Business & Money | Monday 8 April, 2019 2:00 am

Hisense Announces Successful Acquisition of Slovenian Home Appliances Firm Gorenje

Hisense® a leading television and appliance manufacturer and UEFA EURO 2020™ partner, has acquired the Slovenian home appliances producer Gorenje for 339 million U.S. dollars, which is viewed as one of the largest acquisitions in the Slovenian history. The acquisition procedure was...

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Business & Money | Sunday 7 April, 2019 1:46 pm

UAE’s intelligent transportation system sector to witness 9.2 percent CAGR during 2017-2023: report

The UAE’s intelligent transportation system market is seen to experience a compound annual growth rate (CAGR) of 9.2 percent during 2017-2023. An industry report released by Research and Market showed that the segment is poised for healthy growth within the covered period due to a number of...

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Business & Money | Sunday 7 April, 2019 12:53 pm

Annual Investment Meeting 2019 to host strategic sessions to draw foreign direct investments

The organizing committee of the Annual Investment Meeting 2019, has completed the preparations for the upcoming event, which will be held from 8thto 10thof April in Dubai. More than 20,000+ corporate leaders, policy makers, businessmen, regional and international investors, entrepreneurs, leading...

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Business & Money | Sunday 7 April, 2019 11:25 am

Dubai Investments Park Signs Contract to Commission New 132/11kv DEWA Substation

Dubai Investments Park, the wholly owned subsidiary of Dubai Investments PJSC and the region’s unique integrated, commercial, industrial, and residential community, has signed an $86 million contract with ABB Industries LLC to commission a new 132/11kv DEWA substation at DIP.   The ...

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Business & Money | Sunday 7 April, 2019 10:51 am

ECC and Prime Metal Industries delivers Happiness Street Car Park at Dubai World Trade Centre

UAE-based, Engineering Contracting Company Group (ECC), in partnership with McLaren Construction, a UK-based company with operations in the UAE, have announced the successful delivery of their latest project - the Happiness Street Car Park at Dubai World Trade Centre (DWTC).    The...

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Business & Money | Sunday 7 April, 2019 10:35 am

Cityscape Jeddah Workshops to Explore Real Estate Diversification and Market Revitalisation

Diversification in Saudi Arabia’s real estate landscape to energise the market will be the major topic under the microscope at Cityscape Jeddah Workshops tomorrow (7 April). The agenda-setting workshops, which run on the exhibition floor of the Cityscape Jeddah 2019 – the largest...

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Business & Money | Sunday 7 April, 2019 6:36 am

Cityscape Jeddah workshops explore realty diversification and market revitalization

Diversification in Saudi Arabia’s real estate landscape to energize the market will be the major topic under the microscope at Cityscape Jeddah Workshops today (April 7). The agenda-setting workshops, which run on the exhibition floor of the Cityscape Jeddah 2019 – the largest...

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Business & Money | Sunday 7 April, 2019 5:02 am

5G to create 20,000 jobs for Saudis by 2030

Deputy Minister of Communications and Information Technology Haytham Bin Abdulrahman Al-Ohali said that 5G is projected to contribute more than $19 billion to Saudi Arabia’s GDP and create almost 20,000 new ICT jobs by 2030. 5G is also expected to support 45 million new Internet of Things...

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Business & Money | Sunday 7 April, 2019 4:10 am

Saudi Arabia's SAGIA holds London seminar aimed at foreign investors

Representatives from the Saudi Arabia General Investment Authority (SAGIA) held a seminar for foreign entrepreneurs interested in investing in the Kingdom in London on Saturday, at the Arab-British Chamber of Commerce (ABCC). The seminar, “Commercial business practices in Saudi...

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Business & Money | Sunday 7 April, 2019 3:51 am

wasl continues its youth awareness programmes

wasl properties, asubsidiary of wasl Asset Management Group,affirmed that its real estate project offers aim to promote real estate investment as a saving solution and introduce new practices among the youth to empower them to face the future. The company continues to roll out its awareness...

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