02 Dhu al-Qi'dah 1445 - 10 May 2024
    
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Eye of Riyadh

Bupa Arabia CEO inaugurated as the second best CEO in the Kingdom during the Top CEO Award for 2016
Business & Money | Thursday 28 April, 2016 4:01 pm
During the TOP CEO Award, organized by TRENDS business publication and INSEAD business school, Tal Hisham Nazer, CEO of Bupa Arabia, the largest health insurance provider in Saudi Arabia, was inaugurated amongst the top 100 CEOs in the Gulf region. Amongst 800 participants, Tal was ranked the top...
KidzMondo Doha signs partnership agreement with LBDI HOLDING
Business & Money | Thursday 28 April, 2016 8:53 am
 In a step towards making the indoor theme park a more vibrant and lively place for young visitors, KidzMondo Doha, Qatar’s one-of-a-kind miniature edutainment city, has partnered with LBDI HOLDING – Mister Pizza and Crepe & More, to add a fun culinary experience to its wide...
Al Meera Consumer Goods Company records a 13.7% rise in sales
Business & Money | Thursday 28 April, 2016 7:37 am
 Al Meera Consumer Goods Company (Q.S.C.) announced its financial results for the first quarter of 2016, ended 31st March 2016, recording a net profit of QR 49.4 million as compared to QR 43.1 million for the same period in 2015, bringing the rate of increase in profits to 14.6%. Similarly, ...
AVERDA STARTS OPERATION OF ITS SECOND MEDICAL WASTE TREATMENT FACILITY IN THE SULTANATE OF OMAN
Business & Money | Thursday 28 April, 2016 7:04 am
Averda entered the Omani waste management market in 2005 when it constructed, installed, commissioned and operated the Medical Waste Treatment Plant (MWTP) in Muscat Governorate (Al Multaqa) on behalf of the Ministry of Health. In December 2015, Averda was awarded a second 5-year contract for the...
Barwa Bank’s AGM approves 10% cash dividend for shareholders
Business & Money | Thursday 28 April, 2016 6:34 am
Barwa Bank convened its Annual General Meeting (AGM) on Monday the 25th of April 2016, during which the results for the fiscal year ending on December 31, 2015, and the cash dividends of 10 percent to shareholders, were approved.   During the AGM, all items on the agenda were discussed,...
Umrah revenues to hit SR200b by 2020
Business & Money | Thursday 28 April, 2016 3:38 am
The revenues to be generated by the Umrah season are expected to soar over SR200 billion by the year 2020, according to Saad Bin Jameel Al-Qurashi, former member of the National Haj and Umrah Committee of the Makkah Chamber of Commerce and Industry. He said about five million people will be...
Visa Brings Digital Payments to Rio 2016 Olympic Games as 1.2 Million Travelers Are Expected in Brazil
Business & Money | Thursday 28 April, 2016 1:44 am
Visa (NYSE:V) today celebrated the 100 day milestone to the Rio 2016 Olympic Games. In its 30th year as the exclusive payment provider of the Olympic Games, Visa is creating and managing the entire payment system infrastructure and network throughout all venues including stadiums, press centers,...
Limited IPO activity in MENA continues in Q1 2016; Egypt and KSA lead activity: EY
Business & Money | Thursday 28 April, 2016 12:30 am
 The Middle East and North Africa (MENA) region witnessed only two IPOs raising US$615.0m in Q1 2016, representing another quarter with limited IPO activity, according to EY. Capital raised through MENA firms in Q1 2016 increased by 141%, while the number of IPOs were consistent (2 IPOs),...
Siemens celebrates 1,000 gas turbines from Berlin: electricity for one billion people
Business & Money | Wednesday 27 April, 2016 4:18 pm
Today, the Siemens gas turbine factory in Berlin is shipping its 1,000th gas turbine manufactured at the plant. The SGT5-4000F gas turbine, which has a capacity of 300 megawatts (MW), weighs 300 metric tons and is destined for the Umm al Houl combined cycle power plant in Qatar. The total...
Commodity prices and energy transition top 2016 World Energy Congress programme
Business & Money | Wednesday 27 April, 2016 4:07 pm
The 23rd World Energy Congress, which is taking place in Istanbul, between 9 and 13 October 2016 has today announced the first key highlights of its official event programme.  Headline sessions will include weathering the commodity price storm and the impact of the COP21 agreement on the...
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