Tuesday, January 23, 2018
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Eye of Riyadh

Dubai Investments Park signs AED 6.8 million cleaning contract with Imdaad
Business & Money | Tuesday 9 January, 2018 9:49 am
Dubai Investments Park [DIP], the unique integrated commercial, industrial and residential community in the Middle East and a wholly-owned subsidiary of Dubai Investments PJSC, has signed a three-year cleaning contract worth AED 6.8 million with Imdaad LLC, the GCC’s leading facilities...
Key Insights on Trade Finance Development Discussed at the Saudi Trade Finance Summit
Business & Money | Tuesday 9 January, 2018 9:25 am
For the 5th consecutive year, Dubai-based QnA International hosted the Saudi Trade Finance Summit (STF) from November 14-15 at the Movenpick Hotel, Al Khobar. The exclusive, invitation-only Summit facilitated discussions and debate on the continued growth and evolution of global trade, including...
Lootah Real Estate Development Acquires New Residential Property in Line With Its 2020 Strategy for Assests Portfolio
Business & Money | Tuesday 9 January, 2018 9:13 am
Lootah Real Estate Development, one of the region’s prominent modern real estate developers, today announced the acquisition of a new residential property in “International City Phase 3”. The acquisition comes in support of the company’s 2020 strategy which focuses on...
UAE Rejoice: PAN Emirates to not charge VAT to customers in 2018
Business & Money | Monday 8 January, 2018 2:18 pm
PAN Emirates Home Furnishings, a local label in luxurious indoor, patio and outdoor furniture that is sure to light up any living space, takes joy in informing consumers that it will not be marking up its affordable luxury items with the 5% VAT tax. The legislation of the 5% surcharge will come...
Majaal sponsors GIF 2018
Business & Money | Monday 8 January, 2018 4:29 am
Majaal Warehouse Company has renewed its sponsorship as the Kingdom’s premier Industrial Facilities market leader at the Gulf Industry Fair 2018.   The Leading developer and operator of industrial facilities in Bahrain reaffirmed their participation for GIF as they are currently...
Dubai Customs receives Azerbaikjani outgoing Consul General
Business & Money | Sunday 7 January, 2018 2:30 pm
HE Ahmed Mahboob Musabih, Director of Dubai Customs, received the Azerbaijani outgoing Consul General Parvez Ismayilzada in the presence of Alnoor Aleef, Azerbaijani Commercial Representative. He thanked Zada for his dedicated service in Dubai, and the meeting agenda included a discussion on the...
SAGIA Launches ‘Entrepreneurship” License to Incentivize Global Innovators
Business & Money | Sunday 7 January, 2018 1:30 pm
In a step to further incentivize and encourage entrepreneurs and support them to launch new businesses, the Saudi Arabian General Investment Authority (SAGIA) has launched a new licensing service targeting entrepreneurs and innovators around the world enabling them to benefit from various business...
Business & Money | Sunday 7 January, 2018 11:33 am
The 2018 edition of Gulfood, the world’s largest annual food and beverage trade event and the first major international food industry trade show of the year, will further strengthen the UAE’s lead role in setting the global food agenda, according to the exhibition organisers, Dubai...
Saudi innovation to power NEOM
Business & Money | Friday 5 January, 2018 4:39 am
A team of Saudi inventors came up with an innovation that can generate electricity for NEOM, the new $500-billion business and industrial zone coming up in the north of the Kingdom. Inventor Meshal Al-Harasani announced the completion of the first phases of the invention, which is designed...
Publicis Groupe Wins the Consolidated McDonald’s GCC Business
Business & Money | Friday 5 January, 2018 1:22 am
: McDonald’s has selected Publicis Groupe to handle its consolidated business portfolio in the GCC region. Publicis Groupe had designed a new operating model to further strengthen its collaboration with the fast food giant that put its entire business portfolio up for pitch...