Business & Money | Wednesday 5 August, 2015 2:40 am

Low oil price the catalyst for proactive debate by marine industry

  Seatrade Offshore Marine & Workboats Middle East - the region’s leading event for offshore marine-related industries, workboat operators, builders and equipment suppliers – has revealed details of its 2015 conference programme with a stellar line-up of industry influencers ...

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Business & Money | Tuesday 4 August, 2015 12:27 pm

YPO: African Business Confidence Slips to Six-Year Low

Confidence amongst business leaders in Africa fell to its lowest level since October 2009 in the second quarter of 2015. The YPO Global Pulse Confidence Index for Africa, which tracks CEO confidence levels in the region on a quarterly basis, slipped 3.2 points to 57.4, on the back of a...

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Business & Money | Tuesday 4 August, 2015 12:00 pm

GIB Capital Wins ‘Best IPO’, ‘Best Sovereign Bond’ and ‘Best Merger & Acquisition’ 2015

GIB Capital LLC, the Saudi-based investment banking arm of Gulf International Bank (GIB), was recently granted three key awards by EMEA Finance magazine for their role in key transactions in 2014. GIB Capital won the“Best IPO Deal in the Middle East” award for acting as Co-Financial...

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Business & Money | Tuesday 4 August, 2015 6:05 am

King honors Panda Retail Company for role in Khair Makkah project

Custodian of Two Holy Mosques King Salman has recently honored Panda Retail Company for its active contribution in setting up Khair Makkah welfare investment project, the proceeds of which will go to Disabled Children's Association. Prince Sultan bin Salman, chairman of the board of directors...

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Business & Money | Tuesday 4 August, 2015 12:14 am

GOIC hosts the technical committee’s meeting to discuss the strategy aiming at developing GCC non-oil industrial exports

The Gulf Organization for Industrial Consulting (GOIC) is hosting the meeting of the technical committee at its headquarters in Doha on the 4th and 5th of August 2015. The Secretariat-General of the Gulf Cooperation Council had convened this meeting of GCC members of the technical committee in...

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Business & Money | Tuesday 4 August, 2015 12:11 am

Moody’s Analytics Releases New Version of RiskOrigins™ Credit Risk Lifecycle Solution for Commercial Lenders

 Moody’s Analytics, a leader in credit risk management, today announced that it has enhanced its RiskOrigins solution, which provides credit decisioning and monitoring for commercial lenders. Among the enhancements are a new collaborative workflow model and deal structuring...

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Business & Money | Tuesday 4 August, 2015 12:07 am

 Permanent MENA representatives to international organizations in Vienna visited Russian Atommash and Rostov NPP

The permanent representatives of foreign countries to international organizations in Vienna recently, paid a visit to Rostov region in the framework of cooperation in the area of use of atomic energy in peaceful purposes and for acquaintance with modern Russian technologies for NPP construction and ...

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Business & Money | Monday 3 August, 2015 3:31 pm

MIDDLE EAST INVESTORS TO SPEND US$15.0 BILLION PER YEAR IN GLOBAL REAL ESTATE MARKETS

An average of $15.0 billion per year will flow out of the Middle East into direct real estate globally in the near term, according to the latest research from global property advisor CBRE Group, Inc.   The Middle Eastern investor base has expanded, fueled by weakening oil prices; this...

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Business & Money | Monday 3 August, 2015 12:24 pm

SFC Announce the appointment of Waleed Fatani as Chief Executive Officer

Saudi Fransi Capital has appointed Mr. Waleed Fatani as a Chief Executive Officer. In this regard, Chairman of the board Mr. AbdulAziz Al-Rashid commented “The appointment of Mr. Fatani is a distinctive addition that complement our growth strategy, where many achievements were...

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Business & Money | Monday 3 August, 2015 12:10 pm

JOTUN SENDS 10 LUCKY PRIZE WINNERS ON ALL-EXPENSE PAID TRIPS TO TURKEY

Jotun, the Kingdom’s No.1 in paint manufacturing, has brought to an end a two-month campaign promoting its premier exterior paint, Jotashield. The campaign culminated with a drawing to award 10 lucky winners all-expense paid trips to Turkey. “Jotun has reached the top market position ...

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