Business & Money | Sunday 12 February, 2017 11:56 am

BCG Strengthens Its Telecom and Industrial Goods Practice Areas with the Addition of Two New Partners

As it continues to accelerate growth in the Middle East, strengthening its market position and catering to developing segments in the region, The Boston Consulting Group (BCG) has announced the appointment of two new partners to its Middle East partner team. Oscar Ruiz has joined as a partner in...

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Business & Money | Sunday 12 February, 2017 9:58 am

Over 124,000 Middle East Jobs Were Available on Bayt.com in 2016

The leading job site in the Middle East, Bayt.com, had more than 124,000 jobs available in 2016. Job seekers in the region directly applied for these vacancies. This number does not include the thousands of additional jobs that employers filled by searching for CVs on Bayt.com, instead of posting...

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Business & Money | Sunday 12 February, 2017 2:21 am

Al Mal Capital acquires US-based Poinsettia Plaza shopping centre

Al Mal Capital PSC, a subsidiary of Dubai Investments PJSC and a diversified, multi-line investment institution headquartered in Dubai, has announced the acquisition of Poinsettia Plaza – the 153,000 square feet neighborhood shopping centre located in Ventura, California.   The...

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Business & Money | Sunday 12 February, 2017 12:07 am

In Presence of Officials, Media and Private Sector Representatives:

HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, launched today (Saturday, 11 February 2017) the Private Sector Platform of the World Green Economy Organisation (WGEO). The newly launched platform is the first of WGEO that was launched during the third World...

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Business & Money | Saturday 11 February, 2017 2:32 am

Building Work Nears Completion on AED500m First Avenue Project in Dubai’s Motor City

Building work is almost finished on First Avenue, the new shopping mall and hotel development in Motor City. The project’s backers say construction work for the mall is on track for completion by the end of this month, with fit-out for the retail units set to take another four months. The...

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Business & Money | Saturday 11 February, 2017 12:08 am

White & Case advises Saudi Aramco on world's biggest IPO -sources

By Davide Barbuscia and Saeed Azhar | DUBAI/SINGAPORE Feb 9 State oil giant Saudi Aramco has appointed international law firm White & Case as legal adviser for its planned initial public offering (IPO), expected to be the world's biggest, sources...

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Business & Money | Saturday 11 February, 2017 12:04 am

Saudi Arabia aims to boost pharmaceutical industry

Minister of Health Tawfiq Al-Rabiah on Wednesday said Saudi Arabia will do its best to boost its pharmaceutical industry under the National Transformation Program (NTP) 2020. He was addressing local manufacturers of medicines and suppliers to medical laboratories at the headquarters of the Council ...

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Business & Money | Friday 10 February, 2017 1:36 pm

Air Arabia delivers strong 2016 net profit of AED 509 million

Air Arabia (PJSC) today announced full-year financial results for 2016 as the Middle East and North Africa’s first and largest low-cost carrier continued to deliver healthy growth and strong levels of profitability despite challenging market conditions.   Air Arabia’s net...

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Business & Money | Friday 10 February, 2017 7:32 am

Canadian group to train hospitality professionals in the UAE and GCC in collaboration with UAE’s Tareeq AlAlam Management

The Canadian Hospitality and Tourism education and career advisory company, The World Street (TWS) and UAE-based Tareeq AlAlam Management (TAM) Consultancy has recently signed a Memorandum of Understanding (MOU) to promote and train the hospitality professionals in the UAE and...

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Business & Money | Friday 10 February, 2017 12:26 am

“YORK” enters a strategic partnership with “Jeddah Neighbourhood Centers”

Al Salem Johnson Controls “YORK”, a leading provider of HVAC equipment, security systems, and controls, recently announced its strategic partnership with the “Association of Neighbourhood Centers in Jeddah”.  The partnership is part of the company’s social...

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