Total income at the end of Q3 2019 was recorded at Dhs2.12bn while total assets reached Dhs20.64bn
Vision Investment Company, controlled by the Damac chairman, purchased the Italian fashion house in a deal reportedly valued at €160m
The project is being developed by Ithra Dubai, a wholly-owned subsidiary of Investment Corporation of Dubai
The company has launched its latest phones including the Nokia 7.2 in the UAE
The initial public offering will happen soon, says energy minister
The initiative aims to strengthen judicial systems through technology
The $100m project is coming up in Yas Island
Standard Chartered Plc and Banque Saudi Fransi are advising on the talks with local and international lenders
The two governments will form a council which will define the sectors and the timing of the investments
A majority in the survey conducted felt that energy manufacturing should be a shared responsibility of the government and private sector
A total of 35 government and semi-government entities participated in a data challenge
The decision aims to “increase competitiveness” in the kingdom’s university education system
Saudi Aramco is working toward an IPO that may raise $40bn
FreshToHome.com is among the top five e-grocers in the UAE, making over 1,000 daily deliveries
Nigeria is holding talks with Saudi Arabia for the supply of oil products to the African country
In 2018, UAE’s re-exports reached Dhs431bn
One-third of the Dhs61bn federal budget will be allocated to the social development sector
Petrol prices are linked to movements in international oil rates, which have seen strong volatility
Advisory issued especially for those in Brentwood, Bel Air and Pacific Palisades
The event, slated to be held in Riyadh in March, will facilitate AI knowledge exchange
It also reported that Saudi Arabia’s Capital Markets Authority will announce the start of the initial public offering process on Sunday
The index consists of 40 listed companies, of which 30 are UAE firms while 10 are dually listed companies
The 38th edition will host 173 authors and 2,000 publishers from 81 countries
Waves are expected to reach heights of 7 feet along the east coast
The group operates the BinDawood and Danube supermarkets and hypermarkets
The world’s largest natural flower garden aims to break another world record this year
The initiative will tackle cyber threats
Work on the potential share sale in Neopharma is at an initial stage
Etisalat Digital will also offer smart solutions pertinent to air quality, noise pollution, parking and traffic monitoring
The bank had announced in April that the outgoing CFO Surya Subramanian will return to Singapore to pursue family interests