Business & Money | Monday 19 December, 2016 2:34 pm

Dubai start-up Mybox profiled on CNN

‘Upstarts’ - the CNN International series exploring global start-ups – this week profiles Dubai start-up Mybox.   Founder and CEO of Mybox, Bader Al Kalooti, tells CNN all about his business – a smart locker system placed in residential and commercial buildings...

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Business & Money | Monday 19 December, 2016 1:06 pm

Careem Closes First Tranche in $500 Million Funding Round Led by Rakuten and Saudi Telecom Company

Careem, the leading ride-hailing service in the Middle East and North Africa, announced today a first close in its $500 million funding round. The investment of $350 million is co-led by Rakuten, Inc., a global leader in internet services and innovation headquartered in Japan, and Saudi Telecom...

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Business & Money | Monday 19 December, 2016 12:49 pm

Future BIM Implementation Qatar conference: keeping up with global construction trends

Advanced Conferences & Meetings (ACM) is launching the Future BIM Implementation Qatar conference in its third successful edition, on 20-21 March 2017 in Doha.  This focused conference will support the optimisation of BIM implementation to improve the management of complex construction...

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Business & Money | Monday 19 December, 2016 12:45 pm

Doosan to Construct Combined Cycle Power Plant for the Fadhili Gas Plant

Doosan Heavy Industries & Construction, Korea’s leading power solutions company, announced today the signing of about $ 900 million contract with global energy supplier Engie for the construction of Fadhili Combined Heat and Power Plant in Saudi Arabia which will be jointly owned by a...

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Business & Money | Monday 19 December, 2016 10:57 am

Schneider Electric Names Caspar Herzberg New MEA President

Schneider Electric, a global leader in energy management and automation, has named Caspar Herzberg as President of its newly formed Middle East & Africa region, effective January 1, 2017. In a bid to refuel growth, boost organizational efficiency and better leverage opportunities in the...

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Business & Money | Monday 19 December, 2016 4:48 am

Al Mal Capital wins two awards

 Al Mal Capital PSC, a subsidiary of Dubai Investments PJSC and a diversified, multi-line investment institution licensed and regulated by the Central Bank of the UAE, has won two prestigious awards at the 4th Middle East, North Africa & Asia Awards ceremony held on December...

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Business & Money | Monday 19 December, 2016 2:21 am

Dean Douglas launches MBSC Connect speaker series at Prince Mohammed bin Salman School

Speaking to a full house at the Prince Mohammed bin Salman College of Business and Entrepreneurship (MBSC) at King Abdullah Economic City (KAEC), Dean Douglas Elmendorf of the Harvard Kennedy School of Government said that, despite the significant challenges facing the global economy, policy...

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Business & Money | Monday 19 December, 2016 12:33 am

Panasonic Introduces Latest Range of Tough Style Tank-Type Vacuum Cleaners for Middle East

Panasonic Marketing Middle East and Africa(PMMAF) has introduced its latest range of tank type vacuum cleaner MC-YL series, which is perfect for cleaning large spaces.   The latest models MC-YL799 and MC-YL637, made in Japan and Malaysia respectively, feature a powerful motor, large...

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Business & Money | Sunday 18 December, 2016 5:10 pm

SIEMENS inks agreements with Saudi Aramco during “IKTVA” Forum

Siemens has shown its commitment and dedication to continuously drive their agenda of local value add during Saudi Aramco’s IKTVA Forum on December 14th. During the Forum, Saudi Aramco and Siemens have inked several agreements to collaborate in the fields of Renewable Energy, Research and...

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Business & Money | Sunday 18 December, 2016 3:53 pm

AccorHotels hosts Saudi Arabia’s First Women’s Empowerment and Integration Forum

AccorHotels, one of the world’s leading hotel operators, held its first ever ‘Women Empowerment and Integration Forum’ at the Sofitel Jeddah. The event is also the first to be organized by a private sector entity, focused on inspiring a new generation of young Saudi women to reach ...

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