CITY FOOTBALL GROUP ESTABLISH GLOBAL FOOTBALL PARTNERSHIP FIRST COLLABORATION ACROSS GLOBAL FOOTBALL NETWORK Nissan Motor Co. and City Football Group (CFG) today unveiled a global partnership which will By Qadeer Ahmad Siddiqui Dubai UAE: he 5 year deal represents a first for CFG, with Nissan becoming the first global partner of the football network, an organisation including Nissan majority o w n e d Yo k o h a m a F•Marinos alongside Barclays Premier League Champions, Manchester City FC, Manchester City Women’s FC, New York City FC, and Melbourne City FC. City Football Group also owns Football and Marketing Companies operating from a number of offices around the world. The Nissan CFG partnership will see Nissan become the Official Automotive Sponsor of Manchester City Football Club and enjoy a strong brand presence at the Club’s famous Etihad Stadium, complemented by fan engagement opportunities targeting City supporters all over the world. This will sit alongside unique rights packages in the territories of each of CFG’s network of football clubs.The collaboration follows the previous agreement between the two organisations, announced in May of this year, which saw CFG assume a minority stake in the Nissan o w n e d Yo k o h a m a F•Marinos and commit to provide its knowledge, expertise and services to the J-League club through the City Football Services and City Football

Marke t i n g comp anies. Nissa n has alway s been imme nsely proud of its place i n Yokoh a m a F•Mari n o s history and is n o w privile ged to be part of the story of CFG and their network of fantastic global football teams,” said Carlos Ghosn, Nissan President and CEO.This innovative partnership enhances Nissan’s investment in the game of soccer which is a key platform to further strengthen our brand globally.Additionally, the value in kind deal will see Nissan introduce the world’s best-selling electric vehicle to the world’s fastest growing football team, an example of how the collaboration will pair innovation with innovation to bring the excitement of Nissan and soccer to customers around the world.Khaldoon al Mubarak, Chairman of City Football Group, commented, “We are delighted to be working with Nissan as CFG’s first group-wide global partner.

By Qadeer Ahmad Siddiqui Dubai UAE: u b a i - b a s e d developer Deyaar Development PJSC reported a consolidated net profit of AED62.5 million for the second quarter ended June 30, 2014, up by a record 129% from AED27.3 million registered in the same period in 2013. Aided by robust property sales booking and property delivery, the net profit for the first half of the year rose 145% to AED114.6 million compared to AED46.6 million for the same period in the previous year.The total shareholders’ equity of the Dubai Financial Market listed property company stood at AED4.2 billion, with total assets recording AED6.3 billion.Saeed Mohammed Al Qatami, Chief Executive Officer of Deyaar Development PJSC, said: “In the second

quarter, we have once again delivered stellar results, driven by the c o m p a n y ’s c o n t i n u i n g efforts at consistent delivery of committed volumes. Going forward in 2014, Deyaar Development is well positioned to achieve quality performance - both top and bottom-line - and further transform itself into

one of the biggest developers of the UAE. As we scale new performance heights, we remain committed to our core goal of enhancing value for our c u s t o m e r s a n d safeguarding shareholders’ trust.The highlight of the quarter for Deyaar Development was its foray into the lucrative hospitality sector through the

announcement of ‘The Atria’ - a mixed-use residential and hotel apartment project located at the upscale Business Bay district. Going forward, Deyaar plans to continue to cater to market needs and expand its product mix through more high-profile launches in the hospitality sector.

ASSISTANT DIRECTOR GENERAL OF AVIATION SAFETY AFFAIRS SECTOR GCAA TO EMPHASIS IMPORTANCE OF AIRPORT SAFETY CULTURE AT EMASS 2014 IN DUBAI By Qadeer Ahmad Siddiqui Dubai UAE: smaeil Mohamed Al Blooshi, Assistant Director General of the Aviation Safety Affairs Sector, UAE General Civil Aviation Authority (GCAA), will deliver a keynote address at the Emerging Markets Airport Security Summit (EMASS) 2014. The conference that will bring over 200 airport stakeholders and safety professionals to the Le Meridian Hotel, Airport Road, Dubai on the 26th and 27th of November 2014 to discuss key developments in airport safety processes for emerging hubs. EMASS 2014 is organised by Arabian Reach FZE LLC, an organisation specialising in tailored exhibitions and conferences as well as larger scale events and topical seminars that keep businesses abreast of industry trends, t e c h n o l o g i c a l developments and updates to the regulatory environment. Al Blooshi’s address will focus on developments in improving the safety culture at airports as a whole a crucial element for busy flight hubs wanting to improve security while facilitating large

volumes of traffic. The GCAA is committed to providing designated aviation services with emphasis on safety and security and to strengthen the aviation industry within the UAE and its upper airspace. The UAE is a nexus for global aviation traffic, and we have worked very hard to instil a culture of safety at grassroots level a c r o s s t h e c o u n t r y ’s airports. I am looking forward to sharing some of our experiences at EMASS 2014, a tailored event with a very relevant audience,” said Mr. Ismaeil Mohamed Al Blooshi.Airport security investment is rising throughout emerging markets, with airports in the Middle East, Asia Pacific, Russia and CIS states, and the Indian subcontinent

investing a total in excess of USD 30 billion towards u p g r a d i n g technology and procedures. The aim is to improve p a s s e n g e r throughput and convenience while enhancing safety mechanisms. In particular, Advance P a s s e n g e r Information Systems (APIS) are in high demand due to popular destinations including the United States requesting passenger manifests ahead of flights for security reasons. Developing markets are seeing airports becoming high-value links for passenger and freight traffic. These hubs must be kept safe under all circumstances due to their correlation with economic activity. And with air traffic projected to double in the next decade or so, it is extremely important to create platforms such as EMASS 2014 where delegates can discuss managing capacity increases with security enhancements through technology, infrastructure and regulation,” said Raj Menon, General Manager, Arabian Reach FZE LLC.

The EMASS 2014 summit will include a technology showcase where 30 plus global security firms will highlight equipment, technologies and services to support emerging airports in upgrading their levels of safety, security a n d c u s t o m e r service.EMASS 2014 offers a powerful and topical schedule that will equip attendees with the knowledge and skills to implement security policies that take into account 21st century risks and threats, while at the same time providing the highest possible levels of convenience, safety and speed,added Raj MenonOther speakers of note at EMASS 2014 include Brigadier Ali Atiq bin Lahej, Director of Dubai Police’s Airport Security Department; Tahir A Qadir, Director General of Sulaimaniyah Airport in Iraq’s Kurdish region; Sufyan Abbas, Controller Av s e c O p e r a t i o n s a t Transguard, Emirates Group; Leigh Orwin, Security Risk Manager at Heathrow Airport Ltd; Ranjith Narayan, Executive Director of Security at Delhi International Airport Ltd; a n d Z d e n e k Tr u h l a r, Security Control Senior Manager at Prague Airport.

OOREDOO DELIVERS NET PROFIT OF QAR 1.7 BILLION IN 1H 2014 Total customer base increases by 2% to 93.9 million By Qadeer Ahmad Siddiqui Dubai UAE: RDS.QA today announced results for the six months ended 30 June 2014.First half 2014 Group revenue down 3%: strong performances in Qatar, Oman and Algeria offset by decline in revenue in Indonesia, Kuwait and Iraq, which was impacted by the political situation. Excluding the impact of Indonesian Foreign Exchange, Group revenue would have increased by 1%.EBITDA of QAR 6,870 million and EBITDA margin of 42% supported by group-wide cost management and increasing infrastructure sharing initiatives. Excluding the impact of Indonesian Foreign Exchange and Myanmar start-up costs, EBITDA would have decreased by 3% compared to the reported 10% reduction.Net profit for 1H 2014 stood at QAR 1.7 billion. Excluding the impact of Indonesian Foreign Exchange and Myanmar start-up costs, Net Profit would have grown by 1%.Data revenue reached 20% of total group revenue, as customers increasingly consume data based services.Customer growth of 2.0% to 93.9

Nissan is a leader in i n n o v a t i o n a n d sustainability; values which are also at the heart of our own organisation. Through our investment in, and support of, the Yokohama F•Marinos it has become very clear that Nissan and CFG also share a common passion and ambition for further growth and development. As a result, this new partnership presents us both with incredibly exciting opportunities to collaborate through football both in Japan and across the world.Including one of the world’s fastest growing football clubs in Manchester City FC, the CFG network of football clubs represents an excellent business platform for Nissan as it continues to expand its association with football worldwide. The recent signing of global

football star, David Villa, will see the Spanish international play for New York City FC and in Melbourne as a guest player, reflecting the potential of the network’s unique business model and driving huge excitement around the new season for both clubs.The CFG partnership is another example of Nissan’s dedication and growth in global sports which already includes the brand’s proud sponsorship of the UEFA Champions League, Rio 2016 Olympic Games, Olympic Team Great Britain and Mexico, Africa Cup of Nations, NCAA Football, Heisman Trophy, Canadian Football League and sporting ambassadors including Olympics Gold Medallists Usain Bolt and Chris Hoy.

million as Ooredoo captures an increasing share of its markets through best-in-class telecoms services.Strategic partnership with Rocket Internet to develop online b u s i n e s s e s i n Asia.Appointment of Sheikh Mohammed bin Abdullah bin Mohammed Al Thani as new CEO of Ooredoo Kuwait.Re-brand of Wataniya Kuwait to Ooredoo Kuwait: fifth Ooredoo operator to rebrand following Qatar, Algeria, Maldives and Tunisia.As at 30 June 2014, the Group’s consolidated customer base stood at 93.9million (1H 2013: 92.1million), representing year-on-year growth of 2.0 percent. Group revenue for 1H 2014decreased to QAR 16,504million (1H 2013: QAR 17,026million). Group EBITDA decreased by 10% to QAR 6,870million (1H 2013: QAR 7,612million) with EBITDA margin decreasing to 42%(1H 2013:45%) due to lower revenues and the continued investment across the business into customer acquisition and retention, global brand roll-out, service launches and customer experience. The Group continues to invest in its start-up operation in

Myanmar and its recovery strategy in Ooredoo Kuwait. Asiacell has been impacted by the current insurgency in Iraq. Net profit attributable to Ooredoo shareholders for 1H 2014 was QAR 1,704million (1H 2013: Q A R 1,731million).Commenting on the results, His Excellency Sheikh Abdullah Bin Mohammed Bin Saud Al-Thani, Chairman of Ooredoo said:“Ooredoo has produced solid revenue, profitability and customer growth for the first half of 2014 against a backdrop of challenges in some of our markets. Our strategy is based on the enormous positive power of global connectivity which Ooredoo is delivering across its markets through its continued investment in world-leading broadband networks and services. With the right level of investment, we can continue to transform people’s lives in markets from Algeria to Myanmar, attracting growing numbers of customers to our global network.Also commenting on the results Dr. Nasser Marafih, Group Chief Executive Officer of Ooredoo said:Ooredoo’s results for the first half of

2014 reflect our commitment to investment across our markets to ensure we are building a global platform of growth that will generate customer and shareholder value over the long term. We are making great progress in developing revenues from our core areas of growth: data and B2B. Our data revenue has reached 20% of total revenue across the Group demonstrating both the demand for data and our ability to deliver to our customers, wherever they are. Costs are being managed proactively across the Group and we are evaluating all opportunities to share infrastructure with competitors and partners to ensure we are competing from a highly efficient cost base. The investment in our network capability and brand continues to help Ooredoo define and differentiate itself against its competitors as customers buy and access an increasing range of our services. With the investment we are making this year, we are confident that Ooredoo will be well set to deliver future value for its shareholders and customers.Ooredoo will publish its first half 2014.

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AZAD SPORTS Azad News UAE 1-7 August 2014, 5-11 Shawal 1435 Email:azadnewsuae@yahoo.com Mob:00971 56 118 6007 Sports Edition 56

QATAR HOSTS DRAW FOR THE 24TH MEN'S HANDBALL WORLD CHAMPIONSHIP Preliminary Group Rounds Announced at Major Ceremony in Doha Group A. The decision was announced by national team head coach Valero Rivera when the rest of the “pots” had been drawn.Qatar will face Brazil, Chile, Slovenia, Belarus, and Spain in the

By Qadeer Ahmad Siddiqui Dubai UAE:

he draw for the preliminary group rounds of the 24th Men's Handball World Championship was held in Doha on Sunday night, 20

July, with the stage set for an exciting contest in 2015.Senior government representatives of the

State of Qatar attended the event, as well as executives from the International Handball Federation, the Qatar Handball Association, representatives of all 24 participating teams and i n t e r n a t i o n a l media.Reflecting the importance of engaging young people in the fast-

paced competition, six representatives of the next generation Saeed, Hamza, Mohamed, Osman, Abdulrahman and Taher–assisted Leon Kalin, the Chairman of the IHF Commission of Organising and Competitions, as he made the draw. In his opening speech and thanking the State of Qatar, IHF President Dr. Hassan Moustafa said: I am sure that this will be the best Handball World Championship ever.Dr. Thani Abdulrahman AlKuwari, Director General, Qatar 2015 Organising Committee, said: We know what hosting this prestigious event means for both our nation and for the sport of handball. Qatar is eager to showcase our enthusiasm for this sport to the world, and demonstrate our professionalism in organising large-scale sports events. Qatar 2015 will be an important milestone in the development of handball locally, regionally and internationally.Host nation Qatar, which had the right to choose their preliminary round group, selected

Group C: France, Sweden, Algeria, Czech Republic, Egypt, United Arab Emirates Group D: Denmark, preliminary group stages, hoping to achieve their best-ever result while playing on their home g r o u n d . C o a c h Va l e r o Rivera said:This is the most challenging World Championship ever. All groups are very competitive and it was a hard choice for us. Finally, we decided to pick Group A, because it is our dream to proceed to the next round, and we see this as the best route for us.Defending World Champions Spain will also compete in Group A. Theresults of the draw are:Group A: Spain, Slovenia, Qatar, Belarus, Brazil, Chile Group B: Croatia, BosniaHerzegovina,

FYR

Poland, Russia, Argentina, Bahrain, Germany The four best-ranked teams from the four groups will qualify for the next stage, while the remaining eight teams will fight for positions 17-24 in the President's Cup.Qatar 2015 will be the first Men's World Championship to take place in one city, Doha, reducing travelling time for players and officials, and enabling sports fans to attend multiple games.Selected venues for the World Championship are the Qatar Handball Association Complex Hall, Al-Sadd Sports Hall, Lusail Multipurpose Arena and a new temporary handball arena in the Aspire Dome.

Macedonia, Austria, Tunisia, Iran

DUBAI ISLAMIC BANK LIFT INAUGURAL DUBAI SPORTS WORLD CORPORATE CUP By Qadeer Ahmad Siddiqui

on the clock.The eventual

tournament was a fantastic

Brazil didn't affected our

Dubai UAE:

winners maintained the

experience and we're

turn-out. All the games

he 10-man squad

momentum and edged the

disappointed we didn't see

were played in the right

of Dubai Islamic

sudden death shoot-out 5-

the game out in normal

spirit and we congratulate

Bank playing in the

4.It was a very dramatic

time,” said Idrissi. “Penalty

Dubai Islamic Bank on

red, white and green of

game,said Niza Sulail, 27,

shoot-outs are a lottery and

winning the Dubai Sports

African giants Algeria - held

the Dubai Islamic Bank

this time we didn't have the

World

their nerve to win the

captain and the bank's

winning ticket.In the third-

Cup.Spanning more than

inaugural Dubai Sports

Senior Relationship

and fourth-place play-off,

20,000m² of indoor space,

Office.We wasted so many

Cadillac Chile narrowly

Dubai Sports World

five-a-side tournament

chances but we play

beaten 2-1 by Football

occupies Sheikh Saeed

based on this summer's

together a lot and our

Center in the first semi-final

Halls 1 and 2 and the multi-

FIFA World Cup showcase

collective team spirit got us

- recorded a routine 2-0 win

purpose Trade Centre

in Brazil.In a hotly-contest

through the shootout.

over Fitness First Ecuador,

Arena at Dubai World

20-minute final against the

Words cannot express the

who were trounced 3-0 by

Trade Centre (DWTC).The

much-fancied Football

emotion and this is just a

Dubai Islamic Bank in the

expansive venue features

Centre

fake World Cup imagine

second semi.We've seen

eight, pro-standard pitches

Islamic Bank trailed for

how the Germany players

some great football played

for five or seven-a-side

most of the match after star

feel!Having finished

over the last four weeks

football and rugby, six

player, Ahmed Al Balooshi,

runners-up in the 32-team

and the tournament has

badminton courts, one

the former captain of the

tournament

been

resounding

volleyball court, a cricket

UAE's national Futsal

four weeks at Dubai Sports

success,said Benoit

wicket, three basketball

played over

team, was shown a red

World, the region's largest

Montin, Development

courts, one tennis court, a

card after 10 minutes.With

indoor summer sports

M a n a g e r, C o r p o r a t e

skate-boarding and BMX

the time ticking down and

venue Anouar Idrissi, the

Games, which organised

park, a state-of-the-art

Football Center closing in

owner of Dubai-based

t h e 11 2 - g a m e m e g a

gym, a 600-metre running

on a memorable victory,

Football Center and the

tournament.We've proved

track, 12 free-to-use table

Dubai Islamic Bank netted

team's captain, revealed

that the UAE's appetite for

tennis tables and tiered

a well-deserved equaliser

his team-mates were still

football is unwavering;

seating for over 1,200

with only three minutes left

licking their wounds.The

even the nightly drama in

spectators.

ICC URGES RESPECT FOR JUDICIAL PROCESS By Qadeer Ahmad Siddiqui Dubai UAE: The International Cricket Council (ICC) today urged all relevant parties to respect the judicial process in relation to the alleged incident that took place during the first Test at Trent Bridge which has resulted in charges being brought against England's James Anderson and India's Ravindra Jadeja.In a statement on Sunday, ICC Chief Executive David Richardson said: “England captain Alastair Cook and, more recently, India captain Mahendra Singh Dhoni have made public comments relating to the alleged incident that took place during the first Test at Trent Bridge, the latter of which is critical of and undermines the ICC disciplinary process.The ICC would also like to reiterate its full support of the process followed and respect for the decision made by David Boon. ICC Code of Conducthearings of this nature

are, generally speaking, difficult processes to work through, with detailed legal submissions, witness statements and oral witness testimony. We are satisfied that Mr Boon carefully and comprehensively considered the evidence and submissions presented to him at the hearing, which included conflicting evidence from both sides, prior to making his decision.In legal matters such as this, the ICC takes extremely seriously its duty as administrators of the game. Therefore, I request all stakeholders to respect the process which remains ongoing and remind them of their duties to the integrity of the process and the sport so that we can focus on the game of cricket itself.The hearing of England bowler James Anderson will be held on Friday 1 August in Southampton and will be conducted by the Judicial Commissioner, His Honour Gordon Lewis AM.

By Qadeer Ahmad Siddiqui Dubai UAE: ith the holiday season in full swing, Rashid Al Dhaheri has been on a intensive karting adventure in Italy in what rates as the most comprehensive training programme ever embarked on by a young aspiring race driver from the UAE.The Abu Dhabi school boy, fondly referred to as Little Alonso, participated in karting race weekends at Lonato, Siena and Ottobiano venues and also undertook an intensive training course held under the auspices by the Italian federation ACI CSAI in Naples. Here he got his first taste of more powerful 60cc karts.The races and training events were for drivers between 6 and 8 years of age, with Rashid, at six years and three months, invariably the youngest in the groups.But this did little to deter the youngster who impressed with every outing, and it is safe to say that he emerged from the experience a more complete and mature driver, that belies his young age.Although Italy is engulfed in summer the weather played a part in proceedings, with inevitable rainy days adding to the challenges faced by Al Dhaheri.Nevertheless this was all part and parcel of the programme which also included racing in big field of over thirty young up-andcoming drivers, battling with rivals wheel-to-wheel, while learning the finer techniques of racing; such as rolling starts and the

various flag rules that are part of the sport.The recurring theme of Al Dhaheri's participation was his eagerness to learn, his ability to follow instructions and constantly running at the sharp end of the field in all the races he participated in.Perhaps one of the most significant steps taken during the Italian summer campaign was his participation in the highly acclaimed and intensive karting training camp organised by the ACI CSAI Federal School at Napoli Sarno International Circuit, from 7 to 10 July.Training at the highly reputable institute was conducted under the d i r e c t i o n o f R a ff a e l e Giammaria, with supervision by former Formula 1 team owner Gian Carlo Minardi, with guest instructors which included Gimmi Bruni 2013 FIA Endurance World Champion and winner of the 2014 Le Mans 24 hours for Ferrari.Rashid joined 20 promising young drivers, aged between 6 and 10, in what was a four day course, which included practical and theoretical lessons.Again the young Emirati impressed, G i a m m a r i a reported:Rashid is very good boy, he was attentive to the activities. He showed good independence and confidence, in particular at an emotional level, and although he is very young he could easily mix it with the older boys.He has good d r i v i n g s e n s i b i l i t y, considering his very young age and he did not show any problems to understand the

By Qadeer Ahmad Siddiqui Dubai UAE: big field of 48 drivers turned up to contest the championship deciding final round of the 2014 SWS Ramadan Challenge at Dubai Kartdrome on Monday, and on a hot night Sam Zian was best of the best while Rami Azzam wrapped up the prestigious 2014 title.Zian was in good form all night and it was clear he had set his sights on bagging a win, which had eluded him in the first three rounds despite constantly mixing with the pace setters. His victory was emphatic as he crossed the finish line over seven seconds ahead of his closest rival.Next up was Hussain Umid Ali who spent the race battling with championship contender Mohammed Al Mutawaa. There was little to separate the pair, but Umid Ali had the edge and took second place with Al Mutawaa in his

he did and the prestige of being 2014 SWS Ramadan Challenge Champion was his at the end of the night. Azzam, who was clearly happy with his achievment, said:It is an honour to win the Ramadan Challenge, my first time to win this competition. And the fact that I managed to beat a very strong field of drivers, many who are champions in their own right, makes it very special.Behind Azzam, Maz Nawaz drove a

storming race after having t o

DAVID RICHARDSON REACTION TO JACQUES KALLIS RETIREMENT By Qadeer Ahmad Siddiqui Dubai UAE: CC Chief Executive David Richardson has thanked South Africa's Jacques Kallis for his contribution to the sport, saying he will be remembered for a long time for his consistency with both bat and ball in all formats of the game.In his statement, Mr Richardson, said: Jacques Kallis will go down as one of the greatest all-round cricketers in the history of the game. Since making his international debut at the age of 20, he has been a mainstay of the South African line-up in all forms of the game.During his illustrious career spanning nearly two decades, Jacques played a total of 519 internationals in which he scored 25,534 runs with 62 centuries and took 577 wickets, besides 338 catches. To maintain such a high level of form and fitness in international cricket, is an incredible feat and should be an inspiration for younger generation of cricketers aspiring to be bracketed in the league of legends of the sport.Jacques played the game in a highly competitive manner and he can look back on his career with great pride. We wish Jacques and his family well with the next exciting phase of their lives.

exercises. He was able to drive correct lines and made very good use of the circuit. Initially he had problems in the unfamiliar wet conditions, but he focussed and with each lap he improved. He was also very respectful of the flags and signals, which is a good sign.Rashid is very young but has great opportunities to improve because he drives a great deal, and with good coaching he will improve even more. Again because he is very young the important thing is for him to have fun without pressure,concluded Giammaria.Ex-Formula 1 driver, Le Mans winner and current Ferrari works driver Gimmi Bruni, who has signed little Al Dhaheri for his karting team, said of the youngster: "Rashid has been engaged for three weeks of hard training and competing in tough races which included Siena champion kart, the summer kart campus and finally the Easy Kart races.They were hard days for Rashid but he was able to improve constantly on each day in his approach to race conditions, developing his speed and in his understanding of race tactics. I am very pleased with his progress considering he is only six years old,added Bruni.Al Dhaheri's finest moment during a month of many highs, must undoubtedly be his showing in the Nazionale Easy Kart series at the Pista South Milano in Ottobiano, in Italy, on the weekend of 12-13 July 2014.In the first race, With

grid positions determined by lucky draw for Heat 1, Rashid was allocated 30th place on the grid out of 33 drivers. Being way down the grid did not deter the y o u n g s t e r, b u t r a t h e r inspired him to a rousing drive through the field to finish fifth.Later in Heat 2, Little Alonso started from fourth, and early on moved up to second, chased the leader before digging deep into his race craft and pouncing on the last lap of the race to claim victory. Crowning one of his most impressive race weekends.In the aftermath of his busy schedule, Al Dhaheri is enjoying a well deserved and relaxing holiday with his family, recharging for the second half of the season which resumes in September and will include training and racing at Dubai Kartdrome.Proudest of all is his father Ali Al Dhaheri who summed up Rashid's productive Italian summer,We are very proud of Rashid and his great progress in the world of karting. He tackled a challenging programme with enthusiasm and good spirits which impressed everyone he met in Italy.He listened attentively to instructions and adhered to the things he learnt in training, by delivering results on track.His regular training programme is working well and we see constant improvement despite the fact that he is racing with kids who are older than him,added Ali Al Dhaheri.

2014 KARTDROME RAMADAN CHALLENGE ROUND 4 Sam Zian wins fourth and final round in style Rami Azzam is the 2014 Ramadan Challenge champion Carsten Winter bags the Master category title

Corporate

World Corporate Cup, a

Uruguay, Dubai

RASHID AL DHAHERI COMPLETES INTENSIVE ITALIAN KARTING PROGRAMME WITH FLYING COLOURS ? Abu Dhabi primary schoolboy continues to impress ? Little Alonso completes tough campaign with victory ? Holiday break for Emirati youngster before resuming season in September

slipstream finishing third.Fourth over the line was Rami Azzam, who started the evening top of the championship standings, and his strategy was to do enough to bag the required points to clinch the title, even if this meant sacrificing his chances of victory on the night. With all to lose in the final he drove a well calculated and steady race, needing only to finish behind Al Mutawaa to claim the championship - which

qualify for the final by racing in the Super Final where he finished second. Thus from down the grid he battled past some of the toughest SWS karting campaigners to take fifth place, setting the fastest lap in the process, and making claim to the drive of the night.Ali Al Mansoori was a title contender before Round 4, but he was on the wrong side of the track battles in the heat races which compromised his starting

position, but nevertheless he finished sixth, ahead of George Gibson i n seventh , Anas Al Halabi eighth, Nacho Girona ninth a n d Marwan A l Hamou d i rounding out the top ten.Arnaud Bouf won the Master category on the night, with Carsten Winter second and Bruno de Champris third. Second place was enough for Winter to take home the 2014 Ramadan Challenge Master title.For Azzam the win means he is recipient of a fully paid race day

Mutawaa scooped a similar prize with the prestigious UAE Tony Kart outfit for being the best place Emirati driver.Kartdrome Manager Ryan Trutch summed up the series, Congratulations to Rami Azzam and Mohammed Al Mutawaa for their achievement, but really all drivers who contested the 2014 Ramadan Challenge deserve a big round of applause for this was a challenging series, tough conditions and very good fields. Last but by no means least thank you to Energy UAE Kart Team and Tony Kart Racing Team UAE for great prizes.Assistant Kartdrome Manager David added, "The final race night of the 2014 Ramadan Challenge was the highlight of the four races, driving was of the highest order and inevitably the drivers

programme in the UAE Rotax Max Championship, at the Kartdrome, with the illustrious Energy Kart Racing Team, while Al

enjoyed the competition. Rami Azzam is a worthy champion and he beat some of the best leisure karters in the region.

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TV STRIKES BACK RISE OF DIGITAL DEVICES DRIVES NEW VIEWING HABITS Viewers in the KSA and UAE likely to watch TV and use devices simultaneously Three quarters of internet users globally still watch TV daily Almost half of TV viewers are ‘screen-stacking’ in the evening A quarter now watch online video daily on a digital device

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TABREED’S H1 2014 NET PROFIT INCREASES 17% TO AED 149 MILLION Renewed agreement with the United Arab Emirates Armed Forces valued at AED 6 billion By Qadeer Ahmad Siddiqui Dubai UAE: ational Central Cooling Company PJSC (‘Tabreed’), the leading Abu Dhabibased district cooling utility infrastructure company, today released its 2014 first half consolidated financial results. Driven by increased awareness of the energy and environmental benefits of district cooling, the company continues to successfully connect new customers in the UAE and across the GCC to its district cooling plants, with customer connections increasing by 87,700 RT in the first half of the year. Financial highlights six months ended 30 June 2014: •Net profit attributable to the parent increased by 17 per cent to AED 148.6 million (H1 2013: AED 127.2 million) •Core chilled water revenue increased by 4 per cent to AED 483.1 million (H1 2013: AED 464.8 million) •Core chilled water profit from operations increased by 4 per cent to AED 172.8 million (H1 2013: AED 166.4 million) •Group revenue increased

by 6 per cent to AED 526.3 million (H1 2013: AED 497.2 million) •EBITDA increased by 5 per cent to AED 259.9 million (H1 2013: AED 246.5 million) Operational highlights – six months ended 30 June 2014: •Tabreed-MIP consortium acquired the 80,000 RT Al Maryah Island district cooling plant in a transaction valued at AED 1.05 billion •Customer connections increased by 87,700 RT •Expanded affiliate company S&T Cool’s Reem Island plant by 17,000 RT to just over 30,000 RT •Group connected capacity in the GCC increased by 10 per cent to 926,100 RT Waleed Al Mokarrab Al

M u h a i r i , Ta b r e e d ’ s Chairman, said: “In addition to a strong financial p e r f o r m a n c e , Ta b r e e d reached several important operational milestones in the first half of 2014, underlined by the renewed master services agreement signed with the United Arab Emirates Armed Forces, which is valued at AED 6 billion over the next 20 years, as well as our expanding regional footprint. Today, we supply over 926,000 RT to a widespectrum of the region’s most critical infrastructure projects, ranging from Yas Island in Abu Dhabi and the Dubai Metro, to the PearlQatar and the Jabal Omar Development Project in the Holy City of Mecca.As we look ahead to the remainder of 2014, Tabreed will continue to distinguish itself by collaborating with leading entities to deliver environmentally-friendly and energy-efficient solutions that support the region’s sustainable economic and social development.Jasim Husain Thabet, Tabreed’s Chief Executive Officer, added: During the first half of 2014, we successfully leveraged

our economies of scale to connect new customers to our plants, with just over 87,000 RT connected during this period. This increasing demand for district cooling is driven by a robust economy and a maturing market, as companies today are actively seeking to reduce their organizations’ carbon footprint.With a long track record of successful partnerships across the region, Tabreed continues to work with property developers and equity investors in the GCC to find flexible and innovative investment opportunities that enable them to benefit from the rising demand for district cooling.Tabreed currently has 67 district cooling plants across the GCC and provides its cooling services to many of the region’s landmark projects including the Sheikh Zayed Grand Mosque, Cleveland Clinic Abu Dhabi, Dubai Metro, World Trade Center Abu Dhabi, Ferrari World Abu Dhabi, Yas Marina Circuit, the Pearl Qatar, and the Jabal Omar Development Project in the Holy City of Mecca.

MASDAR INSTITUTE’S SUMMER RESEARCH INTERNSHIPS HELP DEVELOP UAE NATIONALS IN SCIENCE AND TECHNOLOGY 15 UAE National Undergraduates Complete Summer Research Internship Program By Qadeer Ahmad Siddiqui Dubai UAE: asdar Institute of Science and Te c h n o l o g y, a n independent, researchdriven graduate-level university focused on advanced energy and sustainable technologies, today announced that its summer research internship programs for undergraduate students is working to contribute to Abu Dhabi’s human capital development.The summer research internship program is targeted at talented UAE national undergraduates majoring in Science, Engineering or Math. The program offers students a critically important research experience, motivating

them to innovate and obtain new solutions in clean energy and advanced technologies. It is also expected to encourage them to seek higher learning opportunities at Masdar Institute. To be accepted for the highly competitive internship, interested students must apply for specific projects proposed by Masdar Institute faculty. Selected students then undergo a s i x - . w e e k l o n g internship.This internship program reflects only one aspect of Masdar Institute’s

initiative to contribute to the overall human capital development efforts in Abu Dhabi. Throughout the year, Masdar Institute organizes knowledge-sharing forums, workshops and other such events, in line with the Abu Dhabi leadership’s directive

to transform the emirate and the UAE into a center for knowledge and intellectual capital.Dr. Lamya Fawwaz, Executive Director, Public Affairs, Masdar Institute, said:Supported by the country’s leadership, our annual research internship programs are designed to build capabilities of UAE nationals in science and technology. In line with the UAE directive, Masdar Institute will continue to develop future programs in areas of new technology that will be offered to undergraduate interns every year. We believe the current group of students has gained fresh insights into conducting research with advanced laboratory equipment.Dr. Ken Volk, Outreach Manager, Masdar Institute, said: We have 15 UAE nationals participating in the summer research internship program, which we believe will enrich their academic and laboratory

experience . We thank the UAE leadership for their continuous support to our human capital development initiatives.Participating interns under the summer internship program are excited about the research experience they are receiving and the modern cutting-edge laboratory facilities at Masdar Institute.Asmaa Almazrouee’s research focuses on ‘Graphene Nanostructure Advanced Characterization’ and she is a d v i s e d b y D r. A d e l Gougam, Assistant Professor, Material Science and Engineering. A University of Sharjah student, Almazrouee said: “This research experience has been special because I was working with two doctors, instead of just another intern student. With more practical experience, I hope I can do something useful at Masdar Institute and publish a paper in the near future.Mariam Ahmed Ali Salem Al Dhaheri from the UAE University participated in Masdar Institute Ektashif program last summer and she loved the experience. Al Dhaheri is doing her ‘Core Research Laboratory’ internship, advised by Dr. Mustapha Jouiad, Microscopy Suite Manager and Principal Research Scientist at the

Department of Mechanical and Materials Engineering. The program involves learning to set up and operate electron microscopes. Her project is titled ‘Characterization of API X52 steel pipelines using metallography and electron microscopy’.About her experience, Al Dhaheri said: “This is a golden chance for me to get engaged in research and learn the proper scientific approach. I will definitely apply for Master's degree at Masdar Institute after my graduation.Dina Muraish from Abu Dhabi University is also doing a ‘Core Research Laboratory’ internship with electron microscopes. She feels that, unlike other educational institutes or even companies, Masdar Institute, has within a short period of time, proven its place not only in the UAE but also worldwide because its dedicated researchers seek worldwide sustainable solutions – an area she is keenly interested in.Muraish added:I have acquired more practical skills in high-tech laboratories, which I have never experienced before. I have gained worthy knowledge from highly qualified faculty that definitely did help me in getting a better insight into the many environmental problems that the UAE and other countries face and how they could be resolved. The knowledge that I gained over here has given me more awareness to assist in making the UAE an environmentally better place for future generations.

HOME CENTRE TO HELP CUSTOMERS SLEEP EASY WITH DREAM OFFER By Qadeer Ahmad Siddiqui Dubai: ome Centre, the region’s leading home furnishing retailer, is set to launch its Dream Offer offering customers a chance to win a complimentary orthopaedic mattress and two pillows on the purchase of a bed.

The promotion will run across Home Centre stores in the region, including the UAE, from 6 August to 23 August 2014. Quick fact: A research by the University of Queensland's School of Population Health in early 2014 indicates that the prevalence of low back pain and related ailments stands at around 14.8 per cent in the Middle East and Africa region, affecting a significant proportion of the region’s population. Good sleep is often slated as a crucial factor in curing such ailments.

By Qadeer Ahmad Siddiqui Dubai UAE: dults around the world remain hooked on TV but the consumption habits of content-hungry viewers are

changing rapidly, according to global research consultancy TNS. While our love affair with television endures, TV sets alone are no longer enough to satisfy our appetite for content, driving the growth of online media and ‘screen-stacking’ as a result.In Connected Life, a study of over 55,000 internet users worldwide, TNS found that almost half of people (48%) who watch TV in the evening simultaneously engage in other digital activities, such as using social media, checking their emails or shopping online.According to Steve Hamilton-Clark, CEO TNS MENA similar trends are active in key markets in the Middle East. Report data shows that 64% of TV viewers in Saudi Arabia and 50% in the United Arab Emirates (UAE)

are engaged in other digital activities simultaneously, higher than the global average.Hamilton-Clark said that as digital landscape is shown to differ by country, brands should approach each market specifically in order to increase their market share.The survey also revealed that consumers in both KSA and UAE markets tend to own up to four digital devices, in line with global figures. This, combined with demand for TV and video content on-the-go, is fuelling the rise of multiscreening or ‘screenstacking’ behaviour - the use of multiple digital devices at the same time.Hamilton-Clark noted that demand for live and onthe-go content was amplified during the recent FIFA World Cup. Viewers worldwide accessed this international sporting event via multiple devices at home and on the move, while also engaging in conversations on social media platforms.The desire to access favourite TV shows at all hours of the day is also driving online TV usage, extending user access to them. One quarter (25%) of those surveyed worldwide watch content on a PC, laptop, tablet or mobile daily. This rises to one third (33%) in mainland China and Singapore and 32% in Hong Kong, where 'phablets' are increasingly popular. Meanwhile, closer to home, in Saudi Arabia approximately one-third of those surveyed watch

GIANT OCTOPUS AT DUBAI AQUARIUM & UNDERWATER ZOO Dubai Aquarium & Underwater Zoo, one of the world’s largest and most diverse aquarium, is now home to a Giant Pacific Octopus By Qadeer Ahmad Siddiqui Dubai UAE: iant Pacific O c t o p u s e s (Enteroctopus dofleini) are found in the North Pacific Ocean and is the largest species among Octopus, reaching 4.3 meters in height and weighing more than 70 kg.The Giant Pacific Octopus has almost no bones allowing it to slip into very tight crevices to reach for food or hide from predators.Its head contains all vital organs

including three hearts, while the rest of the body essentially constitutes eight arms.They have excellent eyesight and can taste with their tentacles. Being one of the most intelligent invertebrates, they can work out puzzles and will remember a route through a maze after only a couple of attempts. They are also masters in disguise, being

able to change colour and texture of their skin using specialised skin cells.Dubai Aquarium & Underwater Zoo, managed by Emaar

Retail LLC, features a 270degree walkthrough tunnel. Underwater Zoo, located on Level 2 above the main aquarium t a n k , presents the bio-diversity in different ecological z o n e s including Rainforest, Rocky Shore and Living Ocean. Apart from Humboldt Penguins and Caiman Crocodiles, the animals featured here include Piranhas, Giant Spider Crabs, Small Claw Otters, Sea Jellies and Clown fish. Date: Daily Time: 10am to 1am For further information visit www.thedubaiaquarium.co m or call: 04 448 5200.

content o n devices, higher than the global average. T h i s trend is relatively lower amongst viewers in the UAE with only 15% watching the content on multiple devices.In Hong Kong, more people actually choose to watch TV and video online rather than on traditional sets. After dinner, one quarter of people (26%) tune into content on their digital devices, in contrast to 14% who switch on their TVs.Yet despite this surge in online consumption, traditional TV sets still play a huge part in our lives, with three quarters of respondents (75%) sitting in front of the box every day. In Saudi Arabia, this rises to 91%, with the UAE not so far behind at 86%. TV dinners are also alive and well, with three out of four viewers (76%) giving TV their undivided attention while eating in the evening.Many of the big global media companies are already taking advantage of growing online viewing trends, offering on-demand services such as BBC iPlayer, Hulu or HBO GO, which allow people to access premium content wherever they are through their phones or tablets.Commenting on the findings, Matthew Froggatt,

Chief Development Officer at TNS, said:In a world where multi-tasking is the norm, the context in which we watch TV is rapidly changing - it isn’t just on the sofa at home with no other digital distractions around us. Instead, the growth in screen-stacking and online TV viewing is huge, particularly in the Asian markets, driven by a growing demand for content among viewers.While there is no disputing that our love of traditional TV remains, advertisers must continue to adapt to our changing viewing habits. Online devices are offering more ways to access TV and video content, meaning that brands will need to adopt a more integrated online approach in order to engage consumers.However, many people around the world are still wedded to their TV sets, particularly when they are with their families and friends. Our ongoing love affair with TV has been supported by the rise in digital set-top boxes, catchup TV and on-demand services such as Sky+ and Virgin TV Anywhere.

COMPASS® FINANCIAL SOLUTIONS HOSTS IFTAR FOR CHILDREN WITH SPECIAL NEEDS Kids From ‘Senses Day Care’ Join Compass Employees and Clients at Their Celebration By Qadeer Ahmad Siddiqui Dubai UAE: ompass Financial Solutions, a leading provider of Wealth Management S Solutions in the region, joined the spirit of giving in the holy month of Ramadan by hosting an Iftar for children with special needs from Senses Residential and Day Care Center. The Iftar event took place on 21July, 2014 at the Conrad Dubai, hotel on Sheikh Zayed Road where the kids were joined by the management, employees and premier clients of Compass.Kids from Senses, a center for children with special needs and severe learning disabilities, joined the Iftar celebration along with Compass team, business associates and its premier clientele. Fun activities like face-painting and balloon twisting were also organized for the entertainment of the kids.Commenting on the occasion, Mr. Rakesh Rachwani, Managing Partner of Compass Financial Solution said,

“We, at Compass incorporate the spirit of giving back to the society in our core values. The smiles on the faces of these kids as

they enjoy the fun activity; is priceless.Today, we are hoping to raise some funds with the support of our team -, our clients and principals to help these kids and the Senses Residential and D a y C a r e e v e n further.Compass shares a special relationship with its clients and principals because of their personalized and empathetic approach towards each client’s requirement. All this, combined with companies core values of giving it back t o t h e s o c i e t y, g i v e s Compass Financial Services Solution a unique positioning in the industry, especially amongst its clients and principals.

JUST FALAFEL EXPANDS ITS FOOTPRINT IN OMAN Signs 10 stores with Jawad Sultan Group By Qadeer Ahmad Siddiqui Dubai UAE: he rapidly expanding food retailer Just Falafel is set to increase its presence in Oman. The new stores will be located throughout the country, with the first two restaurants centered around Muscat. The growing popularity of Oman as a tourist destination in addition to its burgeoning local population is a perfect place for the growing brand.The well-known major conglomerate The Sultan Group, with a strong track record in retail and hospitality is an excellent partner for Just Falafel. Their experience in bringing franchise concepts to their

home market is well known and will result in a solid roll out of the Just Falafel restaurants. The group plans to have 2 restaurants open by the end of this year in the capital Muscat and the full portfolio is expected to be complete in the next couple of years. Nabeel Sultan, Managing Director of Jawad Sultan Group welcomes the deal “Jawad Sultan Group is geared to offer unforgettable customer experiences. Our long term expertise makes us well positioned to achieve exponential partnerships in the retail market and specifically in the service of food and beverage.Bringing something new is what we do. Our partnership with Just Falafel delivers variety and

innovation to the Omani market. Adding flair with a u t h e n t i c i t y, Just Falafel presents what we have all come to love; healthy food on the go.The Mediterranean street food provider that is the number 1 Falafel brand in the world remains committed to expanding within the GCC, alongside its worldwide roll out programme that will see the group’s first store in Canada this month and a second in Sydney Australia.The global appeal of Just Falafel’s menu is based on transporting its

guests to simpler times with each hand-made meal it makes. Rooted in a centuryold family recipe is what has The offer can be availed on made the Falafel attractive to individual queen and king such diverse audiences size beds or bedroom sets around the world, who worth AED1,950* or higher. increasingly care about what Customers can also opt for they are eating and require an upgrade in the quality of good food that is served fast. mattress or pillows through Visit://www.facebook.com/Ju paying the difference in stFalafel for more price. information. azad news uae.azad news uae .azad news uae azad news uae.azad news uae azad news uae azad news uae.azad news uae .azad news uae azad news uae.azad news uae azad news uae azad news uae. (pg10)

OOREDOO GROUP BRINGS JOY ACROSSITS GLOBAL FOOTPRINT THIS RAMADAN Focus on Families and Young People, as Ooredoo Aims to Connect and Care During the Holy Month

Azad News UAE 1-7August 2014, 5-11Shawal 1435 Email:azadnewsuae@yahoo.com Mob:00971 56 118 6007

JUST FALAFEL HAS CANADIAN FOODIES IN ITS SIGHTS WITH ITS FIRST STORE IN TORONTO As the North American expansion of Just Falafel gains pace, its first Canadian restaurant opens its doors on Bay Street, Toronto. By Qadeer Ahmad Siddiqui Dubai UAE: he new restaurant is located in the very heart of downtown, parallel to the famous Yonge Street. It is one of the of most densely built-up areas of Toronto, with a thriving commercial and residential centre that has up to 100,000 commuters passing through it every day, making it an ideal location for Just Falafel’s debut to the Canadian market.The Number 1 Falafel Franchise in the world is proud to bring its concept to such an exciting market, where food and culture are so integrated into everyday living. The restaurant chain that prides itself on serving good food fast, is at the beginning of an exciting food journey, bringing its authentically Mediterranean cuisine to the International stage. Just Falafel founder Bitar, feels passionately about the integrity of the brand and proud to stand in front of a concept that has global diversity and strong connections to its community.Whilst Just Falafel is remaining true to its roots with its authentic, inspired eating, with Mediterranean Street Food at the heart of its menu, it is also including a very Canadian speciality “Poutine”. This much loved national dish, comprising of crispy french fries, topped with flavourful gravy and fresh cheese curds, is, like the falafel, a food held very dear to the hearts of its consumers and both will complement the global food journey that Just Falafel is on.Radi Annab, who heads Bay Tree Foods, the Just Falafel’s Master Franchisee for the Greater Toronto Area, is excited about operating in such a dynamic environment. He says “It has been a amazing few months preparing for the debut of Just Falafel in Canada. I’m looking forward to welcoming new regulars to the restaurant and quickly becoming a popular spot for o u r a u t h e n t i c Mediterranean food that prides itself on being a locally sourced, hand-made cuisine that appeals to all segments of the community. We hope to benefit the large community that now lives downtown due to the

housing boom, offering them a healthy and tasty meal that fits in well with their fast-paced l i f e s t y l e s . M a r k Ti l l e y, Director of Operations for Bay Tree Foods, who has been in the Canadian restaurant industry for 25 years, says “It has been a pleasure to embark on this exciting journey with Radi and the Just Falafel global team. Just Falafel brings a breath of fresh air to the fast casual segment in the Canadian market as well as the GTA. We have menu offerings that we hope will exceed our customers’ expectations, incorporating only freshly made ingredients. Our Falafels, salads, sauces and core ingredients are produced fresh in our central kitchen. We look forward to welcoming new customers and delivering a quality great tasting menu to all.”The launch of Just Falafel on Bay Street, the home to numerous homes, government and financial institutions, corporate headquarters, legal firms, advertising agencies and marketing companies is a great place for Canadians to get to know the brand. With such a large number of corporates sitting next to the new location, Just Falafel will offer customers a wide range of fresh, nutritious breakfast and lunch choices, from free range egg wraps or muffins to super wraps and summer salads, to heart warming soups for when the winter starts to close in. The tastes on offer will appeal to global palates and to the cultural diversity that represents such a dynamic city. Its rich restaurant scene and enthusiastic foodies already look ready to welcome the new kid on the block, who has already cultivated nearly 2,000 followers on Facebook Visit://www.facebook.com/J ustFalafelToronto for more information.

IN COLLABORATION WITH THE UAE RED CRESCENT AND PART OF ITS EFFORTS IN PROMOTING THE PRINCIPLES OF GIVING AND THE SPIRIT OF SOCIAL SOLIDARITY The Higher Corporation for Specialized Economic Zones (ZonesCorp) organizes the Iftar initiative at Mafraq workers residential By Qadeer Ahmad Siddiqui Dubai UAE: h e H i g h e r Corporation for S p e c i a l i z e d Economic Zones (ZonesCorp) has organized, in collaboration with the UAE Red Crescent, the Iftar project as part of its ongoing efforts to support charitable projects and community initiatives, as well as promoting the principles of giving and the spirit of social solidarity during the Holy month of Ramadan.The initiative was introduced at Mafraq workers residential cities where ZonesCorp and UAE Red Crescent organize Ramadan Iftars for workers that continue throughout the holy month of Ramadan with participation of officials f r o m b o t h companies.ZonesCorp supports numerous general

community-based initiatives, particularly, predominantly aimed at raising awareness among expat workers about their civil and human rights, such as working and resting hours during the summer months, also conducting lectures to teach and identify the culture of law respect with the support of AD POLICE GHQ.The Higher Corporation for Specialized Economic Zones (ZonesCorp) is responsible for organizing, regulating and developing Workers Residential Cities sector in the Emirate of Abu Dhabi.

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RAKBANK REPORTS AED 700 MILLION NET PROFIT IN H1 2014 RAKBANK achieved a net profit of AED 700.4 million for the half year ended 30 June 2014 By Qadeer Ahmad Siddiqui Dubai UAE: otal assets stood at AED 34.5 billion growing 21.8% yearon-year and 14.7% on a year-to-date basis. Gross loans and advances stood at AED 23.9 billion, up 12.9% year-on-year and 6.9% on a year-to-date basis. Gross Islamic financing assets increased by AED 1.1 billion compared to 31 December 2013. Customer deposits grew by AED 2.4 billion to AED 25.5 billion compared to 31 December 2013. The growth came mainly from a rise of AED 1.1 billion in conventional demand deposits, AED 687 million in call deposits and AED 467 million in savings deposits. This was offset by a decrease in conventional time deposits by AED 412 million. However, there was a healthy growth in Islamic deposits of AED 599 million over December 31, 2013.At 700.4 million net profit for the half year ended 30 June 2014 dropped by 59.6 million over the same period last year due to more normal levels of provisions for bad debts after abnormally low numbers in the first half of 2 0 1 3 . H o w e v e r, t o t a l operating income increased by AED 156.9 million to AED 1.7 billion, an increase of 10.2% compared to the half year ended 30 June 2013. This growth was mainly due to an increase of AED 114.9 million in net interest income and income from Islamic financing, and AED 42.0 million in non-interest income, which climbed by 12.3% over the same period last year. Operating costs increased by 11.5% to AED 740.2 million compared to the same period last year mainly due to increases in employment costs.For the quarter ended 30 June 2014 the profit was AED 365.8 million which was higher by AED 31.3 million over the quarter ended March 31, 2014, reflecting continued improved operating income over the last quarter.Net interest income plus net profit from Islamic financing for the half year ended 30 June 2014 grew by 9.6% compared to the half year ended 30 June 2013 to AED 1.3 billion. This was a result of higher interest income on loans and investments, a reduction in the cost of deposits as the Bank focused on accumulating low cost transaction accounts, and an increase in net income from Islamic financing to AED 58.1 million in line with the growing

By Qadeer Ahmad Siddiqui Dubai UAE: o r e d o o ’ s companies have launched a series of community and charity events during the Holy Month of Ramadan, designed to enrich lives and reach out to people across the Middle East, North Africa and Southeast Asia.Ooredoo companies

Islamic finance portfolio which commenced operations in 2013.The total impairment charge for the half year stood at AED 258.4 million compared to AED 118.2 million half year ended 30 June 2013. Nonperforming loans were steady at 2.4% of the loan portfolio and the annualized net credit losses to average loans and advances closed at 2.2%.We are seeing solid growth in almost all of our lines of business and the focus for the rest of 2014 is to strongly grow the bank’s top line as the full impact of our loan pipeline continues to flow through,” said Peter England, RAKBANK Chief Executive Officer. “We are seeing exceptionally strong growth in our SME and Commercial lending, which is a major engine for growth at RAKBANK. With a strong economic outlook for the UAE, we are confident that we can continue to build on our success in the market as we look ahead to the second half of 2014. We are in a strong competitive position to increase our market share as we plan to launch innovative products and services over the next two quarters, while maintaining our focus on service quality,” added England.During the first half of 2014, the Bank successfully issued USD 500 million bond under its USD 1 billion medium term note program, through its subsidiary RAKFunding Cayman Ltd, to take advantage of the current lowcost financing opportunities in the bond market, to proactively tackle the duration mismatch that arises from funding longer tenure loans using shortterm deposits, and diversify the investor base. The note, which was issued at a discounted rate of 99.275%, matures in 2019 and carries a fixed interest rate of 3.25% per annum.The Bank’s capital adequacy ratio as per Basel II requirement at the end of the quarter is 25.51% comprising entirely of Tier 1 capital. This is against a current minimum total capital ratio of 12% prescribed by the Central Bank in the UAE. At the end of the quarter, the regulatory liquid assets ratio was 21.4% and advances to stable resources ratio was 82%. Total shareholder’s equity totalled AED 6.4 billion including six months profit.The Bank is currently rated by following leading rating agencies. The following ratings have remained unchanged during the half year.

IPHONE 5S GOLD EXCHANGE OFFER I.PHONE 5S Exchange Offer - NEW EXCHANGE DIFFERENCE + FREE DATA TRANSFER + FREE SCREEN PROTECTOR By Qadeer Ahmad Siddiqui Dubai UAE: 1- From I.Phone 5 64GB to I.Phone 5S 16GB (GOLD) -Exchange Difference. AED. 949/2- From I.Phone 5 32GB to I.Phone 5S 16GB (GOLD) -Exchange Difference. AED. 1099/3- From I.Phone 5 16GB to I.Phone 5S 16GB (GOLD) -Exchange Difference. AED. 1350/4- From I.Phone 4S 64GB to I.Phone 5S 16GB (GOLD) --Price Difference. AED. 1599/5- From I.Phone 4S 32GB to I.Phone 5S 16GB (GOLD) --Price Difference. AED. 1649/6- From I.Phone 4S 16GB to I.Phone 5S 16GB (GOLD) --Exchange Difference. AED. 1749/7- From Galaxy S4 to I.Phone 5S 16GB (Silver) ---Exchange

have paid particular attention to supporting social initiatives aimed at children and young people’s development this year, as part of the brand’s focus on increasing the life chances of the next generation.Dr. Nasser Marafih, Group CEO, Ooredoo said, “Giving back to the community is embedded into the very fabric of every Ooredoo company, and this year has seen Ooredoo employees donate time and resources to improving people’s lives. We are committed to doing better for our customers, and we have emphasised the importance of caring this year, particularly with projects aimed at young p e o p l e . I n Q a t a r, t h e Alrabaa (‘Friends’) were back with surprises and

random acts of kindness as part of the ? #? DaysOfJoy? campaign running throughout the Holy Month

of Ramadan. Well-loved by young people in Qatar, the mascots hosted a series of activities that saw volunteers give gifts to children, help shoppers with their bags and visit hospitals and homes for the aged. Ooredoo also launched a special feature on its nationwide network of Self Service Machines, enabling customers to donate to charity wherever they are in the country.The Nawras Goodwill Journey in Oman embarked on its tenth cross-country mission this year, with a mission to connect local communities. The 36-member convoy undertook a two week journey giving donations and household items to families and individuals in need.For the first leg of the Nawras Goodwill Journey, the volunteers travelled more than 1,000 kilometres to visit charitable organisations and branches of the Omani Women’s Association in Seeb, Mussanah, Sohar, Khasab, Buraimi, Ibri and Ad Dakhiliyah. In the

second leg, the team visited charitable organisations, associations and orphanages in Al Amerat, Sur, JalanBani Bu Hassan, Ibra, Haima and Salalah.In total, the convoy travelled more than 2,000 kilometres, with volunteers donating appliances, laundry facilities and household items to assist the organisations with their on-going projects.In Kuwait, Ooredoo has supported a range of initiatives aiming to enrich the lives of the underprivileged and children, particularly orphans. The company is also running its “I want” campaign, which enables people to achieve their d r e a m s a n d a s p i r a t i o n s . O o r e d o o ’s Wataniya Mobile Palestine is supporting a range of community programs focused on health and firstaid through the “Nawartnaya Ramadan” campaign. Iftar tents have also been set up across four Palestinian universities with activities for students.In North Africa, Ooredoo Algeria workedwith Algerian Red Crescent to establish a common programme of social and humanitarian activities. This partnership provides financial support towards the various causes and initiatives undertaken by the Algerian Red Crescent in the country.Ooredoo Tunisia sponsored a project by DARNA to help establish

the first house for orphans with special needs. DARNA aims to ensure that children with mild disabilities and without family support are integrated into society, and Ooredoo has sponsored the construction and fit-out of the first house for the children in support of their campaign.In Southeast Asia, Indosat has donated to charities supporting orphans in eight of Indonesia’s big cities, and supporting a special initiativewhich used apps and video steaming to enable people to read the juz’z (chapters) of the Koran.The activity was held in eight different cities, and volunteers from each of Indosat’s regional office took part. Dr. Nasser concluded:Ooredoo is a very youth-focused brand, so it is fitting that so many of our campaigns this year have focused on young people in need. We believe that mobile technology has the power to enrich people’s lives and with coordinated efforts we are striving to make a real difference for the next generation through ourcommunity engagement activities.

ABU DHABI COMMERCIAL BANK PJSC REPORTS FIRST HALF 2014 NET PROFIT OF AED 2.161 BN, SECOND QUARTER 2014 NET PROFIT OF AED 1.058 BN By Qadeer Ahmad Siddiqui Dubai UAE: b u D h a b i Commercial Bank PJSC (“ADCB” or the “Bank”) today reported its half year financial results for the period ended 30 June 2014 (“H1’14”). Key highlights (30 June

2014):Double digit improvement in net profit in the first half of 2014 H1’14 vs. H1’13 –Net profit up 19% to AED 2.161 bn

Strong capital and liquidity position: –Capital adequacy ratio of 20.12% and Tier 1 ratio of 15.83%

“We are pleased with the Bank’s financial results for the first half of 2014. This was primarily driven by our strategy of ambition and measured discipline, which continue to yield positive results. Our focus on disciplined cost management combined with improved asset quality have contributed to our success in H1’14. CASA deposits reported a significant increase year to date, accounting for 48% of total customer deposits, compared to 39% at year end.The Bank’s balance sheet continued to strengthen, total assets increased 8% year to date, and our liquidity and capital position remain strong. As at 30 June 2014, ADCB was a net lender of AED 14 bn in the interbank markets with a CAR of 20.12%, while our collective loan impairment allowance was 2.14% of credit risk weighted assets.ADCB is committed to invest in

–Net profit attributable to equity shareholders up 18% to AED 2.010 bn –Operating income up 1% to AED 3.775 bn. H1’13 included (AED 103 mn) one-off gain rising from retirement of hedges. Excluding the nonrecurring gain, operating income for H1’14 reported an increase of 4% and noninterest income reported an increase of 8% at AED 982 mn –Net fees and commission income up 24% at AED 589 mn Disciplined cost management, interest expense reduced significantly and continued improvements in credit quality and risk profile: –Interest expense improved 24% year on year to AED 719 mn in H1’14 –Cost to income ratio was 31.9% in H1’14 –Net impairment allowance charges reduced to AED 407 mn in H1’14 –As at 30 June 2014, NPL ratio and provision coverage ratios improved to 3.4% and 129.2% respectively Resilient balance sheet, CASA contribution significantly higher:

–Net lender of AED 14 bn in the interbank markets The Bank announced another quarter of good results, delivering a net profit AED 2.161 bn for the first half of 2014, up 19% from H1’13. This represents an EPS of AED 0.36 for H1’14 versus AED 0.29 for H1’13. Commenting on the results, Eissa Mohamed Al Suwaidi, Chairman said: Our performance during the first half of 2014 demonstrates the Bank’s ongoing efforts to implement an ambitious vision of measured growth and continue to support UAE’s long term economic growth plan. The strength of our balance sheet and solid capital position is a reflection of our dedication to deliver sustainable value for all our stakeholders. The UAE economy is continuing to show solid signs of growth and we enter the second half of the year well positioned to capture new opportunities while continuing to operate within our predefined risk strategy.Ala’a Eraiqat, Member of the Board and Chief Executive Officer, commented on the results:

developing the UAE’s social and economic infrastructure. During Q2, we were proud to launch ‘ Ta m o o h a ’ , a n e w employment initiative for Emirati women offering flexible working arrangements.Tamooha’ is the first of its kind initiative in the Middle East banking sector, and is part of ADCB’s ambition to promote Emiratisation at various administrative levels in line with the directives of the UAE’s leadership, creating an appropriate environment for Emirati women to help them achieve their ambitions to lead a successful career path in financial services.Also, in Q2, ADCB successfully initiated and executed a Portfolio Transfer Agreement with Mubadala GE Capital PJSC, in line with our strategy to support the development of SMEs, which represent a critical component of the UAE economy. Considering the UAE's increasing international influence, we opened our first i n t e r n a t i o n a l representative office in London in May 2014,

–Net loans and advances up 2% to AED 134 bn over 31 December 2013 –Customer deposits up 3% to AED 119 bn over 31 December 2013 –Continued improvement in CASA deposits, accounting for 48% of total deposits compared to 39% as at 31 December 2013

allowing the Bank to capitalise on global economic trade and investment flows. We continue to invest in our network as part of our vision to become the most valuable bank in the UAE.With our customercentric approach and prudent operating framework, we remain committed to the execution of our strategic pillars and have a solid platform for sustainable growth.” Awards 2014:World Finance Magazine Award;

“Best Corporate Governance in UAE” The Banker Middle East Product Awards 2014; “Best New SME Product”, “Best SME Customer Service” and “Best Trade Finance Offering” Global Finance Magazine; “Best Overall Bank for Cash Management” (first time by a Middle East Bank) and “Best Trade Finance Bank in the UAE” The Asian Banker Magazine; “Best Domestic Cash Management Bank in the UAE” The Asian Banker Awards; “Best Retail Bank in the UAE” (for the sixth year) and “Best Deposit Product Business in Middle East” Banker Middle East Industry Awards; “Best Corporate Bank and Best Transaction Bank” Trade Finance Magazine; “Best Trade Bank in the Middle East and North Africa” and “Best Islamic Trade Finance Bank in the Middle East and North Africa” Asian Banking and Finance Magazine; “UAE Domestic Cash Management Bank of the Year”

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AUDI BRINGING NEW LIGHTWEIGHT SPRINGS TO PRODUCTION MODELS •Revolutionary suspension springs of glass fiber-reinforced polymer instead of steel •New springs offer more precise driving and 40 percent weight savings •Market launch in autumn 2014 Azad News UAE 1-7August 2014, 5-11Shawal 1435 Email:azadnewsuae@yahoo.com Mob:00971 56 118 6007

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DUBAI FESTIVALS AND RETAIL ESTABLISHMENT ANNOUNCES WINNERS OF THE DSS APPRENTICESHIP PROGRAM 2014 17 of the brightest young minds from across the MENA region to convene in Dubai on August 15th to participate in the 9th edition of the coveted destination-marketing internship By Qadeer Ahmad Siddiqui Dubai UAE: he Dubai Festivals a n d R e t a i l Establishment (DFRE), an agency of the Department of Tourism and Commerce Marketing

Syria); Ahmed Median (Mediterranean School of Business, Tunisia); Eddie Zentani (American University of Libya, Libya) and Zahra Mohammed (Lebanese International University, Yemen). H. E.

cachet, such as Emirates, Emaar Retail, MBC Group, R o a d s a n d Tr a n s p o r t Authority, Dubai Economic Department and Dubai Cares. This year’s winners can look forward to a similarly impressive agenda

demonstrated a strong understanding of her local market and the regional t o u r i s m i n d u s t r y. W e congratulate Sarah on proposing a series of innovative ideas to uplift the

(DTCM) and organisers of Dubai Summer Surprises (DSS), announced the names of the 17 students from across the Middle East

Laila Mohammad Suhail, Chief Executive Officer, DFRE, said:As we launch yet another exciting edition of the DSS Apprenticeship Program, we are once again

of key visits.Many of the interns who will be on their maiden trip to Dubai will also get the opportunity to visit some of the city’s iconic tourism landmarks, including

DSS brand using both traditional and social media. We are confident that she will prove to be an asset to the DSS Apprenticeship

and North Africa, who have secured a spot in the coveted DSS Apprenticeship Program 2014.The awardwinning destination marketing internship, which

looking forward to showcasing the region’s tremendous potential in terms of young talent who are set to drive the industry forward in the future.The

has been a successful component of the iconic DSS

DSS Apprenticeship Program is a powerful and

since the first edition of the program, welcomes its largest-ever group of winners from 17 markets in 2014 including its first apprentices from Yemen, Tunisia and Libya. More than 100 universities were invited to participate this year a significant increase from the 80 universities representing 14 markets in 2013.The 17 students who have been selected for the 9th edition of the program are: home country winner Sarah Makki (The Emirates Academy of Hospitality Management, UAE); Fatemah Jamalallail (Dar Al-Hekma University, KSA); Abdulaziz AlSabah (Australian College of Kuwait, Kuwait); Maryam Taqi (University College of Bahrain, Bahrain); Ali AlFarsi (Sultan Qaboos University, Oman); Najla AlThani (Stenden University, Q a t a r ) ; Ay a J a r d a n e h (Jordan University, Jordan); Nadeem Amary (American University of Beirut, Lebanon); Nouran Mahfouz (The British University in Egypt, Egypt); Dounia Boujrada (Al-Akhawayn U n i v e r s i t y, M o r o c c o ) ; Nouran Salah (University of Khartoum, Sudan); Shawn Chomani (American University of Iraq, Sulaimani, Iraq); Nagham Sous (Birzeit U n i v e r s i t y, P a l e s t i n e ) ; Shereen Juhani (Arab International University,

hugely beneficial knowledge-sharing platform that brings aspiring students from various parts of the region together, to help them develop real-life professional skills and deepen their practical knowledge of the industry.This year we are delighted to welcome apprentices from three new markets including Libya, Tunisia and Yemen as a step forward in our broader strategy to go global by 2015.Winners will each receive an all-expense-paid trip to Dubai including return flights and a two-week stay at The Emirates Academy of Hospitality Management (EAHM), strategic partners of the program for the last three years. EAHM is one of the world’s leading hospitality business management schools and part of Jumeirah Group, a luxury hotel company and a member of Dubai Holding.Throughout their stay, students will be attending workshops, visiting key DSS events and tourism landmarks, and meeting leading players behind the Destination Dubai brand.Winners’ itineraries in the past have included interactions with leading Dubai-based entities that have helped build the city’s world-class tourism offering and global brand

Burj Khalifa, Dubai Metro, Ski Dubai, Wild Wadi and lots more. The selection process this year began with each participating university

nominating its top six senior students from marketing, business administration, travel and tourism, event management and finance streams. Each student was asked to submit an essay on a topic chosen by the DSS Apprenticeship Program team.This year’s topic was: “What would you do differently for DSS 2014, in terms of promoting and positioning this event for your local market, if you were assigned the position of Chief Marketing Officer for DSS?” A special jury comprising key DFRE executives and other marketing professionals evaluated all the final submissions before shortlisting a winner from each country.In her winning essay, Sarah Makki, the winning student from the UAE, said: “As Chief Marketing Officer for DSS, I will mainly focus on promoting the event via social media channels and also reintroduce the weekly surprises through new additions. I would organize a competition where fans are invited to post relevant pictures throughout DSS. Participants will be encouraged to use the hashtags ? #? MyDubai? and ?# ?D SS? as a source of communication. Also since Ramadan takes up a big part of the summer season, I would develop food surprises, sweet surprises and heritage surprises, to be kicked off as weekly events to showcase the local food and the Ramadan spirit in Dubai. This would also apply during Eid, where Eid surprises could be introduced in the first few weeks of DSS to further promote the spirit of Eid in Dubai.Sarah Makki from The Emirates Academy of Hospitality Management (EAHM) delivered an insightful essay that

Program and a perfect host to the other participants heading to Dubai,added H. E . L a i l a M Suhail.Commenting on their

student’s success in securing a spot in the DSS Apprenticeship Program 2014, Ron Hilvert, Managing Director of The Emirates Academy of Hospitality Management said:We would like to congratulate Sarah Makki on this achievement and are proud to have her represent our institution, which is always encouraging innovation, creativity and diligence amongst its students. We are confident of Sarah’s abilities and talents and are certain that she will come out with flying colors at the end of this internship.The program will offer students the tools and resources they need to gain hands-on experience that will not only enhance their theoretical understanding of their chosen field of study, but also its practical applications, as they build a valuable network of potential future employers and corporate mentors.At the end of the two-week internship, the apprentices will be grouped into teams to present their reflective proposals before the senior management. The presentations will be based on their observations and experiences from the program.Over the past editions, participating students who have successfully completed the internship and graduated from their respective universities have secured rewarding jobs at prestigious organizations and multinational companies in their home countries and abroad.Since its launch in 2 0 0 6 , t h e D S S Apprenticeship Program has grown successfully to its current edition, which is another step forward in DFRE’s broader strategy to take the DSS Apprenticeship Program global by 2015, when the program will reach its 10-year milestone.

By Qadeer Ahmad Siddiqui Dubai UAE: udi is reinforcing its leading role in a u t o m o t i v e lightweight construction. The company is introducing new, lightweight suspension springs made of glass fiber-reinforced polymer (GFRP) in an upper midsize model before the end of the year. The GFRP spring, which Audi developed in collaboration with an Italian supplier, even looks different than a steel spring. It is light green, the fiber strand is thicker than the wire of a steel spring, and it has a slightly larger overall diameter with a lower number of coils. Most importantly, however, it is some 40 percent lighter. Whereas a steel spring for an upper mid-size model weighs nearly 2.7 kilograms, a GFRP spring with the same properties weighs just approximately 1.6 kilograms. Together the four GFRP springs thus reduce the weight by roughly 4.4 kilograms, half of which pertains to the unsprung mass.The GFRP springs save weight at a crucial location in the chassis system. We are therefore making driving more precise and enhancing vibrational comfort,said Dr. Ulrich

Hacke nberg, Memb er of t h e Board o f Manag e m e n t f o r Te c h n i c a l Development at AUDI AG.The core of the springs consists of long glass fibers twisted together and impregnated with epoxy resin. A machine wraps additional fibers around this core which is only a few millimeters in diameter at alternating angles of plus and minus 45 degrees to the longitudinal axis. These tension and compression plies mutually support one another to optimally absorb the stresses acting on the component. In the last production step, the blank is cured in an oven at temperatures of over 100 degrees Celsius.The GFRP springs can be precisely tuned to their respective task, and the material exhibits outstanding properties. It does not corrode, even after stone chipping, and is impervious to chemicals such as wheel cleaners. Last but not least, production requires far less energy than the production of steel springs.

BRANDING DUBAI: TOP DESTINATION FOR GLOBAL EVENTS AND EXHIBITIONS By Qadeer Ahmad Siddiqui Dubai UAE: s the global financial crisis continues to grip the world’s most advanced economies, the UAE holds prime position amongst a handful of nations, the Middle East giant stands well positioned for growth, boasting an optimistic business community and robust investment opportunities. Ranked fifth in financial stability by the World Economic Forum, and among the top twenty for ease of business, competitiveness and efficiency, the UAE is poised to become the world’s next top business hub. GDP grew at a rate of 4.1% in 2013, expanding to 4.5% year on year with 2015 forecasted by the IMF to achieve similarly impressive numbers. Dubai in particular leads the way for growth, accounting for 30% of the country’s overall GDP.Budget surpluses and strong economic growth in the UAE create an environment where progressive budgeting and ambitious infrastructure planning further innovation, trade, and dialogue. With the directives and guidance of the UAE government “the government continues to invest in economic diversification, paving the way for other sectors such as the exhibitions industry to widen their scope“ says BR Communications FZE, Managing Director - Bahaa

Fatairy.At the epicentre of trade and travel, the exhibition industry reinforces Dubai’s vibrant tourism sector, bringing in visitors, exhibitors and upping demand vertically across related services s u c h a s h o s p i t a l i t y, logistics, and F&B. Gitex Technology Week, Arab Health and Dubai International Boat Show remain only a few of the internationally renowned events bringing the world’s attention to Dubai’s burgeoning events and exhibition sector, a top contributor at 5% of D u b a i ’ s e c o n o m y, Successful in it’s bid to host the 2020 World Expo, all eyes will be on the worldclass city and it’s ability to host large scale exhibitions. Described as the engine driving Dubai’s economy, it is up to individual stakeholders in the region to capitalise on growth opportunities and push future expansion.

JOINT SCIENTIFIC PAPER BY MASDAR INSTITUTE AND MIT WINS IEEE EDA BEST PAPER AWARD FOR 2014 First Award for Paper on Integrated Circuits under MIT-Masdar Institute Collaborative Research Program Termed an ‘Outstanding Accomplishment’ By Qadeer Ahmad Siddiqui Dubai UAE: asdar Institute of Science and Technology, an independent, researchdriven graduate-level university focused on advanced energy and sustainable technologies, today announced a scientific paper submitted by a faculty team from MIT and Masdar Institute has won the prestigious Donald O. Pederson Best Paper Award (IEEE TCAD Best Paper Award) 2014.The winning authors, Mr. Zheng Zhang, Dr. Tarek A. ElMoselhy, Dr. Ibrahim (Abe) M. Elfadel, and Dr. Luca Daniel, received an unprecedented three nominations for their paper titled ‘Stochastic Testing Method for TransistorLevel Uncertainty Quantification Based on Generalized Polynomial Chaos’. The paper was a joint research project undertaken under the MITMasdar Institute Collaborative Research Program.The award was presented on 2 June at the Award Ceremony of the 51st Design Automation Conference (DAC) that was held in San Francisco, US, between 1-5 June. Sponsored by the IEEE Council on Electronic Design Automation (CEDA), the Donald O. Pederson Award recognizes the best paper published in the IEEE Transactions on Computer-Aided Design of Integrated Circuits and Systems in the two calendar years preceding

the award. Any paper published in the Transactions during this period may be nominated for the award. Various factors are taken into account while judging the nominees, including the overall quality, originality, level of contribution, subject matter, and the timeliness of the research.In its award citation, IEEE CEDA describes the paper as an ‘ o u t s t a n d i n g accomplishment’.Dr. Fred Moavenzadeh, President, Masdar Institute, said: “The award represents a great moment for the MITMasdar Institute Collaborative Research Program that is supported by the UAE leadership. Congratulations to the faculty of both institutions for winning the first such award for a project under this Program and we hope to see similar feats in the future.The benefits of this research paper include an ‘improved statistical benchmarking of high-tech products based on integrated circuits’, ‘efficient assessment of manufacturing tolerances and their impact on the fabrication yield of integrated circuits’, as well as a ‘reduction in the cost of statistical testing methods of integrated circuits’.Dr. Elfadel, Head of Institute Center for Microsystems, said: “The paper deals with novel and unique methods for the rapid evaluation of the impact that fabrication tolerances and similar uncertainties have on the behavior of the integrated

circuits that make up the micro-electronic fabric of the modern world. This is a problem that is as old as the field of integrated circuit design itself, but this paper provides a novel method for solving it that is rapid, reliable, and reproducible.Anothe r paper based on the same MIT-Masdar Institute collaborative project was presented at the conference under the title ‘Remembrance of Transistor Past: Compact Model Parameter Extraction Using Bayesian Inference and Incomplete New Measurements’. It has a joint academic-industry author list, including Mr. Li Yu, Dr. Dimitri Antoniadis, Dr. Duane Boning (from MIT), Drs. Sharad Saxena, Christopher Hess (PDF Solutions), and Dr. Elfadel (Masdar Institute). This paper presents a novel method for the electrical modeling of transistors in advanced semiconductor technology nodes using knowledge accumulated from past and current production-stage technology nodes.The Design Automation Conference at which the best-paper award was presented is the flagship conference of the Electronic Design Automation (EDA) industry and has a very selective paper acceptance rate, which this year was 22% of all full-length manuscripts submitted to its Technical Program Committee for

review. Its cutting-edge technical program is paired with an industrial exhibition showcasing more than 200 companies, including the largest EDA vendors, EDA startups, semiconductor intellectual property providers, and leading s e m i c o n d u c t o r foundries.Research activities under the MITMasdar Institute Collaborative Research Program are intended to have scientific, social, and economic merit globally and within the UAE and are evaluated by a Research Advisory Committee from both Masdar Institute and MIT. The robust research system includes projects at multiple scales, from individual singleinvestigator projects, to group or team research efforts, to larger research centers. Some projects involve only Masdar Institute faculty, others involve MIT and Masdar Institute faculty working on one-to-one joint collaborative research projects and new research efforts will involve teams from each side.

HOME CENTRE INTRODUCES ‘BACK TO SCHOOL’ DÉCOR SOLUTIONS FOR NEW ACADEMIC YEAR •New Collection Brings Fresh and Bright Colours into Children’s Rooms and School Gear By Qadeer Ahmad Siddiqui Dubai UAE: It’s that time of the year again when the excitement of the new academic year is setting in as the children are gearing up to get back to school. Offering interesting reasons for students to make a fresh and inspired start, Home Centre’s ‘Back to School’ collection includes useful and vibrant merchandise in room décor and school paraphernalia. The new collection seeks to capture the attention and tastes of Home Centre’s young target

audience with prints, designs, bright colours, and trendy pop-culture themes. Home Centre’s latest solutions feature storage devices, clocks, pillows, bed linen, wall art, photo-frames, rugs, and lamps in varied shapes and sizes. A variety of lunch boxes, fun cutlery and crockery and creative stationery provide children with further motivation to look forward to school.From young ones to teens, the Home Centre ‘Back to School’ collection aims to please all. The limitless options available

make sure that parents can have it easy and make it fun for their kids by taking them shopping and letting them pick and choose their furniture and room accessories.Michelle D i n s m o r e , H e a d Vi s u a l Merchandising, Home Centre, offers a timely tip:A smart back-to-school bedroom redesign includes revamping the closet so kids can easily see and select their own clothing. You can also incorporate calendars, message boards and organizers. Create a space for them where they can

grow and learn to manage their own responsibilities.

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SONY ALPHA A6000 OFFERS WORLD’S FASTEST AUTOFOCUS IN CAMERAS WITH INTERCHANGEABLE LENS •Fast Hybrid AF offers record breaking autofocus performance of 0.06 sec with high precision accuracy •Wide autofocus coverage area with 179 phase-detection AF points •24.3 megapixel Exmor™ APS HD CMOS sensor featuring gapless-on-chip design Azad News UAE 1-7August 2014, 5-11Shawal 1435 Email:azadnewsuae@yahoo.com Mob:00971 56 118 6007

INDIAN INVESTORS EMERGE AS MISPLACED TARGET IN INDIA’S NEW BUDGET STATEMENT By Qadeer Ahmad Siddiqui Dubai UAE: he recent Budget Statement released by the Indian government looks set to bring about a sea change in the tax regime surrounding domestic and international investment. While there may be an initial adjustment period by mutual funds and Foreign Institutional Investors (FII's), the long term impact at an institutional level is still too early to assess, according to leading international real e s t a t e c o n s u l t a n c y, Cluttons.Of greater significance is the proposed eradication of the Capital Gains Tax holiday on overseas residential property investments. While the sudden reintroduction of a 20% Capital Gains Tax rate change will no doubt trigger greater scrutiny of international residential investments by Indian investors, it will result in a recoiling of global investment activity by Indians on a scale that is likely to have a significant impact on many markets. In Dubai for instance, the announcement comes at a time when the market is positively responding to government regulation to cool the rapid pace of capital value growth. Following last year's record 51% rise in home values, capital values climbed by just 3.1% during Q1, which was largely due to the introduction of Federal Mortgage Caps, which limit the size of mortgages extended.Faisal Durrani, Cluttons’ London based International Research and Business Development Manager commented: “Indian nationals were the largest group of buyers in the Dubai residential market last year and remain amongst the largest cohort of investors in the emirate. The ending of the period of tax-free property trading for this group will of course further deter 'property flipping', which could have a knock on effect on the residential market’s growth in the short term, while Indian investors assess their options.Elsewhere in the Gulf, the drivers are slightly different. Gulf-based Indian investors targeting Muscat for example, are in increasing numbers, seeking out retirement homes. These investments are however far more long term as they appear to be driven by the ability to secure residence visas on the back of their property investments. This trend is particularly noticeable amongst non-resident Indians based in Dubai, where regulations surrounding retirement homes remains a grey area. Muscat’s relative proximity to Dubai and excellent road and air-links have helped to heighten the appeal of owning a home in O m a n . D u r r a n i added:Looking further afield to London, which emerged as the top investment target by HNWI's during Cluttons’ 2013/14 International Private Capital Survey, the impact is likely to be less pronounced. Although we are seeing Indian buyers rapidly growing in importance to the London

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CDECAUX UNVEILS ITS FIRST DIGITAL SCREEN NETWORK AT MUSCAT INTERNATIONAL AIRPORT AND SALALAH AIRPORT By Qadeer Ahmad Siddiqui Dubai UAE: CDecaux SA (Euronext Paris: DEC), the number one outdoor advertising company worldwide, has unveiled a n e w network of HD digital screens at Muscat Internatio nal Airport a n d Salalah Airport, in conjunctio n with OAMC.The 103” premium quality screens, with high

residential market, the appeal and prestige associated with a London investment is not expected to be dented by the change to the Indian tax regime.When asked about their thoughts on a potential UK ‘Mansion Tax', or change to the UK Stamp Duty Rates for international buyers during Cluttons’ survey last year, HNWI's were more concerned with the speed at which they could grasp these amendments and make the necessary provisions, rather than the actual cost implications; a sentiment that is likely to be echoed by Indians contemplating Londonbased residential investments.Overall, London's appeal is expected to remain virtually unaffected by the proposed tax changes, with further large scale institutional deals such as India Bulls recent US$ 264 million acquisition in Mayfair, or the Lodha Group’s US$ 680 million Grosvenor Square purchase expected in the short-medium term.Durrani concluded: "It is however important to note that at this early stage it remains unclear as to how the Indian government intends to implement this proposed change and perhaps more significantly, how they plan to monitor global property transactions by Indian nationals.Furthermore, the inadvertent targeting of overseas investments seems misplaced. Current regulations mean that international investors are locked in to India-based real estate investments for a period of three-years, after which they are faced with a 20% Capital Gains Tax, should they liquidate their investment. Creating capital gains tax bands that are linked to the length of real estate investments would not only reward longer periods of investment, but also dramatically boost the appeal of India to the international investment community.What we would really like to see is a move by the new Government to tackle the ubiquitous, untaxed cash component that plays a major part in real estate transactions within India's borders. These undermine the wider economy and such a move would enable greater transparency ahead of the mooted Real Estate Investment Trust regulations, further enhancing this sector's profile for institutional investors.

performance and cuttingedge design which are located in the baggage reclaim areas of both airports, offer a unique p r o p o s i t i o n f o r advertisers.The central positioning of these new HD landscape format screens provides advertisers with optimal visibility thanks to the way in which they have been integrated into the architecture of the buildings. The digital screens are strategically placed along the passenger journey, delivering strong stand-out and cut-through in a highly targeted advertising space.The new network of screens will also feature JCDecaux’s specialized content management system, which allows tailored advertising in the form of targeted or live campaigns. The system can for instance target specific flights from specific countries, change the creative from day to night, or broadcast live content.The launch of these new screens underlines JCDecaux Oman’s ability to deploy the

next generation of out of home digital advertising media, in addition to an already wide-ranging platform of traditional advertising, sponsorship and experiential

solutions.Samer Ahmed Al Nabhani, Chief Commercial Officer OAMC said:We are pleased to see t h e s e impressive screens, which are the first of their kind in Oman, going live in Muscat International Airport and Salalah Airport. Our partnership with JCDecaux means that this impressive network of screens will place us at the forefront of innovation and c r e a t i v i t y, w h i l s t a l s o enhancing the advertising landscape and creating a more enjoyable passenger experience.David Bourg, CEO Middle East from JCDecaux said: "The installation of this new network of high-definition digital screens at Muscat International Airport and Salalah Airport marks a significant step forward in enhancing the outdoor advertising landscape in Oman. In addition, this new advertising solution strengthens our digital footprint in the Middle East with now 500 digital screens across the airports in the region. Our track record of enhancing the passenger experience in the world’s leading airports, as well as our extensive global and regional client base, will ensure the success of our partnership with OAMC.

“SEA VIEWS EVERY DAY AND A FANTASTIC LIFESTYLE” - TURKEY’S CHARM WINS OVER ANOTHER BRITISH EXPAT By Qadeer Ahmad Siddiqui Dubai UAE: aking up to sunshine and sparkling sea views is now a daily treat for Sara Chandler from Essex, who has recently relocated to her apartment on a 5-star complex in Turkey, after successfully purchasing it through property agency Spot Blue International P r o p e r t y. M s C h a n d l e r bought her two-bedroom apartment, located in Tuzla and 30 minutes from the hot spot of Bodrum town, in May 2013, after finding it on the Internet and arranging a viewing with Spot Blue International Property. She paid around £75,000 for the property, including furniture, using the proceeds from the sale of her UK property to fund it. After monthly visits to Turkey, she has now decided to base herself there, returning to the UK to work for a few months of the year.Being a self-employed marketing consultant gives me the flexibility to live in Turkey and return to the UK for work purposes it’s ideal,said Ms Chandler. So I have just applied for residency. The lifestyle here is fantastic and I have already made new friends on my complex, both British and Turkish, and I’ve also started learning Turkish.When Ms Chandler began her search for an overseas home, Turkey wasn’t her first choice, but

she was won over by how far her money would go there, as well as the lifestyle on offer. She revealed: “I went to see a friend in the Algarve who recommended buying there. I knew I had to have sea views and wanted to be somewhere not too built up, but with amenities close by. However, you pay a premium to get all that in the Algarve, so I looked at Turkey, where I hadn’t been for around 20 years, and it ticked all the boxes I can see the sea from my balcony!Extensive facilities, including pools, golf, restaurants, shops and a gym, spa and beauty centre, mean Ms Chandler needn’t leave the complex unless she wants to, but she enjoys a daily stroll to the local fishing village, Bogazici.Ms Chandler is grateful to Spot Blue International Property for the smooth purchase of her Turkish apartment. “I fell in love with my property from the photo of the sea view that I saw on the internet. I came out to see it two weeks later and was ready to buy from the British vendor, however I spent two days with Spot Blue who wisely made me view other properties, around eight in total, just to check there wasn’t something else I’d prefer. They were very helpful, and assisted me with finding a lawyer and ensured the handover went smoothly and I received my TAPU.

By Qadeer Ahmad Siddiqui Dubai UAE: ony Middle East and Africa FZE today announced the launch of the speedy new Alpha A6000 offering the quickest AF performance of any interchangeable lens digital camera, snapping subjects into sharp focus in just 0.06 seconds. Every frame is captured with rich details and texture with the 24.3 megapixel Exmor APS HD CMOS sensor and BIONZ X processor. Unique Iconic Designs Mirrorless line-up in black and titanium Autofocus speed powered by advanced Fast Hybrid AF system Quicker than most professional DSLRs, the autofocus speed of the Alpha A6000 is powered by Sony's advanced Fast Hybrid AF system. A 179point focal plane phasedetection AF sensor is teamed with highprecision contrastdetection AF. This potent combination delivers the world’s fastest AF

performance of any interchangeable lens camera, plus continuous shooting at a blazing 11fps with highly accurate autofocus tracking. Clear Pictures and Composure Four double aspherical lenses provide picture clarity Premium features are packed into the camera's compact, purposeful body. Composing scenes is a pleasure through the new clear, bright OLED TruFinder™, which consists of four double aspherical lenses. Preview the effects of adjusting focus,

exposure and other settings: what you see is exactly what you get. Intuitively-placed mode and control dials on top of the camera allow effortless adjustment of shooting settings while you're focused on the scene in front of you. A total of 7 customizable buttons – including two dedicated custom buttons – give swift access to any one of 43 assignable functions to satisfy any photo enthusiast. And for extra flexibility in any situation, there's a built-in flash to brighten up portraits or gloomy indoor shots. Sharing photos made easy View photos with onetouch connection The camera allows easy sharing of shots on your mobile: on-board Wi-Fi permits one-touch connection with your Xperia™, NFCcompatible Android smartphones, tablets and VAIO. A single touch also activates Smart Remote

Control, linking the camera to fire the shutter from a distance and view photos on your mobile. Style-matching optional accessories for the Alpha A6000 include the LCSEBC just-fit Body Case that protects the camera from dust and everyday scratches. What’s more, transfer data via connected USB, the NFC function or mount the camera on a tripod without having to remove the case. The LCS-BBXL soft carrying case is great for protecting long lenses like the SEL18200LE and SEL55210. The waterrepellent case also offers extra space to store a lens hood. Also available is the PCK-LM17, a semi-hard protective sheet that safeguards the camera's LCD screen against scratches, dust and fingerprints. The Alpha A6000 interchangeable lens digital camera from Sony is currently available at all Jumbo outlets and select electronics retailers in the UAE.

UAE, SAUDI ARABIA SHINE BRIGHT IN RESURGENT US$ 2.5 BILLION GCC LIGHTING MARKET Lighting industry majors train focus on Light Middle East 2014 By Qadeer Ahmad Siddiqui Dubai UAE: he UAE and Saudi Arabia are at the forefront of a resurgent GCC lighting sector, with both countries accounting for 70 per cent of the US$2.5 billion regional market value in 2013, according to global con-sultancy firm Frost & Sullivan.Fuelled by increased demand from the fully revived construction sec-tor, the Gulf lighting fixtures market is expected to grow between 8-10 per cent annually between 20142018, creating major opportunities for global manufacturers and designers to capitalise on renewed in-vestment across the region.More than 250 top players will look to tap into the lucrative market at Light Middle East 2014, the region’s premier trade event for lighting design and technology, taking place from 3-5 November at the Dubai International Convention and Exhibition Centre.Now in its 9th edition and organised by Epoc Messe Frankfurt, Light Middle East is the region’s only exhibition dedicated exclusively to the lighting industry, presenting the latest innovations and advancements of the rapidly evolving sector.Light Middle East reflects the remarkable growth and developments

that the regional lighting industry has seen over the years, presenting exhibitors with unmatched ease of access to regional buyers and markets,said Ahmed Pauwels, CEO of Epoc Messe Frankfurt. Given the large number of infrastructural and developmental projects currently underway with many more in the pipeline, the GCC and wider Middle East represent a market of exciting potential and huge possibilities for the future.Many of the top 50 global lighting industry majors are expected to interact with thousands of project related buyers at Light Middle East, as they jockey for a larger share of the regional lighting pie. Among the heavy hitters already confirming their participation at the threeday event include LG, Osram, Artemide, Targetti, Regiolux, Rovasi, Apol-lo, D e b a s a n d Odelic.European manufacturers Rovasi and Regiolux will introduce to the Middle East their latest range of energy efficient LEDs (Light Emitting Diodes), a move that will be welcomed by many as regional govern-ments continue to encourage the adoption of greener technology for infrastructure and c o n s t r u c t i o n projects.Ingeborg Schmidt, Export Sales Manager at Germanbased Regiolux, said:

“Over the last year, the main focus for Regiolux has been di-rected toward the development of new energy efficient LED equipped luminaries while extending our existing LED product range.We have already established strong business relationships in the UAE, Qatar, Oman, and Kuwait over the last 30 years, and we now see increasing opportunities in other Middle East and African markets. Light Middle East is our gateway to these untapped markets.With wide support from industry associations and regional authorities, Light Middle E a s t o f f e r s a comprehensive interactive p l a t f o r m f o r manufacturers, architects, designers, consultants, engineers, con-struction companies, hospitality industry professionals, government officials and more.Prominent among the attractions at this year’s edition will be the the Future Zone, an exciting showcase of futuristic products and technol-ogy, cutting-edge design and trends from some of the leading i n t e r n a - t i o n a l manufacturers and designers.Training the spotlight on key industry issues will be the two-day Light Middle East Conference from 4-5 November, where high profile light-ing designers and experts share their

AIR BP FUELS COMMONWEALTH GAMES COMPETITORS By Qadeer Ahmad Siddiqui Dubai UAE: Leading international aviation fuel products and service supplier Air BP is carrying images of B P a t h l e t e ambassadors on 15 of its Scottish based refuelling trucks in support of this summer’s Games in Glasgow. Three trucks based at Glasgow, and a further 12 trucks based at Aberdeen a n d Edinburgh, are sporting the images of BP supported Scottish athletes Michael Jamieson and Libby Clegg. Along with Libby and Michael, other BP supported athletes taking part in the Games are William Sharman; Lizzie

Armitstead and Shelly Woods. Ahead of the Games, Air BP is ramping up its preparations to ensure that the airport refuelling teams are ready to cope with the anticipated surge in

largest multi-sport event and wish all the competitors the best for the Games,” says Ian Harrison, Air BP Manager for Western Europe.BP is an Official Partner of the Games which are taking place between

insights in an engaging and educational programme.Meanwhile, the popular Light Middle East Awards returns after a hugely successful launch in 2013. Celebrating excellence in lighting d e s i g n , t h e r e g i o n ’s outstanding projects and products will be awarded in front of hundreds of key industry professionals at a gala dinner ceremony on the 5th of November. The Light Middle East Awards cover 12 categories: •Innovative Lighting Project of the Year •Sustainable Lighting Project of the Year •Hospitality Lighting P r o j e c t o f t h e Ye a r (Interior) •Hospitality Lighting P r o j e c t o f t h e Ye a r (Exterior) •Retail Lighting Project of the Year (Interior) •Retail Lighting Project of the Year (Exterior) •Residential Lighting Project of the Year •Public Lighting Project of the Year •Best indoor product •Best outdoor product •Most innovative product •Channel Partner of the Year / Regional Lighting Distributor of the Year A panel of renowned lighting design experts will judge the final short-list, with the deadline for all entries set for 31st August 2014.

CONGRATULATIONS RORY: THE THIRD MAJOR’S A By Qadeer Ahmad Siddiqui Dubai UAE: MEGA ambassador Rory McIlroy dominated the leaderboard throughout The British Open Championship, leading after every round

before finishing with a narrow victory over fellow OMEGA ambassador Sergio Garcia and American golfer Ricky Fowler. In the third round of the tournament, Rory made two eagles on the final three holes allowing him to take a six-stroke lead into business throughout 23 July and 3 August. the final 18 holes. the event as planes The sponsorship It was the third Major championship for from all over the builds on fifty years the Northern Irishman. He became only Commonwealth of BP North Sea the third player in history to win three bring guests and history in Scotland Majors by the age of 25. Rory had already competitors to and follows BP’s won the U.S. Open (2011) and the PGA Scotland.We are s u p p o r t o f t h e Championship (2012). He took a sixreally pleased to play L o n d o n 2 0 1 2 stroke lead into the final round and faced a small part of what is O l y m p i c s a n d an impressive challenge from Sergio Garcia, who came within two strokes of set to be Scotland’s Paralympics. the lead in the final round. azad news uae.azad news uae .azad news uae azad news uae.azad news uae azad news uae azad news uae.azad news uae .azad news uae azad news uae.azad news uae azad news uae azad news uae. (pg13)

TISSOT STARTS COUNTDOWN TO 150TH ANNIVERSARY OF FIRST ASCENT OF THE MATTERHORN

Azad News UAE 1-7August 2014, 5-11Shawal 1435 Email:azadnewsuae@yahoo.com Mob:00971 56 118 6007

ADNIC ANNOUNCES APPOINTMENT OF CHIEF DISTRIBUTION OFFICER By Qadeer Ahmad Siddiqui Dubai UAE: bu Dhabi National Insurance Company (ADNIC), one of the region’s leading providers of insurance solutions for individuals and corporates, today announced the appointment of Michael Mansour as Chief Distribution Officer. In this role, Mansour will be responsible for overseeing the company’s distribution s t r a t e g y, i n c l u d i n g establishing new preferred partnerships and cultivating existing partners related to the broker community, banking institutions and d i r e c t customers.Commenting on Mansour ’s appointment, Walid Sidani, Chief Executive Officer, ADNIC said: “ADNIC has ambitious growth plans in place for continued success which include profitable regional expansion and organic growth by expanding our distribution channel partnerships. Michael’s wealth of experience, attained through his association with reputable regional and international insurance companies, will help ADNIC succeed with our local and regional distribution expansion s t r a t e g y. M a n s o u r j o i n s ADNIC from Zurich Insurance Middle East, where in the role of Regional Distribution Executive he was responsible for the company’s agency distribution channel and broker management. With over 20 years of regional experience, Mansour was a

UAE A “GOLD STANDARD” COUNTRY FOR CITIZEN SATISFACTION UAE Nationals Believe They Enjoy a Good Quality of Life With a Rating That Surpasses European Levels By Qadeer Ahmad Siddiqui Dubai UAE: he UAE satisfaction rating among nationals has further increased in the last 2 years and continues to exceed the All Europe Index and ratings for leading European countries like Germany, France and the UK and is on par with indices for Scandinavian countries, considered the ‘gold standard’.” TNS’s Steve Hamilton-Clark. Citizens in the United Arab Emirates (UAE) believe they

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SAUDI FERTILIZER INDUSTRY SET FOR ERA OF GROWTH AND DIVERSIFICATION, SAYS GPCA Kingdom accounts for 40% of regional fertilizer By Qadeer Ahmad Siddiqui Dubai UAE: he Saudi fertilizer industry leads regional production and is set to usher in a period of strong growth and diversification, according to Dr. Abdulwahab Al-Sadoun, SecretaryGeneral of the Gulf Petrochemicals & Chemicals A s s o c i a t i o n (GPCA).Fertilizer production from the Kingdom accounts for 40% of total capacity in the GCC region, said Dr. AlSadoun. Saudi Arabia has built this industry from the ground up over the last four decades, transforming it into a multi-billion dollar sector that not only earns valuable revenues, but also employs thousands of people.With a capacity of 17.1 million tons, Saudi Arabia dominates the GCC fertilizer industry, according to the GPCA’s 2013 GCC Fertilizer Industry Indicators. In 2013, fertilizer capacity in the Arabian Gulf reached 42.7 million tons, a 4% increase from the previous year. The global fertilizer industry, meanwhile, grew by just 1.7% in the same period.According to the report, nitrogen based fertilizers like ammonia and urea dominate production c a p a c i t y. H o w e v e r, infrastructural developments in the Kingdom are geared

key member of the acquisition integration and transformation team that acquired Lebanese Insurance Company, which later became Zurich Insurance Middle East. Mansour has also worked for Mashreq Bank where he was Head of Retail and Distribution, establishing the bank’s Retail Islamic Banking Division, as well as ALICO, where he was based i n J o r d a n a n d Egypt.Mansour will work closely with the CEO and Executive Leadership team on delivering ADNIC’s Perpetual Excellence Plan of profitable growth and regional expansion. In his role as Chief Distribution Officer, he will also be responsible for overseeing ADNIC’s expanding branch network to enhance customer acquisition and c r o s s - s e l l i n g initiatives.Mansour said:I am delighted to be joining ADNIC and look forward to working closely with the team to continue to develop the success of the organisation over the coming years.

improve the satisfaction ratings with quality of life to e v e n h i g h e r levels.Compared to a similar measure, the S t a n d a r d Eurobarometer 80, Hamilton-Clark highlighted that Denmark and Sweden are also at the same level, with 97 per cent of citizens stating a high degree of o v e r a l l satisfaction.The UAE satisfaction rating among nationals is on par with indices for Scandinavian countries, considered the ‘gold standard’ in such surveys,” Hamilton-Clark said, adding that “the UAE’s 97 per cent satisfaction rating far exceeds the All Europe Index at 72 per cent as well as those of other leading European nations such as Belgium at 93 per cent, United Kingdom at 90 per cent, and Germany at 89 per cent. The research findings are an extract from the UAE Opinion Survey conducted by TNS and comprised a representative sample of 5,000 Emirati citizens drawn from each of the seven emirates. Hamilton-Clark said that it formed part of a UAE study undertaken between December 2013 and March 2014 and measures the general public perception of, and satisfaction with, overall quality of life experienced.

By Qadeer Ahmad Siddiqui Dubai UAE: wiss watchmaker Ti s s o t u n v e i l e d today an impressive countdown clock at the foot of the legendary

towards product diversification. Projects like the US$7billion Ma’aden’s Wa a d A l S h a m a l c i t y, expected to begin production at the end of 2016, will tap into Saudi Arabia’s large phosphate rock reserves to produce up to 2.3 million tons of diammonium phosphate (DAP) fertilizers.As the region’s fertilizer industry is export oriented, with nearly half of all products destined for overseas markets, diversification will prove advantageous.The emergence of locally produced DAP fertilizers represents an opportunity to enter new markets in Asia for Saudi fertilizer producers, which have a high demand for this nutrient,continued Dr. Al-Sadoun.The 2013 GCC Fertilizer Industry Indicators, a statistical report prepared by GPCA will be released at t h e G P C A’ s F e r t i l i z e r Convention from September 16-18, 2014 in Dubai, United Arab Emirates.Now in its fifth edition, the annual conference will provide delegates with an in-depth supply and demand analysis from major markets around the globe, thought leadership from industry experts, and project case studies from the Gulf region and beyond. For more information, please visit www.gpcafertilizers.com

ATELIERS LOUIS MOINET RECEIVES AN IIPP AWARD AT UNESCO By Qadeer Ahmad Siddiqui Dubai UAE: hat better reward could there be to celebrate its tenth anniversary? Founded in 2004, Ateliers Louis Moinet has just received a Merit for Development award from the International Institute for Promotion and Prestige (IIPP) in cooperation with UNESCO. The highly sought-after prize is awarded to companies responsible for

extraordinary achievements and this is the first ever Merit for Development of Watchmaking Arts and Technologies. In its fifty years of existence, the IIPP has awarded only two other distinctions in the field of watchmaking.The renowned prize offers further fulfilment of the vocation of Ateliers Louis Moinet: reinstating Louis Moinet (who was born in Bourges in 1758 and died in Paris in 1853) in the pantheon of great w a tc h m a k e r s . A m a j o r milestone on the road to realising this ambition came in March 2013, when the firm unveiled the first chronograph in history – dating back to 1816 and signed by Louis Moinet’s own hand. The timepiece marked the beginnings of high-frequency chronometry a whole century ahead of its time. From the outset, Ateliers Louis Moinet has been committed to making watches that reflect Louis Moinet’s genius and forerunner vision, in a blend of art and technology. Pioneering the use of out-ofthis-world materials such as meteorite fragments from the Moon and Mars, Ateliers Louis Moinet has also distinguished itself by producing limited-edition pieces that skilfully match design with innovative technology a combination which has already won five Red Dot Awards, as well as an International Chronometry Competition

prize.The IIPP award offers independent recognition of the overall work of Ateliers Louis Moinet, conferred by an international body that rewards excellence and the significant contributions of an individual or company to their specific art. The firm joins previous award-winners including NASA, the Russian Academy of Sciences, Porsche, IBM, Microsoft and Jacques Cousteau.This distinction confirms the legitimacy of our mission achieving due recognition for the merit of a visionary genius who successfully encapsulated the art of watchmaking and nurtured it towards unprecedented new developments. In the early 2000s, the name of Louis Moinet was all but forgotten; now, he has found his rightful place as one of the greatest watchmakers of all time,says Jean-Marie Schaller, CEO and founder of Ateliers Louis Moinet.His Traité d’Horlogerie encyclopaedia of 1848 is nothing less than a philosopher ’s stone for contemporary watchmaking and is probably only the tip of the iceberg as far as his work is concerned, with much m o r e y e t t o b e discovered.This is one of the rarest and most prestigious distinctions in the world, rewarding companies that have achieved the most remarkable feats at an international level,” said Mrs Gisèle Rutman, Executive Chair of IIPP. “Today we are pleased to award the Merit for Development of Watchmaking Arts and Technologies to Ateliers Louis Moinet, by unanimous decision of the panel.The distinction was presented at a ceremony held on July 8, 2014 at the UNESCO Palace, Paris.Luis Moinet is available in the UAE exclusively through Damas in stores in Burj Al Arab, Mall of Emirates, Dubai Mall, Zabeel Saray and Mina Al Salam.

Matterhorn, Switzerland’s most famous landmark. Built in the shape of a pyramid almost four meters high, the clock is located in the heart of the Swiss village of Zermatt, which served as base camp for the first ascent of the Matterhorn on July 14, 1865. The clock will accompany a series of events leading up to the 150th anniversary celebrations, set for just over a year from today. Rising from a 4.5 metre wide base to 3.81 metres at its peak, the countdown clock evokes the history of Swiss mountaineering and

the valiant climbers who have challenged the Matterhorn in the last 150 years. It will welcome visitors and climbers at the Bahnhofplatz and will let them know how many days, hours and minutes are left until the celebration of the historic event.Innovators by tradition, Tissot is known around the world for hightech products that succeed in the most demanding climates and conditions. This clock will be no exception and is one of the reasons Tissot is an ideal partner for the anniversary celebrations. The partnership with Zermatt underlines Tissot’s signature Swiss character and reinforces its alliance with mountaineers and highlights the brand’s commitment to providing them with the best possible precision tools.

ASUS REPUBLIC OF GAMERS ANNOUNCES STUNNING G550JK GAMING NOTEBOOK A new era of gaming: all the power, style and reliability of a ROG gaming notebook in an ultra-compact 15.6-inch form factor By Qadeer Ahmad Siddiqui Dubai UAE: SUS Republic of Gamers (ROG) announced the G550JK gaming notebook, an ultracompact powerhouse with an ultra-crisp 15.6-inch display that offers all the benefits associated with the award-winning ROG notebook range in an even more portable form factor. Powered by 4th-generation Intel® Core™ i7 processors, and featuring an NVIDIA® GeForce® GTX™ 850M GPU that can be overclocked thanks to

ASUS TurboMaster technology, G550 provides the ultimate gaming-onthe-go experience for discerning users. Power to go:G550JK may be compact, slim and portable, but it packs a big punch. ROG-exclusive ASUS TurboMaster technology with GPU Tweak software allows the enthusiast-grade NVIDIA GeForce GTX 850M GPU to be safely overclocked by up to 5%. And even when running at maximum speed, G550JK keeps its cool thanks to the intelligent dual-fan cooling system, which uses two independent fans and copper heat-sinks to cool the CPU and GPU perfectly when needed. Stunning visuals, majestic sound :Visual enjoyment is assured by G 5 5 0 J K ’s b e a u t i f u l l y detailed 15.6-inch Full HD IPS LED-backlit display, with its wide 178-degree viewing angles and antiglare coating for comfort during long gaming sessions. ASUS Color Gamut Management and automatic Color Management ensure a stunning visual experience at all times, with accurate, deep, rich and lifelike colors.ASUS SonicMaster Premium, incorporating ICEpower®, Bang & Olufsen technology, gives G550JK incredibly powerful high-fidelity audio with unrivalled clarity, and the external SonicMaster subwoofer pumps out massive bass for truly immersive gaming. ROG

AudioWizard software makes light work of controlling audio settings for any environment, with

five presets for different game genres. Styled to win:The sleek and muscular low-profile aluminum lines of G550JK are enhanced by the signature ROG color scheme of matte black with fine red diamondcut detailing. The subtle illuminated ROG logo on the lid adds a touch of exclusivity and makes sure opponents know exactly what they’re up against. Just as cool is the red backlight on the seamless one-piece chiclet keyboard, making it easy on the eyes when gaming in darkened environments. Measuring just 27mm at the thickest point, G550JK can go anywhere, and win everywhere. AVA I L A B I L I T Y & PRICING:ASUS ROG G550JK is available at Virgin Dubai Mall and Virgin MOE for AED 5499. Please contact your local ASUS representative for further information. SPECIFICATIONS 1 Processors Intel® Core™ i7-4700HQ Chipset Mobile Intel® HM86 Chipset Operating System Windows 8.1 Memory DDR3 1600 MHz up to 16GB Display 15.6-inch AG IPS FHD LED backlight (1920 x 1080) Graphics Card NVIDIA® GeForce® GTX™ 850M with 4GB DDR3 VRAM Storage 2.5-inch SATA 1TB (5400rpm) Optical Drive Blu-ray Combo Camera Built-in HD camera and array mic Dimension and Weight 38.3 x 25.5 x 2.77cm, 2.5kg Specifications, content and product availability are all subject to change without notice and may differ from country to country. Actual performance may vary depending on applications, usage, environment and other factors.

FIVE COOL CAR APPS THAT MAKE CRUISING MUCH EASIER Don’t go another day owning a car without the coolest applications! By Qadeer Ahmad Siddiqui Dubai UAE: Did you know that we spent nearly 45 days every year on our mobile devices? Yes that’s right. And since we are at it, we might as well get the best of apps that can help us cruise through life in an easier fashion. Let’s start with owning a car and then move on to navigating, parking and so on. Take a look at these 5 cool apps that may not do the actual driving for you, but would certainly help you avoid the daily annoyances that you may encounter: Carmudi:There is no point downloading a driving app without actually owning a car. So whether you’re looking to buy your first ride or update your old one, look no further than the Carmudi. Carmudi app gives you a choice of 200,000 cars with detailed search filters and a ‘car park’ function that allows you to save your favourite machines. And the option of sharing your choice on social networks can help you get a second opinion from friends and family. Google Maps:Once you are in your car getting to where you need to be can sometimes be problematic. With this in mind, Google Maps is the answer. If you are lost and need to find your way then Android’s (Google’s) very own maps system will help you get out of trouble. Operational across the globe, it is a cool navigation system one can have. Trapster:Traffic jams are nothing but a nuisance and they can be the reason for missing important meetings and events. The Trapster app is a clever map-based alert system which informs drivers of what they fear most in advance before they encounter the annoyance of

a road build-up. Entitled ‘Trapster’ because it allows users to add information to a desktop version warning other drivers of the ‘traps’ of particular roads. AA Parking:Finding a place to park is always a hassle, let alone trying to find somewhere that is cheap too. With the ‘AA Parking’ app a driver is given the most convenient options to them, based on location and price. Never wander the streets again for long periods of time trying to find the best parking spot, only to walk 15 minutes to get to where you need to be. With this app on your mobile, you needn’t worry about aching legs. What Gas Petrol Prices:We all have a gas station that we visit on a regular basis, usually with agreeable prices. However, the situation where you need to fill up unexpectedly is always a risk. With this in mind it is essential that you download ‘WhatGas’. This app allows you to locate the nearest gas stations to you with the most affordable prices. Don’t pay over the odds for something you can get cheaper.If you would like to find the perfect ride to enjoy the benefits of all the apps, take a pit stop at w w w. c a r m u d i . c o m o r simply download the Carmudi app that lets you find your wheels on the go.

ARE YOU ELIGIBLE FOR ELITE SUPERCAR CLUBS IN THE UAE? Exclusive clubs offer motoring enthusiasts desert adventures and track day challenges By Qadeer Ahmad Siddiqui Dubai UAE: hat do car owners of the most sought-after brands have in common? A lot of dough? Shameless snob value? Prestige? Or simply an amazing driving experience? Well actually, it’s much more. It’s the entry to some of the most elite super car clubs in the UAE. So if you own a Ferrari, Porsche or an Audi R8, get

the Middle East is something all members are able to enjoy. Touted to be the most popular club in the UAE, Porsche caters to the niche needs and interests of a Porsche patron. Worth joining for a Porsche owner looking for a nice Friday drive or willing to explore the performance abilities of its car on a race circuit. Eligibility criteria: Must own at least one Porsche Membership fee(s): Annual

ready to be treated special. fee of 266 AED (excluding Carmudi, a platform that will events and trackdays) help you find the most N u m b e r o f m e m b e r s : luxurious of rides on the go, Thousands.. has put together a top class Audi R8 Club UAE:With a selection of members-only title of the largest R8 club in car clubs worth joining. the world, it is deemed as a enjoy a good quality of life Check out the eligibility u n i q u e g r o u p o f c a r with a rating that surpasses criteria, but beware that enthusiasts. The club most of their European there could be hidden costs regularly participates in counterparts, according to that might cost you a bomb! exclusive events, track day Steve Hamilton-Clark, CEO Ferrari Club of UAE :For c h a l l e n g e s , a d v a n c e d of TNS MENA, the world’s Ferraristas only.To be a part driving courses and many largest custom market of the prestigious club, more exciting get togethers. research organisation.The members must own or have The most unique part of the firm recently conducted a owned a Ferrari, along with club is the diversity within nationwide survey (a repeat permanent residence and a the team, consisting of of a similar survey strong relationship with the members from over 15 conducted in 2011) and UAE and neighbouring different countries ranging found that citizens across countries across the Middle from every age, caste or the UAE expressed an even East. It brings a mix of 12-14 creed. However, on the road higher degree of satisfaction glamorous events and they all follow one religion: with their overall quality of sporting/track days per year R8 that is. life compared to 2011, with r u n n i n g f r o m M a y t o Eligibility criteria: Must own 97 per cent of respondents September, as well as a an Audi R8 stating that they were either summer tour typically in Membership fee(s): No ‘very satisfied’ or ‘fairly Europe where the club membership fee; the club satisfied’, (an increase of 6 ships between 20 and 30 receives sponsorships from percentage points). “Such Ferraris from the UAE to the likes of Red Bull, Simon high levels of satisfaction Europe for a 2 week tour. Motorsports & WrapStyle can only happen in a country Eligibility criteria: Must own UAE (subsequent fees for where the overall sentiment a ferrari, any model events and trackdays). is that of optimism and Membership fee(s): A fixed N u m b e r o f m e m b e r s : positivity,” said Hamiltona n n u a l a n d u n i q u e Currently has 63 members Clark and concluded that the membership fee of 4,500 making it the largest Audi UAE’s strong economic AED yearly which includes R8 Club in the world.If you fundamentals and continued attendance to events and would like to join in on the stability coupled with other special get togethers. fun at the supercar clubs, government’s focus on Number of members: 166 take a pit stop citizen welfare and national Porsche Club UAE:Annual atwww.carmudi.ae development all helped desert adventures across azad news uae.azad news uae .azad news uae azad news uae.azad news uae azad news uae azad news uae.azad news uae .azad news uae azad news uae.azad news uae azad news uae azad news uae. (pg14)