Business & Money | Tuesday 25 December, 2018 8:12 am

Saudi Arabia’s biggest bank NCB in merger talks with rival Riyad

Saudi Arabia’s National Commercial Bank (NCB), the Kingdom’s biggest lender by assets, has begun preliminary discussions to merge with smaller rival Riyad Bank, the two lenders said on Monday. A merger would further extend NCB’s lead over its closest rivals including Al-Rajhi...

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Business & Money | Monday 24 December, 2018 3:08 pm

Imdaad’s employee welfare initiatives honored with five-star rating at Taqdeer Awards

Imdaad, a Dubai-based group of companies that provides integrated, sustainable facilities management services that enhance operational efficiencies of physical assets, has recently been awarded a five-star ranking at the third edition of Taqdeer Award in Dubai in recognition of the company’s...

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Business & Money | Monday 24 December, 2018 3:05 pm

AIM Startup 2019 roadshows scouting startups in MENA

AIM Startup 2019 is gearing up for its third edition with an aim to link 500 startup companies with over 200 global investors. The event, in partnership with the National Program for SMEs and Projects, is an initiative of the UAE Ministry of Economy and will be happening on April 8-10, 2019 at the...

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Business & Money | Monday 24 December, 2018 12:25 pm

Fintech Saudi in collaboration with its Partners organized a cluster of workshops and events

Fintech Saudi has successfully completed "Fintech Tour 18" which took place between 2nd and 13th December 2018. Covering the Kingdom's Central, Western and Eastern regions, Fintech Tour 18 aimed to spread knowledge and raise awareness about financial services technology...

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Business & Money | Monday 24 December, 2018 10:43 am

DHL study reveals winning logistics strategies for the last mile

Increasing urbanization is making the last mile of delivery more complex and critical for the success of e-commerce companies, according to new research by DHL, the world’s leading logistics company, and market research company Euromonitor.   With over 600 million more people...

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Business & Money | Sunday 23 December, 2018 4:06 pm

Emirates Scientists Council, Emirates Global Aluminium sign MoU to open the company’s laboratories for scientific research

The Emirates Scientists Council (ESC) has signed a Memorandum of Understanding (MoU) with Emirates Global Aluminium (EGA) to make the latter’s nine laboratories available to UAE scientists for scientific research.   The MoU forms part of the ‘Open Labs’ initiative,...

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Business & Money | Sunday 23 December, 2018 1:09 pm

Uber hosts UberEXPO

Uber hosts UberEXPO – or “Madinat Uber” the largest open-day event for driver-partners in the Middle East – witnessing over 2,500 driver-partners engage in a series of interactive activities, held in Riyadh. The expo organised engaging sessions on stage including, awards, a...

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Business & Money | Sunday 23 December, 2018 12:30 pm

Al Naboodah Construction Group (ANCG) ends the year on a high with four award wins

Al Naboodah Construction Group, the construction division of Al Naboodah Group Enterprises (ANGE) – one of the UAE’s oldest and most respected family conglomerates – won the overall ‘Better Together’ award for achieving organisational excellence in delivering the Expo...

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Business & Money | Sunday 23 December, 2018 12:25 pm

Regional and global asset managers will launch co-authored MENA Fixed Income white paper in January 2019

Emirates NBD Asset Management, KAMCO Investment Company and Fisch Asset Management will partner to co-author research examining key trends driving performance of MENA and emerging market Fixed Income instruments, reviewing 2018 and providing an outlook for 2019.   The three asset...

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Business & Money | Sunday 23 December, 2018 12:05 pm

Noor Takaful reports double-digit percentage profit growth in 2018

Noor Takaful - amongst the first Takaful insurance companies to be established in the UAE - has reported significant double-digit percentage profit growth for 2018 even as early next year it crosses a significant milestone of celebrating 10 years of increasing customer base. With close to...

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