Business & Money | Thursday 20 June, 2019 12:36 pm

Saudi Ambassador to Germany visits SAMI’s booth at the Paris Air Show

His Highness Prince Faisal bin Farhan Al-Saud, Ambassador of Saudi Arabia to the Federal Republic of Germany, has paid a visit today to the exhibition booth of the Saudi Arabian Military Industries company (SAMI) at the Paris Air Show at Le Bourget Airport. The largest of its kind in the world in...

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Business & Money | Thursday 20 June, 2019 2:41 am

ADNEC Introduces Abu Dhabi International Boat Show 2019 to Global Audience at ICOMIA/IFBSO Conference

Abu Dhabi National Exhibitions Company (ADNEC) recently attended the International Council of Marine Industry Associations (ICOMIA) / International Federation of Boat Show Organisers (IFBSO) Conference alongside key industry stakeholders to promote the 2019 edition of Abu Dhabi...

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Business & Money | Thursday 20 June, 2019 1:56 am

48 brands receive Superbrands recognition at Gala Event

Superbrands, the independent authority and arbiter of branding, recognised and honoured forty-eight leading brands from the UAE who were awarded Superbrands status at the 15thannual Superbrands tribute event, which was held at the Intercontinental Hotel in Dubai Festival City. The 2019 Superbrands...

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Business & Money | Wednesday 19 June, 2019 12:22 pm

L3 Technologies and Saudi Arabian Military Industries Enter Into Joint Venture

L3 Technologies (NYSE:LLL) announced yesterday that it has signed a joint venture agreement with Saudi Arabian Military Industries (SAMI) to collaborate on electro-optical and infrared (EO/IR) and special mission systems projects within the Kingdom of Saudi Arabia (KSA). The contract was signed on...

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Business & Money | Wednesday 19 June, 2019 11:53 am

Rhino charges into ME car rental space after signing partnership agreement with TIME Hotels

Award-winning, UK-based car hire company, Rhino, has launched its operations in the Middle East, after signing a strategic agreement with UAE-based TIME Hotels.   TIME Hotels is now a contracted affiliate of Rhinocarhire.ae allowing TIME to offer ‘live’ car rental bookings...

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Business & Money | Wednesday 19 June, 2019 11:45 am

Saudi Arabia's banking sector continues to grow while embracing the digital agenda: KPMG

KPMG recently released its fourth edition of the “GCC listed banks’ results” report, which analyzes the published results of listed commercial banks across the region for the year ended 31 December 2018.   The report, titled "Embracing Digital", shows that...

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Business & Money | Wednesday 19 June, 2019 10:48 am

DAMAC launches luxury homes in Business Bay at only AED 6,999 per month

DAMAC Properties announced the launch of its new project, ‘Zada’, in Dubai’s Business Bay area. Priced at AED 699,999, the exquisitely designed one-bedroom apartments offer views of the iconic Dubai Canal. The official launch will take place on 29th June 2019, and DAMAC is...

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Business & Money | Wednesday 19 June, 2019 12:58 am

PepsiCo boosts women empowerment in Saudi Arabia with the launch of Tamakani

PepsiCo, the global food and beverage company, launched Tamakani, a dedicated platform that aims to support and inspire generations of women in the Kingdom of Saudi Arabia.    The platform will helpcreate opportunities and guidance for women with promising capabilities, provide...

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Business & Money | Tuesday 18 June, 2019 3:16 pm

Corporate Finance Leaders across the Middle East Region Remain Optimistic For Future Growth According to New American Express Global Survey

Senior finance executives across the Middle East remain optimistic about the economy, the outlook for their companies and their investments for the future, despite economic uncertainty, according to the 2019 Global Business & Spending Outlook, a survey released today by American Express...

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Business & Money | Tuesday 18 June, 2019 3:14 pm

Jadwa Investment’s Portfolio Companies Complete Four Acquisitions in 2018

Jadwa Investment, a leading  regional investment management and advisory firm, today announced the completion of four bolt-on acquisitions for three of its private equity portfolio companies in 2018. All four transactions were in the healthcare sector, spanning medical supplies,...

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