Business & Money | Tuesday 24 March, 2015 6:04 pm

Cayan Group to create a Real Estate Fund for AED 1 bn Residential and Hospitaity Project in Dubai managed by SHUAA Capital

- Cayan Group, a leading property developer and real estate investment group, and investment firm SHUAA Capital today announced that they have signed an agreement to set up a Real Estate Development Fund. The Fund will be used for the construction of an AED 1 billion residential and hotel...

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Business & Money | Tuesday 24 March, 2015 1:01 pm

Novus Aviation Capital closes purchase and leaseback transaction with Emirates Airline for five Boeing B777-300ERs

Novus Aviation Capital has successfully closed the purchase and leaseback for five Boeing B777-300ERs with Emirates Airline. The transactions were closed between February and March 2015. “We are very pleased to enter into this landmark leasing transaction with Emirates Airline. Such large...

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Business & Money | Tuesday 24 March, 2015 12:58 pm

KPMG Lower Gulf and Hawkamah launch first Audit Committee Institute (ACI) in the UAE

• ACI will enhance effectiveness of financial reporting and corporate governance in the UAE and MENA region• Institute will be open to audit committee members of private, public and UAE government institutions• KPMG GCC ACI Survey indicates that operation risk, financial reporting and...

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Business & Money | Tuesday 24 March, 2015 12:48 pm

Noor Bank Leads Syndicate Facility for Ajman Bank

Noor Bank has successfully arranged a US$155 million Syndicated Islamic Financing Facility for Ajman Bank. The syndicated facility, which shall be utilised towards general corporate purposes, is expected to augment Ajman Bank’s ambitious business plans. The Shari’a compliant facility consists...

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Business & Money | Tuesday 24 March, 2015 12:34 pm

GCC family businesses provide female leadership opportunities

Nigel Nicholson, Professor of Organisational Behaviour, London Business School, comments:“Family firms, which represent up to 80 per cent of the region’s non-oil economy, offer women unique opportunities to fast track into leadership positions.“As we know from behavioural science, fitness to...

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Business & Money | Tuesday 24 March, 2015 11:33 am

Choueiri Group - Title Sponsors of the 10th Dubai Corporate Games

Choueiri Group renewed its Title Sponsorship of the Dubai Corporate Games for the 8th consecutive year, as the 10th edition of the premier corporate sporting event kicked off on the weekend of March 13- 14, 2015.The event’s now staple American University in Dubai (AUD) campus venue featured...

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Business & Money | Tuesday 24 March, 2015 10:39 am

Veolia awarded the Dubai Chamber of Commerce Corporate Social Responsibility Label

For the second year running, Veolia, the global leader in optimized environmental resources management, has been recognized by the Dubai Chamber of Commerce and Industry for its commitment to Corporate Social Responsibility (CSR) with two Corporate Social Responsibility Label awards. The...

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Business & Money | Tuesday 24 March, 2015 1:01 am

GULFOOD’S LANDMARK 20TH ANNIVERSARY EDITION DELIVERS BIGGEST AND MOST INFLUENTIAL EDITION IN SHOW’S HISTORY

Generates trade opportunities worth billions of dollarsNew UAE Halal Mark launched during Gulfood 2015, propelling Dubai’s Islamic Economy visionConfirming the show’s standing as the world’s leading gateway for foodstuff commodities trade, Gulfood’s landmark 20th anniversary edition...

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Business & Money | Monday 23 March, 2015 5:59 pm

Precious metals enjoy boost from dovish FOMC

Head of Commodity Strategy at Saxo Bank Ole Sloth HansenThe Federal Open Market Committee meeting on Wednesday was the highlight of this week. A lot of attention is currently being given to the US Federal Reserve as speculation about when and by how much it will raise its official Fed Funds rates....

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Business & Money | Monday 23 March, 2015 5:10 pm

First ever NAPCO Annual Invitational dinner highlights company’s strategic roadmap to development

Expansion to cover acquisition of new equipment aimed at increasing productivity and improving efficiencies National Aluminium Products Company SAOG (NAPCO), one of the leading extruders of aluminium profiles in the GCC, successfully hosted its first Annual Invitational dinner recently at the...

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