Wednesday 22 November 2017
 
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UAE national to hold top maritime post

UAE national Saeed Al Malik has been elected as the new chairman of the International Shipsuppliers & Services Association (ISSA), Dubai Maritime City Authority (DMCA) has announced. DMCA said the election is a major Emarati a

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Tough economic conditions raise demand for PG courses

One in four Middle East professionals plan to take a postgraduate degree in the next two years, a trend that has accelerated due to the slowdown in the job market following the collapse in oil prices. Many professionals are driven by a

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Saudi plans $2 trillion fund for post-oil era

Saudi Arabia plans to set up a $2 trillion megafund for post-oil era, Bloomberg reported, citing Saudi deputy crown prince Mohammed bin Salman.   "Deputy Crown Prince Mohammed bin Salman laid out his vision

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LMC posts $3.5m net profit

Liquidity Management Centre (LMC) has posted a net profit of $3.56 million for last year as against $4.22 million for 2014, it was announced in a report in the Gulf Daily News (GDN), our sister publication.  

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National Finance House to distribute 7pc cash dividend

National Finance House (NFH), a Bahraini incorporated finance provider, is set to distribute a cash dividend of seven per cent of the paid-up share capital, amounting to BD525,000 ($1.3 million), said a report in the Gulf Daily News (GDN)

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Job opportunities posted online in UAE leap 45pc

The number of job opportunities posted online in the UAE rose 45 per cent over the year to January, making the UAE the best performing market in the region, according to the Monster Employment Index (MEI).   The

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Aviation giants tread carefully for post-sanctions Iran

Freed from nuclear-related sanctions, Iran has signalled its appetite to buy more than 100 Western planes, a prospect that would usually have the giants of the $130 billion-a-year jet industry scrambling for a piece of the action.

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Alibaba to buy Hong Kong’s South China Morning Post

Chinese e-commerce giant Alibaba Group Holding has agreed to buy the Hong Kong's flagship English-language newspaper, the South China Morning Post, the company and SCMP Group announced on Friday.   The agreem

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Liquidity Management Centre posts net gains of $3.2m

Liquidity Management Centre (LMC) has announced a net profit of $3.2 million in the first nine months of this year compared to $3.37 million for the same period last year. The net profit resulted in a return on capital equivalent to 7.6 per ce

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Sico posts $6m net profit, down 66pc

Securities and Investment Company (Sico), licensed by the Central Bank of Bahrain as a conventional wholesale bank, has posted a net profit of BD2.3 million ($6 million) for the nine month ending September 30, compared to BD6.8 million during

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