Business & Money | Tuesday 16 August, 2016 7:29 am

The U.S. – Going for Gold again

It’s a marked reversal from February this year when markets fell sharply on fears of a global recession. All three major U.S. stock indices reached new records on Thursday. The Dow Jones Industrial closed at 18613, the S&P 500 at 2185 and the Nasdaq at 5228. The...

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Business & Money | Tuesday 16 August, 2016 7:02 am

Boehringer Ingelheim launches RE-VECTO global program to capture data on Praxbind® usage in clinical practice

Boehringer Ingelheim today announces its global RE-VECTO program for Praxbind® (idarucizumab), the specific reversal agent for Pradaxa® (dabigatran etexilate).1,2 Praxbind® is approved to reverse the anticoagulant effects of Pradaxa® in rare critical care...

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Business & Money | Tuesday 16 August, 2016 5:07 am

Khalid Al-Faisal Honors Mobily for its Strategic Partnership for the Hajj National Campaign

In culmination of its ongoing efforts to support of the pilgrims and visitors of the Two Holy mosques, Etihad Etisalat (Mobily) was honored by HRH Prince Khalid Al-Faisal, Adviser for the Custodian of the Two Holy Mosques, Governor of Makkah Province and Chairman of the Central Haj Committee, for...

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Business & Money | Tuesday 16 August, 2016 4:59 am

Barwa Bank announces the 10th draw winners 
of its Thara’a savings account prize

Barwa Bank, Qatar's most progressive Shari’ah compliant financial service provider, announced the names of the 10th round of draw winners for Thara’a, its Shari’ah compliant savings account, at the Bank’s headquarters. As such Mr. Khalid Mohd S Al-Kuwari, Mr. Jamal Abdu...

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Business & Money | Monday 15 August, 2016 11:04 am

Henkel delivers strong second-quarter performance

“Henkel delivered a strong business performance in the second quarter. We generated solid organic sales growth, supported by a strong development in the emerging markets and a positive development in the mature markets. We were also able to significantly increase both earnings and...

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Business & Money | Monday 15 August, 2016 11:02 am

Ensan Social Club for Orphans Comes to Life with Inspirational Color Scheme Provided by Jotun Fenomastic Kids Collection

Jotun Saudia, the leading paint manufacturer in the Kingdom, joined forces with the Charity Committee for Orphans Care (Ensan) to honor a group of the organizations outstanding students at an event held at the Ensan Social Club in Riyadh. The ceremony honoring the children took place on the...

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Business & Money | Monday 15 August, 2016 9:40 am

LogMeIn’s New, Interactive, Mobile Video Support Offering to Boost Customer Experience

LogMeIn, Inc. (NASDAQ:LOGM) recently introduced Rescue Lens to its product portfolio, a new interactive mobile video support offering based on the revolutionary namesake feature in LogMeIn’s professional remote support product, LogMeIn Rescue. Rescue Lens gives businesses a way to let...

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Business & Money | Monday 15 August, 2016 7:56 am

New Publication Highlights Qatar’s Drive to Broaden Non-Energy Sector

A new report recently produced by the global publishing, research and consultancy firm Oxford Business Group (OBG) analyses the burgeoning sectors of Qatar’s economy that are expected to act as key drivers for future growth.    The Report: Qatar 2016 considers the...

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Business & Money | Monday 15 August, 2016 4:51 am

Gulf Start to Build Lubricant Factory at King Abdullah Economic City

King Abdullah Economic City (KAEC) has signed a contract with Gulf Start Factory for Petroleum Industries, owners of the Neutron and Shield brands, to lease a 15,677-square-meter parcel of land in the Industrial Valley.    With construction set to begin later this year, the...

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Business & Money | Monday 15 August, 2016 4:01 am

Gulf International Bank Reports a First Half Profit of $41.7 Million

Gulf International Bank B.S.C. (GIB) reported consolidated net income after tax of $41.7 million for the six months ended 30th June 2016, compared to $47.3 million in the prior year period. Net income after tax in the second quarter was $31.2 million compared to $20.9 million in the prior year...

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