Business & Money | Friday 5 January, 2018 4:39 am

Saudi innovation to power NEOM

A team of Saudi inventors came up with an innovation that can generate electricity for NEOM, the new $500-billion business and industrial zone coming up in the north of the Kingdom. Inventor Meshal Al-Harasani announced the completion of the first phases of the invention, which is designed...

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Business & Money | Friday 5 January, 2018 1:22 am

Publicis Groupe Wins the Consolidated McDonald’s GCC Business

: McDonald’s has selected Publicis Groupe to handle its consolidated business portfolio in the GCC region. Publicis Groupe had designed a new operating model to further strengthen its collaboration with the fast food giant that put its entire business portfolio up for pitch...

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Business & Money | Thursday 4 January, 2018 1:33 pm

Sharaf DG and Tally join hands to make VAT ready software easily accessible for businesses

Tally Solutions, a leading international accounting and compliance software provider has partnered with electronics retail giant Sharaf DG, in the UAE to make its Value Added Tax (VAT) software - Tally.ERP 9 easily available to the business...

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Business & Money | Thursday 4 January, 2018 12:46 pm

Myths and misconceptions surrounding VAT

With the onset of the New Year, a five per cent levy on most goods and services was introduced in the UAE in the form of Value-Added Tax (VAT). While marketers took advantage of this opportunity to sell goods and services in abundance, customers had no idea that a product or service purchased in...

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Business & Money | Thursday 4 January, 2018 11:03 am

Ground services recruit Saudi women to work at local airports

Bassam Al-Bokhari, chief shared-services officer at Saudi Ground Services Co. (SGS), told Arab News that new Saudi female recruits will join the company and start their training program in February. Al-Bokhari said that the women will work at check-in counters. To help them prepare,...

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Business & Money | Thursday 4 January, 2018 4:01 am

ARTAR Real Estate Development keeps pace to meet Q2 2018 deadline

The construction of Mada Residences, a luxury residential tower in Downtown Dubai, is on track to be handed over as promised in Q2 2018 thanks to hitting a number of impressive milestones in the last 12 months.   ARTAR Real Estate Development has confirmed it is ending the year on a...

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Business & Money | Thursday 4 January, 2018 2:06 am

Trakhees makes it easier for its customers by Integrating with Dubai Islamic Bank (DIB)

Following the government trend in adopting smart technological transformations using advanced technologies to lessen the number of physical applicants and Customer Visits, Department of Planning and Development – Trakhees, the Regulatory arm of Ports, Customs and Free Zone ...

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Business & Money | Thursday 4 January, 2018 12:50 am

Jadwa Investment Launches Jadwa REIT Saudi Fund

Jadwa Investment, a leading investment management and advisory firm, announced today the offering of its second Shariah-compliant real estate investment traded fund, “Jadwa REIT Saudi Fund”.  The new REIT fund will aim to invest in a diversified manner across the Kingdom, and comes ...

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Business & Money | Wednesday 3 January, 2018 3:51 pm

Efs Facilities Services Wins Integrated Facilities Management Contract With King Abdullah Economic City

EFS Facilities Services, a regional leader in facilities management services across the Middle East, Africa, South Asia and Turkey, has been awarded a contract to launch a SAR 13 million integrated facility management venture at King Abdullah Economic City (KAEC).   Under the terms of...

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Business & Money | Wednesday 3 January, 2018 1:59 pm

EQUATE Propels Kuwait as a Global Leader in the Petrochemicals Business Innovation with SAP

EQUATE Group, a global producer of petrochemicals, announced today the next phase of its partnership with digital transformation enabler SAP, in an effort to drive the company’s global business growth and support the New Kuwait 2035 vision’s economic diversification...

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