Business & Money | Friday 11 August, 2017 3:35 am

Empower connects its district cooling solutions to the prestigious development ‘The Opus’

Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, announced that it has recently connected its services to The Opus, a prestigious development located in Business Bay. Empower will offer district cooling solutions to the commercial ...

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Business & Money | Friday 11 August, 2017 3:10 am

ERICSSON joins Zain Kuwait-led utilities digital transformation project

Ericsson (NASDAQ: ERIC) has become a member of a consortium led by the operator Zain in Kuwait. The consortium will carry out a large digital transformation project for local utilities. The project will be completed by 2024 and as the sole technology partner, Ericsson will deploy a new smart...

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Business & Money | Thursday 10 August, 2017 5:30 am

The Boston Consulting Group Congratulates the First Business Analyst Program Graduates

The Boston Consulting Group (BCG) celebrated 18 graduates who recently completed its inaugural Business Analyst Program. In line with BCG’s mission to further advance the strategic, socio-economic objectives outlined in the Saudi Vision 2030, the Business Analyst Program was designed to help...

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Business & Money | Thursday 10 August, 2017 5:00 am

Third Sharjah FDI Forum to take place September 19-20

Under the patronage of His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Member of the Supreme Council Ruler of Sharjah, the third edition of the Sharjah FDI Forum is scheduled to take place on September 19-20. Organised by Sharjah Investment and Development Authority (Shurooq) and Sharjah...

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Business & Money | Thursday 10 August, 2017 3:42 am

A.M. Best Awarded International Best Ratings Agency for Takaful at the International Takaful Awards 2017

A.M. Best received the award for International Best Ratings Agency for Takaful at the International Takaful Awards 2017, held in conjunction with the 11th International Takaful Summit in London. This is the third consecutive year that A.M. Best has been awarded the International Best Ratings...

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Business & Money | Thursday 10 August, 2017 3:00 am

Abdul Latif Jameel Motors prepares for second season as part of “Keep it Maintained by Its Maker” awareness initiative

Abdul Latif Jameel Motors celebrated the completion of the first season of the animated series “Khebayyes & AbuHurayyes”, that appeared on the company’s aftersales YouTube channel, attracting a large number of eyeballs from the most important demographics of Saudi society. The ...

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Business & Money | Wednesday 9 August, 2017 12:40 pm

Saudi Arabia to allow 100% foreign ownership of engineering firms

The opening up of Saudi Arabia’s economy is proceeding apace. On Monday, the government took another step along the road to welcoming more foreign investors into the Kingdom with the approval of new measures to encourage outsiders to get involved in the engineering industry, which is expected ...

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Business & Money | Wednesday 9 August, 2017 12:29 pm

GA Telesis Announces Launch of $500 Million GAIN 2 Fund

 GA Telesis, LLC (“GA Telesis”) and Wafra Capital Partners Inc. (“WCP Inc.”) jointly announced today that GA Telesis has raised a new $500 million investment vehicle from institutional and private clients advised by WCP Inc. to establish a second aviation...

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Business & Money | Wednesday 9 August, 2017 12:00 pm

Gulf Dynamic Services targets 25% surge in sales in 2017; eyes hotels & universities in growth phase

Gulf Dynamic Services [GDS] – a subsidiary of Masharie LLC, the private equity arm of Dubai Investments PJSC and one of the leading names in turnkey interior fit-out solutions, is targeting 25% increase in sales in 2017 as demand for quality fit-out solutions increases with new projects and...

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Business & Money | Wednesday 9 August, 2017 4:58 am

Ajman Tourism Development Department Successfully Concludes the 4th Liwa Ajman Dates Festival 2017

Organised by the Ajman Tourism Development Department (ATDD) under the patronage of His Highness Sheikh Humaid Bin Rashid Al Nuaimi, Member of the Supreme Council and Ruler of Ajman, the 4th annual Liwa Ajman Dates Festival successfully concluded at the Emirates Hospitality Centre on Friday, August ...

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