Business & Money | Tuesday 18 April, 2017 5:14 am

United Real Estate Company Holds its General Assembly Meeting for fiscal year 2016

United Real Estate Company (URC), one of the leading real estate developers in the Middle East and North Africa (MENA), has announced the holding of its General Assembly Meeting for the fiscal year ending December 31st 2016.   Mr. Tariq Mohammed AbdulSalam, Chairman of URC, discussed...

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Business & Money | Monday 17 April, 2017 3:10 pm

Abu Dhabi’s $1bn mall delayed until 2020

The opening of a shopping center worth $1 billion being built on an island off the coast of Abu Dhabi has been pushed back by two years until 2020 partly due to issues with its design and delays in receiving approvals, the developer’s chief executive said on Sunday. A new tender to build ...

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Business & Money | Monday 17 April, 2017 3:08 pm

Abu Dhabi real estate shares down on depressed property prices

Real estate shares and troubled Dana Gas weighed on the Abu Dhabi Stock Exchange on Sunday. The shares of Dana Gas dropped 4.4 percent in very high volume after the board’s Thursday meeting showed the company was still under “severe” cash constraint from the unearned...

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Business & Money | Monday 17 April, 2017 2:53 pm

Senior Regional Emissaries Map Out pan-Arab Business Strategy

The rich array of investment opportunities to be leveraged from effective pan-Arab collaboration was the topic under discussion at a high level business event held yesterday (Monday) in Sharjah. Hosted by the Sharjah FDI Office (Invest in Sharjah) in conjunction with the Jordan Business Council,...

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Business & Money | Monday 17 April, 2017 10:39 am

Saudi Labor Ministry identifies car rental suggestions

The Ministry of Labor and Social Development held a workshop in Riyadh to hear suggestions from rental-car dealership owners in a step to coordinate efforts to nationalize the industry. Deputy Minister for Private Programs Ibrahim Al-Shafi and partners and investors in the car rental activities...

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Business & Money | Monday 17 April, 2017 5:35 am

Sheikh ahmed bin saeed al maktoum announces outstanding 2016 results for dubai world trade centre

His Highness Sheikh Ahmed bin Saeed Al Maktoum, Deputy Chairman of the Board of Dubai World Trade Centre Authority, announced the 2016 annual performance of Dubai World Trade Centre (DWTC), as the business surpassed a significant milestone in visitation traffic hosting 3.03 million delegates and...

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Business & Money | Monday 17 April, 2017 4:50 am

TP-LINK MEA to Host ‘Connexions’ SMB Partner Event

TP-Link Technologies Co Ltd, a global provider of SOHO, SMB networking products and wireless LAN solutions, has announced that it will host the second annual “ConneXions” Partner Meet 2017 on 19th April in Dubai. According to the vendor which manufactures a broad range of products...

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Business & Money | Monday 17 April, 2017 4:21 am

Artar takes centre stage at restatex to showcase luxury downtown dubai residential tower

One of Saudi Arabia’s leading real estate developers is preparing to play a major role in Restatex, the Riyadh Real Estate and Urban Development Exhibition later this month with a showcase of its first UAE venture. ARTAR Real Estate Development will bring their Mada Residences project to...

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Business & Money | Sunday 16 April, 2017 9:18 am

SEDCO Capital Bags Saudi Asset Manager of the Year Award for Second Successive Year

As a result of its continued market-leading position, SEDCO Capital, a leading Saudi asset management firm, has been recognized as "Saudi Asset Manager of the Year" for the second consecutive year at the recently held MENA Fund Manager Performance Awards ceremony, following a stringent...

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Business & Money | Sunday 16 April, 2017 9:11 am

AIM Startup 2017 announces three start-ups as winners of the first edition

The first edition of AIM Startup, which was organised in conjunction with the seventh edition of the Annual Investment Meeting (AIM), named three start-ups as the winners of the Startup Pitch Competition. Following a continuous series of pitches, the announcement closed out the competition on the...

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