Business & Money | Wednesday 13 April, 2016 1:51 pm

Steelcase Reports Fourth Quarter and Fiscal 2016 Results

Steelcase Inc. (NYSE: SCS) reported fourth quarter revenue of $747.9 million and net income of $77.5 million, or diluted earnings per share of $0.62. Excluding restructuring costs, adjusted earnings were $0.64 per share.  During the fourth quarter, the company reversed its valuation allowance...

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Business & Money | Wednesday 13 April, 2016 1:26 pm

UAE RESIDENTS RANKED AS THIRD BIGGEST F&B SPENDERS

According to a Food and Beverage (F&B) report released by global property advisor CBRE, UAE residents ranked the third biggest F&B spenders globally in shopping malls, following their counterparts in Norway and Switzerland.   As the F&B market in the UAE demonstrates a...

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Business & Money | Wednesday 13 April, 2016 1:09 pm

Waseela Successfully Completes Milestone Five-Year WiMAX/LTE Network Managed Services Project in Saudi Arabia

Waseela, the regional Information and Communication Technology (ICT) company specializing in turnkey system integration and managed services, successfully completed the delivery of a WiMAX/LTE Network Managed Services project for Samsung in Saudi Arabia.  The project for Samsung which began ...

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Business & Money | Wednesday 13 April, 2016 5:35 am

Vincitore Real Estate Development officially debuts in Dubai’s branded property market

Vincitore Real Estate Development LLC has officially made its debut in Dubai’s continuously growing real estate industry with the recent launching of its landmark flagship project – Vincitore Palacio, branded and exclusive residential apartments being developed to set new standards of...

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Business & Money | Wednesday 13 April, 2016 4:17 am

2nd day of the Annual Investment Meeting (AIM 2016)

The second day of the Annual Investment Meeting (AIM 2016) held under the patronage of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, Ruler of Dubai at the Dubai International Convention and Exhibition Centre, had lengthily discussions on the opportunities...

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Business & Money | Wednesday 13 April, 2016 4:01 am

First-time buyers were second day’s most prominent visitors at the International Property Show 2016

First-time buyers were second day’s most prominent visitors of the 12th International Property Show, which coincided with the Annual Investment Meeting 2016, at the Dubai International Convention and Exhibition Centre (DICEC) where global exhibitors are competing to showcase their residential ...

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Business & Money | Wednesday 13 April, 2016 2:12 am

Mitsubishi to Collaborate with ExxonMobil in Advanced Gas Turbine Technology

Mitsubishi Heavy Industries, Ltd. (MHI) (TOKYO:7011), Mitsubishi Heavy Industries Compressor Corporation (MCO) and Mitsubishi Hitachi Power Systems, Ltd. (MHPS) have announced their collaboration with Exxon Mobil Corporation (ExxonMobil) to develop and explore new applications for their latest...

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Business & Money | Tuesday 12 April, 2016 3:10 pm

Emerging Markets Payments Enables “EMPay” on Merchants’ POS

Emerging Markets Payments (EMP), one of the leading payments processing companies in Africa and the Middle East, launches EMPay – an electronic bills payment solution for Point of Sale (POS) devices which will be available to EMP’s merchants and their customers. After a successful...

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Business & Money | Tuesday 12 April, 2016 3:06 pm

Averda Partners The Environment Socity of Oman

Recognising climate change as one of the greatest challenges of modern times and being a key contributor to The New Plastics Economy Report released during Davos 2016 World Economic Forum, Averda understands the importance of energy efficient processes, products and consumption in...

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Business & Money | Tuesday 12 April, 2016 2:58 pm

Cambridge English: New Regional Director META

 Cambridge English is pleased to announce the appointment of Ramiz Haddadin as the organization’s new Regional Director/Middle East, Turkey and Africa with immediate effect.  Ramiz will be responsible for contributing to Cambridge English’s overall strategy. He is based in...

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