Business & Money | Saturday 25 April, 2015 8:54 am

Ras Al Khaimah Free Trade Zone Opens New District Cooling Plant

As part of its ongoing initiatives to conserve the earth’s resources while providing the highest-quality service to clients, Ras Al Khaimah Free Trade Zone (RAK FTZ) has opened a state-of-the-art District Cooling Plant to meet its air-conditioning demand. The plant, which uses chilled water to...

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Business & Money | Thursday 23 April, 2015 2:38 pm

Sundus Investments Projects Inks Deal with Shaksy Engineering Services

Sundus Investments Projects LLC, specialists in mixed-use developments in the Middle East, has signed an agreement with Shaksy Engineering Services (SES) to begin work on the first phase of the Sundus Airport Heights development in Muscat, which will be operated by Rotana Hotels when complete. The...

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Business & Money | Thursday 23 April, 2015 1:11 am

DAMAC Properties Dubai :Revenues up 11%, Net profit of AED 792.9 million

Properties Dubai Co PJSC Financial Results for Q1 2015DAMAC Properties Dubai Co PJSC (DFM: DAMAC) (“DAMAC” or the "Company"), a leading developer of high-end property in the Middle East, announces results for the quarter ending 31st March 2015.Financial Highlights for Quarter 1...

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Business & Money | Thursday 23 April, 2015 12:47 am

Middle East telecom leaders gather in Amman

ITU Arab Regional Development Forum discusses the role of broadband in spurring sustainable developmentDubai, UAE, April 20, 2015 - Key stakeholders from across the Middle East’s telecoms industry gathered in the Jordanian capital of Amman recently for the International Telecommunication...

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Business & Money | Thursday 23 April, 2015 12:46 am

Middle East’s Largest Social Media Summit Opens on

22 April 2015 at Four Seasons Resort Dubai at Jumeirah Beach Leading tech and media giants including Google, Microsoft, Facebook, Yahoo, CNN and Leo Burnett to headline the 2nd edition of the Social Media Summit hosted by AreebaAreeba Featuring a stellar line-up of the world’s leading media...

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Business & Money | Thursday 23 April, 2015 12:13 am

VEOLIA UNVEILS THE SMART WATER BOX AT WETEX

Veolia, the global leader in environmental resources management, today unveiled a new cutting edge digital water solution: The Smart Water Box. It will help cities of the Gulf Countries operate more efficiently the management of their water resources.The Smart Water Box was revealed at the 17tt...

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Business & Money | Wednesday 22 April, 2015 3:05 pm

AL TAYER MOTORS IS TOP INTERNATIONAL DEALER FOR ROUSH

Dealership records sales increase of 310 per cent in 2014Al Tayer Motors, one of the UAE’s premier automobile dealerships, and authorised dealer for ROUSH Performance Products (RPP), has been recognised as the Top International Dealer for the company. A trophy was presented to the dealership by...

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Business & Money | Wednesday 22 April, 2015 2:55 pm

Saxo Bank strengthens its capital base with EUR 77.5 million

Saxo Bank, the global online trading and investment specialist, has announced that it has strengthened its capital base by issuing Convertible Tier 2 Notes in exchange for EUR 46.25 million and by issuing new equity capital in the amount of EUR 31.25 million. CarVal Investors, a leading global...

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Business & Money | Wednesday 22 April, 2015 2:43 pm

ABU DHABI COMMERCIAL BANK PJSC REPORTS

FIRST QUARTER 2015 NET PROFIT OF AED 1.249 BN, AN INCREASE OF 13% YEAR ON YEAR, AND 22% QUARTER ON QUARTERAbu Dhabi, 21 April 2015 – Abu Dhabi Commercial Bank PJSC (“ADCB” or the “Bank”) today reported its financial results for the first quarter of 2015 (“Q1’15”).Financial...

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Business & Money | Wednesday 22 April, 2015 2:17 pm

Westcon Group Set to Reinforce Solutions Portfolio with Aruba Networks

Dubai based event kicks off the partnership and discusses plans and goals Westcon Group Middle East, the leading value added distributors (VAD) for convergence, infrastructure, mobility, and security solutions in the MENA region, has signed a distribution agreement with Aruba Networks. The move is ...

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