Business & Money | Sunday 17 July, 2016 10:41 am

Kuwait’s Largest Construction Event to Take Place as Government Earmarks $68.9bn for Construction Spend in 2016

With planned developments worth an estimated $123.6 billion, according to MEED, and $68.9 billion government construction budget for 2016, Kuwait’s construction industry offers massive business opportunities. The Big 5 Kuwait 2016, taking place from 25 – 27 September at the...

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Business & Money | Sunday 17 July, 2016 10:33 am

United Technologies Commercial Business Unit Offices in Jeddah Achieve LEED Platinumâ Certification

The Otis and UTC Climate, Controls & Security offices in Jeddah recently received LEED® Platinum certification under the independently verified LEED for Commercial Interiors™ rating system from the U.S. Green Building Council®. LEED certification is one of the leading global...

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Business & Money | Sunday 17 July, 2016 2:09 am

Tag Heuer Announced as New Official Timekeeper and Sponsor of Laliga

 Swiss watchmaker TAG Heuer was announced as the new Official Timekeeper and sponsor of LaLiga. LaLiga legends Raúl González and Fernando Sanz joined the President of LaLiga, Javier Tebas, and TAG Heuer Spain General Manager, Blanca Panzano at a special event to celebrate the...

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Business & Money | Saturday 16 July, 2016 6:41 am

Emaar launches new tower in Dubai Hills Estate

Emaar Properties, Dubai’s largest developer, is launching an exclusive collection of homes in Dubai Hills Estate in Mohammed bin Rashid City. Only 147 residences, comprising 1, 2 and 3-bedroom apartments, are now offered for sale at the new tower in the Acacia at Dubai Hills Estate...

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Business & Money | Saturday 16 July, 2016 6:20 am

‘Sun never sets on Saudi relief efforts’

Commending the untiring relief efforts of Saudi Arabia, Secretary-General of the Arab Red Crescent and Red Cross Organization Saleh bin Hamad al-Suhaibani said that the “sun never sets on these relief efforts.” “The King Salman Center for Relief and Humanitarian Aid and the...

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Business & Money | Saturday 16 July, 2016 3:26 am

Property prices fall in Dubai, Abu Dhabi

Home buyers and those looking to rent in Dubai and Abu Dhabi can breathe a little easy with villa and apartment prices dipping between 4 and 6% in the second quarter, compared to the same period in 2015, UAE daily The National reported. But the report added that the market was likely to...

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Business & Money | Friday 15 July, 2016 6:00 am

Saudi bond sale: Top banks among lead managers

Saudi Arabia appointed six banks as co-lead managers on its first international bond sale, according to people familiar with the matter. The Kingdom hired Bank of China Ltd., BNP Paribas SA, Deutsche Bank AG, Goldman Sachs Group Inc., Mitsubishi UFJ Financial Group Inc. and Morgan...

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Business & Money | Friday 15 July, 2016 4:14 am

Daikin VRV IV Receives QCC Certification

Daikin is proud to announce that the Daikin VRV IV Series has received the Abu Dhabi Trustmark for Environmental Performance from the Abu Dhabi Quality Conformity Council (QCC).  Daikin's VRV IV has become even smarter; not only is it especially equipped to handle the sizzling heat of...

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Business & Money | Thursday 14 July, 2016 3:05 pm

Harjeev Kandhari Appointed as Non-Executive Chairman at Walpole Capital

Walpole Capital, a leading venture capital firm based in London, today announced that its Board of Directors has appointed Harjeev Kandhari as Non-Executive Chairman. Harjeev Kandhari is the current CEO of Zenises and the Founder and Chairman of the Zenises Foundation. He has previously...

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Business & Money | Thursday 14 July, 2016 2:30 pm

Hasbro Acquires Boulder Media Animation Studio

Hasbro, Inc. (NASDAQ: HAS) today announced that it has acquired Boulder Media, a multi-award winning Irish animation company based in Dublin. Boulder has produced a variety of award-winning series for Cartoon Network, Nickelodeon, Disney and BBC. As a wholly-owned subsidiary, Boulder will continue...

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