Business & Money | Sunday 8 April, 2018 6:23 am

Kingdom’s economic outlook stable, says S&P

Rating agency S&P has confirmed its stable outlook for Saudi Arabia, saying it expects the Kingdom to register modest economic growth this year thanks to rising government investment and an improvement in oil prices. “In 2018, oil prices, in addition to other revenue measures, should ...

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Business & Money | Sunday 8 April, 2018 3:27 am

Annual Investment Meeting lines up Top-notch global experts

The 2018 edition of AIM is taking place at the backdrop of global economic recovery. A number of global inspiring business and thought leaders will lead interesting discussions on investment trends, public-private partnerships, sustainability, investment promotion, cryptocurrencies, and sovereign...

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Business & Money | Saturday 7 April, 2018 4:17 am

Huawei Consumer Business Group Announces 2017 Business Results

Huawei released its audited financial results for 2017, reporting solid business growth. The company's total annual revenue was CNY603.6 billion (US$92.5 billion based on year-end exchange rates), an increase of 15.7% over 2016. Net profits were CNY47.5 billion (US$7.3 billion), an increase of...

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Business & Money | Friday 6 April, 2018 9:30 am

Cityscape Egypt 2018 : Demand for Housing Remains Unwavering

The conclusion of the 7th edition of Cityscape Egypt demonstrated the resilience of the country’s real estate sector as Egyptians responded to the latest residential projects with optimism and vigour. The four-day exhibition, which came to an end on March 31st, attracted a record-breaking...

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Business & Money | Friday 6 April, 2018 4:08 am

SABIC opens first pom plant

SABIC inaugurated the first ever polyacetal (POM) plant in the Middle East and Africa region at its joint venture manufacturing affiliate, The National Methanol Company (Ibn Sina), in Jubail on Thursday, marking another milestone in its growth strategy in the highly competitive global engineering...

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Business & Money | Friday 6 April, 2018 1:29 am

Tally Solutions achieves Federal Tax Authority (FTA) Accreditation

Tally Solutions, a leading international accounting and compliance software provider, has received the Federal Tax Authority (FTA) Accreditation in the UAE, recognising its commitment to safer, more efficient and faster Value-Added Tax (VAT) operations. “It’s a...

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Business & Money | Thursday 5 April, 2018 4:30 pm

Itfc Supports Cameroon Energy With Eur 68 Million Murabaha Agreement

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IDB) Group, signed a EUR 68 million Syndicated Murabaha agreement with the Government of Republic Cameroon.   The Facility will be used for the purchase of crude oil and the sale thereof ...

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Business & Money | Thursday 5 April, 2018 3:38 pm

Dubai Quality Group kicked off the 15th Cycle Emirates Women Award 2018

Under the theme “Wisdom, Goodness and Giving”, Dubai Quality Group kicked off the 15th Cycle of Emirates Women Awards (EWA), under the patronage of H.H. Shaikh Ahmad Bin Saeed Al Maktoum, Chairman and Chief Executive Emirates Airline & Group, to empower UAE professional &...

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Business & Money | Thursday 5 April, 2018 3:33 pm

Blockchain Meets Drone Vehicle at the Future Cities Show

The world of individual, collective and sustainable mobility is challenged colossally in urban areas. With rapid city growth, more people are crowding into small areas, so conventional mobility concepts and local public transportation are reaching the limits of their capability. Traffic cramming...

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Business & Money | Thursday 5 April, 2018 3:03 pm

Bahri’s ‘NCC Amal’ transports first chemical shipment from Aramco Trading Company

Bahri, a global leader in logistics and transportation, announced the transportation of the first chemical shipment from Aramco Trading Company (ATC), a wholly-owned subsidiary of Saudi Aramco that trades refined, liquid chemical and polymer products, via ‘NCC Amal,’ a 45,000...

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