Technology & IT | Tuesday 1 December, 2015 1:41 am

Ericsson and Zain present the Middle East’s first proof of concept for Network Functions Virtualization

The first day of the Zain Technology Conference in Bahrain saw Ericsson (NASDAQ: ERIC) and Zain announce the Middle East’s first proof of concept for virtual Evolved Packet Core (vEPC) and virtual IP Multimedia Subsystem (vIMS) solutions combined together with an ambition to offer customers a ...

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Business & Money | Tuesday 1 December, 2015 12:45 am

WCU: Oil market turning attention to Opec and Saudi Arabia

Hedge funds have accumulated the first net-short across key commodities and following six weeks of continuous selling the sector paused ahead of several critical event risks over the coming weeks.  Continued focus on oversupply ahead of the December 4 Opec meeting kept oil under pressure,...

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Business & Money | Monday 30 November, 2015 3:55 pm

Art Dubai Announces Galleries Participaiting In Its Tenth Edition

Art Dubai announced today the list of galleries participating in its tenth edition, taking place at Madinat Jumeirah, Dubai, March 16-19, 2016.   Reaffirming its reputation as the most global of art fairs, Art Dubai 2016 features the largest and most internationally diverse line-up to...

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Technology & IT | Monday 30 November, 2015 3:53 pm

Buck Consultants at Xerox Offers Employers an Affordable HR Portal

Providing Employees a Fully Personalized Experience Expectations for workforce technology continue to evolve. Employees now want their work experience to mirror personal device use. However, many employers don’t have the budget to put that kind of technology in place. Today, Buck...

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Business & Money | Monday 30 November, 2015 3:35 pm

International credit rating agencies Moody's and Fitch affirm Gulf International Bank's ratings

International credit rating agencies Moody’s and Fitch have both recently affirmed Gulf International Bank’s (GIB) credit ratings. Fitch affirmed GIB's long term credit rating at 'A' with a stable outlook. Moody’s Investors Service (Moody’s) affirmed GIB’s...

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Business & Money | Monday 30 November, 2015 3:25 pm

EMP Partners with PayFort International to Deliver Enhanced E-Commerce Services to Merchants

Emerging Markets Payments (EMP), the leading payments processing company in Africa and the Middle East, has announced a partnership with PayFort International to deliver enhanced e-commerce services to merchants in Jordan.    PayFort is a trusted online payment service provider...

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Tourism & Hospitality | Monday 30 November, 2015 2:14 pm

ONE&ONLY RESORTS CELEBRATE THIS FESTIVE SEASON BY INTRODUCING EXCITING EXPERIENCES

One&Only, the award-winning collection of ultra-luxury resorts, is preparing for the festive season with unique, memorable events at each resort. From evenings of champagne, themed dinners under the stars, to special activities and surprises for kids, families can look forward to fun-filled...

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Beauty & Style | Monday 30 November, 2015 2:10 pm

Giorgio Armani store opens in Boulevard

Crowning a 25 year presence in the Kingdom of Saudi Arabia, iconic Italian fashion designer Giorgio Armani has opened two stand-alone stores in Boulevard, Jeddah’s premier destination for fashion and luxury goods.   “We are thrilled at the opening of these superbly designed...

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Business & Money | Monday 30 November, 2015 1:54 pm

Samsung Electronics Redefines Quality Standards in Heating, Ventilation, and Air Conditioning Technologies

The main drivers behind Saudi Arabia’s air conditioner market growth are extreme climatic conditions, rising income levels and rapidly growing infrastructure. They will lead to an increase in electricity consumption and higher consumer expectations in technology advancements. Companies...

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Business & Money | Monday 30 November, 2015 1:46 pm

PwC’s Academy honoured at the ICAEW Middle East Accountancy and Finance Excellence Awards

PwC’s Academy received the “Excellence in training and development of finance professionals” award last week at the prestigious awards ceremony, the Middle East Accountancy and Finance Excellence Awards event in Dubai. Held under the patronage of H.H. Sheikh Nahyan Bin Mubarak Al...

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