Business & Money | Wednesday 19 August, 2020 10:45 am

Majid Al Futtaim H1 2020 Financial Results: Diversified Portfolio Demonstrates Resilience Amid COVID-19

Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, today announced its audit reviewed operational and financial results for the first six months of the year. Large-scale business disruption, combined with a much more...

More Details

Business & Money | Wednesday 19 August, 2020 10:39 am

Shaker Group achieves net profit for 1H 2020; Strong sales drove revenue growth of 8.4%

Shaker Group (“Al Hassan Ghazi Ibrahim Shaker Co.”, the “Company” or the “Group”), Saudi Arabia’s leading importer, manufacturer and distributor of Air Conditioners and Home Appliances, has announced its financial results for the 6-month period ended 30 June 2020.  Revenue of SAR ...

More Details

Business & Money | Wednesday 19 August, 2020 10:33 am

Federal Youth Authority Launches ‘Youth Councils Manual’ in Collaboration with Ernst & Young Middle East North Africa (EY)

The Youth Council at EY MENA launched an initiative to develop the Federal Youth Authority’s (FYA) ‘Youth Councils Manual’, which provides an overview of the opportunities and benefits Youth Councils offer their members. The Manual additionally outlines the extensive network of Youth...

More Details

Sports | Wednesday 19 August, 2020 10:22 am

ADIHEX’s 18th edition to be extended to 7 days International Fair

The Higher Organizing Committee of the Abu Dhabi International Hunting and Equestrian Exhibition (ADIHEX) have announced that the 18th edition of the event will take place over seven days from September 27 to October 3, 2021, at the Abu Dhabi National Exhibition Centre (ADNEC), under the patronage...

More Details

Business & Money | Wednesday 19 August, 2020 10:17 am

Long-Life Milk: From Farm to Table

Milk is undoubtedly a staple for many consumers given the nutrients that it naturally contains, which include high levels of calcium, phosphorous and potassium - substances that are essential for building strong bones and teeth. In addition, milk contains high-quality proteins necessary to build...

More Details

Government | Wednesday 19 August, 2020 6:11 am

Custodian of the Two Holy Mosques Chairs Cabinet's Virtual Session

The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud chaired here the Cabinet's virtual session.At the outset of the session, the Custodian of the Two Holy Mosques thanked the leaders of Arab, Islamic and brotherly countries who expressed their wishes for his health and citizens...

More Details

Business & Money | Wednesday 19 August, 2020 1:32 am

SAMA Releases First Quarterly Report of Insurance Sector Performance for 2020

The Saudi Arabian Monetary Authority (SAMA) is pleased to release its first quarterly report of the insurance sector for the year 2020. SAMA intends to release the aforementioned report annually. Simultaneously, SAMA shall continue publishing the key performance indicators of the sector at a...

More Details

Cars & Autos | Wednesday 19 August, 2020 12:13 am

SAMACO Automotive launches a free check-up initiative for Lamborghini cars Premium Lamborghini services in Jeddah

SAMACO Automotive, the exclusive importer of Lamborghini cars in Saudi Arabia, announced its support for Lamborghini owners in recognition of their loyalty and confidence, by launching a "Free check-up" initiative through offering free and distinctive services to Lamborghini cars in Jeddah...

More Details

Business & Money | Tuesday 18 August, 2020 4:28 pm

ARCAPITA EXITS HEALTHCARE INVESTMENT

Arcapita and Mumtalakat consortium exits stake in NAS Neuron Health Services The successful investment has exceeded target returns over a three-year holding period Arcapita Group Holdings (“Arcapita”), the global alternative investments firm, and Bahrain Mumtalakat Holding Company...

More Details

Business & Money | Tuesday 18 August, 2020 4:17 pm

Ras Al Khaimah Chamber of Commerce and Industry and Stevie Middle East Announce the Virtual Award Ceremony on the 25th of August

Ras Al Khaimah Chamber of Commerce and Industry, Sponsor for Middle East Stevie Awards and organizers of Stevie Awards 2020, announced that the virtual award ceremony shall be held on Tuesday, 25th of August, 2020, at 2:00pm (UAE time), as 153 award innovators and winners shall be honored. The...

More Details