Business & Money | Wednesday 12 April, 2017 12:34 pm

GIB Capital wins four EMEA Finance Awards including “Best Investment Bank in the Middle East”

GIB Capital, the Riyadh-based investment banking arm of Gulf International Bank (GIB), won four awards recently at the 2016 EMEA Finance Middle East Banking Awards in Dubai. GIB Capital was honoured with the “Best Investment Bank in the Middle East”, “Best Asset Manager in...

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Healthcare | Wednesday 12 April, 2017 12:10 pm

Al Bustan Centre and Residence hosts delegates of World Para-Athletics Tournament

Al Bustan Centre and Residence, the popular hotel-apartment among tourists and businessmen in the heart of Dubai, proudly hosted the delegates of 9th Fazza World Para-Athletics Tournament Dubai 2017.   The property hosted more than 450 athletes from 43 participating countries that were...

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Tourism & Hospitality | Wednesday 12 April, 2017 9:56 am

Retail therapy pushes hotel ADR up 25%

UAE leads the region in retail tourism, with Mall of the Emirates alone attracting 56 new hotels into its vicinity over the last 10 years Hotels developed in and around the region’s shopping malls can expect to post an Average Daily Rate (ADR) 25% higher than hotels that are not...

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Government | Wednesday 12 April, 2017 9:20 am

Riyadh-Manila ties cemented by 3 accords

Three agreements were signed between Saudi Arabia and the Philippines on Tuesday following talks between King Salman and President Rodrigo Duterte. The king and Duterte, who arrived late Monday, reviewed bilateral cooperation and discussed the latest developments. A memorandum of understanding...

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Government | Wednesday 12 April, 2017 9:18 am

Forum on prevention of terrorism starts at Naif University

The Social Sciences College at Naif Arab University for Security Sciences Tuesday started a two-day forum on the “University’s role in preventing terrorism,” within the framework of its 2017 work program, in cooperation with the League of Islamic Universities. The event was...

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Business & Money | Wednesday 12 April, 2017 9:16 am

Saudi businesses face ‘challenging’ few years

KING ABDULLAH ECONOMIC CITY: Fahd Al-Rasheed, chief executive of King Abdullah Economic City (KAEC), believes that the Saudi business community is in for a challenging time. But he said it has no alternative but to adapt to the transformation underway in the Kingdom’s economy and...

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Business & Money | Wednesday 12 April, 2017 4:38 am

QNB Group: Financial Results for the Three Months Ended 31 March 2017

the largest financial institution in the Middle East and Africa (MEA) region, announced its results for the three months ended 31 March 2017. For the three months ended 31 March 2017, Net Profit reached QAR3.2 billion (USD0.9 billion), up by 12% compared to previous year, delivering a...

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Technology & IT | Wednesday 12 April, 2017 2:23 am

Schneider Electric Showcases Experiential Smart City at Innovation Summit

Schneider Electric™, the global specialist in energy management and automation, today inaugurated its annual Innovation Summit, an IoT-powered event demonstrating innovations and technologies that cater to the future of energy management, industrial efficiency and environmental...

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Technology & IT | Wednesday 12 April, 2017 2:03 am

TRA SUPPORTS TELECOM LEADERS' SUMMIT 2017

SAMENA Telecommunications Council, with the patronage of Telecommunication Regulatory Authority (TRA) of the UAE, is hosting annual Telecom Leaders’ Summit on 30th April 2017 in Dubai. The one-day event is hailed as the seminal conference for private and government sector leaders and...

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Business & Money | Wednesday 12 April, 2017 1:52 am

Doha Bank Announces the Launch of the 14th Edition of Al Dana Savings Scheme

Doha Bank, has announced the launch of this year’s Al Dana savings scheme, which is the most popular savings programme in Qatar. Qatar’s Most popular savings programme crowns one winner for QAR 1 million every month in 2017.   Now in its fourteenth edition, the AL DANA...

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