Business & Money | Wednesday 1 March, 2017 8:28 am

IKEA scoops #1 retailer brand in KSA for second successive year

Ghassan Ahmed Al Sulaiman Furniture Trading Co. Ltd, IKEA Saudi Arabia, the leading home furnishings retailer in the Kingdom, has been ranked for the second consecutive year as number one Retailer in Saudi Arabia on Brand Buzz according to the 2016 BestBrand Rankings launched by global market...

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Business & Money | Wednesday 1 March, 2017 7:56 am

German wood businesses head to Dubai WoodShow

A report by The Federation of the German timber industry (HDH) stated that the German wood industry witnessed an increase in sales in 2016 by 2.4%, up to EUR 35 billion. Currently, 939 companies operate in the German wood industry and the employment in the industry comprises of 149,872 employees....

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Business & Money | Tuesday 28 February, 2017 6:40 pm

National Insurers in the United Arab Emirates Back in the Black

After an extremely challenging year of underwriting and investment losses for many market participants during 2015, the United Arab Emirates (UAE) insurance market has swung back into the black in 2016. The market has endured regulatory upheaval in the past year as it seeks greater financial...

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Business & Money | Tuesday 28 February, 2017 4:59 pm

Booz Allen Hamilton in the list of " Most admired company in the world

Booz Allen Hamilton has been named to Fortune magazine’s prestigious list of “The World’s Most Admired Companies” for the sixth consecutive year. Described as “the definitive report card on corporate reputations,” the list is based on responses drawn from...

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Business & Money | Tuesday 28 February, 2017 8:04 am

GROHE Blue® Home water system is recognised for innovation with BEST OF THE BEST Iconic Award: Interior Innovation

GROHE is proud to announce that it has received the BEST OF THE BEST Iconic Award for GROHE Blue® Home, its innovative water system that delivers filtered and carbonated water directly from the tap. This is one of four Iconic Awards won by GROHE which has been accepted by Michael Seum, GROHE...

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Business & Money | Tuesday 28 February, 2017 7:44 am

MAG 5 PD launches ‘MAG 5’ – a new project within its Dubai South Development

 MAG 5 Property Development (MAG 5 PD), the leading property developer of luxury mid-range developments and pioneering affordable housing initiatives, has launched MAG 5; the third phase of its MAG 5 Boulevard community. The launch of MAG 5 comes in response to increasing investor demand for...

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Business & Money | Monday 27 February, 2017 6:56 pm

ANCHOR FOOD PROFESSIONALS TO STRETCH ITS LEAD IN MIDDLE EAST MARKET WITH DEBUT SHOWCASE AT GULFOOD 2017

Anchor Food Professionals, a leading dairy foodservice supplier of the Middle East, will use its debut at Gulfood 2017 to show how it helps customers keep pace with rapidly evolving consumer trends and stay ahead of the competition. Anchor Food Professionals, the foodservice business of Fonterra,...

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Business & Money | Monday 27 February, 2017 2:13 pm

LONDON ICON HARRODS TO MARK FIRST UAE INTERIORS VENTURE BY DESIGNING VIP OASIS AT INDEX

Industry leading designers from Harrods - the world’s most famous department store - will bring unrivalled luxury to Dubai’s biggest interiors event when they create an exclusive VIP lounge for the 27th INDEX Design Series this May. Interior stylists from the high-end London...

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Business & Money | Monday 27 February, 2017 7:38 am

Saudi Arabia food demand represents 59% of GCC market

Euler Hermes, the world’s leading provider of trade-related credit insurance solutions, expects food prices to rise in the United Arab Emirates (UAE) in 2017. Global food prices stopped plunging in 2016, with a contained -1.5 percent drawback of the FAO Food Index. This was the lowest...

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Business & Money | Monday 27 February, 2017 7:34 am

KSA faces difficulty in hiring African workers

Saudi Arabia is facing difficulty to recruit workers from Somalia, Ethiopia, Chad and Guinea as the Labor and Social Development Ministry is unable to sign manpower agreements with the four African countries, a responsible ministry source said. The source emphasized the need to reach agreements...

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