Business

Arab Bank Group reports net profits of $533 million for 2017 30% cash dividends
January 29, 2018

Arab Bank Group reports net profits of $533 million for 2017 30% cash dividends

Arab Bank Group closed 2017 with solid results, reporting a growth in net operating income of 8% as compared to prior year. Excluding the effect of foreign currency devaluations, net operating income achieved double digit growth of 12%. Net income after tax is at $533 million as compared to $532.7 million in 2016, whilst loans...

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4 weeks ago
IFC and DGGF commit to “EIP Levant Fund”
January 25, 2018

IFC and DGGF commit to “EIP Levant Fund”

Emerging Investment Partners (EIP), a private equity fund management company, announced that its “EIP Levant Fund” has received capital commitments from the “International Finance Corporation” (IFC – member of the World Bank Group) and the Dutch Good Growth Fund. EIP, stated that the fund, with a target size of USD...

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4 weeks ago
Successful cooperation between Lufthansa and the airport:
January 23, 2018

Successful cooperation between Lufthansa and the airport:

Five-star summit: It’s a combination seen nowhere else in the European airport universe. Back in 2015, Munich Airport became the first European hub to be granted the prestigious status of “Five-Star Airport” by the London-based Skytrax Institute. Now Lufthansa has followed as Europe’s first and – to...

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1 month ago
Sharaf DG and Tally join hands to make VAT ready software easily accessible for businesses
January 21, 2018

Sharaf DG and Tally join hands to make VAT ready software easily accessible for businesses

Tally Solutions, a leading international accounting and compliance software provider has partnered with electronics retail giant Sharaf DG, in the UAE to make its Value Added Tax (VAT) software – Tally.ERP 9 easily available to the business community.    As part of the agreement, Sharaf DG...

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1 month ago
Enjoy a unique experience at the new generation Clarins Boutique !
January 21, 2018

Enjoy a unique experience at the new generation Clarins Boutique !

After Hong Kong and Philadelphia, a new and different boutique concept by Clarins is now opening in Dubai Mall and Mirdif City Centre. Enjoy a genuine shopping experience and immerse yourself in a world of well-being in the quiet, tranquil atmosphere decorated in red, white and natural wood. Enter and be immediately soothed by...

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1 month ago
Airbus throws spotlight on Tactilon Dabat to develop apps for local security agencies
January 21, 2018

Airbus throws spotlight on Tactilon Dabat to develop apps for local security agencies

Airbus will throw the spotlight on the Tactilon Dabat, the world’s first integrated smartphone and full TETRA radio–all rolled into one, during their first time participation at the 20th edition of Intersec, the world’s leading trade fair for Security, Safety and Fire Protection, which opens today, January 21, and...

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1 month ago
HORECA LEBANON CELEBRATES 25 YEARS OF SUCCESS
January 17, 2018

HORECA LEBANON CELEBRATES 25 YEARS OF SUCCESS

Under the patronage of His Excellency the minister of tourism Avedis Guidanian, HORECA Lebanon, the country’s premier B2B hospitality and foodservice event, returns to Beirut’s Seaside Arena (formerly known as BIEL) for its 25th edition from 20-23 March 2018. As the key meeting place for trade professionals from across the...

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1 month ago
adidas anchors its presence in the new iconic ABC Verdun
January 12, 2018

adidas anchors its presence in the new iconic ABC Verdun

When it comes to shaping unique experiences, adidas does not miss a chance to impress. Further anchoring its presence in Lebanon’s sports retail industry through a strategic expansion, the leading brand celebrated the opening of its latest branch in the iconic ABC Verdun in the most festive ways. Held on December 29 & 30...

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1 month ago
Yokohama Celebrates 100 years of togetherness in the Lebanese market
January 11, 2018

Yokohama Celebrates 100 years of togetherness in the Lebanese market

2017 marked the 100th anniversary of Yokohama, a leading tire brand in the Lebanese market. To commemorate this occasion, Yokohama planned to celebrate their milestone by devoting time to honoring their loyal customers through small gestures of appreciation. Under the supervision of the Lebanese National Lottery, Yokohama...

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1 month ago
LGB BANK in collaboration with MasterCard launches a new promotion
January 10, 2018

LGB BANK in collaboration with MasterCard launches a new promotion

LGB BANK in collaboration with MasterCard Worldwide and AccorHotels, launched its new promotional offer where premium customers will be able to benefit from a free night in the most prestigious hotels in the world upon booking for three nights through a MasterCard issued by LGB BANK. AccorHotels is one of the largest hotel...

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1 month ago
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