Business & Money | Sunday 7 May, 2017 9:50 am

GFOTU honors L&T for its support

On the occasion of International Workers’ Day, General Federation of Oman Trade Union (GFOTU) honored Larsen and Toubro Electromech (L&T Electromech) for the mutual respect and support extended to the trade union process. The ceremony that took place under the patronage of His...

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Business & Money | Sunday 7 May, 2017 9:31 am

Al Khozama Management Company awards Salini Impregilo SAR 1.1 Billion Al Faisaliah District Redevelopment Contract

Al Khozama Management Company announces the appointment of Salini Impregilo - one of the largest global contractors - in the landmark SAR 1.1 Billion Al Faisaliah District renovation contract to upgrade Al Khozama’s retail, hospitality and commercial assets commencing with the renewal of the...

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Healthcare | Sunday 7 May, 2017 9:30 am

4 million diabetics in KSA by 2030

The number of diabetes patients in the Kingdom is expected to exceed 4 million by 2030, experts said, adding that the disease has affected about 25 percent of the country’s population. The percentage of diabetes cases among people aged over 50 has reached more than 50 percent, they said...

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Business & Money | Sunday 7 May, 2017 9:12 am

QNB Group inaugurates its Riyadh branch in Saudi Arabia

QNB Group, the largest financial institution in the Middle East and Africa, has inaugurated its branch in Riyadh, Kingdom of Saudi Arabia (KSA). Senior bank officials and distinguished representatives from the banking and business sectors attended an inauguration ceremony held under the patronage...

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Tourism & Hospitality | Saturday 6 May, 2017 11:05 am

Middle East Airlines and Turkish Airlines have signed a codeshare agreement.

  Middle East Airlines (ME) and Turkish Airlines (TK) signed today a codeshare agreement. The agreement will be effective as of May 15th, covering routes between Turkey and Lebanon, and expanding the travel opportunities for the passengers of both airlines. The signing ceremony took...

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Technology & IT | Saturday 6 May, 2017 10:49 am

Sony Mobile achieves profitability goals this year

Sony Mobile Communications has shown strong global financial performance by reporting a profit of 10.2 Billion Yen (US$ 91 Million) this year, as per financial results from the company.   Continuing its growth trend, Sony Mobile expects to increase annual smartphone unit sales by 1.9...

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Beauty & Style | Saturday 6 May, 2017 10:46 am

Maison Francis Kurkdjian Launches ‘Oud Satin Mood Extrait de Parfum’ at Paris Gallery

  On Sunday, April 30th, Paris Gallery celebrated the launch of the latest scented creation from Maison Francis Kurkdjian, Oud Satin Mood Extrait de Parfum in the presence of Master Perfumer Francis Kurkdjian.   Beauty & Lifestyle editors and bloggers gathered at The Address...

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Environment & Energy | Saturday 6 May, 2017 10:30 am

15 Saudi teams advance to NASA’s global Space Apps Challenge

JEDDAH last weekend played host for the first time ever to the Saudi leg of the National Aeronautics and Space Administration (NASA) Space Apps Challenge, one of the world’s biggest event for the development of innovative and space oriented ideas. The 48-hour space-themed hackathon hosted...

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Business & Money | Friday 5 May, 2017 12:08 pm

DAMAC Properties Awards Contract Worth AED 40 million for Roads and Infrastructure Works of Vardon Cluster Within AKOYA Oxygen

DAMAC Properties, a leading luxury real estate developer in the region, has awarded a contract worth AED 40 million for the roads and infrastructure works at Vardon cluster within AKOYA Oxygen, a 55-million-square-foot lush green development in Dubai. The roads and infrastructure works contract has ...

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Business & Money | Friday 5 May, 2017 12:06 pm

Marka Finalises Sale of Cheeky Monkeys

Marka PJSC (DFM: MARKA), the first public joint stock retail focused company in the UAE, has finalized the sale of its 60% stake in Cheeky Monkeys to Evolvence Knowledge Investments Ltd. (EKI), securing the company a tenfold gross return on its original equity investment. Cheeky Monkeys –...

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