Two new Tory Burch boutiques have opened in the Middle East. The first, in Doha, opened April 23 at the Lagoona Mall. It is the first freestanding Tory Burch boutique in Qatar. Much of the Tory Burch collection will be on the shelves there. Read More »
The bank saw a net profit of nearly $289 million over the first half of 2015, which translates to 4 percent rise in net operating income. The profit increase has been driven by more customer deposits and a rise in overall assets to nearly $33 billion. Read More »
Doha Bank increased total assets by just less than 15 percent over the same period last year, with a rise of nearly $3 billion. The bank now holds more than $22 billion. The bank also had a strong first half of the year in terms of customer deposits. Read More »
Deyaar Development, the customer-focused development company out of Dubai, recently reported a consolidated net profit of $23.3 million for the second quarter of 2015, which represents an increase of more than 37 percent over the same period last year. Read More »
The subsidiary of SHUAA Capital is offering business deposit rates of 3.25 percent on the year for three-month deposits valued from $272,000 to $1.4 million. Companies depositing more than $1.4 million can earn up to 4.625 percent for two or more years. Read More »
Bahrain's retail sector is continuing to grow in both the tourism and community mall areas. Information in Bahrain MarketView's second-quarter report showed growth in established and newly completed centers as well as retail, food and beverage offerings. Read More »
BP hired Carillion Alawi to build the operational base and an accommodations complex for its Khazzan gas project in the northeast Omani province of Al Dhahirah. The gas field was discovered in 2000 and is approximately 217 miles southwest of Muscat. Read More »
FERG is made up of representatives from money exchange and remittance businesses, and is engaging with financial institutions and regulators in the UAE and around the globe to facilitate smooth and well-regulated remittance movement internationally. Read More »
In the face of such a globalized population, Philip Forrest, president of The International Customer Service Institute, says the customer experience in the Emirates and the rest of the GCC should respect and support the region’s cultural diversity. Read More »
Using software from Vizor Ltd., the central bank is using a new Returns Management System that automates the complete regulatory return lifecycle. All insurance companies are now required to file their regulatory returns through the new online system. Read More »
The MBA offered by University of Essex Online is an internationally recognized degree that aims to prepare students for successful corporate careers. The online services are delivered by Kaplan Open Learning, which specializes in online education. Read More »
The Emirates NBD Dubai Economy tracker found strong expansion in business activity and growth in June, though at a slower pace than the previous month. Read More »
The edutainment indoor theme park KidzMondo has signed a franchise agreement with Abdul Rahman Saad Al-Rashid and Sons Co. Ltd to establish seven parks in the Kingdom of Saudi Arabia. Read More »
This high-end apartment property is located in the unique and exclusive location of the Crescent (West) in Palm Jumeirah. Read More »
Noor Bank announced on Wednesday that it has been awarded the Domestic Technology and Operations Bank of the Year in the United Arab Emirates (UAE). The award signifies that the bank has been innovative in the delivery of its Global Transactional Services. Read More »
Azaibah Villa Available for $649,519 A five bedroom, six bathroom villa is available in Azaibah is now available for $649,519. Read More »
Twelve officers and employees of the Human Resources Directorate General were honored by the Abu Dhabi Police with Employment Excellence Medals. The recipients were lauded by Brigadier Gen. Obaid Salem Al Ketbi, director general of human resources. Read More »
Chesterton International has just listed a 680-square-foot apartment in the Al Khaleej Village area of Al Ghadeer, and it can be yours for just $190,576.The one-bedroom, two-bathroom apartment features central air conditioning and a private garden. Read More »
Mall receives Ahlan! Award, an annual celebration of the country's famous people and high-end businesses from restaurants and hotels to spas and malls. Residents of the United Arab Emirates cast more than 91,000 votes to choose the award winners. Read More »
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