Business & Money | Wednesday 9 May, 2018 5:00 am

SACS Boysen Aerospace Group Opens New Regional Headquarters in Abu Dhabi Airports Free Zone

Abu Dhabi Airports Free Zone (ADAFZ) announced the joining of SACS Boysen Aerospace Group, the German aerospace company, to its network of tenants at its Business Park at Abu Dhabi International Airport, marking SACS Boysen’s launch of its first sales and technical support office within the...

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Business & Money | Wednesday 9 May, 2018 4:34 am

Alawwal bank reports Q1 net profit of SAR 286m

Alawwal bank announced its financial results for the first three months of 2018, reporting a net profit of SAR 286 million. Excluding one-off gain on asset sales of SAR 25m in the previous year, net profit was lower by 4.4% year-on-year. The bank’s total capital continued to strengthen,...

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Business & Money | Wednesday 9 May, 2018 3:28 am

Makkah forum takes steps to engage private sector in region’s development

The Makkah Economic Forum (MEF) has lined up a series of highly engaging activities spread across the entire year to involve the private sector as an active partner in the region’s development programs and help realize the objectives of Saudi Vision 2030.  The comprehensive...

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Business & Money | Tuesday 8 May, 2018 4:45 pm

Her Excellency Hessa Buhumaid inaugurates ‘Designs of Hope’ exhibition at Dubai Ladies Club

Dubai Ladies Club has officially launched its fifth and largest annual charity exhibition, Designs of Hope, which will conclude on May 7. The proceeds of the event, which is taking place as a bridal edition this year, will be dedicated to the Al Manal Humanitarian Initiative’s...

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Business & Money | Tuesday 8 May, 2018 3:39 pm

Young Arabs express great hopes for Saudi Crown Prince’s leadership and reforms in a region they see as having drifted off course

In a region they view as having drifted off course over the past decade, young Arabs say action on jobs, education, fighting terrorism and corruption is needed to steer the region in the right direction. Arab youth overwhelmingly support the reforms Saudi Arabia’s Crown Prince Mohammed Bin...

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Business & Money | Tuesday 8 May, 2018 2:11 pm

P&O MARINAS PARTNERS WITH MONACO FOR PROJECTS IN MEDITERRANEAN AND WORLDWIDE

DP World Group subsidiary, P&O Marinas has announced an agreement with Monaco government owned Société Monegasque International Portuaire (SMIP) to work on selected marina projects in the Mediterranean and other locations around the world. A Memorandum of Understanding (MoU)...

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Business & Money | Tuesday 8 May, 2018 2:00 pm

SHUAA Capital and Jabal Omar Development Company sign Memorandum

SHUAA Capital psc. the UAE based integrated financial services Group, and Jabal Omar Development Company (JODC), one of the largest publicly-listed real estate companies in Saudi Arabia today announced the signing of a Memorandum of Understanding (MoU) with an aim to launch and manage real estate...

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Business & Money | Tuesday 8 May, 2018 1:37 pm

Naif Alrajhi Investment expands its activity to include mining

As one of the major multi-disciplinary investment companies with investments in real estate, capital markets, mergers and acquisitions; Naif Alrajhi Investment has always sought opportunities for fruitful expansions. The company’s latest investment explores the mining sector in partnership...

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Business & Money | Tuesday 8 May, 2018 1:35 pm

Pepsi® among the top 100 brands in the Kingdom

Under the patronage of His Royal Highness Prince Khaled Al-Faisal, Adviser to the Custodian of the Two Holy Mosques, Governor of Makkah Al Mukaramah Province, President of the Association for District Centers of Makkah Al-Mukarramah, Pepsi® has been recognized as one of the top 100 brands...

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Business & Money | Tuesday 8 May, 2018 12:55 pm

LinkedIn Goes All-In on Sponsored Video

LinkedIn, the world’s largest professional network announced today two major updates that allow users to use sight, sound and motion to tell more visually compelling stories: video for Sponsored Content and Company Pages.    While video has been proven as a popular tactic for...

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