Business & Money | Sunday 6 January, 2019 5:44 pm

Dubai Investments confirms AED 460 million Fujairah Business Centre project ahead of schedule

Dubai Investments PJSC has announced that work on the AED 460 million Fujairah Business Centre project, developed by its joint venture entity Al Taif Investment, is 20.5% complete and on track to finish in June 2020, well ahead of its scheduled completion date of Q4 2020.   The joint...

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Business & Money | Sunday 6 January, 2019 3:47 pm

Minister of Infrastructure Development opened ArabPlast 2019

His Excellency Dr Abdullah bin Mohammed Belhaif Al Nuaimi, UAE Minister of Infrastructure Development opened today (Sunday, 6 January 2018) at the Dubai International Convention and Exhibition Centre ArabPlast 2019, the biggest plastics, petrochemicals and rubber industry exhibition in the Middle...

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Business & Money | Sunday 6 January, 2019 12:46 pm

Bayt.com: Establishing a successful career is a main source of happiness for UAE female professionals

A new survey conducted by Bayt.com – the Middle East’s #1 Job Site – and YouGov – global online market research company – titled Working Women in the MENA, revealed that financial independence (57%) is a key reason women enter the workforce in the UAE. 48% female...

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Business & Money | Sunday 6 January, 2019 11:27 am

Madinah governor signs agreement with refining firm to support academy project

Madinah Gov. Prince Faisal bin Salman signed an agreement with Yanbu Aramco Sinopec Refining Company (YASREF) to support the Madinah Global Academy (Madak) project. Prince Faisal extended his appreciation to YASREF for its work to support sustainable development, including the Madak...

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Business & Money | Sunday 6 January, 2019 9:51 am

Al Yusr Signs “Al Yusr Baitak Financing Fund” Investment Agreement with Saudi Kuwaiti Finance House (SKFH)

Al Yusr Leasing and Financing Company has signed a Wakala investment agreement with Saudi Kuwaiti Finance House Company (SKFH), under which Al Yusr Leasing and Financing Company became the investment agent for Al Yusr Baitak Financing Fund that was recently launched by SKFH in a private and closed...

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Business & Money | Saturday 5 January, 2019 1:55 pm

Saudi delegation explores investment avenues in Pakistan’s Port of Gwadar

A high level Saudi business delegation paid a visit to the Pakistani Port of Gwadar. The delegation, led by Ahmad Al-Gamdi, adviser of minister of energy, investment and mineral resources, included several businessmen and members of the Saudi Council of Chambers. This was the first high profile...

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Business & Money | Saturday 5 January, 2019 1:47 pm

Efforts to promote safety on Saudi Arabia’s roads highlighted

Saudi Arabia’s Minister of Transport Nabeel Al-Amoudi visited a number of pavilions linked to the transport sector at the 33rd Janadriyah Festival on Friday. The Transport Ministry’s pavilion introduces visitors to the ministry’s efforts to promote safety and security on Saudi...

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Business & Money | Saturday 5 January, 2019 1:05 pm

Dubai Customs participates in “Saving Digital Customs in the Arab World” Conference in Amman

Dubai Customs participated in “Saving Digital Customs in the Arab World” Conference in the Jordanian capital Amman, which aimed to spread successful practices in customs field.  Hussam Juma, Director of Service Innovation Department delivered a presentation on the enterprise...

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Business & Money | Saturday 5 January, 2019 1:00 am

Innovation and technology form the basis of discussion at ArabPlast 2019

The GCC’s petrochemicals, plastics and rubber producers discussed innovation strategies at ArabPlast 2019 as a key business priority, indicating that the advancement, improvement and modernisation of the sector is a top priority. “Over the past few years, the GCC’s...

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Business & Money | Friday 4 January, 2019 12:00 pm

Airbus says finalises $11bn in sales of A220 jets

European aircraft manufacturer Airbus said it had finalised the sale of 120 A220-300 single-aisle jets worth $11-billion.  Sixty of the aircraft would go to low-cost US carrier JetBlue and another 60 to a start-up codenamed Moxy that is to begin operations in 2021, Airbus said. Airbus...

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