Business & Money | Monday 3 July, 2017 3:31 pm

Funds and equities markets in region positive with strong growth opportunities, says Al Mal Capital

Al Mal Capital PSC, a subsidiary of Dubai Investments PJSC and a diversified, multi-line investment institution licensed and regulated by the Central Bank of the UAE, has announced that the Al Mal MENA Equity Fund has generated an alpha of +7.31% this year as of June 8.   The Fund...

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Business & Money | Monday 3 July, 2017 3:11 pm

“ABB Acquires KEYMILE’s Communication Networks Business to Strengthen Digital Grid Portfolio and Software Focus“

ABB today announced it has agreed to acquire the mission-critical communication business of the KEYMILE Group to strengthen its communication networks portfolio. The acquisition will bring with it key products, software and service solutions, as well as research and development expertise. These...

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Business & Money | Monday 3 July, 2017 2:53 pm

Amazon and SOUQ.com announce completion of acquisition

Amazon (AMZN) and SOUQ.com confirm the official completion of the acquisition of SOUQ.com by Amazon. As the first step of integration, customers can now log on to SOUQ.com using their Amazon credentials.   Joining the Amazon family enables SOUQ.com to continue to bring even more products ...

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Technology & IT | Monday 3 July, 2017 2:14 pm

Consumers expect AR and VR to merge with reality

Ericsson (NASDAQ: ERIC) has published its latest ConsumerLab report – Merged Reality – revealing insights into how consumers expect virtual reality (VR) and augmented reality (AR) to merge with physical reality, and that 5G will be a key technology for such experiences to become...

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Business & Money | Monday 3 July, 2017 12:36 pm

More than 37,000 New Jobs Announced on Bayt.com in the Second Quarter of 2017

Bayt.com, the Middle East’s #1 Job Site, concluded the second quarter of 2017, having announced more than 37,000 new jobs to serve the Middle East’s job seekers. Bayt.com is continuing to have a larger and a more wide-reaching portfolio of employers, who are announcing thousands of jobs ...

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Business & Money | Monday 3 July, 2017 12:09 pm

Nakheel opens new Monorail station on Dubai’s Palm Jumeirah as annual passenger figures top one million

Passengers using The Palm Monorail in Dubai can now board and alight at the newly-opened Al Ittihad Park Station for easy access to Palm Jumeirah’s central park, thousands of residences and the Golden Mile Galleria mall, master developer Nakheel announced today.    Located at the ...

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Business & Money | Monday 3 July, 2017 12:03 pm

ETIHAD AVIATION GROUP HONOURED WITH FOUR TREASURY ACCOLADES AT LONDON AWARDS

  Abu Dhabi, UNITED ARAB EMIRATES – Etihad Aviation Group’s (EAG) treasury team has once again been acknowledged for airline treasury management excellence with four key accolades at the 2017 Adam Smith Awards presented by Treasury Today magazine.   Following a string ...

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Business & Money | Monday 3 July, 2017 11:52 am

Majid Al Futtaim’s shopping malls in Dubai announce summer schedule full of incredible shopping offers and family entertainment during DSS

Majid Al Futtaim—the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, announces its Dubai Summer Surprises (DSS) events and promotions schedule at Mall of the Emirates, City Centre Deira, Mirdif, Me’aisem, Al Shindagha and My City...

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Tourism & Hospitality | Monday 3 July, 2017 11:34 am

FAMILY SUMMER VACATIONS AT HILTON AL AIN

Hilton Al Ain welcomes summer with a host of activities that invite families to escape, reconnect and create cherished memories.   From state-of-the-art swimming pools, and a fun pool slide, to relaxing spa treatments for adults, this summer package offers families a new appreciation for ...

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Environment & Energy | Monday 3 July, 2017 6:41 am

Empower and partners of the UN initiative “District Energy in Cities” sign Global Cooperation Agreement at International District Energy Association (IDEA) Annual Conference in USA

In an effort to enhance the conservational impact and development of district cooling in the UAE, Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider and a member of the Board of Directors of International District Energy...

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