Business

Fitch Affirms Islamic Development Bank at ‘AAA’; Outlook Stable

Finance African Brains Wikimedia

Fitch Ratings has affirmed the Islamic Development Bank’s (IsDB) Long-Term Issuer Default Rating (IDR) at ‘AAA’ with a Stable Outlook. The Short-Term IDR has been affirmed at ‘F1+’. The trust certificates issued by IDB Trust Services Ltd with the benefit of a guarantee provided by IsDB have also been affirmed at ‘AAA’. The ratings reflect the intrinsic strengths of IsDB, …

Read More »

Memac Ogilvy PR voted Middle East PR Consultancy of the Year at 2016 EMEA Sabre Awards

memac

Memac Ogilvy Public Relations was voted Middle East PR Consultancy of the Year during the 12th annual EMEA Sabre Awards. The EMEA SABRE Awards, is the premier showcase for work produced by public relations agencies around the world, recognizing Superior Achievement in Branding Reputation & Engagement. The Agency also picked up a Gold Sabre Award for Geographic Categories for the …

Read More »

Startup Oman & Outward Bound Oman partner to launch Tajawuz Entrepreneurship Expedition Series

logo-notagline2 copy

Muscat, Oman — Startup Oman (www.startupoman.om), the Sultanate’s only online platform created by entrepreneurs for entrepreneurs and Outward Bound Oman (www.outwardboundoman.com)have partnered to launch the Tajawuz Entrepreneurship Expedition Series. The series will be made up of four expeditions per year and is focused on challenging entrepreneurial mindsets. The first expedition will be conducted in Jabal Al Akhdar from July 12 …

Read More »

Etihad Airways wins top honours at the prestigious Adam Smith Awards

.

Abu Dhabi, UAE – Following a string of recent awards for its funding activities and treasury practice, Etihad Airways swept top honours at the Treasury Today Adam Smith Awards in London. Etihad Airways’ treasury team collected the highest honour, winning the Top Treasury Team Award for overall excellence. The team also picked up the awards for Best Financing Solution and …

Read More »

KBW Investments and Ascorel Group establish Middle East partnership

Finance African Brains Wikimedia

Dubai-based investment concern, KBW Investments, founded and Chaired by HRH Prince Khaled bin Alwaleed bin Talal, today announced the formation of a partnership with French technology manufacturer, Ascorel Group. The agreement, signed by Ahmed Alkhoshaibi, Group CEO, KBW Investments, and Francis-Pierre Lemahieu, President of Ascorel Group, entails the creation and launch of Ascorel Middle East, centered on servicing the markets …

Read More »

Three-quarters of respondents in the Middle East research companies online before accepting a job offer

.

The latest poll from Bayt.com, done in partnership with Naseba, reveals that 85% of respondents believe that a company’s engagement with job seekers on social platform is positive for employer branding Beirut, Lebanon – The success of any business largely depends on the quality of the employees it attracts and retains. According to the recent Bayt.com “Trends in Employer Branding …

Read More »

DEWA is strategic partner of the Rashid bin Mohammed Ramadan Forum

Mohammed bin Rashid Al Maktoum

Dubai Electricity and Water Authority (DEWA) is supporting the Rashid bin Mohammed Ramadan Forum as its strategic partner, under the patronage of HH Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Chairman of the Mohammed bin Rashid Al Maktoum Foundation (MBRF). The forum was organised by the Department of Islamic Affairs and Charitable Activities (IACAD), and will be held throughout …

Read More »

KOOOT.com, an online shopping platform with a global stretch and a social edge, enables women in the Middle East

koot

The recently launched online shopping platform KOOOT.com is the first online shopping website in the region with the primary aim of enabling Arab women to develop themselves professionally and become financially self-reliant. The website provides talented women entrepreneurs with a platform to market and distribute their products. At the same time, it offers shoppers access to global brands that have …

Read More »

Expo 2020 Dubai and DP World partner to position the UAE at the heart of future global trade

Dubai Expo 2020

Partnership with global trade enabler DP World to help Expo 2020 promote a future of Mobility, Opportunity and Sustainability. Dubai, UAE – Expo 2020 Dubai today announced DP World as its Premier Global Trade Partner. The company, which is a leading enabler of global marine and inland trade, owns and operates 77 terminals globally including the Port of Jebel Ali, …

Read More »

MIDEAST STOCKS-Gulf wilts in early trade as Brexit risk saps sentiment

An investor monitors a screen displaying stock information at the Saudi Stock Exchange (Tadawul) in Riyadh, Saudi Arabia January 18, 2016. REUTERS/Faisal Al Nasser - RTX22VC2
Reuters/Faisal Al Nasser - RTX22VC2

Stock markets in the Gulf edged down in early trade on Thursday after international bourses and oil markets slipped, partly because of fears that Britain might leave the European Union in next week’s referendum. Local day traders sold speculative Saudi Arabian shares. The insurance sector dropped 0.8 percent and was the main drag on Riyadh’s index , which had edged …

Read More »