Business & Money | Sunday 4 September, 2016 5:33 pm

Report: Disruptive technologies to evolve GCC real estate sector

The GCC real estate market has witnessed remarkable growth over the past years, with the sector remaining resilient despite the effects of oil price fluctuations. In the UAE alone, the local industry is expected to climb at a compound annual growth rate of 6.4 per cent from 2015 to 2019. Despite...

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Business & Money | Sunday 4 September, 2016 5:04 pm

Dubai Creative Clusters Authority partners with Dubai Healthcare City Authority to provide world-class healthcare services

Dubai Creative Clusters Authority (DCCA), the regulatory, policy-setting and knowledge-sharing body overseeing the development of Dubai’s creative economy, has signed a partnership agreement with Dubai Healthcare City Authority (DHCA), the governing body of Dubai Healthcare City (DHCC), to...

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Business & Money | Sunday 4 September, 2016 4:35 pm

Pearl Initiative Welcomes New Executive Director Carla Koffel

Pearl Initiative - the leading Gulf business-led, non-profit organisation promoting a corporate culture of accountability and transparency as a key driver of competitiveness across the region - has announced the appointment of Carla Koffel as its new Executive Director.  The...

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Business & Money | Sunday 4 September, 2016 4:14 pm

Nakheel reaches new heights with AED5 billion, 20-tower community at Deira Islands

 Master developer Nakheel has commenced work on a new, AED5 billion, 20-tower community at Deira Islands, its 15.3 square kilometre waterfront city in Dubai. With 16 residential buildings, two hotels and two serviced apartment complexes, Deira Islands Boulevard will transform the skyline at ...

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Business & Money | Sunday 4 September, 2016 2:57 pm

Lulu Hypermarket Opens its UAE’s 128th branch in Hili Mall in Al Ain

Lulu Hypermarket Group  has opened its newest branch in Hili Mall in Al Ain.This is the seventh branch of the retail group in the city of Al Ain, bringing the total number of branches in the UAE to 128 branches.        The opening was attended by HE Sultan...

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Business & Money | Sunday 4 September, 2016 2:16 pm

Cayan Group Receives High Honour from Forbes Middle East

Cayan Group, the leading property developer in the Middle East, was recently honoured by Forbes Middle East as one of the ‘Top Real Estate Companies in The Arab World’ at a gala dinner. Mr. Raja Alameddine, VP- Head of Investments and Commercial, Cayan Group accepted the honour on...

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Business & Money | Sunday 4 September, 2016 2:06 pm

Empower declared Strategic Sponsor of Water, Energy, Technology, and Environment Exhibition (WETEX 2016)

Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, will participate for the 12th year in the Water, Energy, Technology, and Environment Exhibition (WETEX 2016). The company also revealed that it is the  Strategic Sponsor of the ...

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Business & Money | Sunday 4 September, 2016 1:00 pm

Emirates NBD Future Lab™ to drive bank’s digital strategy

Emirates NBD, one of the leading banking groups in the region, has established the Emirates NBD Future Lab™, a key initiative of its digital strategy that will enable and accelerate the development of next generation digital and mobile banking services with the aim to increase smart ...

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Business & Money | Sunday 4 September, 2016 12:48 pm

Saudi and Dubai Markets perform well in comparison to regional counterparts- Al Masah Capital Weekly Report

Qatar witnessed profit taking from investors now that the market has absorbed the FTSE inclusion news, with the market’s major index going down by 2.7%, to be the worst weekly performer among its peers. Abu Dhabi and Kuwait also ended the week in the negative territory with each going down by ...

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Business & Money | Sunday 4 September, 2016 12:46 pm

Assets Under Management in the Middle East Decreased by a Staggering 10% in 2015, BCG Study Finds

 The global growth of asset management stalled as the industry in 2015 recorded its worst year since the 2008 financial crisis, according to a report by The Boston Consulting Group (BCG). Growth in assets under management (AuM) stalled—or in the case of the Middle East declined...

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