Business & Money | Friday 3 June, 2016 5:13 pm

SABIC in JV to build another petrochem complex in China

SABIC has signed a Project Development Agreement (PDA) with Shenhua Ningxia Coal Industry Group Co. Ltd. (SNCG), a subsidiary of Shenhua Group Corporation Limited, effective May 30, 2016. The PDA relates to the two parties’ potential joint development of a greenfield petrochemical complex to ...

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Tourism & Hospitality | Friday 3 June, 2016 5:11 pm

Saudia operates special flights for businessmen

Saudia Private Aviation (SPA) on Wednesday launched its Al-Bayraq flights between Riyadh and Jeddah for businessmen. This is a new product of the Saudi Arabian Airlines Company that it is offering to its customers. There will be regular flights between the two cities from 6:00 a.m. to 9:00 p.m....

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Business & Money | Friday 3 June, 2016 4:31 pm

Crown Prince commissions long range boat Jeddah

Crown Prince Muhammad Bin Naif, deputy premier and minister of interior, said the Border Guard’s marine vessels project is one of the projects that will boost the Kingdom’s border security, Saudi Press Agency reported. In a speech during the commissioning of the first long range boat ...

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Government | Friday 3 June, 2016 4:26 pm

King Salman inaugurates King Saud Foundation

Custodian of the Two Holy Mosques King Salman inaugurated King Saud Foundation during a reception for the late king’s sons at Al-Salam Palace in Jeddah on Thursday. Prince Mishal Bin Saud, president of the foundation, accompanied by Prince Sattam Bin Saud and Prince Hussam Bin Saud, attended...

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Business & Money | Friday 3 June, 2016 3:27 pm

CEDA unveils integrated governance regulation for Vision 2030

The Council of Economic and Development Affairs (CEDA) has developed an integrated governance regulation to ensure establishment of a convention of work, raise efficiency, and facilitate coordination of efforts among the relevant authorities with regard to realizing the Kingdom’s Vision 2030. ...

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Business & Money | Friday 3 June, 2016 4:24 am

Tetra Pak Arabia Joins the World in Celebrating World Milk Day

Tetra Pak the world’s leading food processing and packaging solutions company will join the rest of the world in celebrating the 16th World Milk Day. Tetra Pak promotes the consumption of safe packaged milk all over the world. By developing and implementing awareness campaigns publicizing the ...

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Business & Money | Friday 3 June, 2016 3:11 am

MasterCard leads debate on sustainable banking, public-private partnerships at 2016 International Arab Banking Summit

MasterCard, a technology company in the global payments industry, reaffirmed its support for the Arab banking industry’s journey towards digital transformation and sustainable banking practices with its sponsorship of the “Arab Banker of the Year 2016” Award, which was held...

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Business & Money | Thursday 2 June, 2016 4:27 pm

Red Sea Mall General Manager: International Brands Holds 90% of Market Sales

Artin Malatjalian Red Sea Mall General Manager, assured the prominence of Saudi market in reference to retail trade among other competing markets in the region, being the favoured target of international retail brands. He added, international retail brands carry out precise research before...

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Business & Money | Thursday 2 June, 2016 4:06 pm

Motorola Solutions connects Sadara Chemical Company with clear, reliable voice communications

Sadara Chemical Company will deploy an innovative communications system to help its employees in Jubail Industrial City II work more efficiently and safely.   Motorola Solutions (NYSE:MSI) will provide the petrochemical complex with a complete communications network across Sadara’s ...

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Technology & IT | Thursday 2 June, 2016 3:55 pm

Cyberattacks On The Rise Across the GCC Region

FireEye, Inc., the leader in stopping today's advanced cyberattacks, recently revealed key insights on the state of cyber attacks across the EMEA (Europe, Middle East and Africa) region, particularly in the countries of the GCC (Gulf Cooperation Council). In recent years, the GCC states have ...

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