Business & Money | Sunday 5 November, 2017 1:52 am

SADAFCO Announces the Construction of New Warehouses in Jeddah and Tabuk

As part of its expansion plans in the Kingdom, Saudia Dairy and Foodstuff Company (SADAFCO) has recently announced the construction of new warehouses in Jeddah and Tabuk.   The projects, which are forecasted to have a positive impact on SADAFCO’s profits, have an...

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Business & Money | Saturday 4 November, 2017 4:13 am

Fitch Ratings affirms Saudi Arabia at "A+"

Fitch Ratings Agency today confirmed the strength of Saudi Arabia's economy and the effectiveness of economic reforms being carried out by the government of the Kingdom.  In addition, Fitch affirmed the Kingdom's strong credit rating at ‘A+’ with stable...

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Business & Money | Saturday 4 November, 2017 3:21 am

Dubai ranks second in world in ease of issuing building permits

Dubai Municipality has been ranked first in the Arab and regional level in the 'ease of issuing building permits'   DUBAI - Dubai Municipality has been ranked first in the Arab and regional level and second in the world in the 'ease of issuing building permits', according ...

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Business & Money | Saturday 4 November, 2017 2:56 am

GGICO offers units of Topaz Premium Residencies post 50% completion in Dubai Silicon Oasis

Dubai-based Gulf General Investment Co. PSC (GGICO) offers Topaz Premium Residences after 50% completion of its project in Dubai Silicon Oasis. Offering a stylish assortment of generously-sized one-bedroom apartments with exceptional facilities and services for a tranquil lifestyle, GGICO is a...

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Business & Money | Saturday 4 November, 2017 2:47 am

Virgin Megastore celebrates grand opening of its latest store prominently located in Hayat Mall, Riyadh

Virgin Megastore celebrated the grand opening of its latest megastore, prominently located in Hayat Mall, Riyadh, with a gala event on Thursday 2 November.     “We are expanding our chain of Virgin Megastores in key locations to meet the needs of the kingdom’s fast...

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Business & Money | Saturday 4 November, 2017 12:07 am

Dubai Ruler Launches IT Education Initiative to Create One Million Arab Coders

The Hussain Sajwani - DAMAC Foundation, a joint venture between DAMAC Properties and its Chairman, Mr Hussain Sajwani, has signed a partnership memorandum to support and sponsor the One Million Arab Coders initiative. The initiative, launched by UAE Vice President, Prime Minister and Ruler...

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Business & Money | Friday 3 November, 2017 3:38 am

Middle East Cleaning Technology Week Announces the Launch of its Mobile Application

The Middle East Cleaning Technology Week (MECTW) 2017, today announced the launch of its mobile application for active participation and interaction of its exhibitors and visitors. The application is available on Android and IOS devices and can be downloaded for free by searching...

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Business & Money | Friday 3 November, 2017 3:28 am

STME completes Security Operations Centre for Marafiq

STME, the Middle East’s leading IT solutions provider and systems integrator, has recently announced the completion of a Security Operations Centre (SOC) for Marafiq. The Centre comprises of highly skilled team members following well-defined policies and procedures in operating security...

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Business & Money | Friday 3 November, 2017 1:51 am

Tabreed’s Stock Becomes Shari’a Compliant

National Central Cooling Company PJSC (DFM: Tabreed), the leading regional UAE-based district cooling utility company, announced today that its stock has become certified as Shari’a compliant.   The announcement follows the recent meeting of the Islamic Banks’ Unified...

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Business & Money | Friday 3 November, 2017 1:17 am

Dubai Investments targets Indian investors for real estate projects

Dubai Investments [DFM: DIC], the leading diversified investments company listed on the Dubai Financial Market, is targeting investors from India for its real estate projects. The company announced this as part of its participation in the 3rd Dubai Property Show, to be held in Mumbai, India later...

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