Business & Money | Sunday 18 March, 2018 12:37 pm

Dubai Investments divests 50% stake in Drive Dubai

Dubai Investments PJSC [DFM: DIC], the leading, diversified investment company listed on the Dubai Financial Market, has announced that its private equity subsidiary Masharie LLC has divested its 50% stake in Drive Dubai [Dubai International Driving Centre] – one of the leading driving...

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Business & Money | Sunday 18 March, 2018 12:27 pm

MAG Lifestyle Development will launch AED4.7 billion MAG EYE at Cityscape Abu Dhabi

MAG Lifestyle Development, the development arm of MAG Group is preparing to launch its AED4.7 billion project MAG EYE at Cityscape Abu Dhabi next month.   A fully gated townhouse and villa community situated in Meydan District Seven in Mohammed Bin Rashid City, MAG EYE will be one of...

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Business & Money | Sunday 18 March, 2018 12:20 pm

Al Salem Johnson Controls (YORK) exhibits at the Hajj Expo

The Ministry of Hajj and Umrah and related Government entities have always thrived to ensure the comfort of pilgrims during their ritual performance, through offering diversified services including air conditioning and cooling solutions, especially that Hajj and Umrah seasons and Ramadan have been...

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Business & Money | Sunday 18 March, 2018 4:00 am

1,500 jobs at Jeddah airport to be localized soon

King Abdulaziz International Airport in Jeddah will localize more than 1,500 jobs at foreign airlines and ground service companies operating at the airport, Madinah Arabic newspaper reported on Saturday. Director General of Jeddah airport Eng. Abdullah Al-Raimi called on all companies working at ...

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Business & Money | Saturday 17 March, 2018 5:16 am

Green light for new Saudi shipyard as finance deal clinched

A joint venture involving Saudi Aramco has kicked off construction work at a new shipyard on Saudi Arabia’s east coast, it was announced on Friday. Consortium member Lamprell said in a statement that the JV, International Maritime Industries (IMI), started operations after reaching...

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Business & Money | Saturday 17 March, 2018 4:01 am

EMPOWER 2018 gets underway under the theme ‘Youth and Effective Citizenship’

Education Above All (EAA) Foundation’s programme, Reach Out to Asia (ROTA), held the inauguration of “Empower Youth Conference 2018” at the Hamad Bin Khalifa University (HBKU) Student Center, today, in the presence of His Excellency the Minister of State Dr Hamad bin Abdulaziz...

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Business & Money | Friday 16 March, 2018 2:03 pm

Road map for IP reform

INTENSIFIED efforts for the creation of enforceable regulations to protect intellectual property (IP) rights is important to fast track the establishment of a knowledge-based economy. With this sublime objective in mind, Saudi authorities have adopted serious measures to create the necessary...

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Business & Money | Friday 16 March, 2018 12:52 am

fäm Properties introduces new transactional structure to balance market uncertainty

In response to investor and buyer anxiety surrounding future predictions in the real estate industry, one of the UAE’s largest real estate brokerages has introduced a new transactional structure to offer both parties peace of mind.   Putting innovation and creativity into action,...

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Business & Money | Thursday 15 March, 2018 6:20 am

Enoc Touts Careers Uae as a Driving Factor for Emiratisation Goals 

Prominent government organisation, Emirates National Oil Company (ENOC), has hailed Careers UAE as a key date in their calendar and an important platform to meet skilled Emiratis to fulfil their Nationalisation goals.   Participating for the tenth consecutive year, ENOC attributes 70 out ...

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Business & Money | Thursday 15 March, 2018 4:53 am

Sharjah for Capability Development Introduces UAE Nationals in Sharjah to ‘The Kaizen Way’

The face of business in developed and developing nations alike is transforming rapidly, to not only survive the current international socioeconomic climate, but to thrive in it with the highest degree of competitive. Change is truly becoming the only constant, and with the promotion of rapid...

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