Business & Money | Sunday 28 August, 2016 1:47 pm

Sadara Chemical Company Announces Start-Up of Mixed Feed Cracker

Sadara Chemical Company (Sadara) announces that it has started up its mixed feed cracker (MFC) on August 28, 2016. The MFC is the only one of its kind in Saudi Arabia and will allow Sadara to produce a diversified range of plastics and chemical products.   The MFC is made up of 12...

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Business & Money | Sunday 28 August, 2016 12:22 pm

Emirates Islamic launches ‘Flex’ cards

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced the launch of ‘Flex’ cards – a new range of cards that offers instant and flexible rewards redemption options against spends across travel, electronics, hotels, miles exchange with...

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Business & Money | Sunday 28 August, 2016 12:19 pm

Sabre appoints new country manager to lead its expansion strategy in Qatar

Sabre Corporation (NASDAQ: SABR), the leading technology provider to the global travel industry, has appointed Ghassan Abu Khalaf as its new country manager for Qatar, to lead its operations and deploy Sabre’s expansion strategy across the country.   With more than 20...

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Business & Money | Sunday 28 August, 2016 12:15 pm

Gulf International Bank extends its support to the Global Ministerial Aviation Summit in Riyadh this August

Gulf International Bank (GIB) is pleased to announce its sponsorship of the Global Ministerial Aviation (GMA) Summit in Riyadh to take place on 29-31 August 2016 at the Ritz Carlton. The summit is held under the patronage of The Custodian of The Two Holy Mosques King Salman Bin Abdulaziz Al...

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Business & Money | Sunday 28 August, 2016 12:05 pm

‬‬‬‬‬‬‬Two LOIs between the Public Investment Fund (PIF) and Dur Hospitality

The Public investment fund (PIF) represented by the Saudi Real Estate Development Company (Dar Al-Hijrah) and Dur Hospitality, the Saudi Company specialized in hotel development and operation through local & international hotel operators signed two Letters of Intent, whereby Dur Hospitality...

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Business & Money | Sunday 28 August, 2016 11:30 am

wasl Group Launches ‘Port Views’

wasl Asset Management Group, one of the largest real estate management companies in Dubai, has announced the launch of its new project ‘Port Views’. The new development, located in Bur Dubai near Port Rashid, will add quality residential, commercial and hospitality accommodation...

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Business & Money | Sunday 28 August, 2016 11:24 am

FURSAN Announces the Grand Opening of the Flagship Boutique

An exclusive Grand Opening was held the evening of May 28th, 2016 in the newly opened FURSAN luxury Flagship Boutique, located on La Croisette18, Parcel 10, Porto Arabia, the Pearl Qatar; a magnificent, luxurious retail environment dedicated to opulence and consummate beauty. FURSAN,...

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Business & Money | Sunday 28 August, 2016 10:47 am

Women economic power on the rise in the GCC

The pivotal role of women entrepreneurship for economic growth and development is widely being recognized and encouraged by GCC governments as evidenced by the highest ever rates of entrepreneurial and business activity by regional women, revealed an Al Masah Capital Report on “GCC Women...

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Business & Money | Sunday 28 August, 2016 10:33 am

Over 50 percent of Phase 2 of Redwood Park now sold out

Only four weeks after its launch date, Phase 2 of Redwood Park at Jumeirah Golf Estates has sold over 50 percent of the three- and four- bedroom townhouse units on offer as part of the second phase of the community’s development.   The news comes as the project’s contactors,...

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Business & Money | Sunday 28 August, 2016 10:24 am

Rasmala completes acquisition of 72 warehouses in Dubai Investments Park for approximately AED 300 million

Rasmala (‘Rasmala’ or ‘the Group’), an independent investment management group, today announced that it has completed the acquisition of 72 warehouses in Dubai covering nearly 600,000 sq. ft. (BUA) for approximately AED 300 million in partnership with Ajman Bank and other...

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