Business & Money | Sunday 14 August, 2016 12:07 pm

A training program aiming at fostering human capacities in the Gulf GOIC is conducting a training course on the Common Industrial Regulatory Law of the GCC countries

“The Gulf Organization for Industrial Consulting” (GOIC), is organizing a training course titled “The Common Industrial Regulatory Law of the GCC countries” in the organization headquarter in Doha, from the 25th to the 27th September 2016. The objective of this training...

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Business & Money | Sunday 14 August, 2016 12:03 pm

DEMAND FOR BEST CLASS MANAGEMENT CONSULTANCY SEES MENA PRACTICE DOUBLE CAPACITY

PA Consulting Group Middle East and North Africa has doubled in size since the beginning of 2016 as it continues to grow business across the healthcare, government services and transport, travel and logistics sectors.   More than 30 members of staff have joined the innovation, technology ...

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Business & Money | Sunday 14 August, 2016 11:09 am

Viacom International Media Networks and Parque Reunidos partner to develop new Nickelodeon Branded Family Entertainment Centers

Viacom International Media Networks (VIMN) Southern & Western Europe, Middle East and Africa, a division of Viacom Inc. (NASDAQ: VIA, VIAB), and Parques Reunidos, one of the leading leisure park operators in the world, have reached an agreement to create two new themed...

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Business & Money | Sunday 14 August, 2016 11:06 am

Julphar reports first half earnings

Julphar Gulf Pharmaceutical Industries, the largest generic pharmaceutical manufacturer in Middle East and North Africa (MENA), announced sales revenue of AED 759.7 million in the first half of this year.  The company posted a gross profit of AED 465.7 million and its net profit for the...

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Business & Money | Sunday 14 August, 2016 10:21 am

Modules for first heat recovery steam generator on the way to Egypt

The modules for the first heat recovery steam generator (HRSG) for the Siemens Mega project in Egypt have begun their journey from South Korea to the Beni Suef power plant. On its arrival in mid-September, the boiler is scheduled to be installed at the plant. NEM, as part of Siemens, is delivering...

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Business & Money | Sunday 14 August, 2016 10:08 am

DAMAC Properties Dubai reports net profit of AED 1.94 billion in first half of 2016

DAMAC Properties Dubai Co. PJSC (DFM: DAMAC) (“DAMAC” or the "Company"), a leading developer of high-end property in the Middle East, today announced the financial results for the six months ending 30 June 2016.    During the first six months of 2016, DAMAC...

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Business & Money | Sunday 14 August, 2016 7:25 am

Mobil 1 expands football sponsorship to Al Ettifaq

The Arabian Petroleum Supply Company (APSCO), marketer of the world’s famous engine oil Mobil 1, announced that it has signed an agreement with the Al Ettifaq Football Club to sponsor this football team for the next five seasons. The agreement establishes that APSCO’s brand image...

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Business & Money | Sunday 14 August, 2016 6:43 am

SAMA committed to riyal’s dollar peg

Saudi Arabia is committed to keeping the riyal pegged to the US dollar and that it has “sufficient tools” to support its fixed exchange rate policy, said Ahmed Al-Kholifey, governor of Saudi Arabian Monetary Agency (SAMA), on Friday. “The governor said the organization reiterates ...

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Business & Money | Sunday 14 August, 2016 5:28 am

Govt launches campaigns for women workers’ safety

The Ministry of Labor and Social Development initiated a series of campaigns to raise awareness about safety and health among workers in industrial plants, especially those employing women. Under the program, the ministry concentrated on industrial units in Riyadh and held campaigns in several...

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Business & Money | Saturday 13 August, 2016 5:01 pm

Al Meera records QR 102.4 mn net profit and 10.6% increase in sales for H1 2016

Al Meera Consumer Goods Company (QSC) recently disclosed its semi-annual financial statements for the period ended June 30, 2016, with net profit attributable to the owners of the company amounting to QR 102.4 million.  Commenting on the company’s achievement, Al Meera stated that for ...

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