Business & Money | Monday 11 April, 2016 3:45 pm

International Investment Bank (IIB) announces successful automotive sector exit

 International Investment Bank (“IIB”) announced an exit from its investment in ARTES, a listed Tunisian-based automobile distributor, selling it at an attractive price of TND7.1 per share through block sales on the Tunisian Stock Exchange. In 2008 IIB and its investors, through ...

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Business & Money | Monday 11 April, 2016 3:43 pm

Tarek Mounir Promoted to Vice President and GM Turkey, Middle East, North Africa, Greece & Cyprus

Turner Europe, Middle East and Africa (EMEA) today announced that Tarek Mounir is promoted to vice president and general manager Turkey, Middle East, North Africa, Greece & Cyprus.    Giorgio Stock, president Turner EMEA, said: “This promotion recognises Tarek's role...

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Business & Money | Monday 11 April, 2016 3:28 pm

Governor of Riyadh sponsors “collective wedding initiative” for people with motor disabilities

Based on it sincere belief in the importance of social responsibility, Arabian Oud the largest fragrance manufacturer and retailer around the world specializing in incense, oriental perfumes and oil perfumes, supported the collective wedding initiative for people with motor disabilities, organized...

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Business & Money | Monday 11 April, 2016 2:03 pm

"Mobil 1" is the official sponsor of "The Track" circuit

Arabian Petroleum Supply Company (APSCO) "Mobil 1" and "The Track", the specialized circuit for hosting  car and Karting racing events in Jeddah, signed a consecutive sponsorship agreement, whereby "Mobil 1" oil becomes the main sponsor of the...

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Business & Money | Monday 11 April, 2016 10:44 am

Cayan Group Acquires Off-Plan Permits for Samaya

Cayan Group, the leading property developer in the Middle East, is to launch Samaya Project in the prime area of Erga, north western Riyadh. Spread on 1 million square meters, the billion-riyal project is set to become the ultimate residential destination, offering integrated services in Wadi...

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Business & Money | Monday 11 April, 2016 9:59 am

Dow Wins US Water Prize

The Dow Chemical Company (NYSE: DOW) has been awarded the prestigious U.S. Water Prize by the U.S. Water Alliance for its work in promoting and enabling more sustainable use and management by companies across the water value chain.  The prize is awarded annually, and this year, Dow is...

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Business & Money | Monday 11 April, 2016 8:57 am

Issues of Digital Disruption and Shifting Demographics

Ashridge Executive Education's research with 250 C-suite executives worldwide, including the Middle East, highlights key issues that are 'keeping CEOs awake at night'.   In an age where mobile phones and web-enabled devices are ubiquitous, new volumes of data offer enormous...

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Business & Money | Monday 11 April, 2016 8:51 am

BIFM to run Facilities Management Business Confidence Monitor Middle East for second year

BIFM, the professional body for facilities management and FM EXPO have launched the initial phase of the Facilities Management Business Confidence Monitor (BCM) 2016 for the Middle East. This follows last year’s inaugural Middle East BCM which provided an assessment and measure of facilities...

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Business & Money | Monday 11 April, 2016 6:48 am

Bayt.com Empowers Students in the Middle East with University Roadshows at No Cost

Bayt.com, the Middle East’s number one job site, has recently conducted a series of career roadshows in top universities across the Middle East, including the Ahlia University Career Day in Jordan and GUST Career Fair in Kuwait, the Career Development Symposium at Abu Dhabi University, the...

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Business & Money | Monday 11 April, 2016 6:40 am

Riyadh governor opens endowment program

Riyadh Gov. Prince Faisal bin Bandar has hailed philanthropists for giving donations to charitable organizations and helping the needy in the Kingdom. He was speaking during the launch of the the endowment program of Charitable Health Society for Patient Care (Enayah) here recently. “I am...

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