Business & Money | Thursday 6 October, 2016 7:22 am

Saudi Electricity awards France’s Engie $1.2bn power station contract

Saudi Electricity Co. said that in partnership with Saudi Aramco, it had awarded a contract to French utility company Engie to build a 1,504 megawatt power plant. The Fadhili power plant will be built at a cost of $1.2 billion and owned 30 percent by Saudi Electricity, 30 percent by Aramco and 40...

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Business & Money | Thursday 6 October, 2016 7:07 am

Municipality Excellence Expansion Summit opens in Riyadh

Modernization of the municipalities was the theme of the Municipality Excellence Expansion Summit which was inaugurated by Municipal and Rural Affairs Minister Abdul Lateef Al-Asheikh in Riyadh on Wednesday. The minister said the summit is being held at a time when the Kingdom is rapidly embracing ...

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Business & Money | Thursday 6 October, 2016 4:17 am

Canon captivates regional photographers with new EOS 5D Mark IV

Canon Middle East, world leader in imaging solutions, recently showcased the eagerly-anticipated EOS 5D Mark IV, the newest addition to the legendary EOS 5D family, at an exclusive distributor function held for UAE and the wider MENA region in Dubai.    The launch, held in...

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Business & Money | Thursday 6 October, 2016 3:57 am

Leading entities join forces to stage Dubai Week in China: Shanghai

Dubai’s leading entities are joining forces to stage an event in China highlighting how the city is a global gateway offering the world’s largest exporter excellent opportunities for economic development and cultural exchange.   Taking place from 27-29 October 2016, ...

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Business & Money | Thursday 6 October, 2016 3:45 am

SAS Signs Strategic Partnership With Mashreq

SAS, the leader in analytics, has signed a strategic partnership with one of the UAE’s leading financial institutions, Mashreq to automate the Bank’s entire marketing campaign management infrastructure across it’s growing regional retail presence in key markets including Egypt,...

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Business & Money | Thursday 6 October, 2016 3:05 am

SOUQ.com launches E-commerce Fulfilment Services for Local and International Sellers via “Fulfilled by SOUQ”

SOUQ.com, the Middle East’s largest online retail and marketplace platform takes the lead in pioneering e-commerce initiatives in the region with the launch of ‘’Fulfilled by SOUQ’’ (FBS) program. Built on the foundation of an advanced fulfilment network, the program...

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Business & Money | Wednesday 5 October, 2016 10:38 pm

Japan External Trade Organization “JETRO” Showcases Latest Innovations at GITEX

The Japan External Trade Organization (JETRO) has announced its participation in the 36th edition of GITEX Technology Week which will be held between the 16th and the 20th of October 2016 at the Dubai World Trade Centre. This year, JETRO will shed a light on a plethora of innovations which have...

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Business & Money | Wednesday 5 October, 2016 5:09 pm

UAE Exchange associates with the Asian Football Confederation as Official Sponsor

The leading global remittance, foreign exchange and payment solutions brand, UAE Exchange recently announced that it has signed up with the Asian Football Confederation (AFC) as an official sponsor of national football competitions from 2016 till 2020. With this association, UAE Exchange becomes...

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Business & Money | Wednesday 5 October, 2016 5:05 pm

Emirates NBD UAE PMI™

Growth of the UAE’s non-oil private sector eased in September, with business conditions improving at the weakest pace since June. The sector’s slowdown was largely reflective of a subdued expansion in new work – the latest rise was the least marked in over six years. Job creation...

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Business & Money | Wednesday 5 October, 2016 5:03 pm

Emirates NBD Saudi Arabia PMI™

Saudi Arabian non-oil private sector growth continued in September, although the rate of improvement in business conditions was much reduced compared to previous years. The main reason for this was slower growth of new business – the latest rise was among the least marked ever recorded by the ...

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