Business & Money | Wednesday 14 December, 2016 2:42 pm

Nakheel reaches key milestone at Deira Islands with completion of AED150 million access bridge in collaboration with RTA

Master developer Nakheel has thanked the RTA for its assistance in overseeing the construction of a new, AED150 million road bridge linking mainland Dubai with Deira Islands, its new, 15.3 square kilometre retail waterfront city.   Funded and constructed by Nakheel as part of its AED1...

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Business & Money | Wednesday 14 December, 2016 2:29 pm

Arabian Centres CEO elected to MECSC Board of Directors

Khalid Suleiman Al Jasser, CEO of Arabian Centres, the leading developer, owner and operator of international standard shopping malls in Saudi Arabia, has been elected to the Board of the Middle East Council of Shopping Centres (MECSC).   Mr. Jasser joins eight retail business leaders...

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Business & Money | Wednesday 14 December, 2016 1:10 pm

Advanced announced as the Headline Sponsor for launch of FM EXPO Saudi and Saudi Clean Expo

Advanced will participate in FM Expo Saudi 2017 as headline sponsor when the event debuts in January next year.   Advanced is a group of companies providing integrated, turnkey solutions to businesses across the region. Established in 2008, it has rapidly grown into a giant in the...

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Business & Money | Wednesday 14 December, 2016 1:00 pm

Milestone for Siemens Egypt megaproject: First substations ready for operation

Siemens has successfully energized the first two substations that will transmit electricity generated by the new power plants in Beni Suef and Burullus to Egypt’s power grid. When finished, the plants which Siemens is building alongside with its partners will feature a total of six 500/220 kV ...

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Business & Money | Wednesday 14 December, 2016 12:48 pm

Expo 2020 Dubai Gives SMEs Opportunity to Take Big Share of 70 Product Licences in Giant Tender Offering

Expo 2020 Dubai unveiled plans to appoint 70 official licensees for a range of official retail products from next year, with around a third targeted at small or medium sized enterprises (SMEs). The mega event will accept tenders for more than 5,000 unique products that will be sold at a...

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Business & Money | Wednesday 14 December, 2016 12:34 pm

ACTS wins material testing bid for Riyadh Metro Project

Advanced Construction Technology Services (ACTS), a consulting organisation in the field of construction materials and geotechnical engineering, has been awarded a contract to carry out testing and analysis on construction materials to be used for the Riyadh Metro Lines 1 and...

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Business & Money | Wednesday 14 December, 2016 5:46 am

Emirates NBD Chief Investment Officer Gary Dugan reveals Global Investment Outlook for 2017

Gary Dugan, Chief Investment Officer - Wealth Management at Emirates NBD addressed media in the UAE on the bank’s global investment outlook for the year ahead.   Under the theme ‘Dealing with Global Disruptors’, Gary aimed to identify how investors can manage risk and...

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Business & Money | Wednesday 14 December, 2016 4:31 am

King Salman honors winners of King Khalid Prize

Custodian of the Two Holy Mosques King Salman graced the ceremony to honor winners of the 6th edition of King Khalid Prize at Faisaliyah Hotel in Riyadh on Tuesday evening. The King distributed the prizes to the winners in the three branches — “Excellence among non-profit...

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Business & Money | Wednesday 14 December, 2016 3:39 am

In Store Purchases Make Over 90% Retail Transactions

According to A.T. Kearney, a leading global management consulting firm, over 90% of purchases are still done in stores in this era of e-commerce. That means malls in the region are bustling with local and visiting shoppers buying for the holiday season, and to manage this shopper rush, regional...

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Business & Money | Tuesday 13 December, 2016 4:44 pm

CEO of Natura praises quality and heath standards implemented in the UAE

Philippos Petrakakos, CEO of Natura Food Imports, owner of distribution rights of Greek water Hyas in the region declared that the UAE is considered as an important gateway for European brands into the GCC and the Middle East. Petrakakos noted that quality, health standards and trading...

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