Business & Money | Wednesday 10 May, 2017 5:35 am

Doha Bank Exchange Traded Fund (Etf) in Final Phase

Qatar Exchange and HSBC organized the Annual Investment Forum 2017 on 8-9 May 2017 at New York Palace Hotel.  Mr. Rashid Ali Al-Mansoori, Qatar Exchange CEO   said, “Qatar exchange aims to provide more products this year to encourage investments from global investors. The...

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Business & Money | Wednesday 10 May, 2017 5:25 am

Saudi deflation continues for third consecutive month: Report

Deflation in Saudi Arabia continued for the third consecutive month and reached 0.4 percent, up from 0.1 percent in February, said a Jadwa Investment report issued on Sunday.  Although foodstuffs registered deflation, it was at a slower year-on-year rate of 2.7 percent, compared to 3.4...

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Business & Money | Wednesday 10 May, 2017 5:17 am

Sheraa Partners with Crescent Enterprises to Develop Region’s Social Entrepreneurship Ecosystem

As part of its commitment to supporting the growth of socially-conscious entrepreneurs in the region, Sheraa - a launch pad for aspiring entrepreneurs in the United Arab Emirates – has entered in to an exclusive strategic partnership with Crescent Enterprises, the founding partner for...

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Business & Money | Wednesday 10 May, 2017 5:16 am

Al-Rajhi properties auctioned for $172m

The value of the first auction held to sell the estate of Saudi businessman Saleh bin Abdulaziz Al-Rajhi amounted to more than SR644 million ($172 million). The auction was held Saturday evening at the InterContinental Hotel in Riyadh to sell four properties left by Al-Rajhi. The first, Toarn...

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Business & Money | Wednesday 10 May, 2017 5:02 am

StarLeaf Raises $40 Million to Accelerate Worldwide Growth in Video Conferencing Market

StarLeaf, the leading cloud platform for enterprise video conferencing and calling services, raises $40 million in funding from Highland Europe, Grafton Capital and the founders, marking the first time the company has taken outside investment. StarLeaf will use the new funds to support its...

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Business & Money | Tuesday 9 May, 2017 4:19 pm

Mazagan hails Emirates airline’s decision to run Airbus A380 on Morocco route

Mazagan Beach and Golf Resort, the leading tourism destination in Morocco, has welcomed Emirates airline’s announcement to run Airbus A380 aircraft on Casablanca flights, starting previous March, thus boosting the seats to 1,834 seats weekly, in three configurations.   In a...

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Business & Money | Tuesday 9 May, 2017 12:51 pm

Majid Al Futtaim Breaks New Ground in Sharjah with City Centre Al Zahia

Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, today officially broke ground on what will be the company’s largest mall within the UAE’s third-largest emirate – City Centre Al Zahia in Sharjah. Once...

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Business & Money | Tuesday 9 May, 2017 12:49 pm

LogRhythm Announces Technology Alliance Partner (TAP) Program

LogRhythm, The Security Intelligence Company, today announced the launch of its new Technology Alliance Partner (TAP) Program. The program is designed to foster interoperability to deliver a more complete security solution for customers, and build awareness around the value of robust technology...

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Business & Money | Tuesday 9 May, 2017 5:30 am

Using ‘Subscriber and Artificial Intelligence’ can boost UAE and GCC operator revenues

The traditional telecoms industry is going through massive disruption. Traditional revenue streams for communication service providers (CSPs) are on a decline, while stagnant regulations threaten market nimbleness.   While the telecoms industry is facing increasing pressure on...

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Business & Money | Tuesday 9 May, 2017 4:33 am

DAMAC Properties Fosters Entrepreneurial Talent

DAMAC Properties, one of the region’s largest luxury real estate developers, has recently organised a field trip for 50 master’s students from the Kingston University London who were in Dubai on an educational visit. The initiative comes as part of DAMAC’s on-going collaboration...

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