Business & Money | Tuesday 14 February, 2017 11:03 am

Ferrostaal Group Formally Establishes Cyber-Security Practice in Middle East

Ferrostaal Group, a leading provider of industrial solutions around the globe, recently announced the opening of Ferrostaal Technology Solutions L.L.C. (FSTS), its cyber-security focused systems integration division. With headquarters in Dubai Silicon Oasis, the new division will leverage...

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Business & Money | Monday 13 February, 2017 3:40 am

General Entertainment Authority attends 2017 World Government Summi

The Saudi General Entertainment Authority, the champion of entertainment in Saudi Arabia, has participated in the Global Dialogue for Happiness, which took place at this year’s World Government Summit in Dubai. The World Government Summit is a global platform dedicated to shaping the...

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Business & Money | Monday 13 February, 2017 3:00 am

FireEye Appoints Kevin Taylor to Lead Europe, Middle East and Africa Business

  FireEye the intelligence-led security company, announced Kevin Taylor has been appointed Vice President for Europe, the Middle East and Africa (EMEA). In his new role, Taylor oversees FireEye’s business operations and sales across the EMEA region. He is based at the company’s...

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Business & Money | Monday 13 February, 2017 1:48 am

DAMAC Properties Reaffirms Position as Luxury Master Developer with Premier Golf Community ‘DAMAC Hills’

DAMAC Properties, a leading luxury real estate developer in the region, today announced a significant number of milestones achieved at its premiere golf master planned community, ‘DAMAC Hills’, featuring Trump International Golf Club Dubai at its...

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Business & Money | Monday 13 February, 2017 12:29 am

A stressful 2016 tempers optimism, according to annual Deloitte global survey of 8000 millennials

A turbulent 2016—punctuated by terror attacks in Europe, Brexit, and a contentious US presidential election—appears to have rattled millennials’ confidence, according to Deloitte’s sixth annual Millennial Survey. They indicate they are less likely to leave the security of...

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Business & Money | Monday 13 February, 2017 12:06 am

Consortium buys billion dollar stake in Arab Bank Group

  Baker McKenzie advised a consortium led by Arab Bank Chairman Sabih al Masri, in acquiring a 20% stake in Arab Bank Group from Oger Middle East Holdings.   A consortium of investors bought a 20 percent stake in Arab Bank Group for $1.12 billion. These were led by Arab Bank...

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Business & Money | Sunday 12 February, 2017 12:17 pm

Annual Investment Meeting (AIM 2017) to focus on capacities and challenges of Foreign Direct Investments (FDI)

  According to UNCTAD’s World Investment Report 2016, FDI inflows to developingeconomies reached a new high of $765 billion in 2015, 9 per cent higher than the previous years. Focusing on FDI capacity, The Annual Investment Meeting which will be held in Dubai from 2nd- 4th April...

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Business & Money | Sunday 12 February, 2017 11:56 am

BCG Strengthens Its Telecom and Industrial Goods Practice Areas with the Addition of Two New Partners

As it continues to accelerate growth in the Middle East, strengthening its market position and catering to developing segments in the region, The Boston Consulting Group (BCG) has announced the appointment of two new partners to its Middle East partner team. Oscar Ruiz has joined as a partner in...

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Business & Money | Sunday 12 February, 2017 9:58 am

Over 124,000 Middle East Jobs Were Available on Bayt.com in 2016

The leading job site in the Middle East, Bayt.com, had more than 124,000 jobs available in 2016. Job seekers in the region directly applied for these vacancies. This number does not include the thousands of additional jobs that employers filled by searching for CVs on Bayt.com, instead of posting...

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Business & Money | Sunday 12 February, 2017 2:21 am

Al Mal Capital acquires US-based Poinsettia Plaza shopping centre

Al Mal Capital PSC, a subsidiary of Dubai Investments PJSC and a diversified, multi-line investment institution headquartered in Dubai, has announced the acquisition of Poinsettia Plaza – the 153,000 square feet neighborhood shopping centre located in Ventura, California.   The...

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