Business & Money | Wednesday 3 February, 2016 9:25 am

DORMA and Kaba to become a global leader in access solutions

An industry leader emerges: The merger of the two businesses of DORMA and Kaba to form dorma+kaba, announced at the end of April 2015, became effective by closing on 1 September 2015. dorma+kaba Group thus becomes one of the top 3 companies in the world for security and access solutions,...

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Business & Money | Wednesday 3 February, 2016 5:45 am

Saudia opens new office in Los Angeles

Saudi Arabian Airlines (Saudia) has opened a new office in Los Angeles and will increase its three weekly direct flights to and from the city to five starting July. The function was attended by president of the General Authority for Civil Aviation (GACA), who is the chairman of Saudia Board of...

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Business & Money | Tuesday 2 February, 2016 5:39 pm

Edelman expands reputation and brand offering in the United Arab Emirates

Edelman, a leading global communications marketing firm, today announced three senior appointments in the United Arab Emirates (UAE) as part of its reorganization into Brand and Reputation units, following the recent acquisition of Dubai-based DABO & CO – now Edelman...

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Business & Money | Tuesday 2 February, 2016 5:05 pm

Middle East Insurance Forum (MEIF) gathers powerhouses from the region’s industry

Insurance leaders from across the Middle East gathered today at the 12th annual Middle East Insurance Forum (MEIF). With the strategic support of the Central Bank of Bahrain, MEIF 2016 hosted 400 insurance leaders who gathered at the Gulf Hotel in Bahrain to deliberate on new strategies to assess...

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Business & Money | Tuesday 2 February, 2016 2:04 pm

EMC Reports Fourth-Quarter and Full-Year 2015 Results

EMC Corporation (NYSE:EMC) today reported fourth-quarter and full-year 2015 financial results. Fourth-quarter consolidated revenue was $7 billion and full-year 2015 revenue was $24.7, up 1% year over year EMC generated $1.9 billion in operating cash flow and $1.5 billion in free cash...

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Business & Money | Tuesday 2 February, 2016 12:39 pm

International Property Show 2016 unveiled biggest edition from April 11 to 13

During a press conference held today (Tuesday, 2nd February), Strategic Marketing & Exhibitions unveiled the 12th edition of the International Property Show, the Middle East’s biggest property sales platform for local and international real estate. Accredited by the Dubai Real Estate...

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Business & Money | Tuesday 2 February, 2016 12:29 pm

Alkhabeer Capital appoints two new members to Board of Directors

Alkhabeer Capital, the asset management and investment firm based in Jeddah, Saudi Arabia, announced today that it has appointed Muhanad Hayder Binladen and Mohammed Abdulrahman Moumena to its Board of Directors.    Muhanad Binladen and Mohammed Moumena joined the Board effective...

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Business & Money | Tuesday 2 February, 2016 12:26 pm

SteelFab success underscores strength of manufacturing sector

The strong growth achieved by the SteelFab 2016 trade fair, which concluded at Expo Centre Sharjah on January 20, has given credence to the fact that the manufacturing sector is playing a key role in helping the country’s economy withstand the impact of low oil prices.   The...

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Business & Money | Tuesday 2 February, 2016 12:17 pm

The Fourth Round of the Saudi-US Business Opportunities Forum in Riyadh

The Ministry of Commerce and Industry is inviting leaders of business, economics, academics and researchers to attend the events of the Saudi-US Business Opportunities Forum at the Ritz-Carlton hotel in Riyadh.   The forum will be held on the 14th and 15th, 1437 A.H., corresponding...

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Business & Money | Tuesday 2 February, 2016 12:12 pm

Bupa Arabia launched blood donation campaign at Riyadh and Jeddah offices

In line with its efforts to continuously give back to the community, Bupa Arabia, the number one insurance provider in the Kingdom of Saudi Arabia, launched a blood donation campaign with vast participation of its team members at Riyadh and Jeddah offices to actively keep the momentum of noble...

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