October, 2016

• 5 October

  Entrepreneurship & innovation key to biz growth

  

    Dubai / Emirates Business Describing SMEs as the backbone of Dubai’s economy that are in turn furthering entrepreneurship and innovation — the key pillars of the Dubai Chamber of Commerce & Industry’s (Dubai Chamber) strategy to support and enhance the competitiveness of local businesses — Essa Al Zaabi, Senior Vice-President, Institutional Support Sector, and General Coordinator of Tejar Dubai, ...

  Read More »
• 5 October

  du launches Next-Gen cybersecurity services to support digital transformation

  

    Dubai / Emirates Business du has launched next-generation Cyber Security services encompassing Security Monitoring and Analytics as well as Firewall Management Services to protect businesses across the UAE from cybercrime. The du Enterprise Security Operations Centre (SOC) uses some of the most innovative and advanced cyber security platforms hosted in the UAE that have been built to adapt, learn ...

  Read More »
• 5 October

  Mashreq Cardholders get to ‘buy to fly’ for a month

    Dubai / Emirates Business Mashreq, the UAE’s leading financial institution, announced a month long Buy to Fly promotion to rewards its cardholders the month of October a memorable one for all debit and credit card members. Understanding that travel is always top-of-mind for UAE consumers, this year, Mashreq has offered its cardholders an opportunity to fly for free anytime, ...

  Read More »
• 5 October

  Constance Belle Mare Plage gets a new look

  

    Emirates Business Constance Belle Mare Plage reopens with newly designed suites and villas in a bold and chic style, amid a lively and cosy atmosphere. The resort has undergone in a makeover during the last few months while being careful to retain all of the special elements that have made it a success through the years. This hugely popular ...

  Read More »
• 5 October

  SUSE to showcase advanced solutions at GITEX 2016

    Dubai / Emirates Business SUSE®, a pioneer in Enterprise open source software, has announced their participation at GITEX Technology Week 2016, where they will showcase their four main product offerings for the Software Defined Data Center (SDDC) and Zero Downtime Environments – mission critical Enterprise Linux, private cloud, storage and Linux management. Commenting on their participation at GITEX 2016, ...

  Read More »
• 5 October

  BP buys first Iranian oil since sanctions eased

  

  Bloomberg Iran’s state-owned oil company sold condensate to BP Plc for the first time since sanctions were lifted in January, marking the country’s re-emergence as one of the world’s top suppliers of crude oil and natural gas liquids. National Iranian Oil Co. will supply South Pars condensate to BP for loading between September and October, said an NIOC official, asking ...

  Read More »
• 5 October

  Qatar Airways, Boeing to hold news conference tomorrow

  

    DOHA / Reuters Gulf carrier Qatar Airways and Boeing will hold a news conference on Friday, a spokeswoman for Qatar Airways told Reuters on Wednesday, as a big sale of Boeing widebody jetliners looked close to being clinched. Qatar Airways is in the process of firming up the order, which was delayed by the Qatari government in an effort ...

  Read More »
• 5 October

  Aramco cuts pricing for sales to Asia

  

    Bloomberg Saudi Arabia, the world’s largest crude exporter, cut pricing for November oil sales to Asia and Northwest Europe and for most grades to other regions amid a global supply glut. State-owned Saudi Arabian Oil Co., known as Saudi Aramco, lowered its official pricing for Arab Light crude to Asia by 25 cents a barrel to 45 cents less ...

  Read More »
• 5 October

  Egyptian Beltone Financial buys 60% of Auerbach Grayson

    CAIRO / Reuters Beltone Financial, Egypt’s largest asset manager, said on Tuesday it had acquired 60 percent of New York-based brokerage firm Auerbach Grayson & Company. Beltone has 30 billion Egyptian pounds ($3.38 billion) in assets under management and has executed over 100 billion pounds in M&A and capital markets transactions. It was acquired by billionaire businessman Naguib Sawiris’s ...

  Read More »
• 5 October

  Yemen central bank crisis raises new famine fears

  

    Reuters Intensive care wards in Yemen’s hospitals are filled with emaciated children hooked up to monitors and drips – victims of food shortages that could get even worse due to a reorganisation of the central bank that is worrying importers. With food ships finding it hard to get into Yemen’s ports due to a virtual blockade by the Saudi-led ...

  Read More »