Business & Money | Wednesday 1 November, 2017 9:06 am

RTA CEO Attends the Opening of Belhasa Driving Center & Wasel Vehicles Testing Center in Nadd Al Hamar

Mr. Ahmed Hashem Bahrozyan, the Chief Executive Officer of Roads & Transport Authority Licensing Agency (RTA), and Mr. Saif Ahmed Belhasa, Chairman of Saif Belhasa Holding attended recently the opening of Belhasa Driving Center in Nadd Al Hamar. The opening ceremony was also attended by the...

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Business & Money | Wednesday 1 November, 2017 6:33 am

The Maritime Standard Awards name GAC Ship Agency of the Year 2017

The GAC Group has won the Ship Agency of the Year title at The Maritime Standard Awards 2017. It is the second consecutive year the company has received this prestigious accolade.   GAC’s award recognises it as the agency that has made the greatest contribution to the shipping...

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Business & Money | Wednesday 1 November, 2017 6:27 am

NEOM to benefit whole region: IMF

The International Monetary Fund (IMF) has endorsed an ambitious Saudi Arabian plan to build a $500-billion business and industrial zone extending into Jordan and Egypt, saying the project could benefit the whole region. Jihad Azour, head of the IMF’s Middle East department, said the...

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Business & Money | Wednesday 1 November, 2017 1:04 am

UAE Company DAMAC Properties Ranks First on Forbes Global 2000 List of Fastest Growing Companies Worldwide

DAMAC Properties, a leading luxury real estate developer in the region, has clinched the number one spot on the Forbes Global 2000 List of Growth Champions, making it the fastest growing company worldwide among the top 2,000 listed by Forbes.   The Forbes list was created in...

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Business & Money | Tuesday 31 October, 2017 7:20 pm

Uae Food Industry Equipped to Deal With Soaring Demand

A growing population, increasing tourist numbers and rising incomes will all contribute to pushing UAE food consumption to 59.2 million tonnes annually by 2025, according to the latest UAE Food Industry Report 2017, the findings of which were revealed in a keynote ‘Made in the UAE’...

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Business & Money | Tuesday 31 October, 2017 5:11 pm

Hh Sheikh Mansoor Bin Mohammed Bin Rashid Al Maktoum Opens Industry-leading Gulfood Manufacturing 2017

HH Sheikh Mansoor bin Mohammed bin Rashid Al Matoum, today opened Gulfood Manufacturing 2017, the fourth edition of the Middle East’s largest ingredients, processing, packaging, and logistics exhibition at the Dubai World Trade Centre (DWTC).   Touring the 80,000 square metre show, ...

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Business & Money | Tuesday 31 October, 2017 4:24 pm

24th World Islamic Banking Conference announces 3rd Series of WIBC Leaderboard to promote and foster global Islamic Banking

Committed in its vision to promote and foster the global Islamic Banking Industry, the 24th World Islamic Banking Conference will continue its efforts to enhance the performance and quality of key Islamic financial institutions by means of the 3rd WIBC Leaderboard. Introduced in 2015, the WIBC...

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Business & Money | Tuesday 31 October, 2017 4:16 pm

(MENAFA) reports exceptional results in the 4th Middle East Franchise Expo

The Middle East and North Africa Franchise Association reported exceptional results at the recently concluded 4th Middle East Franchise Expo held at Jumeirah Beach Hotel, Dubai, UAE. The opening ceremony was lead by Dr. Khalid Alsharfa, Chairman of MENAFA, Mr. Atiq Juma Faraj Nasib, Vice...

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Business & Money | Tuesday 31 October, 2017 2:53 pm

Obeikan Investment Group and GE Digital’s establishment of Obeikan Digital Solutions set to elevate F&B sector capabilities in the region

At food & beverage conference Gulf Foods, Obeikan Investment Group and GE [NYSE: GE] announced the signing of a joint agreement to establish a new digitally-focused practice within the Saudi manufacturer. The practice, named Obeikan Digital Solutions (ODS), aims to provide digital...

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Business & Money | Tuesday 31 October, 2017 2:34 pm

Saudi Arabian Military Industries Company Appoints Board of Directors and Chief Executive Officer

Saudi Arabian Military Industries (SAMI) has announced the formation of its Board of Directors, chaired by H.E. Ahmed Al Khateeb. The Board has permanent status and is set to play an active role in overseeing SAMI's growth and development.  Commenting on the announcement, H.E. Ahmed ...

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