12 Rabi' I 1445 - 27 September 2023
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Eye of Riyadh

Business & Money | Saturday 2 May, 2015 12:33 pm
Supporting its role as a hub for international investments and facilitating local production of the Kingdom’s food needs, the Mamee TGU Factory Co. (MAMEE TGU), which is a joint venture between Mamee-Double Decker (M) Sendirian Berhad (MAMEE) and Top Golden Universe (TGU), has laid the foundation ...
Saudi Aramco to be restructured
Business & Money | Saturday 2 May, 2015 12:20 pm
The Kingdom has approved the restructuring of Saudi Aramco, a move that will see it separated from the Petroleum Ministry.The Kingdom’s Supreme Economic Council approved the restructuring plan that had been proposed by Deputy Crown Prince Mohammed bin Salman, second deputy prime minister and...
Mobily Delivers the First BMW Car as Part of the “Valuable Prizes” Campaign
Technology & IT | Saturday 2 May, 2015 12:12 pm
Etihad Etisalat “Mobily” has delivered the first BMW car as part of the “Valuable Prizes” campaign that was recently launched. The campaign aims to reward all customers who visit the company's outlets around the Kingdom with distinctive package of valuable gifts. This campaign allows all...
Merger of royal courts ordered
Government | Saturday 2 May, 2015 10:29 am
Custodian of the Two Holy Mosques King Salman has issued a royal order, joining the Crown Prince’s Court with the Royal Court, according to the SPA.It said the order was made after a proposal made by Crown Prince Mohammed bin Naif, who is also deputy prime minister and interior minister, to merge ...
DMS appointed Exclusive Ad Sales Representatives for Mawdoo3.com –
Business & Money | Saturday 2 May, 2015 2:13 am
The Arab world’s first comprehensive online Arabic encyclopedia April 29,2015 (ME NewsWire) - The digital arm of Choueiri Group “Digital Media Services (DMS)” recently announced the latest addition to its portfolio of leading regional online offerings, by confirming its appointment as the...
 AUDI AG: Strongest First Quarter of All Time
Cars & Autos | Saturday 2 May, 2015 1:44 am
• Worldwide sales rise by 4.4 percent, with around 177,950 cars sold • Sales chief Luca de Meo: “Successful start to the year with the strongest first quarter of all time” • Middle East region double digit growth of 13% A start of the year made to measure for AUDI AG: With around...
Rixos the Palm reports high occupancy rates
Tourism & Hospitality | Saturday 2 May, 2015 12:59 am
Dubai-based Rixos The Palm achieved 90 % occupancy rates in the first quarter of this year and it expects business to remain strong with an anticipated tourist influx into the emirate, the main business and tourism hub in the region.“We are pursuing our efforts to upgrade and add more facilities...
Business & Money | Friday 1 May, 2015 10:30 pm
KARL LAGERFELD is pleased to announce the opening of its concept store in Doha, Qatar, on December 21, 2014. Located in the Lagoona Mall, it is the brand’s first store in the Middle East and its latest addition to a growing retail network worldwide.The DNA of the KARL LAGERFELD portfolio is...
SR1.6 billion titanium sponge factory on way
Business & Money | Friday 1 May, 2015 11:43 am
The Royal Commission in Yanbu (RCY) has signed a lease for an industrial land to establish a factory for titanium sponge production with an estimated cost of SR1.6 billion.The contract was signed by Alaa bin Abdullah Nassif, CEO of the Royal Commission in Yanbu, with the Advanced Metal Industries...
SAMA ‘will welcome insurance mergers’
Business & Money | Friday 1 May, 2015 11:41 am
Saudi Arabian Monetary Agency (SAMA) would welcome mergers among local insurance companies as long as they were positive for all parties, said Governor Fahad Al-Mubarak.A number of Saudi insurance firms have been loss-making for years because of severe competition in the market, where large...