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Eye of Riyadh

Volkswagen Group Saudi Arabia Appoints Elite Automotive Alliance (EAA) as a new Distributor in Saudi Arabia
Cars & Autos | Saturday 7 February, 2015 2:21 pm
As part of its efforts to expand its VW brand dealer network, Volkswagen Group Saudi Arabia has announced the appointment of Elite Automotive Alliance as a new distributor in Saudi Arabia. Volkswagen Group, being the largest automotive company in Europe, aims to revive the brand in the Saudi market ...
Travel and tourism expo ‘to boost economy’
Tourism & Hospitality | Friday 6 February, 2015 6:55 am
Organizers of the three-day Jeddah International Travel and Tourism Exhibition that kicked off Wednesday say the event would help boost the city’s economy.The exhibition was launched under the auspices of Jeddah Gov. Prince Mishaal bin Majed and inaugurated by Hani Abu Ras, the city’s mayor. It ...
Health is top priority
Healthcare | Friday 6 February, 2015 6:50 am
Custodian of the Two Holy Mosques King Salman receives GCC health ministers who came to attend a conference in Riyadh. The ministers congratulated King Salman on his accession to the throne and condoled with him on the death of King Abdullah....
GCC blocks ‘95% of unfit workers’
Healthcare | Friday 6 February, 2015 2:08 am
A standard medical test used by all six Gulf Cooperation Council (GCC) countries have seen them block 95 percent of unfit workers from entering their territory, said Saudi Health Minister Ahmad Al-Khateeb on Wednesday.Al-Khateeb said the GCC had previously only been able to block 70 percent of...
Innovation agenda a key focus for GCC governments, says GPCA
Business & Money | Thursday 5 February, 2015 3:42 pm
Regional governments have put innovation front and center on their national agenda, as evidenced by the growing R&D budgets in the Arabian Gulf, said the Gulf Petrochemicals and Chemicals Association (GPCA). With Saudi Arabia and Qatar making up the top 40 investors in research and development...
SABIC sponsors and collaborates in organizing Saudi Science
Culture & Education | Thursday 5 February, 2015 2:46 pm
SABIC is a strategic sponsor of the Saudi Science and Creativity Festival and is playing an active role in organizing the event jointly with the Ministry of Education, King Abdulaziz and His Companions Foundation for Giftedness and Creativity (Mawhiba), and Saudi Aramco. The Festival was opened by...
MEFIC Capital Distribute Al-Qannas Fund Dividends
Business & Money | Thursday 5 February, 2015 2:21 pm
The Board of Director of Al-Qannas Fund, managed by Middle East Financial Investment Company “MEFIC Capital”, a leading Investment House, licensed and regulated by the Capital Market Authority of Saudi Arabia, has approved the distribution of the fund’s annual net yield of 8%.Al-Qannas Fund...
Innovation agenda a key focus for GCC governments, says GPCA
Business & Money | Thursday 5 February, 2015 9:38 am
Regional governments have put innovation front and center on their national agenda, as evidenced by the growing R&D budgets in the Arabian Gulf, said the Gulf Petrochemicals and Chemicals Association (GPCA). With Saudi Arabia and Qatar making up the top 40 investors in research and development...
New tourism company to boost Uqair development
Tourism & Hospitality | Thursday 5 February, 2015 8:18 am
Prince Sultan bin Salman, chairman of the Saudi Commission for Tourism and Antiquities (SCTA), said that Uqair Development Company is ready for launching. It awaits the signing of the relevant contract.“The shareholders deposited 25 percent of the SR500 million incorporation cost, and the SCTA...
2,500 prisoners set free
Government | Thursday 5 February, 2015 8:10 am
More than 2,500 prisoners have been released from jails across the Kingdom following an amnesty declared by Custodian of the Two Holy Mosques King Salman on Thursday.Disclosing this figure, Maj. Abdullah Al-Harbi, spokesman for the Department of Prisons, said the committees appointed for the...
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