Business & Money | Tuesday 24 October, 2017 9:04 am

From youth & women empowerment initiatives to nationalization and happiness, GCC GOV HR Awards to honour people development initiatives

The prestigious GCC GOV HR Awards held in conjunction with the 5th Annual GOV HR Summit will once again recognise the regions’ leading chief executives, HR leaders and decision makers’ at an exclusive, by-invitation only gathering, taking place on Tuesday October 31,...

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Business & Money | Tuesday 24 October, 2017 4:07 am

Crown Prince will open investment summit Today

Crown Prince Muhammad Bin Salman, deputy premier and minister of defense, will inaugurate the landmark Future Investment Initiative (FII) in Riyadh on Tuesday. The investment conference, which will be held under the aegis of Custodian of the Two Holy Mosques King Salman, will be attended by...

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Business & Money | Tuesday 24 October, 2017 12:05 am

Aramco IPO on track for 2nd half of 2018: CEO

Saudi Aramco’s initial public offering will take place in the second half of 2018, CEO Amin Nasser said Monday, dismissing reports that the oil giant’s plans could be shelved. “We have always said that we will be listing in 2018, and to be more specific, in the second half of ...

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Business & Money | Monday 23 October, 2017 1:04 pm

Uae, a Central Hub for Potential Residency & Citizenship by Investment Seekers in the Usa

The Residency & Citizenship Expo taking place in ADNEC from 2-4 November will include an EB-5 platform for the first time ever, hosted exclusively by BLS Global. Through the EB-5 program, potential nominees looking to invest in the USA will be taking the first step in becoming eligible for a...

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Business & Money | Monday 23 October, 2017 7:00 am

UAE Exchange Partners with Dubai Police to Raise Road Safety Awareness for 5,000 Blue-Collar Workers

UAE Exchange, the leading global money transfer, foreign exchange and payment solutions brand, had organised a road safety awareness session for 5,000 blue-collar workers in association with the Dubai Police.   The event, held at the Sonapur Camp in Dubai, was designed to improve safety...

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Business & Money | Monday 23 October, 2017 6:49 am

CMA, SAGIA collaborate in framing directives for foreigners to own stakes

The Saudi Capital Market Authority (CMA) and the Saudi Arabian General Investment Authority (SAGIA) have signed a Memorandum of Cooperation to set up a collaborative framework to be followed by the CMA and SAGIA when preparing the regulatory directives for allowing non-resident strategic foreign...

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Business & Money | Monday 23 October, 2017 6:00 am

40 Saudis undergo training in preparation for jobs at Riyadh Metro

Forty young Saudi men have entered the Saudi Technical Institute for Railways to undergo specialized training in railway operations and maintenance. Chairman of the Public Transport Authority (PTA), Rumaih Al-Rumaih, said: “The training is in preparation for them to work at the Riyadh...

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Business & Money | Monday 23 October, 2017 3:49 am

NCB’s Net Income reached SAR 7,246 million for the nine months of 2017

The National Commercial Bank announces that net income for the nine months of 2017 reached SAR 7,246 million compared to SAR 7,030 million for the same period of the previous year, an increase of 3.1%. NCB’s net profit for the third quarter reached SAR 2,126 million compared to SAR 1,962...

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Business & Money | Monday 23 October, 2017 12:35 am

Abu Dhabi Commercial Bank Pjsc Reports Nine Month 2017 Net Profit of Aed 3.206 Billion, Up 2% Year on Year

Abu Dhabi Commercial Bank PJSC (“ADCB” or the “Bank”) today reported its financial results for the nine month period ended 30 September 2017 (“9M’17”).   Key highlights (30 September 2017)      Delivering a strong performance ...

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Business & Money | Sunday 22 October, 2017 4:33 pm

OSVfinder launches the first online chartering platform for energy market.

A new innovating web application which revolutionizes offshore support vessels chartering by connecting charterers and ship-owners online.   OSVfinder is now running a testing campaign with SAIPEM. SAIPEM will be sending real enquiries through OSVfinder. This period of test will extend...

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