Business & Money | Wednesday 5 July, 2017 3:10 am

Natuzzi Italia announces partnership with Dubai Golf

Natuzzi Italia, one of the world's most internationally acclaimed Italian luxury furniture makers, announces its partnership with Dubai Golf, who manage two of the premier and most established golfing destinations in the region, Emirates Golf Club and Dubai Creek Golf & yacht Club As...

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Business & Money | Tuesday 4 July, 2017 1:39 pm

KACST Badir program to set up 600 more companies to provide 3,600 jobs

 King Abdul Aziz City for Science and Technology (KACST) through the Badir program is seeking to establish more than 600 additional companies that would contribute to the creation of 3,600 jobs. Nawaf Al-Sahhaf, chief executive officer of Badir, said here that the program has incubated 127...

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Business & Money | Tuesday 4 July, 2017 1:21 pm

IDB approves over $1bn for development projects

The Jeddah-based Islamic Development Bank (IDB) has approved over $1 billion to support development projects in member countries and in Muslim communities in non-member countries, the Saudi Press Agency (SPA) reported. The projects cover electricity, water, sewage, industry, housing,...

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Business & Money | Tuesday 4 July, 2017 11:56 am

Capital Club Dubai Appoints New Award Winning Executive Chef

The Capital Club, Dubai’s premier private business club, has appointed the former Executive Pastry Chef at Hotel Café Royal, Andrew Blas as Executive Chef.   Andrew began his career in the UK at the Award winning Michelin starred Samling Hotel, before moving to the two...

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Business & Money | Tuesday 4 July, 2017 5:25 am

Oxford Business Group Launches Photo Competition in Saudi Arabia

A competition just launched by Oxford Business Group (OBG) is offering Saudi photographers the opportunity win a cash prize of SAR 10,000 and to have their work featured on the cover of the global research and consultancy’s special anniversary report on the Kingdom’s economy. Titled...

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Business & Money | Tuesday 4 July, 2017 5:11 am

Al Bustan Centre and Residence holds donation campaign

Al Bustan Centre and Residence celebrates the end of Ramadan by holding its annual Donation Campaign as part of the property’s Responsibility Awareness Program. In collaboration with Beit Al Khair Society, the four-week campaign held during the holy month of Ramadan, gathered donations...

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Business & Money | Tuesday 4 July, 2017 4:07 am

“YORK” Offers Innovative Energy Efficient Solutions

The Saudi Standards, Metrology and Quality Organization (SASO) regulations emphasis on energy efficiency and the importance of using qualified electrical products. Among the companies that apply SASO’s regulations and offer energy efficient qualified products is Al Salem Johnson Controls...

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Business & Money | Monday 3 July, 2017 3:31 pm

Funds and equities markets in region positive with strong growth opportunities, says Al Mal Capital

Al Mal Capital PSC, a subsidiary of Dubai Investments PJSC and a diversified, multi-line investment institution licensed and regulated by the Central Bank of the UAE, has announced that the Al Mal MENA Equity Fund has generated an alpha of +7.31% this year as of June 8.   The Fund...

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Business & Money | Monday 3 July, 2017 3:11 pm

“ABB Acquires KEYMILE’s Communication Networks Business to Strengthen Digital Grid Portfolio and Software Focus“

ABB today announced it has agreed to acquire the mission-critical communication business of the KEYMILE Group to strengthen its communication networks portfolio. The acquisition will bring with it key products, software and service solutions, as well as research and development expertise. These...

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Business & Money | Monday 3 July, 2017 2:53 pm

Amazon and SOUQ.com announce completion of acquisition

Amazon (AMZN) and SOUQ.com confirm the official completion of the acquisition of SOUQ.com by Amazon. As the first step of integration, customers can now log on to SOUQ.com using their Amazon credentials.   Joining the Amazon family enables SOUQ.com to continue to bring even more products ...

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