Business & Money | Wednesday 12 August, 2015 7:58 am

Saudi Arabia and Egypt continue strong IPO performance in H1 2015

H1 2015 saw 11 IPOs in the Middle East and North Africa (MENA) region, raising capital of over US$2.4b, according to EY’s MENA IPO Eye – H1 2015. Deal volume decreased by 31% and proceeds raised decreased by 1% in H1 2015, compared with H1 2014. Egypt and Saudi Arabia witnessed the...

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Business & Money | Wednesday 12 August, 2015 5:21 am

Jobs boost as HRDF signs deals with 23 universities

The Human Resources Development Fund (HRDF) has signed agreements with 23 universities in the Kingdom to help graduates find jobs in the local market, thanks to the initiative by the Ministries of Labor and Education.  Ibrahim Al-Moaiqel, director general of HRDF, signed the accords with...

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Business & Money | Tuesday 11 August, 2015 3:40 pm

Top Qatar companies and stakeholders back MEED transport forum

Top Qatar companies and stakeholders are lending their support to the MEED Qatar Transport Forum. This forum, endorsed by H.E. Sheikh Abdullah bin Nasser Al Thani, Prime Minister and Minister of Interior in Qatar and hosted by the Ministry of Transport (MOT) will take place at the Sheraton Resort...

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Business & Money | Tuesday 11 August, 2015 2:29 pm

Lexus Creates Hoverboard of the Future

A Lexus has always been a vehicle that rides on wheels, in contact with the ground. Until now. This summer a new Lexus takes flight, bringing the stuff of science fiction closer to real world fact with Lexus creating one of the most advanced Hoverboards ever developed in  partnership with...

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Business & Money | Tuesday 11 August, 2015 12:37 pm

Grandweld Signs New Ship Building Contracts

 Grandweld Shipyards has signed 4 new contracts to design, build and deliver four 42m Crew Boats for Global Marine. The contract was signed in July 2015 between Mr.Jamal Abki, Grandweld General Manager, and Mr.Shahram Nazemi, Global Marine Managing Director. The vessel features a...

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Business & Money | Tuesday 11 August, 2015 8:27 am

Saudi govt bond sales spur investors’ interest

Saudi Arabia’s government bond sales are boosting the stock market, says a top Riyadh-based economist. “Tadawul reacted positively to the latest bond issuance program that was initiated,” John Sfakianakis, Middle East director at Ashmore Group, told Arab News. “From a...

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Business & Money | Tuesday 11 August, 2015 8:23 am

Middle East e-commerce Valued at 4.9 Billion US Dollars

The rapidly evolving e-commerce in the Middle East has grown tremendously over the last decade. In May 2013, Go-Gulf designed an infographic estimating that the value of e-commerce in the Middle East in 2015 would reach 4.9 billion US dollars. As the second half of the ...

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Business & Money | Tuesday 11 August, 2015 7:59 am

Tejari Unlocks the Power of Procurement with Launch of BravoAdvantage

Tejari, the strategic procurement company, has released BravoAdvantage, its next-generation procurement platform that enables organizations to generate more value, influence innovation and reduce risk across the supply chain.  Unlike traditional spend management and procure-to-pay solutions,...

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Business & Money | Tuesday 11 August, 2015 12:49 am

WWE® to “Answer the Call” for Families of Fallen NYC Heroes

WWE is joining forces with Hollywood celebrities and professional athletes through a global online auction on Charitybuzz.com, featuring unique, once-in-a-lifetime experiences in support of “Answer The Call,” the New York Police and Fire Widows’ and Children’s Benefit...

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Business & Money | Tuesday 11 August, 2015 12:35 am

3M Introduces New Cutting and Grinding Solution for Automotive Industry in the Gulf

3M™ Cubitron™ II  technology for Weld Removal, Grinding, Paint Removal and Panel Cutting/Sectioning  3M Automotive Aftermarket Division recently launched 3M™ Cubitron™ II  technology which aims to help collision repair professionals increase productivity,...

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