Business & Money | Wednesday 31 October, 2018 3:05 am

32 Saudi exhibitors to attend travel fair in London

Saudi Arabia, represented by the Saudi Commission for Tourism and National Heritage (SCTH), will take part in the World Travel Market (WTM) in London on Nov. 5-7. “Our participation is an opportunity to highlight the country’s development and the special attention it gives to the...

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Business & Money | Wednesday 31 October, 2018 3:03 am

Ericsson to deliver mission-critical communications to UN peacekeepers

The United Nations has selected Ericsson (NASDAQ: ERIC) to supply peacekeeping missions around the globe with their own LTE networks providing mission-critical communications capabilities.  Alongside the partner Danoffice IT ApS, Ericsson will lead the implementation of mission-critical LTE ...

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Business & Money | Wednesday 31 October, 2018 2:34 am

Twitter reveals data on the impact of the 280-character launch one year on

It’s been a year since Twitter introduced the 280-character limitto the platform from 140 characters, making it easier for people around the world to express themselves in a single Tweet. With a goal to continue to deliver a platform for people to connect and share news and views, the...

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Business & Money | Wednesday 31 October, 2018 2:13 am

Solidere International receives high honors at Cityscape Global 2018

Leading regional real estate developer Solidere International (SI) has been honored with 2 highly prestigious accolades at the 2018 Cityscape Global Awards for Emerging Markets ceremony, during which the real estate industry came together to celebrate excellence on 2ndOctober at the...

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Business & Money | Wednesday 31 October, 2018 2:00 am

Forever Living Products invests AED 7.5 million in UAE as part of Middle East expansion plan

Forever Living Products International, the largest grower, manufacturer and distributor of Aloe Vera products in the world, continues to infuse large capital investments into the Middle East as part of its expansion bid to secure a stronger and more solid market foothold in the regional...

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Business & Money | Tuesday 30 October, 2018 10:45 pm

FarEye Enabling Efficient Distribution and Movement of Finished Products

FarEye, a global predictive logistics platform, is eyeing the distribution logistics industry in the Middle East with its technology solution that provides real-time visibility of the goods in the supply chain. FarEye has designed an end-to-end platform to run distribution logistics and...

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Business & Money | Tuesday 30 October, 2018 4:01 pm

Line Investments & Property LLC to showcase three new mall projects at RECon MENA 2018

Line Investments & Property L.L.C (LIP), the shopping mall development and management division of Lulu Group International will highlight the progress of key projects at the annual RECon MENA convention with senior management of LIP at the convention to meet key stakeholders. Lulu Group...

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Business & Money | Tuesday 30 October, 2018 4:00 pm

Alawwal bank reports Q3 net profit of SAR 281m

Alawwal bank announced its financial results for the third quarter of 2018, reporting net income of SAR 281m, up 10.8% vs Q2 2018, attributable to higher operating income and lower total operating expenses. Total operating income for the quarter increased by 1% to SAR 886m. Net special...

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Business & Money | Tuesday 30 October, 2018 3:56 pm

Alkhabeer Capital to list SAR 1 billion Alkhabeer REIT

Alkhabeer Capital, the asset manager specialized in alternative investments, announced that it has received Capital Market Authority (CMA) approval to publicly list its Shari’ah compliant Alkhabeer REIT Fund with assets in excess of SAR 1 billion and an IPO size of SAR 237 million, equating...

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Business & Money | Tuesday 30 October, 2018 3:39 pm

Gulfhost 2018 To Feed Needs Of Fast-growing Foodservice Market And Rise In Quick-service Restaurants

GulfHost 2018, the complete hospitality equipment and sourcing expo for the Middle East, Africa and Asia, opens at Dubai World Trade Centre (DWTC) tomorrow (30 October) amid an expanding regional industry and sweeping shifts in consumer preferences as high-end hotels and mid-level options fight for ...

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