Business & Money | Thursday 18 August, 2016 4:04 pm

Volume of periodic payment orders remains low, according to Aon UK motor insurance study

Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc (NYSE:AON), today announces the findings of its latest study of large losses in the UK motor insurance industry, based on claims data representing 75% of the total market. The analysis, which examined more than 550...

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Business & Money | Thursday 18 August, 2016 2:46 pm

Deloitte Middle East Point of View: Virtual Reality boom rising in MENA

The Virtual Reality (VR) market in the Middle East and North Africa (MENA) region is expected to grow at a rapid rate according to Deloitte. Factors driving the MENA VR technology growth are among the topics discussed in the summer 2016 issue of Deloitte’s quarterly publication, the...

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Business & Money | Thursday 18 August, 2016 10:21 am

Shell Launches Inaugural Make The Future Singapore campaign: A Festival of Ideas and Innovation

In 2017, Singapore will play host to the inaugural edition of Shell’s Make the Future festival, featuring Shell Eco-marathon Asia at which students from across the UAE will participate with their Made in the UAE fuel-efficient cars. This four-day, free-of-charge public festival takes place at ...

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Business & Money | Thursday 18 August, 2016 10:16 am

US$400 Billion Worth of Construction Projects Ongoing in Dubai

Dubai’s construction industry knows no standstill.  According to BNC’s “Dubai Construction Market 2016” report commissioned by The Big 5, the largest construction industry event in the Middle East, over 3,700 projects are currently ongoing across the Emirate. Their...

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Business & Money | Thursday 18 August, 2016 9:24 am

Chevron Al Khalij Introduces “Caltex Delo” to protect diesel fuel environments

Chevron Al Khalij today announced the launch of its latest premium diesel engine oil - Caltex Delo 400 MGX SAE 15W-40.  The revolutionary formulation constitutes a higher specification, and is specially designed to meet the GCC and Middle East market requirements. This improved formulation...

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Business & Money | Thursday 18 August, 2016 8:29 am

Gold glory for Saudi Arabia

With nearly 333 tons of gold reserves, the Kingdom ranks 16th globally and first among Arab countries. The US ranks first in the world in terms of gold reserves. This has been revealed by the 2016 Gold Demand Trends (Q2) report issued by the World Gold Council. Demand for gold increased by 15...

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Business & Money | Thursday 18 August, 2016 6:00 am

Nexen Tire Signs Official Tire Partnership with Manchester City Football Club

Nexen Tire, a leading global tire and tube manufacturer, has become an Official Partner of Manchester City Football Club (FC), one of the English Premier League’s strongest teams, as a part of the company’s sports marketing plan. On August 6 (local time), Nexen Tire held a signing...

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Business & Money | Thursday 18 August, 2016 3:44 am

Saudi officials, business leaders gather in LA to promote partnership

Saudi Arabia is actively seeking partnerships with foreign firms to raise the competitiveness and productivity across an array of industries, including downstream petrochemicals, mining and mineral resources, and local manufacturing. The Kingdom's ambitious plans were detailed in the recently...

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Business & Money | Wednesday 17 August, 2016 3:29 pm

Al Meera one of five Qatari firms in the GCC’s 30 most valuable non-banking companies

Reflecting the success of its growth strategy and sustained profitability over its decade-long history, Al Meera Consumer Goods Company (QSC) has been named as one of five Qatari firms in Marmore Mena Intelligence’s ‘30 most valuable non-banking companies in the GCC’...

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Business & Money | Wednesday 17 August, 2016 3:26 pm

Doha Bank Kochi– Kerala Branch inauguration by Hon’ble Chief Minister of Kerala

Doha Bank is set to inaugurate the state of the art branch in Kochi, the only branch of a GCC based bank in India. Kochi branch will be located in the LULU International shopping Mall at Edapally.  The branch will be inaugurated by H.E. Mr. Pinarayi Vijayan, the Hon’ble Chief Minister of ...

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