Business & Money | Wednesday 31 January, 2018 1:43 pm

UAE ranks 13th Most Promising Economy for Investment in 2017-19: UNCTAD/IPA Survey

The UAE has been named the 13th Most Promising Home Economy for Investment in 2017-19 according to a survey conducted by the United Nations Council for Trade and Development (UNCTAD) and Investment Promotion Agency (IPA) Observer.   The ranking, published in the UNCTAD’s recently...

More Details

Business & Money | Wednesday 31 January, 2018 12:00 pm

The International Property Show drives Dubai’s real estate sector with the Dubai Property Festival

The International Property Show (IPS), the Middle East’s biggest property sales platform for local and international real estate markets, is driving Dubai’s real estate sector with the launch of the Dubai Property Festival, which has been launched in cooperation with Dubai Land...

More Details

Business & Money | Wednesday 31 January, 2018 11:40 am

Avaya Acquires Spoken Communications, a Leading Contact Center as a Service Provider

Avaya Holdings Corp. (NYSE:  AVYA), a leading global business communications company announced it has signed a definitive agreement to acquire Spoken Communications ("Spoken"), a leading innovator in Contact Center as a Service (CCaaS) solutions for enterprise customers and a...

More Details

Business & Money | Wednesday 31 January, 2018 10:44 am

Sipchem MANAR Announces Signing Services Agreement for Testing and Analytical Services

Saudi International Petrochemical Company (Sipchem) announces that its Technology and Innovation Center (MANAR) has signed a technical services agreement with Everspring Middle East WLL. for the provision of testing and analytical services.   The scope of the services agreement will...

More Details

Business & Money | Wednesday 31 January, 2018 10:35 am

Nakheel generates profit of AED5.67 billion in 2017

Nakheel today announced a net profit of AED5.67 billion for 2017, up 14 per cent on 2016.   Nakheel generated a net profit of AED1.67 billion in Q4 of 2017, an increase of 58 per cent on the same period in 2016.   The 2017 results highlight the stability and maturity of...

More Details

Business & Money | Wednesday 31 January, 2018 10:20 am

Al Naboodah Group Enterprises Appoints BIOS for Disaster Recovery Coverage

BIOS, a specialist in disaster recovery services, has been appointed Disaster Recovery Service (DraaS) provider by Al Naboodah Group Enterprises (ANGE), one of the UAE's oldest and most respected family conglomerates with a diverse portfolio of businesses.   BIOS is the first and...

More Details

Business & Money | Wednesday 31 January, 2018 7:30 am

SGS Company serviced 87,873,034 passengers in 2017

For the leading national ground handling Saudi Ground Services Company (SGS) 2017 was a very busy year, where the company served over 87,873,000 passengers and 344,028 flights for 99 of SGS airline customers at all 27 airports around the kingdom. SGS employees had also handled over 89,677,480...

More Details

Business & Money | Wednesday 31 January, 2018 6:56 am

Several global firms to invest in Al-Faisaliah City: Makkah Emir

Prince Khaled Al-Faisal, emir of Makkah and adviser to Custodian of the Two Holy Mosques, said that as many as 10 international and Saudi companies have come forward to invest in the new Al-Faisaliah City project even before the bids were invited for the project. “This shows the...

More Details

Business & Money | Wednesday 31 January, 2018 1:19 am

Frames speak a 1000 words at ‘Town Square’

UAE’s top-quality frame and canvas printing service provider – Pickframes.com, has opened up its store at the ‘Town Square’, the vibrant retail destination within Al Forsan Village. The Town Square is already home to several ‘community focused’ brands. These...

More Details

Business & Money | Tuesday 30 January, 2018 1:00 pm

Kpmg Follows Vat Implementation With New Workshop on How to Handle the New Tax: “a Clearer Vat Perspective”

Confirming its role as one of the best resourced professional service networks in the region, KPMG in Saudi Arabia is organizing a series of three workshops in Khobar, Riyadh and Jeddah presenting the latest updates on the January 1 implementation of the Value-Added Tax (VAT). Entitled “A...

More Details