Tourism & Hospitality | Wednesday 12 April, 2017 8:18 pm

AccorHotels continues its growth in Africa and expands its luxury footprint with the management of Fairmont Royal Palm Marrakech

New agreement strengthens the Group’s regional development plan to double the Africa network by 200 hotels   AccorHotels, world leading travel & lifestyle group, today announced the signing of a hotel management agreement (HMA) with New Mauritius Hotels Limited, one of the...

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Business & Money | Wednesday 12 April, 2017 3:54 pm

UNESCO NGO Global Forum to be hosted in Saudi Arabia by MiSK

Organized by the NGO-UNESCO Liaison Committee and UNESCO, in partnership with the Mohammed bin Salman bin Abdulaziz Foundation (MiSK), the Seventh International Forum of NGOs in official partnership with UNESCO will be held in Riyadh, Saudi Arabia, on 3rd and 4th May 2017 under the theme Youth and...

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Business & Money | Wednesday 12 April, 2017 2:34 pm

Sage hosts discussion on Sage 300 and Sage CRM

Sage, the market and technology leader for integrated accounting, payroll and payment systems, will hold a luncheon discussion on the company’s agile and efficient business management solutions, Sage 300 and Sage CRM. The event will take place on 11 April 2017 from 8:30 AM—1:00PM at the ...

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Business & Money | Wednesday 12 April, 2017 12:34 pm

GIB Capital wins four EMEA Finance Awards including “Best Investment Bank in the Middle East”

GIB Capital, the Riyadh-based investment banking arm of Gulf International Bank (GIB), won four awards recently at the 2016 EMEA Finance Middle East Banking Awards in Dubai. GIB Capital was honoured with the “Best Investment Bank in the Middle East”, “Best Asset Manager in...

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Healthcare | Wednesday 12 April, 2017 12:10 pm

Al Bustan Centre and Residence hosts delegates of World Para-Athletics Tournament

Al Bustan Centre and Residence, the popular hotel-apartment among tourists and businessmen in the heart of Dubai, proudly hosted the delegates of 9th Fazza World Para-Athletics Tournament Dubai 2017.   The property hosted more than 450 athletes from 43 participating countries that were...

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Tourism & Hospitality | Wednesday 12 April, 2017 9:56 am

Retail therapy pushes hotel ADR up 25%

UAE leads the region in retail tourism, with Mall of the Emirates alone attracting 56 new hotels into its vicinity over the last 10 years Hotels developed in and around the region’s shopping malls can expect to post an Average Daily Rate (ADR) 25% higher than hotels that are not...

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Government | Wednesday 12 April, 2017 9:20 am

Riyadh-Manila ties cemented by 3 accords

Three agreements were signed between Saudi Arabia and the Philippines on Tuesday following talks between King Salman and President Rodrigo Duterte. The king and Duterte, who arrived late Monday, reviewed bilateral cooperation and discussed the latest developments. A memorandum of understanding...

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Government | Wednesday 12 April, 2017 9:18 am

Forum on prevention of terrorism starts at Naif University

The Social Sciences College at Naif Arab University for Security Sciences Tuesday started a two-day forum on the “University’s role in preventing terrorism,” within the framework of its 2017 work program, in cooperation with the League of Islamic Universities. The event was...

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Business & Money | Wednesday 12 April, 2017 9:16 am

Saudi businesses face ‘challenging’ few years

KING ABDULLAH ECONOMIC CITY: Fahd Al-Rasheed, chief executive of King Abdullah Economic City (KAEC), believes that the Saudi business community is in for a challenging time. But he said it has no alternative but to adapt to the transformation underway in the Kingdom’s economy and...

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Business & Money | Wednesday 12 April, 2017 4:38 am

QNB Group: Financial Results for the Three Months Ended 31 March 2017

the largest financial institution in the Middle East and Africa (MEA) region, announced its results for the three months ended 31 March 2017. For the three months ended 31 March 2017, Net Profit reached QAR3.2 billion (USD0.9 billion), up by 12% compared to previous year, delivering a...

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