Business & Money | Monday 30 January, 2017 12:24 pm

Siemens contributes AED4.5bn to UAE economy

After almost four decades of operating in the UAE, Siemens has quantified its contribution to society through its operations in a report titled ‘In the UAE, for the UAE – Making real what matters’. The findings illustrate the company’s commitment to the country in line with...

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Business & Money | Monday 30 January, 2017 4:26 am

NCB announces that the board of directors has recommended the distribution of dividend for period the second half of 2016

The Board of Directors of National Commercial Bank has recommended on 26-01-2017 G corresponding to 28-04-1438 H the distribution of dividend to the shareholders for the period the second half of 2016 as following: 1.Total amount of distribution of dividend SAR 1,996,903,527 2.Number of shares...

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Business & Money | Monday 30 January, 2017 4:17 am

Being accessible, being available

Very few brands have achieved the iconic status or the remarkably high level of customer loyalty that IKEA enjoys around the world. Dating back to its year of establishment in 1943, the world’s largest furniture retailer has to come to be much loved, and synonymous with clever design, massive ...

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Business & Money | Monday 30 January, 2017 3:43 am

Nahdi, Tawuniya Develop Strategic Partnership to Enhance Services

Nahdi, a leading Saudi retail pharmacy chain, and Tawuniya Cooperative Insurance Company, renewed their strategic partnership to offer additional health insurance services to clients and beneficiaries.   The renewal agreement, signed in Riyadh, is part of Nahdi Medical Company’s...

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Business & Money | Monday 30 January, 2017 2:39 am

International Finance Magazine awards Bupa Arabia with two distinct awards

Bupa Arabia for cooperative insurance has been awarded two international awards by the International Finance Magazine, the “Best Medical Insurance Company” and the “Best CSR Initiative (Insurance) Saudi Arabia 2016” in the health insurance sector. This eminent success...

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Business & Money | Monday 30 January, 2017 2:36 am

Multi-brand retailer in premium baby goods JustKidding® now at Town Square

: JustKidding® has opened their retail operation in Abu Dhabi at Town Square, at Al Forsan Village located in Khalifa City ‘A’ area. Town Square is now home to several community focussed brands including JustKidding®, a multi-brand retailer with all the leading baby brands under ...

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Business & Money | Sunday 29 January, 2017 2:05 pm

Automechanika Jeddah 2017 gets underway featuring 165 exhibitors from 24 countries

International manufacturers, industry experts and transport, fleet and logistics decision makers from Saudi Arabia’s automotive service industry shared the stage as the Kingdom’s dedicated aftermarket trade exhibition got underway today (31 January).   Running for three days...

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Business & Money | Sunday 29 January, 2017 1:32 pm

Cooperation agreement between “Quant” and “Morni” to develop the roadside service

Despite the recency of startups incubated at “Badir” Incubator and accelerator program, one of the programs of King Abdulaziz City for Science and Technology, entrepreneurs in these companies were able to make progress in their areas and accomplish great achievements on the local and...

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Business & Money | Sunday 29 January, 2017 12:52 pm

Wilo Middle East Showcases latest German technologies at HVACR Expo Saudi, Jeddah

Wilo Middle East FZE, the leading pump manufacturer Headquartered in Germany, took part in the second edition of the HVACR Expo Saudi, the country’s largest dedicated air-handling and refrigeration event in the region. The expo, which was held at the Jeddah Centre for Forums and Events from...

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Business & Money | Sunday 29 January, 2017 12:34 pm

Julphar CEO Leaves the Company after 8 Years of Service

Upon expiration of his contract – which comes in Q2 2017 – Dr Ayman Sahli, Chief Executive Officer of Julphar, has decided not to renew. The Board respects his wishes and has accepted his decision. Processes are underway to select his successor. Commenting on Dr Ayman’s...

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