Business & Money | Monday 19 December, 2016 3:51 pm

Gulf Capital Closes Its Second Private Debt Fund Above its $250 Million Target

Gulf Capital, one of the largest and most active alternative investment firms in the Middle East, today announced the successful final close of its second private debt and mezzanine fund, Gulf Credit Opportunities Fund II, over its target cover of US$250 Million (AED925 million). Gulf Credit...

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Tourism & Hospitality | Monday 19 December, 2016 3:46 pm

The VIP Terminal, the largest purpose built facility in the world, opens at Dubai South

In another remarkable first for Dubai South and the country, yesterday saw the inauguration of the VIP Terminal at Dubai South by His Highness Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority and Chairman and Chief Executive of Emirates Airline and Group, His Highness...

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Business & Money | Monday 19 December, 2016 3:35 pm

Emirates NBD launches ‘Banki’ edutainment mobile simulation game to promote financial literacy

Emirates NBD, a leading bank in the region, has launched a brand new edutainment mobile simulation game, ‘Banki’ in its efforts to promote financial literacy in the UAE. Through its highly engaging and informational interface, Banki will target the nation’s youth to become...

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Technology & IT | Monday 19 December, 2016 3:20 pm

Mobily Business Enhances Information Security By Launching “Secure Internet” Service

Mobily is providing “Secure Internet” service within diversified managed services that provide complete protection to the business sector infrastructure, and that affirms its leading role in Telecom and IT market. Such services comes to reflect the 2030 Vision aspirations in...

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Business & Money | Monday 19 December, 2016 3:11 pm

Asiacell, the IRC and Ericsson win Best Corporate Social Responsibility Initiative

Asiacell, the International Rescue Committee (IRC) and Ericsson, won the ‘Best Corporate Responsibility Initiative” honor at the Telecom Review Excellence Awards 2016 event that took place in Dubai on December 13th. To help reach crisis-affected children, Ericsson has partnered with...

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Business & Money | Monday 19 December, 2016 2:45 pm

Dubai's RTA Awards Avaya a Strategic Contract

Dubai's Roads and Transport Authority (RTA) today announced that Avaya, a global leader in business communications software, systems and services, had won a three-year strategic contract to support the RTA's 8009090 Contact Center operations under a managed services agreement. The...

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Business & Money | Monday 19 December, 2016 2:41 pm

King Abdullah Medical City Transforms the Patient Experience with Avaya Technology

Avaya has today announced that it has been awarded a contract by King Abdullah Medical City (KAMC), a leading referral specialist hospital in Saudi Arabia, to deliver unified communications and contact centre solutions. This solution is designed to enhance the healthcare experience at KAMC for ...

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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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Technology & IT | Monday 19 December, 2016 2:27 pm

BlackBerry Secures Global Smart Phone Software and Brand Licensing Agreement with TCL Communication

BlackBerry Limited and TCL Communication Technology Holdings Limited (“TCL Communication”) announced that they have entered into a long-term licensing agreement, providing acceleration to BlackBerry’s transition into a security software and services company. Under the terms of the ...

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Cars & Autos | Monday 19 December, 2016 2:24 pm

Almajdouie Motors – Changan opens its latest center in Jeddah

Almajdouie Motors, dealer of "Changan" cars in Saudi Arabia, opens its latest integrated center in Jeddah; for serving customers of "Changan" cars in the Western region.   The new Center is the 3rd main branch opened Kingdom wide, after the opening of Riyadh and...

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