Business & Money | Sunday 3 June, 2018 3:03 am

Saudi royal decree dismisses current labor minister, appoints Ahmed al-Rajhi

A Saudi Royal Decree released on Saturday dismissed the kingdom’s current minister of labor and appointed instead Ahmed bin Suleiman bin Abdulaziz al-Rajhi to the position. Ali bin Nasser Al-Ghafees was relieved of his post as labor minister. Al-Rajhi is the Al Rajhi is the 18th...

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Business & Money | Saturday 2 June, 2018 6:39 am

Prince Badr Al-Farhan has been appointed as the Kingdom’s first minister of Culture

A Saudi royal decree released on Saturday appointed Prince Badr bin Abdullah bin Mohammed bin Farhan Al-Saud  as the Kingdom’s Minister of Culture. Prince Badr bin Abdullah bin Mohammed, is the current governor of the Royal Commission for Al-Ula, a post he held since the body was...

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Business & Money | Friday 1 June, 2018 6:46 am

Vision 2030 based on three axes, Saudi women important element of Kingdom’s strength: Minister

Minister of Labor and Social Development Dr. Ali bin Nasser Al-Ghafis stressed that Saudi Arabia’s Vision 2030 is based on three main axes: a vibrant society, a prosperous economy and an ambitious homeland. “Saudi women are an important element of our strength. We will continue to...

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Business & Money | Thursday 31 May, 2018 6:02 pm

Ekhaa – Charitable Foundation for Orphans Care Honors Mobily

H.E. Dr. Ali Bin Naser AlGhafis, Minister of Labor and Social Development and Chairman of “Ekhaa” Board of Directors, presented Mobily on Sunday 27 May 2018 with an honorary plaque, for supporting the Foundation, at the annual “Ekhaa” Suhoor held in Riyadh. Mr. Amjad...

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Business & Money | Thursday 31 May, 2018 3:22 pm

Dubai to Hold 1st Customer Happiness Summit & Awards

Dubai will hold its first ever Customer Happiness Summit & Awards, in October this year. The event will feature government officials, experts, business leaders, policy makers and investors from a myriad of business disciplines as they congregate, connect, explore and propose new ways to support ...

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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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