Business & Money | Tuesday 29 December, 2015 1:44 pm

Medgulf Takaful B.S.C. (c) and Copart Bahrain Sign Agreement

Medgulf Takaful, an insurance company in Bahrain, has entered into an agreement with Copart Bahrain in a signing ceremony attended by Mr. Nader Saeed Al Mandeel, CEO of Medgulf Takaful and Mr. Carlos Sabugueiro, CEO of Copart in the Middle East andAfrica. Together, the...

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Business & Money | Tuesday 29 December, 2015 1:28 pm

Anan Iskan Provides New World of Workers Accommodation Services

In its efforts to address challenges faced by the labor force in Saudi Arabia, Anan Iskan, the kingdom’s leading and first workers accommodation expert in Saudi Arabia, which provides workers with a wide range of support services aimed at creating internationally approved, safe and healthy...

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Business & Money | Tuesday 29 December, 2015 9:58 am

SaxoTraderGO introduces Touch ID support

Saxo Bank, the online trading and investment specialist, has enabled client identification on SaxoTraderGO through biometric verification. This application update for iPhones and iPads containing Touch ID support has been released to Saxo Bank clients and is now globally available. As an...

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Business & Money | Tuesday 29 December, 2015 7:44 am

2016 Budget

The government’s budget for the 2016 fiscal year (31 December 2015 to 30 December 2016) was endorsed by the Council of Ministers on 28th December. It points to a sustained commitment in maintaining a high level of spending despite the sustained environment of lower oil prices (Figure 1)....

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Business & Money | Tuesday 29 December, 2015 2:31 am

Mataf bridge removal from Feb. 9

The temporary bridges over the mataf, the circumambulation area around the Kaaba, would be removed over a period from Feb. 9 to March 9. This plan is contained in a technical report filed by a government-appointed committee to Crown Prince Mohammed bin Naif, deputy premier and interior minister, ...

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Business & Money | Monday 28 December, 2015 3:10 pm

Proclad Launches Its 3rd Production Line Capable of Generating 1,500 Metric Tons of Nickel Alloy Welding Overlay!

Proclad the world's leader in manufacturing of Corrosion Resistant Alloy (CRA) Clad Pipes, Pipelines, Fittings, Flanges and Piping / Pipeline spools, has announced the launch of its 3rd production line.     ...

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Business & Money | Monday 28 December, 2015 1:39 pm

Gulf International Bank wins ‘Credit Specialist’ at the 2015 Alt Credit Intelligence European Performance Awards

Gulf International Bank is pleased to announce its Emerging Markets Opportunities Fund (EMOF) has won ‘Credit Specialist’ award at ‘Alternative (Alt) Credit Intelligence European Performance Awards’ recently held in London.  The Alt Credit Intelligence Awards are a...

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Business & Money | Monday 28 December, 2015 1:20 pm

24 Countries Participating in the 13th Saudi Print & Pack Show

High Growth rates and massive business opportunities witnessed during the past 10 years have definitely made the Print and Packaging industry one of the key industries that will have major economic impact. Amidst such market potential, Saudi Print & Pack, the 13th international trade exhibition ...

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Business & Money | Monday 28 December, 2015 4:40 am

HRDF ramps up Saudi hiring

The Human Resources Development Fund (HRDF) recruited 251,000 Saudis to work in the private sector this year, up 25 percent compared to 2014. “The number brings to 772,283 Saudis recruited by the HRDF. Of the total number, males accounted for 64 percent,” said Ibrahim Al-Miqil, HRDF...

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Business & Money | Monday 28 December, 2015 12:40 am

Qatar Rail signs contract with Qatar Cool

Qatar Railways Company, the company overseeing the construction of Qatar’s integrated railway network, has signed a contract with Qatar Cool, the leading provider of reliable, efficient and environmentally friendly district cooling services, to provide district cooling services at seven of...

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