Business & Money | Friday 30 November, 2018 6:00 am

Efforts of the King, Crown Prince in bolstering world economy through G20 summits

The Kingdom of Saudi Arabia’s role in the Group of Twenty (G20) has strengthened its position in the global economy, thanks to its solid economic and industrial base. This role emphasizes the Kingdom’s weight and position on the global economy and its moderate and economic decisions...

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Business & Money | Friday 30 November, 2018 3:49 am

SABIC signs MoU with 6 suppliers to form global business alliances

Saudi Basic Industries Corporation (SABIC) announced on Thursday that it has signed memorandums of understanding (MoUs) with six multinational suppliers. According to a statement issued by the petrochemical giant, the suppliers include German conglomerate Siemens, Swiss technology firm ABB,...

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Business & Money | Friday 30 November, 2018 3:30 am

His Excellency Sheikh Sultan bin Tahnoon Al Nahyan Acknowledges outstanding Sanid and Takatof youth taking part in F1-2018

In the lead up to the UAE 47th National Day celebration, Emirates Foundation, the national organization set up by the Abu Dhabi Government to facilitate public-private funded initiatives for the empowerment of youth across the UAE, announced today the launch of a ‘Volunteering Awareness...

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Business & Money | Friday 30 November, 2018 2:00 am

Saudi Arabia's Olayan consortium withdraws from UK shopping mall owner bid

A consortium including Saudi Arabia’s Olayan Group has scrapped plans for a £2.9 billion bid for a UK shopping center owner. Shares in mall owner Intu collapsed on Thursday when the would be suitors, that also included Peel Group and Canadian property firm Brookfield, said that...

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Business & Money | Friday 30 November, 2018 1:33 am

CE-Ventures Acquires Significant Stake in UAE-based Logistics Firm Transcorp

CE-Ventures, the corporate venture capital arm of UAE-headquartered global conglomerate Crescent Enterprises, today announced that it has invested in Transcorp International (Transcorp), one of the UAE’s most efficient logistics and last-mile distribution service providers, acquiring a...

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Business & Money | Thursday 29 November, 2018 3:55 pm

ICONS Coffee Couture appoints Hassan Jawad as CEO to strengthen operations and continue global expansion

ICONS Coffee Couture, an international lifestyle coffee chain announced that it has appointed Hassan Jawad as its new CEO, to lead the company through its next phase of innovation and spur exponential growth. Jawad brings with him over 9 years’ experience in the Food and Beverage industry and ...

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Business & Money | Thursday 29 November, 2018 3:53 pm

Al Wahda Mall thrilled to announce launch of new outlets

  Al Wahda Mall announces launch of new fashion and lifestyle brands to offer more to its visitors at one go and is spear-headed towards being adaptive keeping customer satisfaction its main dedication. Al Wahda Mall, sprawling across 3.3 million square feet with over 350 brands...

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Business & Money | Thursday 29 November, 2018 3:50 pm

Fractal Analytics hosts an inaugural workshop to enable enterprises to leverage the power of AI to drive better decisions

Fractal analytics’ workshop - ai.dxb focused on bringing a unique combination of AI, engineering and design to solve complex business problems   Dubai, United Arab Emirates,  27 November 2018: Fractal Analytics, (www.fractalanalytics.com), a global leader in AI solutions that...

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Business & Money | Thursday 29 November, 2018 12:23 pm

SAGIA at the MENA-OECD Conference: The Kingdom's VISION 2030 has contributed to the Accelerating Pace of Reforms to Enhance Competitiveness of the Saudi Economy

His Excellency the Governor of the Saudi Arabian General Investment Authority (SAGIA), Ibrahim Al-Omar, participated in the annual meeting of the OECD Working Group for the Middle East and North Africa, which commenced on Tuesday in the Dead Sea over a period of two days amid a regional and...

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Business & Money | Thursday 29 November, 2018 11:16 am

Emirates NBD Asset Management Wins Asset Manager of the Year and Gold MENA Equity Award

Emirates NBD Asset Management has won ‘Asset Manager of the Year’ at the 2018 Global Investor Middle East Awards and ‘Gold MENA Equity Fund’ at the 2018 Fund Selector Middle East Awards. The awards were presented in recognition of the company’s position...

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