Business & Money | Monday 16 January, 2017 7:12 am

SEHAI signs accord with 8 firms to employ graduates

The Saudi Electronics for Home Appliances Institute (SEHAI) recently signed agreements with eight electronics and information technology companies to employ trainees after their graduation. Ismail Mohamed Mufarreh, SEHAI executive director, said that the success of the previous batch of graduates...

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Business & Money | Monday 16 January, 2017 4:47 am

Lucky shoppers clinch Visa Impossible Deals and drive home luxury cars

Two lucky shoppers of Visa Impossible Deals drove away brand new Infiniti QX 50 luxury crossover SUVs this Dubai Shopping Festival.     Tency Thampy and Holly Dickins paid AED25,000 each for their Infiniti QX 50 instead of the retail price of AED181,000, an impressive 86% discount...

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Business & Money | Monday 16 January, 2017 2:33 am

Expo 2020 Dubai Launches Expo Live: An Innovation and Partnership Programme for Social Good

Expo 2020 Dubai today delivered the first public roll-out of its USD 100 million Expo Live programme to help fund, accelerate and promote creative projects that will improve lives while preserving our planet. Organisers stressed that they have no prior expectations of where successful proposals...

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Business & Money | Sunday 15 January, 2017 4:53 pm

FM EXPO Saudi and Saudi Clean Expo opened today

FM EXPO Saudi 2017 and Saudi Clean Expo opened its doors to thousands of visitors today as industry professionals turned out in force to learn more about this growing industry. With the support of Advanced Facilities Management, the headline sponsor of FM EXPO Saudi 2017, the exhibition is...

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Business & Money | Sunday 15 January, 2017 4:25 pm

Almarai reports a solid performance for 2016

Almarai closed the year 2016 with solid gains in nearly all of its product categories achieving net sales of SAR 14.7B, a growth of +6.6% over last year. The launch of 16 new products, including milk powder and cupcake, during 2016 helped strengthened its position as the leading food and Beverage...

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Business & Money | Sunday 15 January, 2017 4:19 pm

The Fragrance Kitchen to open flagship store at Doha Festival City

Doha Festival City, Qatar’s leading leisure, retail and hospitality destination, has announced Al Tayer Group will open its first flagship store of one of the GCC’s most iconic brands, The Fragrance Kitchen (TFK) at Doha Festival City. The Kuwait-based fragrance house will debut...

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Business & Money | Sunday 15 January, 2017 4:01 pm

Emirates Islamic launches Cashback Plus Visa Signature Credit Card

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced the launch of its Cashback Plus Visa Signature Credit Card which rewards customers with up to 10% cash back on domestic and international household spends such as groceries, dining, education and...

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Business & Money | Sunday 15 January, 2017 3:52 pm

Emirates NBD Asset Management Sees Significant Growth Opportunities for Saudi Arabian Equities

Emirates NBD Asset Management has identified Saudi Arabian equities as an area of strategic focus due to the significant growth potential. Through its MENA Equity funds, Emirates NBD Asset Management already provides exposure to the Kingdom, offering global expertise to the Saudi market by virtue...

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Business & Money | Sunday 15 January, 2017 3:08 pm

King Abdullah Economic City’s Industrial Valley Adds Petromin to Portfolio of Investors

King Abdullah Economic City (KAEC) has succeeded in adding Petromin to the growing list of investors in the Industrial Valley. According to the deal signed by the two sides just before the start of the New Year the Saudi lubricants giant will lease 193,917 square meters of land to build a logistics ...

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Business & Money | Sunday 15 January, 2017 2:59 pm

Cayan Group Closes 2016 as ‘Year Of Excellence’ With Ongoing Projects Valued at SAR 5.5 Billion

Cayan Group, the leading property developer in the Middle East, has achieved its strategic business objectives and surpassed some of the tactical objectives for the year 2016, making it yet another excellent year for the group. The group has announced SAR 5.5 billion worth of ongoing projects in...

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