Business & Money | Wednesday 4 September, 2019 1:00 am

Azizi Developments marks 92% construction completion of Farishta

Azizi Developments, one of the leading private developers in the UAE, has recorded a construction completion of 92 per cent for Farishta, its new residential tower in Al Furjan, an up-and-coming strategic location with excellent connectivity. Farishta, comprising 284 elegantly designed...

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Business & Money | Tuesday 3 September, 2019 2:39 pm

New General Manager appointed for Uber Eats in Saudi Arabia

Uber today announced the appointment of Assad Numan as the new General Manager for Uber Eats operations in Saudi Arabia. Following the launch of Uber Eats in Riyadh, Jeddah and Dammam, Numan will be leading the next phase of expansions and developments across the Kingdom.    Based...

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Business & Money | Tuesday 3 September, 2019 10:17 am

Ajman Free Zone partners with Al Zorah Development Company to manage Al Zorah Business Centre

Ajman Free Zone has entered into an agreement with the free zone entity of Al Zorah - a partnership between Solidere International and Ajman Government -  and a premium lifestyle and leisure destination, to operate the developments of 3,000 ft state-of-the-art Business...

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Business & Money | Tuesday 3 September, 2019 10:10 am

Saudi Arabian bond market experiences 29% jump in 1H19; loan refinancing sees an 80% drop

Debtwire Par, the provider of high value news, data and analysis on global debt markets, has today released research showing that the Saudi Arabian bond market saw 1H19 end with bond volumes reaching USD 25.6bn from eight deals, representing an increase of 29% in volume...

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Business & Money | Tuesday 3 September, 2019 3:20 am

Fidu Properties named Top 5 Brokerage Company for the first half of 2019

Fidu Properties, one of the leading Chinese companies in the UAE property market, has received an enviable recognition with it being named as the Top 5 Brokerage Company for the first half of 2019 by Emaar Properties. This recognition comes close on the heels of Fidu Properties awarded Top 4th...

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Business & Money | Tuesday 3 September, 2019 2:30 am

Infrastructure investment across DIP surges to AED 1.5 billion

Dubai Investments Park [DIP], the unique integrated commercial, industrial & residential community in the Middle East, wholly-owned by Dubai Investments PJSC, is spurring up its investments towards the development of various infrastructure facilities and has invested a total of AED 1.5 billion...

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Business & Money | Tuesday 3 September, 2019 12:22 am

Saudi Arabia replaces Aramco chairman with head of PIF — Bloomberg

Saudi Arabia has named Yasir Al-Rumayyan, head of the Kingdom’s sovereign wealth fund, known as the PIF, as the chairman of state oil giant Aramco, replacing Energy Minister Khalid Al-Falih, Bloomberg reported on Monday, citing an unnamed Saudi official. Al-Falih has been removed from his...

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Business & Money | Monday 2 September, 2019 12:59 pm

Alwaleed Philanthropies invests $5 million to Gavi’s INFUSE initiative

Alwaleed Philanthropies, chaired by HRH Prince Alwaleed Bin Talal Bin Abdulaziz AlSaud, the global philanthropic foundation, has made a fresh commitment to preventing the spread of disease by investing a further US $5 million in its partnership with Gavi, the Vaccine...

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Business & Money | Monday 2 September, 2019 3:29 am

Technology company transforming GCC laundry business set for major growth in UAE, region

The company building a thriving online marketplace for the US$3 billion laundry industry in the Gulf region today outlined its dynamic expansion plans to bring monthly growth in the UAE and international markets.   JustClean, established three years ago by Kuwaiti brothers Athbi and...

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Business & Money | Monday 2 September, 2019 2:30 am

wasl progresses with the construction of its Warsan project ahead of Expo 2020

wasl properties, a subsidiary of wasl Asset Management Group, is proud to announce that construction on its Warsan project is well underway for a timely delivery for Expo 2020. The Warsan project will comprise 35 buildings in a community-style layout that when completed will provide 3,866...

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