Business & Money | Wednesday 7 August, 2019 2:08 pm

DFSA signs MoU with the Central Bank of Egypt

The Dubai Financial Services Authority (DFSA) signed a memorandum of understanding (MoU) with the Central Bank of Egypt (CBE) to enhance the relationship and cooperation between both institutions and facilitate the performance of their respective supervisory tasks and promote the safety and...

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Business & Money | Wednesday 7 August, 2019 6:48 am

Benefits to young people of becoming a freelancer a focus at International Youth Day event

The benefits of becoming a freelancer for those young people who have completed their higher education, will be one of the main topics discussed at International Youth Day, where Ajman Free Zone is a sponsor. The event will be held on Thursday August 8th.  The event, an initiative by Ajman...

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Business & Money | Wednesday 7 August, 2019 4:44 am

Imdaad Launches Imtiaz Academy to Elevate Standards 
in Facilities Management Sector

Imdaad, a Dubai-based group of companies that provides integrated, sustainable facilities management services that enhance operational efficiencies of physical assets, has recently launched Imtiaz Academy, its new training center in the emirate, which is designed to equip Imdaad team members with...

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Business & Money | Wednesday 7 August, 2019 3:35 am

Emirates Islamic hands over Tesla to Kunooz Account winner

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced the lucky winner of its monthly Kunooz Savings Account draw for June 2019. Sudanese national Azza Taha Mohammed Ahmed Taha was handed the keys to her brand-new car at the Tesla showroom in...

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Business & Money | Wednesday 7 August, 2019 3:20 am

Shaker Group reports Q2 2019: Revenues increase 19.4%

Shaker Group (“Al Hassan Ghazi Ibrahim Shaker Co.”, the “Company” or the “Group”), Saudi Arabia’s leading importer, manufacturer and distributor of Air Conditioners and Home Appliances, has announced its interim financial results for the 6-month period...

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Business & Money | Tuesday 6 August, 2019 4:28 pm

EY: 6 MENA IPO deals raise US$2,822.5m in Q2 2019

According to the EY MENA IPO Eye Report, MENA IPO deal value increased by 222.6% to US$2,822.5m in Q2 2019, up from US$874.9m in Q2 2018. Six deals were recorded in Q2 2019, including one REIT listing, a decrease of 33.3% from the nine deals listed in Q2 2018.   The second quarter of the ...

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Business & Money | Tuesday 6 August, 2019 3:42 pm

Celebrating the appointment of Liquigas Liban S.A.L. as Exclusive Agent for marketing and sales of the International products of Mobil lubricants in Lebanon

In celebration of the Exclusive Commissioning granted by  the Arabian Petroleum Supply company “APSCO”, based in Jeddah – Saudi Arabia, to Liquigas Liban S.A.L. “Liquigas”,  based in Zouk Mikael – Lebanon,  whereas Liquigas has...

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Business & Money | Tuesday 6 August, 2019 2:05 pm

Two Transmedia Initiatives Aimed at Encouraging Emirati and Arab youth launched by Jawaher Khalifa Al Khalifa Foundation for Youth Empowerment and Art Format Lab

Aimed at supporting talented Arab and Emirati youth in the region whilst also honing their scientific and cultural abilities, Sheikha Jawaher bint Khalifa Al Khalifa and Khulud Abu Homos, on Behalf of Jawaher Khalifa Al Khalifa Foundation for Youth Empowerment and Art Format Lab Production,...

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Business & Money | Tuesday 6 August, 2019 1:36 pm

“Jollychic” obtained Aed 239 million C+ round of strategic investment funds from Middle East technology giant

Jollychic, the Middle East leading e-commerce platform, has recently completed C+ funding round, obtaining US $65 million(AED 238.5 million) in investment, the investor is the UAE technology giant G42 Group. In an unprecedented move of local strategic investor to fund a Chinese e-commerce...

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Business & Money | Tuesday 6 August, 2019 1:33 pm

“Jollychic” obtained Aed 239 million C+ round of strategic investment funds from Middle East technology giant

Jollychic, the Middle East leading e-commerce platform, has recently completed C+ funding round, obtaining US $65 million(AED 238.5 million) in investment, the investor is the UAE technology giant G42 Group. In an unprecedented move of local strategic investor to fund a Chinese e-commerce...

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