Business & Money | Friday 3 June, 2016 5:13 pm

SABIC in JV to build another petrochem complex in China

SABIC has signed a Project Development Agreement (PDA) with Shenhua Ningxia Coal Industry Group Co. Ltd. (SNCG), a subsidiary of Shenhua Group Corporation Limited, effective May 30, 2016. The PDA relates to the two parties’ potential joint development of a greenfield petrochemical complex to ...

More Details

Business & Money | Friday 3 June, 2016 4:31 pm

Crown Prince commissions long range boat Jeddah

Crown Prince Muhammad Bin Naif, deputy premier and minister of interior, said the Border Guard’s marine vessels project is one of the projects that will boost the Kingdom’s border security, Saudi Press Agency reported. In a speech during the commissioning of the first long range boat ...

More Details

Business & Money | Friday 3 June, 2016 3:27 pm

CEDA unveils integrated governance regulation for Vision 2030

The Council of Economic and Development Affairs (CEDA) has developed an integrated governance regulation to ensure establishment of a convention of work, raise efficiency, and facilitate coordination of efforts among the relevant authorities with regard to realizing the Kingdom’s Vision 2030. ...

More Details

Business & Money | Friday 3 June, 2016 4:24 am

Tetra Pak Arabia Joins the World in Celebrating World Milk Day

Tetra Pak the world’s leading food processing and packaging solutions company will join the rest of the world in celebrating the 16th World Milk Day. Tetra Pak promotes the consumption of safe packaged milk all over the world. By developing and implementing awareness campaigns publicizing the ...

More Details

Business & Money | Friday 3 June, 2016 3:11 am

MasterCard leads debate on sustainable banking, public-private partnerships at 2016 International Arab Banking Summit

MasterCard, a technology company in the global payments industry, reaffirmed its support for the Arab banking industry’s journey towards digital transformation and sustainable banking practices with its sponsorship of the “Arab Banker of the Year 2016” Award, which was held...

More Details

Business & Money | Thursday 2 June, 2016 4:27 pm

Red Sea Mall General Manager: International Brands Holds 90% of Market Sales

Artin Malatjalian Red Sea Mall General Manager, assured the prominence of Saudi market in reference to retail trade among other competing markets in the region, being the favoured target of international retail brands. He added, international retail brands carry out precise research before...

More Details

Business & Money | Thursday 2 June, 2016 4:06 pm

Motorola Solutions connects Sadara Chemical Company with clear, reliable voice communications

Sadara Chemical Company will deploy an innovative communications system to help its employees in Jubail Industrial City II work more efficiently and safely.   Motorola Solutions (NYSE:MSI) will provide the petrochemical complex with a complete communications network across Sadara’s ...

More Details

Business & Money | Thursday 2 June, 2016 2:02 pm

Broadcast and commercial revenue growth drove cumulative revenues of ‘big five’ European leagues to over $14 billion in 2014/15

The European football market totalled $26 billion in 2014/15, driven by the ‘big five’ European leagues (Bundesliga, La Liga, Ligue 1, Premier League and Serie A), which now account for 54% of the total.    Dan Jones, Partner in the Sports Business Group at Deloitte,...

More Details

Business & Money | Thursday 2 June, 2016 9:12 am

Big Data-driven operations key to the future growth of global maritime industry: Saudi Arabia’s Bahri

Bahri, the National Shipping Company of Saudi Arabia called for industry-wide deployment of Big Data-driven operations to ensure sustainable growth and increased contribution to the development of the maritime industry and its potential impact on global economy. Anwar Siddiqui, Advisor to the CEO...

More Details

Business & Money | Thursday 2 June, 2016 8:09 am

UAE's Manufacturing Sector at the Cusp of a New Era of Growth

Over the last decade, the United Arab Emirates (UAE), a country with a population of over 9 million, has consistently attracted the world's attention. With a host of benefits ranging from excellent infrastructure to top-notch services and access to the world's leading brands, this ...

More Details