Business & Money | Wednesday 24 October, 2018 5:00 am

PIF invested in 50-60 firms via SoftBank fund

Yasir Al-Rumayyan, the head of the Public Investment Fund (PIF), said during the opening session of the Future Investment Initiative that kicked off in Riyadh on Tuesday that around 10% of the Kingdom’s sovereign fund assets are international assets while 90% were local, adding that the Fund...

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Business & Money | Wednesday 24 October, 2018 3:30 am

Imran Khan: Pakistan needs loans to overcome debt crisis

Pakistan is seeking loans from the International Monetary Fund (IMF) and friendly countries to reservice debt and shore up its economy, prime minister Imran Khan said on Tuesday at the Future Investment Initiative forum here. “What we are hoping is that we do a bit of both, get a loan from ...

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Business & Money | Wednesday 24 October, 2018 3:22 am

MSS Organizes Workshop on Strategies to Safeguard Jobs

Model Service Society (MSS), a licensed social organization by the Community Development Authority (CDA) under the Government of Dubai, conducted a workshop on the topic: “Safeguarding Your Career” at Al Bustan Residence - Qusais, Dubai.  The three-hour program was framed based...

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Business & Money | Wednesday 24 October, 2018 2:49 am

Saudi Arabia’s Jabal Omar Development Company returns to profit

The Saudi developer behind the transformation of the center of Makkah — Jabal Omar Development Company — has returned to profit in the third quarter after a string of losses over the last year. The change in fortune will be welcomed by the Tadawul-listed company as it pushes forward...

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Business & Money | Wednesday 24 October, 2018 2:33 am

Partnership among sovereign wealth funds is a ‘great opportunity’ — Dmitriev

Saudi Arabia’s Future Investment Initiative forum kicked off on Tuesday with a panel discussion on global investments and embracing technology. Moderating the panel was Saudi Arabia’s Lubna Olayan, CEO of Olayan Group, who hosted Public Investment Fund (PIF) head Yasir Al-Rumayyan,...

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Business & Money | Wednesday 24 October, 2018 12:48 am

Saudi Arabia's Crown Prince and Jordan's King Abdullah II arrive at FII 2018

Saudi Arabia's Crown Prince Mohammed bin Salman and Jordan's King Abdullah II have arrived at the Future Investment Initiative. ...

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Business & Money | Tuesday 23 October, 2018 3:18 pm

Liberty Automobiles’ ACDelco Service Centre Offers Unbeatable Deal On Oil Change

Liberty Automobiles Co., a leading UAE automotive dealer since 1976 and the authorised dealer for ACDelco, is offering an unbeatable value offer for motorists at its ACDelco Service Centre in Rashidiya, Dubai. For a limited period, from only AED85, motorists can have an engine oil change for...

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Business & Money | Tuesday 23 October, 2018 3:00 pm

Saudi HR leaders to explore macro trends in human development

Saudi Arabia’s Vision 2030 challenges HR leaders in Saudi to take progressive steps to bring about organizational changes aimed at ensuring greater business success. Ashridge Executive Education has launched a five-day transformational programme aimed at providing insights and practical...

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Business & Money | Tuesday 23 October, 2018 2:30 pm

Social Media Influencer Package from Ajman Media City Free Zone for the Growing Global Community of Bloggers

Ajman Media City Free Zone launches a comprehensive Social Media Influencer Package to further expand their service offerings for entrepreneurs and SME’s owners. Sheikh Abdul Aziz bin Humaid Al Nuaimi, Chairman of Ajman Media City Free Zone said: “The bloggers and influencers will...

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Business & Money | Tuesday 23 October, 2018 2:22 pm

Future Investment Initiative opens in Saudi Arabia

The Future Investment Initiative (FII) is a platform for “doing business for good and collaborating for the future,” the head of Saudi Arabia’s sovereign wealth fund said in his opening statement of the three-day conference. The event in Riyadh also saw a raft of deals worth...

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