Business & Money | Wednesday 22 March, 2017 12:09 am

Nakheel awards AED184.5 million construction contract for new hotel at Ibn Battuta Mall

Dubai master developer Nakheel today awarded a construction contract worth AED184.5 million for a second hotel at Ibn Battuta Mall.  Dubai-based Parkway International Contracting LLC has been appointed to build the 375-room hotel, which has a total project value of AED240 million. It forms...

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Business & Money | Wednesday 22 March, 2017 12:00 am

Huawei Saudi Arabia: We are keen to fully support in achieving the Kingdom’s Vision 2030

The Saudi Arabia's Vision for 2030 is centered on innovation and advanced technologies that empower Saudi citizens and develop their competencies and capabilities in various sectors. Huawei is one of the key tech firms investing in the Kingdom, and supporting its efforts to build a new...

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Business & Money | Tuesday 21 March, 2017 7:00 pm

Mastercard launches Decision Intelligence in Middle East and Africa at Global Risk Leadership Forum 2017

Mastercard, a leading technology company in the global payments industry, today launched Decision Intelligence, a comprehensive decision and fraud detection service, in the Middle East and Africa region. The solution uses Artificial Intelligence (AI) technology to help financial institutions...

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Business & Money | Tuesday 21 March, 2017 2:33 pm

On the sidelines of the first Gulf Statistical Forum.. Alharbi: The data revolution must be used to enhance the statistics sector

Based on its belief in the importance of the fruitful cooperation between the public and private sectors in the field of statistics,and on the ground of its concern with the advanced statistical methods and its role in updating the databases fifteen years ago , Eye of Riyadh participated in the...

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Business & Money | Tuesday 21 March, 2017 10:17 am

VALUE OF NEW BUILDS ACROSS THE GCC BULLDOZES THROUGH US$1TRILLION MARK

The value of ongoing urban construction projects across the GCC has smashed the US$1trillion mark – prompting the UAE’s leading dedicated stone show to gather one of the strongest pools of marble, granite and tile suppliers to have ever exhibited together. Now in its third year,...

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Business & Money | Tuesday 21 March, 2017 5:33 am

Trend Micro Celebrates One Year Anniversary of TippingPoint Acquisition; Announces Major Milestones Achieved in First Year of Integration

This March marks one year since Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity solutions, closed the acquisition of TippingPoint from Hewlett Packard Enterprise. In the first year of integration, Trend Micro committed not only to solid execution and seamless...

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Business & Money | Tuesday 21 March, 2017 5:19 am

ALKHABEER CAPITAL RECORDS 6 PERCENT INCREASE IN NET INCOME

Alkhabeer Capital, a leading asset manager specializing in alternative investments, announced today its financial results for the fiscal year ended December 31, 2016, which mark the Company’s seventh consecutive year of record financial performance. Total operating income increased by 16...

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Business & Money | Tuesday 21 March, 2017 4:23 am

Kuwait Financial Centre will adopt cloud based, mobile solutions for investment and asset management operations

Kuwait Financial Centre “Markaz” will utilise Yardi Voyager® 7S, the browser-agnostic and mobile-enabled Software as a Service platform along with Yardi’s Orion Business Intelligence. “Implementing the right solution was extremely important to our...

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Business & Money | Monday 20 March, 2017 5:51 pm

Camille Saade appointed new General Manager of Villa Rotana Dubai

Rotana Hotels is pleased to announce the appointment of Camille Saade as General Manager of Villa Rotana Dubai. A Lebanese national with more than 30 years of vast experience in the field of hospitality. Saade is not new with Rotana as he was previously the hotel manager of Rihab Rotana. Saade...

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Business & Money | Monday 20 March, 2017 6:00 am

ITFC AND ATTIJARIWAFA BANK (AWB) TO STRENGTHEN  PARTNERSHIP BY SIGNING A LETTER OF INTENT  FOR SUPPORTING TRADE BETWEEN ARAB AND AFRICAN COUNTRIES

The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IDB) Group and Attijariwafa Bank Group (AWB) sign a cooperation framework to support trade development between Arab and African countries. The signing took place at the occasion of of the 5th...

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