Business & Money | Tuesday 27 September, 2016 12:22 pm

DFMC aims to grow stronger in Middle East premium mattress industry

Dubai Furniture Manufacturing Company LLC (DFMC), manufacturer and marketer of Serta and King Koil mattresses in the Middle East will continue to aim for stronger presence and increase market share in the premium segment of the mattress industry in the region. This was the message conveyed by...

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Business & Money | Tuesday 27 September, 2016 12:18 pm

Improving access to finance is critical for diversification of GCC economies

GCC Governments need to step up efforts to improve the financing environment, according to a new ICAEW report. The accountancy and finance body warns that the access to finance will be a key driver for economic diversification across the region – urgently needed in light of the radical shift...

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Business & Money | Tuesday 27 September, 2016 12:02 pm

Cisco Announces Integrated Cloud-Based Security Solutions for Digital Era

Cisco announced new services and cloud-based security solutions built with Cisco’s threat-centric security architecture. With best of breed security solutions uniquely architected to be integrated, automated and simple to use, the Cisco® security portfolio provides companies with a more...

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Business & Money | Tuesday 27 September, 2016 9:29 am

Sheikh Faisal Al-Humoud Al-Malek Al-Sabah Opens the Big 5 Kuwait

On September 25, 2016, Sheikh Faisal Al-Humoud Al-Malek Al-Sabah, Governor of Al-Farwaniya, opened the fourth edition of The Big 5 Kuwait at The Kuwait International Fairground. Running until September 27, Kuwait’s largest construction event showcases thousands of innovative and never seen...

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Business & Money | Tuesday 27 September, 2016 7:43 am

Advanced innovation course yields 40 fresh ideas for improvement at Dubai Customs

Dubai Customs Innovation Team and Training Centre joined hands with the Global Innovation Institute to deliver extensive training course to DC employees, in a bid to hone their innovative capabilities. Seven creative work teams were formed to propose and generate fresh ideas.   ...

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Business & Money | Tuesday 27 September, 2016 7:33 am

The opening of Intersolar Middle East exhibition and conference a successful starting point for growth

The first Intersolar Middle East in Dubai took place in a historical year. In 2016, Dubai set a new record for the cost of solar power of about 3 US cents per kW/h. During Intersolar Middle East, an extremely low price of 2.42 US cents per kw/h for solar energy was bid during an auction for a solar ...

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Business & Money | Tuesday 27 September, 2016 5:55 am

The 2nd Sharjah FDI Forum 2016 Kicks off Tomorrow

Under the patronage and presence of His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, the second edition of the Sharjah FDI Forum is set to raise the curtains for its 2nd edition tomorrow. Organised by the Sharjah Investment and Development...

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Business & Money | Tuesday 27 September, 2016 2:23 am

Saudi Aramco and the GCC Board Directors Institute to host 4th Chairman Summit in Riyadh

With lingering low oil prices creating uncertainty in GCC economies, Saudi Aramco and the GCC Board Directors Institute (BDI) are bringing together high profile chairmen from across the GCC and expert panellists to exchange views on the current issues facing leadership and best practice under the...

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Business & Money | Monday 26 September, 2016 4:05 pm

Sipchem Wins a Prestigious IR Award

Saudi International Petroleum Company “Sipchem” was awarded the Most Improved IR Corporate Large Cap at the 2016 Middle East Investor Relations Association (MEIRA) Conference.   "Sipchem" achieved this award after gaining the majority of financial analysts and fund...

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Business & Money | Monday 26 September, 2016 3:30 pm

Emirates Islamic contributes AED 1 million to Dubai Charity Association

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today disbursed AED 1 million to Dubai Charity Association from its Zakat fund. The contribution will fund the association’s various charitable activities, such as helping the poor and needy and individuals in...

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