Business & Money | Wednesday 22 June, 2016 11:58 am

NBAD Sukuk Income Fund Delivers 2.57% Dividend Semi-annualised

The National Bank of Abu Dhabi’s NBAD Sukuk Income Fund has earned dividend income equivalent to USD 716,081.76 which equates to an annualized yield of 5.20% during the period from 19th November, 2015 to 9th June, 2016.   Eligible investors who had successfully subscribed to the...

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Business & Money | Wednesday 22 June, 2016 11:28 am

Mövenpick Hotel Jumeirah Lakes Towers looking for ‘Kilos of Kindness’ this Ramadan.

In an initiative that celebrates the charitable spirit of Ramadan, Mövenpick Hotel Jumeirah Lakes Towers invites the public to participate in ‘A Kilo of Kindness’. Launched by Mövenpick Hotels & Resorts, the campaign pairs generosity from the public with needs of the less...

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Business & Money | Wednesday 22 June, 2016 9:05 am

One thousand Chevrolet Sparks join Al Wefaq Rent a Car fleet

Within its ongoing quest to enhance its fleet, Al Wefaq Rent a Car successfully concluded a deal to purchase 1000 Chevrolet Spark cars from Aljomaih Automotive Company in Saudi Arabia. This deal is the largest for Chevrolet Middle East in Saudi Arabia in fleet sales.    Commenting...

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Business & Money | Wednesday 22 June, 2016 3:00 am

Aon research finds five out of six women are not saving enough for retirement

 Men and women are on equal footing when it comes to 401(k) plan participation, but research from Aon Hewitt, the global talent, retirement and health solutions business of Aon plc(NYSE:AON), shows that this equality doesn't hold true when evaluating overall retirement readiness. ...

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Business & Money | Wednesday 22 June, 2016 2:51 am

CHECKPOINT Pumps announces 20% YOY growth in rental solutions business

CHECKPOINT Pumps and Systems FZE, a leading supplier of custom pumping solutions and chemical injection systems for the oil industry announced an upward trend in the utilization of rental solutions across the region. The company has experienced an incredible 20% year-on-year growth in the take-up...

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Business & Money | Wednesday 22 June, 2016 2:49 am

Messe Frankfurt Middle East launches Materials Handling Saudi Arabia 2016

Messe Frankfurt Middle East, one of the region’s largest exhibition organisers, is expanding its regional reach with the announcement of the inaugural Materials Handling Saudi Arabia 2016.    The two-day conference and exhibition will take place from 28-29 November 2016 at the ...

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Business & Money | Tuesday 21 June, 2016 1:43 pm

Deloitte: Boardrooms aware of cyber risks, not equipped with experts

 Boardrooms’ awareness of cyber risks has been recently growing in Europe, Middle East and Africa, with cyber security ranking far up on the agendas of non-executive directors in the region, according to Deloitte’s recent report entitled “EMEA 360 Boardroom Survey:...

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Business & Money | Tuesday 21 June, 2016 12:36 pm

Yazan Abdeen of SEDCO Capital Named One of the Most Influential Fund Managers in MENA FM’s Power 50 2016 list

For the second consecutive year, MENA Fund Manager magazine’s Power 50 2016 list has recognised Yazan Abdeen, Head of MENA Liquid Assets and Lead Fund Manager at SEDCO Capital, a top Saudi asset manager, as one of the most influential fund managers in the Middle East and North...

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Business & Money | Tuesday 21 June, 2016 11:50 am

Aon boosts cyber expertise with London appointment

Aon plc (NYSE:AON), the leading global provider of risk management and human resource consulting and outsourcing, has appointed Luke Foord-Kelcey to Co-Head Aon Benfield’s Global Cyber Practice Group, reinforcing the firm’s commitment to cyber risk...

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Business & Money | Tuesday 21 June, 2016 11:41 am

TAQNIA Space, Skyware Technologies & Crescent join forces to form joint venture with KACST Saudi Arabia as the technology partner

TAQNIA Space, Skyware Technologies and Crescent have signed a joint venture agreement in Saudi Arabia with KACST as the technology partner. King Abdulaziz City for Science and Technology (KACST) is an independent Saudi scientific organisation with a long experience in research and development. With ...

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