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Eye of Riyadh

Gemstone Real Estate Development and Tamleek Real Estate Co. announce phase two sales of Kempinski Residences Business Bay
Business & Money | Tuesday 7 February, 2017 1:56 am
Gemstone Real Estate Development (Gemstone) and Tamleek Real Estate Co. announce successful selling out of phase one of the Kempinski Residences Business Bay development, the five-star luxury serviced residences in Business Bay and are now starting sales for phase two of the...
Conference underscores the importance Cyber Resilience in UAE
Business & Money | Monday 6 February, 2017 5:46 pm
Focusing on building an IT defense strategy that works, the Cyber Resilience and InfoSec 2017 conference kicked off at the Sofitel Hotel in Abu Dhabi today. Endorsed by the Information Systems Audit and Control Association - ISACA (UAE Chapter), the conference witnessed a gathering of...
‘U By Emaar’ records thumping success in first year; marks birthday with more rewards to #CelebrateU
Business & Money | Monday 6 February, 2017 1:51 pm
  You are the heart of ‘U By Emaar,’ a unique customer-focused rewards programme by Emaar Properties in 2016. In less than 12 months, the programme won over hearts and minds with thousands of members. Together, they have recorded millions of redemptions, securing free...
Emaar announces sponsorship of Microsoft Imagine Cup UAE 2017
Business & Money | Monday 6 February, 2017 4:39 am
Global developer Emaar Properties today announced its sponsorship of the Microsoft UAE Imagine Cup 2017 student competition, which will hold its regional heats in April this year. The partnership with Microsoft Gulf reflects Emaar’s focus on nurturing the next generation of talent,...
Airbus Middle East identifies Saudi Arabia’s top aviation innovators
Business & Money | Sunday 5 February, 2017 12:58 pm
In the presence of His Highness Prince Dr. Turki bin Saud bin Mohammed Al Saud, President of King Abdulaziz City for Science and Technology (KACST) and Chairman of TAQNIA Aeronautics, ‘Entaliq with Airbus’ concluded on February 5, 2017, with an awards ceremony honouring its...
Saudi inflation slows in December
Business & Money | Sunday 5 February, 2017 10:29 am
Saudi Arabia’s consumer inflation slowed in December 2016, losing speed for the first time at least since 2012, said a report issued by Al-Rajhi Capital. Analysts said that inflation in December last grew by 1.7 percent year-on-year versus 2.3 percent year-on-year in November, mainly owing...
Al Ain Water becomes UAE’s No.1 bottled water brand
Business & Money | Sunday 5 February, 2017 5:42 am
Al Ain Water –the leading bottled water brand in the UAE  and a key product in Agthia’s Consumer Business Division portfolio has become the No.1 bottled water brand in the UAE. Al Ain Water now enjoys the highest market share in terms of both volume (24.5 %) and value (22.7%) in...
Moody’s: Saudi banks’ liquidity squeeze eases
Business & Money | Sunday 5 February, 2017 4:36 am
Liquidity pressures on Saudi Arabia’s banks are expected to ease in 2017 compared with 2016, said a report.  The report issued by Moody’s Investor Service said that the liquidity pressures are likely to moderate primarily as a result of subdued credit growth, which will, however,...
World Government Summit 2017 to Host Largest Gathering of Governments, International Organizations and Global Thought Leaders
Business & Money | Sunday 5 February, 2017 2:37 am
Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the fifth edition of the World Government Summit (WGS 2017), the world’s largest platform for shaping future governments, is set to launch on Sunday, 12...
Acelity Completes Sale of LifeCell to Allergan
Business & Money | Saturday 4 February, 2017 7:17 am
Acelity L.P. Inc. announced today that it has completed the sale of its regenerative medicine business unit, LifeCell Corporation, to Allergan for $2.9 billion in cash. “This milestone marks an important step in our continued evolution of Acelity,” said Joe Woody, Acelity President...
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