Business & Money | Monday 4 January, 2016 11:00 am

Red Sea Mall and Etaam Launch Food Perverseness Campaign

In a leading initiative towards community service that is derived from the profound belief to endorse social responsibility, especially by top corporate, Red Sea Mall management has signed a corporation agreement with "Etaam" for food saving awareness. The philanthropy organization...

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Business & Money | Monday 4 January, 2016 10:53 am

Honeywell launches new Gas Safety Control Systems to optimise industrial safety, productivity among ME industries

Representing the next evolution in industrial safety, Honeywell’s(NYSE:HON) recently launched its new generation of gas control systems - Touchpoint Pro and Touchpoint Plus that deliver increased flexibility, cost savings and greater data intelligence to wide range of...

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Business & Money | Monday 4 January, 2016 9:19 am

Saudi stocks gain as banks rise

Middle East stock markets were mixed in quiet trade on Sunday with Dubai falling as Emaar Properties was sold after a fire at one of its luxury hotels. The Saudi and Egyptian markets gained, supported by large-cap bank stocks. Saudi Arabia’s Tadawul All-Share Index gained 0.6 percent in...

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Business & Money | Monday 4 January, 2016 9:14 am

KKIA reports high growth

King Khalid International Airport (KKIA) disclosed on Sunday that more than 22 million passengers arrived in the airport in 2015, indicating a high growth rate in the total number of passengers. The announcement came as the General Authority for Civil Aviation (GACA) prepared to announce new,...

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Business & Money | Monday 4 January, 2016 8:09 am

SEDCO Holding secures 8th Best Workplace in Kingdom

SEDCO Holding Group has achieved another milestone by occupying the 8th Best Place to Work by ‘Great Place to Work’ in Saudi Arabia in 2015, having ranked 11th best place in the past year 2014. SEDCO Holding Group has achieved this ranking based on data derived from a comprehensive...

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Business & Money | Monday 4 January, 2016 7:16 am

First blind councilor registers in Riyadh

Director of the Blind Charitable Society in Riyadh Mohammad Al-Shweiman registered himself as the first visually impaired member of the Riyadh Municipal Council after Minister of Municipal and Rural Affairs Abdulatif Al-Ashiekh appointed him to the position. Al-Shweiman has a BA in Shariah from...

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Business & Money | Sunday 3 January, 2016 1:35 pm

Emaar appoints DUTCO Group as contractor to open The Address Downtown Dubai in record time

In line with the directives of HH Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, to expedite the reopening of The Address Downtown Dubai using the best-in-class design, quality and technology, Emaar Properties has appointed DUTCO Group as the...

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Business & Money | Sunday 3 January, 2016 1:20 pm

CBRE GROUP WELCOMES MAGIC PLANET TO ENMA MALL BAHRAIN

CBRE Group, Inc. today announced the opening of the 22nd Magic Planet , in the MENA region at Enma Mall in Bahrain. The leading children’s entertainment and play centre is the second outlet in Bahrain; the first Magic Planet in Bahrain was opened in August 2008 in Manama.   Magic...

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Business & Money | Sunday 3 January, 2016 11:04 am

DAMAC Properties’ Most Awaited Promotion Back For Dubai Shopping Festival 2016

Luxury real estate developer DAMAC Properties’ renowned shopping festival promotion has been announced for the Dubai Shopping Festival 2016.    The most awaited yearly DSF promotion is offering new buyers of selected villas or apartments in Dubai the opportunity to live a full ...

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Business & Money | Sunday 3 January, 2016 10:59 am

Oil prices could hit record lows in 2016: BP chief

Struggling oil producers could suffer even more pain in 2016 with further plunges in already record-low prices, has BP Chief Executive Bob Dudley warned. “A low point could be in the first quarter,” Dudley told BBC radio. Oil prices fell by 34 percent in 2015, battered by prolonged...

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