Business & Money | Sunday 29 July, 2018 11:17 am

Nestlé reports half-year results for 2018

  •       Organic growth of 2.8%, with 2.5% real internal growth (RIG) and pricing of 0.3%.  •       Total sales increased by 2.3% to CHF 43.9 billion (6M-2017: CHF 42.9 billion). Acquisitions and...

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Business & Money | Sunday 29 July, 2018 3:55 am

Sipchem, Argaam sign MoU to amplify investor relations

SAUDI International Petrochemical Co. (Sipchem) and Saudi-based Argaam Investment Co. last Monday signed a memorandum of understanding (MoU) to enhance investor relations (IR) role and practices in the local equity market, the two companies said in a joint statement. Other initiatives are likely ...

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Business & Money | Sunday 29 July, 2018 3:35 am

Canon highlights importance of Customer Delight during Service Partners’ Forum 2018

Canon Middle East hosted the Service Partners’ Forum 2018, bringing together heads of the service function from partner organisations across the Middle East. Three directors from Canon Europe joined Canon Middle East executives to lead sessions during the forum, which took place in...

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Business & Money | Saturday 28 July, 2018 8:01 am

Henkel opens first Beauty Care Lab in the Middle East

Henkel has officially inaugurated its first Beauty Care laboratory in the Middle East. As a further milestone of Henkel’s continuous investment in the region, the new facility provides state-of-the-art technology to innovate and test Beauty Care products tailored specifically for the...

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Business & Money | Saturday 28 July, 2018 7:59 am

Emirates Islamic reinforces commitment to Emiratisation

As part of the bank's strategy to boost nationalisation efforts, Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced that it is participating in the ‘Recruitment Open Day’ programme that The Ministry of Human Resources and...

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Business & Money | Saturday 28 July, 2018 1:11 am

Tadawul Launches Investor Relations Toolkit in the Middle East

The Saudi Stock Exchange (Tadawul)today launched a comprehensive toolkit based on global best practice approaches to investor relations to promote greater transparency and assist companies listed on the Saudi Stock Exchange in enhancing the quality of their investor relations.  As the first ...

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Business & Money | Friday 27 July, 2018 4:06 am

Bahri posts 20.47% growth in second-quarter net profit

Bahri, a global leader in logistics and transportation, has reported 20.47 per cent growth in net profit at SAR 185.41 million for the quarter ended on June 30, 2018, compared to a net profit of SAR 153.91 million in the year-ago period, and an increase of 50.57 per cent as against SAR 123.14...

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Business & Money | Friday 27 July, 2018 3:32 am

Toshiba Memory Corporation Starts Construction of the First Fabrication Facility in Kitakami City, Iwate Prefecture

Toshiba Memory Corporation, the world leader in memory solutions, today held a groundbreaking ceremony for the first semiconductor fabrication facility (fab), called K1, in Kitakami, Iwate prefecture, in northeastern Japan. On its completion in autumn 2019, the facility will be one of the most...

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Business & Money | Friday 27 July, 2018 1:05 am

Dubai Judicial Institute publishes the ninth edition of its magazine

Dubai Judicial Institute (DJI) has announced the release of the ninth edition of its ‘Emirates Law, Business & Practice’ magazine, which focuses on VAT and its history, importance and implementation. The issue features a comprehensive interview about the subject with His Excellency...

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Business & Money | Thursday 26 July, 2018 3:40 pm

AlGhazali Organizes Two Exhibits in Jeddah and Makkah in Preparation for Haj Season 1439H

AlGhazali Trading Company organized its two regional exhibitions in Makkah and Jeddah in preparation for Haj season 1439H. This came after the annual company meeting for its clients and distributers. The Jeddah exhibit, which was held in AlGhazali center in Jeddah, was opened by Dr. Sami Abdullah...

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