Business & Money | Saturday 4 March, 2017 8:15 am

SWCC may stop giving free water to NWC

 The Saline Water Conversion Corporation (SWCC), which will soon be privatized, is presently considering a study to sell desalinated water to the National Water Company (NWC), Makkah daily reported on Wednesday. A source at the NWC said the SWCC has so far been providing water to the...

More Details

Business & Money | Saturday 4 March, 2017 8:00 am

KSA INVESTMENT CONTINUES TO FLOW INTO TURKEY DESPITE CONCERNS

Investors from the Kingdom of Saudi Arabia have emerged as the largest GCC real estate investor in Turkey and the third largest among foreign investors. Buyers from Iraq (in first place), Saudi Arabia (3rd), Kuwait (4th), Qatar (7th) and Bahrain (10th) emerged among the top 10 foreign buyers in the ...

More Details

Business & Money | Saturday 4 March, 2017 7:51 am

“New Coalition Forms to Drive Leadership in Strategic Initiative Management“

Agile Alliance, The Boston Consulting Group (BCG), and Project Management Institute (PMI), today announced the formation of a coalition dedicated to becoming the leading authority on strategic initiative management with the aim of helping enterprises reduce the failure rate of large-scale strategic ...

More Details

Business & Money | Saturday 4 March, 2017 7:43 am

Oil rises as OPEC sticks to output pledges

Oil reversed earlier losses on Wednesday as investors took heart from strict compliance of the Organization of the Petroleum Exporting Countries (OPEC) with its pledge to cut output, although evidence of increasing US production capped gains. OPEC reduced its oil output for a second month in...

More Details

Business & Money | Saturday 4 March, 2017 1:45 am

DIHAD Supports Orphaned Refugees Through ‘Fly For Peace’ Campaign

In a first-of-its-kind campaign in the Middle East, a ‘Fly For Peace’ exhibition will take place at DIHAD Conference & Exhibition happening from 21st to 23rd of March, 2017 at the Dubai International Convention & Exhibition Centre,  featuring orphaned refugees’...

More Details

Business & Money | Friday 3 March, 2017 3:15 pm

Dubai Industrial Park Concludes Participation at Gulfood 2017

Dubai Industrial Park’s Light Industrial Units and Refrigerated Warehouses Receive High Interest from SMEs  Dubai Wholesale City (DWSC), a global integrated wholesale trading hub and member of TECOM Group, has concluded its successful participation at one of the region’s largest ...

More Details

Business & Money | Friday 3 March, 2017 3:07 pm

BARCLAYS NAMED ‘BEST PRIVATE BANK’ IN THE UNITED ARAB EMIRATES

Recognising Barclays’ “Integrated Banking Model” & Quality service  Barclays was named ‘Best Private Bank’ in the United Arab Emirates during the ‘Middle East Banking Awards ceremony’, which is organised by EMEA Finance, a leading banking and...

More Details

Business & Money | Friday 3 March, 2017 8:48 am

Uber and Careem banned from airport pickup

Picking up passengers from airports using private cars or ride-hailing services such as Uber and Careem is considered a traffic violation that is punishable by law, according to the General Directorate of Traffic. Saudis using private vehicles are also banned from picking up passengers at the...

More Details

Business & Money | Friday 3 March, 2017 7:14 am

UFI announces 2017 Global Congress theme:“Raising the Odds - Pressures and Profits in the Exhibition Industry”

the Global Association of the Exhibition Industry, has announced the theme of this year’s UFI Global Congress: “Raising the Odds - Pressures and Profits in the Exhibition Industry”. The event takes place 1-4 November 2017 in Johannesburg (South Africa). UFI’s Global...

More Details

Business & Money | Thursday 2 March, 2017 2:00 pm

A321neo powered by CFM LEAP-1A engines receives type certification

Customers to benefit from two engine options Following a comprehensive flight test programme, the A321neo powered by CFM International’s LEAP-1A engines has been granted joint Type Certification from the European Aviation Safety Agency (EASA) and the Federal Aviation Administration...

More Details