Business & Money | Tuesday 15 September, 2015 1:38 pm

Saudi Fransi Capital initiates coverage on Ma’aden with "Hold" rating

Saudi Fransi Capital launches research coverage on Saudi Arabian Mining Company (Ma’aden) with a "Hold" recommendation and a 12-month target price of SAR 32.50. Weak commodity prices are expected to lower revenues by -18% for second half of 2015, while rising depreciation will hurt...

More Details

Business & Money | Tuesday 15 September, 2015 4:30 am

SR500-billion Madinah projects on track

The massive SR500 billion expansion projects under way in Madinah are on track and becoming a reality for all to see, said Prince Faisal bin Salman, governor of the city, here recently. Speaking at the opening of a forum and exhibition on the city’s projects, Prince Faisal said the...

More Details

Business & Money | Tuesday 15 September, 2015 3:01 am

Strategic Partnership Binds Mohammad Al Mojil Group (MMG) & Eydat Al Khaleej

Mohammad Al Mojil Group Company (MMG), a specialized Saudi  contracting company, announces on Monday Sept. 14, 2015 a memorandum of understanding with Aydat Al Khaleej Co. Ltd.; a limited liability company presided by HH Prince Sultan Bin Saud Bin Mohammed Bin Saud Al Kabeer; and active in...

More Details

Business & Money | Tuesday 15 September, 2015 2:32 am

GCC officials to discuss key issues before UN meet

Key regional issues, with special reference to the UN General Assembly meeting in New York, will top the agenda of talks between Gulf Cooperation Council (GCC) foreign ministers in the Saudi capital on Tuesday.  “The meeting will review key regional and international issues including...

More Details

Business & Money | Monday 14 September, 2015 4:13 pm

JAC Celebrates 10th Anniversary of Its Italian Design Center

On the afternoon of July 29th, the JAC Italian design center celebrated its ten-year anniversary in Turin.  The JAC Italian Research & Development (R&D) center in Italy is a world-class independent R&D base that makes full use of the Italian automobile industry’s human...

More Details

Business & Money | Monday 14 September, 2015 4:01 pm

McDonald’s Saudi Arabia Donates SAR 1,455,000 to 11 Local Charities

In line with its ongoing Corporate Social Responsibility efforts, McDonald’s Saudi Arabia donated all the proceeds received from its annual “Charity Book Campaign” which amounted to a staggering SAR 1,455,000, to 11 local children’s charity organizations, spreading hope and...

More Details

Business & Money | Monday 14 September, 2015 3:01 pm

OSN scoops two awards at the Gulf Business Industry Awards 2015

OSN, the leading pay-TV network in the Middle East and North Africa, scooped two prestigious awards at the Gulf Business Industry Awards, reaffirming its leadership position in the broadcast industry.     Recognised for its technology, innovation and business leadership, OSN was...

More Details

Business & Money | Monday 14 September, 2015 1:40 pm

Bayt.com Specialties expands with 1 million questions, blogging and article-sharing capabilities

 In just two years since Bayt.com, the leading job site in the Middle East, launched Bayt.com Specialties, it has crossed the 1 million questions mark and the 10 million users milestone, making it the top dedicated regional platform to express thought leadership, promote professional...

More Details

Business & Money | Monday 14 September, 2015 6:38 am

Online Trading Academy extends its franchise agreement for the next 10 years in the GCC

Online Trading Academy and Al Khaleej Training and Education have found success and continued growth in the Middle East region since signing a franchise agreement 10 years ago.  In the decade that Online Trading Academy has been present in the Knowledge Village of Dubai and providing a...

More Details

Business & Money | Monday 14 September, 2015 3:30 am

HONEYWELL SIGNS ON Al-Raha Group for Technical Services TO ENHANCE Maintenance SUpPORT

Honeywell Aerospace (NYSE: HON) has signed an agreement for Al-Raha Group for Technical Services (RGTS) to distribute aftermarket mechanical and avionics products in the Kingdom of Saudi Arabia. The Kingdom of Saudi Arabia-based company will distribute spare parts for commercial rotary wing...

More Details