Business & Money | Monday 26 September, 2016 3:30 pm

Emirates Islamic contributes AED 1 million to Dubai Charity Association

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today disbursed AED 1 million to Dubai Charity Association from its Zakat fund. The contribution will fund the association’s various charitable activities, such as helping the poor and needy and individuals in...

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Business & Money | Monday 26 September, 2016 3:01 pm

Jawaher Al Qasimi launches the “NAMA Fund” supporting women and seed funded it with AED 10 million

Her Highness Sheikha Jawaher bint Mohammed Al Qasimi, Wife of His Highness the Ruler of Sharjah, and Chairperson of the NAMA Women Advancement Establishment (NAMA), recently launched the ‘NAMA International Women Fund’ (NAMA Fund) and seed funded it with AED 10 million. The NAMA Fund...

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Business & Money | Monday 26 September, 2016 2:03 pm

Lines of Business Now Funding More than 40% of Enterprise IT Spending

The influence of lines of business (LoBs) over enterprise IT spending in the Middle East and Africa (MEA) continues to grow, according to the latest insights from International Data Corporation (IDC). The firm's recently published 'Worldwide Semiannual IT Spending Guide: Line of...

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Business & Money | Monday 26 September, 2016 12:53 pm

Following Global FinTech Trends: Payment Solutions Account for 40% of FinTech Businesses in the GCC

According to a new report by The Boston Consulting Group (BCG), FinTech companies in the GCC now account for 7% of all FinTech business in the Middle East and Africa region. Taking on the successful business models of the United States of America (USA), payment solutions account for...

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Business & Money | Monday 26 September, 2016 12:21 pm

Siemens 1,000th gas turbine arrives at Umm Al Houl power plant in Qatar

Siemens celebrated the arrival of the company’s 1000th gas turbine produced at its Berlin factory to the Umm Al Houl combined cycle power plant in Qatar. After journeying thousands of miles from Berlin, the fifth of six 11-meter-long SGT5-4000F turbines has made it to the plant that will...

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Business & Money | Monday 26 September, 2016 12:07 pm

Real-Time Insights Drive Government Digital Transformation with Saudi Vision 2030

More than 100 leading Saudi organizations agree real-time insights are key for driving government digital transformation and Saudi Vision 2030. Part of Saudi Vision 2030, the National Transformation Program 2020 supports government digital transformation and economic growth through five common...

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Business & Money | Monday 26 September, 2016 2:05 am

Trade exhibitions and industry events set to boost temporary staff requirements: Dulsco

Trade exhibitions related to technology, real estate, education, healthcare and upcoming themeparks are all set to boost the temporary staff requirements as per Dulsco, a regional leader in human resources and waste management. UAE is one of the most sought after destination in the Middle East for...

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Business & Money | Sunday 25 September, 2016 6:13 pm

The development of the computer and electronic products manufacturing industry in the GCC

The Gulf Organization for Industrial Consulting (GOIC) revealed that the GCC computer and electronic products manufacturing industry improved remarkably in the last few years. The private sector contribution was also significant to meet the growing demands on these products. In fact, the...

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Business & Money | Sunday 25 September, 2016 5:31 pm

Home Centre Opens New Store in Dubai’s Al-Karama Area

Home Centre, the largest home retailer in the Middle East, is all set to launch its new store in the city’s busy Al-Karama area on Tuesday, 27 September, at 6:30  PM. Located in the Montana Building near Karama post office, the store spreads across 70,000 square feet spanning three...

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Business & Money | Sunday 25 September, 2016 5:06 pm

Cayan Launches Official Sales for Billion-Riyal Samaya Project

Cayan Group, the leading property developer in the Middle East, has launched the official sales of its billion-riyal mixed-use residential project, Samaya. The project developed on a massive 1 million square meters is located in the prime area of Erga, north western Riyadh.    The...

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