Business & Money | Wednesday 2 November, 2016 3:32 pm

UPS Drives Higher Profit in 3Q16

UPS (NYSE:UPS) today announced third-quarter 2016 diluted earnings per share of $1.44, a 3.6% increase over the same period last year. International operating profit increased 14% to $576 million, achieving the seventh consecutive quarter of double-digit growth. Total reported revenue was $14.9...

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Business & Money | Wednesday 2 November, 2016 3:19 pm

Abu Dhabi Financial Group commences development of “The Broadway”

Following the official handover ceremony of the former New Scotland Yard site from London’s Mayor’s Office for Policing and Crime (MOPAC) to Abu Dhabi Financial Group (ADFG), Northacre, London’s leading property development arm and a subsidiary of ADFG, has been appointed to...

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Business & Money | Wednesday 2 November, 2016 2:36 pm

The 6th Chief Audit Executive (CAE) Conference 2016

UAE Internal Auditors Association will hold its 6th Annual Chief Audit Executive (CAE) Conference themed “Enhance & Protect Challenges Ahead” at the Four Seasons Hotel at Al Maryah Island, Abu Dhabi on the 9th & 10th of November 2016. This year’s "Smart...

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Business & Money | Wednesday 2 November, 2016 2:31 pm

Forbes Middle East reveals 2016 ranking “Global Meets Local – Top Executive Management 2016”

For the fourth consecutive year Forbes Middle East has unveiled its list of the top 100 regional heads of the most successful multi-national organizations at its exclusive Global Meets Local 2016 event. The event was attended by the Middle East-based senior business leaders and executive management ...

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Business & Money | Wednesday 2 November, 2016 2:23 pm

Saudi Arabia to Mount Its Biggest Gulfood Manufacturing Push to Date

Saudi Arabia will next week launch its biggest ever promotion at Gulfood Manufacturing, the Middle East’s largest food manufacturing, processing and packaging, logistics and materials handling exhibition, which runs at Dubai World Trade Centre from 7-9 November.   Of the more...

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Business & Money | Wednesday 2 November, 2016 1:33 pm

Dubai 100 announces winner of Shanghai bootcamp

Dubai 100, a global pre accelerator based in Dubai, has announced the winner of its first regional bootcamp in Shanghai, China, as MoDoo, a digital health startup which has developed an innovative wearable device that passively monitors foetal heartrate and movements during...

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Business & Money | Wednesday 2 November, 2016 1:31 pm

DAMAC Properties Awards China State Construction Engineering Corporation AED 554 Million

DAMAC Properties today announced that it has awarded China State Construction Engineering Corporation (Middle East) LLC (‘China Construction’) a AED 554 million contract to build the Paramount Residences at the Paramount Tower Hotel and Residences in Dubai.   The global...

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Business & Money | Wednesday 2 November, 2016 1:27 pm

Eng Safwan Al Khatib receives Lifetime Achievement Award at MECC 2016

Smart Link Contact Centers, a leading business process and contact centre outsourcing provider in Saudi Arabia, announced that Eng Safwan Al Khatib, Managing Director of Smart Link was honoured with Lifetime Achievement Award at the Middle East Call Centre Awards (MECC) 2016 held in Dubai...

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Business & Money | Wednesday 2 November, 2016 1:18 pm

Careem Strengthens Its Presence Across KSA

Careem, the region’s leading app based car booking service has strengthened its position in Saudi Arabia by growing its presence in the majority of its cities. Careem, which operated in just 3 cities in Saudi Arabia 3 years ago, has today grown to 22 cities in in the Kingdom, while...

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Business & Money | Wednesday 2 November, 2016 9:23 am

Buoyant Outlook As Regional Governments Target US$100 Billion Spending Spree On Infrastructure Projects

The Middle East Concrete and PMV Live events – part of The Big 5 2016 at Dubai’s World Trade Centre from 21-24 November - will be held against the backdrop of some of the world’s largest and most lucrative infrastructure projects. The outlook remains extremely positive as...

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