Business & Money | Thursday 28 May, 2015 12:39 pm

SEDCO Capital inks realty deals worth $145.5 mln in the United States

In-line with the firm’s strategy in investing in high-quality assets and investment opportunities, SEDCO Capital, a leading Saudi asset manager, announced three new realty deals worth $145.5 million, bolstering the firm’s investments in the U.S. Commenting on the deals, Hasan Al-Jabri, Chief...

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Business & Money | Thursday 28 May, 2015 9:38 am

Italy and Germany spearhead international participation at Automechanika Dubai 2015

- Top European manufacturers get ready for action at Middle East and Africa’s largest auto aftermarket trade show- Italy and Germany will spearhead a record turnout of international exhibitors at Automechanika Dubai 2015, as the wider Middle East and Africa’s largest automotive...

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Business & Money | Thursday 28 May, 2015 3:02 am

Kingdom ‘means’ business

Custodian of the Two Holy Mosques King Salman on Wednesday emphasized his government’s commitment to address the issues facing businesses and adopt viable steps to woo local and foreign investment.Speaking to business leaders including chairmen of chambers and banks, the king called for the...

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Business & Money | Thursday 28 May, 2015 2:56 am

Penspen Appoints New EVP Asset Management & Asset Integrity and Regional Director of the Americas

Penspen, a leading global provider of engineering and management services to the energy industry, has strengthened its Houston team with the appointment of Carl Mook as the new EVP Asset Management and Asset Integrity and Regional Director of the Americas.In his new EVP role, Carl will be...

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Business & Money | Thursday 28 May, 2015 2:06 am

Prince Alwaleed urged to boost Uganda investments

Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC), received at his office in Riyadh, Rashid Ssemuddu, Ugandan Ambassador to Saudi Arabia. The meeting was also attended by Hassna Alturki, executive manager for international relations to the chairman and Ahmed Altubaishi, executive ...

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Business & Money | Thursday 28 May, 2015 1:47 am

Ideal Standard Mena celebrates the launch of the Blue Book Mena Edition

the internationally acclaimed sanitary ware brand, part of Ideal Standard Mena brand offer, with origins from UK since more than 100 years , celebrated the launch of the Blue Book Mena Edition at the Address Downtown, Dubai. Brought forth in collaboration with the Armitage Shanks distributor in...

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Business & Money | Wednesday 27 May, 2015 3:32 pm

Newly Launched in UAE, Fitness Time to Open 15 Centers

Stressful jobs, long working hours and obesity problems have led to the boom of fitness industry in the Middle East. In wake of the above, leaders in the dynamic growth of the fitness sector, Leejam Sports Company, the premier lifestyle and fitness provider in Saudi Arabia and winners of Mohammed...

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Business & Money | Wednesday 27 May, 2015 2:52 pm

Masharie divests stake in International Rubber Company

Masharie LLC, the private equity arm of Dubai Investments PJSC – a leading investment company listed on DFM, has announced divestment of its 51% stake in both International Rubber Company [IRC] and Techno Rubber Company [TRC] for AED 36.5 million. The stake sale in IRC and TRC generated an...

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Business & Money | Wednesday 27 May, 2015 2:24 pm

Bayt.com to Host EdExpo, the Largest Virtual Education Event in the Middle East

Bayt.com, the region’s number one career site, will host its annual virtual education event, EdExpo, on June 1 to June 3, 2015. Anyone can register online for free and connect with the admission departments of top international educational institutions, including Cass Business School, Amity, and...

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Business & Money | Wednesday 27 May, 2015 1:57 pm

Local retailer Aswaaq celebrates 6 years of achievements with 6 major promotions

The UAE’s first street market-themed community mall, Aswaaq today announced the kick-off of 6 mega-promotions across all its outlets, to mark 6 years since the historic opening of its first center. The promotions include 6 supermarket offers of generous discounts for general shoppers and...

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