Business & Money | Thursday 2 February, 2017 12:38 am

Kingdom, Japan to step up economic cooperation

Saudi Arabia and Japan have agreed to exchange information and technical expertise to promote new areas of economic and investment cooperation between the two countries. Representatives of the Japan Cooperation Center for the Middle East (JCCME) and key officials of the Council of Saudi Chambers...

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Business & Money | Thursday 2 February, 2017 12:29 am

Investment scope in the Kingdom is broad and limitless: Al-Qassabi

Majid Al-Qassabi, minister of Commerce and Investment, told the members of the visiting Joint Bosnian-Serb delegation here on Monday that the investment scope in the Kingdom is broad. The minister was addressing members of the visiting delegation at the ministry’s headquarters. The first...

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Business & Money | Wednesday 1 February, 2017 5:52 pm

IDE announces exciting activities and various economic sectors oriented events

IDE, the global leading procurement firm, has announced a promising agenda for 2017, scheduling 8 summits in the hospitality, real estate, education and healthcare sectors across India, Africa, Middle East and Europe. IDE has indeed organised 11 big events during the previous year with a total...

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Business & Money | Wednesday 1 February, 2017 1:31 pm

Nakheel declares highest annual net profit in its history at AED4.96 billion in 2016

Nakheel today announced its highest annual net profits in the company’s history: AED4.96 billion in 2016 – a 13 per cent increase on the 2015 net profit of AED4.38 billion. Nakheel generated a net profit of AED955 million for the last quarter of 2016 – up 22 per cent on the...

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Business & Money | Wednesday 1 February, 2017 12:43 pm

The Company for Cooperative Insurance (Tawuniya) was honored as the most innovative insurance company of 2016

At an event held in Dubai on January 26, 2017 by the International Finance Magazine (IFM), the leading source of information, analysis and insights for the global finance community. The IFM event was attended by government officials, CEOs and top executives from both the public and private sectors...

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Business & Money | Wednesday 1 February, 2017 12:06 pm

Business confidence in DIFC Courts reflected in 2016 case value growth

 2016 was another record year for the DIFC Courts as Dubai’s established English-language commercial courts handled cases totalling AED5.85 billion (USD1.59 billion), up 5 per cent year-on-year.     The main Court of First Instance (CFI) handled approximately the...

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Business & Money | Wednesday 1 February, 2017 11:10 am

Strategic Partnership between Al Borg Medical Laboratories and Fitness Time Centers in Saudi Arabia

Based on its excellence of providing medical lab tests and its leading role in community services, Al Borg Medical Laboratories has announced signing a strategic partnership agreement with “Leejam Sports Company” which owns and manages the series of the “Fitness Times...

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Business & Money | Wednesday 1 February, 2017 4:52 am

Home Centre Ranked Top Retailer in Siegel+Gale’s Global Brand Simplicity Index for the Middle East

Home Centre, the region’s leading home retailer, has been identified as the best in its class for providing consumers with a seamless and convenient shopping experience in Siegel + Gale’s Global Brand Simplicity Index for the Middle East. . Having earned the tenth rank on the index,...

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Business & Money | Wednesday 1 February, 2017 4:47 am

Imdaad reveals AED 60 million investment plan for 2017

Imdaad, the GCC’s leading integrated facilities management (FM) company based in Dubai, has revealed that it will invest AED 60 million this 2017 to achieve growth via targeted acquisition of local firms. The announcement was made during a press conference held today (Tuesday, January 31,...

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Business & Money | Wednesday 1 February, 2017 1:40 am

Grohe AG gains certification for its energy management system

Sustainability and energy efficiency are of great importance to Grohe AG. The sanitary manufacturer continues to improve its sustainability profile, which is rooted in long-standing experience and expertise, a commitment reflected in numerous accolades and awards. The company’s most recent...

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