Monday , 15 October 2018

Tag Archives: Gulf

Investment outlook: Gulf’s fixed income market likely to match last year’s highs

Despite higher oil prices, benign funding environment means strong levels of bond issuance are likely to continue. Gulf sukuk and bond issuance could set another annual record this year as government institutions again turn to debt to help meet budget shortfalls, although elevated geopolitical risk and imminent interest rate rises will make borrowing more expensive. Emirates NBD, Dubai’s largest bank, …

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Gulf’s rapid social changes ‘pose a challenge for education planners

By Nada Hameed, Arab News JEDDAH: Universities and higher education policymakers have been challenged to keep pace with the region’s accelerating social and economic changes by speakers at the 7th Gulf education conference. More than 200 senior education figures, including representatives from global universities as well as diplomats and advisers, took part in the two-day conference, which was held at …

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VAT introduction in Gulf by 2018 to significantly impact operations- Deloitte

Deloitte holds annual seminar in Saudi Arabia on income tax and zakat updates. Deloitte recently hosted business leaders in its annual seminar on global and Saudi Arabian tax and zakat updates impacting businesses in Saudi Arabian. The seminar ran in Riyadh Jeddah and Al-Khobar, and aimed at sharing and discussing in depth the tax landscape shaping the current and future …

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“Gulf Islamic Investments” raises US.$145 million for Silicon Valley Technology Company “Apttus”

Gulf Islamic Investments LLC (‘GII’), a UAE based Islamic financial services company, today announced the successful closing of US.$145 million fund raising for “Apttus”, a Silicon valley based company delivering Enterprise Class, Software-as-a-Service (Saas) Solutions to complete the Quote-to-Cash customer process and the Procure-to-Pay supplier process. This is the fourth company out of Silicon Valley for which GII has raised …

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AAT posts higher enrollees in Accounting Qualifications in 2016 to prepare for upcoming VAT imposition in Gulf

UAE – In the wake of the impending imposition of value-added tax (VAT) in the GCC, the Association of Accounting Technicians (AAT), a globally recognized player in the accounting and finance sector, has announced an uptake in the number of students taking its Accounting Qualifications in the region. Providing training for a huge range of accounting and finance roles, the …

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

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 …

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Gulf Software Distribution and NetSuite sign strategic agreement to drive cloud ERP in Middle East

New Subsidiary of Gulf Business Machines, the Region’s Largest IT Solutions Provider, Launches NetSuite Practice to Meet Growing Demand for Cloud ERP NetSuite Inc. (NYSE: N), the industry’s leading provider of cloud-based financials / ERP and omnichannel commerce software suites, today announced that Gulf Software Distribution (GSD) has joined the NetSuite Solution Provider Partner Program as a strategic partner. GSD …

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LINK Development Partners with Microsoft Gulf for The CityNext Initiative in the UAE

LINK Development, a leading technology solution provider across the Middle-East and a subsidiary of OTVentures, has partnered with Microsoft Gulf for its CityNext Initiative in the UAE. Showcasing the latest solutions and technologies for government entities in Ras Al Khaimah and Fujairah attended by Eng. Sheikh Mohammed bin Hamad bin Saif Al Sharqi, Director of Fujairah e-Government. Following the launch …

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UAE Winners of the concluding British Council Young Creative Entrepreneurship Award prove that great Architecture and Design in the Gulf is about more than just skyscrapers!

The final award winner of the yearlong British Council Young Creative Entrepreneurship Award series has been announced as Meitha Al Mazrooei, founder and editor of WTD Magazine, an architecture and design publication based in Dubai. Meitha presented her business pitch to three industry expert judges at the A4 Space in Alserkal Avenue and was unanimously chosen as the most deserving …

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Sheikh Khalifa Medical City Reaches New Frontiers of Technology with Inauguration of Gulf’s First ‘Smart’ IV Room

SKMC is a pioneer of state-of-the-art Services to Patients – Deputy CEO Abu Dhabi, United Arab Emirates: Sheikh Khalifa Medical City (SKMC) has reached new frontiers of technology, with its implementation of an open architecture smart cleanroom (IV room) with USP <797> and CETA compliant certification, to provide state of the art and quality services with enhanced safety for the …

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