15 Jumada I 1446 - 16 November 2024
    
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Eye of Riyadh

GCESSE Offers an Opportunity for UNIDO to Contribute and Showcase its Success Stories to the World
Business & Money | Sunday 12 June, 2016 2:16 pm
Due to its preparations for the Qatar National Vision 2030 and the FIFA World Cup 2022, Qatar is witnessing a huge booming in the construction sector as well as a massive increase in its population resulting in considerable indirect energy consumption for housing and...
Work on Cayan’s CMC Tower Progresses Ahead of Schedule
Business & Money | Sunday 12 June, 2016 1:48 pm
Cayan Group, the leading property developer in the Middle East’s ongoing mixed-use commercial tower in Riyadh is nearing completion, ahead of schedule. The CMC Tower located in Riyadh, on King Fahad Road is 14 stories tall. The total cost of the CMC Tower is budgeted at SAR 100...
Sales of Hotel Apartments and Residential Units in AYKON City Development Exceed 800 Units
Business & Money | Sunday 12 June, 2016 1:13 pm
DAMAC Properties today announced that more than 800 units of serviced hotel and residential apartments in addition have been sold in its AYKON City development located on Sheikh Zayed road and overlooking Dubai Canal. The announcement follows successful sales events DAMAC organized in Dubai and Abu ...
PR Pressure Conference: The PRessure Is On
Business & Money | Sunday 12 June, 2016 12:53 pm
Over 50 PR agencies and in-house PR departments came together to witness the first PR Pressure conference, which took place on Wednesday, 25 May 2016, at the Dusit Thani, Dubai. The event, organised by Secret PR, marks the first of an annual series of conferences that...
E-commerce in the Middle East to Experience a Significant Surge during Ramadan, says SOUQ.com
Business & Money | Sunday 12 June, 2016 12:51 pm
According to SOUQ.com, a combination of reduced work hours and a celebratory atmosphere means that time spent online as well as consumer spending is higher during Ramadan.  To capitalize on consumers’ increased online consumption and gifting season in the Middle East, SOUQ.com is pleased ...
Western Union Launches Global Ramadan Program
Business & Money | Sunday 12 June, 2016 12:46 pm
The Western Union Company, a leader in global payment services, today launched its "30 Days of Betters" program to reinforce the universal concepts of sharing and caring during the Islamic holy month of Ramadan. The program will run simultaneously in the United Arab...
ASIA SQUARE TOWER 1 SOLD TO QATAR INVESTMENT AUTHORITY
Business & Money | Sunday 12 June, 2016 12:11 pm
Asia Square Tower 1 has been sold by a BlackRock-advised fund to the Qatar Investment Authority (QIA) at approximately S$3.4billion (US$2.45 billion).    CBRE and JLL are joint sole advisors for this transaction for a BlackRock-advised fund.   Rob Blain, Executive...
Dubai Investments wins glass contracts for tallest building, iconic projects in Pakistan
Business & Money | Sunday 12 June, 2016 6:53 am
Dubai Investments PJSC, the leading, diversified investments conglomerate listed on the Dubai Financial Market, has announced that its subsidiary Emirates Glass LLC, one of the largest processors of flat architectural glass in the region and part of Glass LLC – the first glass holding company ...
Midas achieves new milestone with ME's largest furniture showroom in Riyadh
Business & Money | Sunday 12 June, 2016 4:43 am
Midas Furniture has set yet another milestone in its journey of two decades by opening the largest ever furniture showroom in the Middle East, spanning 17000 sqm. The new showroom located in Riyadh's upmarket district of Al-Yasamine Boulevard on King Abdul Aziz Road, Exit...
KSA building houses, schools and hospitals in Pakistan
Business & Money | Sunday 12 June, 2016 4:16 am
Saudi Arabia is building 1,900 housing units, 33 schools and 23 healthcare centers in Pakistan as part of a relief package for earthquake and flood victims in the country. Dr. Khaled Mohammed Al-Othmani, regional director of the Custodian of the Two Holy Mosques Campaign for the Relief of...
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