Business & Money | Tuesday 13 December, 2016 12:37 pm

TUSDEER in Jeddah Islamic Port Wins Bonded Re-export Zone of the Year 2016 Award

TUSDEER bonded & Re-export zone in Jeddah Islamic port won the award for Bonded Re-export Zone of the Year 2016, during a special award ceremony held in Dubai, UAE to celebrate & honor distinguished global ports operators TUSDEER won the award for its excellent services provided for...

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Business & Money | Tuesday 13 December, 2016 12:24 pm

Region’s best finance professionals recognised

Organised by ICAEW, and with the support of the British Embassy in the UAE, the annual gala event recognises and celebrates the achievements of individuals or organisations that have advanced the accountancy and finance profession within their chosen field.   Industry professionals from...

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Business & Money | Tuesday 13 December, 2016 12:20 pm

Emaar appoints Olivier Harnisch as Chief Executive Officer of Emaar Hospitality Group

 Emaar Properties PJSC today announced the appointment of Olivier Harnisch as the Chief Executive Officer of Emaar Hospitality Group, its hospitality & leisure business. Olivier brings to Emaar over 30 years of international experience in the hotel and tourism industry. He joins Emaar from ...

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Business & Money | Tuesday 13 December, 2016 12:17 pm

Leila Hoteit is Honored as Businesswoman of the Year at the Arab Woman Awards UAE 2016

Leila Hoteit, Partner and Managing Director at The Boston Consulting Group (BCG) was honoured as the Businesswoman of the Year at the Arab Woman Awards UAE 2016. The awards ceremony, which aims to provide a culturally accepted platform to raise awareness about the significant achievements of Arab...

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Business & Money | Tuesday 13 December, 2016 12:14 pm

Liberty House Group takes step forward to acquire Tata Steel’s Speciality Steels business

International industrials and metals group, Liberty House, has entered into exclusive negotiations with Tata Steel UK to acquire its Speciality Steels business for a total consideration of £100 million.   The business, based largely in South Yorkshire, with service centres in the...

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Business & Money | Tuesday 13 December, 2016 11:59 am

Wilo Middle East Organizes a Customer Seminar in Saudi Arabia

Wilo Middle East FZE, the leading pump manufacturer Headquartered in Germany, organized on the 15th of November 2016 a customer seminar at Movenpick Al Khobar in Kingdom of Saudi Arabia (KSA). The seminar presented a valuable opportunity for customers to inspect the solutions provided by Wilo for...

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Business & Money | Tuesday 13 December, 2016 8:46 am

ITFC Pledges US$ 875 MILLION to Support Burkina Faso 2016-2020 DEVELOPMENT PLAN

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IDB) Group, announced a pledge of USD875 million to support Burkina Faso’s National Program for Economic and Social Development (PNDES). The amount represents a significant portion of the IDB ...

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Business & Money | Tuesday 13 December, 2016 7:49 am

Public Voting for the 7th Edition of Eventex Awards announced

With Eventex 2017 just around the corner, entry submission for the 7th edition of global event awards Eventex Awards is now closed. Every year the People’s Choice Event award is decided by public voting. People are invited to cast their votes by 12 December. The finalists will...

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Business & Money | Tuesday 13 December, 2016 7:35 am

GCC VAT expected to produce revenues of over $25 billion per annum: EY

The adoption of value added tax (VAT) by the GCC countries represents a major shift in tax policy that will impact all segments of the economy and lead to a fundamental change in the way businesses operate across around the region. According to EY, the VAT of 5% is expected to produce revenues ...

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Business & Money | Tuesday 13 December, 2016 3:53 am

Sacoor Brothers store opening in Panorama Mall, Riyadh

On December 6th, Majid Al Futtaim Fashion and Sacoor Brothers proudly hosted the official opening of the second Sacoor Brothers boutique in Riyadh, Saudi Arabia. Rajiv Suri, Chief Executive Officer at Majid Al Futtaim Fashion and Bart Denolf, CEO Franchise for Sacoor Brothers were both present for...

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