Business & Money | Monday 20 June, 2016 9:45 am

Doha Bank Hosts Garangao Celebrations

On the occasion of the holy month of Ramadan, Doha Bank, one of Qatar’s largest private commercial banks , organized a week-long lineup of activities to celebrate the traditional festival of Garangao. The Garangao festival marks the breaking of the fast on the 14th night of Ramadan, and sees...

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Business & Money | Monday 20 June, 2016 8:32 am

Jadwa Investment: Recent uptick in oil prices presents US shale oil with a potential life-line

According to a report, heavy cost-cutting measures, technological improvements and hedging allowed US crude oil production to remain positive in 2015, this will not be the case in 2016. During Q1 2016, US oil production saw its first year-on-year decline in eight years and this decline is expected...

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Business & Money | Monday 20 June, 2016 5:43 am

ZENITH HOSTS AN ELITE SET OF EVENTS TO LAUNCH THE Zenith El Primero Cohiba EDITION IN DUBAI

Swiss watchmaking company, Zenith, recently hosted an exclusive launch event for the ZENITH EL PRIMERO COHIBA in Dubai. The event that took place in collaboration with Zenith’s luxury retail partners in the city, Rivoli Group, was held at the N.5 Cigar lounge at the Ritz Carlton-DIFC. Select...

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Business & Money | Sunday 19 June, 2016 5:04 pm

Women in procurement professional roles network and hear from business leaders on the future of the profession

The Chartered Institute of Procurement & Supply MENA (CIPS MENA) welcomed female procurement and supply chain professionals from the KSA region (Kingdom of Saudi Arabia) at Sofitel Al Khobar, to the first Women in Procurement event in the region.   The event was attended by 37...

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Business & Money | Sunday 19 June, 2016 3:22 pm

Empower to participate in IDEA Annual Conference 2016 in Saint Paul from 19-23 June

A delegation from Emirates Central Cooling Systems Corporation (EMPOWER), the world’s largest district cooling services provider, has headed to Saint Paul, the United States to participate in the  International District Energy Association (IDEA) Annual Conference and Trade Show that is...

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Business & Money | Sunday 19 June, 2016 3:16 pm

Emirates NBD Donates AED2 Million to Provide 200,000 Books as Part of ‘Reading Nation’ Campaign

As part of the ‘Reading Nation’ Ramadan campaign that was launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, Emirates NBD has announced a contribution of AED2 million to provide 200,000 books to establish...

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Business & Money | Sunday 19 June, 2016 1:40 pm

PwC: GCC companies should take action now to prepare for VAT and Excise Tax

The GCC Ministers of Finance held an extraordinary meeting on Thursday 16 June in Jeddah and approved in principle the Value Added Tax (VAT) and Excise Tax treaties. Some administrative matters still need to be resolved, notably with regards to the tax collection mechanism related to intra-GCC...

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Business & Money | Sunday 19 June, 2016 1:17 pm

UAE’S Rapid Progress In Industrialization

The United Arab Emirates boasts of having the second-largest economy in the Arab world and last year it became the fifth fastest growing economy in the world. This triumphant growth is attributed to the flourishing trade in the region and a noticeable progress in developing key economic growth...

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Business & Money | Sunday 19 June, 2016 12:58 pm

 "Mobil 1" launches on-spot engine oil change service

Within its distinguished services to ensure customers’ satisfaction, Arabian Petroleum Supply Company (APSCO), manufacturer and marketer of "Mobil 1" oil, recently launched on-spot engine oil change through a modern fleet of mobile stations fully equipped to handle all types of...

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Business & Money | Sunday 19 June, 2016 12:18 pm

wasl properties Completes ‘wasl Oasis Mosque’ in its Muhaisnah Project

wasl properties, a subsidiary of wasl Asset Management Group, welcomed the holy month of Ramadan with the inauguration of ‘wasl Oasis Mosque’ at its wasl Oasis II project in Muhaisnah, which is located on Sheikh Mohammed Bin Zayed Road in close proximity to Sharjah. The real estate...

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