Business & Money | Monday 18 February, 2019 11:47 am

ENOC Group signs JV with Proserv Egypt to establish ‘ENOC Misr’

ENOC Group signed a joint venture (JV) agreement with Proserv Egypt to set up ENOC Misr, its first on-ground operations in the lubricants sector in Egypt.   The agreement marks ENOC Group’s physical presence in Egypt as part of its wider plans to expand internationally into key...

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Business & Money | Monday 18 February, 2019 11:34 am

Jabal Omar Development Company ends its fiscal year 2018 with a net profit of SAR 193.78 Million

Jabal Omar Development Company, one of the largest real estate developers in the Middle East and one of the largest listed companies in the Saudi stock market (Tadawul), announced a net profit of SAR 193.78 million for the year ending 2018. The net profit increased by 245% due to off-plan...

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Business & Money | Monday 18 February, 2019 7:35 am

Red Sea Mall hosts educational events

Out of its belief in the need to educate the public on various useful issues, Red Sea Mall (RSM) recently hosted a number of social responsibility events, including an “awareness campaign on marine pollution”, an “awareness campaign on cervical cancer”, and a campaign...

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Business & Money | Monday 18 February, 2019 3:10 am

F&B spending to account for 8.9% of GDP by 2023

Worldwide consumption of food and beverages will account for 8.9 per cent of GDP by 2030 – up from today’s 8.5 per cent - according to the Gulfood Global Industry Outlook Report 2019 released today at the world’s largest annual food and beverage trade exhibition. With the...

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Business & Money | Monday 18 February, 2019 2:30 am

Bayt.com Launches a New Era for Candidate Evaluation with Evalufy

Bayt.com, the Middle East’s leading jobsite, announced the launch of “Evalufy,” an all-new video assessment platform. With the release of this platform, companies across the world can now streamline various stages of the recruitment and candidate screening processes through...

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Business & Money | Monday 18 February, 2019 1:28 am

Emirates NBD ranked UAE’s top banking brand with a value of USD 4.04 billion

Emirates NBD, a leading bank in the region, today announced its position as the UAE’s most valuable banking brand with a USD 4.04 billion brand valuation in The Banker’s annual brand valuation league table. The bank also secured a spot among the top 100 global banking...

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Business & Money | Monday 18 February, 2019 1:09 am

600,000 Saudi women join workforce, says official

Efforts to empower Saudi women by absorbing them in the job market have been successful, according to a top official of the Ministry of Labor and Social Development. Nawal Abdullah Al-Thabian, assistant director general of the ministry’s branch in Makkah province, has said some 600,000...

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Business & Money | Sunday 17 February, 2019 4:54 pm

ADCB Hayyak - The new app from ADCB that offers instant account opening

Abu Dhabi Commercial Bank (ADCB) launches its paperless account opening app in the UAE called ADCB Hayyak. “Hayyak” which means “welcome” is an app that enables customers to quickly, conveniently and securely open an ADCB account and receive their debit cards and cheque...

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Business & Money | Sunday 17 February, 2019 4:33 pm

Gulfood 2019 officially open

The five-day exhibition, which runs until Thursday 21 February, has once again attracted high-calibre interest including ministers, top trade envoys and national organisations from the four corners of the globe. The show offers a platform for game-changing business deals, new market opportunities...

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Business & Money | Sunday 17 February, 2019 3:26 pm

The European Union highlights the quality, safety and authenticity of agricultural food and beverage products at Gulfood 2019

The European Union (EU), the world’s leading exporter and importer of agricultural food and beverage products, is present at Gulfood this year with its own Pavilion, showcasing the safety, quality, and authenticity of EU agricultural food and beverage products.  The EU Commissioner...

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