Business & Money | Monday 14 May, 2018 12:17 pm

Cisco Inspires the Next-Generation of Women at Girls Power Tech Event in Dubai

Cisco hosted its annual Girls Power Techevent at its Dubai office, where female students from GEMS, SUNMARKE, DIA and Collegiate American School in the UAE had the opportunity to interact with Cisco executives, technology professionals and other women role models and peers, and hear inspiring...

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Business & Money | Monday 14 May, 2018 12:15 pm

Nedaa signs MoU with Watani Al Emarat Foundation to promote citizenship, national belonging & community service

Professional Communication Corporation - Nedaa, the Dubai Government security networks provider, has signed a Memorandum of Understanding (MoU) with Watani Al Emarat Foundation to jointly promote national identity, community service, citizenship, and national belonging as part of their mutual...

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Business & Money | Monday 14 May, 2018 9:00 am

Sony Corporation achieves all time high operating profit of US$ 6.6 Billion for FY 2017

After two decades, Sony Corporation has registered historically high consolidated operating income of US$6.6 billion (¥734.9 billion) in fiscal year 2017, a 2.5-fold increase compared to the previous year.    The company’s consolidated sales and operating revenue was...

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Business & Money | Monday 14 May, 2018 2:34 am

Saint-Gobain’s First Multi Comfort House in the Middle East Breaks Ground at Masdar City

French multinational Saint-Gobain has broken ground on its first Multi Comfort House in the Middle East at Masdar City, Abu Dhabi’s flagship sustainable urban community.    In the presence of HE Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of Climate Change and Environment and...

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Business & Money | Sunday 13 May, 2018 2:55 pm

A strategic agreement between MBC Group and Red Sea Mall Jeddah

The MBC Group and the management of Red Sea Mall signed a strategic agreement, under which the Group will be allotted space within the mall to provide recreational activities and cover important events that take place in the mall throughout the year. The signing of this agreement is part of the...

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Business & Money | Sunday 13 May, 2018 12:09 pm

SHUAA Capital appoints Atif AlOthri as CEO of Gulf Finance Saudi Arabia

SHUAA Capitalp.s.c., the United Arab Emirates-based integrated financial services Group, today announced the appointment of Atif AlOthri as Chief Executive Officer of its fully owned Shari’ah compliant business financing arm Gulf Finance Saudi Arabia.   Atif brings...

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Business & Money | Sunday 13 May, 2018 11:26 am

Egypt Property Show Concludes with $110 M Total Sales

With heavy afflux and robust sales, Egypt property show concluded its 2018 exhibition, held at DWTC in April. The event, inaugurated by Egypt Ambassador to the UAE, H.E. Wael Gad and H.E. Sultan Butti bin Mejren, Director General of DLD, observed a sharp increase in sales, recording $110 million,...

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Business & Money | Sunday 13 May, 2018 11:25 am

ENBD REIT Announces Full Year Results for 31st March 2018

ENBD REIT (CEIC) Limited (“ENBD REIT”), the Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management Limited, has announced its audited financial results for the year ended 31st March 2018, prepared in accordance with International...

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Business & Money | Sunday 13 May, 2018 5:12 am

David Lance, General Manager Unveils Details for the Upcoming Season at Marriott Hotel & Marriott Executive Apartments Downtown Abu Dhabi

Well situated in the heart of Abu Dhabi, Marriott Downtown has emerged as a strong contender in the 5-star market with facilities and services that exceed expectations.  “Marriott Downtown Abu Dhabi saw a great start to 2018. Our occupancy percentage is well above our...

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Business & Money | Sunday 13 May, 2018 2:06 am

DAMAC Towers by Paramount nears completion while logging 25 million safe worker hours

DAMAC Properties announced that its DAMAC Towers by Paramount master development is celebrating a record 25 million safe worker hours, eight times more than the industry average of 3 million hours. The record marks almost 2,000 days of incident-free work, a testament to the importance that DAMAC...

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