Business & Money | Thursday 8 November, 2018 1:43 pm

Shaker Group announces reduced Q3 losses as optimisation measures take effect

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 financial results for the third quarter and the...

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Business & Money | Thursday 8 November, 2018 11:33 am

Sharjah Wins Top Honour for RMB 2 Billion Panda Bond At GFC Media Group Awards

The Government of Sharjah won the “Sovereign Debt Finance Deal of the Year” award at the Bonds, Loans & Sukuk Awards Middle East for the successful issuance of an RMB 2 billion, or US$ 316 million, Panda Bond. The award was presented by the leading international media organisation...

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Business & Money | Thursday 8 November, 2018 7:00 am

International Investment Bank (IIB) announces successful exit from aircraft investment, achieving 18% IRR

International Investment Bank B.S.C. (IIB), an Islamic wholesale investment bank based in the Kingdom of Bahrain, announced a successful exit from its investment in an Airbus wide-body aircraft leased to a European airline, which generated an IRR of 18%. The Bank, which is owned by major...

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Environment & Energy | Thursday 8 November, 2018 5:07 am

Heavy rain expected till Sunday

Most regions of the Kingdom will witness moderate to heavy rain from Thursday till Sunday, according to a statement of The General Authority of Meteorology and Environmental Protection. The authority has forecast that the rain would be accompanied by thunder, sandstorm and snowfall, the Saudi...

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Business & Money | Thursday 8 November, 2018 4:00 am

Innovation Centre opens in Dubai marking a new era for MENA food & beverage production industry

A new creative space in Dubai has been unveiled to mark a revolution in the way food and beverage products are packaged and delivered to customers. The Innovation and Reliability Centre (IRC) at SIG Combibloc Obeikan (SIG CBOB), one of the world’s leading suppliers of carton packaging and...

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Tourism & Hospitality | Thursday 8 November, 2018 3:52 am

Uber Eats celebrates phenomenal growth in the Kingdom by giving away meals in doubles

Having launched just six months ago, Uber Eats has rapidly established itself as the fastest and fastest growing food delivery service in the Kingdom. To mark the occasion, it today announces an unprecedented buy-one-get-one-free offer for Eaters in the country, giving away double meals during the...

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Culture & Education | Thursday 8 November, 2018 3:48 am

National Media Council Accredits 5 Entities in Content Self-Monitoring Programme

The National Media Council (NMC) has accredited five entities in its “Content Self-Monitoring Programme” in an effort to facilitate operations at bookshops and publishing houses and to promotewriting, publishing and reading in the UAE.    The Programme allows...

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Government | Thursday 8 November, 2018 2:54 am

Warm welcome for King in Hail

Custodian of the Two Holy Mosques King Salman attended a public reception hosted by the people of Hail region here on Wednesday evening. Crown Prince Muhammad Bin Salman, deputy premier and minister of defense, Prince Abdul Aziz Bin Saad, emir of Hail, and several princes, ministers and high...

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Business & Money | Thursday 8 November, 2018 2:43 am

Azizi Developments joins hands with Dubai Blood Donation Centre by holding a blood donation campaign

Azizi Developments, one of the leading private developers in the UAE, organised a blood donation drive in association with Dubai Blood Donation Centre at its head offices today at API World Tower. Azizi Developments believes that CSR initiatives such as blood donation drives support humanitarian ...

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Technology & IT | Thursday 8 November, 2018 2:37 am

Huawei Launches 'HUAWEI Mate20' Series in the Saudi Market

Huawei Saudi Arabia launched its new HUAWEI Mate20 smartphone series as the perfect choice for photography lovers and entrepreneurs in the Saudi market. The new series helps users communicate with each other, conduct high-precision tasks, increase productivity, and share what’s on their mind...

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