Business & Money | Tuesday 31 May, 2016 4:29 am

SABIC picks winners of its ‘Innovation Award’

SABIC announced the winners of its Innovation Award – a new competition with a prize fund of SR10 million that is fostering innovation in Saudi Arabia – at the official opening of SABIC’s Home of Innovation facility in Riyadh last May 25. The announcement comes at a time when...

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Business & Money | Tuesday 31 May, 2016 4:22 am

Makkah emir tours exhibition on King Faisal

Prince Khaled Al-Faisal, emir of Makkah and advisor to Custodian of the Two Holy Mosques, tours the pavilions of an exhibition on King Faisal after opening it at the Municipal Club in Khalidiyyah district in Makkah on Monday. Prince Turki Al-Faisal, general supervisor of King Faisal Center for...

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Business & Money | Tuesday 31 May, 2016 4:15 am

Marafiq inks SR1.56b loan accord with SIDF

Engineer Abdullah ibn Khalifa Al-Buainain, Chief Executive Officer of Marafiq and Abdulkareem ibn Ibrahim Al-Nafie, Director General of SIDF, inked the agreement on behalf of their respective organizations. The loan will be used to develop and implement a number of on-going Marafiq projects in...

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Business & Money | Monday 30 May, 2016 5:21 pm

DOHA BANK CEO HONOURED WITH “GREEN ECONOMY VISIONARY AWARD” AT UAB SUMMIT

The 2016 Union of Arab Banks (UAB) International Banking Summit was held under the Auspices of the Prime Minister of Italy H.E Mr. Matteo Renzi on May 29- 30, 2016 at Rome Cavalieri Waldorf Astoria Hotel Rome – Italy. Dr. R. Seetharaman, CEO of Doha Bank was honoured with the “Green...

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Business & Money | Monday 30 May, 2016 2:40 pm

Online luxury retailer brings world’s premier luxury brands to KSA

A new online luxury fashion retail retailer, SAAF.com, has launched in the Kingdom bringing a brand new concept to women’s luxury shopping. The first luxury ecommerce site of its kind based in Saudi Arabia, with offices in Riyadh and New York City, SAAF.com’s audience encapsulates the...

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Business & Money | Monday 30 May, 2016 2:27 pm

STME Increases Product and Solutions Offerings with Veritas Technologies

STME, the Middle East’s leading IT solutions provider and systems integrator (SI), headquartered in Dubai, signed a new partnership agreement with Veritas Technologies LLC (which split from Symantec in March 2016), the global leader in information management, to provide clients in the Middle...

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Business & Money | Monday 30 May, 2016 12:59 pm

OMA Emirates To Announce Launch of Multi-Loyalty ‘Benefits Beyond’ Scheme At Cards & Payments Middle East 2016

OMA Emirates, a provider of cutting edge technology for the payment industry is set to announce the launch of its new multi-loyalty scheme ‘Benefits Beyond’ at Cards & Payments Middle East 2016 on May 31 – June 1 at Dubai International Convention and Exhibition Centre. The...

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Business & Money | Monday 30 May, 2016 12:03 pm

“GOLDEN TUNA” to Build its First Saudi Plant at King Abdullah Economic City

King Abdullah Economic City (KAEC) has leased a 35,906 square meter parcel of land in Phase 3 of its Industrial Valley to Golden Tuna, highlighting its continued success in attracting national and foreign investment capital.   The company will use the land to build a tuna production...

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Business & Money | Monday 30 May, 2016 8:57 am

Al Hafidh TV Commercial hits 1 million views in one day

“With precision timing, a very well branded and top quality production of the new Al Hafidh television commercial was launched in Iraq and in time with yet what will prove to be another summer with abnormal heat. The TVC ‘s aim was not only to increase sales of the prestigious and...

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Business & Money | Monday 30 May, 2016 6:10 am

Ajman Free Zone the First Free Zone to Offer Multiple Proactive Services

Continuing with its path breaking initiatives to attract a broad spectrum of investors, Ajman Free Zone (AFZ) is considered to be the first free zone which is disruptive, progressive and proactive in assisting SME's set up their business in a fast and an efficient...

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