Business & Money | Tuesday 19 February, 2019 12:25 am

Al-Ghazali Trade Receives “Best Watch Presentation 2019” Award for MIDO Swiss Watches

Al-Ghazali Trade, MIDO Swiss Watches’ agent in Saudi Arabia, received the “Best Watch Presentation 2019” Award for MIDO watches among the agent groups of Saudi Arabia, Kuwait and Dubai. The celebration was held in the city of Prague of the Czech Republic, and in it the executive...

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Business & Money | Monday 18 February, 2019 3:39 pm

Choithrams signs MOU with India’s Future Consumer Ltd

  T Choithrams & Sons, the Middle East’s leading supermarket chain has signed a Memorandum of Understanding (MOU) with Future Consumer Limited (FCL), a major player in the food and Fast-Moving Consumer Goods (FMCG) market in India. FCL and Choithrams have identified an...

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Business & Money | Monday 18 February, 2019 3:37 pm

Bahri showcases state-of-the-art maritime logistics offerings at IDEX and NAVDEX 2019

Demonstrating its commitment to advancing growth of maritime industry and improving security in logistics business, Bahri, a global leader in logistics and transportation, is exhibiting at the 2019 edition of International Defence Exhibition (IDEX) and Naval Defense and Maritime Security...

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Business & Money | Monday 18 February, 2019 1:15 pm

Emirates NBD partners with noqodi to facilitate electronic payments for businesses

Emirates NBD has tied up with noqodi, a leading payment gateway and financial service provider in the UAE, engineered by emaratech, to enable businesses to make electronic payments for a range of government services.  Through the new partnership, Emirates NBD’s corporate clients can...

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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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