Business & Money | Tuesday 24 July, 2018 6:04 pm

NCB Achieved SAR 5,566 Million Net Income for the First Half of 2018

The National Commercial Bank announced that its net income for the first half of 2018 reached SAR 5,566 million compared to SAR 5,120 million for the same period of the previous year, an increase of 8.7%.NCB’s net income for the second quarter reached to    SAR 2,579...

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Business & Money | Tuesday 24 July, 2018 2:33 pm

Deyaar Completes The Atria

Deyaar Development PJSC (“Deyaar”), one of Dubai’s leading property developers and real estate service providers, has announced the completion of The Atria residential tower, with the handover process now imminent. The Atria is the second project completed by Deyaar in 2018,...

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Business & Money | Tuesday 24 July, 2018 6:26 am

3D fashion show by Lexus

As usual, Lexus always fascinates the world with its inventions and creative designs, the latest of which was a 3D fashion show held in partnership with the AMD Academy for fashion and design in Germany.  The show featured an innovative collection of 3D fashions made from simple and...

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Business & Money | Tuesday 24 July, 2018 4:31 am

Riyadh ranks 30th place in UN E-Gov Survey on increasing resilience and sustainability

Saudi Arabia’s capital Riyadh ranked 30th place in the United Nations e-Government Survey on the assessment of municipal portals in 40 cities. The report published, by the UN Department of Economic and Social Affairs this month, presents a persistent positive global trend toward higher...

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Business & Money | Tuesday 24 July, 2018 2:37 am

Saudi Arabia receives bids for $500m wind farm

Saudi Arabia has received bids from four consortiums competing to win a contract for the $500 million Dumat Al Jandal project — the Kingdom’s first utility-scale wind farm. The project is due to be awarded on Dec. 18, according to a government announcement on Monday. It will be...

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Business & Money | Monday 23 July, 2018 3:33 pm

Nakheel welcomes Korean delegation for Dubai investment discussions

Master developer Nakheel today hosted the Korea Financial Investment Association (KOFIA), which is visiting Dubai to assess investment opportunities in the emirate.              The group, welcomed by Nakheel Chairman Ali...

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Business & Money | Monday 23 July, 2018 3:30 pm

US Embassy delegation visits PepsiCo’s Riyadh snack factory

A high-level delegation from the U.S. Embassy visited PepsiCo's state-of-the-art snack factory in Riyadh, highlighting the economic value of U.S. companies operating in Saudi Arabia.   The delegation, led by the Counselor for Economic Affairs, Douglas Apostol, met with the PepsiCo...

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Business & Money | Monday 23 July, 2018 3:00 pm

Azizi Developments on Course to Complete Farishta Azizi 
Project in Al Furjan

Azizi Developments, one of the leading private developers in the UAE, is set to complete Farishta Azizi, one of their five projects in Al Furjan due for completion, at the end of the year. The project is advancing at a fast pace with finishing works, mechanical and electrical installations...

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Business & Money | Monday 23 July, 2018 1:00 pm

Dubai Land Department and Cityscape sign MoU to promote Dubai’s real estate sector

Dubai Land Department (DLD) has announced a Memorandum of Understanding (MoU) with Informa Middle East, organiser of the region’s foremost real estate platform, Cityscape. The strategic agreement was signed by His Excellency Sultan Butti Bin Mejren, Director General of DLD, and Tom Rhodes,...

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Business & Money | Monday 23 July, 2018 12:49 pm

Bahrain Appoints Two Women as Director General of Two Municipalities

Bahrain's King Hamad bin Isa Al-Khalifa issued (Monday, 18, July 2018) a Royal Decree including a number of appointments with two Bahraini women as director-general of the Capital Secretariat and the Northern Municipality, namely Shawqiya Ibrahim Humaidan and Lamia ...

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