Business & Money | Wednesday 14 January, 2015 2:27 am

Castrol Signs Exclusive Agreement with AlOdhaib Company

Castrol, the region’s leading provider of motor oil and lubricants, announced the signing of an exclusive cooperative agreement with AlOdhaib Company, a distributer and service center for Lexus and Toyota in the Kingdom, focusing on the supply of premium, synthetic Castrol lubricants and...

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Business & Money | Tuesday 13 January, 2015 2:52 pm

HILTON WORLDWIDE CELEBRATES GRADUATES OF INNOVATIVE “MANAGER OF THE FUTURE” PROGRAM

In an event held at the Makkah Hilton and Towers in November, Hilton Worldwide celebrated the debut graduates of its Mudeer Al Mustaqbal (Manager of the Future Program). The two-year course is designed to put select Saudi university graduates on the fast track to management positions in the hotel...

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Business & Money | Tuesday 13 January, 2015 2:32 pm

Michael Rauterkus is the new CEO of Grohe AG

Michael Rauterkus (47) has been appointed by the Supervisory Board of Grohe AG to the position of CEO with effect from 1 January 2015. The announcement was made following the last Supervisory Board meeting. Rauterkus takes over this function from David J. Haines, Chairman and CEO of the GROHE Group ...

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Business & Money | Tuesday 13 January, 2015 2:26 pm

Almarai supports “Tarahum” society

The National Committee for the Care of Prisoners, Released Prisoners and their Families "Tarahum" has received a material donation from Almarai Company in form of large quantities of its products to be distributed to the needy of this social category. The support included all branches of Tarahum...

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Business & Money | Tuesday 13 January, 2015 1:32 pm

Sawerly's Entrepreneurship Journey

A 1 Billion Riyal Market with an average of more than 200,000 requests a year only in Saudi, the photography industry was considered an untapped market until last year. Sawerly, an innovative Saudi start-up, had the sole purpose to open our eyes to the photographer market. A once unstandardized,...

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Business & Money | Tuesday 13 January, 2015 1:27 pm

AIESEC to be the Leadership Development Partner at the Human Assets Expansion Summit MENA

150 influential ‘C’ suite executives and HR Directors from leading organisations in the MENA region will unite in Dubai in May for the 10th annual Human Assets Expansion Summit MENA (HAES). Organised by naseba group, which provides deal facilitation services in growth markets, the summit...

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Business & Money | Tuesday 13 January, 2015 1:33 am

HRDF joins bid to Saudize construction work force

The Council of Saudi Chambers (CSC) and the Human Resources Development Fund are exploring the possibility of Saudizing the work force in the construction sector but the scarcity of skilled Saudi manpower is a major cause for concern in the sector where mega projects are under way.In steps to find...

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Business & Money | Tuesday 13 January, 2015 1:20 am

Cayan Group unveils plan to develop AED 1.2 billion mega property projects in Dubai & Riyadh

Cayan Group, one of the Middle East’s leading real estate developers, has announced that it is developing AED 1.2-billion mega property projects in Dubai, UAE and Riyadh, Saudi Arabia this 2015. The award-winning company with a rich portfolio of premium developments across New Dubai’s skyline...

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Business & Money | Tuesday 13 January, 2015 12:57 am

GCC Rail and Metro Conference 2015 Recommendations- A Vision to Sustainable Development

Held under the auspices of His Highness Sayyid Shihab Bin Tariq Al Said, Advisor of His Majesty the Sultan, the GCC Rail and Metro Conference 2015 was held in Qasr Al Bustan Hotel, Muscat, Oman from 11-12 January 2015. The event was organized by Ministry of Transport and Communications in Oman, in...

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Business & Money | Monday 12 January, 2015 3:27 pm

Saudi logistics sector expected to reach SAR 67.5 billion by 2015

The Kingdom of Saudi Arabia’s logistics sector is poised for further significant expansion in 2015. According to industry experts, the value of the local industry is expected to reach SAR 67.5 billion during this year. Saudi Arabia’s thriving sector is reflective of the entire GCC’s...

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