Business & Money | Sunday 15 July, 2018 6:13 am

Saudis can have a role in the Great Silk Route, says Azeri envoy

The cordial political ties between Saudi Arabia and Azerbaijan have been the prime contributor for growing relations between the two nations in other areas of interest, according to the southeastern European country's top diplomat in the Kingdom. Shahin Abdullayev, Azerbaijan's...

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Business & Money | Sunday 15 July, 2018 1:15 am

Bankruptcy reforms ‘will spur Saudi Arabian investment’

Saudi Arabia will introduce its first comprehensive bankruptcy law on Aug. 18 in a move designed to encourage foreign and domestic investment in private business, experts say. The move is also seen as providing a boost for competitiveness and jobs, and to help pave the way for the transfer of...

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Business & Money | Saturday 14 July, 2018 12:40 am

Hankook Technodome Acquires ISO/IEC 17025 Accreditation

Premium tire maker Hankook Tire’s state of the art R&D Center, Hankook Technodome, has acquired ‘ISO/IEC 17025’ from A2LA(American Association for Laboratory Accreditation), acknowledged with the company’s own testing system.    ‘ISO/IEC...

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Business & Money | Friday 13 July, 2018 6:30 am

UAE approves VAT refund for tourists

The United Arab Emirates announced on Wednesday that Value Added Tax refunds will be available for  tourists visiting from overseas, state news agency WAM reported. The UAE introduced VAT in the country on January 1, 2018, at a rate of five percent. The UAE aims to grow the tourism...

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Business & Money | Friday 13 July, 2018 5:22 am

Waseela Appoints New CEO

Waseela (http://www.waseela.com), a leading ICT System Integrator in the Middle East, announced today that its board has appointed Mr. Bilal Al Anani, its Chief Technology Officer (CTO), to succeed Dr. Samer Taha as the company's Chief Executive Officer...

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Business & Money | Friday 13 July, 2018 5:17 am

Bidaya Completes Mortgage Portfolio Assessment Exercise with Capital Intelligence Ratings Ltd

Bidaya Home Finance (Bidaya) has recently completed an assessment of its mortgage finance portfolio via Capital Intelligence Ratings Ltd (CI), Cyprus. Based on this exercise, CI issued a Portfolio Assessment Report (Report) to Bidaya. Bidaya's management team is pleased to have undertaken this...

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Business & Money | Thursday 12 July, 2018 4:46 pm

noon builds e-commerce partnerships in China

noon, the Middle East’s homegrown digital marketplace, is proud to announce the launch of two entities in China, one on the mainland and the other in Hong Kong, kick starting noon’s Asia operations.   In China, noon aims to establish a trusted network of high-quality Chinese...

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Business & Money | Thursday 12 July, 2018 9:00 am

SADAFCO holds successful Extraordinary General Assembly Meeting

Saudia Dairy and Foodstuff Company (SADAFCO) has successfully held its Extraordinary General Assembly Meeting (EGM) earlier last week in Jeddah and concluded formalities for the company’s 2017-18 Financial Year results. The annual general meeting was deemed as being Extraordinary as one...

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Business & Money | Thursday 12 July, 2018 2:31 am

Badiri Business Entrepreneurship Programme 2018 Opens Doors for Second Phase – Planning, Launch and Management

The Badiri Business Entrepreneurship Programme (BBEP) is now accepting applications for its intensive four-month course, where women can learn key business skills that enable them to launch and run a successful business and receive business-mentorship.    The programme, which runs...

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Business & Money | Wednesday 11 July, 2018 3:16 pm

Milestone Landscaping LLC registered against the provisions of international quality standard, ISO 9001:2015

Milestone Landscaping, the hub for interior, patio, and landscaping designs in the city, now proudly registered as confining to the stringent checks of the international quality standard ISO 9001:2015 in its systems. The concept by interior design and landscapist extraordinaire, Sejal Nagjee, has...

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