Business & Money | Tuesday 24 May, 2016 6:38 am

Siemens increases its “In-Kingdom Total Value Add”

In line with Saudi Vision 2030 and Saudi Aramco’s in-Kingdom Total Value Add (iktva) program, Siemens delivered its first gas turbine built in Saudi Arabia. The gas turbine, which will be installed at Saudi Aramco’s new power plant as part of the Jazan refinery project, was produced at...

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Business & Money | Tuesday 24 May, 2016 6:28 am

Dubai’s trade for hardware and tools valued at AED5.74 billion in 2015 – Dubai Customs

Dubai’s trade for hardware and tools was valued at AED5.74 billion in 2015 according to figures released today by Dubai Customs, as the Middle East’s dedicated exhibition for hardware, tools, and machinery gets underway.   According to Dubai Customs, the Emirate imported...

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Business & Money | Tuesday 24 May, 2016 6:08 am

Saudia Catering unveils new unit in Madinah

Saudi Airlines Catering (Saudia Catering) inaugurated last Wednesday its latest state of the art unit at Prince Mohammed bin Abdulaziz International Airport in Madinah. The latest model and most advanced modern unit complements the company’s chain of production units operating in Jeddah,...

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Business & Money | Tuesday 24 May, 2016 4:49 am

Council of Saudi Chambers’ Sairec 4 forum successful with Rafal’s strong support

The National Real Estate Committee at the Council of Saudi Chambers successfully concluded Sairec 4, the prominent real estate conference that was held recently under the patronage of the Minister of Housing Majed Al Hogail at Burj Rafal Hotel Kempinski, Riyadh. The conference was conducted...

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Business & Money | Tuesday 24 May, 2016 4:25 am

GE unveils $1.4 billion deals with Saudi Arabia

General Electric Co. (GE) said Monday it made a series of deals with Saudi Arabia worth over $1.4 billion as part of the kingdom’s ambitious plan to wean itself off crude oil. GE said $1 billion worth of projects would be implemented with the Saudi Arabian Industrial Investments Co., which ...

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Business & Money | Tuesday 24 May, 2016 1:32 am

FedEx Express Showcases New Solutions for the Healthcare Industry

FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX), and the world’s largest express transportation company, has introduced two new healthcare solutions in the Middle East which improve the way temperature-sensitive shipments are handled.  These temperature-controlled packaging...

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Business & Money | Monday 23 May, 2016 4:07 pm

Ashridge research highlights aspirations of Gen Y employees in Saudi Arabia

Generation Y holds a significant importance for Saudi Arabia with its high demographic of young population and strategic focus on localization. Ashridge’s research on Gen Y in Saudi Arabia, provides input for business managers on how to create greater levels of engagement among Gen Y...

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Business & Money | Monday 23 May, 2016 3:28 pm

(BAPCO) SIGNS STRATEGIC JOINT VENTURE AGREEMENT WITH GREENERGY TO ESTABLISH REGIONAL GASOLINE BLENDING HUB

Bahrain Petroleum Company (Bapco), an operating company wholly owned by nogaholding, has announced today that it has formed a strategic joint venture with Greenergy, a large-scale blender of gasoline in the United Kingdom, to establish Bahrain Gasoline Blending (BGB).    The joint...

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Business & Money | Monday 23 May, 2016 2:51 pm

Social Media Influencers in KSA Get Access to McDonald’s Chicken Suppliers in Kuala Lumpur

For the first time ever, McDonald’s in the GCC invited 6 social media influencers to Kuala Lumpur, Malaysia to visit their chicken suppliers. McDonald’s in the GCC shared Halal and processing practices with an engaged group from the Kingdom of Saudi Arabia, UAE, Kuwait, Bahrain and...

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Business & Money | Monday 23 May, 2016 11:04 am

HEMPEL Holds Workshop to Introduce its New Range of Paints Makhmaleyat

 As part of its ongoing mission to improve the performances of applicators in the paint industry, HEMPEL Paints, a trusted provider in decorative, protective, marine, container and yacht markets and a world leader in the coating industry held a series of workshops to introduce Makhmaleyat, a...

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