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Tag Archives: Companies

Don’t hike fees due to VAT, UAE banks told

Central bank tells financial companies that they will absorb applicable VAT until further instructions UAE – The Central Bank of the UAE has asked local banks not to increase the existing fees for customers due to the upcoming value added tax (VAT). “Banks and finance companies will not be permitted to exceed the fees structure for individual customers because of …

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GCC tech companies close gender gap to unlock $100trillion in global GDP

Ann Gallo, chief communications officer of Hitachi Vantara, recently spoke at The Marketing Society UAE’s Leadership Breakfast, sharing her insights as the GCC technology companies work to close the gender gap and increase corporate competitiveness to unlock nearly $100 trillion in global GDP by 2025. Women in the GCC represent only two per cent of board positions and 13 per …

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Saudi Aramco gets approval to set up companies for energy industrial city

Saudi Aramco received the approval of the Saudi government to set up two new companies that will develop and operate a new Energy Industrial City in Saudi Arabia, as the kingdom seeks to expand its industrial base, state news agency SPA reported on Monday. The city will be developed over 50-square km of land in the oil producing region, SPA …

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Low emissions targets and new cleaner technology are priority for GCC infrastructure companies

Expert to speak at Middle East Concrete and PMV Live 2016 about emerging trends and the impact on heavy machinery industry. Infrastructure companies in the Middle East will have to embrace new technologies in order to make their contribution to a cleaner environment and meet low emissions targets, according to leading industry expert Prasad Mane of Frost & Sullivan. Prasad, …

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Gulftainer marks major technology milestone as one of the UAE’s first companies to go live with SAP S/4HANA

Successful implementation of SAP Enterprise Resource Planning (ERP) system set to enhance Gulftainer’soperational excellence, human resource potential, and overall financial performance. Sharjah, UAE – Gulftainer, the world’s largest privately-owned, independent port operator based in the UAE, has announced the successful implementation of SAP’s new-generation S/4HANA business suite, marking a major step in the company’s information technology transformation strategy. With the …

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Over 8,000 new companies joined Dubai Chamber in H1 2016

Saudi Arabia top destination for Chamber members’ exports and re-exports in the region 138 billion dirhams was the total exports and re-exports between January and June 2016 478,000 Certificates of Origin issued with a 2% growth, compared to H1 2015 125 ATA Carnets issued and 308 delegations from 67 countries received 202 meetings held by the Chamber’s international offices with …

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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 …

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Companies failing to leverage technology to combat fraud, despite it being a significant enabler for fraudulent activity

KPMG international report. Global Profiles of a Fraudster also reveals majority of fraud continues to be due to weak internal controls. According to a new report by KPMG International, technology was found to be a significant enabler for a quarter (24 percent) of the 750 fraudsters investigated by forensic specialists across 78 countries. By contrast, the Global Profiles of the …

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Arab Health : the preferred trade show for French companies

130 French companies will be taking part in Arab Health-Medlab, from January 25-28, 2016. With 1,440 m2 in exhibition space across 2 halls, 1 entirely dedicated to laboratory equipment and diagnostics, and expanding every year, the international trade show for medical systems offers a prime venue from them to show off their know-how. Business France – the National Agency for …

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Over 200 companies to participate in Infra Oman

Infra Oman 2015, the 5th edition of Oman’s International trade event for infrastructure & industrial projects will be held from 5-7 October 2015. It is organized by Al Nimr Expo and supported by the Ministry of Transport and Communications, Ministry of Regional Municipalities & Water Resources and the Muscat Municipality.His Excellency Dr. Rasheed Al Safi Khamis Al Huraibi – Chairman …

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