Business & Money | Saturday 25 April, 2015 9:17 am

FCA US and CNH Industrial to be Official Sponsors of the USA Pavilion at Expo 2015

FCA US and CNH Industrial announce their support of the USA Pavilion at the upcoming world’s fair in Milan from May through October 2015. Expo Milano 2015 is expected to draw close to 20 million visitors during its six months’ worth of performances, meetings, conferences and gatherings, all...

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Business & Money | Saturday 25 April, 2015 9:02 am

Mataf will be fully operational in Ramadan

The expansion of the mataf, or circumambulation area around the Kaaba, will be ready this Ramadan, with a capacity for 100,000 worshippers an hour.This was confirmed on Friday by Sultan Al-Qurashi, director of project management at the Presidency for the Affairs of the Two Holy Mosques, according...

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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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