Business & Money | Thursday 11 February, 2016 4:27 pm

OpenShift by Red Hat Named InfoWorld Technology of the Year Award Winner

Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced that OpenShift by Red Hat, the company’s cloud application platform offering, has received the Infoworld Technology of the Year award for the second year in a row. The annual awards identify...

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Business & Money | Thursday 11 February, 2016 4:24 pm

Union Bancaire Privée appoints Frédéric Carbonnier as Head of UBP Investment Advisors SA

Union Bancaire Privée (“UBP”) has announced the appointment of Frédéric Carbonnier as CEO of UBP Investment Advisors SA (“UBP IAS”) with effect from 1 January 2016. Created by UBP in Geneva in February 2014, UBP IAS is a Swiss company registered with the ...

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Business & Money | Thursday 11 February, 2016 2:00 pm

More than Three-Quarters of Middle East Respondents Feel Passionate About Their Work

The Bayt.com ‘Passion for Work in the Middle East’ survey, recently conducted by Bayt.com –  the Middle East’s leading career site –  has revealed that the overwhelming majority of respondents from the Middle East and North Africa (MENA) feel that the work...

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Business & Money | Thursday 11 February, 2016 12:20 pm

DAMAC Properties net profit grew 30% to AED 4.51 billion (US$1.23 billion) for full year 2015

DAMAC Properties Dubai Co PJSC (DFM: DAMAC) (“DAMAC” or the "Company"), a leading developer of high-end property in the Middle East, announces results for year ended 31 December 2015.    Financial Highlights   During full year 2015, DAMAC recorded...

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Business & Money | Thursday 11 February, 2016 7:56 am

MENA Women in Finance Award Launched at Diversity Event

A new Middle East & North Africa (MENA) ‘Women in Finance’ award has been launched at an event in Dubai which looked at how businesses can encourage greater diversity and benefit in the process.   The award initiative was announced by event host ACCA (the Association of...

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Business & Money | Thursday 11 February, 2016 7:52 am

OSN marks region’s first all-transaction window buyout deal with Gulf Film for exclusive access to its premium content

Movie-lovers can now have the best of both worlds as OSN, the region’s leading pay-TV network, and Gulf Film, a distributor of major studio productions and independent movies, have signed a six-year exclusive partnership through 2021 for premium film content.   Marking a regional...

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Business & Money | Thursday 11 February, 2016 7:43 am

Philip Morris International Recognized as Top Employer in Europe and the Middle East

Philip Morris International Inc. (PMI) (NYSE/Euronext Paris: PM) today was recognized as a Top employer in Europe for the fourth consecutive year, and for the first time in the Middle East, in recognition of the company’s excellent work environment and exceptional development opportunities...

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Business & Money | Thursday 11 February, 2016 7:35 am

Aqualia gets award for step to modernize water sector

The Governor of Riyadh Prince Faisal Bin Bandar Bin Abdul Aziz Al Saud) presented the Award for Water to Javier Díaz, manager of Aqualia in Saudi Arabia, during the Saudi Water Electricity Forum (SWEF) held in Riyadh this week. The award pays recognition to the work carried out by Aqualia ...

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Business & Money | Thursday 11 February, 2016 7:29 am

Riyadh Metro project on course: Governor

The $22-billion Riyadh Metro project is going on according to the plan despite the fact that many global projects are faltering. “There are many stalled projects all over the world and not in the Kingdom alone, but the metro project in the Saudi capital is proceeding according to...

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Business & Money | Thursday 11 February, 2016 2:33 am

Arabia CSR Awards 9th Cycle launched

The region’s premier CSR and Sustainability Awards scheme was officially launched in the United Arab Emirates in a press conference held this morning. Currently in its ninth cycle, the Arabia CSR Awards have been successful in unveiling the good examples and best practices coming out of...

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