Business & Money | Monday 23 May, 2016 6:38 am

GE strengthens local manufacturing with delivery of ‘Made in Saudi’ turbines

GE (NYSE: GE) has strengthened its localized manufacturing in Saudi Arabia with the delivery of six gas compression trains made at the GE Manufacturing & Technology Center (GEMTEC) in Dammam this year.  Six more gas compression trains, each comprising an aeroderivative gas turbine...

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Business & Money | Monday 23 May, 2016 5:27 am

Emaar Middle East awards construction contract for ‘Emaar Residences’ in Jeddah Gate to Arabian Construction CO (ACC)

Emaar Middle East, the subsidiary of global developer Emaar Properties, has awarded the construction contract for its new ‘Emaar Residences’ in Jeddah Gate to Arabian Construction CO (ACC), a leading construction company in the region.    Located in the heart of Jeddah...

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Business & Money | Monday 23 May, 2016 5:20 am

Saudi Arabian firms’ outlook mixed in Q2, 2016

Dun & Bradstreet South Asia Middle East Ltd (D&B) in association with the National Commercial Bank released the D&B Business Optimism Index (BOI) survey for Saudi Arabia for Q2, 2016. The survey reveals cautious optimism levels for firms in Saudi Arabia. Hydrocarbon Sector The...

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Business & Money | Monday 23 May, 2016 5:01 am

DUBAI WILL HOST THE FIRST GCC MANUFACTURING EXCELLENCE & TECHNOLOGY SUMMIT IN NOVEMBER 2016

Significant expansion of the GCC region’s industrial base in terms of the number of factories and size of investments over the last five years is a clear indicator of manufacturing becoming the key sector contributing significantly to the region’s economy. Data from industry reports...

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Business & Money | Monday 23 May, 2016 4:28 am

Yanbu airport may be used for transport of pilgrims

Emir of Madinah Prince Faisal Bin Salman has ordered the local Haj Committee to prepare a report on feasibility of receiving pilgrims at Prince Abdulmohsen Bin Abdulaziz Airport in Yanbu. He also asked a committee to carry out a study on a expansion project around the area of the Prophet’s ...

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Business & Money | Monday 23 May, 2016 3:53 am

Jotun Promotes Its Anti-Bacterial Paints Products in the Fourth Annual Forum on Hospital Design

Jotun, the Kingdom’s No. 1 paint manufacturer, once again established a major presence at the Ministry of Health’s 4th annual Forum on Hospital Design, showcasing its Jotashield ColourXtreme and Fenomastic Hygiene lines that are perfectly suited for the unique demands of the healthcare...

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Business & Money | Sunday 22 May, 2016 6:33 pm

al khaliji announces Nojoom point winners 
as part of its Darbi Program

 Al Khalij Commercial Bank P.Q.S.C (al khaliji) Darbi program in association with Ooredoo’s Nojoom program has gone off to a great start. The bank through a partnership with Ooredoo recently released as many as 400,000 Nojoom points to its first set of customers acquired under this...

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Business & Money | Sunday 22 May, 2016 6:29 pm

Saudi Arabia consumers deeply conflicted over privacy and security priorities

An EMEA-wide study commissioned by F5 Networks has revealed that whilst Saudi consumers have no confidence in some organisations to keep their data safe, many are willing to share their personal information in return for using a service for free. The study, conducted by Opinium Research, surveyed...

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Business & Money | Sunday 22 May, 2016 6:17 pm

Arab Advisors Group’s Technology Convergence Conference 2016 convenes in Amman to shed the light on the new shape of business in the era of hyper connectivity

Under the Royal Patronage of HRH Princess Sumaya Bint El Hassan, President of the Royal Scientific Society, the Technology Convergence Conference 2016 will take place in Amman on the 30th & 31st of May 2016 at the Four Seasons Hotel.  The conference comes in line with the ongoing...

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Business & Money | Sunday 22 May, 2016 5:50 pm

Xerox Corporate Golf Challenge’s 4th qualifier won by Mapetla and Fueste

The 18th edition of the Xerox Corporate Golf Challenge held its fourth qualifying round at the Dubai Creek Golf and Yacht Club on Thursday, May 12, 2016. Over 70 golfers participated in the qualifier which saw Robert Mapetla and Mick Fueste from team Habshan Hackers, take the honours with a score...

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