Business & Money | Thursday 6 July, 2017 4:45 pm

Al Jazirah Agencies, Flynas celebrate the winner of "Trip and Car" competition

Al Jazirah Vehicles Agencies, the sole authorized dealer of Ford and Lincoln vehicles in Saudi Arabia, and Flynas, the leading low-cost carrier from Saudi Arabia, celebrated the winner of the "Trip and Car" competition which was held between May 16 and 25, 2017.   The...

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Business & Money | Thursday 6 July, 2017 5:20 am

GEMS Education to manage school in Madina

Under the patronage of His Royal Highness Prince Faisal bin Salman bin Abdul Aziz, Governor of Madinah and President of the Honorary Council of Al Boraq Education Charitable Fund, a cooperation agreement was signed between the Fund and GEMS Education to manage an international school in the Holy...

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Business & Money | Thursday 6 July, 2017 5:14 am

Nexans Wins ‘Data Centre Solution Vendor’ Award at The Integrator ICT Champion Awards 2017

Nexans, the worldwide leader in cables and cabling systems, announced that it has won the ‘Data Centre Solutions Vendor of the Year’ award at the 5th Integrator ICT Champion Awards held recently in Dubai. Nexans was recognised for the inroads it has made in the Data Centre market with...

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Business & Money | Thursday 6 July, 2017 3:53 am

Klöckner Pentaplast Completes Acquisition of LINPAC Group

The Klöckner Pentaplast Group (“kp”), announces the successful completion of the acquisition of LINPAC Senior Holdings Limited and its direct and indirect subsidiaries. LINPAC is a prominent film producer and converter for food packaging in Europe. The transaction creates a...

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Business & Money | Wednesday 5 July, 2017 5:45 am

Mobily Adds Booking.com As Neqaty Partner

Etihad Etisalat (Mobily) announced on adding the famous website in hotel booking around the world, “Booking.com” to Neqaty partners. This strategic partnership is an added value to Neqaty program, whereas “Booking.com” is one of the most famous websites for hotel booking...

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Business & Money | Wednesday 5 July, 2017 5:06 am

Cloud infrastructure reality is outperforming perception finds Oracle study

Businesses in Saudi Arabia are rapidly embracing cloud infrastructure (IaaS) to boost performance and innovation levels, new research from Oracle has revealed.  While negative perceptions around security, complexity and loss of control still present barriers to adoption, they are shown to be...

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Business & Money | Wednesday 5 July, 2017 4:30 am

Demand for Alternate Residency and Citizenship Increases in MENA region

Global residency and citizenship is an increasingly important aspect of private and professional life of this new trend of global citizens. For entrepreneurs and investors from Middle East and North Africa (MENA), citizenship by investment is appealing because it presents the opportunity to build...

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Business & Money | Wednesday 5 July, 2017 3:10 am

Natuzzi Italia announces partnership with Dubai Golf

Natuzzi Italia, one of the world's most internationally acclaimed Italian luxury furniture makers, announces its partnership with Dubai Golf, who manage two of the premier and most established golfing destinations in the region, Emirates Golf Club and Dubai Creek Golf & yacht Club As...

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Business & Money | Tuesday 4 July, 2017 1:39 pm

KACST Badir program to set up 600 more companies to provide 3,600 jobs

 King Abdul Aziz City for Science and Technology (KACST) through the Badir program is seeking to establish more than 600 additional companies that would contribute to the creation of 3,600 jobs. Nawaf Al-Sahhaf, chief executive officer of Badir, said here that the program has incubated 127...

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Business & Money | Tuesday 4 July, 2017 1:21 pm

IDB approves over $1bn for development projects

The Jeddah-based Islamic Development Bank (IDB) has approved over $1 billion to support development projects in member countries and in Muslim communities in non-member countries, the Saudi Press Agency (SPA) reported. The projects cover electricity, water, sewage, industry, housing,...

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