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Eye of Riyadh

Petromin Confirmed as a Business Partner in Nissan’s Expansion Strategy in Saudi Arabia
Business & Money | Tuesday 8 March, 2016 7:50 am
Nissan has announced a new business partner - Petromin Corporation (Petromin) in the Kingdom of Saudi Arabia. Petromin will join Alissa as the second strategic partner to Nissan as it continues its growth and expansion across the Kingdom.    “We announced in November 2013that...
New Saudization program unveiled
Business & Money | Tuesday 8 March, 2016 5:36 am
Minister of Labor Mufrej Al-Haqbani has directed the launching of a new Saudization program called “Guided Localization” under the minister’s direct supervision. Al-Haqbani urged leaders in the employment sector to extend all types of support to this program that aims at...
McDonald’s UAE Opens New Restaurant at Dubai International Airport’s Concourse D
Business & Money | Monday 7 March, 2016 2:46 pm
McDonald’s UAE has opened its sixth restaurant at Dubai Airports, fully equipped with interactive technology systems and a new contemporary design concept. Located at the new Concourse D, Terminal 1, the 310 square-meter store boasts an array of self-ordering kiosks. Helping to boost...
PRCO Dubai To Represent Porto Montenegro in the GCC
Business & Money | Monday 7 March, 2016 12:02 pm
Porto Montenegro, the Mediterranean’s leading luxury super yacht homeport and marina village, is now represented in the GCC by international integrated communications agency, PRCO Dubai.   The collaboration kicked off with Porto Montenegro’s recent participation at the...
IKEA Saudi Arabia Launches Wireless Charging Making Life at Home More Convenient
Business & Money | Monday 7 March, 2016 10:00 am
Ghassan Ahmed Al Sulaiman Furniture Trading Co. Ltd, IKEA Saudi Arabia, the leading home furnishings company in the region, announced the launch of a new design collection integrating wireless charging of mobile phones and reading tablets into beautiful and functional home furnishing. The new...
Saudi Build 2016 sees bright outlook as construction sector remains upbeat
Business & Money | Monday 7 March, 2016 9:34 am
Saudi Build, the 28th International Trade Exhibition for Construction Materials, Building & Environmental Technology, Saudi Arabia’s most significant construction event for over two decades, is set to take place once again at Riyadh International Convention & Exhibition Centre (RICEC) ...
Mr. Abdulrahman Bajunaid, CEO of RAFAL Real Estate Development Company
Business & Money | Monday 7 March, 2016 6:29 am
The Board of Directors of RAFAL Real Estate Development Company announced on January, 1st 2016, the appointment of Mr. Abdulrahman Bajunaid as CEO of the company as of January 11, 2016. Mr. Sulaiman Al Muhaidib, Chairman of RAFAL Real Estate Development Company said: “We are delighted to...
VAT in the GCC: Now or Never?
Business & Money | Sunday 6 March, 2016 12:00 pm
Though nothing has as of yet been confirmed, senior officials from Saudi Arabia, Oman and the UAE have all referred to implementing Value Added Tax (VAT) by GCC governments over the next two years and so it seems only a matter of timing rather that 'if' VAT will come. To that...
AHLI UNITED BANK LIMITED LAUNCHES OPERATIONS IN DIFC, DUBAI AS FIRST GCC BANK WITH CATEOGRY 1 LICENSE
Business & Money | Sunday 6 March, 2016 11:38 am
Ahli United Bank Limited (AUBL), a 100% subsidiary of Ahli United Bank B.S.C., has today launched its banking operations in Dubai International Financial Centre (DIFC), UAE with an initial paid up capital of US$ 25 million. AUBL has become the first bank in the GCC region to receive the Category 1...
Why Businesses Can No Longer Overlook the Employer Branding Equation
Business & Money | Sunday 6 March, 2016 11:22 am
The success of a company is largely dependent on the employees it attracts and retains, and Bayt.com, the leading job site in the Middle East, now offers companies an extended scope of opportunities to utilize innovative tools and solutions to attract top quality candidates specifically by...
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