Business & Money | Saturday 9 May, 2015 3:40 am

MoL plans jobs for 8 million citizens

The Ministry of Labor plans to create jobs for 8 million citizens over the next 20 years, with a special focus on women and young people under the age of 22, according to reports in the local media.The plan is based on the strategic program approved by a royal decree four years ago. It would take...

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Business & Money | Friday 8 May, 2015 3:02 am

Princess Hussa bint Salman highlights dangers of obesity

Princess Hussa bint Salman bin Abdulaziz Al-Saud highlighted the dangers of obesity at a charity event here recently.The event was organized by the Kayl Charitable Society for Combating Obesity at Nayara Hall in Riyadh. The charity was established by Princess Ayah bint Faisal bin Abdullah bin...

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Business & Money | Friday 8 May, 2015 2:59 am

Riyadh at higher altitude with Antonov manufacturing deal

The Kingdom is to manufacture Antonov multipurpose aircraft in cooperation with Ukraine starting in about two years.The deal between Taqnia Aeronautics and Antonov State Company for the transfer of aircraft technology and subsequent manufacture of the aircraft, was inked in Riyadh under the...

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Business & Money | Friday 8 May, 2015 2:33 am

Doha Metro and Lusail Tram Contracts Awarded to Private Sector reached 70%

Under the patronage and presence of His Excellency Sheikh Abdullah Bin Nasser Bin Khalifa Al-Thani, Prime Minister and Minister of Interior, Qatar Railways Company (Qatar Rail) held a gathering with the local private sector under the theme “Industry Awareness Day - Opportunities Available to the...

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Business & Money | Thursday 7 May, 2015 2:30 am

Emaar strengthens global expansion with management contracts in Nigeria & Bahrain

At the Arabian Travel Market today, Emaar Hospitality Group, the hospitality & leisure business of global developer Emaar Properties, announced its ambitious international expansion to Nigeria and Bahrain through hotel and serviced residence management contracts. Building on its strong competencies ...

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Business & Money | Thursday 7 May, 2015 2:19 am

Land Rover Partners with Sony Music Entertainment

As part of its continued efforts to create engaging, regionally relevant content, premium SUV manufacturer Land Rover has revealed an exciting new collaboration with Sony Music Entertainment Middle East. These two major industry players are merging the automotive and entertainment worlds together...

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Business & Money | Thursday 7 May, 2015 1:54 am

Bottom freezer refrigerators increasingly more popular than conventional top freezers

Buying a refrigerator is something that happens occasionally, and with the availability of numerous products and different styles, making the right choice is crucial as it is the most important and most used appliance in your kitchen. Refrigerators and freezers come in a wide array of styles, from...

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Business & Money | Thursday 7 May, 2015 1:50 am

SEDCO agrees on an acquisition plan for 50% stake in a growing Turkish private school firm

SEDCO Holding Group, a leading Shariah-compliant private wealth management organization, has acquired a 50% stake in Mektebim Okullari, a leading, fast growing company operating in the private education sector in Turkey.Anees Moumina, CEO of SEDCO Holding Group, and Ümit Kalko, Mektebim’s...

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Business & Money | Wednesday 6 May, 2015 4:50 pm

Saudi Debt Markets Could Open to Foreign Investors

Delegates at the 10th Euromoney Saudi Arabia Conference remain confident in the strength and dynamism of the Kingdom’s financial sector, and in particular the opportunities being generated by the current wave of economic reforms. While the planned opening of the stock exchange to foreign...

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Business & Money | Wednesday 6 May, 2015 10:17 am

Al-Assaf optimistic about economic diversification

Finance Minister Ibrahim Al-Assaf expressed full optimism in the ongoing economic diversification for the desired robust growth in nonoil sector and on the opening of the Saudi stock exchange (Tadawul) to foreign investors for the first time.Addressing the inaugural session of the tenth Euromoney...

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