Business & Money | Thursday 3 September, 2015 2:35 pm

GN ReSound Opens Johor Malaysia Factory and Distribution Center to Support Continued Company Growth

Today, GN ReSound®, a global leader in innovative hearing technologies, hosted an official opening ceremony for the company’s newest manufacturing and distribution facility in Kulaijaya, Johor, Malaysia. The new 5,000 m2 facility expands GN ReSound’s global production capacity and...

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Business & Money | Thursday 3 September, 2015 2:12 pm

C.H. Robinson Names Jeroen Eijsink President of Its Europe Operations

C.H. Robinson Worldwide, Inc. (“C.H. Robinson”) (NASDAQ: CHRW), one of the world’s largest logistics companies, announced today that Jeroen Eijsink has joined the company as President of C.H. Robinson Europe, B.V. Eijsink will report to President and Chief Executive Officer John...

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Business & Money | Thursday 3 September, 2015 7:38 am

Saudi Fertilizer Industry Earns US$2.7billion in 2014, says GPCA

 With sales revenues estimated at US$2.7 billion, earnings from Saudi Arabia’s fertilizer industry prove that the Kingdom is well on its way to diversifying its economy, according to the Gulf Petrochemicals and Chemicals Association (GPCA).  “Despite the cyclical nature of...

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Business & Money | Thursday 3 September, 2015 4:05 am

Saudi Arabia keeps oil output stable in August

OPEC oil output fell in August from the highest monthly level in recent history, a Reuters survey found on Wednesday, as disruptions to flows on Iraq's northern pipeline halted supply growth from the group's second-largest producer. Largely stable output from Saudi Arabia and other Gulf...

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Business & Money | Thursday 3 September, 2015 4:03 am

Jobs for women top priority

Women in Saudi Arabia have been allocated a package of services to ensure their development and employment, Labor Minister Mufrej Al-Haqabani said Tuesday. The minister was speaking at the first panel discussion at the second National Business Women Forum opened by Commerce and Industry Minister ...

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Business & Money | Thursday 3 September, 2015 3:43 am

AlShiaka Holds its First Board Meeting

AlShiaka, a Saudi men’s outfitters specialized in designing and making men’s thobes, held its first Board meeting on Thursday 27 August 2015. This move comes after SEDCO Holding Group's acquisition of 40% of AlShiaka. In the meeting, Mr. Anees Ahmed Moumina was appointed as Chairman ...

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Business & Money | Wednesday 2 September, 2015 2:33 pm

Jumeirah Group to operate luxury hotel

Jumeirah Group, the global luxury hotel company and a member of Dubai Holding, has been appointed by leading property investment company RP Global to operate a mixed-use development within RP Global’s US$1 billion iconic tower. The Jumeirah Business Bay will include a 200-room luxury Jumeirah ...

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Business & Money | Wednesday 2 September, 2015 2:31 pm

Emerson Climate Technologies Opens Its New Manufacturing Facility in Dammam

Emerson Climate Technologies, a business segment of Emerson, a leading provider of heating, air conditioning and refrigeration solutions for residential, industrial and commercial applications, announced the grand opening of its new, state-of-the-art manufacturing facility in Dammam, Saudi Arabia,...

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Business & Money | Wednesday 2 September, 2015 2:18 pm

NWC using new shipping methods to provide more Zamzam water packs for pilgrims

NWC, official operator of the King Abdullah bin Abdulaziz Zamzam Water Project, said the project has succeeded in producing 100 million packs of the holy water to meet increasing demand this Hajj season. Preparations started early and production capacity has also been increased. Eng. Said Misfer ...

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Business & Money | Wednesday 2 September, 2015 12:38 pm

A Unique Shopping Experience in the First Lifestyle Center in the Kingdom

Raj Real Estate company (subsidiary of AL Rajhi United) and Baseel properties company, announced the signing of a joint venture to launch “Riyadh Walk”, a large-scale real estate commercial project that is designed to become the new destination for shopping, dining and leisure in the...

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