Business & Money | Monday 23 March, 2015 4:59 pm

Jadwa-led consortium acquires majority stake in Saudi Mechanical Industries

Jadwa Investment, a leading Saudi Arabian private equity house and investment bank, today announced the acquisition of a majority stake in Saudi Mechanical Industries (SMI) by the Jadwa Mechanical Opportunities Fund along with Arab Petroleum Investments Corporation (APICORP). Headquartered in...

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Business & Money | Monday 23 March, 2015 3:58 pm

Annual General Meeting of Al Baraka Banking Group approves US$ 54.7 million in Cash Dividend and Bonus Shares

- Al Baraka Banking Group B.S.C held its Ordinary and Extra-ordinary General Meetings on 23rd March 2015 in Manama, the capital of the Kingdom of Bahrain. The Group's shareholders reviewed in relation to the financial year ended 31 December 2014 the report of the Board of Directors on the...

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Business & Money | Monday 23 March, 2015 12:36 pm

GCC Plastics & Polymers Industry offers new business opportunities

The Downstream oil industry within the Middle East region is developing at a rapid pace as new technologies emerge and new global markets open up. With Saudi Arabia and UAE having the largest number of plastic converter companies, there is immense potential in new product development and...

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Business & Money | Monday 23 March, 2015 12:10 am

Dr. Ali Al-Mulla appointed as Assistant Secretary General for Industrial Projects Sector at GOIC

The Gulf Organization for Industrial Consulting (GOIC) announced the appointment of His Excellency Dr. Ali Hamed Al-Mulla as Assistant Secretary General for Industrial Projects Sector representing the State of Qatar to replace former Assistant Secretary General Mr. Mohammed Al-Mazroui. Before...

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Business & Money | Monday 23 March, 2015 12:08 am

Panel discussion at the Capital Club analyses vital connections between digital financing platforms and small businesses in the region

Peer-to-peer financing gaining momentum in the UAE economyAs the economy continues to gain momentum in the UAE, small and medium-sized enterprises (SME’s) have managed to account for 95% of all businesses in Dubai. And peer-to-peer financing, which is the practice of connecting individual...

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Business & Money | Monday 23 March, 2015 12:04 am

Traders in Jeddah and Riyadh learn new Investment Strategies

ADS Securities, the largest FX, CFD and precious metals brokerage in the GCC was impressed by the enthusiasm and knowledge of traders in Jeddah and Riyadh. Over 50 traders attended events hosted by the well-known regional analyst, Noureldeen Al Hammoury, who offered his thoughts and advice on the ...

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Business & Money | Sunday 22 March, 2015 8:52 am

TRENDS partners with INSEAD to celebrate Region’s Best CEO

Awards event honors the GCC’s best chief executive officers based on quantitative dataHeld in Dubai on March 30, 2015, the forthcoming Top CEO event celebrates the very best in GCC business leadership. The prestigious annual event, organized by TRENDS magazine and INSEAD – the leading...

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Business & Money | Sunday 22 March, 2015 1:36 am

100 years of MAN Truck and Bus: Ready for the future

With success and experience: MAN has been building efficient and reliable commercial vehicles for the past century MAN Truck & Bus today announced an important milestone with the company celebrating 100 years of commercial vehicle manufacturing. In the Middle East, MAN Truck & Bus has built a...

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Business & Money | Sunday 22 March, 2015 1:09 am

A SPARKLING NEW LOOK AND A TOUCH OF SENSUALITY FOR THE NEW LADIES WATCH CREATED BY EBERHARD & CO.: GILDA GRAND PAVÉ

At the 2015 Baselworld Watch and Jewellery Show, Eberhard & Co. is adding the Gilda Grand Pavé to its range of Gilda ladies watches, whose oval shape can be seen on the wrists of the world's most stylish and discerning women.This precious new romantic edition is designed for women who want to...

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Business & Money | Sunday 22 March, 2015 12:00 am

Ooredoo Global Services Signs Major Agreements for International Connectivity

Ooredoo’s Wholesale Arm Takes Part in Global Undersea Cable Consortium; Signs New Agreement with PCCW Global for IPX Services; and Offers 4G LTE roaming services with BICS Ooredoo Global Services (OGS), the wholesale arm of global telecommunications leader Ooredoo, the company has announced three ...

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