Business & Money | Wednesday 13 April, 2016 1:18 pm

Alkhabeer Capital Appoints Ahmed Ghouth as CEO

 Alkhabeer Capital, the premier asset management and investment firm based in Jeddah, Saudi Arabia, today announced the appointment of Ahmed Ghouth as Chief Executive Officer. Ammar Shata, founder of Alkhabeer Capital, will remain in his role as Executive Director of the...

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Business & Money | Wednesday 13 April, 2016 1:15 pm

Businesses in KSA Need an Integrated Approach to The Threat Defense Lifecycle

Attackers today use multiple techniques to penetrate an organizations’ infrastructure and compromise their vital data assets or systems. This problem has only been exasperated with the proliferation of the cloud and IoT and today’s targeted multiphase attacks consist of a series of...

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Business & Money | Wednesday 13 April, 2016 1:09 pm

Waseela Successfully Completes Milestone Five-Year WiMAX/LTE Network Managed Services Project in Saudi Arabia

Waseela, the regional Information and Communication Technology (ICT) company specializing in turnkey system integration and managed services, successfully completed the delivery of a WiMAX/LTE Network Managed Services project for Samsung in Saudi Arabia.  The project for Samsung which began ...

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Business & Money | Wednesday 13 April, 2016 4:17 am

2nd day of the Annual Investment Meeting (AIM 2016)

The second day of the Annual Investment Meeting (AIM 2016) held under the patronage of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, Ruler of Dubai at the Dubai International Convention and Exhibition Centre, had lengthily discussions on the opportunities...

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Business & Money | Wednesday 13 April, 2016 4:01 am

First-time buyers were second day’s most prominent visitors at the International Property Show 2016

First-time buyers were second day’s most prominent visitors of the 12th International Property Show, which coincided with the Annual Investment Meeting 2016, at the Dubai International Convention and Exhibition Centre (DICEC) where global exhibitors are competing to showcase their residential ...

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Business & Money | Wednesday 13 April, 2016 3:22 am

NCB’s net income reached SR 2,631 million for first quarter of 2016

The National Commercial Bank announced that net income for the first quarter 2016 reached SR 2,631 million compared to SR 2,606 million for the same quarter of the previous year, an increase of 1%,  and compared to SR 2,127 million for the previous quarter, an increase of...

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Business & Money | Wednesday 13 April, 2016 2:12 am

Mitsubishi to Collaborate with ExxonMobil in Advanced Gas Turbine Technology

Mitsubishi Heavy Industries, Ltd. (MHI) (TOKYO:7011), Mitsubishi Heavy Industries Compressor Corporation (MCO) and Mitsubishi Hitachi Power Systems, Ltd. (MHPS) have announced their collaboration with Exxon Mobil Corporation (ExxonMobil) to develop and explore new applications for their latest...

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Business & Money | Tuesday 12 April, 2016 3:10 pm

Emerging Markets Payments Enables “EMPay” on Merchants’ POS

Emerging Markets Payments (EMP), one of the leading payments processing companies in Africa and the Middle East, launches EMPay – an electronic bills payment solution for Point of Sale (POS) devices which will be available to EMP’s merchants and their customers. After a successful...

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Business & Money | Tuesday 12 April, 2016 3:06 pm

Averda Partners The Environment Socity of Oman

Recognising climate change as one of the greatest challenges of modern times and being a key contributor to The New Plastics Economy Report released during Davos 2016 World Economic Forum, Averda understands the importance of energy efficient processes, products and consumption in...

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Business & Money | Tuesday 12 April, 2016 2:58 pm

Cambridge English: New Regional Director META

 Cambridge English is pleased to announce the appointment of Ramiz Haddadin as the organization’s new Regional Director/Middle East, Turkey and Africa with immediate effect.  Ramiz will be responsible for contributing to Cambridge English’s overall strategy. He is based in...

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