Business & Money | Tuesday 11 December, 2018 12:52 pm

DAMAC awards AED 40m contract to Proscape for AKOYA Oxygen

DAMAC Properties has awarded a contract worth AED 40 million to Proscape, a member of the Tanseeq Investment Group of Companies, at its 55-million-square-foot community, AKOYA Oxygen. The contract covers roads and infrastructure works at Aquilegia, a 207,000 square-meter cluster. Aquilegia...

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Business & Money | Tuesday 11 December, 2018 11:49 am

Emaar launches business development operations in China

Emaar, the developer of the iconic Burj Khalifa and the upcoming Dubai Creek Tower, has commenced business development operations in China. This follows the announcement in July of the company’s expansion to the country, coinciding with the coinciding with the historic visit of President Xi...

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Business & Money | Tuesday 11 December, 2018 11:00 am

Al Riyadh to Host the Seventh “Dakakeen Al-Shita’a 2018” Charity Exhibition

Dr. Wafaa bint Abdullah Al-Rasheed, the founder of Dakakeen, pointed out that the seventh edition of "Dakakeen Al-Shita’a 2018" charity exhibition comes within the framework of empowering Saudi women and enhancing their role in the national economy in line with Vision2030. This...

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Business & Money | Tuesday 11 December, 2018 10:38 am

Jetex Now the Exclusive Dealer in the Middle East for Hi-Tech New HondaJet

Jetex is bringing the next-generation in advanced private jets to the Middle East after striking an agreement with Honda Aircraft Company to become the exclusive authorized dealer for the region. The deal means Jetex is now the manufacturer’s sole representative for the new HondaJet...

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Business & Money | Tuesday 11 December, 2018 4:00 am

Careem hosts first edition of Captain’s Excellence Award Ceremony in Riyadh

Careem, the region’s leading technology platform for the Greater Middle East, held the first edition of its Captain’s Excellence Award Ceremony in Riyadh on Saturday. The event which will be held annually, was the first of its kind in the region and welcomed over 300 top-performing...

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Business & Money | Monday 10 December, 2018 3:50 pm

noon and Al Ittihad score partnership deal

Two of the region’s favourite pastimes, football and shopping, meet in a major partnership deal between Al Ittihad Club Saudi Arabia and noon that will see the digital market place become the main sponsor of the champion football club.   As the digital home team ...

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Business & Money | Monday 10 December, 2018 1:01 pm

Maharah acquires a strategic stake in BLOOVO to fuel its expansion and build-on its technology

BLOOVO, a regional fast-growing online recruitment platform that uses intelligent algorithms, announced today the entry of the Saudi-based Maharah Human Resources Companyas a strategic shareholder to help in regional and international expansion as well as technology development. The...

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Business & Money | Monday 10 December, 2018 12:58 pm

Gulf Retail Sector Set to Soar as Consumers Embrace Online Shopping, Value of Mall Experiences

Retail sales across four Gulf countries are projected to increase by more than US$24 billion over the next five years, with the UAE expected to lead this trend with an estimated growth rate of 16%, according to new research from Euromonitor International. Euromonitor’s report reveals that...

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Business & Money | Monday 10 December, 2018 12:00 pm

Abu Dhabi Wins Bid to Host United Nations Industrial Development Organization General Conference in 2019

Red Sea Mall has signed a strategic partnership with ride-hailing applications Careem and Uber, offering visitors convenient and easy access to the mall. As part of this partnership, visitors can now download the designated applications and book a ride to the centre located on King Abdul Aziz Road...

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Business & Money | Monday 10 December, 2018 9:42 am

Why Do Dubai Residents Move?

Dubai residents leverage declining rents to upsize homes   By ServiceMarket.com   With residential rental rates in Dubai on the decline, the moving market has been reshaped by a large degree over the last couple of years. ServiceMarket, the UAE's largest marketplace for...

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