Business & Money | Saturday 20 October, 2018 1:23 am

Dubai Offers Highest Potential Price Growth on Residential Property for Investors Worldwide

The competitive price of premium residential real estate in Dubai is underpinned by the huge potential for growth by the city - which means stronger appreciation and return on investment - as Dubai continues to record sustained growth led by its firm economic fundamentals. In ...

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Business & Money | Friday 19 October, 2018 5:11 am

Moody’s raises GDP growth forecasts for Saudi Arabian economy

Moody’s has raised Saudi Arabia’s GDP growth forecast for 2018 to 2.5 percent from 1.3 percent as it maintains a “stable outlook” for the Saudi economy. The ratings agency also increased its 2019 GDP forecast to 2.7 percent, well above the 1.5 percent previously predicted,...

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Business & Money | Friday 19 October, 2018 3:14 am

Designing Saudi Arabia: Tasmeem Fair takes visitors on a journey of self-discovery, and celebrates Islamic art and architecture

As part of the Kingdom’s new embrace of art and architecture under Vision 2030 the Tasmeem Fair, organized by the Saudi Art Council, is helping to reintroduce the role of local designers and architects into Saudi society. Under the patronage of Princess Jawaher bint Majid bin Abdulaziz...

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Business & Money | Friday 19 October, 2018 12:37 am

Emaar Development General Meeting approves AED 1.04 billion (US$ 283.15 million) special cash dividend for shareholders

The General Meeting of Emaar Development (DFM: EMAARDEV), the UAE build-to-sell property development business majority-owned by Emaar Properties PJSC (DFM: EMAAR), approved the distribution of AED 1.04 billion (US$ 283.15 million), representing 26 per cent of the share capital being 26 fils per...

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Business & Money | Thursday 18 October, 2018 12:00 pm

King Abdullah Port Key Participant in Uae Maritime Week

King Abdullah Port has announced its participation as a sponsor and speaker at the UAE Maritime Week, the Middle East’s first comprehensive maritime event. The port’s participation comes in an effort to capitalize on the major opportunities offered by this strategic platform for...

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Business & Money | Thursday 18 October, 2018 10:45 am

ENOC and Microsoft team up to pilot AI-powered Service Station of the Future

ENOC Group (Emirates National Oil Company)  announced a new partnership today with Microsoft to design and develop the Service Station of the Future. The Memorandum of Understanding was signed by Zaid Alqufaidi, Managing Director, ENOC Retail and Sayed Hashish, Regional General Manager,...

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Business & Money | Thursday 18 October, 2018 5:00 am

Saudi Arabia highlights the importance of the implementation of the UN Vision 2030

Saudi Arabia’s permanent delegation to the United Nations said that the Kingdom puts great importance to the implementation of the UN Vision 2030’s goals encompassing the economic, social and environmental fronts. This was stated in the speech delivered by the First Secretary Bandar...

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Business & Money | Wednesday 17 October, 2018 3:07 pm

Dubai Customs partners with HTC Vive and VRMADA to deliver world’s first Virtual Reality training programme for the customs industry

As Virtual Reality becomes more embedded in the business and the public sector, HTC Vive™—the global leader in Virtual Reality (VR) innovation and design—collaborates with VRMADA to deploy a one-of-a-kind virtual reality training programme for Dubai Customs to train ...

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Business & Money | Wednesday 17 October, 2018 2:11 pm

Ghassan Aboud Group Appointed as Hindustan Petroleum Distributor

UAE headquartered multi-business conglomerate Ghassan Aboud Group was appointed as a Distributor for export markets by Indian public sector petroleum giant Hindustan Petroleum Corporation Limited (HPCL) through its 100% subsidiary in the UAE, HPCL Middle East FZCO.  HPCL is a Global Fortune ...

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Business & Money | Wednesday 17 October, 2018 12:37 pm

SEDCO Holding welcomes the fourth wave of SEDCO Group Stars under its strategy to prepare future leaders

SEDCO Holding Group has welcomed the fourth wave of SEDCO Group Stars under its strategy to identify high potential employees and fast track them to leadership roles in companies across the Group. A total of 15 Stars have been enrolled in the upcoming wave IV of the program nominated from...

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