Business & Money | Tuesday 25 June, 2019 3:21 pm

Dubai Customs honors top performers in 3rd monthly client recognition ceremony

Dubai Customs held its monthly 3rd client recognition ceremony of 2019 to honor best performing clients and businesses in various categories. As a token of appreciation to the outstanding clients, and following directives of the Director General of Dubai Customs, Ahmed Mahboob Musabih the event has ...

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Business & Money | Tuesday 25 June, 2019 3:12 pm

Saadiyat Development and Investment Company appoints Sharpoorji Pallonji as main contractor for iconic AED 1.5 billion Abu Dhabi real estate development

  Saadiyat Development and Investment Company (SDIC) board members, H.H. Sheikh Hamdan Bin Saeed Bin Zayed Al Nahyan, H.E. Hamad Al Darmaki, and CEO/MD Rashid Al Zaabi have officially announced the appointment of Shapoorji Pallonji Middle East as the main contractor for the...

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Business & Money | Tuesday 25 June, 2019 2:51 pm

Oracle Collaborates with Saudi Arabia’s OceanX To Support Startup Growth in the Kingdom

Oracle and Saudi Arabia’s leading start up consultancy firm, OceanX today signed a Memorandum of Understanding (MoU) to help Saudi entrepreneurs set up their startups and drive growth with latest digital technologies.    “Entrepreneur success is a key cornerstone of...

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Business & Money | Tuesday 25 June, 2019 2:47 pm

Nayifat to reschedule its IPO roadshow and book building process

Saudi Arabia’s Nayifat Finance Company, in consultation with its Financial Advisor, has decided to reschedule the roadshow and book building process for the Company's planned Initial Public Offering ("IPO"), originally planned to commence on June 24, 2019. The rescheduling is in ...

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Business & Money | Tuesday 25 June, 2019 5:25 am

SAMI acquires Riyadh-based Advanced Electronics Company (AEC)

Saudi Arabian Military Industries (SAMI) today announced the signing of a Term Sheet Agreement to acquire 100 percent ownership in Advanced Electronics Company (AEC). The agreement signing took place at a Saudi Arabia – UK industry event in London in the presence of senior shareholder...

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Business & Money | Tuesday 25 June, 2019 5:00 am

Coroli Awarded ‘Superbrands’ Status

, (AETOSWire): Coroli, the region’s leading edible oil brand, was awarded Superbrands status at a gala event ceremony recently held in Dubai, UAE. The award was received by Dr. B. R. Shetty, Founder & Chairman of BRS Ventures and owner of Coroli brand. At the 15th annual Superbrands...

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Business & Money | Tuesday 25 June, 2019 3:12 am

Abu Dhabi National Exhibitions Company to Promote Key Defence Shows at ARMY-2019 in Russia

As part of its ongoing outreach to attract more international exhibitors to its leading defence shows, a delegation from Abu Dhabi National Exhibitions Company (ADNEC) is set to participate in the International Military-Technical Forum ‘ARMY-2019’.  Set to run from 25 to 30 June ...

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Business & Money | Tuesday 25 June, 2019 2:38 am

LG Electronics Commits to Giving Back to Communities

Volunteering is a symbolic activity that individuals engage in within society to contribute to its progress and prosperity. It has become a crucial part of our contemporary life that has resulted in a rapid development in different aspects of our lives. The complexity of social life and the effect...

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Business & Money | Tuesday 25 June, 2019 2:00 am

Chinese investments in UAE real estate set to grow 70% during 2019: Fidu Properties

: Fidu Properties, one of the leading Chinese companies in the UAE property market, has reaffirmed that Chinese investments in the UAE real estate sector is set to surge in the coming months, and will grow over 70% during 2019, reinforcing the growth potential on offer in the...

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Business & Money | Monday 24 June, 2019 5:21 pm

Saudi Arabia Celebrates Trading of Merged Bank

Financial leaders gathered to celebrate trading of the newly combined SABB and Alawwal bank on Tadawul, the Saudi stock exchange. The ringing of the market opening bell brought together senior executives from the Kingdom’s regulators and the bank, who together successfully completed the...

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