Business & Money | Wednesday 9 December, 2015 12:49 pm

GCC plastics producers deliver solutions for climate change

Plastics producers in the Arabian Gulf region are taking strides forward in doing their part to contribute to climate protection, says the Gulf Petrochemicals and Chemicals Association, on the sideline of the 21st edition of the Conference of Parties (COP21) climate talks underway in Paris from 30...

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Business & Money | Wednesday 9 December, 2015 9:34 am

Thuraya Supports Crossing of the Empty Quarter Expedition

Leading Mobile Satellite Services (MSS) operator Thuraya Telecommunications Company has announced its support of a re-enactment of the first-ever crossing of The Empty Quarter (Rub' Al Khali), the largest sand desert on earth. To coincide with the 45th National Day of the Sultanate ...

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Business & Money | Wednesday 9 December, 2015 5:05 am

Economic development with peace emphasized

The 7th edition of the Riyadh Economic Forum, which enjoys international attention because of its high-level of participation and discussion on important research papers on the growing economy of the Kingdom was inaugurated under the patronage of Custodian of the Two Holy Mosques King Salman on...

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Business & Money | Wednesday 9 December, 2015 4:10 am

Human rights bodies can observe Dec. 12 civic polls

All preparations have been completed to hold the country’s third municipal council elections on Saturday, according to the committee overseeing the polls. Judai Al-Qahtani, spokesman for the committee, was quoted as saying at a press conference this week that all civil society...

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Business & Money | Wednesday 9 December, 2015 2:48 am

Deloitte: GCC is one step closer to VAT implementation

Agreements were reached in recent days by members of the GCC on certain design aspects of the Value Added Tax (VAT) systems that are expected to be implemented around the region over time. These agreements mark an important step forward in the increasingly important fiscal reform debate and provide ...

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Business & Money | Wednesday 9 December, 2015 1:52 am

GOIC: "Specialist Group" is the exclusive sponsor for the transport of the Gulf Metrology Forum

The Gulf Organization for Industrial Consulting (GOIC) announced that "Specialist Group" is the exclusive sponsor of transportation in the First Gulf Metrology Forum and accompanying exhibition. The Forum is held in cooperation with the Ministry of Environment in the State of Qatar, and...

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Business & Money | Tuesday 8 December, 2015 2:57 pm

WCU: Commodities relieved by weak dollar but Opec haunts oil

Commodities with the exception of energy traded higher this week not least due to a welcome boost from a weaker dollar. The Opec meeting in Vienna created a nervous backdrop for oil while gold traders remained transfixed on the potential negative impact of a near certain December US rate...

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Business & Money | Tuesday 8 December, 2015 2:43 pm

Sadara Successfully Starts Up First Solution Polyethylene Plant in the Middle East

Sadara Chemical Company (Sadara), the world’s largest chemical complex ever built in a single phase, has successfully started up its first production plant, moving on schedule from the construction to the operational phase.   Sadara’s first product – Linear Low...

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Business & Money | Tuesday 8 December, 2015 12:37 pm

Mobil 1 sponsors "Alghassan Racing Team"

Arabian Petroleum Supply Company (APSCO), the producer of Mobil 1 oil in Saudi Arabia, announced its sponsorship of  Alghassan Racing Team. The Team is participating in GT racing open series for the season 2015/2016 under the leadership of Prince Mohammed bin Faisal bin...

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Business & Money | Tuesday 8 December, 2015 4:07 am

Al-Nahda Philanthropic Society for Women and Uber Collaborate in a Unique Initiative for the First Time in Saudi Arabia

In light of the Municipal Elections in the KSA entering its third round, where both male and female voters aged 18 and above can select their preferred candidate to take on this great role, Al Nahda Philanthropic Society for women has partnered with the world famous personal driving app Uber....

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