Business & Money | Tuesday 9 August, 2016 8:06 am

Emirates NBD Dubai Economy Tracker™

Dubai private sector companies signalled a positive start to the third quarter of 2016, with overall business conditions improving at the fastest pace since March 2015. This was highlighted by a rise in the headline seasonally adjusted Emirates NBD Dubai Economy Tracker Index from 54.6 in ...

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Government | Tuesday 9 August, 2016 7:56 am

New visa regime announced

The Cabinet on Monday took a number of decisions based on a recommendation of the Ministry of Finance and the Ministry of Economy and Planning on increasing non-oil revenue.  The weekly Cabinet session was chaired by Vice Custodian of the Two Holy Mosques Prince Mohammed bin Naif at...

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Business & Money | Tuesday 9 August, 2016 7:54 am

Protect workers’ rights, King orders

Custodian of the Two Holy Mosques King Salman issued a series of directives with the intention of resolving all cases of unpaid salaries and avoid repetition of such incidents in the Kingdom’s labor market in future, Minister of Labor and Social Development Mofrej Al-Haqbani announced on...

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Business & Money | Tuesday 9 August, 2016 7:51 am

Middle East Region’s Largest Banking Technology Summit Will Get Underway In September

A month from now, the largest banking technology and innovation summit gets underway in the city. Organized by Expotrade, the sixth edition of the Middle East Banking Innovation Summit will be held on 5th and 6th September 2016 at Palazzo Versace, Dubai.  Focusing on the latest banking...

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Government | Tuesday 9 August, 2016 7:35 am

Penalties for stunt driving toughened

More stringent penalties now await recalcitrant citizens who engage in “car drifting,” a popular pastime of Saudi youth which is now considered a major health hazard. In a session on Monday at the Al Salam Palace in Jeddah, the Council of Ministers, chaired by Vice Custodian of the Two ...

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Tourism & Hospitality | Tuesday 9 August, 2016 7:31 am

Nana Direct Service Is Now in Riyadh!

It’s no secret that food retailing sector is facing significant challenges in utilizing and embracing the evolution of e-commerce as other sectors have done.  Nana Direct service is officially launched in Saudi Arabia, specifically in Riyadh city to provide a comprehensive solution to ...

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Business & Money | Tuesday 9 August, 2016 7:21 am

Opportunities in the China debt market amidst rising credit risks

Alex Yao, Fixed Income Research Analyst, Union Bancaire Privée (UBP) The rise in recent negative headlines on China has sparked investor concerns and may have a broader impact on Asian credits. China’s debt market is facing increasing downside risks in the near future. A series...

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Business & Money | Tuesday 9 August, 2016 7:16 am

Dubai Industrial Park opens 70 Warehouses and Storage Spaces for Lease

Dubai Industrial Park, the dedicated industrial hub within Dubai Wholesale City, is offering 70 state-of-the-art pre-built storage and light industrial unit warehouses to meet the dynamic needs of the region’s thriving manufacturing and logistics sector. The high-quality ready-to-use...

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Business & Money | Tuesday 9 August, 2016 7:14 am

Xerox Recognized by HfS Research for Excellence in Human Resources Operations-as-a-Service

Xerox was named a top Human Resources Operations-as-a-Service provider in analyst firm HfS Research’s 2016 Blueprint Report, which annually rates the multi-national, multi-functional service providers in the outsourced HR operations market.   HfS Research placed Xerox HR Services...

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Tourism & Hospitality | Tuesday 9 August, 2016 7:12 am

British Airways Hosts Suicide Squad Pre-Screening Reception with Will Smith Taking Part in an Exclusive Q&A Session

Actor, producer, musician and philanthropist Will Smith today took part in an exclusive British Airways hosted event in advance of his latest blockbuster Suicide Squad.   The event included a Q&A session in which the Academy Award nominee and four-time Grammy winner spoke about his...

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