Business & Money | Friday 30 December, 2016 3:29 am

Tadawul slides on profit booking

Major Gulf stock markets were mixed in quiet trade on Wednesday although some second-tier Saudi petrochemical stocks rose sharply after oil prices climbed overnight. The Tadawul All-Shares Index (TASI) traded higher for much of the day but closed 0.2 percent lower as Saudi Electricity, which had...

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Business & Money | Thursday 29 December, 2016 2:58 pm

Department of eGovernment Unlocks the Technical Potential of Sharjah Police’s Inmates With an ‘Arduino’ Workshop

More than a dozen inmates at the Punishment & Correctional Institution Department in Sharjah participated in a highly engaging and innovative technology workshop built around the Arduino programming system, recently organised by Sharjah Department of eGovernment (DeG) in collaboration with...

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Business & Money | Thursday 29 December, 2016 2:22 pm

ITFC Supports Mauritania’s Energy Needs with US$ 45 Million Financing Agreement

The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IDB) Group, has convened a US$ 45 million Murabaha financing agreement with the Islamic Republic of Mauritania represented by the Ministry of Economic and Finance and the Mauritanian Electricity...

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Business & Money | Thursday 29 December, 2016 11:09 am

Emirates Islamic blood donation drive"

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, saw strong staff participation at a blood donation event held at the bank’s Head Office recently. The event was organized in collaboration with Dubai Health Authority – Dubai Blood Donation Centre. Emirates...

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Business & Money | Thursday 29 December, 2016 10:58 am

Booz Allen Hamilton forecasts energy trends in 2017

Change continues to be the defining feature of the global energy sector in 2017.  In the oil and gas industry, as well as in electric power, major internal and external forces are driving change, requiring industry leaders to revisit strategies.  In oil & gas, 2016 was a year of...

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Business & Money | Wednesday 28 December, 2016 3:48 pm

Sidra Capital Wins Global Investor Award 2016

Sidra Capital has won its ninth award in 2016. In the presence of industry leaders, Sidra was awarded the Alternative Asset Manager of the Year 2016 at the Global Investor/ISF MENA Awards in Dubai.   “We keep an edge over our competitors by listening to investors, keeping abreast...

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Business & Money | Wednesday 28 December, 2016 3:21 pm

Schneider Electric Remains a Leader in 2016 Gartner Magic Quadrant for Data Center Infrastructure Management Tools

Schneider Electric, the global specialist in energy management and automation, recently announced that for the third consecutive year it has been positioned by Gartner, Inc. as a leader in the Magic Quadrant for Data Center Infrastructure Management (DCIM) Tools[i] for its...

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Business & Money | Wednesday 28 December, 2016 3:05 pm

KAEC completes award-winning year with global win at International Property Awards

The Royal Greens Golf and Country Club at King Abdullah Economic City (KAEC) has won the International Best Leisure Development category at the prestigious International Property Awards (IPA) 2016 recently held in London. This is the first time a Saudi development has ever won in this category in...

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Business & Money | Wednesday 28 December, 2016 4:53 am

Alinma partners to renew their cards thru ATMs

Alinma Bank announced the launch of Alinma “MADA” Card and “Purchase Credit Card” replacement and renewal service, as well as resetting PIN codes through selected ATMs in different regions of Saudi Arabia. This new service covers a selected set of Alinma “MADA”...

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Business & Money | Tuesday 27 December, 2016 3:32 pm

Barwa Bank announces the 14th draw winners of its Thara’a savings account prize

Barwa Bank, Qatar's most progressive Shari’ah compliant financial service provider, announced the names of the 14th round of draw winners for Thara’a, its Shari’ah compliant savings account, at the Bank’s headquarters. As such Mr. Shaheen Ali, Mr. Khalid Mohd S...

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