Business & Money | Sunday 5 March, 2017 7:44 am

UAE regulatory credit changes positive for insurers: Moody’s

UAE insurers will likely see a medium-term improvement in their credit profiles as the sector adjusts to financial regulations introduced in February 2015 and overcomes initial compliance hurdles, says Moody’s Investors Service in a report issued Wednesday. The “UAE’s new...

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Business & Money | Saturday 4 March, 2017 2:51 pm

AnchorLloyd’s CEO discusses 2017 Middle East insurance challenges and opportunities

  Cyber threats are the most critical and rapidly evolving risk facing business in 2017   Inga Beale, CEO, Lloyd’s, met with H.E Essa Kazim, Governor of the Dubai International Financial Centre (DIFC) and Chairman of Dubai Financial Market (DFM) earlier this...

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Business & Money | Saturday 4 March, 2017 2:23 pm

EXHIBITION OF MARINE-INSPIRED ART COLLECTION MAKES WORLD DEBUT AT DUBAI INTERNATIONAL BOAT SHOW

Bohemian crystal artworks treasured by Bill Clinton, Elton John, royal families and Russian oligarchs find major interest among GCC buyers   Nestled among the superyachts and myriad other craft at the 25th Dubai International Boat Show, a unique marine-inspired art gallery has made a...

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Business & Money | Saturday 4 March, 2017 8:19 am

KSA readies road map to combat cyber terror

Statistics presented at the second international cyber security conference in Riyadh have highlighted the enormity of cyber attacks being suffered by Saudi Arabia and other Gulf Cooperation Council states. During the two-day conference, which was patronized by Vicegerent Crown Prince Muhammed...

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Business & Money | Saturday 4 March, 2017 8:15 am

SWCC may stop giving free water to NWC

 The Saline Water Conversion Corporation (SWCC), which will soon be privatized, is presently considering a study to sell desalinated water to the National Water Company (NWC), Makkah daily reported on Wednesday. A source at the NWC said the SWCC has so far been providing water to the...

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Business & Money | Saturday 4 March, 2017 8:00 am

KSA INVESTMENT CONTINUES TO FLOW INTO TURKEY DESPITE CONCERNS

Investors from the Kingdom of Saudi Arabia have emerged as the largest GCC real estate investor in Turkey and the third largest among foreign investors. Buyers from Iraq (in first place), Saudi Arabia (3rd), Kuwait (4th), Qatar (7th) and Bahrain (10th) emerged among the top 10 foreign buyers in the ...

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Business & Money | Saturday 4 March, 2017 7:51 am

“New Coalition Forms to Drive Leadership in Strategic Initiative Management“

Agile Alliance, The Boston Consulting Group (BCG), and Project Management Institute (PMI), today announced the formation of a coalition dedicated to becoming the leading authority on strategic initiative management with the aim of helping enterprises reduce the failure rate of large-scale strategic ...

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Business & Money | Saturday 4 March, 2017 7:43 am

Oil rises as OPEC sticks to output pledges

Oil reversed earlier losses on Wednesday as investors took heart from strict compliance of the Organization of the Petroleum Exporting Countries (OPEC) with its pledge to cut output, although evidence of increasing US production capped gains. OPEC reduced its oil output for a second month in...

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Business & Money | Saturday 4 March, 2017 1:45 am

DIHAD Supports Orphaned Refugees Through ‘Fly For Peace’ Campaign

In a first-of-its-kind campaign in the Middle East, a ‘Fly For Peace’ exhibition will take place at DIHAD Conference & Exhibition happening from 21st to 23rd of March, 2017 at the Dubai International Convention & Exhibition Centre,  featuring orphaned refugees’...

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Business & Money | Friday 3 March, 2017 3:15 pm

Dubai Industrial Park Concludes Participation at Gulfood 2017

Dubai Industrial Park’s Light Industrial Units and Refrigerated Warehouses Receive High Interest from SMEs  Dubai Wholesale City (DWSC), a global integrated wholesale trading hub and member of TECOM Group, has concluded its successful participation at one of the region’s largest ...

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