Business & Money | Saturday 10 January, 2015 1:41 am

Govt to come down hard on ‘tasattur’

The Commerce and Industry Ministry has intensified its campaign against illegal business ventures (tasattur) being conducted by expatriates in the name of Saudis as part of efforts to put an end to what it called “the most dangerous practice” affecting the Kingdom’s business community.A...

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Business & Money | Friday 9 January, 2015 1:11 am

Fee hike for seasonal work visas proposed

The Shoura Council’s human resources committee has proposed an increase in fees for seasonal visas, with SR1,000 for the visa and a further SR1,000 for an extension.The proposal is part of amendments to regulations governing visas for temporary and seasonal workers announced recently in a royal...

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Business & Money | Friday 9 January, 2015 12:55 am

twofour54 continues its leading role in training talented media

twofour54, the commercial arm of the Media Zone Authority - Abu Dhabi continues its leading role in supporting Arab youth across the region to boost their skills in the media industry. This week a top-level delegation from twofour54 including HE Noura Al Kaabi, twofour54 Chief Executive Officer and ...

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Business & Money | Friday 9 January, 2015 12:34 am

ROLLS-ROYCE MOTOR CARS CELEBRATES FIFTH SUCCESSIVE SALES RECORD

Rolls-Royce Motor Cars has today revealed record sales results for a fifth consecutive year, with 4,063 cars sold globally during 2014. This exceptional result means that sales have more than quadrupled since 2009.Strong sales were reported worldwide, with double-digit growth in most regions, North ...

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Business & Money | Thursday 8 January, 2015 2:11 pm

Riyadh to host Saudi and international academics, business and political leaders for the 8th Global Competitiveness Forum

This year’s theme ‘Competitive Governments’ draws together an impressive group of over 50 speakers from 22 different countries to discuss the positive impact national competitiveness can have on local, regional and global economic and social development.The Global Competitiveness Forum...

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Business & Money | Wednesday 7 January, 2015 8:38 pm

Panasonic launches sleek 3-in-1 juicer blender and grinder providing maximum extraction

Tapping into the juicing and smoothie trend, Panasonic Marketing Middle East and Africa (PMMAF) has introduced a perfect must-have equipment for every kitchen- the 3-in-1, made in Malaysia juicer blender, MJ-DJ31, providing users with convenient and quick juicing, blending and even grinding options ...

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Business & Money | Wednesday 7 January, 2015 8:08 pm

Barwa Bank recognized for 3 Awards by Global Brands

Barwa Bank, Qatar's fastest growing Shari’ah compliant banking service provider, has been named as the “Best Internet Banking Brand Middle East 2014,” “Best Mobile Banking Brand Middle East 2014,” and “Best Customer Service Banking Brand Middle East 2014” at the Global Brands...

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Business & Money | Wednesday 7 January, 2015 1:26 am

Hundreds join drive for traffic awareness

The safety department and employees’ safety committee representing S-Chem organized a traffic awareness campaign at its complex in Jubail.The campaign, which targeted the company employees, was held in collaboration with the Traffic Safety Committee in the Eastern Province and Saudi Aramco.The...

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Business & Money | Wednesday 7 January, 2015 1:23 am

Prices of building materials drop by 20 percent, say experts

Prices of building materials have dropped by up to 20 percent, and are expected to decline further with a noticeable decrease in demand, Al Eqtesadiyah daily said, quoting experts.Analysing the trend, Raid Al-Aqaili, a former member of the contractors committee at the Jeddah Chamber of Commerce and ...

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Business & Money | Wednesday 7 January, 2015 1:09 am

Veeam Further Cements Its Position in Saudi Arabia Channel after a Successful 2014

Veeam® Software, the innovative provider of solutions that deliver Availability for the Modern Data Center™, is wrapping up its channel activities in 2014 on a high note with impressive third quarter results in the Middle East, including triple-digit percentage growth in the Kingdom of Saudi...

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