Business & Money | Friday 16 November, 2018 1:40 am

DAMAC reports revenue of AED 5.2 billion for the first nine months

DAMAC Properties Dubai Co PJSC (DFM: DAMAC) (“DAMAC” or the "Company"), announced financial results for the first nine months of 2018, reporting total revenue of AED 5.2 billion, gross profit of AED 1.9 billion and net profit of AED 1.1 billion.   During the first...

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Business & Money | Friday 16 November, 2018 1:06 am

Growth Opportunities Drive International Organic Product Suppliers to MENA Region

The demand for organic and natural products across categories ranging from food and beverage, beauty and lifestyle are seeing a massive hike in the MENA region. Suppliers from across the world are standing up to the opportunities and are confident that the potential is worth the focused market...

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Business & Money | Friday 16 November, 2018 12:33 am

LogiPoint, the Logistics Zones Operator of the Year

LogiPoint (a subsidiary of Saudi Industrial Services Co. – SISCO, a Saudi Joint Stock company listed on Tadawul), the leading logistics business and the largest Bonded and Re-Export Zone in KSA, has won Logistics Zones Operator of the Year 2018 award in a ceremony organized by Transport and...

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Business & Money | Friday 16 November, 2018 12:32 am

Snapchatters are Fueling the Region’s E-commerce Boom

While the Middle East is poised tobe among the next great e-commerce hub,Snapchat users in the UAE and Saudi Arabia are already browsing, deal hunting, and purchasing online.     New data from GlobalWebIndex Q1-Q2 2018 shows that Snapchat users in the two largest GCC...

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Business & Money | Thursday 15 November, 2018 3:01 pm

Atlantic presents its water heating solutions with renewable energy sources

at The Big 5 and Solar Decathlon Middle East   Visit Atlantic International at The Big 5 located in Hall 3 stand number 3B129 to discover Explorer and Solerio Optimum 3 product ranges.   Learn more about Groupe Atlantic’s support in the student led initiative to...

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Business & Money | Thursday 15 November, 2018 2:40 pm

Organic and Real participates at the Taste of Abu Dhabi

The organic and natural food product e-store is participating at the Taste of Abu Dhabi, the 3-day extravaganza of food, drinks and wellness to create awareness on the concept of organic food by adapting to healthier alternatives Visitors will get a chance to win instant discounts on onsite...

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Business & Money | Thursday 15 November, 2018 2:07 pm

Cultural Diplomacy, Technology and Gender Balance Dominate Discussions at Inaugural Abu Dhabi Diplomacy Conference

Under the patronage of His Highness Sheikh Abdullah bin Zayed Al Nahyan, UAE Minister of Foreign Affairs and International Cooperation, the inaugural two-day Abu Dhabi Diplomacy Conference successfully concluded today. Hosted by the Emirates Diplomatic Academy (EDA), the Conference convened more ...

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Business & Money | Thursday 15 November, 2018 12:53 pm

MaK Middle East brings value to the region through Quality, Excellence and Innovation

As a direct distributer of Caterpillar Inc.’s medium speed products in the Middle East, MaK Middle East continues to fortify its position in the region through a highly skilled team and exceptional service standards MaK Middle East LLC, a Caterpillar company established in Dubai in 2017,...

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Business & Money | Thursday 15 November, 2018 5:13 am

Misk, GSA sign deal to raise society practicing sport

The General Sports Authority, represented by the Saudi Federation for Community Sports, signed a cooperation agreement with Misk Charity Foundation. Princess Reema Bint Bandar, chairperson of the Saudi Federation for Community Sports, and Mohammed Al-Assaker, chairman of the board of the...

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Business & Money | Thursday 15 November, 2018 5:00 am

Middle East Glass, Announces the Successful Sale of a 74% stake in its PET subsidiary

Gulf Capital, one of the largest and most active alternative asset managers in the Middle East, announced today that its portfolio company, Middle East Glass (“MEG”), successfully sold a 74% stake in its PET subsidiary, Medco Plast for Packing and Wrapping Systems (“Medco...

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