Business & Money | Thursday 16 February, 2017 12:14 pm

13th edition of International Property Show attracts 100 exhibitors from 40 countries

Dubai Land Department: In first 45 days of 2017, value of real estate transactions reached AED 42 billion, nearly half of all 2016 investments (AED 91 billion) Representatives from Dubai Land Department (DLD) and officials from real estate companies have unveiled plans for the...

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Business & Money | Thursday 16 February, 2017 11:52 am

CHRISTIE’S DUBAI LEADING THE MIDDLE EASTERN AUCTION WATCH MARKET BY CELEBRATING 5 YEARS OF STAND-ALONE

2017 marks 5 years of stand-alone watch auctions held by Christie’s in the Middle East. Inaugurated by Frederic Watrelot in November 2013, who became the company’s watch specialist for the US West coast, based in Los Angeles, the auctions have been taken to further heights by Remy...

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Business & Money | Thursday 16 February, 2017 6:54 am

Sadara signs cooperation agreement with (SNAM)

Sadara Chemical Company (Sadara) and Saudi National Automobiles Manufacturing Company (SNAM) announced that they have signed a Cooperation Agreement for SNAM’s planned Automobile Manufacturing Cluster in PlasChem Park.   Under the agreement, Sadara will work with SNAM’s Auto...

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Business & Money | Thursday 16 February, 2017 5:48 am

King Abdullah Economic City hosts Art of Jeddah 21,39 exhibition

King Abdullah Economic City (KAEC) hosted the inauguration of the 4th edition of the Art of Jeddah 21,39 exhibition titled “Safar” meaning “Travel”. The exhibition is organized by the Saudi Art Council over a three-month period, and features more than 50 cultural and...

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Business & Money | Thursday 16 February, 2017 4:00 am

GROHE successful at the German Sustainability Award

Grohe AG’s holistic commitment to 360-degree- sustainability is paying off – the company’s uncompromising integrated approach covering resource protection, environmental protection and social responsibility did not fail to impress the jury of the German Sustainability Award 2016....

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Business & Money | Thursday 16 February, 2017 2:27 am

Expo 2020 Dubai Partners with SAP to Create ‘Made-For-You’ Experience for Millions of Visitors

 Expo 2020 Dubai has partnered with software solutions firm SAP to deliver tailor-made experiences to the millions of people set to visit the global event. Under the deal, SAP will offer real-time technology to enable organisers and exhibitors to analyse instantly data that predicts...

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Business & Money | Wednesday 15 February, 2017 12:20 pm

GCC needs new technologies for transportation: Report

Due to global political and economic uncertainties the Gulf Cooperation Council (GCC) needs to adopt a structured technological framework to overcome challenges facing transportation systems, said a report. The report prepared by Strategy& highlighted the challenges facing the GCC...

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Business & Money | Wednesday 15 February, 2017 3:27 am

Emaar Properties records 28% growth in FY 2016 net profit to AED 5.233 billion (US$ 1.425 billion);

Global developer Emaar Properties PJSC recorded a robust full-year 2016 net profit of AED 5.233 billion (US$ 1.425 billion), 28 per cent higher as compared to the FY 2015 net profit of AED 4.082 billion (US$ 1.111 billion). Emaar achieved FY 2016 revenues of AED 15.540 billion (US$ 4.231 billion),...

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Business & Money | Wednesday 15 February, 2017 2:44 am

Henry Ford Entrepreneurship Academy Expands to Saudi Arabia Focusing on Role of Women in the Future Business Landscape

The Ford Motor Company Fund is bringing the Henry Ford Entrepreneurship Academy (HFEA) to Saudi Arabia in March, with the announcement of a partnership with leading women’s institution Effat University in Jeddah. The programme sees its Middle Eastern debut following a successful year in...

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Business & Money | Wednesday 15 February, 2017 1:34 am

Sultan Ahmed bin Sulayem: Growing regional trade in many areas offsets global trade slowdown

Sultan bin Sulayem, DP World Group Chairman & CEO and Chairman of Ports, Customs and Free Zone Corporation, said: “Many regions around the world are witnessing growth in inter-country trade values, which partially offsets the slowdown in global trade. The growth of inter-regional trade in ...

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