Sports | Tuesday 31 July, 2018 3:19 pm

Retail subscription in Leejam Sports Company’s IPO Starts Today at a Price of 52 per Share

Samba Capital & Investment Management Company (“Samba Capital”) announced that the retail offering of Leejam Sports Company’s (“Leejam” or the “Company”) IPO starts today.  Leejam Sports Company is the owner and operator of fitness centres...

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Business & Money | Tuesday 31 July, 2018 10:04 am

MEPCO achieves 1H net profit increase of 166%

The Middle East Paper Co. (‘MEPCO’), the region’s leading vertically-integrated paper manufacturer, has announced its interim financial results for the six months ended 30 June 2018. Net profit of SAR 57 million in the first half increased by 166% on H1 2017. STRATEGIC...

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Tourism & Hospitality | Tuesday 31 July, 2018 8:14 am

The St. Regis Abu Dhabi Announces New Executive Assistant Manager- Food & Beverage

Arun Narayanan joins the prestigious St Regis Abu Dhabi as its Executive Assistant Manager, Food and Beverage with over 15 years of expertise in Asia and the Middle East Region.  Initially joining the Hospitality industry with the Dubai based Jumeirah group, Arun’s experience...

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Business & Money | Tuesday 31 July, 2018 8:00 am

The Board of Directors of the National Commercial Bank has recommended the distribution of dividend to the shareholders for the first half of 2018

The Board of Directors of the National Commercial Bank has recommended on Sunday 16-11-1439H corresponding to 29-07-2018 the distribution of dividend to the shareholders for the first half of 2018 as following: 1.Total amount of distribution of dividend SAR 2,989,409,411 2.Number of shares...

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Tourism & Hospitality | Tuesday 31 July, 2018 8:00 am

Over 47,000 people visit honey festival in Baha

The 11th International Honey Festival in the Baha region has attracted more than 47,000 visitors from outside and within the Kingdom, the Saudi Press Agency reported. The attendees and participants praised the events organized at the festival and the variety of honey products featured at the...

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Business & Money | Tuesday 31 July, 2018 7:52 am

Mi Capital opens doors to India’s US$88.23 bn affordable housing market for GCC investors

Gulf investors will now be able to tap the US$88.23 billion (INR6 trillion) affordable housing market following a tie-up between Mi Capital, a Dubai-based financial institution dealing in corporate finance, capital restructuring, mergers and acquisitions, and Life Insurance Corporation Housing...

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Culture & Education | Tuesday 31 July, 2018 7:50 am

Another successful High School Computing Camp held at AUS

Another successful edition of the American University of Sharjah (AUS) High School Computing Camp concluded on Thursday after a week of engineering design and innovation. Held July 22-26, the camp was organized by the Department of Computer Science and Engineering (CSE) at the...

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Technology & IT | Tuesday 31 July, 2018 7:44 am

Saudi Start-up’s raised $3.110 Million in Funding in Second Quarter of 2018

The technology start-ups incubated by the Badir Program, one of the King Abdul Aziz City for Science and Technology initiatives, has successfully raised around SR 11.660 million ($3.110 million) in the second quarter of 2018, up by 7.66% from the previous quarter when 10.830 million ($2.888...

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Business & Money | Tuesday 31 July, 2018 4:50 am

Shurooq and Besix to Invest in a Sustainable Development Wastewater Project in Sharjah

The Sharjah Investment and Development Authority (Shurooq) and BESIX, the region’s leading company operating in infrastructure concessions and construction, has signed a joint venture agreement to operate and maintain an existing wastewater treatment plant in Al Saja’a area in ...

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Technology & IT | Tuesday 31 July, 2018 3:45 am

Huawei CBG holds a channel partners summit to strengthen Commitments with Partners in Local Markets

Innovation and customer service were amongst the topics discussed during the summit that aimed to strengthen ties with local retail partners from Middle East & Africa. Riyadh, Saudi Arabia, July 30, 2018: Huawei Consumer Business Group (CBG), the global smartphone giant, recently held a...

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