Sunday, December 16, 2018

Porsche CEO Confirms Plan for $6.8 Billion Profit Boost by 2025

Porsche AG is planning to boost its profits by 6 billion euros ($6.8 billion) by 2025 as it reduces costs and focuses on digital...
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Saudi Arabia Said to Review Expat Fees as Economy Feels Sting

Saudi Arabia is reviewing its policy of imposing fees on expatriate workers after rising costs inflicted economic pain and contributed to an exodus of...
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Dubai’s Floating Carrefour Supermarkets to Serve Boats, Yachts

Dubai’s retail explosion is extending out to sea. Majid Al Futtaim Holding LLC, the Middle East operator of Carrefour SA stores, has created sail-through supermarkets...
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Gamer Changer: Jan-Willem Sudmann

As head of Mashreq Bank’s international banking group, Jan-Willem Sudmann thrives on implementing change. Jan-Willem Sudmann, a German banker who joined Dubai-based Mashreq Bank in...
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Ithraa & Credit Oman Ink Cooperation Deal to Enhance Exports

The Public Authority for Investment Promotion and Export Development 'Ithraa' and the Export Credit Guarantee Agency (Credit Oman) signed a program for joint cooperation...
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Qatar’s Emir Won’t Join Gulf Summit in Riyadh: Turkey’s AA

The Qatari Emir, Tamim Bin Hamad Al Thani, will not attend the Gulf Cooperation Council Summit to be held in Riyadh on Sunday, Turkey’s...
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Interview: Omar Danial, Founder, SISD

Swiss International Scientific School opened in 2015 and now has 1,200 students. That’s a big operation. You didn’t have experience in the education sector...
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UAE and India has signed a currency swap agreement

India and the United Arab Emirates on Tuesday signed a currency swap agreement in a further sign of advancing strategic cooperation between the two...
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HyperloopTT Signs Deal to Build a 328-Foot Test Track in Germany

Hyperloop Transportation Technologies Inc., one of at least four Los Angeles startups competing to build a high-speed transport concept envisioned by Elon Musk, said...
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Luxury Residential Project in Bahrain by Roberto Cavalli

Bin Faqeeh Real Estate Investment Company has signed a partnership agreement with Italian luxury fashion house Roberto Cavalli. Bin Faqeeh Real Estate Investment Company has partnered with luxury Italian...
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