Business & Money | Tuesday 24 March, 2015 12:58 pm

KPMG Lower Gulf and Hawkamah launch first Audit Committee Institute (ACI) in the UAE

• ACI will enhance effectiveness of financial reporting and corporate governance in the UAE and MENA region• Institute will be open to audit committee members of private, public and UAE government institutions• KPMG GCC ACI Survey indicates that operation risk, financial reporting and...

More Details

Business & Money | Tuesday 24 March, 2015 12:34 pm

GCC family businesses provide female leadership opportunities

Nigel Nicholson, Professor of Organisational Behaviour, London Business School, comments:“Family firms, which represent up to 80 per cent of the region’s non-oil economy, offer women unique opportunities to fast track into leadership positions.“As we know from behavioural science, fitness to...

More Details

Business & Money | Tuesday 24 March, 2015 11:33 am

Choueiri Group - Title Sponsors of the 10th Dubai Corporate Games

Choueiri Group renewed its Title Sponsorship of the Dubai Corporate Games for the 8th consecutive year, as the 10th edition of the premier corporate sporting event kicked off on the weekend of March 13- 14, 2015.The event’s now staple American University in Dubai (AUD) campus venue featured...

More Details

Business & Money | Tuesday 24 March, 2015 1:01 am

GULFOOD’S LANDMARK 20TH ANNIVERSARY EDITION DELIVERS BIGGEST AND MOST INFLUENTIAL EDITION IN SHOW’S HISTORY

Generates trade opportunities worth billions of dollarsNew UAE Halal Mark launched during Gulfood 2015, propelling Dubai’s Islamic Economy visionConfirming the show’s standing as the world’s leading gateway for foodstuff commodities trade, Gulfood’s landmark 20th anniversary edition...

More Details

Business & Money | Monday 23 March, 2015 5:59 pm

Precious metals enjoy boost from dovish FOMC

Head of Commodity Strategy at Saxo Bank Ole Sloth HansenThe Federal Open Market Committee meeting on Wednesday was the highlight of this week. A lot of attention is currently being given to the US Federal Reserve as speculation about when and by how much it will raise its official Fed Funds rates....

More Details

Business & Money | Monday 23 March, 2015 5:54 pm

flynas aviation carrier for 10th Hail Rally

Airline increases presence in Hail with daily flights from Riyadh National Saudi carrier flynas is the designated aviation carrier for the 2015 Hail International Rally, held this year in its tenth iteration by the High Commission for Development in Hail Region.HRH Prince Saud Bin Abdulmohsen Bin...

More Details

Business & Money | Monday 23 March, 2015 5:39 pm

Mobily Interacts with the World Day of Down Syndrome by Sending Awareness SMSs to Its Customers

Etihad Etisalat Mobily interacted with the World Day of Down syndrome by sending awareness SMSs to its subscribers in cooperation with the Down Down Syndrome Charity Association (DSCA), in a move to aware people with this syndrome, and those who suffer from it, especially children, and how to...

More Details

Business & Money | Monday 23 March, 2015 5:10 pm

First ever NAPCO Annual Invitational dinner highlights company’s strategic roadmap to development

Expansion to cover acquisition of new equipment aimed at increasing productivity and improving efficiencies National Aluminium Products Company SAOG (NAPCO), one of the leading extruders of aluminium profiles in the GCC, successfully hosted its first Annual Invitational dinner recently at the...

More Details

Business & Money | Monday 23 March, 2015 4:59 pm

Jadwa-led consortium acquires majority stake in Saudi Mechanical Industries

Jadwa Investment, a leading Saudi Arabian private equity house and investment bank, today announced the acquisition of a majority stake in Saudi Mechanical Industries (SMI) by the Jadwa Mechanical Opportunities Fund along with Arab Petroleum Investments Corporation (APICORP). Headquartered in...

More Details

Business & Money | Monday 23 March, 2015 3:58 pm

Annual General Meeting of Al Baraka Banking Group approves US$ 54.7 million in Cash Dividend and Bonus Shares

- Al Baraka Banking Group B.S.C held its Ordinary and Extra-ordinary General Meetings on 23rd March 2015 in Manama, the capital of the Kingdom of Bahrain. The Group's shareholders reviewed in relation to the financial year ended 31 December 2014 the report of the Board of Directors on the...

More Details