Business & Money | Wednesday 9 May, 2018 12:20 pm

Danube hypermarket opens 40th flagship store in Jeddah

The BinDawood Group celebrated the opening of its 40th Danube hypermarket store in the Safa district of Jeddah on Thursday with a grand opening ceremony attended by over 10,000 visitors and customers. The ribbon-cutting ceremony of the flagship state-of the art store was also attended by...

More Details

Business & Money | Wednesday 9 May, 2018 12:04 pm

Bahri celebrates another key milestone with the delivery of its 46th VLCC, ‘Amad’

Celebrating the addition of its 46thVery Large Crude-oil Carrier (VLCC), Bahri, a global leader in logistics and transportation, today welcomed ‘Amad,’ from South Korea-based Hyundai Samho Heavy Industries (HSHI), the...

More Details

Business & Money | Wednesday 9 May, 2018 11:48 am

Cisco Among Top 10 Best Places to Work in the UAE

Cisco has been ranked among the top 10 best places to work in the UAE, by Great Place to Work®(GPTW), a global research, training and consultancy firm that identifies the best workplaces in over 50 countries worldwide.   The top 25 companies were awarded at the GPTW annual event,...

More Details

Business & Money | Wednesday 9 May, 2018 5:00 am

SACS Boysen Aerospace Group Opens New Regional Headquarters in Abu Dhabi Airports Free Zone

Abu Dhabi Airports Free Zone (ADAFZ) announced the joining of SACS Boysen Aerospace Group, the German aerospace company, to its network of tenants at its Business Park at Abu Dhabi International Airport, marking SACS Boysen’s launch of its first sales and technical support office within the...

More Details

Business & Money | Wednesday 9 May, 2018 4:34 am

Alawwal bank reports Q1 net profit of SAR 286m

Alawwal bank announced its financial results for the first three months of 2018, reporting a net profit of SAR 286 million. Excluding one-off gain on asset sales of SAR 25m in the previous year, net profit was lower by 4.4% year-on-year. The bank’s total capital continued to strengthen,...

More Details

Business & Money | Wednesday 9 May, 2018 3:28 am

Makkah forum takes steps to engage private sector in region’s development

The Makkah Economic Forum (MEF) has lined up a series of highly engaging activities spread across the entire year to involve the private sector as an active partner in the region’s development programs and help realize the objectives of Saudi Vision 2030.  The comprehensive...

More Details

Business & Money | Tuesday 8 May, 2018 4:45 pm

Her Excellency Hessa Buhumaid inaugurates ‘Designs of Hope’ exhibition at Dubai Ladies Club

Dubai Ladies Club has officially launched its fifth and largest annual charity exhibition, Designs of Hope, which will conclude on May 7. The proceeds of the event, which is taking place as a bridal edition this year, will be dedicated to the Al Manal Humanitarian Initiative’s...

More Details

Business & Money | Tuesday 8 May, 2018 3:39 pm

Young Arabs express great hopes for Saudi Crown Prince’s leadership and reforms in a region they see as having drifted off course

In a region they view as having drifted off course over the past decade, young Arabs say action on jobs, education, fighting terrorism and corruption is needed to steer the region in the right direction. Arab youth overwhelmingly support the reforms Saudi Arabia’s Crown Prince Mohammed Bin...

More Details

Business & Money | Tuesday 8 May, 2018 2:11 pm

P&O MARINAS PARTNERS WITH MONACO FOR PROJECTS IN MEDITERRANEAN AND WORLDWIDE

DP World Group subsidiary, P&O Marinas has announced an agreement with Monaco government owned Société Monegasque International Portuaire (SMIP) to work on selected marina projects in the Mediterranean and other locations around the world. A Memorandum of Understanding (MoU)...

More Details

Business & Money | Tuesday 8 May, 2018 2:00 pm

SHUAA Capital and Jabal Omar Development Company sign Memorandum

SHUAA Capital psc. the UAE based integrated financial services Group, and Jabal Omar Development Company (JODC), one of the largest publicly-listed real estate companies in Saudi Arabia today announced the signing of a Memorandum of Understanding (MoU) with an aim to launch and manage real estate...

More Details