Business & Money | Sunday 28 July, 2019 10:58 am

Groupe PSA bolsters its GCC operation with the appointment of Sridhar Govindarajan, Head of Quality & Training

As part of its on-going expansion in the GCC, Groupe PSA GCC has appointed Sridhar Govindarajan, as Head of Quality and Training.   Reporting directly to Peugeot’s Managing Director for the region, Rakesh Nair, Sridhar Govindarajan will oversee all aspects of customer care and...

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Business & Money | Sunday 28 July, 2019 9:56 am

Arab Bank Group first half 2019 profits grow by 4% to reach $453 million

Arab Bank Group announced its results for the first half of 2019 reporting a growth of 4% with net profit after tax reaching $453 million as compared to $436 million in 2018. Total loans increased by 3% to reach $26.2, and deposits increased by 3% to reach $34.1 billion. Group equity stood at $8.7...

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Business & Money | Sunday 28 July, 2019 9:55 am

Saudi Council of Engineers to collaborate with Huawei in training initiative

The Saudi Council of Engineers (SCE) has signed an Agreement with Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices, to provide training courses for ICT engineers in the Kingdom.   The Agreement between SCE and Huawei...

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Business & Money | Sunday 28 July, 2019 9:48 am

Emicool receives two IDEA District Energy Awards marking 9thconsecutive year win

Emirates District Cooling LLC [Emicool] – a leading district cooling service provider in the region and a wholly owned subsidiary of Dubai Investments PJSC has been conferred with its 9th consecutive IDEA District Energy Awards in two categories. A bronze each has been won under the “No ...

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Business & Money | Saturday 27 July, 2019 8:39 pm

Arab Bank Group profits up 4pct in H1 at $453 million

The Arab Bank Group's profits in the first half of 2019 edged up by 4 percent indicating a net pre-tax profit of $453 million against $436 million in the same period in 2018.  In a statement released Saturday, the group said its loan portfolio inched up by 3 percent to $26.2 billion,...

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Business & Money | Thursday 25 July, 2019 12:39 pm

DUBAI SHOPPING MALLS GROUP SUPPORTS INCREASE IN SALES FOR THE RETAIL SECTOR DURING DUBAI SUMMER SURPRISES 2019

Further celebrating the Dubai Summer Surprises (DSS) season 2019, the very special “Shop, Win & Drive” campaign by Dubai Shopping Malls Group (DSMG) has registered a good season for all the participating malls with the last few days expected to be even better. Shoppers avail a...

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Business & Money | Thursday 25 July, 2019 7:37 am

Industry chamber organizes commercial attachés forum

The Jordan Chamber of Industry will Thursday organize the fourth edition of foreign commercial attachés forum under the title: 'Export Services: Ensuring Readiness ... A Sustainable Footprint in European Markets". The forum comes in line with the chamber's efforts to...

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Business & Money | Wednesday 24 July, 2019 1:44 pm

Eshraq Investments achieves AED 4 mn net profit for H1 2019, awards construction contract for Jumeirah Rise project

: Eshraq Investments PJSC (“Eshraq” or “Company”), the Abu Dhabi based investment company listed on Abu Dhabi Securities Exchange (“ADX”), reported a net profit of AED 4 million for the period ending 30 June 2019, achieving another profitable half yearly result...

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Business & Money | Wednesday 24 July, 2019 10:10 am

Gulf Property Show 2019 Best Stands shortlisted

The list of nominees for the Best Stand Award at Gulf Property Show 2019 has been made public by the show’s organizers Hilal Conferences and Exhibition for voting to begin. The shortlisted exhibitors are: Diyar Al Muharraq, Edamah, Dilmunia (Ithmaar Development Company), Golden Gate and ...

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Business & Money | Wednesday 24 July, 2019 7:23 am

Gov’t seeking solutions to Aqaba’s development issues

PM visits coastal city’s ports, directs increased support to health, education sectors The government is seeking solutions to Aqaba’s development issues, Prime Minister Omar Razzaz said on Tuesday, noting that the southern governorate is “making great strides” in...

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