Business & Money | Wednesday 27 May, 2015 2:52 pm

Masharie divests stake in International Rubber Company

Masharie LLC, the private equity arm of Dubai Investments PJSC – a leading investment company listed on DFM, has announced divestment of its 51% stake in both International Rubber Company [IRC] and Techno Rubber Company [TRC] for AED 36.5 million. The stake sale in IRC and TRC generated an...

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Business & Money | Wednesday 27 May, 2015 2:24 pm

Bayt.com to Host EdExpo, the Largest Virtual Education Event in the Middle East

Bayt.com, the region’s number one career site, will host its annual virtual education event, EdExpo, on June 1 to June 3, 2015. Anyone can register online for free and connect with the admission departments of top international educational institutions, including Cass Business School, Amity, and...

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Business & Money | Wednesday 27 May, 2015 1:57 pm

Local retailer Aswaaq celebrates 6 years of achievements with 6 major promotions

The UAE’s first street market-themed community mall, Aswaaq today announced the kick-off of 6 mega-promotions across all its outlets, to mark 6 years since the historic opening of its first center. The promotions include 6 supermarket offers of generous discounts for general shoppers and...

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Business & Money | Wednesday 27 May, 2015 8:26 am

Kingdom’s worker accommodations in desperate need of solutions

Anan Iskan, a Saudi company that specializes in building residential facilities for foreign workers, held an awareness seminar on workers’ rights and housing solutions.The seminar came amid continuing concerns over slum conditions for workers in major cities all over the Kingdom, which continue...

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Business & Money | Wednesday 27 May, 2015 1:38 am

IREIS 2015 to Leverage Strong Interest from Local and International Realtors

The seventh edition of the International Real Estate and Investment Show (IREIS 2015) will showcase a diverse array of property investment opportunities within the UAE and worldwide, organizers Dome Exhibitions have announced. To run from 29 to 31 October at the Abu Dhabi National Exhibition Centre ...

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Business & Money | Wednesday 27 May, 2015 1:32 am

AlKhair Saudi Equity Fund among highest in Kingdom

AlKhair Capital, a leading Saudi-based investment institution, ranked 6th among the highest growing mutual funds in Saudi Arabia for 2014. AlKhair’s Equity Fund was valued at 46.62 with a +12% percentage change. This is a great accomplishment for Alkhair as it comes during a time when markets are ...

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Business & Money | Wednesday 27 May, 2015 12:53 am

Strategic Partnership with Motorcycles Manufacturing Giant, Suzuki

Petromin, the leading corporation for petroleum products and vehicles services, has entered a qualitative new stage in its provision of services and products across over 35 countries in the Middle East, Asia and Africa.Petromin has signed a strategic partnership agreement with Suzuki-Barayan, the...

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Business & Money | Wednesday 27 May, 2015 12:10 am

Hill+Knowlton and Buchanan join forces to launch H+K Financial

Hill+Knowlton Strategies (H+K), the Middle East and Africa region’s (MEA) longest established international communications consultancy, and Buchanan, one of the world’s leading financial communications consultancies, have joined forces to launch H+K Financial, a specialist financial...

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Business & Money | Tuesday 26 May, 2015 2:38 pm

AL RAJHI BANK SELECTS DIEBOLD’S TECHNOLOGY TO DRIVE BRANCH AUTOMATION STRATEGY

Al Rajhi Bank, one of the largest Islamic banks in the world, has selected Diebold’s technology to migrate transactions from the traditional teller line to the self-service channel and transform the in-branch banking experience for its customers. In Saudi Arabia, the vast majority of transactions ...

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Business & Money | Tuesday 26 May, 2015 6:57 am

AlKhair Capital IPOs Fund launched

The fund aims at capital growth in the long term and investors will be able to invest with an initial minimum subscription of SR 10,000. For the fund investment purposes, all companies will be compliant with AlKhair Capital KSA's Sharia standards and guidelines.
“The fund is designed to achieve ...

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