Business & Money | Thursday 3 May, 2018 3:41 pm

NCB’s Net Income Increased SAR 2,987 Million for the First Quarter of 2018

The National Commercial Bank announced that net income for the first quarter of 2018 reached SAR 2,987 million compared to SAR 2,703 million for the same quarter of the previous year, an increase of 10.5%, and an increase of 16.8% compared to the SAR 2,556 million of the previous...

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Business & Money | Thursday 3 May, 2018 3:02 pm

FERG attends the 3rd Edition of Awareness Training by Dubai Police Initiative helps bring down money exchange and bank theft in the UAE by 90%

The Foreign Exchange and Remittance Group (FERJ), a consortium of businesses engaged in the foreign exchange and remittance industry, attended the 3rd edition of Awareness Training by Dubai Police, held on 25th April at Dubai Police Officers Club. The initiative by Dubai Police works on training...

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Business & Money | Thursday 3 May, 2018 1:50 pm

LuLu Financial Group Commences Operations in Hong Kong

LuLu Financial Group, the leading financial services and payments solution brand, started its operations in Hong Kong with the inauguration of their head office at Hankow Centre in Kowloon. The branch was inaugurated by Adeeb Ahamed, Managing Director, LuLu Financial Group in the presence of...

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Business & Money | Thursday 3 May, 2018 1:42 pm

RTA to hold the 5th Dubai International Project Management Forum in Dec 2018

The Roads and Transport Authority (RTA) in Dubai will hold the fifth round of the Dubai International Project Management Forum (DIPMF) from 8th -11th December 2018 under the theme ‘Building Nations.’ The event will be co-organized by the Dubai Electricity & Water Authority (DEWA),...

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Business & Money | Thursday 3 May, 2018 9:58 am

Emicool awarded district cooling contract for Expo 2020 Conference and Exhibition Centre

Dubai Investments PJSC [DFM: DIC], the leading, diversified investments company listed on the Dubai Financial Market, has announced that its wholly-owned subsidiary and leading district cooling service provider Emirates District Cooling [Emicool] has been awarded the contract for a district cooling ...

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Business & Money | Thursday 3 May, 2018 9:44 am

Sharjah Leadership Program Reinforces Special Economic Relationship between UAE and Singapore

The close and long-standing economic bonds between Sharjah and Singapore have been underscored once again, following a business and skills fact-finding mission to some of the island state’s largest public and private sector agencies by 30 members of the Sharjah Leadership Programme...

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Business & Money | Thursday 3 May, 2018 3:50 am

GDT and Najm launch ‘For Safer Roads’ drive

The General Department of Traffic (GDT) and Najm company for insurance services, launched a joint traffic awareness campaign under the theme “For Safer Roads”, which aims to encourage and sensitize road users, especially motorists, to abide by traffic laws and bring out behavior...

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Business & Money | Thursday 3 May, 2018 2:49 am

Saudi Arabia witnessing major economic transformation

The Saudi economy continues to be the focus of attention of major companies and investors around the world, Finance Minister Mohammed Al-Jadaan said here on Tuesday. The minister was delivering the keynote address at the 13th Euromoney Saudi Arabia Conference with the attendance of 1,700...

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Business & Money | Thursday 3 May, 2018 12:25 am

Mastercard Hosts the Region’s Top Marketers at CMO Forum to Discuss Major Trends Driving a New Era of Consumer Engagement

Mastercard, a leading technology company in the global payments industry, hosted its first CMO Forum in Dubai,to explore the impact of digital transformation on brand strategy and consumer engagement. The forum welcomedtop executives from leading companies including Emirates, Nestlé and...

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Business & Money | Wednesday 2 May, 2018 1:20 pm

Nakheel reports Q1 2018 net profit of AED1.55 billion

Nakheel made a net profit of AED1.55 billion in the first quarter of 2018 – up 5 per cent on Q1 2017.   The master developer handed over nearly 200 land and built form units to customers during Q1 2018, and sold the last available villas at its new Warsan Village community, with all...

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