Business & Money | Monday 1 May, 2017 1:35 pm

MEIRA’s new Saudi chapter seeks to bring best Investor Relations practice to the Kingdom

The Middle East Investor Relations Association (MEIRA) has launched a new chapter in Saudi Arabia, supported by the Saudi stock market “Tadawul”, to further develop best practice in Investor Relations (IR) across the Kingdom. The Saudi MEIRA chapter was formally inaugurated at a...

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Business & Money | Monday 1 May, 2017 9:24 am

Saudi Arabia seeks to increase FDI to 5.7% of GDP in 2017

Saudi Arabia seeks to increase FDI to 5.7% of GDP in 2017   Saudi Arabia is aiming to increase the foreign direct investment from 3.8% of its current GDP to about 5.7% in 2017, as part of its efforts to diversify its economy and boost investment inflows into the...

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Business & Money | Monday 1 May, 2017 9:17 am

XpertLearning to offer Cybersecurity Analyst (CSA+) Certification in the Middle East

Dubai-based XpertLearning, a leading consultancy for Online Learning, Talent and Performance solutions in the Middle East, announced today that it will be offering Cybersecurity (CSA+) certification in the Middle East.  CompTIA CSA+ is an international, vendor-neutral certification that...

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Business & Money | Monday 1 May, 2017 9:12 am

Middle East Construction Market to Top USD 300 Billion by 2019

  With the Middle East and North Africa’s construction market topping USD 300 billion by 2019, felt solutions will cut costs and deliver comfortable spaces, architects and interior designers agreed today ahead of International Design Exhibition (INDEX) in...

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Business & Money | Monday 1 May, 2017 2:54 am

Al Meera achieves Sales of QAR 644.1 million and Gross Margin of QAR 105.2 million in the first quarter of 2017

Al Meera Consumer Goods Company (Q.S.C.) announced its financial results for the first quarter of 2017, three months ended 31 March 2017. Sales reached QAR 644.1 million, compared to QAR 641.0 million for the same period in 2016, and Gross Margin increased from QAR 99.7 million in 2016 to QAR 105.2 ...

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Business & Money | Monday 1 May, 2017 1:35 am

Banks yet to calibrate CDMs to recognize new banknotes

More than four months after Saudi Arabia issued new banknotes, cash deposit machines (CDMs) around the Kingdom do not accept them as banks have not yet completed configuring their software to scan the new bills. Customers have been facing difficulties in depositing new notes in their accounts...

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Business & Money | Monday 1 May, 2017 1:30 am

UAE welcomes the introduction of Dubai Font with open arms

Dubai is on the fast lane towards becoming a super tech city in years to come and the introduction of ‘Dubai Font’ reinstates its position as a digital hub, stated by Mirvat Naba, Operations Director of Virtue PR, one of the fastest growing communications consultancies in the Middle...

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Business & Money | Monday 1 May, 2017 1:02 am

DIFC Investments LLC Chairman Essa Kazim outlines Robust Performance for 2016

His Excellency Essa Kazim, the Chairman of DIFC Investments LLC (DIFCI) and Governor of Dubai International Financial Centre (DIFC), the leading financial hub in the Middle East, Africa and South Asia, was pleased to report a ‘robust’ performance as he delivered DIFCI’s audited...

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Business & Money | Monday 1 May, 2017 12:22 am

AnchorAnchorLeatherworld Middle East 2017 opens featuring 65 exhibitors from 16 countries

Exotic Indonesian reptile skins, luxury fashion accessories, UAE-produced camel leather goods, and the global launch of 24 karat gilded stilettos from Italy all shared the stage, as the Middle East’s dedicated leather industry trade show opened in Dubai today (30 April). The exhibition was...

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Business & Money | Monday 1 May, 2017 12:16 am

Saudi’s commercial real estate market witnessed slowdown in demand for commercial space in Q1 2017

Knight Frank, the leading independent global property consultancy, published today its Saudi Arabia Commercial Review for Q1 2017, examining the demand, supply and performance of office spaces across Riyadh, Jeddah and the Eastern province. According to the report, the slowdown in demand for...

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