Business & Money | Friday 7 April, 2017 3:30 pm

Fitch: Saudi banks overcome liquidity crunch but profits falling

The worst effects of the liquidity crunch that hit the Saudi banking sector in 2016 have passed, following a drive by authorities to inject and support system liquidity, according to Fitch Ratings. “The banks came through the period largely unscathed, with liquidity coverage ratios...

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Business & Money | Friday 7 April, 2017 3:27 pm

Saudi Arabian Airlines launches direct flight to Port Sudan

Saudi Arabian Airlines (Saudia) launched its first direct flight on Thursday from Jeddah to Port Sudan, making it the fifth direct international destination added by the air carrier since last year. In 2016, Saudia added Maldives, Ankara, Algeria and Munich to its direct flight...

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Healthcare | Friday 7 April, 2017 5:38 am

Boehringer Ingelheim: A New World Leader in Animal Health

Three months after acquiring animal health leader Merial in a strategic transaction with Sanofi, Boehringer Ingelheim revealed its ambition to compete for industry leadership worldwide in animal health. Boehringer Ingelheim management discussed the importance of its animal health business and its...

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Business & Money | Friday 7 April, 2017 5:05 am

Invest in Sharjah Trade Mission to Italy Will Explore New Business Opportunities

Sharjah is poised to send a large trade delegation to Italy, at a time when the country is the UAE’s third largest European trade partner and shows a growing potential for expansion in real estate, food, fashion and innovative start-ups. Led by Sharjah FDI Office (Invest in Sharjah) –...

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Environment & Energy | Friday 7 April, 2017 5:00 am

GROHE announces revolutionary water security system for your home

GROHE Sense and GROHE Sense Guard are GROHE’s latest intelligent solutions for the smart home. The GROHE Sense smart water sensor monitors humidity, detects leaks and alerts homeowners instantly in case of a problem, while GROHE Sense Guard is installed in the main water pipe and can switch...

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Business & Money | Friday 7 April, 2017 4:50 am

DAMAC Properties Achieves Outstanding Safety Milestone with Over 180 Million Safe Man Hours Delivered Across All its Projects in Dubai

DAMAC Properties, a leading luxury real estate developer in the region, has completed more than 180 million safe man hours across all of its projects in Dubai – a significant milestone that demonstrates the company’s unwavering commitment to the highest safety standards whilst achieving ...

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Technology & IT | Friday 7 April, 2017 4:12 am

HR Technology Tools Evolve to Handle Feedback, Performance and Agility

HR Technology is fast developing. Year-on-year the trends, and market requirements keep developers busy. Driven by natural workplace changes and inspired by vastly different work ethics amongst new working demographics, HR Technology is continuously evolving from its traditional core of payroll,...

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Technology & IT | Friday 7 April, 2017 4:05 am

Large-Scale Light Installation Highlights LG’s Human-Centric Design Philosophy at World’s Largest Design Show

Milano Design Week, the largest and most famous event celebrating design around the world, is the setting for a collaborative, large-scale light installation by LG and Japanese designer Tokujin Yoshioka. Entitled TOKUJIN YOSHIOKA x LG: S.F_Senses of the Future, the impressive work seeks to...

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Business & Money | Thursday 6 April, 2017 6:40 pm

Acelity Names R. Andrew Eckert President and Chief Executive Officer

Acelity L.P. Inc., a leading global advanced wound care company, today announced that it has named R. Andrew Eckert as President and Chief Executive Officer. Eckert succeeds Joseph Woody, who is leaving Acelity following the successful divestiture of the company’s LifeCell division earlier...

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Tourism & Hospitality | Thursday 6 April, 2017 3:17 pm

THOUSANDS JOIN IN DOHA FESTIVAL CITY’S OPENING DAY CELEBRATIONS

Doha Festival City, the largest entertainment, retail and hospitality destination in Qatar, managed and operated by Al-Futtaim, opened its doors to the public yesterday, 5th April 2017. Thousands of visitors flocked to the new Mall from 10am to be amongst the first to shop, dine and be entertained. ...

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