Business & Money | Sunday 6 September, 2015 12:47 pm

Global Retail Sales to Reach USD 23 Trillion by 2025

Global retail sales could reach USD 23 trillion by 2025, with online retail sales at USD 4.3 trillion - nearly 20 per cent of the global total - according to a report by Frost & Sullivan released today in the build-up to GITEX Technology Week 2015.   In the Middle East, 2016 will be...

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Business & Money | Sunday 6 September, 2015 12:40 pm

Airbus Middle East, Airbus ProSky and Arab Civil Aviation Commission (ACAC) sign a MoC

The link between the growth of aviation sector and the Middle East and North Africa’s economic growth cannot be ignored. Many of the national airlines regionally are preparing for expansive growth over the next decade and beyond, projected in the range of five percent or more annually. As a...

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Business & Money | Sunday 6 September, 2015 12:37 pm

Red Hat Announces Participation at IDC CIO Summit 2015 in Riyadh

Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, has announced its participation at the upcoming IDC CIO Summit 2015 taking place at the Four Seasons hotel, Kingdom Centre Riyadh from September 8-9, 2015. The company will demonstrate its open, hybrid cloud...

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Business & Money | Sunday 6 September, 2015 12:34 pm

Saudi Fransi Capital successfully closes SAR 1.0 billion maiden Sukuk Issuance for Abdullah Al Othaim Real Estate

Saudi Fransi Capital  announces the successful closing of the SAR 1.0 billion five year Sukuk offering on behalf of Abdullah Al Othaim Real Estate Investment and Development Company “OREIDCO”.  The Sukuk (senior secured) has been issued through OREIDCO Sukuk Limited, by way of ...

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Business & Money | Sunday 6 September, 2015 5:11 am

Minister of Social Affairs honors Mobily for Supporting “Naqa” Association

His Excellency, the minister of Social Affairs, Dr Majed Al Qasabi honored Etihad Etisalat, Mobily for its support of the charity Anti- Smoking Association “Naqa”. This comes on the sidelines of the “Naqa” Association’s launch ceremony of endowments projects in the...

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Business & Money | Sunday 6 September, 2015 12:18 am

Taiwan Excellence Days Returns to Dubai

The Taiwan External Trade Development Council (TAITRA), under the support of Taiwan’s Bureau of Foreign Trade (MOEA), will host their annual Taiwan Excellence Days global tour in Dubai from the 9th to 12th of September 2015. Taiwan Excellence Days is a global initiative to build recognition...

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Business & Money | Saturday 5 September, 2015 4:40 pm

BT Al Saudia partners with Vision Solutions (Double Take) to drive market growth

 BT Al Saudia, a leading provider of managed networked IT services in Saudi Arabia, announced a reseller partnership with Vision Solutions, a leader in providing replication, availability and disaster recovery software and services. Under the terms of the agreement, BT Al Saudia will...

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Business & Money | Saturday 5 September, 2015 4:36 pm

Launch of Annual Symposium on Islamic Economics and Finance

The World Bank Group`s Global Islamic Finance Development Center (GIFDC) announced today the launch of its Annual Symposium on Islamic Economics and Finance. The symposium is organized by GIFDC in partnership with Borsa İstanbul, Islamic Development Bank (IDB), Islamic Research and Training...

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Business & Money | Saturday 5 September, 2015 4:33 pm

DPQ COMMUNICATIONS REBRANDS AS Q COMMUNICATIONS

Dubai-based integrated PR and digital communications consultancy, DPQ Communications has rebranded as Q Communications as it announces a bold and exciting new operation in Abu Dhabi, the first step in its expansion programme across the Gulf Cooperation Council (GCC). The consultancy has expanded ...

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Business & Money | Saturday 5 September, 2015 2:53 pm

International Investment Bank Appoints Subhi F. Benkhadra as the New CEO

Bahrain based International Investment Bank announces the appointment of Mr. Subhi F. Benkhadra as the new Chief Executive Officer.  Mr. Benkhadra, previously the Chief Executive Officer of Abu Dhabi based Baniyas Investment & Development Company, replaces Mr. Fareed Bader, the acting...

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