Business & Money | Tuesday 11 February, 2020 4:12 am

Saudi ministry of housing and its Russian counterpart sign in Abu-Dhabi a joint cooperation program to enhance investment opportunities

The Ministry of Housing of the Kingdom of Saudi Arabia and the Ministry of Building, Housing and Public Utilities of the Federal Republic of Russia signed on the sidelines of the Global Urban Forum currently being held in the UAE capital of Abu-Dhabi, a joint cooperation program to enhance...

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Business & Money | Tuesday 11 February, 2020 2:15 am

Saudi civil aviation authority organizes training workshop for pilots

The General Authority of Civil Aviation (GACA) organized a regional workshop to train pilots to ensure aircraft safety in the wake of turbulence or loss of control that may occur during flight. The workshop was attended by several local and regional aviation specialists. It consisted of...

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Business & Money | Monday 10 February, 2020 1:06 pm

Al Rajhi Aviation reaffirms strategic partnership with Sabre

Al Rajhi Aviation, one of Saudi Arabia’s leading travel providers, has renewed an exclusive partnership with leading technology provider, Sabre Corporation (NASDAQ: SABR), to support its plans to expand regionally and explore opportunities in online travel.   This agreement...

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Business & Money | Monday 10 February, 2020 12:30 pm

Saudi Real Estate Refinance Company wins ‘Deal of The Year’ award for debut sukuk issuance

Saudi Real Estate Refinance Company (SRC), a wholly owned subsidiary of the Kingdom’s Public Investment Fund, has been awarded ‘Deal of the Year’ by Bonds, Loans and Sukuk Middle East for its debut sukuk issuance. The SAR 750 million (US$200 million) sukuk...

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Business & Money | Monday 10 February, 2020 12:23 pm

"Ras Al Khaimah Reconciliation and Arbitration center" and "Rakez" support business community

Ras Al Khaimah Reconciliation and Arbitration center, an initiative of R.A.K Chamber, and the RAK Economic Zones Authority (RAKEZ) in the Emirate have entered into an agreement to support the business community and to enhance the legal environment to support the commercial business by settling...

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Business & Money | Monday 10 February, 2020 9:33 am

Al Ghurair Properties Ends 2019 with Double Top-Line Growth

Al Ghurair Properties, the real estate development arm of Al Ghurair Investment that offers a wide portfolio of residential properties that strategically respond to the UAE residents’ needs has announced significant company growth in 2019, doubling its year-on-year top-line performance, both...

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Business & Money | Monday 10 February, 2020 8:05 am

Emaar Malls closes 2019 with 5% growth in revenue reaching to AED 4.673 billion (US$ 1.272 billion)

Emaar Malls (DFM: EMAARMALLS), the shopping malls and retail business majority-owned by Emaar Properties (DFM: EMAAR), recorded a 5 per cent increase in revenue to AED 4.673 billion (US$ 1.272 billion), compared to the 2018, AED 4.446 billion (US$ 1.210 billion). Overall net profit in 2019 amounted ...

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Business & Money | Monday 10 February, 2020 4:17 am

Region’s premier event for the sleep market gets underway in Dubai

Key trends that offer a glimpse into the future of the sleep market are taking centre stage this week as the second edition of Sleep Expo Middle East formally opened today at the Dubai World Trade Centre.  Sleep Expo will run until 11 February to showcase cutting edge products and solutions as ...

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Business & Money | Monday 10 February, 2020 1:40 am

Interbrand develops the new brand for stc

Interbrand, the world’s largest brand consulting firm, has spearheaded the development of the strategic and creative rebrand for stc, the leading digital company in MENA. Nancy Villanueva, Interbrand’s CEO Iberia & Middle East, states: “Interbrand is proud of developing...

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Business & Money | Sunday 9 February, 2020 4:06 pm

Savola Group Invites Employees’ Children to Headquarter

Savola Group, the leading strategic holding Group in the food and retail sectors across the region, held a special "Back to School" event. This comes as part of SAVOLA's initiatives to enhance communication and harmony amongst their employees enforcing the elements of a healthy work...

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