Business & Money | Monday 30 April, 2018 3:56 pm

Abdali Boulevard Company PSC awards its Facilities Management Services to EFS Facilities Services

Abdali Boulevard Company PSC, a subsidiary of Abdali Investment and Development Group and the company behind The Boulevard, has recently awarded the management of its facilities to EFS Facilities Services, a global facilities management company with a presence in over 22 countries and whose client...

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Business & Money | Monday 30 April, 2018 3:30 pm

First Pirelli Center in Saudi Arabia by United Naghi

United Yousef M. Naghi Co. Ltd., the official partner of Pirelli tires in Saudi Arabia, is preparing to open its first center in Jeddah before the beginning of Ramadan, and will be followed by five more centers after Eid Alfitr that located in Riyadh and Dammam. Performance Center, which is the...

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Business & Money | Monday 30 April, 2018 2:10 pm

DAMAC supports the International Real Estate Federation’s 69th Conference to be held for the first time in the Middle East

DAMAC Properties announced its support to the Federation Internationale des Administrateurs de Bien-Conselis Immobiliers (FIABCI) which is hosting its FIABCI 69th World Congress 2018 in Dubai from 30 April – 2 May 2018, at the Dubai World Trade Centre.  The three-day...

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Business & Money | Monday 30 April, 2018 1:56 pm

SEDCO Holding Group Signs a Partnership Agreement with Saudi British Bank

SEDCO Holding Group signed a partnership agreement with the Saudi British Bank (SABB), for its Riyali Financial Literacy Program, facilitating further reach to the Saudi community to equip them with the financial skills needed, to help meet their financial responsibilities. The agreement was signed ...

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Business & Money | Monday 30 April, 2018 1:41 pm

‘STV’ leads USD 9 million investment in Telfaz11 in Series A funding ‘VentureSouq’ contributed to the round

Telfaz11, the most influential digital media company based out of the Kingdom of Saudi Arabia, has received a USD 9 million investment from lead investor Saudi Technology Ventures (STV). VentureSouq has also joined the Series A round of funding. Widely recognized in the Arab digital...

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Business & Money | Monday 30 April, 2018 11:12 am

Emaar Development records 95% growth in revenue to 
AED 3.27 bn (US$ 890 mn)

Emaar Development PJSC (DFM: EMAARDEV), the UAE build-to-sell property development business majority-owned by Emaar Properties PJSC (DFM: EMAAR), recorded a 62 per cent growth in net profit to AED 819 million (US$ 223 million) during Q1 (January to March) 2018 compared to AED 506 million (US$ 138...

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Business & Money | Monday 30 April, 2018 3:37 am

Mideast’s largest economic forum aims to attract investors at all levels

More than 59 local and international speakers will share their expertise at the first Makkah Region Economic Forum (MREF), the largest economic forum in the Middle East, which will be held at the Ritz-Carlton Hotel on May 6-7. Dr. Hesham Al-Faleh, head of the forum’s executive committee,...

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Business & Money | Monday 30 April, 2018 3:34 am

Drill bit manufacturer sets standards in Saudization

For more than 80 years, Baker Hughes, a General Electric Co., has played a key role in the Kingdom’s oil and gas supply chain ecosystem. It celebrated a new milestone in Saudi Arabia when its drill bit manufacturing plant in Dhahran produced more than 10,000 drill bits since the plant first...

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Business & Money | Monday 30 April, 2018 1:23 am

Najm wins international award for innovation within financial services sector

Majid Al Futtaim Finance, the financial arm of Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, under the Najm brand, announced today that it has won an international award for technological innovation within the financial ...

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Business & Money | Sunday 29 April, 2018 3:27 pm

AETOSWire Launches the First Online PressKit Service in the MENA Region

 AETOSWire, the news distribution arm of News Services Group (NSG) and the exclusive representative of Business Wire, a Berkshire Hathaway company, in the Middle East and North Africa, launches the newest feature in its service, the Online PressKit.   The Online PressKit is an...

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