Business & Money | Monday 4 November, 2019 1:03 am

Groupe PSA and FCA plan to join forces to build a world leader for a new era in sustainable mobility

Discussions have opened a path to the creation of a new group with global scale and resources owned 50 percent by Groupe PSA shareholders and 50 percent by FCA shareholders. In a rapidly changing environment, with new challenges in connected, electrified, shared and autonomous mobility, the...

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Business & Money | Sunday 3 November, 2019 3:17 pm

Saudi Aramco announces intention to offer IPOs on domestic stock market

Saudi Aramco, the world’s largest integrated oil and gas company on Sunday announced its intention to proceed with an initial public offering (IPO) on Riyadh's Tadawul Stock Exchange in the presence of Yasir Othman Al Rumayyan, Chairman of the Board of Directors of Saudi Aramco and Amin...

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Business & Money | Sunday 3 November, 2019 12:09 pm

ENOC Group hoists the national flag to celebrate the UAE Flag Day

ENOC Group hoists the UAE flag high to celebrate the 2019 UAE Flag day. This is part of the celebrations organised under the aegis of His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai.    The Group will also organise a...

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Business & Money | Sunday 3 November, 2019 12:06 pm

EY: Two MENA IPO deals in KSA and Egypt raise US$190m in Q3 2019

According to the EY MENA IPO Eye Report, Initial Public Offering (IPO) deal value in the Middle East & North Africa (MENA) region decreased by 45.3% to US$190.0m in Q3 2019, down from US$347.3m in Q3 2018. Two deals were recorded in the Kingdom of Saudi Arabia (KSA) and Egypt in Q3 2019, a...

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Business & Money | Sunday 3 November, 2019 6:30 am

du Women Council Awarded for Women Empowerment at the Prestigious RiiSE and Entrepreneur Middle East’s Forum “Achieving Women Awards 2019”

In recognition of its significant efforts towards driving the UAE Leadership’s Vision for gender diversity in the workplace, du, from Emirates Integrated Telecommunications Company (EITC), has received the Entrepreneur Middle East’s “Best Company in Women Empowerment Award”...

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Business & Money | Sunday 3 November, 2019 5:24 am

DoE's Visit to Singapore Underlines Global Synergies in Accelerating Energy Transformation

Chairman of the Abu Dhabi Department of Energy (DoE), H.E. Eng. Awaidha Murshed Al Marar, completed a successful visit to Singapore by participating at Singapore International Energy Week (SIEW), held between October 29 and November 1, 2019. The visit rounded off a fruitful week of engagements for...

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Business & Money | Sunday 3 November, 2019 2:23 am

Saudi Arabia to host seminar aimed at fighting financial crime

Saudi Arabia is to host a major international conference aimed at combating global financial crime. Financial technology firm Refinitiv announced the inauguration of the 11th Compliance and Anti-Money Laundering Seminar to be held in Riyadh on Nov. 4. The gathering of top regional and...

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Business & Money | Saturday 2 November, 2019 3:43 pm

Dubai Customs discusses more mutual cooperation with Ukrainian Consul General

Director General of Dubai Customs, Ahmed Mahboob Musabih received in his office His Excellency Oleksandr Khomiak, Consul General of Ukraine to Dubai, accompanied by Timor Redvanov, Deputy Consul. The two discussed means of boosting cooperation between Ukraine and the UAE especially in...

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Business & Money | Saturday 2 November, 2019 3:17 am

ADDED organizes workshop to shed light on Abu Dhabi’s circular economy in industrial sector

In line with the Abu Dhabi’s hosting of the 18th General Conference of the United Nations Industrial Development Organization (UNIDO) taking place from November 3 to 7, 2019 at Emirates Palace Hotel, the Abu Dhabi Department of Economic Development (ADDED) held a workshop focused on...

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Business & Money | Saturday 2 November, 2019 3:06 am

“Al Akaria” and Arabian Dream “Triple Five Worldwide” Announce an International Collaboration

Al Akaria Saudi Real Estate Company, one of the largest publicly listed real estate developers on the Saudi stock exchange (Tadawul), announces its initial collaboration with Arabian Dream KSA, principally owned by Triple Five Worldwide, owner and developer of the three biggest...

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