Business & Money | Wednesday 4 May, 2016 4:43 pm

AHLI UNITED BANK B.S.C. REPORTS A Q1/2016 PROFIT OF US$ 154.6 million ATTRIBUTABLE TO THE SHAREHOLDERS OF THE BANK

Ahli United Bank B.S.C. (AUB) reported a net profit attributable to its equity shareholders of US$ 154.6 million for the quarter ended 31 March 2016. The net profit reflected an increase of 5.0% in Q1/2016 as compared to the net profit figure of US$ 147.2 million achieved in Q1/2015. The Q1/2016...

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Business & Money | Wednesday 4 May, 2016 4:34 pm

Deloitte: Record revenues sustain impressive profits despite Premier League clubs’ investment in players

For the first time since 1999, Premier League clubs have recorded a second consecutive year of aggregate pre-tax profits, generating approximately £120m in 2014/15, according to Deloitte, the business advisory firm. This is the second highest-ever aggregate pre-tax profit for Premier League...

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Business & Money | Wednesday 4 May, 2016 4:09 pm

Supported by Dubai Municipality & Fujairah Municipality Smart Building Automation Summit 2016 Concluded Successfully.

Information Exchange Group (IXG) organized Smart Building Automation Summit 2016 which was held at Hilton Jumeirah Beach Resort, Dubai on April 26-27, 2016. The summit was supported by Dubai Municipality, Fujairah Municipality, Emirates GBC, ASHRAE Falcon Chapter and Middle East lighting...

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Business & Money | Wednesday 4 May, 2016 4:04 pm

MasterCard’s Raghu Malhotra named among ‘Top Ten Indian Leaders in the Arab World 2016’ by Forbes Middle East

Raghu Malhotra, MasterCard’s President for the Middle East and Africa (MEA), has been named among the ‘Top Ten Indian Leaders in the Arab World’ by Forbes Middle East.  The announcement was made at the Forbes Middle East Gala Dinner held at Waldorf Astoria Dubai Palm...

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Business & Money | Wednesday 4 May, 2016 3:55 pm

Fortinet Recognises Top Partners and Distributors’ at Middle East Partner Conference

Fortinet® (NASDAQ: FTNT) – the global leader in high-performance cybersecurity solutions, has concluded its first Middle East Partner Conference in Dubai, UAE at Sofitel - The Palm and announced the winners of the top partner awards. Fortinet's Middle East Partner Conference awards...

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Business & Money | Wednesday 4 May, 2016 3:37 pm

Dubai-Based Citigate Commodities Trading Officially Launches ‘Safa Afrique’

Citigate Commodities Trading Limited, a Dubai-based company officially announced the acquisition and launch of a 79.9 sq km diamond mine in Sierra Leone at a gala event held at Ritz Carlton DIFC. Hosted by the CEO of the Citigate International, Mr Tohib Iyiola, the ceremony was also a celebration...

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Business & Money | Wednesday 4 May, 2016 3:34 pm

SABIC highlights innovation with details of world’s largest CO2 purification plant in Sustainability Report

The SABIC Sustainability Report 2015, entitled Enabling Tomorrow’s Solutions, released today, features the company’s sustainability achievements throughout the world and highlights how SABIC is setting the standards for innovation and sustainable development in the chemical...

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Business & Money | Wednesday 4 May, 2016 3:25 pm

Forbes Middle East unveils Top Indian Leaders in the Arab Region

FORBES MIDDLE EAST has revealed two rankings unveiling the region’s most successful Indian heads: The Top 100 Indian Entrepreneurs and the Top 50 Indians in Executive Management in both multinationals and Arab companies.  Some of the leaders inherited family businesses that have been...

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Business & Money | Wednesday 4 May, 2016 3:20 pm

Tyres and Batteries on a roll at Automechanika Dubai 2016

The Middle East’s growing appetite for tyres and batteries will be underlined by a record exhibitor turnout in this dedicated product segment at the region’s largest auto aftermarket trade show next week.   A total of 220 global manufacturers will showcase their tyre and...

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Business & Money | Wednesday 4 May, 2016 1:10 pm

DP World, Maersk Line and Yanbu University College recognized for Supply Chain Excellence at GPCA Conference

DP World, Maersk Line and Yanbu University College won first-place awards for Supply Chain Innovation, Supply Chain Sustainability and Best GCC Academic Institution in Supply Chain respectively during the inaugural edition of the Gulf Petrochemicals and Chemicals Association (GPCA) Supply Chain...

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