Business & Money | Tuesday 1 May, 2018 11:02 am

Emaar records 37% increase in revenue to AED 5.586 billion

Emaar Properties (DFM: EMAAR)recorded revenue for the first three months of 2018 of AED 5.586 billion (US$ 1.521 billion), 37 per cent higher than Q1 2017 revenue of AED 4.072 billion (US$ 1.109 billion). This was led by significant progress achieved on projects under construction and the growth in ...

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Business & Money | Tuesday 1 May, 2018 10:59 am

4 Startups win big at the du Emirati Startup Challenge

du, from Emirates Integrated Telecommunications Company, today announced the four winners of the du Emirati Startup Challenge launched in partnership with Zayed University and co-organised by E11 Global and Step Group. The winners were chosen from 18 Emirati startups selected for the final round of ...

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Business & Money | Tuesday 1 May, 2018 2:53 am

Blockchain Visionaries, Disruptive Innovators to Take Centre-Stage at Inaugural Future Blockchain Summit

In line with the newly announced UAE Blockchain Strategy 2021 and the Dubai Blockchain Strategy 2020, the Future Blockchain Summit, officially hosted by Smart Dubai and organised by Dubai World Trade Centre (DWTC), and emerging as the world’s largest and most influential and creative...

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Business & Money | Monday 30 April, 2018 3:56 pm

Bpifrance partners with Business France to launch French Hospitality Mission 2018

From April 23rd to 25th, 2018 in Dubai Promising French Hospitality companies and corporations represented within the delegation Bilateral ties between the two countries continuously grown and strengthened via the hospitality sector Promoting French Business Opportunities in UAE’s...

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Business & Money | Monday 30 April, 2018 3:56 pm

Abdali Boulevard Company PSC awards its Facilities Management Services to EFS Facilities Services

Abdali Boulevard Company PSC, a subsidiary of Abdali Investment and Development Group and the company behind The Boulevard, has recently awarded the management of its facilities to EFS Facilities Services, a global facilities management company with a presence in over 22 countries and whose client...

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Business & Money | Monday 30 April, 2018 3:30 pm

First Pirelli Center in Saudi Arabia by United Naghi

United Yousef M. Naghi Co. Ltd., the official partner of Pirelli tires in Saudi Arabia, is preparing to open its first center in Jeddah before the beginning of Ramadan, and will be followed by five more centers after Eid Alfitr that located in Riyadh and Dammam. Performance Center, which is the...

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Business & Money | Monday 30 April, 2018 2:10 pm

DAMAC supports the International Real Estate Federation’s 69th Conference to be held for the first time in the Middle East

DAMAC Properties announced its support to the Federation Internationale des Administrateurs de Bien-Conselis Immobiliers (FIABCI) which is hosting its FIABCI 69th World Congress 2018 in Dubai from 30 April – 2 May 2018, at the Dubai World Trade Centre.  The three-day...

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Business & Money | Monday 30 April, 2018 1:56 pm

SEDCO Holding Group Signs a Partnership Agreement with Saudi British Bank

SEDCO Holding Group signed a partnership agreement with the Saudi British Bank (SABB), for its Riyali Financial Literacy Program, facilitating further reach to the Saudi community to equip them with the financial skills needed, to help meet their financial responsibilities. The agreement was signed ...

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Business & Money | Monday 30 April, 2018 1:41 pm

‘STV’ leads USD 9 million investment in Telfaz11 in Series A funding ‘VentureSouq’ contributed to the round

Telfaz11, the most influential digital media company based out of the Kingdom of Saudi Arabia, has received a USD 9 million investment from lead investor Saudi Technology Ventures (STV). VentureSouq has also joined the Series A round of funding. Widely recognized in the Arab digital...

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Business & Money | Monday 30 April, 2018 11:12 am

Emaar Development records 95% growth in revenue to 
AED 3.27 bn (US$ 890 mn)

Emaar Development PJSC (DFM: EMAARDEV), the UAE build-to-sell property development business majority-owned by Emaar Properties PJSC (DFM: EMAAR), recorded a 62 per cent growth in net profit to AED 819 million (US$ 223 million) during Q1 (January to March) 2018 compared to AED 506 million (US$ 138...

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