Business & Money | Monday 1 August, 2016 12:37 pm

Study finds environmental cost of plastics NEARLY FOUR times LESS THAN alternative Materials

The Gulf Petrochemicals and Chemicals Association (GPCA) has highlighted the findings of a new study by Trucost, a leading environmental research organization, that finds the environmental cost of using plastics in consumer goods and packaging is nearly four times less than if plastics were...

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Business & Money | Monday 1 August, 2016 12:29 pm

Novus Aviation Capital expands portfolio with acquisition of three Boeing 737-900ER aircraft

Novus Aviation Capital (“Novus”), a leading global aircraft leasing platform based in Dubai, has announced the acquisition of three Boeing 737-900ER aircraft from PT Lion Mentari Airlines (“Lion Air”), which have been placed on long operating leases with the...

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Business & Money | Monday 1 August, 2016 12:28 pm

New International Forum for the Aftercare of Racehorses unveiled

 A new international forum that will bring together the official and national operations based around the world that facilitate and promote the retraining of racehorses has been formally unveiled at the ‘Lifetime Care for Thoroughbreds: Godolphin Forum’ in Newmarket, United...

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Business & Money | Monday 1 August, 2016 12:05 pm

Dubai Investments reports AED 516 million net profit in the first half of 2016

Dubai Investments PJSC [DFM: DIC], the leading, diversified investment company listed on the Dubai Financial Market, has published its financial results for the period ended 30 June 2016.    Dubai Investments reported a strong first half of 2016 with net profit attributable to...

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Business & Money | Monday 1 August, 2016 7:00 am

Petrochemical shares drag Tadawul lower

Stock markets in the Gulf fell on Sunday, weighed down by weak oil prices and lacklustre second-quarter corporate results over the last few weeks, while Egypt’s main index pulled back on profit-taking after a strong run. Saudi Arabia’s Tadawul All-Share Index declined 0.5 percent to a...

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Business & Money | Sunday 31 July, 2016 4:16 pm

Manufacturing Industry Boosts UAE’S GDP Growth

The noticeable expansion of manufacturing domain in the GCC region is credited to the government’s decision to reduce dependence and transition to a non-oil based economy. Furthermore, the recent launch of the Dubai Industrial Strategy is testament to the growing importance UAE lays on...

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Business & Money | Sunday 31 July, 2016 4:14 pm

DarkMatter Signals International Ambitions With Major Presence at Black Hat USA

DarkMatter, an international cyber security firm headquartered in the UAE, announces its Platinum Sponsorship of Black Hat USA, 2016, which is taking place at the Mandalay Bay, Las Vegas, between 30 July - 4 August, 2016.   The sponsorship marks the largest international...

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Business & Money | Sunday 31 July, 2016 4:10 pm

Dubai Properties extends flexible purchaser plan during the summer months

Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager, has announced an extension to its flexible payment plan for purchasers of property in its Serena and Arabella 2 developments located in DUBAILAND. The popularity of the offer, which was launched previously...

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Business & Money | Sunday 31 July, 2016 4:03 pm

Dubai South Awards AED 300 Million Infrastructure Contract to Tristar

 Master developer Dubai South has awarded a contract worth AED300 million for infrastructure works at its flagship Residential District. Central to the contract, which was awarded to Tristar Engineering & Construction LLC, is the delivery of the completed infrastructure works of Phase 1...

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Business & Money | Sunday 31 July, 2016 2:19 pm

Detailed business planning, market research paramount prior to launch of any new food concept, says Expert

A detailed business plan is absolutely vital to ensure the success of any new prospective business venture, particularly in the launch of new food concepts, as it not only provides the perfect roadmap but also factors all the ensuing opportunities and pre-empts the challenges beforehand, an expert...

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