Business & Money | Saturday 14 February, 2015 11:42 am

Saudi listed retail firms’ profits rise 10% to $2.7bn

Net profits of the listed retail firms grew by 10 percent to SR2.7 billion by the end of 2014 compared to SR2.5 billion in 2013, according to a financial report.The profit growth was mainly driven by the increased profits of five companies, namely Jarir Marketing, Saudi Automotive Services Co....

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Business & Money | Saturday 14 February, 2015 11:36 am

Microsoft targets more mobile-productivity app purchases

Microsoft CEO Officer Satya Nadella has a new strategy to make the company a purveyor of popular mobile applications: Acquire them.The software company is planning over the next few months to buy mobile-productivity applications that work on Apple and Google operating systems, according to people...

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Business & Money | Saturday 14 February, 2015 11:01 am

NCB Capital Launches AlAhli Freestyle Saudi Equity Fund

NCB Capital, the region’s leading wealth manager and the Kingdom of Saudi Arabia’s largest asset manager has launched the AlAhli Freestyle Saudi Equity Fund. The fund is an open-ended Shariah-compliant fund that aims to achieve superior growth in capital through a more concentrated investment...

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Business & Money | Friday 13 February, 2015 8:07 am

Ban Ki-moon Gives Seal of Approval to Dubai’s Low Carbon Development

HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, met Ban Ki-moon, Secretary-General of the United Nations during the Government Summit, held in Dubai from 9-11 February, to review the progress of Dubai’s Low Carbon Development. The meeting was attended by HE...

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Business & Money | Thursday 12 February, 2015 3:24 pm

Ascott Expands Global Network with its First Foray into Fast-Growing Istanbul

CapitaLand's wholly-owned serviced residence business unit, The Ascott Limited (Ascott), has secured a contract to manage its first serviced residence in Turkey, Somerset Maslak Istanbul. Ascott's entry intoTurkey will expand the footprint of the world's largest international serviced residence...

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Business & Money | Thursday 12 February, 2015 3:04 pm

TOH PR named official PR agency for Lifestyle engineers, Archimedia

TOH Public Relations, the leading GCC consumer communications agency, is pleased to announce that it has been appointed by Archimedia as its retained PR agency for 2015. Celebrating its 10th anniversary, Archimedia is the region’s leading provider of lifestyle technologies, smart homes and...

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Business & Money | Thursday 12 February, 2015 2:25 pm

Mashreq Capital receives a double win at the MENA Fund Manager Performance Awards 2015

Since 2011 Mashreq, one of the UAE’s leading financial institutions has been recognized for the performance of its Fixed Income funds either conventional or Islamic. Last month, Mashreq scooped up two new awards at this year’s prestigious MENA Fund Manager Performance Awards. Thanks to the...

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Business & Money | Thursday 12 February, 2015 12:39 am

Dubai Police & INDEX Praise the Success of IALM 2015

The Scientific Committee of the 23rd edition of the Congress of the International Academy of Legal Medicine, alongside with the organizing team from INDEX Conferences & Exhibitions, held a mutual meeting to review the post-congress’ results. They evaluated the performance and the success metrics...

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Business & Money | Wednesday 11 February, 2015 4:08 pm

Emaar appoints Jasper Hope as Chief Executive of the iconic Dubai Opera

Emaar Properties has appointed Jasper Hope, an accomplished international professional with deep insights in the management of high-end cultural venues and events, as the Chief Executive of the iconic Dubai Opera, the centerpiece of The Opera District development in Downtown Dubai, set to commence...

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Business & Money | Wednesday 11 February, 2015 3:35 pm

CBRE celebrates 10 years of success in the Middle East

CBRE, the global real estate consultancy firm, marked its 10th anniversary in the region with the opening of Huna Al Emarat: 2005 – 2015, a group art exhibition reflecting the evolution of the UAE during the past decade. Supporting the local arts scene, the exhibition features works across a...

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