Business & Money | Sunday 27 December, 2015 11:56 am

620 productive families take part in local products expo

As many as 620 Saudi productive families displayed their homemade products at a week-long local products exhibition that kicked off here on Thursday. The event, Saudi Producers 3, at the Riyadh International Convention Center and Exhibition was organized by the Saudi Al-Hadbah Company under the...

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Business & Money | Sunday 27 December, 2015 11:54 am

Shoura seeks citizens’ views

The Shoura Council has sought suggestions from citizens ahead of its upcoming session.  Citizens can send their queries or proposals to Social Affairs Minister Majed Al-Qassabi via e-mail:webmaster@shura.gov.sa, or fax (0114413537) until Monday, the Shoura Council said. “The minister,...

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Technology & IT | Sunday 27 December, 2015 11:51 am

Samsung Launches Galaxy A (2016) with Premium Design and Improved Features

Samsung Electronics Co., Ltd announced its latest Galaxy A smartphones that offer premium design, easy mobile payment technology, and enhanced camera features. The Galaxy A (2016) incorporates Samsung’s latest in innovative design and technology, giving consumers the ability to expresses...

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Business & Money | Sunday 27 December, 2015 11:45 am

Tough 2015 for cross-border IPOs but domestic issuances rise in EMEA

After significantly outperforming domestic initial public offerings in both value and volume growth terms the past two years, cross-border deals slid back to just below 2013 levels in 2015, according to a Cross-Border IPO Index* by global law firm Baker & McKenzie. Only the Europe, Middle East...

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Business & Money | Sunday 27 December, 2015 11:37 am

Saudi Arabia’s Thriving Internet Economy Makes BCG’s 2015 e-Intensity Index

Country-specific socio-economic conditions play a catalytic role in spurring a sustainable and robust local Internet economy. Similarly, the Internet serves as a powerful instrument and vehicle for national economic growth and development. An undeniable reciprocal relationship therefore exists...

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Culture & Education | Sunday 27 December, 2015 10:57 am

First semester school exams begin today

Millions of intermediate and secondary school students across the Kingdom will sit on Sunday for their first semester examination of the academic year. The education departments in various regions of the Kingdom have completed preparations for the exam. More than 700,000 students will sit for...

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Business & Money | Sunday 27 December, 2015 4:01 am

NWC to reroute pipe intersecting with Riyadh Metro project, promises minimal impact

National Water Company is coordinating with local authorities to reroute the CF2 water pipeline in Riyadh as it intersects with ongoing construction work on the Riyadh Metro. The project, which will start on January 5, 2016, is expected to take 10 working days.   NWC said it has studied...

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Technology & IT | Saturday 26 December, 2015 3:21 pm

Mobily Launching Its New “Hala International” Package With 100% Free Bonus Credit Forever!

Mobily has launched its new package (Hala International) with a unique plan which allows the customers to get permanent 100% free bonus credit with every recharge of SAR 10 and above. Mobily clarifies that the free bonus credit can be used for local voice calls, local and international SMS...

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Business & Money | Saturday 26 December, 2015 3:17 pm

SAMA licenses SR900m home finance company

Saudi Arabian Monetary Agency (SAMA) has granted a license to its national home finance company, Bidaya and it will launch with SR900 million ($239.94 million) in capital, the firm announced. SAMA’s decision joins efforts to boost home ownership in the Kingdom, where a shortage of affordable ...

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Business & Money | Saturday 26 December, 2015 12:33 pm

China Formally Establishes Asian Infrastructure Investment Bank

The Chinese-led Asian Infrastructure Investment Bank (AIIB) was formally established on Friday, and is expected to be operational by early next year, local media reported Friday. "The AIIB is legally established as the Articles of Agreement take effect today,"...

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