Environment & Energy | Tuesday 6 September, 2016 10:43 am

Oil rallies on Saudi-Russia pledge to steady prices

Oil prices rallied on Monday by up to five percent after Saudi Arabia and Russia vowed to stabilize the market. Energy, Industry and Mineral Resources Minister Khalid Al-Falih and his Russian counterpart Alexander Novak declared they had agreed to “act together” to steady the market,...

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Business & Money | Tuesday 6 September, 2016 10:42 am

G20 acknowledges global Saudi role

The Kingdom’s participation in the G20 summit is a recognition of its regional role in controlling the stability of the energy markets. Saudi Arabia, through a prudent policy, aims to achieve the interests of oil producers and consumers in order to reach fair prices to help keep the pace of...

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Business & Money | Tuesday 6 September, 2016 10:40 am

King Abdullah Port to boost Saudi Arabia’s role as global logistics and trade center

The Kingdom of Saudi Arabia is witnessing an unprecedented boom in the maritime sector and its shipping and logistical services. Its coasts today, especially the Red Sea coast, have captured global attention due to their distinct geographical location among international shipping lines. The Red Sea ...

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Business & Money | Tuesday 6 September, 2016 10:32 am

DAMAC Properties Awards 285 Contracts Worth AED 5.25 Billion to Date in 2016

DAMAC Properties today announced that it has awarded 285 construction and consultancy contracts worth AED 5.25 billion across the GCC and UK during the period between January and August 2016. The awarded contracts cover the public realm landscaping in AKOYA by DAMAC, villas at both AKOYA by...

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Technology & IT | Tuesday 6 September, 2016 10:25 am

Canon and Axis announce change of global sales

Canon Inc. and Axis Communications AB announced today an agreement under which the two companies would change their sales and marketing efforts in major regional markets worldwide. In Europe, the Middle East and Africa (EMEA) and North America, Axis will assume responsibility for the marketing and...

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Government | Tuesday 6 September, 2016 10:20 am

King reviews preparations made for Haj

Custodian of the Two Holy Mosques King Salman stressed the importance of coordinating efforts of government and private agencies to provide the best services to pilgrims. Chairing the Council of Ministers’ session here Monday, the King reviewed the preparations made for this year’s...

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Business & Money | Tuesday 6 September, 2016 4:19 am

QnA International Announces National Bonds as Lead Sponsor of GOV HR Summit

Dubai based QnA International is pleased to announce National Bonds as the lead sponsor of the two-day Summit. The Summit, now in its fourth year, is the only GCC- focused event which gathers leading HR leaders from the government, public sector and government owned private sector companies. This...

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Business & Money | Tuesday 6 September, 2016 4:16 am

Bin Haider Holding Group unveils AED 1 billion mega real estate project on Al Marjan Island

Mohammad Oman Bin Haider Holding Group P.S.C. has announced an upscale mega project on Al Marjan Island, spread across 1.4 million sq ft., featuring a 5-star luxury hotel, luxurious residential apartments, commercial buildings cluster and retail area, totally valued at AED 1...

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Technology & IT | Tuesday 6 September, 2016 3:27 am

LG showcases its latest line-up of clothing care solutions at IFA 2016

LG Electronics (LG) recently showcased its latest innovations in clothing care technology at IFA 2016, one of the world’s leading trade show for consumer electronics and home appliances organized in Germany.  Featured among the top lineup of products were LG’s all new TWINWash...

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Tourism & Hospitality | Tuesday 6 September, 2016 3:25 am

Stay Inspired this Eid-Al-Adha as Conrad Dubai Rolls Out Exceptional Holiday Packages

Discover a truly memorable family holiday in Conrad Dubai this Eid Al Adha. Located in the heart of the Emirate’s lively financial and shopping district, and only minutes away from The Dubai Mall, experience inspired living with Conrad Dubai’s 25 per cent* discount on room...

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