Business & Money | Monday 17 August, 2015 11:34 am

MasterCard busts 10 payment myths

Sometimes, a convenient payment solution to make your life easier might seem too good to be true, but with the rise of technology it really is possible. For example, electronic payment developments such as contactless cards and digital wallets seem to be suspiciously simple, too simple in fact that ...

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Business & Money | Monday 17 August, 2015 4:02 am

Jeddah metro to eliminate 30% of traffic movement

The woes Jeddah traffic will soon be a thing of the past, by the introduction of a new form of public transport. The metro system will be established in the city by 2022, enabling commuters to move around the city in a hassle-free manner. The system will consist of light trains such as trams...

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Business & Money | Monday 17 August, 2015 1:00 am

Food Safety and Food Cold Chain community to assemble at the World Food Congress

According to the 2015 Global Food Security Index, the Middle East and North Africa had the greatest gains; 2.4-point increase from last year’s index with United Arab Emirates ranking 23rd out of 109 countries. Despite the rapid strides the region has made, there is much room for improvement....

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Business & Money | Sunday 16 August, 2015 11:36 am

Al Meera Consumer Goods Company Opens its Al Wakra 2 Branch

In line with its slogan, “Your Favourite Neighbourhood Retailer”, Al Meera Consumer Goods Company (Q.S.C) announces the opening of its newest branch in Al Wakra, marking the 44th addition to the successful supermarket chain. The new branch adheres to international standards of...

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Business & Money | Sunday 16 August, 2015 6:20 am

More jobs off-limits to expats

The Labor Ministry has banned issuance of permanent, temporary or seasonal visas to expats for a number of professions. According to reports in the local newspapers, a number of professions have been added to the reserved category. Jobs in these particular professions have to be carried out only...

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Business & Money | Sunday 16 August, 2015 6:14 am

Concerted effort to promote good values

Government agencies and national companies are working together to launch a project to promote good values among children. The move is in accordance with the Saudi National Drug Prevention Program (Nebras), inaugurated recently by Vice Custodian of the Two Holy Mosques Prince Mohammed bin...

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Business & Money | Sunday 16 August, 2015 5:07 am

Traders seek to change activity during Haj season

Many shops in the city are planning to change their commercial activities during the Haj season to meet the demand of pilgrims and thereby earn profits, an official has said. He, however, clarified that stores not involved in the sale of food items will not be allowed to enter this kind of trade in ...

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Business & Money | Saturday 15 August, 2015 2:51 am

Macy’s Forms Joint Venture with Fung Retailing to Test e-commerce in China

Macy’s, Inc. (NYSE:M) today announced it has formed a free-standing joint venture with Hong Kong-based Fung Retailing Limited (a privately-held enterprise; see footnote below) to explore retailing in China, one of the world’s largest and fastest-growing consumer...

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Business & Money | Saturday 15 August, 2015 12:13 am

The Coca-Cola Company Names James Quincey President and Chief Operating Officer

The Coca-Cola Company (NYSE: KO) today announced James Quincey has been named President and Chief Operating Officer (COO), effective immediately. As President and COO, Quincey will have responsibility for all of the Company's operating units worldwide. He will report directly to Chairman and...

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Business & Money | Friday 14 August, 2015 9:54 am

Inc. Magazine Unveils 34th Annual List of America’s Fastest-Growing Private Companies—the Inc. 5000

RF IDeas, Inc. is pleased to share that it has earned the position of 3289 on the 2015 Inc. 5000 as ranked by Inc. magazine on its 34th annual Inc. 500|5000. This is an exclusive ranking of the nation's fastest-growing private companies. RF IDeas, Inc. is ranked #18 in the Computer...

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