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Eye of Riyadh

AkzoNobel completes acquisition of BASF’s Industrial Coatings business
Business & Money | Sunday 18 December, 2016 2:52 pm
AkzoNobel has finalized the acquisition of BASF’s global Industrial Coatings business, which supplies a range of products for industries including construction, domestic appliances, wind energy and commercial transport, strengthening its position as the global number one supplier in coil...
Cisco Global Cloud Index Projects Middle East and Africa Cloud Data Center Traffic to Grow 440% by 2020
Business & Money | Sunday 18 December, 2016 2:43 pm
The recently released sixth annual Cisco® Global Cloud Index (2015-2020) reveals that global cloud traffic is expected to rise 3.7-fold, up from 3.9 zettabytes (ZB) per year in 2015 to 14.1 ZB per year by 2020. In Middle East and Africa, data center traffic will reach 451 exabytes per year by...
Noor Faisal Al-Qatami, CEO of Saveco, was Named MENAA Best Business Leader for 2016
Business & Money | Sunday 18 December, 2016 12:54 pm
Noor Faisal Al-Qatami was awarded as The Best business leader in the Middle East, North Africa and Asia by MENA Establishment 2016, where she received the award in Burj Al Arab Hotel in Dubai with the presence of more than 150 businessmen from various countries around the world, media...
The Luxurious Residential Community on Boka Bay, Montenegro Unveiled
Business & Money | Sunday 18 December, 2016 12:51 pm
The Montenegro Ambassador to the UAE, H.E. Darko Uskokovic unveiled the Portonovi Project of Montenegro at St. Regis Hotel, Nation Towers, Abu Dhabi Corniche yesterday. The launch event of the project was executed by property consultants Henry Wiltshire International, in conjunction with developers ...
UAQ  Free Trade Zone to launch second phase of expansion
Business & Money | Sunday 18 December, 2016 12:44 pm
In keeping stride with the UAE’s vision for sustainable economic development and decreased reliance on oil & gas industries, the Umm Al Quwain Free Trade Zone (UAQ FTZ) has picked up steam over the past year. Under the patronage of His Highness Sheikh Saud Bin Rashid Al Mu’alla,...
Mohammed bin Rashid Al Maktoum Foundation: Kuwait, Qatar, and Bahrain Take Part in Bil Arabi Initiative
Business & Money | Sunday 18 December, 2016 12:35 pm
The UAE Ministry of Foreign Affairs is cooperating with the governments of Qatar, Bahrain, and Kuwait, for the fourth edition of the Bil Arabi initiative, organised by the Mohammed bin Rashid Al Maktoum Foundation (MBRF).   The UAE Embassy in Kuwait sought to attract multiple...
Nedaa & Nokia to jointly pursue Dubai’s smart vision via pioneering Innovation & Creativity Lab
Business & Money | Sunday 18 December, 2016 12:00 pm
Professional Communication Corporation - Nedaa, a government corporation specializing in the deployment of wireless communications technologies for Dubai, has announced that it has forged a strategic partnership with Finnish multinational ICT giant Nokia to establish an Innovation and Creativity...
ACC Signs New Contract to Build an Iconic 170m Luxury Residential Tower in Cyprus
Business & Money | Sunday 18 December, 2016 11:58 am
  ACC (Arabian Construction Company) and their joint venture partners J&P Group (Joannou & Paraskevaides Group) have signed a new contract to build an iconic 170m luxury residential tower called ‘ONE’ in Cyprus. Upon its completion in 2019 this will be the tallest...
Infrastructure, themeparks and retail sectors will propel the printing industry in 2017
Business & Money | Sunday 18 December, 2016 11:54 am
According to International Expo Consults (IEC), in 2017, Infrastructure, retail, tourism and amusement industry sectors, will propel the growth of the printing and signage industry in the UAE and other GCC countries.  IEC is the organiser SGI Dubai, the largest printing and signage industry...
GOIC celebrates its 40th anniversary
Business & Money | Sunday 18 December, 2016 11:48 am
The Gulf Organization for Industrial Consulting (GOIC) celebrated its 40th anniversary in a ceremony under the patronage of His Excellency Dr. Mohammed Bin Saleh Al-Sada, Qatar’s Minister of Energy and Industry, who attended the event along with renowned Gulf economists, industrialists and...
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