Business & Money | Tuesday 19 January, 2016 12:56 pm

Saudi Arabia working to create a strong and diverse economy, say experts

The Saudi government’s policies to counteract the continuing decline in oil prices will contribute to a diversification of the economy, according to economists. They said the Saudi economy is on the verge of significantly increasing its efficiency and competitiveness. One of the sessions ...

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Technology & IT | Tuesday 19 January, 2016 11:41 am

Huawei takes innovation to the next level with the launch of the all-new Mate 8 smartphone

Last night at the Madinat Jumeirah Dubai, UAE, Huawei Consumer Business Group (CBG) revealed their latest Flagship devices - the Mate 8 and the M2 tablet to the Middle East region. Dubai became the second city globally for the Huawei Consumer Group to launch the new flagship devices, post the...

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Business & Money | Tuesday 19 January, 2016 10:51 am

Apollo Global Exits Ahuja Constructions' Super Luxury Mumbai Residential Project at 69.35 Million USD

NYSE-listed global private equity fund Apollo Global Management has made an exit from super-luxury residential project Ahuja Towers of Mumbai-based Indian real estate company Ahuja Constructions' at approximately 69.35 Million USD (conversion rate as on date of exit: Rs 460...

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Culture & Education | Tuesday 19 January, 2016 10:49 am

The Supreme Council of Health ties up with QU to launch university “Our Future Lies in our Health” awareness drive

The Supreme Council of Health (SCH) tied up with Qatar University to launch its university drive as part of its efforts to generate awareness on its “Our Future Lies in our Health” campaign amongst the Qatari youth. The campaign will run through until the second quarter of 2016 and...

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Business & Money | Tuesday 19 January, 2016 10:47 am

Barwa Bank announces the two winners of Thara’a million-Riyal grand prize

Barwa Bank, Qatar's most progressive Shari’ah compliant service provider, announced the fourth round of draw winners for Thara’a, its Shari’ah compliant savings account. Capping the 2015 series of draws with a dual reward for Thara’a account holders, the draw doubled up...

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Business & Money | Tuesday 19 January, 2016 10:40 am

Deutsche Bank expands research team in Dubai

Deutsche Bank today announced the expansion of its equity research operation in the Dubai International Financial Centre (“DIFC”) as three equity analysts mainly focusing on Emerging Markets Equity Research join the team.  The scope of equity research from Deutsche Bank’s...

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Business & Money | Tuesday 19 January, 2016 10:34 am

DAMAC, Introduces 'Navitas Hotel & Residences'

DAMAC Properties, one of the region's largest luxury real estate developer, has introduced 'Navitas Hotel & Residences' in AKOYA Oxygen golf course community with a 4-year payment plan with prices starting from AED 440,000. 'Navitas Hotel & Residences', a project with ...

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Business & Money | Tuesday 19 January, 2016 10:18 am

CMA Approves Postponement of Middle East Health Care Co. IPO

Middle East Healthcare Company (“MEAHCO” or the “Company”) announces that the Capital Market Authority (“CMA”) has approved its request to postpone the initial public offering (“IPO”) of 27,612,000 shares representing 30% of the Company’s share...

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Environment & Energy | Tuesday 19 January, 2016 4:33 am

MENA to See USD 35 Billion in Annual Renewable Energy Investment Through 2020

Governments, banks and landlords in the Middle East and North Africa (MENA) are urged to join forces to promote solar rooftop adoption, saving on energy costs and creating “green” jobs, industry experts announced today in the build-up to the World Future Energy Summit...

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Technology & IT | Tuesday 19 January, 2016 4:32 am

Samsung Electronics Showcases innovative AC technology at HVACR Expo Saudi 2016

Samsung Electronics Co. Ltd participated at the HVACR Expo Saudi 2016, which is a completely new event focused on the Saudi Arabian Market’s heating, ventilation, air conditioning and refrigerating segments. The event was held at the Jeddah Center of Forums & Events between the 11th and...

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