Culture & Education | Tuesday 3 May, 2016 5:16 pm

Majid Al Futtaim unveiled its plans to increase its total investment in the Sultanate to OMR 705 million by 2020

Under the patronage of His Highness Sayyid Haitham bin Tariq Al Said, Minister of Heritage and Culture, Majid Al Futtaim’s Chief Executive Officer Alain Bejjani marks plans to increase the company’s total investment in the Sultanate to OMR 705 million by 2020 Under the patronage of...

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Business & Money | Tuesday 3 May, 2016 4:58 pm

AL TAYER MOTORS TO OPEN NEW DEDICATED LINCOLN CONCEPT SHOWROOM

Al Tayer Motors, the official importer-dealer for Lincoln in the UAE, has broken ground for a new concept showroom, incorporating sales, service and spare parts, for the luxury brand at Al Ittihad Road in Dubai.   When ready, the showroom will mark the launch of the new ‘The...

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Tourism & Hospitality | Tuesday 3 May, 2016 4:43 pm

City Seasons Hotels announce a very successful ATM 2016

The UAE-based company have signed deals for over AED 2 million and in process of signing management contract for third-party owned properties  City Seasons Hotels have concluded their participation in Arabian Travel Market this year on a high note. Not only the deals signed at the 4-day...

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Technology & IT | Tuesday 3 May, 2016 2:51 pm

Mobily grants “Wajid” Packages customers Triple Data for Free

Etihad Etisalat (Mobily) has launched the strongest promotion on Wajed postpaid packages for both new and current customers, where the new customers will get the triple amount of data for three months for free, while the current customers will get the triple amount of data for six months for a...

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Business & Money | Tuesday 3 May, 2016 1:54 pm

Samsonite to acquire luxury brand Tumi; set to expand market leadership

Samsonite, the world’s leading travel brand, has announced plans to acquire luxury brand Tumi for US$1.8 billion. The acquisition is expected to significantly expand Samsonite’s presence in the premium business and luggage segment by leveraging Tumi’s best-in-class...

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Business & Money | Tuesday 3 May, 2016 12:00 pm

France & UAE share values of creativity 1,050 guests from the business community celebrated Creativity in Dubai!

French major companies and SMEs, local partners and authorities as well as international VIP guests… all attended together the annual Gala Dinner of the French Business Council in Dubai and Northern Emirates, the largest French business community event of the year in the UAE! This remarkable ...

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Business & Money | Tuesday 3 May, 2016 11:40 am

Gulf Capital Acquires 100% of Multibrands to Capitalise on the Growth in Consumption in Saudi Arabia

Gulf Capital, one of the largest and most active alternative investment firms in the Middle East, announced today that it has acquired 100% of Multibrands Trading Co, one of largest food and beverage (F&B) distributors in the Kingdom of Saudi Arabia, with an annual turnover in excess of US$100...

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Technology & IT | Tuesday 3 May, 2016 11:15 am

Pakistan’s underbanked get evolved mobile money services from Easypaisa and Ericsson

Pakistan has an estimated population of 199 million, with approximately 60 percent of people living on under USD 2 a day and only 15 percent reported to have a bank account. To accelerate the uptake of mobile money services among the underbanked in Pakistan, Ericsson (NASDAQ: ERIC) announces...

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Tourism & Hospitality | Tuesday 3 May, 2016 11:07 am

Arabian Centres shopping malls welcomed over nine million visitors during month-long Spring Shopping Festival

Arabian Centres, the leading developer, owner and operator of international standard shopping malls in Saudi Arabia, today announced that it has attracted nine million visitors over the month long Spring Shopping Festival concluded on April 18, 2016.    The exciting shopping...

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Business & Money | Tuesday 3 May, 2016 11:01 am

Emirates NBD Saudi Arabia PMI™ PMI slips to three-month low in April

Growth of Saudi Arabia’s non-oil private sector stalled in April, with business conditions improving at the slowest pace in three months. Output continued to rise sharply, but the rate of job creation eased to near-stagnation. New business increased to the least extent in the...

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