Business & Money | Thursday 28 April, 2016 8:53 am

KidzMondo Doha signs partnership agreement with LBDI HOLDING

 In a step towards making the indoor theme park a more vibrant and lively place for young visitors, KidzMondo Doha, Qatar’s one-of-a-kind miniature edutainment city, has partnered with LBDI HOLDING – Mister Pizza and Crepe & More, to add a fun culinary experience to its wide...

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Business & Money | Thursday 28 April, 2016 8:11 am

Dubai Hosts the 1st Global Franchise Market Next November

INDEX Conferences and Exhibitions – member of INDEX Holding signed a joint development agreement earlier today with Franchise Souq, a specialized company in the marketing rights and franchise labels. Through this agreement INDEX Conferences & Exhibitions will organize The Global Franchise ...

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Business & Money | Thursday 28 April, 2016 7:37 am

Al Meera Consumer Goods Company records a 13.7% rise in sales

 Al Meera Consumer Goods Company (Q.S.C.) announced its financial results for the first quarter of 2016, ended 31st March 2016, recording a net profit of QR 49.4 million as compared to QR 43.1 million for the same period in 2015, bringing the rate of increase in profits to 14.6%. Similarly, ...

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Business & Money | Thursday 28 April, 2016 7:04 am

AVERDA STARTS OPERATION OF ITS SECOND MEDICAL WASTE TREATMENT FACILITY IN THE SULTANATE OF OMAN

Averda entered the Omani waste management market in 2005 when it constructed, installed, commissioned and operated the Medical Waste Treatment Plant (MWTP) in Muscat Governorate (Al Multaqa) on behalf of the Ministry of Health. In December 2015, Averda was awarded a second 5-year contract for the...

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Business & Money | Thursday 28 April, 2016 6:34 am

Barwa Bank’s AGM approves 10% cash dividend for shareholders

Barwa Bank convened its Annual General Meeting (AGM) on Monday the 25th of April 2016, during which the results for the fiscal year ending on December 31, 2015, and the cash dividends of 10 percent to shareholders, were approved.   During the AGM, all items on the agenda were discussed,...

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Business & Money | Thursday 28 April, 2016 4:59 am

Al Marjan Island big magnet for real estate developers in the hospitality sector

Architect Abdullah Rashed Al Abdouli, Managing Director of Al Marjan Island (AMI) Company said that Ras Al Khaimah has reinforced its position as a premier investment destination in the world thanks to its advanced infrastructure, world-class communications, unique investment environment and...

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Business & Money | Thursday 28 April, 2016 1:44 am

Visa Brings Digital Payments to Rio 2016 Olympic Games as 1.2 Million Travelers Are Expected in Brazil

Visa (NYSE:V) today celebrated the 100 day milestone to the Rio 2016 Olympic Games. In its 30th year as the exclusive payment provider of the Olympic Games, Visa is creating and managing the entire payment system infrastructure and network throughout all venues including stadiums, press centers,...

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Business & Money | Thursday 28 April, 2016 12:30 am

Limited IPO activity in MENA continues in Q1 2016; Egypt and KSA lead activity: EY

 The Middle East and North Africa (MENA) region witnessed only two IPOs raising US$615.0m in Q1 2016, representing another quarter with limited IPO activity, according to EY. Capital raised through MENA firms in Q1 2016 increased by 141%, while the number of IPOs were consistent (2 IPOs),...

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Business & Money | Wednesday 27 April, 2016 4:24 pm

Major change ahead: Knauf insulation welcomes commitment by UAE authorities to update fire safety regulations

Efforts by UAE authorities to commit to updating building regulations following recent high profile fires in the region have been welcomed as an ‘example’ for the rest of the world to follow by Knauf Insulation, one of the world’s largest manufacturers of insulation products and...

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Business & Money | Wednesday 27 April, 2016 4:18 pm

Siemens celebrates 1,000 gas turbines from Berlin: electricity for one billion people

Today, the Siemens gas turbine factory in Berlin is shipping its 1,000th gas turbine manufactured at the plant. The SGT5-4000F gas turbine, which has a capacity of 300 megawatts (MW), weighs 300 metric tons and is destined for the Umm al Houl combined cycle power plant in Qatar. The total...

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