Business & Money | Sunday 15 March, 2015 2:16 am

Knauf to highlight ECOSE® Technology at Big 5 Saudi

Knauf Exeed Insulation is participating in Big 5 Saudi at stand number 2 G53 to create awareness among construction companies in Saudi Arabia on the potential benefits of using the company’s Phenol Formaldehyde free ECOSE® Technology for insulation. Mineral wool with ECOSE® Technology is the...

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Business & Money | Sunday 15 March, 2015 12:00 am

Experts To Debate MENA Prepaid Market: Multi-Currency Prepaid Travel Cards Under Spotlight

Prepaid Summit and Awards: Middle East 2015 in association with Visa This week’s sixth Prepaid Summit: Middle East is set to table a smorgasbord of current and emerging trends, according to Douglas Blakey, Group Editor for Consumer Finance at Timetric Financial Services, the event organiser. He...

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Business & Money | Sunday 15 March, 2015 12:00 am

Residential projects on fast track in DIP; 1,150 units currently under construction

DIP to have nearly 15,000 residential units when the current construction phase is completed in three years’ timeDubai Investments Park [DIP], the unique integrated commercial, industrial and residential community in Middle East and a subsidiary of Dubai Investments, has announced that over 1,150 ...

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Business & Money | Sunday 15 March, 2015 12:00 am

Masdar, ACWA Power, EEHC Sign MoU to Explore New Power Generation in Egypt

Agreement envisions up to 4GW of renewable and natural gas projects Masdar, ACWA Power and the Egyptian Electricity Holding Company (EEHC) have concluded a Memorandum of Understanding (MoU) to explore developing up to 4 Gigawatts of renewable and natural gas power generation projects in Egypt. Dr....

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Business & Money | Friday 13 March, 2015 3:43 am

100% foreign ownership in most sectors: SAGIA

Saudi Arabia allows foreign investors to have 100 percent ownership of their projects, except in four sectors where they require a Saudi partner, said a senior official of Saudi Arabian General Investment Authority (SAGIA).Ayedh Al-Otaibi, director of Investment Regulations Development and...

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Business & Money | Friday 13 March, 2015 3:39 am

Govt orders Saudization of public transport industry

Makkah Gov. Prince Khaled Al-Faisal, who is also the chairman of the ministerial supervisory committee on public transport, has ordered all contracts for the public transport system (including metro and buses) in Makkah, Jeddah and Taif to incorporate a clause for the Saudization of the public...

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Business & Money | Friday 13 March, 2015 3:38 am

Saudi push to boost Egyptian economy

World leaders have started arriving in Sharm El-Sheikh to attend a major economic conference that opens on Friday to mobilize $12 billion in foreign investment to jump-start Egypt’s battered economy.Crown Prince Muqrin, deputy premier, will lead the Kingdom’s delegation to the conference, said...

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Business & Money | Friday 13 March, 2015 3:04 am

Official Partnership Launch Between Longines & Behbehani Group

To spread their wings further, on 11 March 2015, Mr. Walter von Känel, President of Longines, and Mr. Ali Morad Behbehani, Behbehani Group President, announced the partnership of Longines with the Behbehani Group by adding Longines to the multi brand boutique belonging to the Behbehani Group in...

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Business & Money | Thursday 12 March, 2015 4:10 pm

MEED Qatar Projects conference told that Qatar NMB clearing centre to open in April

The Middle East's first hub for clearing transactions in the Chinese Yuan is to open in Doha in April, Qatar Central Bank Governor Sheikh Abdullah Saoud Al-Thani told the annual MEED Qatar Projects Conference. He said that the move is part of a programme of initiatives involving Chinathat include...

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Business & Money | Thursday 12 March, 2015 3:08 pm

GROHE presents “Masters of Technology”

For many decades, GROHE has been hailed an industry leader, based on the excellence of its products. Now the company is shifting attention back to its technological roots. Its new campaign underlines its status as a leading developer and manufacturer of faucets, fittings, showers and systems, which ...

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