Business & Money | Wednesday 17 February, 2016 10:38 am

Gulf Capital Portfolio Company, acquires 100% of Egyptian Misr Glass Manufacturing

Gulf Capital, one of the largest and most active alternative investment firms in the Middle East, announced today that one of its portfolio companies, Middle East Glass ("MEG") has acquired 100% of Misr Glass Manufacturing (“MGM”), which is specialised in the manufacturing and ...

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Business & Money | Wednesday 17 February, 2016 6:39 am

Call to open market for Turkish firms

Crown Prince Muhammad Bin Naif, deputy premier and interior minister, has directed all regional governors to facilitate the entry of Turkish companies to the Saudi market. He asked the governors to strictly follow instructions pertaining to the approval of proposals made by Finance Minister...

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Business & Money | Wednesday 17 February, 2016 5:27 am

KAEC to Showcase Handover Ready Residental Units in Al Shurooq Community

Following the success of recent residential sales across all segments, King Abdullah Economic City (KAEC) is set to offer affordable apartment homes in its newly built Al-Shurooq community.  The apartments form part of Phase 1 of the district.  Events to showcase the apartment homes...

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Business & Money | Wednesday 17 February, 2016 1:56 am

Hormann launches APU 67 Thermo Industrial Sectional Doors

Engineered to meet the demand for improved thermal insulation, the newly launched APU 67 industrial sectional door from Hormann Middle East features a 67mm deep profile that incorporates thermal breaks between sections, to offer even better thermal resistance.  Commenting on the APU 67...

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Business & Money | Tuesday 16 February, 2016 4:08 pm

Smartworld launches UAE’s first CIOMajlis initiative

Smartworld, an Etisalat and Dubai South joint venture company, has launched UAE’s first ever CIOMajlis, an initiative that will bring Chief Information Officers (CIOs) from public and private sector companies in the UAE on a common platform to share international best practices and explore...

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Business & Money | Tuesday 16 February, 2016 12:29 pm

OgilvyOne MENA reinforces the longstanding relationship with Unilever

Unilever has aligned with OgilvyOne and Geometry Global to manage its digital and activation plans in the Gulf for three of its prominent brands: Dove, Rexona, and Signal. The combined team of OgilvyOne Dubai and Geometry Global Dubai will lead the brands’ 2016 digital plans, developing...

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Business & Money | Tuesday 16 February, 2016 12:20 pm

AspenTech Appoints Luc Chantepy as Vice President of Middle East Sales

Aspen Technology, Inc. (NASDAQ: AZPN), a leading provider of software and services to the process industries, announced the appointment of Luc Chantepy as Regional Sales Vice President for the Middle East and North Africa region.  Chantepy brings to AspenTech more than 15 years of solution...

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Business & Money | Tuesday 16 February, 2016 12:06 pm

IKEA Saudi Arabia Donates SR 350,000 and Brightens Lives of Children at the Disabled Children’s Association

Ghassan Ahmed Al Sulaiman Furniture Trading, “IKEA Saudi Arabia,” reinforced its support for education through its Soft Toy for Education campaign, which ran from November 2015 to 15th January 2016. In its third year, the campaign has achieved great success garnering SR 350,000 for the...

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Business & Money | Tuesday 16 February, 2016 9:57 am

“Leadership to focus on motivating and inspiring employees”

Given the current challenging economic environment, organizations now understand how critical it is to get the best from their people and so try to use innovative ways to engage and motivate them. Leaders are now focused on the use of motivational tools like incentives trips and events to increase...

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Business & Money | Tuesday 16 February, 2016 7:55 am

Saxo Bank reduces FX trading costs by up to 50%

Saxo Bank, the online trading and investment specialist, has today announced the launch of a new pricing structure which reduces the FX trading costs by up to 50% and provides the opportunity to trade stocks for as low as 6 US dollars per trade.   The revised pricing structure is aimed...

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