Business & Money | Sunday 31 July, 2016 10:48 am

Award Number Seven and Eight for Sidra Capital in 2016

Sidra Capital was awarded the Best Structured Trade Investment Fund (Since Inception) for its Sidra-Ancile Global Structured Trade Fund and Best Asset Management Firm 2016 - Saudi Arabia at this this year’s Wealth & Finance Alternative Fund Awards. These two recognitions make it eight...

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Business & Money | Sunday 31 July, 2016 5:13 am

Dubai Investments Park attracts 100 new companies in the last one year

Dubai Investments Park [DIP] – the largest integrated commercial, industrial and residential community in the Middle East, has announced that 100 new companies have either leased or sub-leased premises within the development in the last one year, reinforcing its growing reputation as the...

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Business & Money | Sunday 31 July, 2016 4:28 am

Saudis who can pay rent to get priority in housing allotment

The Ministry of Housing will give priority to citizens who can pay the rent while allotting residential units, according to a ministry source. The source said the ministry cannot take care of applicants who cannot afford to pay the rent, those who are imprisoned, too ill to maintain their...

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Business & Money | Sunday 31 July, 2016 4:24 am

No luggage cabins in Haramain train

There will be no separate cabins for luggage on Al-Haramain train, but special racks will be allocated for luggage. Sources said the train is for passengers, and not for luggage, and only personal bags can be carried and stowed on the steel racks in each cabin or in the upper drawers of passenger...

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Business & Money | Sunday 31 July, 2016 4:12 am

Aramco to Saudize industries

Saudi Aramco plans to raise the Saudization of industries to 70 percent, according to an integrated plan to develop jobs for young Saudis, along with the full respect to the national product quality.  The vice president of procurement at the company, Nasser Al-Yami, said the company began...

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Business & Money | Saturday 30 July, 2016 4:02 am

HEMPEL’s 2016 Color Trends, a Beautiful World to Explore

2016 is a year of exploration, originality and optimism, a year of the nature’s beauty and the celebration of life. HEMPEL’s 2016 color trends resembles just that. HEMPEL’s color trends brings together the past, present and future in bright colors, which gives a sense of stability ...

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Business & Money | Saturday 30 July, 2016 2:38 am

EPICO opens new office in Abu Dhabi

Emirates Property Investment Company (EPICO), the property and facilities management arm of Al Fahim Group, has announced the opening of its new office in Abu Dhabi. Located in the Mezzanine 1 level of Dalma Plaza, Hamdan Street, Abu Dhabi, the new office aims to cater to the growing demand for...

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Business & Money | Saturday 30 July, 2016 2:32 am

Saudi investors ‘closely watching post-Brexit scenario’

Saudi businessmen and investors are watching post-Brexit developments in Britain and Europe very closely with considerable interest and concern, a business dialogue at the Arab News office in Jeddah was told on Thursday. Welcoming senior diplomats from Britain, France and Italy to the discussion...

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Business & Money | Saturday 30 July, 2016 12:11 am

TVIEW TV Measurement Currency Endorsed to Global Standards by Independent Media Auditor CESP

In response to growing demand for acceptable measurement standards within the regional media and advertising industries, independent media auditor Centre d'étude des supports de publicité (CESP) has audited the national TView People Meter-based Television Audience Measurement...

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Business & Money | Friday 29 July, 2016 7:30 am

SADAFCO’s solar project in Riyadh starts operation

AFTER announcing its investment in a SR2 million solar power project in its Riyadh Regional Distribution Centre (RDC) last October, Saudia Dairy and Foodstuff Company (SADAFCO) has now commenced operations utilizing a photovoltaic (PV)-diesel hybrid system that can deliver up to 40 percent of the...

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