Business & Money | Thursday 2 February, 2017 10:00 am

Hybrid Toyota Prius Car Won at 10th World Future Energy Summit

Reed Exhibitions, organisers of the annual World Future Energy Summit (WFES), the flagship event of the recently-concluded Abu Dhabi Sustainability Week (ADSW) hosted by Masdar, have today awarded one lucky WFES 2017 attendee with a brand-new, hybrid Toyota Prius vehicle   Powered by an...

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Business & Money | Thursday 2 February, 2017 7:26 am

GE’s Power Plant on Wheels Brings Much-Needed Electricity to Recovering Yemen

GE (NYSE: GE) signed an agreement with Calik Enerji to support Yemen’s electricity infrastructure by supplying two units of its advanced TM2500 aeroderivative gas turbine generators. The units will generate up to 60 megawatts (MW) of electricity, helping to provide power quickly to meet the...

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Business & Money | Thursday 2 February, 2017 7:07 am

Four Top GCC Companies Highlight Flexible Policies, Awareness as Key to Diversity in the Workplace

Changing perceptions of women in leadership roles, acquiring and retaining local female talent, and overcoming practical challenges in terms of logistics and infrastructure are key issues that employers in the GCC face. These are the findings of a report conducted by The Pearl Initiative, a...

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Business & Money | Thursday 2 February, 2017 3:27 am

Design Days Dubai Announces 2017 Edition

Returning for its sixth edition in a new location at Dubai Design District (d3) with the largest number of exhibitors to date (50), Design Days Dubai is the Middle East and South Asia’s only annual fair dedicated to collectible modern and contemporary design...

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Business & Money | Thursday 2 February, 2017 1:08 am

Saudi Construction Market to Double to Over SAR 360 Billion by 2025

Advanced construction technology will be vital for delivering Saudi Vision 2030 mega-projects on time and on budget, experts announced today ahead of The Big 5 Saudi Arabia.   The Kingdom’s construction market is set to more than double, reaching a record high of SAR 362 billion in ...

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Business & Money | Thursday 2 February, 2017 12:38 am

Kingdom, Japan to step up economic cooperation

Saudi Arabia and Japan have agreed to exchange information and technical expertise to promote new areas of economic and investment cooperation between the two countries. Representatives of the Japan Cooperation Center for the Middle East (JCCME) and key officials of the Council of Saudi Chambers...

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Business & Money | Thursday 2 February, 2017 12:29 am

Investment scope in the Kingdom is broad and limitless: Al-Qassabi

Majid Al-Qassabi, minister of Commerce and Investment, told the members of the visiting Joint Bosnian-Serb delegation here on Monday that the investment scope in the Kingdom is broad. The minister was addressing members of the visiting delegation at the ministry’s headquarters. The first...

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Business & Money | Wednesday 1 February, 2017 5:52 pm

IDE announces exciting activities and various economic sectors oriented events

IDE, the global leading procurement firm, has announced a promising agenda for 2017, scheduling 8 summits in the hospitality, real estate, education and healthcare sectors across India, Africa, Middle East and Europe. IDE has indeed organised 11 big events during the previous year with a total...

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Business & Money | Wednesday 1 February, 2017 1:31 pm

Nakheel declares highest annual net profit in its history at AED4.96 billion in 2016

Nakheel today announced its highest annual net profits in the company’s history: AED4.96 billion in 2016 – a 13 per cent increase on the 2015 net profit of AED4.38 billion. Nakheel generated a net profit of AED955 million for the last quarter of 2016 – up 22 per cent on the...

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Business & Money | Wednesday 1 February, 2017 12:43 pm

The Company for Cooperative Insurance (Tawuniya) was honored as the most innovative insurance company of 2016

At an event held in Dubai on January 26, 2017 by the International Finance Magazine (IFM), the leading source of information, analysis and insights for the global finance community. The IFM event was attended by government officials, CEOs and top executives from both the public and private sectors...

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