Business & Money | Tuesday 26 July, 2016 7:11 am

Phase 1 of DAMAC Properties’ AKOYA Imagine Villas Sold Out; Phase 2 Planned

 DAMAC Properties announced today that phase one of AKOYA Imagine villas has been sold out, and the launch of the second phase is planned for the end of July. The contemporary-styled villas, which are designed and priced to attract professionals in the “under 35” age group, have...

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Business & Money | Tuesday 26 July, 2016 5:09 am

Dulsco bags two major industry awards in 2016

Dulsco, a regional stalwart in human resource and waste management solutions, has won the Superbrand award for the second consecutive year. Dulsco is the only waste management company and HR solution providers in the region to be awarded the Superbrand status. More than 2,000 prominent brands in...

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Business & Money | Tuesday 19 July, 2016 1:02 pm

A Strong Second Quarter 2016

Almarai showed a strong Q2 2016 performance with sales up + 10.3% and net Income up by +18.5% compared to the same quarter of 2015.   The Q2 2016 results reached record levels in the company’s history for Net Income of SAR 629 million and Sales of SAR 4,025 million....

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Business & Money | Sunday 17 July, 2016 11:11 am

Emirates NBD signs agreement with Government of Dubai’s Community Development Authority

Emirates NBD, one of the leading banks in the region, has signed an agreement with the Community Development Authority (CDA) to solidify its strategic, long-term commitment to people with disabilities in line with the Government of Dubai’s ‘My Community’ vision to transform Dubai...

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Business & Money | Sunday 17 July, 2016 11:05 am

UAE takes part in Arab League meeting

The UAE on Saturday participated in a meeting of the permanent representatives of Arab countries to the Arab League, held to discuss preparations for the 27th Arab Summit, which will be held in Nouakchott, Mauritania, on July 25 and 26. The UAE delegation was headed by Ambassador to Egypt and...

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Business & Money | Sunday 17 July, 2016 10:41 am

Kuwait’s Largest Construction Event to Take Place as Government Earmarks $68.9bn for Construction Spend in 2016

With planned developments worth an estimated $123.6 billion, according to MEED, and $68.9 billion government construction budget for 2016, Kuwait’s construction industry offers massive business opportunities. The Big 5 Kuwait 2016, taking place from 25 – 27 September at the...

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Business & Money | Sunday 17 July, 2016 2:53 am

The Big Heart Foundation Donates $150,000 to Support Rohingya Refugees and Displaced People in Iraq

The Big Heart Foundation (TBHF), a Sharjah-based global humanitarian charity dedicated to helping refugees and people in need worldwide, has donated US $150,000 (AED550,000) to support Rohingya refugees in Malaysia and displaced people in Iraq. Distributed by the United Nations High Commission for...

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Business & Money | Sunday 17 July, 2016 2:09 am

Tag Heuer Announced as New Official Timekeeper and Sponsor of Laliga

 Swiss watchmaker TAG Heuer was announced as the new Official Timekeeper and sponsor of LaLiga. LaLiga legends Raúl González and Fernando Sanz joined the President of LaLiga, Javier Tebas, and TAG Heuer Spain General Manager, Blanca Panzano at a special event to celebrate the...

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Business & Money | Saturday 16 July, 2016 6:41 am

Emaar launches new tower in Dubai Hills Estate

Emaar Properties, Dubai’s largest developer, is launching an exclusive collection of homes in Dubai Hills Estate in Mohammed bin Rashid City. Only 147 residences, comprising 1, 2 and 3-bedroom apartments, are now offered for sale at the new tower in the Acacia at Dubai Hills Estate...

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Business & Money | Saturday 16 July, 2016 3:26 am

Property prices fall in Dubai, Abu Dhabi

Home buyers and those looking to rent in Dubai and Abu Dhabi can breathe a little easy with villa and apartment prices dipping between 4 and 6% in the second quarter, compared to the same period in 2015, UAE daily The National reported. But the report added that the market was likely to...

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