Business & Money | Thursday 10 May, 2018 1:14 am

Saudis join this year’s class of WEF’s Young Global Leaders

One hundred of the world’s most promising artists, business leaders, public servants, social entrepreneurs and technologists under the age of 40 have been invited to join the World Economic Forum’s community of Young Global Leaders. The aim is to enable them to shape an inclusive and...

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Business & Money | Thursday 10 May, 2018 1:12 am

14th MEFTECH Payments addresses future of digital payment & Fintech in Saudi Arabia

The 14th Middle East Financial Technology Exhibition and Conference (MEFTEC Payments), hosted by Saudi Arabia for the first time, has been officially opened by the Vice Governor of the Saudi Arabian Monetary Authority (SAMA) Abdulaziz Saleh Al-Furaih at the InterContinental Hotel, Riyadh to discuss ...

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Business & Money | Thursday 10 May, 2018 1:03 am

Madinah hosts 1st International Conference on Humanizing Cities

Prince Faisal bin Salman, Madinah’s governor and chairman of its development authority, on Monday launched the first International Conference on Humanizing Cities at Taibah University. The event, which is organized by the Development Authority of Madinah and ends on May 10, was attended by...

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Business & Money | Wednesday 9 May, 2018 2:36 pm

Casio and Abbar Honor the Winners of the “Elite Club for calculators” Competition

Mahmood Saleh Abbar Company and Casio Computer Co. Ltd. have recently held a celebration for Calculator Distributors and agents to announce the names of the winners of the “Elite Club” competition in different categories. Where four Renault Dokker Van 2018 cars were given to the...

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Business & Money | Wednesday 9 May, 2018 12:25 pm

Family Business Council-Gulf Launches a Book with Guidelines on Family Business Succession Planning in the GCC

The Family Business Council – Gulf (FBCG), the regional association of Family Business Network International (FBN), launched a book on the guidelines of family business succession planning in the GCC during a press conference hosted by His Excellency Abdulaziz Abdulla Al Ghurair, Chairman,...

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Business & Money | Wednesday 9 May, 2018 12:20 pm

Danube hypermarket opens 40th flagship store in Jeddah

The BinDawood Group celebrated the opening of its 40th Danube hypermarket store in the Safa district of Jeddah on Thursday with a grand opening ceremony attended by over 10,000 visitors and customers. The ribbon-cutting ceremony of the flagship state-of the art store was also attended by...

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Business & Money | Wednesday 9 May, 2018 12:04 pm

Bahri celebrates another key milestone with the delivery of its 46th VLCC, ‘Amad’

Celebrating the addition of its 46thVery Large Crude-oil Carrier (VLCC), Bahri, a global leader in logistics and transportation, today welcomed ‘Amad,’ from South Korea-based Hyundai Samho Heavy Industries (HSHI), the...

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Business & Money | Wednesday 9 May, 2018 11:48 am

Cisco Among Top 10 Best Places to Work in the UAE

Cisco has been ranked among the top 10 best places to work in the UAE, by Great Place to Work®(GPTW), a global research, training and consultancy firm that identifies the best workplaces in over 50 countries worldwide.   The top 25 companies were awarded at the GPTW annual event,...

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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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