Business & Money | Thursday 15 February, 2018 3:03 pm

NEZO launches new brand identity and aims to increase market share of retail salt in Middle East countries

NEZO, a leading retail salt brand of AkzoNobel Specialty Chemicals, has unveiled a new brand identity and further plans for growth in the Middle East. Khadija Nadi, Global Sales Manager for AkzoNobel Salt Specialties, says: “With 100 years of craftmanship and love for salt, NEZO gets a...

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Business & Money | Thursday 15 February, 2018 12:57 pm

Red Sea Mall Launches Career Fair to Help Saudize the Mall and Retail Sector

In line with Saudi Arabia's 2030 Vision and the National Transformation Program 2020, Red Sea Mall, in support and cooperation with the Makkah branch of the Ministry of Labor and Social Development (MOLSD) and the Human Resources Development Fund (HRDF) (Hadaf), launched “How to be a...

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Business & Money | Thursday 15 February, 2018 7:35 am

DAMAC Properties deliveries surpass 20,000 unit milestone as it reports net profit of AED 2.8 billion and booked sales of AED 7.5 billion for FY 2017

DAMAC Properties Dubai Co. PJSC (DFM: DAMAC) (“DAMAC” or the "Company"), announced financial results for year ended 2017, reporting total revenue of AED 7.5 billion, a 4 % increase over last year and net profit of AED 2.8 billion.   DAMAC also announced it has...

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Business & Money | Thursday 15 February, 2018 7:24 am

Iwam Returns to Ras Al Khaimah - Participant and Speaker Numbers Grow

Some of the world’s elite scientists will be celebrating in Ras Al Khaimah next week as the 10th annual International Workshop for Advanced Materials (IWAM) takes place in the Emirate. IWAM is organised and sponsored by the Ras Al Khaimah Centre for Advanced Materials (RAK-CAM), and has been...

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Business & Money | Wednesday 14 February, 2018 1:00 pm

Sheikh Ahmed: Iia International Conference in Dubai Will Help Make Uae One of the Smartest Economies in the World

Dubai will play host to the world’s largest gathering of internal auditors when the International Conference of the Institute of Internal Auditors (IIA) takes place in the city in May 2018, under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime ...

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Business & Money | Wednesday 14 February, 2018 11:30 am

InoChem Signs a SAR 900 Million Loan Agreement with Saudi Industrial Development Fund (SIDF)

Khair Inorganic Chemical Industries Company (“InoChem”) has signed a SAR 900 million loan agreement with the Saudi Industrial Development Fund (SIDF) to establish an industrial complex in Ras Al Khair Industrial City in the Eastern region to produce the inorganic products soda ash and...

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Business & Money | Wednesday 14 February, 2018 3:38 am

Emaar Development records 30% growth in net profit and 25% growth in sales to AED 18.03 billion in 2017

Emaar Development PJSC (DFM: EMAARDEV), the UAE build-to-sell property development business majority-owned by Emaar Properties PJSC (DFM: EMAAR) recorded a growth in net profit during full-year (January to December) 2017 by 30 per cent to AED 2.74 billion (US$ 747 million), compared to the net...

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Business & Money | Wednesday 14 February, 2018 3:18 am

Industry leaders gather at Visa summit to discuss unlocking region’s eCommerce potential

World’s leader in digital payments, Visa (NYSE:V), has hosted its inaugural eCommerce Summit for Middle East and North Africa (MENA), which brought together leaders in the eCommerce sector to discuss innovations, trends, opportunities, and challenges that are shaping the region’s...

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Business & Money | Wednesday 14 February, 2018 12:41 am

Eastern Province emir launches development project in Awamiya

Prince Saud Bin Naif, emir of the Eastern Province, on Tuesday laid the foundation stone to develop the central area of Awamiya governorate in Qatif. Speaking on the occasion, Prince Saud said that the massive project reflects the keenness of Custodian of the Two Holy Mosques King Salman to see...

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Business & Money | Tuesday 13 February, 2018 4:03 pm

Voting for Superbrands 2018 has commenced

Superbrands, the independent authority and arbiter of branding, announced that the voting process to choose the brands in the UAE which will be recognised and honoured as a Superbrand 2018 has commenced. This year Superbrands has decided to segregate brands as Consumer Superbrands (the UAE’s...

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