Business
Mimecast Unveils Second-Annual State of Email Security Report
Mimecast Limited (NASDAQ: MIME), a leading email and data security company, today announced it has released its second-annual State of Email Security report. The report identifies the latest email-borne threats facing organizations of all sizes and industries globally. Cyberattacks are on the rise. In fact, more than 50%...
Khalifa Fund calls for entries for second edition of Pitch@Palace competition
In line with its mission of encouraging innovation among the youth and promoting SMEs, Khalifa Fund for Enterprise Development invites creative entrepreneurs to participate in the second edition of ‘Pitch@PalaceUAE’ and the first edition of ‘Pitch@PalaceGCC, a competition being held under the patronage of H.H. Sheikh...
Kuwait Investment Forum 2018 boosts global investor confidence in the nation’s investment climate
The second edition of the Kuwait Investment Forum (KIF 2018), held under the patronage and presence of His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah in March this year, has contributed to a spurt in global investor confidence in the nation’s economy stemming from a serious commitment to advancing...
RENAULT-NISSAN-MITSUBISHI ACHIEVES RECORD FIRST-HALF SALES OF 5.54 MILLION UNITS
Renault-Nissan-Mitsubishi, the world’s largest automotive alliance, today announced that unit sales at its member companies rose 5.1 percent to a new record of 5,538,530 vehicles in the six months to June 30. The three Alliance member companies saw increased demand in product segments including crossovers, sports utility...
Huawei Surpasses Apple to Grab Number Two Spot Globally.
Huawei Consumer Business Group (CBG), the global smartphone giant, overtook Apple in second quarter of 2018 to become number two smartphone vendor globally for the first time. According to International Data Corporation (IDC) Worldwide, Huawei earned 15.8 per cent market ahead of Apple at 12.1 per cent. The entry of Huawei in...
IFP Group welcomes its new Chief Operating Officer Mr. Tony Ghattas
IFP Group (International Fairs and Promotions), a pioneering trade fair and event organizer in the Middle East, is pleased to welcome onboard its new Chief Operating Officer, Mr. Tony Ghattas. Mr. Ghattas has taken on his role at IFP Group’s headquarters in Lebanon to manage operations of the company in the Levant region, and...
BBAC Holds its Annual Staff Gathering
BBAC (Bank of Beirut and the Arab Countries) held its annual gathering in honor of its staff at the Hilton Beirut Habtoor Grand Hotel, in presence of the bank’s Chairman and General Manager Sheikh Ghassan Assaf, and members of the Board of Directors, as well as more than 900 of the bank’s employees. Hosting the gathering...
All Lufthansa Group airlines achieve substantial growth in the first half of 2018
Lufthansa Group increased its total first half-year revenues by 5.2 percent in 2018, excluding the impact of the first-time application of the IFRS 15 accounting standard. Reported total first half-year revenues amounted to EUR 16.9 billion, broadly in line with the prior-year level. Traffic revenue for the first six months...
Press Release Issued by Bank Audi sal
Following the release issued by the Iraqi authorities on the arrest of the organised network whose recent defamation targeted the Lebanese banking sector through Bank Audi, the Bank would like to extend its warm thanks to all concerned authorities whose intensive efforts and timely action led to the application of the law...
VAT refund for tourist to open doors for growth
The United Arab Emirates is the most preferred tourist destination in the Middle East and to continue its positive momentum, tourists visiting the country will be entitled to claim back any Value Added Tax (VAT) payments they are charged. “The UAE has become a regional magnet for foreign investors and tourists, and the move...
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