Business & Money | Tuesday 17 April, 2018 5:13 pm

King Abdullah Port Wins Recognition Award for Most Advanced Ports

King Abdullah Port has concluded its participation in the Global Infrastructure Congress by winning the Recognition Award for most advanced ports. The award was presented during the closing ceremony of the conference, which was recently held at the Grant Hyatt Dubai hotel under the patronage of HE...

More Details

Business & Money | Tuesday 17 April, 2018 12:13 pm

12th edition of Cityscape Abu Dhabi officially opened today

The 12thedition of Cityscape Abu Dhabi officially kicked off today, opening the doors to organisations keen to tap into an unrivalled audience of real estate investors from around the world, and many of the big names in the regional property industry.   Leading local and international...

More Details

Business & Money | Tuesday 17 April, 2018 11:17 am

Saudi Arabia Granted 664 Patents in 2017; Double of All Arab Countries Combined

Saudi Arabia has ranked 23rdamong 92 countries in terms of patents granted by the United States Patent and Trademark Office (USPTO) in 2017. The vast majority of these patented inventions are scientific.   According to StatNano, which publishes at the beginning of each year a report on...

More Details

Business & Money | Tuesday 17 April, 2018 11:11 am

Foreign investment "first" in Saudi Arabia: Allianz Group acquires stake in Saudi-listed company

Leading global law firm Baker McKenzie has acted for Allianz Group on its acquisition of an additional interest in the share capital of Saudi-listed company Allianz Saudi Fransi Cooperative Insurance Company (AzSF), a provider of insurance products for corporate and individual clients, from Saudi...

More Details

Business & Money | Tuesday 17 April, 2018 2:41 am

Blue Star signs up with Sands International and its local partner (SRC) for distribution of its Unitary AC&R Products in the (KSA)

Air conditioning and commercial refrigeration major, Blue Star Limited’s wholly owned subsidiary in Dubai, Blue Star International FZCO, has announced its partnership with Sands International as the official distributor in the Kingdom of Saudi Arabia (KSA) for its Unitary Products...

More Details

Business & Money | Monday 16 April, 2018 2:37 pm

Emirates NBD expands operations in KSA

Emirates NBD, a leading banking group in the region, has expanded operations in the Kingdom of Saudi Arabia (KSA).The bank recently inaugurated its first branch in Jeddah and announced plans to soon open a branch in Khobar and a second branch in Riyadh, making KSA Emirates NBD’s largest...

More Details

Business & Money | Monday 16 April, 2018 2:04 pm

Union Cement Company Shareholders approve conversion in to Private Joint Stock Company

Union Cement Company, currently listed on the Abu Dhabi Securities Exchange (ADX) plans to de-list its shares from the stock exchange and convert company into Private Joint Stock Company. At Company's General Assembly held on 25 March 2018, shareholders of UCC resolved to de-list the Company...

More Details

Business & Money | Monday 16 April, 2018 1:31 pm

YORK showcases Smart Control Units and latest Energy Efficient Cooling Solutions

  Al Salem Johnson Controls (YORK), a leading provider of HVAC, fire and security systems, building management systems, controls systems and aftermarket services, participated in the Hotel Show, hosted by the Jeddah Center for Forums and Events from the 10th till the 12th of April 2018. As...

More Details

Business & Money | Monday 16 April, 2018 1:15 pm

51,062 Jobs Were Announced on Bayt.com During the First Quarter of 2018

Between January and March of 2018, over 51,000 new job opportunities were announced on Bayt.com – the Middle East’s largest job site – indicating a positive state for the region’s job market. In fact, a 58% increase in job announcements on Bayt.com has been recorded in...

More Details

Business & Money | Monday 16 April, 2018 12:54 pm

MAG Lifestyle Development to participate in Cityscape Abu Dhabi

MAG Lifestyle Development (MAG LD), the property development arm of the MAG Group, has announced that it will participate at Cityscape Abu Dhabi from 17thto 19thApril 2018 at Abu Dhabi National Exhibition Centre in the UAE capital. During the event, MAG LD will officially launch sales at its MAG...

More Details