Business & Money | Wednesday 31 August, 2016 10:06 am

Cisco Middle East Appoints Shukri Eid Managing Director for its East Region

 Cisco Middle East has announced that Shukri Eid has been appointed Managing Director of its East Region effective immediately. In his new role, Shukri will lead the Cisco’s business in the UAE, Oman, Pakistan, Afghanistan and Yemen and work closely with partners to support private and...

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Business & Money | Wednesday 31 August, 2016 5:26 am

SOUQ.com strengthens its Leadership Bench team in the Areas of Technology and Service

SOUQ.com, the Middle East’s largest online retail and marketplace platform is pleased to announce the appointment of Wisam Daoud as the new COO and Dinesh Ajmera, as the SVP of Technology to further expand SOUQ.com’s technology and global operations. These appointments highlight...

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Business & Money | Tuesday 30 August, 2016 4:50 pm

Emirates Islamic successfully closes US$ 250 million tap of Sukuk issuance

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced that it has successfully closed a US$ 250 million tap of its earlier US$ 750 million 5-year Sukuk issued in May 2016. This is under the bank’s US$ 2.5 billion Certificate Issuance Programme. The...

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Business & Money | Tuesday 30 August, 2016 4:48 pm

Preparations set for RESCOM Summit Middle East on 27-29 September in Doha

Despite declines in some performance metrics in Middle East & North Africa (MENA) Market in 2016, there are 960 residential, commercial, healthcare, hospitality, smart buildings and education projects pipelined to be completed across the Middle East Region.    This...

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Business & Money | Tuesday 30 August, 2016 1:12 pm

Selecting Your Strategic Datacenter Partner

Every datacenter has its share of strengths and characteristics that is the sum of its capital investments and innovative way of operations. An end-customer wanting to select a datacenter that meets its requirements in terms of availability and reliability must be ready to go down both the paths of ...

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Business & Money | Tuesday 30 August, 2016 12:41 pm

International General Insurance Holdings Limited earnings rise to US$ 19.8 million for H1 2016

International General Insurance Holdings Limited today reported earnings for the first half of 2016.   Overall, the Group announced gross written premiums of $126.8 million for the period ended 30 June 2016 as compared to $122 million for the previous period of 30 June 2015. Net...

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Business & Money | Tuesday 30 August, 2016 12:37 pm

Heart of Sharjah Honours its Female Staff

The Heart of Sharjah (HOS), the UAE’s premier tourist destination, has honoured its female staff on the occasion of Emirati Women’s Day. The management of HOS paid tribute to its women employees on Sunday in recognition of their efforts in preserving the UAE's rich culture and...

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Business & Money | Tuesday 30 August, 2016 12:28 pm

UAE named one of top ten markets for green Building Space

Today, about 40% of global energy and 25% of global water are used by buildings, which are also responsible for approximately one third of all global greenhouse gases. Yet, buildings offer the greatest opportunities for achieving sustainable development. According to the United Nations Environment...

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Business & Money | Tuesday 30 August, 2016 12:20 pm

Banks and merchants must adapt to meet needs of UAE and KSA Millennials, finds Visa study

Visa (NYSE:V), a global payments technology company, today published a study on the spending habits and payments preferences of Millennials in the United Arab Emirates (UAE) and Kingdom of Saudi Arabia (KSA), revealing a wealth of untapped opportunities for banks, issuers and...

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Business & Money | Tuesday 30 August, 2016 11:41 am

UAE-IAA Hospitality Subgroup organized a seminar to increase competency of audit professionals in local Hospitality Industry

UAE-IAA Hospitality Subgroup organized a seminar on Thursday, 25th August 2016 at Abu Dhabi National Exhibitions Center. The seminar, led and attended by seasoned professionals, was an ideal platform to exchange best practice and discuss practical matters pertaining to the role of internal audit in ...

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