Business & Money | Friday 22 January, 2016 3:15 am

Saeed Mohammed Al Amoudi Holding Co. named as the Official Sponsor for the Young Traders Project

Saeed Mohammed Al Amoudi Holding Co., the sole agent of Toyo tires in the Kingdom, has actively participated in the Young Traders Project as the official sponsor. The event has been held in Red Sea Mall in Jeddah and lasted for 4 days. Young Traders Project targets the students aged between 10 to...

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Business & Money | Thursday 21 January, 2016 11:42 am

Record-setting 2015 for cross-border M&A globally and in the Middle East

2015 has established itself as a record-breaking year for cross-border M&A post-financial crisis, according to a Cross-Border M&A Index* by global law firm Baker & McKenzie. With corporate deal-making activity at record highs, those companies are also executing record levels of...

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Business & Money | Thursday 21 January, 2016 11:02 am

King Abdullah Port Concluded 2015 with Impressive Achievements and International Partnerships

Engineer Abdullah bin Muhammad Hameedaddin, Managing Director of the Ports Development Company, owners, developers and managers, of King Abdullah Port, has announced the port's success in handling 1,307,017 TEUs. King Abdullah Port, the first privately developed and managed port in the...

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Business & Money | Thursday 21 January, 2016 10:59 am

STAR-STRUCK AMATEURS GET THEIR 
DAY IN THE SUN

Competition winners have enjoyed a unique once-in-a-lifetime opportunity to play with the world’s top golfers at this week’s Abu Dhabi HSBC Golf Championship. The amateurs, all based in the UAE but hailing from different corners of the globe, teed off with their heroes in the Pro-Am...

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Business & Money | Thursday 21 January, 2016 7:18 am

New satellite to upgrade remote sensing capability

The International Conference on Remote Sensing concluded in Riyadh on Wednesday and the King Abdulaziz City for Science and Technology (KACST), which sponsored the event, announced plans to launch a new satellite in cooperation with China which will upgrade its remote sensing facilities and...

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Business & Money | Wednesday 20 January, 2016 3:25 pm

More efforts needed to improve investment/job opportunities for women, say GCF experts

The Saudi government’s recent drive to increase women’s participation in business and create more job opportunities for them has been successful, according to leading female figures. Speaking ahead of the ninth Global Competitiveness Forum (GCF), which will discuss the topic of...

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Business & Money | Wednesday 20 January, 2016 3:23 pm

Fortinet Recognizes Top 2015 Partners and Distributors at Global Partner Conference

Fortinet® (NASDAQ: FTNT) – the global leader in high-performance cybersecurity solutions, today announced the winners of this year's top partner awards. This year's award ceremony was held at the company's Global Partner Conference, which is currently taking place in Cancun,...

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Business & Money | Wednesday 20 January, 2016 2:47 pm

#HempelSaudicolours Announces Competition Winner

Hempel Paints Saudi Arabia successfully wrapped up its first ever online competition: ‘#HempelSaudiColours’.   Over 6,600 entries were submitted across Hempel’s social media channels and the campaign reached 13,000,000 users in Saudi Arabia. The one month competition...

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Business & Money | Wednesday 20 January, 2016 1:51 pm

“Binaa Wa Amal ” Recognized at the 5th Productive Families Forum

Prince Mishaal Bin Majed, Governor of Jeddah, honored "Binaa Wa Amal", a division of Construction Products Holding Company (CPC), for its social responsibility strategy to support and develop productive families and enhance their role to achieve balanced development in the...

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Business & Money | Wednesday 20 January, 2016 11:43 am

SWIFT’s KYC Registry surpasses 2,000 financial institutions

More than 2,000 financial institutions have signed up for The Know Your Customer (KYC) Registry, SWIFT’s centralised repository which maintains a standardised set of information about financial institutions required for KYC compliance.  The Registry provides a secure, cost-effective...

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