Business & Money | Monday 9 September, 2019 3:19 pm

“Alkhabeer Land Development Fund II” delivers 44.6 percent in net returns to investors

:Alkhabeer Capital, a prominent asset management company specializing in alternative investments, announced that it has successfully exited “Alkhabeer Land Development Fund II”, achieving 44.6 percent in net cumulative returns to its investors.    Over the years, the...

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Business & Money | Monday 9 September, 2019 2:29 pm

CITYSCAPE GLOBAL UNDERLINES REAL ESTATE OPPORTUNITIES FOR LONG-TERM INVESTORS

INTEGRATED DEVELOPMENT ECO-SYSTEM NEEDED TO SERVICE EMERGING SHARED CULTURE IN URBAN ENVIRONMENTS    Cityscape Global, the gateway event for real estate investment which will run at the Dubai World Trade Centre from September 25-27, will underline attractive real estate...

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Business & Money | Monday 9 September, 2019 1:01 pm

‘Dubai Pulse’ Platform Rakes in 1.5 Million Visits from Around the World

Smart Dubai revealed that its flagship data platform Dubai Pulse – the backbone of the emirate’s smart transformation – has made a significant leap in terms of international appetite for the data it publishes, registering 1.5 million visits as of August 2019.   The...

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Business & Money | Monday 9 September, 2019 12:09 pm

Jabal Omar Development Company Announces Launch of Aliyat for Property Marketing and Facility Management

Jabal Omar Development Company, the leading real estate development company in the Middle East, has announced the launch of Aliyat, a subsidiary specialized in real estate marketing, sales and facility management within destination Jabal Omar. The company’s work will not be limited to...

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Business & Money | Monday 9 September, 2019 4:22 am

NEOM awards contracts for new village to national firms

Saudi Arabia's $500 billion megacity, NEOM, has awarded contracts to finance, build, and operate its Construction Village to two national companies. The Village is set to house 30,000 workers who will move to the site to develop various areas of the NEOM project. It will later expand to...

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Business & Money | Sunday 8 September, 2019 12:40 pm

Faraj Fund Commemorates International Charity Day by Aiding in the Release of 14,000 UAE Prison Inmates

  Nasser L’Khrebani Al Nuiami, Chairman of the Faraj Fund Board affirmed that 14,000 inmates from penal and correctional facilities across the UAE have been released with the efforts of the fund. In a statement marking the International Day of Charity, observed on September 5th...

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Business & Money | Sunday 8 September, 2019 11:37 am

MAG Development launches AED8 billion residential projects in Dubai

MAG Development, the real estate development arm of MAG Holding Group,  on Sunday, announced the launch of its massive AED8 billion residential projects and a comprehensive programme of Dh120 per day payment option to own a property in Dubai, a move that will boost the company's presence...

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Business & Money | Sunday 8 September, 2019 10:15 am

Hartlepool pipe mill extends global reach with milestone Saudi contract

Liberty Pipes Hartlepool, part of Sanjeev Gupta’s GFG Alliance, has secured a milestone contract to manufacture more than 16 kilometres of heavy-duty steel pipe for a multi-billion-dollar offshore Saudi Arabian oil and gas development.   The order to supply SAWL Linepipe for a...

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Business & Money | Sunday 8 September, 2019 5:00 am

Second phase of Hadaf training program begins

The Saudi Human Resources Development Fund (Hadaf) announced the end of the first phase of the program to develop the skills of the private sector’s future leaders. From Sunday, the first batch of trainees in the Hadaf Leadership Academy will participate in the second phase, which includes...

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Business & Money | Sunday 8 September, 2019 3:10 am

Driverless trucks set to deliver more success to UAE logistics

The UAE, which ranks ninth in KPMG's 2019 Autonomous Vehicles Readiness Index, is getting its roads and regulations ready for the use of driverless trucks to further boost the efficiency of the country’s logistics industry, believe experts. A driverless electric lorry had started...

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