Business & Money | Sunday 4 September, 2016 12:38 pm

Assets Under Management in the Middle East Decreased by a Staggering 10% in 2015, BCG Study Finds

The global growth of asset management stalled as the industry in 2015 recorded its worst year since the 2008 financial crisis, according to a report by The Boston Consulting Group (BCG). Growth in assets under management (AuM) stalled—or in the case of the Middle East declined 10%—and...

More Details

Business & Money | Sunday 4 September, 2016 10:59 am

Emirates Islamic and Jumeirah Golf Estates enter into partnership for Alandalus

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced a strategic partnership with Jumeirah Golf Estates, a leading luxury residential golf community in Dubai. The partnership is in line with the bank’s commitment to expand its home finance offering...

More Details

Business & Money | Sunday 4 September, 2016 10:53 am

Shell and SABIC spark Saudi innovation

 SABIC, a global leader in diversified chemicals, will support the King Saud University (KSU) engineering students participating in Shell’s Eco Marathon Competition in the coming years.  Shell Eco-marathon is an annual event hosted in various regions (Asia, Europe, Americas). The ...

More Details

Business & Money | Sunday 4 September, 2016 10:12 am

Dubai Wholesale City Opens Long-term Leases for Companies, Traders

Dubai Wholesale City, the largest wholesale hub in the world, has commenced accepting applications from companies and traders interested in booking space at the integrated development. The city is working towards strengthening the status of the UAE as a key market in international trade. Dubai...

More Details

Business & Money | Sunday 4 September, 2016 10:06 am

Alfa International Group secure The East India Company franchise for Saudi Arabia

Alfa International Group, are set to expand their portfolio of luxury brands with the signing of The East India Company franchise for Saudi Arabia. The franchise agreement includes The East India Company Fine Foods Retail, In-store food & beverage, stand-alone restaurants, and extends to the...

More Details

Business & Money | Sunday 4 September, 2016 9:56 am

MLSD pushes ahead with talent search

The Ministry of Labor and Social Development has been implementing a nationwide program to train and develop Saudi manpower. Under the title of “Discovering Leaders”, the program was recently launched by Minister of Labor and Social Development Mufrej Al-Haqbani. The program was...

More Details

Business & Money | Saturday 3 September, 2016 12:30 pm

Sharjah eGovernment Holds Major Workshop to Prepare for GITEX 2016

Sharjah Department of eGovernment organised its first workshop gathering discussing major highlights and stand designs in preparation for Sharjah’s participation at the “GITEX Technology Week 2016”. As the Sharjah Government prepares itself to participate under the slogan...

More Details

Business & Money | Saturday 3 September, 2016 12:23 pm

Nakheel lines up six Dubai consultants for AED7.5 billion Jebel Ali Gardens community

Dubai master developer Nakheel is drawing on the talent and expertise of home-grown engineering and architectural consultants to help deliver its new AED7.5 billion Jebel Ali Gardens community. Nakheel has tasked six Dubai-based, Emirati-led companies with overseeing the design and construction...

More Details

Business & Money | Friday 2 September, 2016 5:12 am

Aramco, Japan to expand Okinawa crude storage by 2 million barrels

Saudi Aramco and the Japanese government are set to agree on a roughly 2 million barrel expansion of crude storage capacity in Okinawa, used by the state-run firm to store oil, Saudi Aramco CEO Amin Nasser said Thursday. Under an agreement with Tokyo, Saudi Aramco and Abu Dhabi National Oil Co...

More Details

Business & Money | Friday 2 September, 2016 1:18 am

Dubai South to take center stage at Cityscape Global

Dubai South is set to unveil its exciting new projects and present its unique portfolio of residential properties, at the upcoming Cityscape Global taking place at the Dubai World Trade Center from 6-8 September.  Dubai’s most ambitious project to date, Dubai South is an integrated...

More Details