Arabian Business – May 06, 2018

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MAY 6 – MAY 12, 2018, VOL 19 NO.

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48 LIQUID ASSETS

Arab Fashion Week’s new floating digs

The next edition of the hotly anticipated event finds a

new home aboard the renovated Queen Elizabeth II.

46 START UP

Inside the Uber of carwash apps

In just a year, Keno has grown from 15 car washes

a day to having a customer base of over 13,000.

DP World Cargospeed plans to use

ultra-fast hyperloop technology to

change the logistics sector.

COVER STORY

HE’S GOT THE POWER
As the price of clean energy falls and technology continues to improve, Alcazar Energy
CEO Daniel Calderon is ready to take the world of renewable energy by storm.

UPFRONT

08 THREE REASONS WHY

Mubadala saw its profits

grow a healthy 11.

percent in 2017.

10 PERSON OF THE WEEK

Gulf Air chairman on the

airline’s game changing

new aircraft.

10 PETROCHEMICALS

Saudi Basic Industries

Corp profits on the rise

due to higher prices and

sales volumes.

12 THE EXPLAINER

The UAE continues to be

a leader as a recipient of

foreign direct investment,

despite a global decline.

MAP

14 SAUDI ARABIA

Saudi Aramco appoints

Lynn Elsenhans as its first

ever female board member.

16 EGYPT

An Egyptian billionaire

puts half his $5.7bn net

worth into gold.

18 THE BIG STORY

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