Business & Money | Friday 13 May, 2016 5:26 am

Hajjar to replace Ahmed Ali as IDB chief

Saudi Arabia has proposed Bandar Hajjar, former minister of Haj, as the new president of the Islamic Development Bank (IDB) Group. Hajjar will replace Dr. Ahmed Muhammad Ali, who has been serving as the president of IDB for most of the period ever since its inception in 1975, the Saudi Press Agency ...

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Culture & Education | Friday 13 May, 2016 5:05 am

MENA EFFIE Boot Camp Shapes Up for 2016

MENA Effie successfully hosted its 2nd MENA Effie Bootcamp on 9th May, which saw Effie Worldwide President & CEO Neal Davies join social media gurus from YouTube, Google, Twitter and Facebook in providing highly valuable insights to attendant Marketing professionals.  The intensive,...

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Government | Friday 13 May, 2016 4:25 am

900 houses distributed in Hafr Al-Batin

A total of 900 housing units were distributed to deserving families within a housing project established in Hafr Al-Batin.  The project was inaugurated Wednesday by Eastern Province Gov. Prince Saud bin Naif and Minister of Housing Majid Al-Hogail. The 1,159,958 square meter project includes ...

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Technology & IT | Friday 13 May, 2016 4:23 am

HTC 10 NOW AVAILABLE IN STORES ACROSS SAUDI ARABIA

HTC, a pioneer in innovative smart technologies, has announced that the HTC 10, its innovative new flagship, is now available in stores. Customers can now purchase the much-awaited smartphone at all leading mobile retailers in the KSA at a retail price of SAR 2399.    The perfectly...

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Technology & IT | Friday 13 May, 2016 3:41 am

BenQ’s innovative monitors take the gaming world by storm

 If you are a gaming enthusiast, the one thing you would not want to compromise on is your monitor. In fact, to get the most out of the latest first-person shooter (FPS) games, sports, racing, and other fast-action games, not only will you need a gaming PC with a powerful graphics solution, a...

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Cars & Autos | Friday 13 May, 2016 3:02 am

Nissan to Take 34% Stake in Mitsubishi Motors for 237 Billion Yen

Nissan Motor Co., Ltd., (“Nissan”), and Mitsubishi Motors Corporation, (“MMC”) announced that they have signed a Basic Agreement today to form a far-reaching strategic alliance between the two Japanese automakers.   Following an MMC share issue, Nissan will take a ...

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Business & Money | Thursday 12 May, 2016 2:55 pm

Marka Announces Q1 2016 Financial Results

Marka PJSC (DFM: MARKA), the first retail-focused listed company in the UAE, today released its interim financial results for the first quarter of 2016. For the three months ending 31st  March 2016, the company reported total revenue of AED 75,730 million. Total losses reported for the period...

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Tourism & Hospitality | Thursday 12 May, 2016 2:48 pm

AIR SERBIA TAKES NEXT STEP IN EVOLUTION WITH ARRIVAL OF FIRST WIDE-BODY AIRCRAFT FOR NEW YORK LAUNCH

Air Serbia, the national airline of the Republic of Serbia, celebrated the next step in its evolution as the region’s leading airline, with the arrival of its first wide-body aircraft at Nikola Tesla Airport yesterday.     The Airbus A330 will be used on Air...

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Business & Money | Thursday 12 May, 2016 1:54 pm

Deloitte: Transforming gender balance in the Middle East

Monitor Deloitte recently published a white paper “Getting the balance right- A blueprint for gender balance in the Middle East private sector” which showcases the firm’s recognition of the importance of gender balance in driving economic engines and improving organizations’ ...

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Cars & Autos | Thursday 12 May, 2016 1:52 pm

Nissan reports net income of 523.8 billion yen for FY 2015

Nissan Motor Co., Ltd. today announced financial results for the 12 months to March 31, 2016.   The company delivered increased full-year revenues and profitability. Rising demand for new products in North America, Western Europe and China offset the impact of negative foreign exchange...

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