Business & Money | Tuesday 1 March, 2016 1:33 pm

Sabic Broadens Composites Portfolio With Addition of Fiber-reinforced Thermoplastic Tapes

SABIC - one of the world’s leading petrochemical companies - has expanded its growing portfolio of innovative material solutions with the recent investment in a majority stake in Fibre Reinforced Thermoplastics B.V., with manufacturing operations in Lelystad, The...

More Details

Business & Money | Tuesday 1 March, 2016 9:44 am

Flemming Dalgaard Appointed CEO of Gulftainer

Gulftainer, the world’s largest privately-owned, independent port operator based in the UAE has announced the appointment of Flemming Dalgaard as the new Chief Executive Officer of the Group. Former CEO Peter Richards will now serve on Gulftainer’s Executive Board and lead the expansion ...

More Details

Business & Money | Tuesday 1 March, 2016 7:01 am

Makkah emir to open Jeddah Economic Forum today

Prince Khaled Al-Faisal, emir of Makkah and adviser to Custodian of the Two Holy Mosques, will inaugurate the Jeddah Economic Forum 2016 (JEF) at Jeddah Hilton on Tuesday. More than 80 high-profile Saudi and international economic experts and business leaders will attend the three-day event with ...

More Details

Business & Money | Tuesday 1 March, 2016 6:51 am

Shoura okays National Strategy for Housing

The Shoura Council on Monday approved the National Strategy for Housing that outlines the mechanism to make housing available for people with special needs, widows, orphans and divorcees who do not have the support of their families. The session was chaired by the Council President Sheikh...

More Details

Business & Money | Tuesday 1 March, 2016 4:24 am

Souq.com raises more than AED 1 Billion

Souq.com, the Middle East’s largest online retail and marketplace platform, announced today that it has completed a funding round of more than                                  AED 1 Billion (USD 275 million), ...

More Details

Business & Money | Monday 29 February, 2016 1:00 pm

ENOC to raise bar on ethics & compliance governance through Thomson Reuters partnership

Emirates National Oil Company (ENOC) has signed an agreement with Thomson Reuters to develop an eLearning suite training programme on ethics and compliance for its staff to strengthen their ability to engage with real-life scenarios of ethical best practices within the highly regulated oil &...

More Details

Business & Money | Monday 29 February, 2016 12:04 pm

Mazola networks with partners, distributors; showcases expertise & leadership at Gulfood

Mazola, one of the pioneers of healthy and quality food products across the Gulf, held a special gala dinner for their partners and distributors at The Palace Hotel in Dubai. The dinner coincided with the Companies participation at Gulfood 2016 – the world’s largest annual food and...

More Details

Business & Money | Monday 29 February, 2016 11:58 am

Product of the Year Gulf Awards reinforces focus on innovation

The overall market sentiment may look a bit challenging across sectors, but one award has inspired companies to buck the trend, so to say. The 2016 Product of the Year Gulf Awards (POY), renowned worldwide for its recognition of innovation, has once again reaffirmed its popularity with more and...

More Details

Business & Money | Monday 29 February, 2016 11:47 am

Digitization Will Supercharge Kingdom of Saudi Arabia’s Proposed USD 4 Trillion Economic Plan by 2030

Digitization will supercharge the Kingdom of Saudi Arabia’s potential USD 4 trillion non-oil economic investment needed through 2030, industry experts announced at the recent Mobile World Congress.   Facing a volatile oil and gas market, and with half of the population under 25...

More Details

Business & Money | Monday 29 February, 2016 11:03 am

Indian PM to visit Riyadh on April 2

Indian Prime Minister Narendra Modi will pay a two-day state visit to Saudi Arabia on April 2, according to reliable sources. Modi will hold talks with Custodian of the Two Holy Mosques King Salman. They will discuss key regional and international developments as well as trade and energy issues. ...

More Details