Business & Money | Tuesday 7 May, 2019 4:49 am

Alawwal bank reports Q1 2019 profit of SAR 219.5 million

Alawwal bank announced its financial result for the first quarter of 2019, reporting net profit of SAR 219.5 million.  This is down 23.3% versus the same period last year. The lower net profit is driven by higher cost of risk, up by 31.4% vs Q1 2018.    Operating...

More Details

Business & Money | Tuesday 7 May, 2019 3:40 am

Bayut Expands its Innovative Offering with the New Floor Plan Tool

Bayut, the UAE’s largest online property portal, has announced the launch of a game-changing feature on its website, that provides users with detailed 2D and 3D floor plans for over 40,000 property types in the UAE.  In an effort to increase convenience for end users and provide...

More Details

Technology & IT | Tuesday 7 May, 2019 3:33 am

GE Drives Regional Supply Chain at Power Partnership Summit

GE (NYSE: GE) hosted the Power Partnership Summit in Dubai, UAE, convening over 150 representatives of organizations working across the power sector in the Middle East, North Africa and Pakistan. The forum highlighted GE’s commitment to develop a robust supply chain to serve the...

More Details

Tourism & Hospitality | Tuesday 7 May, 2019 2:58 am

Seeking more expansion in the Kingdom’s hospitality sector Shada launches ‘Shada Executive’ in Jeddah

Shada Hospitality has celebrated the inauguration of its latest hotel, Shada Executive Al Salama, in Jeddah city. The new hotel comes to reiterate Shada’s strategy to expand and present remarkable hospitality services in Saudi Arabia.    The new hotel features 88 hotel rooms...

More Details

Business & Money | Tuesday 7 May, 2019 2:28 am

Al ‘Obour Exhibition concludes its activities with a presentation of workshops outcomes

After three months of artistic engagement with a wide spectrum of public, Al ‘Obour exhibition concludes its functions with a presentation of its workshops’ outcomes. The three-month contemporary art exhibition which was organized and managed for the sixth year by the Saudi Art Council...

More Details

Tourism & Hospitality | Tuesday 7 May, 2019 1:00 am

Air Arabia reports strong first quarter 2019 net profit of AED128 million, up 16%

Air Arabia (PJSC) today reported strong financial results for the first quarter (January to March) 2019 as the Middle East & North Africa’s first and largest low-cost carrier continued to deliver solid commercial and operational results.     Air Arabia reported a net...

More Details

Business & Money | Monday 6 May, 2019 3:23 pm

SAP Appoints Mohammed Al Khotani as Managing Director of Saudi Arabia

Global technology company SAP has appointed Mohammed Al Khotani as the new Managing Director of SAP Saudi Arabia, in order to enable Saudi Vision 2030’s cloud-based economic growth, Smart Cities, and Intelligent Enterprises.   Saudi Arabia’s organizations are digitally...

More Details

Business & Money | Monday 6 May, 2019 2:34 pm

Madi International Introduces Advanced Skincare Range to UAE’s Booming Beauty Care Industry

Madi International, a prominent distributor in the Middle East’s beauty care industry, introduced two advanced skincare product lines of globally acclaimed skincare brand SKEYNDOR. The products, TIMELESS PRODIGY and UNIQCURE, were officially unveiled at the press conference held at Grand...

More Details

Tourism & Hospitality | Monday 6 May, 2019 2:32 pm

This Ramadan: La Perle Tickets and Vouchers as of 99aed!

La Perle by Dragone goes dark during the holy month of Ramadan, which means the spectacle will be taking a short break. During this time Dubai’s #1 aqua show has incredible surprises in store with vouchers and tickets starting at just AED 99!   Throughout the month of Ramadan,...

More Details

Tourism & Hospitality | Monday 6 May, 2019 2:25 pm

Embrace Holy Month traditions at Ramada Downtown Dubai

Kenza at Ramada by Wyndham Downtown Dubai presents special iftar deals during the Holy Month of Ramadan, including an unbeatable early bird offer.  Keep the traditions alive by breaking your fast with an iftar featuring well-loved Middle Eastern dishes. Kenza’s iftar spread includes a ...

More Details