Business & Money | Sunday 19 June, 2016 3:22 pm

Empower to participate in IDEA Annual Conference 2016 in Saint Paul from 19-23 June

A delegation from Emirates Central Cooling Systems Corporation (EMPOWER), the world’s largest district cooling services provider, has headed to Saint Paul, the United States to participate in the  International District Energy Association (IDEA) Annual Conference and Trade Show that is...

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Business & Money | Sunday 19 June, 2016 3:16 pm

Emirates NBD Donates AED2 Million to Provide 200,000 Books as Part of ‘Reading Nation’ Campaign

As part of the ‘Reading Nation’ Ramadan campaign that was launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, Emirates NBD has announced a contribution of AED2 million to provide 200,000 books to establish...

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Business & Money | Sunday 19 June, 2016 1:40 pm

PwC: GCC companies should take action now to prepare for VAT and Excise Tax

The GCC Ministers of Finance held an extraordinary meeting on Thursday 16 June in Jeddah and approved in principle the Value Added Tax (VAT) and Excise Tax treaties. Some administrative matters still need to be resolved, notably with regards to the tax collection mechanism related to intra-GCC...

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Business & Money | Sunday 19 June, 2016 1:17 pm

UAE’S Rapid Progress In Industrialization

The United Arab Emirates boasts of having the second-largest economy in the Arab world and last year it became the fifth fastest growing economy in the world. This triumphant growth is attributed to the flourishing trade in the region and a noticeable progress in developing key economic growth...

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Business & Money | Sunday 19 June, 2016 12:58 pm

 "Mobil 1" launches on-spot engine oil change service

Within its distinguished services to ensure customers’ satisfaction, Arabian Petroleum Supply Company (APSCO), manufacturer and marketer of "Mobil 1" oil, recently launched on-spot engine oil change through a modern fleet of mobile stations fully equipped to handle all types of...

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Business & Money | Sunday 19 June, 2016 12:18 pm

wasl properties Completes ‘wasl Oasis Mosque’ in its Muhaisnah Project

wasl properties, a subsidiary of wasl Asset Management Group, welcomed the holy month of Ramadan with the inauguration of ‘wasl Oasis Mosque’ at its wasl Oasis II project in Muhaisnah, which is located on Sheikh Mohammed Bin Zayed Road in close proximity to Sharjah. The real estate...

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Business & Money | Sunday 19 June, 2016 12:13 pm

Unilever Renews Environmental Partnership With Choithrams

Unilever, one of the world’s leading FMCG companies and manufacturer of iconic brands such as Lipton and Lifebuoy, has announced the renewal of its partnership with retail chain Choithrams, which operates over 37 stores in the United Arab Emirates. The announcement, which coincides with the...

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Business & Money | Sunday 19 June, 2016 11:57 am

Ahli United Bank celebrates 50 years of banking in the UK

Ahli United Bank (UK) PLC celebrated its 50th year of doing business in the UK, marking this milestone anniversary with an event held at London's Millennium Hotel in Grosvenor Square.   Established in 1966, United Bank of Kuwait Limited, the forerunner of AUB (UK), merged in 2000 with...

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Business & Money | Sunday 19 June, 2016 11:55 am

GOIC: Investments worth 18.1 billion USD in the manufacture of cement, lime and plaster in the Gulf

The Gulf Organization for Industrial Consulting (GOIC) announced that investments in the manufacture of cement, lime and plaster in the GCC reached 18.1 billion USD in 2015. In its report published by the Gulf Industrial Knowledge Centre (GIKC), GOIC stated that the number of factories...

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Business & Money | Sunday 19 June, 2016 11:51 am

Gartner Identifies the Top 10 Technologies for Information Security in 2016

Gartner, Inc. today highlighted the top 10 technologies for information security and their implications for security organizations in 2016. Analysts presented their findings during the Gartner Security & Risk Management Summit, being held here through Thursday.   "Information...

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