Business & Money | Sunday 4 February, 2018 11:38 am

Gulf Stevedoring Registers Container Volume of Over 680,000 TEUs at Saudi Arabia’s Jubail Container Terminal in 2017

Gulf Stevedoring (GSCCO), which is part of the Gulftainer group of companies, has recorded a strong performance at the Jubail Container Terminal (JCT) in Saudi Arabia, registering a container volume of over 680,000 twenty-foot equivalent units (TEUs) in 2017.   JCT also recorded its...

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Business & Money | Sunday 4 February, 2018 5:07 am

Saudi Meeting Industry Convention ‘will build business’

 Riyadh will host the Saudi Meeting Industry Convention (SMIC) on Feb. 18 under the patronage of Prince Sultan bin Salman, president of the Saudi Commission for Tourism and National Heritage (SCTH) and head of the supervising committee of the Saudi Exhibition and Convention Bureau...

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Business & Money | Sunday 4 February, 2018 3:05 am

15th Saudi Plastic & Petrochem underlines sector’s challenges

With the drive towards economic diversification, the chemical and petrochemical sector in Saudi Arabia is accelerating the achievement of the objectives of the Saudi vision 2030. The vision which have made manufacturing the core of the its industrial objectives, thus providing new business...

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Business & Money | Sunday 4 February, 2018 2:27 am

MAG Lifestyle Development Signs Contractor Deal Worth AED 300 Million for MAG 230 Project

MAG Lifestyle Development (MAG LD), the development arm of MAG Group, is forging ahead at MAG 230, where SEIDCO General Contracting has been appointed as the main contractor in a deal worth AED 300 million. 23% of the project has already been finalised and construction is progressing in line with...

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Business & Money | Sunday 4 February, 2018 1:09 am

15 workshops encourage Saudi youth to explore entrepreneurship

The King Abdullah Center for Petroleum Research and Studies (KACPRS), Riyadh, recently concluded “Launch Your Project,” a series of 15 workshops aimed at stimulating entrepreneurship in Saudi Arabia, the Saudi Press Agency reported. The event, attended by around 8,800 people, was...

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Business & Money | Saturday 3 February, 2018 5:38 pm

Alinma Bank records SR2b net profit in ‘17

ALINMA Bank has announced net income at SR2,011 million for the year ended 2017 compared to the SR1,502 million it earned in 2016, an increase of 34%. For the bank’s fourth fiscal quarter it achieved net income of SR560 million compared to the SR390 million earned during the corresponding...

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Business & Money | Saturday 3 February, 2018 12:45 am

entourage wins Best Emerging Creative Communications Agency award

entourage, the region’s leading live communication agency, has been recognized as the Best Emerging Creative Communications Agency in Dubai at the recent UAE Business Awards, organized by the British MEA Markets magazine, a reputed Middle East and Africa magazine that reports major...

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Business & Money | Friday 2 February, 2018 4:08 am

Project to employ 10,000 young men, women launched in Riyadh

Riyadh Gov. Prince Faisal bin Bandar launched a project on Wednesday to provide 10,000 jobs for young men and women in the capital and give self-help loans totaling SR11 million ($2.9 million) to unemployed youths. Prince Mohammed bin Abdulrahman bin Abdul Aziz, deputy governor of the Riyadh...

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Business & Money | Friday 2 February, 2018 12:13 am

Leviton Opens New Data Centre Factory

Leviton opened its new Data Centre Factory at its Glenrothes, Scotland, facility. The Data Centre Factory provides data centre managers with bespoke network infrastructure products, including pre-terminated cabling and cassette solutions, with rapid delivery.   ‘Field terminations...

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Business & Money | Thursday 1 February, 2018 5:59 pm

SHUAA Capital reinforces its position as most active Market Maker and Liquidity Provider in UAE following DEPA appointment

Following the recent appointment of SHUAA Capital International Ltd (SCIL) a subsidiary of SHUAA Capital (SHUAA) as Liquidity Provider by Depa Limited (“Depa”), the leading global interior solutions group, SHUAA further strengthens its position as UAE’s most active and experienced ...

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