Business & Money | Wednesday 8 May, 2019 11:35 am

Emirates Islamic rewards customers with host of Ramadan offers

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, is introducing a host of special offers to reward customers during the holy month of Ramadan. Details of the Ramadan promotions are as follows: The bank is doubling the Kunooz Savings Account prizes, giving...

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Business & Money | Wednesday 8 May, 2019 11:20 am

Shaker Group reports Q1 2019 results

Shaker Group (“Al Hassan Ghazi Ibrahim Shaker Co.”, the “Company” or the “Group”), Saudi Arabia’s leading importer, manufacturer and distributor of Air Conditioners and Home Appliances, has announced its financial results for the 3-month period ended 31...

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Business & Money | Wednesday 8 May, 2019 4:23 am

Academy launched to hone the skills of Saudi youth

Saudi Customs Jeddah Islamic Port won the 10th “Makkah Award for Excellence’’ for economic excellence, in recognition of Saudi Customs’ implemented programs and initiatives which contributed to the optimization of customs clearance procedures. On this occasion, Ahmed bin...

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Business & Money | Wednesday 8 May, 2019 3:20 am

Saudi Customs Jeddah Islamic Port wins 10th Makkah Award for Excellence

Saudi Customs Jeddah Islamic Port won the 10th “Makkah Award for Excellence’’ for economic excellence, in recognition of Saudi Customs’ implemented programs and initiatives which contributed to the optimization of customs clearance procedures. On this occasion, Ahmed bin...

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Business & Money | Wednesday 8 May, 2019 12:54 am

The French Business Council Dubai & Northern Emirates rallies its business community to support the French Pavilion at Expo 2020

Memorandum of Understanding signed about Expo 2020 Gala diner under the theme of the French Pavilion at Expo 2020: Lights, Enlightenment French Business Council Business Award ceremony Very high levels representatives from both sides among them 2 Ministers    In the...

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Business & Money | Tuesday 7 May, 2019 1:36 pm

Deyaar adopts a school with Dubai Cares

Deyaar Development PJSC (“Deyaar”), one of Dubai’s leading property developers and real estate service providers, has signed a Memorandum of Understanding (MoU) with Dubai Cares to improve children’s access to quality education in an underprivileged community in Malawi. ...

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Business & Money | Tuesday 7 May, 2019 1:27 pm

Ajman Free Zone extends its reach to more countries in middle Asia and East Europe

Ajman Free Zone has signed a partnership deal with Ipravo, a Kazakhstan based business consultancy company to represent AFZ in some central Asia and East Europe countries.   This is part of AFZ’s ambitious plans to promote its services in main markets across the world and attract ...

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Business & Money | Tuesday 7 May, 2019 4:55 am

UAE, Uzbekistan Start Implementing Strategic Partnership Involving 57 Collaborative Initiatives in Modernizing Government Work

A high-level government delegation from Uzbekistan arrived in the UAE on a week-long visit to acquire insights into the nation’s pioneering experience in government modernization.  Led by his Excellency Aziz Abdukhakimov, Deputy Prime Minister of Uzbekistan, the delegation of 67...

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Business & Money | Tuesday 7 May, 2019 4:52 am

Mohamed Yousuf Naghi Motors proudly partners with Saudi Art Council for successful ‘Al Obour’ exhibition

Mohamed Yousuf Naghi Motors helped to put Arab art in the driving seat thanks to its successful partnership with the Saudi Art Council for the ‘Al Obour’ contemporary art exhibition.   The artistic event, held over three months, saw three-generations of artists from across...

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Business & Money | Tuesday 7 May, 2019 4:49 am

Alawwal bank reports Q1 2019 profit of SAR 219.5 million

Alawwal bank announced its financial result for the first quarter of 2019, reporting net profit of SAR 219.5 million.  This is down 23.3% versus the same period last year. The lower net profit is driven by higher cost of risk, up by 31.4% vs Q1 2018.    Operating...

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