Business & Money | Wednesday 25 May, 2016 2:44 pm

Jadwa Investment Grows its Core Client Business By 39% in 2015

Jadwa Investment, a leading Saudi Arabian investment management and advisory firm, today announced its 2015 full-year financial results, achieving SAR 247.47 million in total revenues and SAR 93.56 million in net income. These results were achieved through a 39 percent growth in the firm’s...

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Business & Money | Wednesday 25 May, 2016 2:41 pm

SABIC CEO assumes role as GPCA Chairman

Yousef Abdullah Al- Benyan, the Chief Executive Officer and Vice-Chairman of SABIC, has been elected as the Chairman of the Gulf Petrochemicals and Chemicals Association (GPCA), it was announced today. He was previously the Vice- Chairman of the GPCA and will assume his role effective immediately,...

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Tourism & Hospitality | Wednesday 25 May, 2016 2:35 pm

Turkish Airlines launches ‘Meet Europe’s Best’ campaign in anticipation of UEFA EURO 2016TM

As the Official Airline Partner to UEFA EURO 2016 TM, Turkish Airlines announced the full details of its ‘Meet Europe’s Best’ campaign today, championing fans and European cultures ahead of this summer’s competition. The campaign includes the launch of television...

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Technology & IT | Wednesday 25 May, 2016 2:29 pm

MasterCard Powers First Commerce Application within SoftBank Robotics’ Humanoid Robot “Pepper”

MasterCard today unveiled the first commerce application for SoftBank Robotics’ humanoid robot Pepper. The application will be powered by MasterPass, the global digital payment service from MasterCard that connects consumers with merchants, enabling them to make fast, simple, and secure...

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Beauty & Style | Wednesday 25 May, 2016 10:40 am

Montblanc Adds Elegance and Style to the Red Carpet at the 69th Cannes Film Festival

 Opening Ceremony – May 11th 2016 Actor and member of the jury Mads Mikkelsen (Hannibal, Casino Royale) was wearing the Montblanc Heritage Chronométrie ExoTourbillon Minute Chronograph (112542) and contemporary cufflinks (109776) Actress Alice Taglioni (Paris-Manhattan,...

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Business & Money | Wednesday 25 May, 2016 10:37 am

Twitter Announces Faster, Easier & More Expressive Tweets

Twitter today announced it will simplify Tweets in the coming months, making it faster and easier for people to express themselves with more room in their 140-character Tweets. The simplified Tweet rules will make conversations faster and more intuitive for people who come to Twitter everyday and...

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Business & Money | Wednesday 25 May, 2016 10:32 am

Keolis to operate Shanghai metro line 8-3, the city’s first automatic metro

Shenkai, the joint venture between Shanghai Shentong Consulting (51%) and Keolis (49%), is confirmed as the future operator of phase 3 of Shanghai’s existing metro line 8 (also known as Line 8-3), following the signing of a contract with Shanghai Shentong Metro Group on 27 April 2016. The...

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Technology & IT | Wednesday 25 May, 2016 10:29 am

Middle East Mobile Phone Market Suffers Worst Quarter-on-Quarter Decline on Record

Shipments of mobile phones declined 11.7% quarter on quarter in the Middle East in Q1 2016, according to the latest figures released by International Data Corporation (IDC). The market totaled 26.1 million units for the first three months of the year, a significant drop from the 29.49 million units ...

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Tourism & Hospitality | Wednesday 25 May, 2016 10:26 am

12 Dubai Hotels Win at Middle East Hotel Awards 2016

Twelve Dubai hotels won across 24 award categories to dominate the Middle East Hotel Awards 2016 this week.  A total of 70 hotels and hotel suppliers from across the region were shortlisted. Other winners came from Abu Dhabi, Ras Al Khaimah, Saudi Arabia, and Bahrain.  More than 400 ...

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Sports | Wednesday 25 May, 2016 10:14 am

Aston Martin present during Beirut’s Red Bull Racing Formula 1 Showrun

Aston Martin was once again present at a Middle Eastern Red Bull Racing Formula 1 Showrun event, this time on the streets of Beirut, Lebanon. The event, which was held on 22nd May, saw celebrated driver Carlos Sainz enjoy the specially designed one kilometer track in the capital’s centre in a ...

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