Business & Money | Thursday 9 June, 2016 5:29 am

Kingdom plans to showcase arts in reform drive

Saudi Arabia plans to showcase the arts and grow its media industry to counter negative stereotypes of the Kingdom, whose rights record is regularly and wrongly criticized abroad. The initiatives are part of the wide-ranging National Transformation Program (NTP) which sets targets for...

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Business & Money | Thursday 9 June, 2016 4:27 am

Arab Luxury World Successfully Reaches Conclusion

The third edition of Arab Luxury World has successfully reached its conclusion. The event saw a number of valuable insights and learnings on offer for those in attendance. Organised by Mediaquest, the two-day conference took place at The Westin Dubai Mina Seyahi, with more than 30 panel...

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Business & Money | Thursday 9 June, 2016 4:27 am

GCC maritime regulators visit Gulf Craft shipyard

GULF Craft recently welcomed 10 maritime regulators from across the GCC to one of its award-winning shipyards in the Emirates. Visitors were given a tour of the facility, and had an opportunity to witness the superyacht and yacht production process in action while meeting the skilled...

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Business & Money | Thursday 9 June, 2016 4:24 am

Al-Qassabi to supervise market during Ramadan

Commerce and Investment Minister Majed Al-Qassabi is expected to personally supervise the work of the ministry’s inspection teams, which will check the availability and prices of quality consumer goods in the market. Earlier this week, the minister held a round of talks with the directors of ...

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Business & Money | Wednesday 8 June, 2016 4:51 pm

Deloitte: Organizational design a top priority for Middle East companies

Responding to disruptive changes in digital technology, business models and workforce demographics, 92 percent of business and HR leaders around the world have identified the critical need to redesign their organization to meet global business demands. This is according to Deloitte’s fourth...

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Business & Money | Wednesday 8 June, 2016 4:48 pm

Spreads fall as petrochemical prices slip

Petrochemical product prices declined in May, after moving higher in the month of April. Ethylene, polyethylene, polypropylene prices slipped in the range of 4-9% m-o-m, even while feedstock prices (naphtha, propane) were mostly stable, indicating lower spreads and margins for petrochemical...

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Business & Money | Wednesday 8 June, 2016 3:36 pm

World’s best loved biscuit and confectionery brands unite to form new global business

Yildiz Holding, CEEMEA’s largest food company, has brought together its core biscuit, chocolate, and confectionery businesses Godiva Chocolatier, United Biscuits, Ulker and DeMet’s Candy Company, to form a new global company, “pladis”.  The new entity unites...

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Business & Money | Wednesday 8 June, 2016 6:43 am

‘AYKON City’ Launches First Residential Units Overlooking Sheikh Zayed Road and Dubai Canal

DAMAC Properties today announced the launch of the much-awaited residential tower within the AYKON City project. The 60-storey tower will house the luxury apartment units and be part of the AYKON City development to be centrally located on Sheikh Zayed Road in Dubai’s Golden Quadrant,...

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Business & Money | Wednesday 8 June, 2016 1:25 am

LADIES FIRST! GALDERMA LAUNCHES DAYLONG AND CETAPHIL BABY® IN SAUDI ARABIA WITH JEDDAH LADIES CLUB PREVIEW

Representatives from Jeddah Ladies Club are among the first consumers in Saudi Arabia to experience newly launched skincare brands, Daylong and Cetaphil Baby, following an exclusive preview event. Organised by Galderma - the medical solutions company of Nestlé Skin Health, which...

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Business & Money | Tuesday 7 June, 2016 4:02 pm

ASDA’A Burson-Marsteller Arab Youth Survey wins In2 SABRE EMEA Award for ‘Thought Leadership in PR’

ASDA’A Burson-Marsteller, the leading public relations agency in the Middle East and North Africa, has been awarded the In2 SABRE EMEA Award for Thought Leadership in PR for its work on the Seventh Annual ASDA’A Burson-Marsteller Arab Youth Survey 2015. The agency was recognised at an...

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