Business & Money | Monday 18 January, 2016 7:34 am

64% of MENA Respondents Believe That Ethics is the Collective Responsibility of All Employees in a Company

Given the importance of ethics in the corporate world, Bayt.com has recently conducted a poll, in partnership with the Canadian University Dubai (CUD), to ascertain the role that business leaders play in encouraging ethical conduct in the Middle East and North Africa (MENA) region. The poll,...

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Business & Money | Monday 18 January, 2016 7:08 am

Tadawul tumbles 5.4%; sliding crude prices, global equities to blame

The slide in oil prices below $30 and global equities have been impacting the investor sentiment as well as the Saudi stock market (Tadawul), economists have said.  On Sunday, Tadawul saw its lowest close since March 2011, when the stock market index tumbled 5.4 percent in almost...

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Business & Money | Monday 18 January, 2016 5:07 am

Alshiaka Launches New Al -Hilal & Al-Ittihad Clubs Thobe

Alshiaka has revealed its’ new official Thobes for both Al -Hilal & Al-Ittihad Clubs. The well-known company in the field of menswear fashion wear has recently launched through its showrooms several Thobe designs for the two most famous Saudi football clubs. Alshiaka is the first menswear ...

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Business & Money | Sunday 17 January, 2016 3:01 pm

DAMAC Introduces ‘Navitas Hotel & Residences’

DAMAC Properties, one of the region’s largest luxury real estate developer, has introduced  ‘Navitas Hotel & Residences’ in AKOYA Oxygen golf course community with a 4-year payment plan with prices starting from AED 440,000.    ‘Navitas Hotel &...

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Business & Money | Sunday 17 January, 2016 2:57 pm

Carrier Serves as Platinum Sponsor of HVACR Expo Saudi 2016

Carrier, the world’s leader in high technology heating, ventilating, air conditioning & refrigeration (HVACR) solutions, served as platinum sponsor of the HVACR Expo Saudi 2016, held in Jeddah from Jan. 11 - 13. Carrier, which operates in Saudi Arabia through Arabian Air Conditioning...

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Business & Money | Sunday 17 January, 2016 2:21 pm

Roma's Egyptian Winger MOHAMED SALAH Unveiled as PEPSI’S Brand Ambassador and Stars in New AD to Air in Egypt and Mena

Pepsi, one of the world’s iconic beverage brands has announced Egyptian professional footballer, Mohamed Salah as the new brand ambassador for Pepsi-Cola in the Middle East and North Africa (MENA) region in 2016. Salah, who is known globally for his stellar football performances with...

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Business & Money | Sunday 17 January, 2016 2:07 pm

DevOps Will Speed Innovation, Simplify Business Operations and Create Competitive Advantage for Enterprises in Saudi

The DevOps movement emphasizes communication, collaboration and integration between software developers and the IT operations team within a company. The benefits DevOps can provide for enterprises in Saudi are nothing less than the framework for staying competitive in an era defined by change....

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Business & Money | Sunday 17 January, 2016 12:43 pm

ENOC Tasjeel extends its services to Ras Al Khaimah

Tasjeel, the UAE’s one-stop-shop for all vehicle testing and registration needs has signed a contract with the RAK Government to open its first Tasjeel branch in Ras Al Khaimah.    The expansion is part of the company’s plans in strengthening its market presence in the...

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Business & Money | Sunday 17 January, 2016 12:39 pm

Value of contract awards to plummet in 2016

The value of contracts awarded in the GCC is set to drop sharply by 15 per cent in 2016 as low oil prices hit government spending plans, according to the latest forecast by MEED Projects, the region’s leading project tracking service. The forecast, which is based on more than 2,100...

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Business & Money | Sunday 17 January, 2016 12:19 pm

Nespresso continues Middle East Expansion with a new Boutique in the Kingdom of Saudi Arabia

Nespresso, the worldwide pioneer in premium portioned coffee, announced another achievement in their Middle East expansion plan with the opening of its seventh Boutique in the Kingdom of Saudi Arabia, located at Al-Gossaiby Village in the Eastern Province in Al-Khobar City. The new Boutique was...

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