Business & Money | Thursday 31 May, 2018 2:47 pm

Rayan Qutub: Container Handling Up 45% at King Abdullah Port

Mr. Rayan Qutub, CEO of King Abdullah Port, has announced that the port has achieved new heights in container handling this year, already showing a 45% increase during the first four months of 2018 compared to the same period in 2017. Qutub confirmed that the substantial increase will play an...

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Business & Money | Thursday 31 May, 2018 2:15 pm

SADAFCO delivers healthy results despite challenging market conditions

Despite the decline in consumer spending and aggressive price strategies of competition, Saudia Dairy and Foodstuff Company (SADAFCO) announced a net profit of SAR 260 million during the twelve-month period ending on 31 March 2018.    Strong working capital ratios and a...

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Business & Money | Thursday 31 May, 2018 11:00 am

Kanoo Shipping Acquires Wallem South Africa

Kanoo Shipping, one of the largest regional shipping agencies in the Middle Eastannounced an agreement to acquire Wallem South Africa, a provider of integrated maritime solutions in the cities of Durban and Cape Town. Wallem South Africa, now Kanoo Africa PTY LTD, was part of The...

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Business & Money | Thursday 31 May, 2018 6:25 am

Hager Middle East Reinforces Solution-Driven Approach to Support New Global Vision at Flagship Customer Event

In line with its commitment to address the evolving electrical needs of residential & commercial sectors, Hager Middle East, a leading innovation-focused electrical distribution and building automation solutions provider, announced its new solution-driven approach to service customers in...

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Business & Money | Thursday 31 May, 2018 4:08 am

Fujairah Aviation Academy signed an agreement with FlyDubai

Fujairah Aviation Academy and Fly Dubai signed an agreement to evaluate their pilots in English Aviation.   As the Academy is approved by General Civil Aviation Authority (GCAA) to conduct English Language Proficiency Test for Pilots and Air Traffic Controllers.   Fujairah...

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Business & Money | Thursday 31 May, 2018 2:32 am

Foundation work set at DAMAC’s AYKON City multi-tower master development

DAMAC Properties has confirmed the completion of the raft foundation work for tower B at AYKON City, its multi-tower master development. The setting of the major foundation saw over 200,000 cubic feet of concrete poured within a 24-hour period, the same amount required to fill 75 swimming...

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Business & Money | Wednesday 30 May, 2018 5:53 pm

National Commercial Bank announces the appointment of Chief Executive Officer (CEO)

National Commercial Bank announces that the Board of Directors in its meeting on Tuesday 14/09/1439 (as per Um Al Qura calendar) approved to appoint Mr. Faisal Omar Alsakkaf as Chief Executive Officer of the bank starting from Friday 17/09/1439 (as per Um Al Qura calendar) corresponding to...

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Business & Money | Wednesday 30 May, 2018 4:22 pm

Taajeer Group presents a car to King Faisal Specialist Hospital

Within its comprehensive marketing campaign, Taajeer Group, the exclusive dealer for (MG) cars in Saudi Arabia, and owner of "Motor Souq" center, sponsored the “Social Club Day” at King Faisal Specialist Hospital in Jeddah, as part of the sponsorship, Taajeer Group organized a ...

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Business & Money | Wednesday 30 May, 2018 3:25 am

Pacific Controls announces strategic partnership with Qube®; launches the region’s first Network-as-a-Service model

Pacific Controls, a global provider of end-to-end ICT enabled Managed Services and IOT based converged engineering solutions for buildings and infrastructure projects, has announced a strategic partnership with Chicago-based Qube® to deliver a completely revolutionary approach to technology...

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Business & Money | Tuesday 29 May, 2018 6:17 pm

LogiPoint Honors its Partners of Success in its Annual Iftar

LogiPoint, a subsidiary of publicly listed Saudi Industrial Services Co (SISCO), was honored to host a number of government and private entities that have contributed to its continued success over the past two decades. The event also commemorated the long-term partnerships LogiPoint has established ...

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