Business & Money | Thursday 15 November, 2018 2:07 pm

Cultural Diplomacy, Technology and Gender Balance Dominate Discussions at Inaugural Abu Dhabi Diplomacy Conference

Under the patronage of His Highness Sheikh Abdullah bin Zayed Al Nahyan, UAE Minister of Foreign Affairs and International Cooperation, the inaugural two-day Abu Dhabi Diplomacy Conference successfully concluded today. Hosted by the Emirates Diplomatic Academy (EDA), the Conference convened more ...

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Business & Money | Thursday 15 November, 2018 12:53 pm

MaK Middle East brings value to the region through Quality, Excellence and Innovation

As a direct distributer of Caterpillar Inc.’s medium speed products in the Middle East, MaK Middle East continues to fortify its position in the region through a highly skilled team and exceptional service standards MaK Middle East LLC, a Caterpillar company established in Dubai in 2017,...

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Business & Money | Thursday 15 November, 2018 5:13 am

Misk, GSA sign deal to raise society practicing sport

The General Sports Authority, represented by the Saudi Federation for Community Sports, signed a cooperation agreement with Misk Charity Foundation. Princess Reema Bint Bandar, chairperson of the Saudi Federation for Community Sports, and Mohammed Al-Assaker, chairman of the board of the...

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Business & Money | Thursday 15 November, 2018 5:00 am

Middle East Glass, Announces the Successful Sale of a 74% stake in its PET subsidiary

Gulf Capital, one of the largest and most active alternative asset managers in the Middle East, announced today that its portfolio company, Middle East Glass (“MEG”), successfully sold a 74% stake in its PET subsidiary, Medco Plast for Packing and Wrapping Systems (“Medco...

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Business & Money | Thursday 15 November, 2018 3:12 am

Experts to discuss Saudi steel industry at Riyadh forum

The Saudi International Iron and Steel Conference, organized by the National Committee for Steel Industry, will be held in Riyadh in March 2019 as part of efforts to develop and promote growth in the Saudi steel industry. The event, the first international steel summit in the Kingdom, will bring...

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Business & Money | Thursday 15 November, 2018 2:09 am

Saudi Arabia rises in English proficiency ranking

Saudi Arabia has improved its ranking on the English proficiency index, a conference in the Kingdom heard on Wednesday. The United Arab Emirates (UAE) holds the highest ranking among the Gulf Cooperation Council (GCC) countries, ranking 71 globally and scoring 47.27. EF Education First, a global...

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Business & Money | Thursday 15 November, 2018 1:58 am

The Next Potential Arab Unicorn Selected by Harvard

360 VUZ, The UAE based virtual reality and 360degree live video startup pioneer, made it to the shortlist of the Start Up Pitch Competition, which is part of one of the largest Pan-Arab conferences in North America, the Arab Conference at Harvard Business School...

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Business & Money | Wednesday 14 November, 2018 3:48 pm

Emaar named 'most recommended' brand in Saudi Arabia

The UAE’s flag carrier airline Emirates, real estate company Emaar and smartphone giant iPhone are the most recommended brands by consumers in the UAE, Saudi Arabia and Egypt, respectively.  While the rankings in the UAE and Egypt are dominated by digital and technology brands,...

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Business & Money | Wednesday 14 November, 2018 3:01 pm

GE presents integrated roadmap in line with the Ministry of Energy and Water’s strategic plan to strengthen Lebanon’s power sector

GE (NYSE: GE) presented a comprehensive roadmap to support the 2010 Ministry of Energy and Water’s plan for the development of Lebanon’s power sector from the point of generation, to transmission, distribution and consumption at a seminar themed ‘Powering Lebanon Forward’....

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Business & Money | Wednesday 14 November, 2018 2:49 pm

Emaar records 30% growth in revenue to AED 17.390 billion (US$ 4.735 billion)

Emaar Properties PJSC (DFM: EMAAR)recorded a revenue of AED 17.390 billion (US$ 4.735 billion) in the first nine months of 2018, which is 30 per cent higher than the revenue of AED 13.351 billion (US$ 3.635 billion) during the same period in 2017, led by the robust growth achieved by Emaar...

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