Business & Money | Monday 30 April, 2018 1:56 pm

SEDCO Holding Group Signs a Partnership Agreement with Saudi British Bank

SEDCO Holding Group signed a partnership agreement with the Saudi British Bank (SABB), for its Riyali Financial Literacy Program, facilitating further reach to the Saudi community to equip them with the financial skills needed, to help meet their financial responsibilities. The agreement was signed ...

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Business & Money | Monday 30 April, 2018 1:41 pm

‘STV’ leads USD 9 million investment in Telfaz11 in Series A funding ‘VentureSouq’ contributed to the round

Telfaz11, the most influential digital media company based out of the Kingdom of Saudi Arabia, has received a USD 9 million investment from lead investor Saudi Technology Ventures (STV). VentureSouq has also joined the Series A round of funding. Widely recognized in the Arab digital...

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Business & Money | Monday 30 April, 2018 11:12 am

Emaar Development records 95% growth in revenue to 
AED 3.27 bn (US$ 890 mn)

Emaar Development PJSC (DFM: EMAARDEV), the UAE build-to-sell property development business majority-owned by Emaar Properties PJSC (DFM: EMAAR), recorded a 62 per cent growth in net profit to AED 819 million (US$ 223 million) during Q1 (January to March) 2018 compared to AED 506 million (US$ 138...

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Business & Money | Monday 30 April, 2018 3:37 am

Mideast’s largest economic forum aims to attract investors at all levels

More than 59 local and international speakers will share their expertise at the first Makkah Region Economic Forum (MREF), the largest economic forum in the Middle East, which will be held at the Ritz-Carlton Hotel on May 6-7. Dr. Hesham Al-Faleh, head of the forum’s executive committee,...

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Business & Money | Monday 30 April, 2018 3:34 am

Drill bit manufacturer sets standards in Saudization

For more than 80 years, Baker Hughes, a General Electric Co., has played a key role in the Kingdom’s oil and gas supply chain ecosystem. It celebrated a new milestone in Saudi Arabia when its drill bit manufacturing plant in Dhahran produced more than 10,000 drill bits since the plant first...

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Business & Money | Monday 30 April, 2018 1:23 am

Najm wins international award for innovation within financial services sector

Majid Al Futtaim Finance, the financial arm of Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, under the Najm brand, announced today that it has won an international award for technological innovation within the financial ...

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Business & Money | Sunday 29 April, 2018 3:27 pm

AETOSWire Launches the First Online PressKit Service in the MENA Region

 AETOSWire, the news distribution arm of News Services Group (NSG) and the exclusive representative of Business Wire, a Berkshire Hathaway company, in the Middle East and North Africa, launches the newest feature in its service, the Online PressKit.   The Online PressKit is an...

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Business & Money | Sunday 29 April, 2018 12:06 pm

A.A. Al Moosa Enterprises welcomes UAE’s key VIPs and dignitaries to its stand at ATM

The A.A. Al Moosa pavilion welcomed the visit of His Highness Sheikh Humaid Bin Ammar Al Nuaimi of Ajman who was received by Mr. Abdullah Ahmed Al Moosa, founder and owner of A.A. Al Moosa Enterprises, and expressed his fascination by the portfolio and history of the company, and the iconis three...

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Business & Money | Sunday 29 April, 2018 11:39 am

French Innovation and Technology to be showcased once again at Airport Show Dubai 2018

From May 7 to  9 2018 at DWTC Participation of SMEs focused on ground support equipment, lighting, ticketing and passenger information systems Presence of big companies such as ADPI, VINCI, THALES Business France is organising the French Pavilion at Airport Show Dubai from the 7th ...

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Business & Money | Sunday 29 April, 2018 11:29 am

MAG LD completes six-month agreement with Gulf Sotheby

MAG Lifestyle Development (MAG LD), the property development arm of MAG Group, has announced the completion of its six-month agreement with Gulf Sotheby's. The limited-time agreement saw Gulf Sotheby’s handling MAG LD’s sales and marketing departments. Talal Moafaq Al Gaddah,...

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