Business & Money | Wednesday 6 April, 2016 1:09 pm

Citymax Unveil Vibrant New Identity

Citymax Hotels, the hospitality division of the Landmark Group, today reveal the launch of its refreshed visual identity, together with a preview into its re-designed rooms. This exciting process has been inspired by and created to meet the needs of the modern informed traveller.  Bold,...

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Business & Money | Wednesday 6 April, 2016 1:00 pm

68% Businesses in Saudi Arabia Prefer Banks with Solid Security Reputation

68% of companies in Saudi Arabia prefer to bank with a provider who has a solid security reputation, according to a Kaspersky Lab survey. Those banks that make security a priority and take every effort to ensure measures are in place to safeguard against online financial fraud will have an...

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Business & Money | Wednesday 6 April, 2016 7:52 am

Prince Khaled assesses first hand King Abdullah Port achievements

Emir of Makkah Prince Khaled Al Faisal, Advisor to Custodian of the Two Holy Mosques, toured King Abdullah Port on Monday. He viewed the progress of work at the first port ever to be fully owned, developed and operated by the private sector, both in the Kingdom and the Middle East. Prince Khaled ...

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Business & Money | Wednesday 6 April, 2016 7:50 am

KSA vows firm action against Haj disrupters

An assessment report of security and services at last year’s Haj was discussed at a meeting of the Supreme Haj Committee Tuesday in Riyadh chaired by Crown Prince Mohammed bin Naif, deputy premier and interior minister. Prince Mohammed, who held the meeting at the ministry’s office,...

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Business & Money | Wednesday 6 April, 2016 7:49 am

Passport Department discusses plans to streamline operations

Director General of Passport Maj. Gen. Abdul Aziz Al-Yahya met with the different department directors on Monday to discuss future plans to streamline operations. He noted that the number of pilgrims had been increasing so that there’s a need to make necessary adjustments in the issuance...

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Business & Money | Wednesday 6 April, 2016 6:50 am

Saudi businessmen investing $4bn in projects in Egypt

Saudi businessmen are investing $4 billion in projects including the Suez Canal, energy and agriculture, and have already deposited 10 percent of that sum in Egyptian banks, the deputy head of the Saudi-Egyptian Business Council said. “Ten percent of the capital has been deposited in...

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Business & Money | Tuesday 5 April, 2016 2:32 pm

Kingdom’s Real Estate Sector in the Spotlight at Euromoney Saudi Arabia 2016

The long-term opportunities of the Saudi Arabian real estate sector – as well as the steps investors are taking to protect themselves in the current period of turbulence – will be reviewed at the forthcoming Euromoney Saudi Arabia Conference, set to take place in Riyadh this...

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Business & Money | Tuesday 5 April, 2016 2:13 pm

GIB donates 40% of its treasury net income on the 40th day of its 40th year to charities in Bahrain and Saudi Arabia

Gulf International Bank B.S.C. (GIB) is proud to announce the start of its yearlong 40th anniversary celebrations with a charitable donation of an amount in excess of US$ 100,000. It was earlier reported that the donation was US$ 90,000 but the figure was updated after final tallying. The donation...

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Business & Money | Tuesday 5 April, 2016 9:20 am

What’s the future for Retail Banking?

Market disruption in financial sectors, branch transformation, enhanced user experience and digitalization of banking services are some of the main challenges facing Middle East retail bankers in the upcoming years. One of the key questions still remains: “What does the next generation of...

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Business & Money | Tuesday 5 April, 2016 6:29 am

Emir of Makkah attends the graduation ceremony at King Abdullah Economic City

Prince Khaled Al-Faisal, emir of Makkah and adviser to Custodian of the Two Holy Mosques, attends the graduation ceremony at King Abdullah Economic City (KAEC) in Rabigh ...

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