Business & Money | Friday 24 June, 2016 4:45 pm

Britain votes to leave EU

Britain voted to leave the European Union, forcing the resignation of Prime Minister David Cameron and dealing the biggest blow to the European project of greater unity since World War Two. Global financial markets plunged on Friday as results from a referendum showed a near 52-48 percent split...

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Business & Money | Friday 24 June, 2016 9:44 am

Starwood Hotels & Resorts Celebrate Iftar with Cab Drivers In Amman

Yesterday, Starwood Hotels & Resorts celebrated Iftar with taxi drivers across Amman, Jordan as a part of its seventh annual ‘Iftar for Cabs’ and its ongoing commitment to the Holy Month of Ramadan. This year’s initiative brought 48 hotels, including Sheraton Amman Al Nabil,...

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Business & Money | Friday 24 June, 2016 7:03 am

First Saudi-built Renault Truck rolls out of AVI facility in KAEC

THE new era of Renault Trucks in Saudi Arabia started recently with the assembly of its first C & K range models at its newly built state-of-the-art assembly facility of Arabian Vehicles & Trucks Industry Co. Ltd. (AVI), based in King Abdullah Economic City (KAEC). A milestone for...

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Business & Money | Friday 24 June, 2016 2:13 am

Startup World Cup Makes its Debut:
1,000,000 USD for the World Champion

Startup World Cup, a global conference and competition, makes its debut connecting startup ecosystems around the world. Startup World Cup will host regional events in Indonesia, Japan, India, Taiwan, China, Israel, Australia, Germany, Chile, and the US (Boston & Silicon Valley) where the...

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Business & Money | Thursday 23 June, 2016 3:30 pm

Deloitte: Boardrooms aware of cyber risks, not equipped with experts


Boardrooms’ awareness of cyber risks has been recently growing in Europe, Middle East and Africa, with cyber security ranking far up on the agendas of non-executive directors in the region, according to Deloitte’s recent report entitled “EMEA 360 Boardroom Survey: Agenda...

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Business & Money | Thursday 23 June, 2016 3:21 pm

Abdullah Ashy Appointed Chairman of Ewaan Global Housing

During their latest meeting, the Ewaan Global Housing Board of Directors agreed to nominate Mr. Abdullah Bin Muhammad Ahmed Ashy as the company’s Chairman as of July 2016, as a successor to Engineer Anees Moemena who has been Chairman since 2013.   Ashy’s nomination comes...

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Business & Money | Thursday 23 June, 2016 2:47 pm

Viacom Expands Direct-to-Consumer Offering with International Launch of BET Play

Viacom International Media Networks (VIMN) today announced the launch of BET Play, Viacom’s first-ever direct-to-consumer, subscription video on demand (SVOD) application for the adult audience, giving fans in 100 countries direct mobile access to BET’s signature award shows, current...

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Business & Money | Thursday 23 June, 2016 2:36 pm

GCC Food & Beverage Companies Embrace Commitment to Phase-Out Trans Fat

General Mills, Kellogg Company of Great Britain Limited (Dubai Branch), Mars, Mondelēz International, Nestlé Middle East, PepsiCo, The Coca-Cola Company and Unilever – GCC-based member companies of the International Food & Beverage Alliance (IFBA) - embrace the commitment to a...

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Business & Money | Thursday 23 June, 2016 2:26 pm

SEDCO Holding Group Showcases 40 Years of Success at the Annual Multaqa 2016

SEDCO Holding Group showcased the success of its 40-year journey during its annual “Multaqa SEDCO Ramadan 2016”, which was held at Leylaty Ballroom in Jeddah. The event was attended by the Group’s upper management, notably Sheikh Saleh Salem Bin Mahfouz, Chairman of the Board and...

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Business & Money | Thursday 23 June, 2016 2:02 pm

Bupa Arabia and Careem partner to place smiles on needy faces

In line with the spirit of the Holy month of Ramadan, Bupa Arabia organized in partnership with Careem, the leading cab booking service, a campaign to encourage, gather and donate un-used items from their employees and community to donate to those who are in need from individuals and charities...

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