Business & Money | Sunday 10 September, 2017 4:55 am

Bahri reinforces global leadership in oil transportation and logistics with a 40-strong VLCC fleet

Bahri, a global leader in transportation and logistics, has reached a new milestone by accepting delivery of ‘Rimthan,’ a 300,000-dwt carrier built by Hyundai Samho Heavy Industries (HSHI) in South Korea. The addition of ‘Rimthan’ to its fast-growing fleet of multipurpose...

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Business & Money | Sunday 10 September, 2017 4:00 am

ArabianChain and Jibrel Network Bring Smart Regulation to MENA

ArabianChain, the first company in the region to develop a public and decentralised platform for Smart Contracts on Blockchain, has today announced that it has signed a Memorandum of Understanding (MoU) with Jibrel Network, the first protocol allowing traditional assets like currencies on the...

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Business & Money | Saturday 9 September, 2017 5:00 am

Oman Air signs an agreement with Takatuf Oman LLC on Assessment Services

Oman Air, the national carrier of the Sultanate of Oman, signed an agreement with Takatuf Oman LLC, the Human Capital solutions provider, to provide an assessment Services. This is as part of the Company’s continued drive towards enhancing the talent management’s processes. By using...

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Business & Money | Saturday 9 September, 2017 4:50 am

Etihad Aviation Group Appoints New Chief Executive Officer for Engineering Division

The Etihad Aviation Group (EAG) today confirmed Abdul Khaliq Saeed as the new Chief Executive Officer for Etihad Airways Engineering, replacing Jeff Wilkinson, who is leaving the post after 11 years with the company.   Mr. Saeed brings over 35 years of international maintenance, repair...

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Business & Money | Saturday 9 September, 2017 3:00 am

Tilal Properties to Showcase Multi-Investment Potential At Cityscape Global - Dubai 2017

Tilal Properties, the pioneering Sharjah-based real estate developer and first property developer to create freehold and leasehold properties in the emirate, will showcase a host of new opportunities for potential investors at Tilal City, during the 16th edition of the Cityscape Global exhibition...

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Business & Money | Friday 8 September, 2017 6:00 am

DAMAC Properties Awards 370 Contracts Valued at AED 3.5 Billion so far in 2017

DAMAC Properties, a leading luxury real estate developer in the region, announced it has awarded more than 370 contracts worth AED 3.5 billion since January 2017. The contracts included construction, supplier and consultancy services across its portfolio of developments. The bulk of contracts...

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Business & Money | Friday 8 September, 2017 3:30 am

Julphar names Laurent de Chazeaux as Acting CFO

Julphar Gulf Pharmaceutical Industries has announced today the appointment of the company’s Associate Director Finance, Laurent de Chazeaux, as Acting Chief Financial Officer – effective immediately. Laurent replaces Jerome Carle, who has been appointed General Manager of...

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Business & Money | Thursday 7 September, 2017 12:04 pm

First of Dubai Properties’ Water Homes Arrive at Marasi Business Bay

Dubai Properties, a leading Dubai-based real estate master developer celebrated the spectacular voyage of the UAE’s first-ever water home as it made its way along the city’s newest attraction - the Dubai Water Canal - to berth at Marasi Business Bay on Monday, 4...

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Business & Money | Thursday 7 September, 2017 8:39 am

Madinah businesses get sales boost during Hajj season

 Madinah experiences a sales boom during the Hajj season, due to the greater number of shoppers, especially pilgrims. Textiles, ready-made garments, gold, silver, jewelry and electronics are the most popular items. “There are many types of gold, including Kuwaiti and Bahraini, but...

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Business & Money | Thursday 7 September, 2017 8:26 am

Saudi Labor Ministry: Number of women working in retail reaches 200,000

 A report released by the Ministry of Labor and Social Development in revealed that the number of Saudi female workers in the retail sector reached about 200,000, despite the difficulties facing the Saudization of the female workforce in this sector since 2011. Faten Al-Sari, acting head of...

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