Business & Money | Tuesday 28 March, 2017 8:57 am

New tax regime to boost Aramco IPO value

Saudi Arabia approved Monday a new tax regime for oil and natural gas producers in the Kingdom, which will boost Saudi Aramco’s valuation as it plans to sell shares in its initial public offering (IPO) next year. Under the new regime, hydrocarbon companies in Saudi Arabia will be taxed...

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Business & Money | Tuesday 28 March, 2017 4:30 am

“Business for Better” provides students AED 200,000 seed funding to launch start-ups

Students and graduates from UAE-based universities can now pitch their innovative ideas for prizes worth AED 200,000 in seed-funding as part of “Enterprising Youth: Business for Better,” an initiative launched by American University of Sharjah (AUS), Al Ansari Exchange, Western Union,...

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Business & Money | Tuesday 28 March, 2017 4:10 am

Dubai Investments assets in manufacturing grows to AED 3.05 billion; contributes to UAE’s non-oil GDP

Dubai Investments PJSC [DFM: DIC], the leading, diversified investment company listed on the Dubai Financial Market, has achieved consistent growth in its manufacturing business with total assets in the sector increasing to AED 3.05 billion, constituting 19% of the company’s total assets...

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Business & Money | Tuesday 28 March, 2017 2:30 am

ADCP Awarded the OHSAS 18001:2007 Certification in Health and Safety Standards

Abu Dhabi Commercial Properties (ADCP), a subsidiary of Abu Dhabi Commercial Bank (ADCB) has recently been awarded with the OHSAS 18001:2007 Certificate by Lloyd’s Register Quality Assurance (LRQA) Ltd., a leading international certification body. The receipt of the certification is a...

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Business & Money | Tuesday 28 March, 2017 1:35 am

Annual Investment Meeting (AIM 2017) announces the launch of a new mobile app to facilitate communications

The Annual Investment Meeting (AIM 2017) which will take place in Dubai from 2nd- 4th April 2017, has announced the launch of its new multi-event mobile app – an additional benefit to tailor individual experiences for its attendees and exhibitors. The app features an interactive and...

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Business & Money | Monday 27 March, 2017 12:59 pm

Middle East Cyber Security Summit 2017 kicks off in Riyadh

The 3 rd Annual Middle East Cyber Security 2017 was successfully launched at the Riyadh Marriott Hotel, Saudi Arabia today. The event is organized by Nispana Innovative Platforms in association with DNJ, Saudi Arabia. The theme is “Critical infrastructure information protection - key to cyber ...

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Business & Money | Monday 27 March, 2017 11:34 am

KPMG’s RESTRUCTURING CONFERENCE IN RIYADH

KPMG Al Fozan & Partners has organized a conference in Riyadh to discuss issues and views on restructuring in the Kingdom of Saudi Arabia. Titled ‘Let’s meet challenges head-on’, the event will take place on Monday 27 March 2017 at the Ritz Carlton Hotel in Riyadh, from 6:00...

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Business & Money | Monday 27 March, 2017 10:37 am

The First Group Showcases Unparalleled Opportunities in Dubai’s Booming Property Sector to Chinese Investors

Leading developer The First Group is showcasing the unrivalled opportunities in Dubai’s property market to Chinese investors at this week’s Dubai Property Show in Shanghai. The British-owned firm, which is one of Dubai’s most respected international hotel & property...

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Business & Money | Monday 27 March, 2017 10:15 am

SMEs at risk of digital exclusion, says ICAEW

Smaller businesses could be excluded from Government plans to make tax transactions digital according to new research from ICAEW. The accountancy and finance body says smaller companies and many individuals will not have the necessary tools or know-how to make the shift, and will end up incurring...

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Business & Money | Monday 27 March, 2017 9:24 am

Partnership with private sector key to aid women: Saudi Labor official

Asmaa Abdullah Al-Khamis, director of the women’s empowerment department at the Ministry of Labor and Social Development’s Agency for Social Security, said that a public-private partnership is a strategy for the ministry in its transformation from a provider to developer. She said the...

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